Charter or Bylaw Provisions. Each Shareholder agrees to vote its Shares or execute proxies or written consents, as the case may be, and to take all other actions necessary, to ensure that the Charter and Bylaws (i) facilitate, and do not at any time conflict with, any provision of this Agreement and (ii) permit each Shareholder to receive the benefits to which each such Shareholder is entitled under this Agreement. The Charter and Bylaws shall provide for (x) the elimination of the liability of each director on the Board to the maximum extent permitted by applicable law and (y) indemnification of each director on the Board for acts on behalf of the Company to the maximum extent permitted by applicable law 17
Appears in 1 contract
Charter or Bylaw Provisions. Each Shareholder agrees to vote its Shares or execute proxies or written consents, as the case may be, and to take all other actions necessary, to ensure that the Charter and Bylaws (i) facilitate, and do not at any time conflict with, any provision of this Agreement and (ii) permit each Shareholder to receive the benefits to which each such Shareholder is entitled under this Agreement. The Charter and Bylaws shall provide for (x) the elimination of the liability of each director on the Board to the maximum extent permitted by applicable law and (y) indemnification of each director on the Board for acts on behalf of the Company to the maximum extent permitted by applicable law 17law.
Appears in 1 contract
Charter or Bylaw Provisions. Each Shareholder Stockholder agrees to vote all of its Shares Common Stock or execute proxies or written consents, as the case may be, and to take all other actions necessary, to ensure that the Charter and the Bylaws (i) facilitate, and do not at any time conflict with, any provision of this Agreement and (ii) permit each Shareholder Stockholder to receive the benefits to which each such Shareholder Stockholder is entitled under this Agreement. The Charter and or the Bylaws shall provide for (xA) the elimination of the liability of each director on the Board Director to the maximum extent permitted by applicable law Law and (yB) indemnification of, and advancement of expenses for, each director on the Board Director for acts on behalf of the Company Corporation to the maximum extent permitted by applicable law 17Law.
Appears in 1 contract
Samples: Stockholders Agreement (Superior Energy Services Inc)
Charter or Bylaw Provisions. Each Shareholder Stockholder agrees to vote all of its Shares Common Stock or execute proxies or written consents, as the case may be, and to take all other actions necessary, to ensure that the Charter and Bylaws (ia) facilitate, and do not at any time conflict with, any provision of this Agreement and (iib) permit each Shareholder Stockholder to receive the benefits to which each such Shareholder Stockholder is entitled under this Agreement. The Charter and Bylaws shall provide for (xi) the elimination of the liability of each director on the Board Director to the maximum extent permitted by applicable law Law and (yii) indemnification of, and advancement of expenses for, each director on the Board Director for acts on behalf of the Company Corporation to the maximum extent permitted by applicable law 17Law.
Appears in 1 contract
Charter or Bylaw Provisions. Each Shareholder agrees to vote its Shares or execute proxies or written consents, as the case may be, and to take all other actions necessary, to ensure that the Company’s Charter and Bylaws (ia) facilitate, and do not at any time conflict with, any provision of this Agreement and (iib) permit each Shareholder to receive the benefits to which each such Shareholder is entitled under this Agreement. The Charter and Bylaws shall provide for (xa) the elimination of the liability of each director on the Board to the maximum extent permitted by applicable law and (yb) indemnification of each director on the Board for acts on behalf of the Company to the maximum extent permitted by applicable law 17law.
Appears in 1 contract
Charter or Bylaw Provisions. Each Shareholder agrees to vote its Shares or execute proxies or written consents, as the case may be, and to take all other actions necessary, to ensure that the Company's Charter and Bylaws (ia) facilitate, and do not at any time conflict with, any provision of this Agreement and (iib) permit each Shareholder to receive the benefits to which each such Shareholder is entitled under this Agreement. The Charter and Bylaws shall provide for (xa) the elimination of the liability of each director on the Board to the maximum extent permitted by applicable law and (yb) indemnification of each director on the Board for acts on behalf of the Company to the maximum extent permitted by applicable law 17law.
Appears in 1 contract
Samples: Restricted Securities Purchase Agreement (Ultra Clean Holdings Inc)