Common use of Capacity as Stockholder Clause in Contracts

Capacity as Stockholder. Each Stockholder signs this Agreement solely in such Stockholder’s capacity as a stockholder of the Company, and not in such Stockholder’s capacity as a director, officer or employee of the Company. Notwithstanding anything herein to the contrary, nothing herein shall in any way restrict a director or officer of the Company (including any director or officer who is an Affiliate of a Stockholder) in the taking of any actions (or failure to act) in his or her capacity as a director or officer of the Company, or in the exercise of his or her fiduciary duties as a director or officer of the Company, or prevent or be construed to create any obligation on the part of any director or officer of the Company from taking any action in his or her capacity as such director or officer, and no action taken in any such capacity as an officer or director of the Company shall be deemed to constitute a breach of this Agreement.

Appears in 4 contracts

Samples: Support Agreement (La Jolla Pharmaceutical Co), Support Agreement (Tang Capital Partners Lp), Support Agreement (La Jolla Pharmaceutical Co)

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Capacity as Stockholder. Each The Stockholder signs this Agreement solely in such the Stockholder’s capacity as a stockholder an Owner of the CompanySubject Shares, and not not, if applicable, in such the Stockholder’s capacity as a director, officer officer, or employee of the Company, as applicable. Notwithstanding anything herein to the contrarycontrary in this Agreement, nothing herein shall will in any way prevent, limit or otherwise restrict a director or officer of the Company (including any director or officer who is an Affiliate of a Stockholder) in the taking of any actions (or failure to act) in his or her capacity as a director or officer of the Company, or in the exercise of his or her fiduciary duties as a director or officer of the Company, or prevent or be construed to create any obligation on the part of any director or officer of the Company from taking any action in his or her capacity as such director or officer, and no action taken in any such capacity as an officer or director of the Company shall be deemed to constitute a breach of this Agreement.

Appears in 3 contracts

Samples: Support Agreement (Benefitfocus, Inc.), Support Agreement (Benefitfocus, Inc.), Support Agreement (Voya Financial, Inc.)

Capacity as Stockholder. Each Stockholder signs this Agreement solely in such Stockholder’s capacity as a stockholder and warrantholder of the Company, and not in such Stockholder’s capacity as a director, officer or employee of the Company. Notwithstanding anything herein to the contrary, nothing herein shall in any way restrict a director or officer of the Company (including any director or officer who is an Affiliate of a Stockholder) in the taking of any actions (or failure to act) in his or her capacity as a director or officer of the Company, or in the exercise of his or her fiduciary duties as a director or officer of the Company, or prevent or be construed to create any obligation on the part of any director or officer of the Company from taking any action in his or her capacity as such director or officer, and no action taken in any such capacity as an officer or director of the Company shall be deemed to constitute a breach of this Agreement.

Appears in 3 contracts

Samples: Support Agreement (Tetraphase Pharmaceuticals Inc), Support Agreement (Tetraphase Pharmaceuticals Inc), Voting Agreement (Tetraphase Pharmaceuticals Inc)

Capacity as Stockholder. Each The Stockholder signs this Agreement solely in such the Stockholder’s capacity as a stockholder and warrantholder of the Company, and not in such the Stockholder’s capacity as a director, officer or employee of the Company. Notwithstanding anything herein to the contrary, nothing herein shall in any way restrict a director or officer of the Company (including any director or officer who is an Affiliate of a Stockholder) in the taking of any actions (or failure to act) in his or her capacity as a director or officer of the Company, or in the exercise of his or her fiduciary duties as a director or officer of the Company, or prevent or be construed to create any obligation on the part of any director or officer of the Company from taking any action in his or her capacity as such director or officer, and no action taken in any such capacity as an officer or director of the Company shall be deemed to constitute a breach of this Agreement.

Appears in 2 contracts

Samples: Exchange Agreement (Acelrx Pharmaceuticals Inc), Exchange Agreement (Tetraphase Pharmaceuticals Inc)

Capacity as Stockholder. Each The Stockholder signs this Agreement solely in such the Stockholder’s capacity as a stockholder and warrantholder of the Company, and not in such the Stockholder’s capacity as a director, officer or employee of the Company. Notwithstanding anything herein to the contrary, nothing herein shall in any way restrict a director or officer of the Company (including any director or officer who is an Affiliate of a the Stockholder) in the taking of any actions (or failure to act) in his or her capacity as a director or officer of the Company, or in the exercise of his or her fiduciary duties as a director or officer of the Company, or prevent or be construed to create any obligation on the part of any director or officer of the Company from taking any action in his or her capacity as such director or officer, and no action taken in any such capacity as an officer or director of the Company shall be deemed to constitute a breach of this Agreement.

Appears in 2 contracts

Samples: Exchange Agreement (La Jolla Pharmaceutical Co), Exchange Agreement (Tetraphase Pharmaceuticals Inc)

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Capacity as Stockholder. Each Stockholder signs this Agreement solely in such Stockholder’s capacity as a stockholder of the Company, and not not, if applicable, in such Stockholder’s capacity as a director, officer or employee of the CompanyCompany or any of its Subsidiaries. Notwithstanding anything herein to the contrary, nothing herein in this Agreement shall in any way restrict a director or officer of the Company (including any director or officer who is an Affiliate of a Stockholder) in the taking of any actions (or failure to act) in his or her capacity as a director or officer of the Company, or in the exercise of his or her fiduciary duties in his or her capacity as a director or officer of the Company, or prevent or be construed to create any obligation on the part of any director or officer of the Company from taking any action in his or her capacity as such director or officer, in each case to the extent such actions (or failures to act), are in accordance with the terms and no action taken in any such capacity as an officer or director conditions of the Company shall be deemed to constitute a breach of this AgreementMerger Agreement and any agreements entered into in connection therewith.

Appears in 2 contracts

Samples: Tender and Support Agreement (Reis, Inc.), Tender and Support Agreement (Reis, Inc.)

Capacity as Stockholder. Each Stockholder signs this Agreement solely in such Stockholder’s capacity as a stockholder Stockholder of the Company, and not in such Stockholder’s capacity as a director, officer or employee of the CompanyCompany or any Company Subsidiary. Notwithstanding anything herein to the contrary, nothing herein shall in any way restrict a director or officer of the Company (including any director or officer who is an Affiliate of a Stockholder) in the taking of any actions (or failure to act) in his or her capacity as a director or officer of the Company, or in the exercise exercise, in such Stockholder’s sole discretion, of his or her fiduciary duties as a director or officer of the Company, or prevent or be construed to create any obligation on the part of any director or officer of the Company from taking any action in his or her capacity as such director or director, officer, and no action taken in any such capacity as an officer trustee or director of the Company shall be deemed to constitute a breach of this Agreementfiduciary.

Appears in 2 contracts

Samples: Merger Agreement (GigPeak, Inc.), Tender and Support Agreement (Integrated Device Technology Inc)

Capacity as Stockholder. Each The Stockholder signs this Agreement solely in such the Stockholder’s capacity as a stockholder an Owner of the CompanySubject Shares, and not not, if applicable, in such the Stockholder’s capacity as a director, officer officer, or employee of the Company, as applicable. Notwithstanding anything herein to the contrarycontrary in this Agreement, nothing herein shall will in any way prevent, limit or otherwise restrict a director or officer of the Company (including any director or officer who is an Affiliate of a Stockholder) in the taking of any actions (or failure to act) in his or her capacity as a director or officer of the Company, or in the exercise of his or her fiduciary duties as a director or officer of the Company, or prevent or be construed to create any obligation on the part of any director or officer of the Company from taking any action in his or her capacity as such director or officer, and no action taken in any such capacity as an officer or director of the Company shall be deemed to constitute a breach of this Agreement.. 4861-5946-8346 v.2

Appears in 1 contract

Samples: Support Agreement (Voya Financial, Inc.)

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