Common use of Appointment of Stockholder Representative Clause in Contracts

Appointment of Stockholder Representative. Each Principal Stockholder designates and appoints Robert V. Voit as the Stockholder Representative under this Agreexxxx xxx xxxxxrizes the Stockholder Representative to take such actions on behalf of such Principal Stockholder under this Agreement, including, but not limited to, accepting notices, reviewing information provided to the Stockholder Representative and executing the certificate required in section 4.1.1 on behalf of each Jasc Stockholder, together with all such powers as are reasonably incidental thereto. The Stockholder Representative may consult with legal counsel, independent public accountants and other experts selected by it and shall not be liable for any action taken, or omitted to be taken, by it in good faith in accordance with the advice of such counsel, accountants or experts. The Stockholder Representative shall not be liable for actions he takes or fails to take in the absence of his own gross negligence or willful misconduct.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Corel Corp), Agreement and Plan of Merger (Corel Corp)

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Appointment of Stockholder Representative. Each Principal Jasc Stockholder designates and appoints Robert V. Voit as the Stockholder Representative under this Agreexxxx Agreement xxx xxxxxrizes xxxxxxxxxx the Stockholder Representative to take such actions on behalf of such Principal Jasc Stockholder under this Agreement, including, but not limited to, accepting notices, reviewing information provided to the Stockholder Representative and executing the certificate required in section 4.1.1 on behalf of each Jasc Stockholder, together with all such powers as are reasonably incidental thereto. The Stockholder Representative may consult with legal counsel, independent public accountants and other experts selected by it and shall not be liable for any action taken, or omitted to be taken, by it in good faith in accordance with the advice of such counsel, accountants or experts. The Stockholder Representative shall not be liable for actions he takes or fails to take in the absence of his own gross negligence or willful misconduct.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Corel Corp), Agreement and Plan of Merger (Corel Corp)

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