Common use of No Voting Trusts or Other Arrangement Clause in Contracts

No Voting Trusts or Other Arrangement. Stockholder agrees that during the term of this Agreement, Stockholder will not, and will not permit any entity under Stockholder’s control to, (i) deposit any of the Shares in a voting trust, grant any proxies with respect to the Shares, (ii) enter into any arrangement with respect to the voting of the Shares other than agreements entered into with the Company, (iii) grant or permit the grant of a proxy, power of attorney or other authorization or consent with respect to any of the Stockholder’s Shares that is inconsistent with the Stockholder’s obligations pursuant to this Agreement, (iv) enter into any Contract or other undertaking that is otherwise inconsistent with, or would interfere with, or prohibit or prevent it from satisfying its obligations pursuant to this Agreement, (v) take or permit to take any other action that would in any way interfere with, or prohibit or prevent Stockholder from satisfying its obligations pursuant to this Agreement or (vi) knowingly approve or consent to any of the foregoing.

Appears in 2 contracts

Sources: Voting Agreement (PECK Co HOLDINGS, INC.), Voting Agreement (Sunworks, Inc.)

No Voting Trusts or Other Arrangement. Stockholder agrees that during the term of this Agreement, Stockholder will not, and will not permit any entity under Stockholder’s control to, (i) deposit any of the Shares or the Voting Agreement Shares in a voting trust, grant any proxies with respect to the Shares or the Voting Agreement Shares, (ii) enter into any arrangement with respect to the voting of the Shares or the Voting Agreement Shares, other than agreements entered into with the Company, (iii) grant or permit the grant of a proxy, power of attorney or other authorization or consent with respect to any of the Stockholder’s Shares or the Voting Agreement Shares that is inconsistent with the Stockholder’s obligations pursuant to this Agreement, (iv) enter into any Contract or other undertaking that is otherwise inconsistent with, or would interfere with, or prohibit or prevent it from satisfying its obligations pursuant to this Agreement, (v) take or permit to take any other action that would in any way interfere with, or prohibit or prevent Stockholder from satisfying its obligations pursuant to this Agreement or (vi) knowingly approve or consent to any of the foregoing.

Appears in 1 contract

Sources: Voting Agreement (PECK Co HOLDINGS, INC.)