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

No Liability for Election of Designated Directors. No Stockholder, nor any Affiliate of any Stockholder, 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 Stockholder 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: Stockholder Agreement, Stockholders Agreement

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No Liability for Election of Designated Directors. No Stockholderparty, nor any Affiliate of any Stockholdersuch party, 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 Stockholder party 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: Exchange Agreement (Resonant Inc), Stockholders Agreement (Resonant Inc)

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No Liability for Election of Designated Directors. No Stockholder, nor any Affiliate of any Stockholder, Stockholder 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 Stockholder 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 (Stonegate Mortgage Corp), Shareholder Agreement (Stonegate Mortgage Corp)

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