iHeartMedia 2003 Annual Report Download - page 129

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(iv) (A) solicit proxies or consents or become a
"participant" in a "solicitation" (as such terms are defined or used in
Regulation 14A under the Exchange Act) of proxies or consents with respect to
securities of the Company or any of its successors or Subsidiaries; (B) initiate
any shareholder proposal or "election contest" (as such term is defined or used
in Rule 14a-11 under Exchange Act) with respect to the Company or any of its
successors or Subsidiaries; or (C) directly or indirectly, advise, assist,
encourage, induce or act as a financing source for others to take any such
action;
(v) take any action for the purpose of (A) convening
a meeting of the shareholders of the Company or any of its successors or
Subsidiaries; (B) taking action by written consent of the shareholders of the
Company or any of its successors or Subsidiaries; or (C) directly or indirectly,
advise, assist, encourage, induce or act as a financing source for others to
take such action;
(vi) except in connection with actions otherwise
permitted by this Agreement, make any public announcement or disclosure relating
to (A) the acquisition of Voting Securities that would result in the aggregate
beneficial ownership of Voting Securities of the Shareholders and their
Affiliates exceeding the Percentage Limitation; (B) a proposal for a Business
Combination Transaction; or (C) a tender offer or exchange offer for Voting
Securities;
(vii) except as permitted by Section 3.1, enter into
or agree, offer, commence, propose or seek to enter into, discuss or otherwise
be involved in or part of, directly or indirectly, any (A) tender offer or
exchange offer for Voting Securities or (B) any Business Combination
Transaction;
(viii) request or solicit any Person or negotiate
with any Person to (A) make a tender offer or exchange offer for Voting
Securities or (B) make a Business Combination Transaction;
(ix) make any proposal (A) to the Company or its
Board of Directors for a Business Combination Transaction or (B) for a tender
offer or exchange offer for Voting Securities;
(x) except in connection with bona fide estate
planning activities undertaken by a Shareholder who is an individual, deposit
Voting Securities into a voting trust or subject Voting Securities to voting
agreements, or grant any proxy with respect to any Voting Securities to any
person not designated by the Company’s Board of Directors, other than in
connection with a bona fide pledge of Voting Securities by a Shareholder who is
an individual;
(xi) form, join or in any way participate in a 13d
Group for the purpose of taking any action restricted or prohibited under any
clause of this Subsection (a) of Section 2.1;
(xii) disclose publicly any intention, plan or
arrangement inconsistent with the foregoing or the other provisions of this
Agreement relating to any Voting Securities; or
(xiii) enter into any discussions, negotiations,
arrangements or understandings with any third party with a view to, or advise,
aid, abet, solicit, induce, encourage
4