Termination of Voting Rights. All of the rights of a Shareholder with respect to the Shareholder Vote exercisable in respect of each Exchangeable Non-Voting Share held by such Shareholder shall be deemed to be surrendered by the Shareholder to the Parent and such Shareholder Votes and the Voting Rights represented thereby shall cease immediately upon the exchange, retraction or redemption of the Exchangeable Non-Voting Shares by or from the Shareholder.
Appears in 7 contracts
Sources: Share Exchange and Share Purchase Agreement (Actionview International Inc), Share Exchange and Share Purchase Agreement (Sierra Gigante Resources Inc), Exchange and Voting Agreement (Thinweb Com Corp)
Termination of Voting Rights. All of the rights of a Shareholder with respect to the Shareholder Vote exercisable in respect of each Exchangeable Non-Voting Share held by such Shareholder shall be deemed to be surrendered by the Shareholder to the Parent and such Shareholder Votes and the Voting Rights represented thereby shall cease immediately upon the exchange, retraction or redemption of the Exchangeable Non-Voting Shares by or from the Shareholder.
Appears in 1 contract
Sources: Exchange and Voting Agreement (Internet Food Co Inc)