Common use of FIDUCIARY DUTY AS DIRECTOR OF PACKARD Clause in Contracts

FIDUCIARY DUTY AS DIRECTOR OF PACKARD. The parties hereto acknowledge and agree that the Stockholder's obligations under this Section 1 are solely in his or its capacity as a stockholder of Packard, and that none of the provisions in this Section 1 shall be deemed to restrict or limit any fiduciary duty that the Stockholder may have as a member of the Board of Directors of Packard; PROVIDED that no such duty shall excuse the Stockholder from his, her or its obligations as a stockholder of Packard to vote or to direct the vote of the Shares as herein provided and to otherwise comply with the terms and conditions of this Agreement.

Appears in 7 contracts

Samples: Voting Agreement (Packard Bioscience Co), Voting Agreement (Packard Bioscience Co), Voting Agreement (Packard Bioscience Co)

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FIDUCIARY DUTY AS DIRECTOR OF PACKARD. The parties hereto acknowledge and agree that the Stockholder's obligations under this Section 1 are solely in his or its capacity as a stockholder of Packard, and that none of the provisions in this Section 1 shall be deemed to restrict or limit any fiduciary duty that the Stockholder or any of its Affiliates may have as a member of the Board of Directors of Packard; PROVIDED that no such duty shall excuse the Stockholder from his, her or its obligations as a stockholder of Packard to vote or to direct the vote of the Shares or any New Shares as herein provided and to otherwise comply with the terms and conditions of this Agreement.

Appears in 1 contract

Samples: Stockholder Agreement (Packard Bioscience Co)

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