Common use of Compensation; Exculpation Clause in Contracts

Compensation; Exculpation. (a) Upon the written approval of a majority in interest of the Stockholders prior to the Effective Time, the Stockholders’ Representative may be paid a fee, commission or other compensation for the performance of services hereunder on such terms and conditions as may be agreed by the Stockholders’ Representative and such Stockholders.

Appears in 3 contracts

Samples: Agreement and Plan of Merger, Agreement and Plan of Merger (CNL Strategic Capital, LLC), Agreement and Plan of Merger (CNL Strategic Capital, LLC)

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Compensation; Exculpation. (a) Upon the written approval of holders of a majority in interest of the Stockholders prior to shares of Company Stock as of the Effective TimeClosing, the Stockholders’ Representative may be paid a fee, commission or other compensation for the performance of services hereunder on such terms and conditions as may be agreed by the Stockholders’ Representative and such Stockholders.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Southwest Gas Holdings, Inc.)

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Compensation; Exculpation. (a) Upon the written approval of the Stockholders having a majority in interest of the Stockholders prior to Percentage Interests of all of the Effective TimeStockholders, the Stockholders’ Stockholder Representative may be paid a fee, commission or other compensation for the performance of services hereunder on such terms and conditions as may be agreed by the Stockholders’ Stockholder Representative and such Stockholders.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Ducommun Inc /De/)

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