Common use of No Liability for Board Designees Clause in Contracts

No Liability for Board Designees. No Shareholder, nor any Affiliate of any Shareholder, shall have any liability as a result of designating a Person for election as a director for any act or omission by such designated Person in his or her capacity as a director of the Company, nor shall any Shareholder have any liability as a result of voting for any such designee in accordance with the provisions of this Agreement.

Appears in 4 contracts

Samples: Shareholders Agreement (Jinxin Technology Holding Co), Shareholders Agreement (Jinxin Technology Holding Co), Shareholders Agreement (Jinxin Technology Holding Co)

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No Liability for Board Designees. No Shareholder, nor any Affiliate of any Shareholder, shall have any liability as a result of designating a Person person for election as a director for any act or omission by such designated Person person in his or her capacity as a director of the Company, nor shall any Shareholder have any liability as a result of voting for any such designee in accordance with the provisions of this Agreement.

Appears in 2 contracts

Samples: Shareholder Agreement, Shareholders Agreement (InnoLight Technology Corp)

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No Liability for Board Designees. No ShareholderStockholder, nor any Affiliate of any ShareholderStockholder, shall have any liability as a result of nominating or designating a Person for election as a director Director for any act or omission by such designated Person Director in his or her capacity as a director of the Company, nor shall any Shareholder have any liability as a result of voting for any such designee in accordance with the provisions of this AgreementDirector.

Appears in 1 contract

Samples: Stockholders' Agreement

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