Common use of Effect of Repeal or Modification Clause in Contracts

Effect of Repeal or Modification. Any repeal or modification of any -------------------------------- of the foregoing provisions of this Article V shall not adversely affect any right or protection of a director, officer, agent or other person existing at the time of, or increase the liability of any director of the Corporation with respect to any acts or omissions of such director occurring prior to, such repeal or modification.

Appears in 10 contracts

Samples: Series C Preferred Stock Purchase Agreement (Corsair Communications Inc), Series a Preferred Stock Purchase Agreement (Corsair Communications Inc), Warrant Agreement (Corsair Communications Inc)

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Effect of Repeal or Modification. Any repeal or modification of -------------------------------- any -------------------------------- of the foregoing provisions of this Article V shall not adversely affect any right or protection of a director, officer, agent or other person existing at the time of, or increase the liability of any director of the Corporation with respect to any acts or omissions of such director occurring prior to, such repeal or modification.

Appears in 1 contract

Samples: Warrant Agreement (Corsair Communications Inc)

Effect of Repeal or Modification. Any repeal or modification of any -------------------------------- of the foregoing provisions of this Article V shall be prospective and shall not adversely affect any right or protection of a director, officer, agent or other person existing at the time of, or increase the liability of any director of the Corporation corporation with respect to any acts or omissions of such director occurring prior to, such repeal or modification.

Appears in 1 contract

Samples: Merger Agreement (Dura Pharmaceuticals Inc/Ca)

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Effect of Repeal or Modification. Any repeal or modification of any -------------------------------- of the foregoing provisions of this Article V shall not adversely affect any right or protection of a director, officer, agent or other person existing at the time of, or increase the liability of any director of the Corporation with respect to any acts or omissions of such director occurring prior to, such repeal or modification.

Appears in 1 contract

Samples: Series C Preferred Stock Purchase Agreement (Vista Medical Technologies Inc)

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