Actions of the Shareholders' Agent. A decision, act, consent or ---------------------------------- instruction of the Shareholders' Agent shall constitute a decision of all the former shareholders of the Company for whom a portion of the Escrow Amount otherwise issuable to them are deposited in the Escrow Fund and shall be final, binding and conclusive upon each of such shareholders, and the Depositary and the Parent may rely upon any such decision, act, consent or instruction of the Shareholders' Agent as being the decision, act, consent or instruction of every such shareholder of the Company. The Depositary and the Parent 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: Merger Agreement (Stamps Com Inc)
Actions of the Shareholders' Agent. A decision, act, consent or ---------------------------------- instruction of the Shareholders' Agent shall constitute a decision of all the former shareholders of the Company for whom a portion of the Escrow Amount otherwise issuable to them are deposited in the Escrow Fund and shall be final, binding and conclusive upon each of such shareholders, and the Depositary Agent and the Parent may rely upon any such decision, act, consent or instruction of the Shareholders' Agent as being the decision, act, consent or instruction of every such shareholder of the Company. The Depositary Agent and the Parent 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
Actions of the Shareholders' Agent. A decision, act, consent or ---------------------------------- instruction of the Shareholders' Agent shall constitute a decision of all the former shareholders of the Company Shareholders for whom a portion of the Escrow Amount Contingent Acquisition Consideration otherwise issuable to them are is deposited in the Escrow Fund and shall be final, binding and conclusive upon each of such shareholdersShareholders, and the Depositary Escrow Agent and the Parent Xxxxxx may rely upon any such decision, act, consent or instruction of the Shareholders' Agent as being the decision, act, consent or instruction of each and every such shareholder of the CompanyShareholder. The Depositary Escrow Agent and the Parent Xxxxxx 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: Stock Purchase Agreement (Somera Communications Inc)
Actions of the Shareholders' Agent. A decision, act, consent or ---------------------------------- instruction of the Shareholders' Agent shall constitute a decision of all the former shareholders of the Company for whom a portion shares of the Escrow Amount Parent Capital Stock otherwise issuable to them are deposited in the Escrow Fund and shall be final, binding and conclusive upon each such shareholder of such shareholdersthe Company, and the Depositary Escrow Agent and the Parent may rely upon any such decision, act, consent or instruction of the Shareholders' Agent as being the decision, act, consent or instruction of each and every such shareholder of the Company. The Depositary Escrow Agent and the Parent 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: Merger Agreement (Tickets Com Inc)