Common use of Termination of Voting Provisions Clause in Contracts

Termination of Voting Provisions. Notwithstanding any other provisions of this Agreement, (I) the right of any Principal and his or her Family Affiliate to participate in the Preliminary Vote, (II) the obligation of any Principal and his or her Family Affiliate to vote in accordance with Section 2.2 and (III) the irrevocable power of attorney and proxy provided by such Founder Stockholders pursuant to Section 2.2(b) shall, in each case, terminate at the close of business on the Employment Termination Date of such Principal.

Appears in 2 contracts

Sources: Stockholders Agreement (Neuberger Berman Inc), Stockholders Agreement (Neuberger Berman Inc)

Termination of Voting Provisions. Notwithstanding any other provisions of this Agreement, (Ii) the right of any Principal and his or her Family Affiliate to participate in the Preliminary Vote, (IIii) the obligation of any Principal and his or her Family Affiliate to vote in accordance with Section 2.2 and (IIIiii) the irrevocable power of attorney and proxy provided by such Founder Management Stockholders pursuant to Section 2.2(b) shall, in each case, terminate at the close of business on the Employment Termination Date of such Principal.

Appears in 1 contract

Sources: Stockholders Agreement (Neuberger Berman Inc)