Common use of Other Votes Clause in Contracts

Other Votes. The parties will consult with each other with regard to all matters submitted to a vote of the shareholders of eMerge, and will attempt in good faith to agree on a course of action which is in the best interests of both SSI and ICG, it being acknowledged that this is an obligation to meet and discuss such matters, but not an obligation to act other than in each entity's best interest.

Appears in 2 contracts

Sources: Joint Venture Agreement (Safeguard Scientifics Inc Et Al), Joint Venture Agreement (Safeguard Scientifics Inc Et Al)

Other Votes. The parties will consult with each other with regard to all ----------- matters submitted to a vote of the shareholders of eMerge, and will attempt in good faith to agree on a course of action which is in the best interests of both SSI and ICG, it being acknowledged that this is an obligation to meet and discuss such matters, but not an obligation to act other than in each entity's best interest.

Appears in 1 contract

Sources: Joint Venture Agreement (Internet Capital Group Inc)