Common use of Standstill Arrangements Clause in Contracts

Standstill Arrangements. Until the third anniversary after the first date on which the Stockholder and the Parent in the aggregate cease to Beneficially Own at least _______ shares of Company Common Stock [5% of the Company Common Stock outstanding after giving effect to the completion of the transactions contemplated by the Purchase Agreement]:

Appears in 2 contracts

Sources: Stock and Asset Purchase Agreement (Ingersoll Rand Co LTD), Stock and Asset Purchase Agreement (Timken Co)