Actions of the Shareholders' Agent. A decision, act, consent or instruction of the Shareholders' Agent shall constitute a decision of all Former Company Equityholders for whom the Escrow Shares otherwise issuable to them are deposited in the Escrow Fund and shall be final, binding and conclusive upon each such Former Company Equityholder, and the Escrow Agent and Acquiror may rely upon any decision, act, consent or instruction of the Shareholders' Agent as being the decision, act, consent or instruction of each and every such Former Company Equityholder. The Escrow Agent and Acquiror are hereby relieved from any liability to any person for any acts done by them in accordance with such decision, act, consent or instruction of the Shareholders' Agent.
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Samples: Agreement and Plan of Merger (QRS Corp), Agreement and Plan of Reorganization (QRS Corp)
Actions of the Shareholders' Agent. A decision, act, consent or instruction of the Shareholders' Agent shall constitute a decision of all of the Former Company Equityholders Platform Shareholders for whom the Escrow Shares shares of ESS Common Stock otherwise issuable to them are deposited in the Escrow Fund and shall be final, binding and conclusive upon each such Former Company EquityholderPlatform Shareholder, and the Escrow Agent and Acquiror ESS may rely upon any decision, act, consent or instruction of the Shareholders' Agent as being the decision, act, consent or instruction of each and every such Former Company EquityholderPlatform Shareholder. The Escrow Agent and Acquiror ESS are hereby relieved from any liability to any person for any acts done by them in accordance with such decision, act, consent or instruction of the Shareholders' Agent.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Ess Technology Inc)
Actions of the Shareholders' Agent. A decision, act, consent or instruction of the Shareholders' Agent shall constitute a decision of all Former Company Equityholders Target Shareholders for whom the Escrow Shares shares of Acquiror Common Stock otherwise issuable to them are deposited in the Escrow Fund and shall be final, binding and conclusive upon each such Former Company EquityholderTarget Shareholder, and the Escrow Agent and Acquiror may rely upon any decision, act, consent or instruction of the Shareholders' Agent as being the decision, act, consent or instruction of each and every such Former Company EquityholderTarget Shareholder. The Escrow Agent and Acquiror are hereby relieved from any liability to any person for any acts done by them in accordance with such decision, act, consent or instruction of the Shareholders' Agent.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Vignette Corp)
Actions of the Shareholders' Agent. A decision, act, ---------------------------------- consent or instruction of the Shareholders' Agent shall constitute a decision of all of the Former Company Equityholders Target Shareholders for whom the Escrow Shares shares of Acquiror Common Stock otherwise issuable to them are deposited in the Escrow Fund and shall be final, binding and conclusive upon each such Former Company EquityholderTarget Shareholder, and the Escrow Agent and Acquiror may rely upon any decision, act, consent or instruction of the Shareholders' Agent as being the decision, act, consent or instruction of each and every such Former Company EquityholderTarget Shareholder. The Escrow Agent and Acquiror are hereby relieved from any liability to any person for any acts done by them in accordance with such decision, act, consent or instruction of the Shareholders' Agent.
Appears in 1 contract
