Common use of Execution, Delivery; Valid and Binding Agreements Clause in Contracts

Execution, Delivery; Valid and Binding Agreements. This Agreement has been duly executed and delivered by Management Stockholder, and constitutes, and the other agreements contemplated hereby to which Management Stockholder is a party, when executed and delivered by Management Stockholder in accordance with the terms thereof shall each constitute, a valid and binding obligation of Management Stockholder, enforceable in accordance with its terms, subject to the effect of bankruptcy, or other similar laws and to general principles of equity (whether considered in proceedings at law or in equity).