Common use of Action in Stockholder Capacity Only Clause in Contracts

Action in Stockholder Capacity Only. No person executing this Agreement who is or becomes during the term hereof a director or officer of Parent makes any agreement or understanding herein in his or her capacity as such director or officer. Each Stockholder signs solely in his or her capacity as the record holder and beneficial owner of, or the trustee of a trust whose beneficiaries are the beneficial owners of, such Stockholder’s Shares and nothing herein shall limit or affect any actions taken by a Stockholder in his or her capacity as an officer or director of Parent to the extent permitted by the Merger Agreement.

Appears in 4 contracts

Samples: Voting Agreement (Zhone Technologies Inc), Voting Agreement (Zhone Technologies Inc), Voting Agreement (Paradyne Networks Inc)

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Action in Stockholder Capacity Only. No person executing this Agreement who is or becomes during the term hereof a director or officer of Parent the Company makes any agreement or understanding herein in his or her capacity as such director or officer. Each Stockholder signs solely in his or her capacity as the record holder and beneficial owner of, or the trustee of a trust whose beneficiaries are the beneficial owners of, such Stockholder’s Shares and nothing herein shall limit or affect any actions taken by a Stockholder in his or her capacity as an officer or director of Parent the Company to the extent permitted by the Merger Agreement.

Appears in 4 contracts

Samples: Voting Agreement (Sorrento Networks Corp), Voting Agreement (Paradyne Networks Inc), Voting Agreement (Zhone Technologies Inc)

Action in Stockholder Capacity Only. No person Stockholder executing this Agreement who is or becomes during the term hereof a director or officer of Parent the Company makes any agreement or understanding herein in his or her capacity as such director or officer. Each Stockholder signs solely in his or her capacity as the record holder and beneficial owner of, or the trustee of a trust whose beneficiaries are the beneficial owners of, such Stockholder’s Shares and nothing herein shall limit or affect any actions or omissions taken by or fiduciary duties of, a Stockholder or any of its affiliates, in his or her capacity as an officer or director of Parent the Company to the extent permitted by the Merger AgreementAgreement and applicable law.

Appears in 2 contracts

Samples: Voting Agreement (Pyramid Oil Co), Voting Agreement (Pyramid Oil Co)

Action in Stockholder Capacity Only. No person Person executing this Agreement who is or becomes during the term hereof a director or officer of the Parent makes any agreement or understanding herein in his or her capacity as such director or officer. Each Stockholder signs solely in his or her its capacity as the record holder and beneficial owner of, or the trustee of a trust whose beneficiaries are the beneficial owners of, such Stockholder’s Shares and nothing herein shall limit or affect any actions taken by a or fiduciary duties of Stockholder or any of its affiliates in his its or her their capacity as an officer or director of the Parent to the extent permitted by the Merger AgreementAgreement and applicable Law.

Appears in 2 contracts

Samples: Voting Agreement (Halcon Resources Corp), Voting Agreement (Georesources Inc)

Action in Stockholder Capacity Only. No person executing this Agreement Stockholder who is or becomes during the term hereof a director or officer of Parent the Company makes any agreement or understanding herein in his or her capacity as such a director or officer. Each Any such Stockholder signs solely in his or her capacity as the record holder and beneficial owner of, or the trustee Beneficial Owner of a trust whose beneficiaries are the beneficial owners of, such Stockholder’s Covered Shares and nothing herein in this Agreement shall limit or affect any actions taken by a Stockholder such individual solely in his or her capacity as an a director or officer or director of Parent to the extent permitted by the Merger AgreementCompany.

Appears in 2 contracts

Samples: Voting Agreement (SAVVIS, Inc.), Voting Agreement (Centurylink, Inc)

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Action in Stockholder Capacity Only. No person Person executing this Agreement who is or becomes during the term hereof a director or officer of Parent the Company makes any agreement or understanding herein in his or her capacity as such director or officer. Each Stockholder signs solely in his or her capacity as the record holder and beneficial owner of, or the trustee of a trust whose beneficiaries are the beneficial owners of, such Stockholder’s Shares and nothing herein shall limit or affect any actions taken by or fiduciary duties of, a Stockholder or any of its affiliates, in his or her capacity as an officer or director of Parent the Company to the extent permitted by the Merger AgreementAgreement and applicable law.

Appears in 2 contracts

Samples: Voting Agreement (Georesources Inc), Voting Agreement (Halcon Resources Corp)

Action in Stockholder Capacity Only. No person executing this Agreement who is or becomes during the term hereof a director or officer of Parent the Company makes any agreement or understanding herein in his or her capacity as such director or officer. Each Stockholder signs solely in his or her capacity as the record holder and beneficial owner of, or the trustee of a trust whose beneficiaries are the beneficial owners of, such Stockholder’s Shares and nothing herein shall limit or affect any actions taken by a Stockholder in his or her capacity as an officer or director of Parent the Company to the extent permitted by the Merger Strategic Agreement.

Appears in 1 contract

Samples: Strategic Alliance Agreement (Elite Pharmaceuticals Inc /De/)

Action in Stockholder Capacity Only. No person executing this Agreement who is or becomes during the term hereof a director or officer of Parent the Company makes any agreement or understanding herein in his or her capacity as such director or officer. Each Stockholder signs solely in his or her capacity as the record holder and beneficial owner of, or the trustee of a trust whose beneficiaries are the beneficial owners of, such Stockholder’s Shares and nothing herein shall limit or affect any actions taken by a Stockholder in his or her capacity as an officer or director of Parent the Company to the extent permitted by the Merger AgreementTransaction.

Appears in 1 contract

Samples: Stockholder Voting Agreement (Pricesmart Inc)

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