Common use of Certain Potential Conflicts Clause in Contracts

Certain Potential Conflicts. Each Stockholder and Optionholder acknowledges that: (i) Any FRC Affiliate (as defined below) may engage in material business transactions with the Company; (ii) directors, officers, and/or employees of any FRC Affiliate may serve as directors, officers, and/or employees of the Company or its subsidiaries; (iii) one or more FRC Affiliates may now or in the future engage in the same or similar lines of business or other business activities as those in which the Company or its subsidiaries may engage; and (iv) one or more FRC Affiliates may exercise a controlling influence over certain of the business, policy and strategic decisions of the Company and its subsidiaries. (v) For purposes of this Agreement,

Appears in 3 contracts

Samples: Stockholder Agreement (Dresser-Rand Group Inc.), Stockholder Agreement (Dresser-Rand Group Inc.), Stockholder Agreement (Dresser-Rand Group Inc.)

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Certain Potential Conflicts. Each Stockholder and Optionholder of the parties hereto acknowledges that: (i) Any FRC Affiliate (as defined below) may engage in material business transactions with the Company; (ii) directors, officers, and/or employees of any FRC Affiliate may serve as directors, officers, and/or employees of the Company or its subsidiaries; (iii) one or more FRC Affiliates may now or in the future engage in the same or similar lines of business or other business activities as those in which the Company or its subsidiaries may engage; and (iv) one or more FRC Affiliates may exercise a controlling influence over certain of the business, policy and strategic decisions of the Company and its subsidiaries. (v) For purposes of this Agreement,

Appears in 2 contracts

Samples: Stockholder Agreement (Chart Industries Inc), Stockholder Agreement (Chart Industries Inc)

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