Common use of Proxy Solicitations Clause in Contracts

Proxy Solicitations. During the term hereof, without the consent of a majority of the independent members of the Board of Trustees of the Trust (the "Board of Trustees"), Holder agrees that it will not: (i) make or participate in, directly or indirectly, any "solicitation" of "proxies" (as such terms are defined or used in Regulation 14A promulgated pursuant to the Exchange Act) or become a "participant" in any "election contest" (as such terms are used in Regulation 14A) with respect to the Trust, (ii) seek to encourage any third person to vote Common Shares in opposition to the recommendation of a majority of the Board of Trustees, (iii) propose any amendment to the Declaration of Trust of the Trust (the "Declaration of Trust") or (iv) assist any attempt by any other person or entity to do any of the foregoing.

Appears in 2 contracts

Sources: Standstill Agreement (Brandywine Realty Trust), Standstill Agreement (Brandywine Realty Trust)