Common use of Actions of the Stockholder Agent Clause in Contracts

Actions of the Stockholder Agent. A decision, act, consent or instruction of the Stockholder Agent shall constitute a decision of all the Company Stockholders and shall be final, binding and conclusive upon each of such Company Stockholders, and the Escrow Agent and Parent may rely upon any such decision, act, consent or instruction of the Stockholder Agent as being the decision, act, consent or instruction of each Company Stockholder. The Escrow Agent and 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 Stockholder Agent.

Appears in 2 contracts

Samples: Agreement and Plan of Reorganization (Infospace Com Inc), Agreement and Plan of Reorganization (Infospace Com Inc)

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Actions of the Stockholder Agent. A decision, act, consent or instruction of the Stockholder Agent shall constitute a decision for all of all the Company Stockholders Stockholders, and shall be final, binding and conclusive upon each of such Company the Stockholders, and the Escrow Agent Parent and Parent Sub may rely exclusively upon any such decision, act, consent or instruction of the Stockholder Agent as being the decision, act, consent or instruction of each Company Stockholder. The Escrow Agent Parent and Parent Sub are hereby relieved from any liability to any Person person for any acts done by them in accordance with such decision, act, consent or instruction of the Stockholder Agent.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Next Level Communications Inc)

Actions of the Stockholder Agent. A decision, act, consent or instruction of the Stockholder Agent shall constitute a decision of all the Company Major Stockholders and shall be final, binding and conclusive upon each of such Company Major Stockholders, and the Escrow Agent and Parent may rely upon any such decision, act, consent or instruction of the Stockholder Agent as being the decision, act, consent or instruction of each Company Major Stockholder. The Escrow Agent and 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 Stockholder Agent.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Infospace Com Inc)

Actions of the Stockholder Agent. A decision, act, consent or instruction of the Stockholder Agent shall constitute a decision of all the Company Stockholders and shall be final, binding and conclusive upon each of such Company Stockholders, and the Escrow Agent, the Exchange Agent and Parent may rely upon any such decision, act, consent or instruction of the Stockholder Agent as being the decision, act, consent or instruction of each and every Company Stockholder. The Escrow Agent, the Exchange Agent and Parent are hereby relieved from any liability to any Person person for any acts done by them in accordance with such decision, act, consent or instruction of the Stockholder Agent.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Interwave Communications International LTD)

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Actions of the Stockholder Agent. A Any decision, act, consent or instruction of the Stockholder Agent shall constitute a decision of all Stockholders on whose behalf cash was deposited in the Company Stockholders Escrow Fund and shall be final, binding and conclusive upon each of such Company Stockholders, and the . The Escrow Agent and Parent may rely upon any such decision, act, consent or instruction of the Stockholder Agent as being the decision, act, consent or instruction of each Company and every such Stockholder. The Escrow Agent Agent, the Company and Parent hereby are hereby relieved from any liability to any Person person for any acts done by them in accordance with such decision, act, consent or instruction of the Stockholder Agent.

Appears in 1 contract

Samples: Agreement and Plan of Merger and Reorganization (Valueclick Inc/Ca)

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