Common use of Enforceable by the Conflicts Committee Clause in Contracts

Enforceable by the Conflicts Committee. All of the Company’s and Newco LLC’s rights under this Agreement and the other Transaction Documents may be enforced by the Conflicts Committee; provided that nothing in this Agreement shall require the Conflicts Committee to act on behalf of, or enforce any rights of, the Company or Newco LLC. Any recovery in connection with an Action brought by the Conflicts Committee hereunder or thereunder shall be for the proportionate benefit of all Other Stockholders.

Appears in 4 contracts

Samples: Stockholders Agreement (BAKER HUGHES a GE Co LLC), Shareholder Agreement (Baker Hughes a GE Co), Transaction Agreement and Plan of Merger (General Electric Co)

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