Common use of Action in Stockholder Capacity Only Clause in Contracts

Action in Stockholder Capacity Only. It is expressly understood and agreed that each Stockholder makes no agreement or understanding under this Agreement in its, his or her capacity as a director of Universal. Each Stockholder is entering into this Agreement solely in its, his or her capacity as a record and beneficial owner of Shares, and nothing contained herein shall limit or affect, or impose any obligations with respect to, any actions taken by the Stockholder in its, his or her capacity as a director of Universal.

Action in Stockholder Capacity Only. It is expressly understood and agreed that each the Stockholder makes no agreement or understanding under this Agreement other than in its, his or her the Stockholder's capacity as a director stockholder of Universal. Each The Stockholder is entering into this Agreement solely in its, his or her its capacity as a record and beneficial owner of SharesCommon Stock, and nothing contained herein shall limit or affect, or impose any obligations with respect to, any actions taken by the nominees of Stockholder or Weatherford who serve in its, his or her the capacity as of a director of Universal.

Action in Stockholder Capacity Only. It is expressly understood and agreed that each the Stockholder makes no agreement or understanding under this Agreement in its, his or her capacity as a director or officer of UniversalCompany. Each The Stockholder is entering into this Agreement solely in its, his or her capacity as a record and beneficial owner of Shares, and nothing contained herein shall limit or affect, or impose any obligations with respect to, any actions taken by the Stockholder in its, his or her capacity as a director or officer of UniversalCompany.