ARTICLE I.
SHAREHOLDER CONSENT; AGREEMENT TO VOTE
Section 1.1.Agreement to Vote. The Shareholder hereby irrevocably and unconditionally agrees that, from the date hereof until the termination of this Agreement in accordance withSection 5.1 (the “Agreement Term”), the Shareholder shall (i) take all such actions as may be required to cause each Parent Share held by the Shareholder to be present, in person or by proxy, at any duly called meeting of the shareholders of Parent in connection with the Purchase Agreement or any Contemplated Transaction, including at any adjournment or postponement thereof, for purposes of establishing a quorum and (ii) at any such meeting, including at any adjournment or postponement thereof, and on every action or approval by written consent by the stockholders of Parent, vote (or cause to be voted), in person or by proxy, to the extent entitled to vote thereon, all of the Parent Shares held by the Shareholder:
(a) in favor of (1) granting the Required Parent Vote and (2) any proposal to adjourn or postpone such meeting to a later date; and
(b) against (1) any Acquisition Agreement (other than the Purchase Agreement and the Contemplated Transactions), share exchange, consolidation, combination, dual listed structure, sale of assets, issuance of securities, reorganization, recapitalization, dissolution, liquidation, winding up or other extraordinary transaction of or by Parent, (2) any Acquisition Proposal or Superior Proposal, (3) any action that would reasonably be expected to result in a breach of or failure to perform, in any material respect, any representation, warranty, covenant or agreement of Parent under the Purchase Agreement or of the Shareholder under this Agreement, and (4) any action that would reasonably be expected to prevent, impede, frustrate, interfere with, delay, postpone, adversely affect or nullify any provision of the Purchase Agreement, the Transaction Agreements or any other agreement contemplated by the Purchase Agreement, the Contemplated Transactions or change in any manner the voting rights of any class of capital stock of Parent. The Shareholder shall not commit or agree to take any action inconsistent with the foregoing.
Section 1.2.Other Voting Rights. For the avoidance of doubt, (a) except as expressly set forth inSection 1.1, nothing in this Agreement shall limit the right of the Shareholder to vote in favor of, against, or abstain with respect to any matter presented to the stockholders of Parent not addressed by this Agreement and (b) nothing in this Agreement shall require the Shareholder to vote in favor of, against, or abstain with respect to, any amendment or modification to the Purchase Agreement.
ARTICLE II.
REPRESENTATIONS AND WARRANTIES OF THE SHAREHOLDER
The Shareholder hereby represents and warrants to Buyer as follows:
Section 2.1.Power; Due Authorization; Binding Agreement. The Shareholder has the requisite power, authority and legal capacity to enter into, execute and deliver this Agreement, to perform its obligations hereunder and to consummate the transactions contemplated hereby. The execution and delivery of this Agreement and the consummation by the Shareholder of the transactions contemplated hereby have been duly and validly authorized by all necessary corporate, partnership or other applicable action on the part of the Shareholder, and no other proceedings on the part of the Shareholder are necessary to authorize this Agreement or to consummate the transactions contemplated hereby. This Agreement has been duly and validly
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