Common use of Conduct as a Director Clause in Contracts

Conduct as a Director. Notwithstanding anything in this Agreement to the contrary, the covenants and agreements set forth herein shall not prevent any of the Stockholders' designees serving on the Company's Board of Directors from taking any action, subject to the applicable provisions of the Merger Agreement, while acting in such designee's capacity as a director of the Company; provided, that, such action shall not in any manner affect Stockholders' obligations under this Agreement or the Proxy.

Appears in 2 contracts

Samples: Securities Agreement (Bell Sports Corp), Stock Purchase Agreement (Playcore Inc)

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Conduct as a Director. Notwithstanding anything in this Agreement to the contrary, the covenants and agreements set forth herein shall not prevent any of the Stockholders' designees serving on the Company's Board of Directors from taking any action, subject to the applicable provisions of the Merger Agreement, while acting in such designee's capacity as a director of the Company; provided, provided that, such action shall not in any manner affect Stockholders' Stockholder's obligations under this Agreement or the Proxy.

Appears in 2 contracts

Samples: Stockholders Agreement (Kash N Karry Food Stores Inc), Stockholders Agreement (Food Lion Inc)

Conduct as a Director. Notwithstanding anything in this Agreement to the contrary, the covenants and agreements set forth herein shall not prevent any of the Stockholders' designees serving on the Company's Board of Directors from taking any action, subject to the applicable provisions of the Merger Agreement, while acting in such designee's capacity as a director of the Company; provided, that, provided that such action shall not in any manner affect Stockholders' Stockholder's obligations under this Agreement or the Proxy.

Appears in 1 contract

Samples: Stockholders Agreement (Carson Inc)

Conduct as a Director. Notwithstanding anything in this Agreement to the contrary, the covenants and agreements set forth herein shall not prevent any of the Stockholders' designees serving on the Company's Board of Directors from taking any action, subject to the applicable provisions of the Merger Agreement, while acting in such designee's capacity as a director of the Company; providedPROVIDED, thatTHAT, such action shall not in any manner affect Stockholders' Stockholder's obligations under this Agreement or the Proxy.

Appears in 1 contract

Samples: Stockholders Agreement (Paine Webber Capital Inc)

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Conduct as a Director. Notwithstanding anything in this Agreement to --------------------- the contrary, the covenants and agreements set forth herein shall not prevent any designee of the Stockholders' designees Stockholder serving on the Company's Board of Directors from taking any action, subject to the applicable provisions of the Merger Agreement, action while acting in such designee's capacity as a director of the Company; provided, that, such action shall not in any manner affect Stockholders' the -------- ---- Stockholder's obligations under this Agreement or the ProxyAgreement.

Appears in 1 contract

Samples: Stock Purchase Agreement (Emachines Inc /De/)

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