Common use of No Liability for Election of Designated Directors Clause in Contracts

No Liability for Election of Designated Directors. 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 3 contracts

Samples: Shareholder Agreement, Shareholder Agreement (Accuray Inc), Shareholder Agreement (Accuray Inc)

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No Liability for Election of Designated Directors. No Shareholder, Neither Admiralty nor any Affiliate of any Shareholderits Affiliates, successors or assigns 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 Stockholder have any liability as a result of voting for any such designee in accordance with the provisions of this Agreement.

Appears in 3 contracts

Samples: Voting Agreement (Arotech Corp), Voting Agreement, Voting Agreement

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