“Company Shares” means the issued and outstanding shares of common stock, par value $0.0001 per share, and the issued and outstanding shares of Series A preferred stock, par value $0.0001 per share, of the Company.
“Covered Shares” means the Owned Shares and any Additional Owned Shares.
“Liens” means any liens, pledges, claims, options, proxies, voting trusts or agreements, security interests, understandings or arrangements or any other encumbrances whatsoever on title, transfer or exercise of any rights of a stockholder in respect of the Owned Shares (other than as created by this Agreement or restrictions on transfer under applicable securities Laws).
“Owned Shares” means all Company Shares that are beneficially owned by Stockholder or any of its Affiliates as of the date hereof, as set forth on Schedule 1.
“Transfer” means, with respect to any Covered Share, the sale (including short sale), assignment, transfer, tender, pledge, encumbrance, grant of a participation interest in, hypothecation, placement in trust or other disposition of (whether by sale, merger, consolidation, liquidation, dissolution, dividend, distribution, gift or otherwise) of such Covered Share or the beneficial ownership thereof, whether voluntarily or by operation of Law, the limitation of the right, title or interest or right to vote in any manner with respect thereto, the offer to make such a transfer or other disposition, or the option, agreement, arrangement or understanding, whether or not in writing, to effect any of the foregoing. As a verb, “Transfer” shall have a correlative meaning.
2. | Voting Agreement; Irrevocable Proxy. |
(a) Voting Agreement. Upon the terms and subject to the conditions of this Agreement, at any meeting of the stockholders of the Company, however called, or at any adjournment or postponement thereof, or in any other circumstance in which the vote, consent or other approval of the stockholders of the Company is sought (including the Stockholders’ Meeting), Stockholder shall, and shall cause the holder of record of any Covered Shares to, (i) appear (in person or by proxy) at each such meeting or otherwise cause all Covered Shares to be counted as present thereat for purposes of calculating a quorum and (ii) vote (or cause to be voted) all Covered Shares:
(1) in favor of (i) the adoption of the Merger Agreement, the Merger and the approval of all agreements related to the Merger and any actions related thereto; (ii) without limitation of the preceding clause (i), the approval of any proposal to adjourn or postpone any such meeting to a later date if there are not sufficient votes for adoption of the Merger Agreement on the date on which such meeting is held and (iii) each of the Transactions;
(2) against any Acquisition Proposal;
(3) against any (i) merger, amalgamation, consolidation, combination, share exchange, business combination, sale of material assets, reorganization, recapitalization, dissolution, liquidation or winding up of or by, or any other extraordinary corporate transaction involving, the Company, (ii) sale, lease, license or transfer of a material amount of assets (including, for the avoidance of doubt, any Company Product or Intellectual Property) of the Company or agreement relating to the foregoing (other than the Merger Agreement and the Transactions) or (iii) any change in or to the Company Board that is not recommended or approved by the Company Board; and