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

No Liability for Election of Recommended 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 140 contracts

Samples: Voting Agreement (Mode Mobile, Inc.), Investors’ Rights Agreement (PureTech Health PLC), Voting Agreement (PureTech Health PLC)

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No Liability for Election of Recommended 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 12 contracts

Samples: Stockholders’ Agreement, Stockholders’ Agreement (Histogenics Corp), Divestiture Agreement (Ophthotech Corp.)

No Liability for Election of Recommended Directors. No StockholderShareholder, nor any Affiliate of any StockholderShareholder, 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 Shareholder have any liability as a result of voting for any such designee in accordance with the provisions of this Agreement.

Appears in 8 contracts

Samples: Adoption Agreement, Shareholders’ Agreement (Bespoke Capital Acquisition Corp), Stock Purchase Agreement (Bespoke Capital Acquisition Corp)

No Liability for Election of Recommended Directors. No Stockholder, nor any Affiliate 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 7 contracts

Samples: Stockholders’ Agreement, Agreement and Plan of Merger, Stockholders’ Agreement (Arsanis, Inc.)

No Liability for Election of Recommended Directors. No StockholderInvestor, nor any Affiliate of any StockholderInvestor, shall have any liability as a result of designating a person an individual for election as a director Director for any act or omission by such designated person individual in his or her capacity as a director Director of the Company, nor shall any Stockholder Investor 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: Stockholders Agreement (CIFC Corp.), Asset Purchase Agreement (CIFC Corp.), Stockholders Agreement (Deerfield Capital Corp.)

No Liability for Election of Recommended 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 4 contracts

Samples: Voting Agreement, Adoption Agreement (Virtuix Holdings Inc.), Voting Agreement (Excellere Capital Group LLC)

No Liability for Election of Recommended Directors. No StockholderHolder, nor any Affiliate of any StockholderHolder, 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 Holder 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 (Tilray, Inc.), Stock Purchase Agreement (Consolidated Water Co. Ltd.), Stock Purchase Agreement (Consolidated Water Co LTD)

No Liability for Election of Recommended Directors. No StockholderShareholder, nor any Affiliate or Associate of any StockholderShareholder, 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 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: Adoption Agreement (Naqi Logix Inc.), Voting Agreement (Naqi Logix Inc.), Voting Agreement (Naqi Logix Inc.)

No Liability for Election of Recommended Directors. No Stockholder, nor any Affiliate of any Stockholder, 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 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: Stockholders’ Agreement, Stockholders’ Agreement (G1 Therapeutics, Inc.), Stockholders Agreement (G1 Therapeutics, Inc.)

No Liability for Election of Recommended Directors. No StockholderShareholder, nor any Affiliate of any Stockholdersuch 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 Stockholder 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: Voting Agreement (Maodong Xu), Voting Agreement (Wang Huimin), Voting Agreement (Zhu Xiaoxia)

No Liability for Election of Recommended 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 Director for any act or omission by such designated person in his or her capacity as a director 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 3 contracts

Samples: Adoption Agreement (Energy Exploration Technologies, Inc.), Stock Purchase Agreement (Energy Exploration Technologies, Inc.), Stockholders Agreement (Pernix Therapeutics Holdings, Inc.)

No Liability for Election of Recommended Directors. No StockholderInvestor, nor any Affiliate of any StockholderInvestor, 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 Investor or Key Holder 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: Common Stock Purchase Agreement (Celsius Holdings, Inc.), Investors’ Rights Agreement (Celsius Holdings, Inc.)

No Liability for Election of Recommended Directors. No Stockholder, nor any Affiliate of any Stockholder, shall have any liability as a result of designating a person for nomination 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: Stockholders’ Agreement (F45 Training Holdings Inc.), Stockholders’ Agreement (F45 Training Holdings Inc.)

No Liability for Election of Recommended 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: Stockholders Agreement (Atea Pharmaceuticals, Inc.), Adoption Agreement (Atea Pharmaceuticals, Inc.)

No Liability for Election of Recommended Directors. No StockholderShareholder, nor any Affiliate of any StockholderShareholder, 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 Shareholder have any liability as a result of voting for any such designee director in accordance with the provisions of this Agreement.

Appears in 2 contracts

Samples: Voting Agreement, Voting Agreement (Avalara Inc)

No Liability for Election of Recommended Directors. No Stockholder, nor any Affiliate of any Stockholder, shall have any liability as a result of designating a person an individual for election as a director to the Board or similar governing body of any Subsidiary of the Company for any act or omission by such designated person individual in his or her capacity as a director member of the CompanyBoard or similar governing body of any Subsidiary, nor shall any Stockholder or Affiliate of any Stockholder have any liability as a result of voting for any such designee in accordance with the provisions of this Stockholders’ Agreement.

Appears in 2 contracts

Samples: Stockholders’ Agreement (Gsi Commerce Inc), Stockholders’ Agreement (Gsi Commerce Inc)

No Liability for Election of Recommended Directors. No Stockholder, nor any Affiliate of any Stockholder, shall have any liability as a result of designating a person an individual for election as a director for any act or omission by such designated person individual 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: Voting Agreement (Ovid Therapeutics Inc.), Voting Agreement (Ovid Therapeutics Inc.)

No Liability for Election of Recommended Directors. No StockholderInvestor, nor any Affiliate of any StockholderInvestor, 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 Stockholder Investor 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: Investors Agreement (Sunnova Energy International Inc.), Investors Agreement (Sunnova Energy International Inc.)

No Liability for Election of Recommended Directors. No Stockholder, nor any Affiliate of any Stockholder, shall have any liability (a) as a result of designating a person voting in accordance with the provisions of this Agreement for the election as a director of the Company or any subsidiary of any designee in accordance with the provisions of this Agreement or (b) for any act or omission by such designated person in his or her capacity as a director of the Company, nor shall Company or any Stockholder have any liability as a result of voting for any such designee in accordance with the provisions of this Agreementsubsidiary.

Appears in 2 contracts

Samples: Rights and Stockholders Agreement (SelectQuote, Inc.), Rights and Stockholders Agreement (SelectQuote, Inc.)

No Liability for Election of Recommended Directors. No Stockholder, nor any Investor or Affiliate of any Stockholder, Investor shall have any liability as a result of designating a person for election as a director Nominee in accordance with Section 3.2 for any act or omission by such designated person Nominee in his or her capacity as a director of the Company, nor shall any Stockholder Shareholder have any liability as a result of voting for any such designee taking Necessary Action in accordance with the provisions of this Agreement.

Appears in 2 contracts

Samples: Shareholders’ Agreement (Green Plains Renewable Energy, Inc.), Agreement and Plan of Merger (Green Plains Renewable Energy, Inc.)

No Liability for Election of Recommended Directors. No Stockholder, nor any Affiliate of any such Stockholder, shall have any liability solely as a result of designating a person an individual for election as a director in accordance with the provisions of this Agreement for any act or omission by such designated person individual in his or her capacity as a director of the Company, nor shall any Stockholder or any Affiliate of such Stockholder have any liability solely as a result of voting for any such designee in accordance with the provisions of this Agreement.

Appears in 2 contracts

Samples: Voting Agreement (M&m Media, Inc.), Adoption Agreement (M&m Media, Inc.)

No Liability for Election of Recommended 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 CompanyCompany (except where such designation was grossly negligent or done with intent to harm the interests of the Company or any of its subsidiaries), nor shall any Stockholder have any liability as a result of voting being obligated to vote for any such designee in accordance with the provisions of this Agreement.

Appears in 2 contracts

Samples: Voting Agreement (SEAVI Advent Equity v (A)), Voting Agreement (Sinocom Pharmaceutical, Inc.)

No Liability for Election of Recommended Directors. No StockholderShareholder, nor any Affiliate affiliate of any StockholderShareholder, 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 Shareholder have any liability as a result of voting for any such designee in accordance with the provisions of this Agreement.

Appears in 1 contract

Samples: Adoption Agreement (Acorn Energy, Inc.)

No Liability for Election of Recommended Directors. No StockholderShareholder, nor any Affiliate of any StockholderShareholder, 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 Shareholder have any liability as a result of voting for any such designee in accordance with the provisions of this Agreement.Agreement.‌

Appears in 1 contract

Samples: Voting Agreement

No Liability for Election of Recommended Directors. No StockholderShareholder, nor any Affiliate of any StockholderShareholder, shall have any liability as a result of designating a person an individual for election as a director for any act or omission by such designated person individual in his or her capacity as a director of the Company, nor shall any Stockholder Shareholder have any liability as a result of voting for any such designee in accordance with the provisions of this Agreement.

Appears in 1 contract

Samples: Adoption Agreement

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

Appears in 1 contract

Samples: Voting Agreement (Whiteglove House Call Health Inc)

No Liability for Election of Recommended Directors. No Stockholder, nor any Investor or Affiliate of any Stockholder, Investor shall have any liability as a result of designating a person for election as a director Nominee in accordance with Section 3.2 for any act or omission by such designated person Nominee in his or her capacity as a director of the Company, nor shall any Stockholder Shareholder have any liability as a result of voting for any such designee taking Necessary Action in accordance with the provisions of this Agreement.. 3.6

Appears in 1 contract

Samples: Shareholders' Agreement (NTR PLC)

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No Liability for Election of Recommended Directors. No StockholderShareholder, nor any Affiliate of any StockholderShareholder, shall have any liability liability, as a result of designating a person an individual (other than the Shareholder) for election as a director director, for any act or omission by such designated person individual in his or her such individual’s capacity as a director of the Company, nor shall any Stockholder Shareholder have any liability as a result of voting for any such designee in accordance with the provisions of this Agreement.

Appears in 1 contract

Samples: Voting Agreement and Proxy (Cuentas Inc.)

No Liability for Election of Recommended 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. 2.

Appears in 1 contract

Samples: www.sec.gov

No Liability for Election of Recommended Directors. No Stockholder, nor any Affiliate of any Stockholder, 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 Person in his or her capacity as a director of the Company, nor shall any Stockholder Shareholder have any liability as a result of voting for any such designee in accordance with the provisions of this Agreement.

Appears in 1 contract

Samples: Shareholders Agreement (Mega Matrix Corp.)

No Liability for Election of Recommended 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 or any Affiliate of any Stockholder have any liability as a result of voting votes cast by such Stockholder for any such designee in accordance with the provisions of this Agreement.

Appears in 1 contract

Samples: Stockholders’ Agreement (Sunlight Financial Holdings Inc.)

No Liability for Election of Recommended Directors. No StockholderSecurityholder, nor any Affiliate of any StockholderSecurityholder, 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 CompanyCorporation, nor shall any Stockholder Securityholder have any liability as a result of voting for any such designee in accordance with the provisions of this Agreement.

Appears in 1 contract

Samples: Adoption Agreement (Evolent Health, Inc.)

No Liability for Election of Recommended Directors. No Stockholder, nor any Affiliate of any Stockholder, Shareholder shall have any liability as a result of designating a person for election as a director hereunder for any act or omission by such designated person in his or her capacity as a director of the Companyeither PUB or LSB, nor shall any Stockholder Shareholder have any liability as a result of voting for any such designee in accordance with the provisions of this Agreement.

Appears in 1 contract

Samples: Adoption Agreement (People's Utah Bancorp)

No Liability for Election of Recommended Directors. No Stockholder, nor any Affiliate of any Stockholder, 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 Stockholder Shareholder have any liability as a result of voting for any such designee in accordance with the provisions of this Agreement.

Appears in 1 contract

Samples: Voting Agreement (KWESST Micro Systems Inc.)

No Liability for Election of Recommended Directors. No StockholderShareholder, nor any Affiliate of any StockholderShareholder, 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 CompanyParent, nor shall any Stockholder Shareholder have any liability as a result of voting for any such designee in accordance with the provisions of this Agreement.

Appears in 1 contract

Samples: Shareholders’ Agreement (Lakes Entertainment Inc)

No Liability for Election of Recommended Directors. No Stockholder, nor any Affiliate of any Stockholder, shall will 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 will any Stockholder have any liability as a result of voting for any such designee in accordance with the provisions of this Agreement.

Appears in 1 contract

Samples: Adoption Agreement (Generex Biotechnology Corp)

No Liability for Election of Recommended Directors. No StockholderStockhareholder, nor any Affiliate of any StockholderStockhareholder, 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 Stockhareholder have any liability as a result of voting for any such designee in accordance with the provisions of this Agreement.

Appears in 1 contract

Samples: Adoption Agreement

No Liability for Election of Recommended 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 and no Stockholder 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 1 contract

Samples: Stockholders’ Agreement (Homeland Security Capital CORP)

No Liability for Election of Recommended 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.Agreement.‌

Appears in 1 contract

Samples: Voting Agreement

No Liability for Election of Recommended Directors. No Stockholder, nor any Affiliate of any Stockholder, shall have any liability as a result of designating a person Person for election as a director Director for any act or omission by such designated person in his or her capacity as a director 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.Agreement.‌

Appears in 1 contract

Samples: Voting Agreement

No Liability for Election of Recommended 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 or 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 1 contract

Samples: Stockholders Agreement (Orogen Energy, Inc.)

No Liability for Election of Recommended Directors. No Stockholder, nor any Affiliate of any such Stockholder, shall have any liability solely as a result of designating a person for election as a director in accordance with the provisions of this Agreement 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 solely as a result of voting for any such designee in accordance with the provisions of this Agreement.

Appears in 1 contract

Samples: Investor Rights Agreement (Aziyo Biologics, Inc.)

No Liability for Election of Recommended Directors. No StockholderInvestor, nor any Affiliate of any StockholderInvestor, 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 Investor have any liability as a result of voting for any such designee in accordance with the provisions of this Agreement.

Appears in 1 contract

Samples: Voting Agreement (Tru Shrimp Companies, Inc.)

No Liability for Election of Recommended Directors. No Stockholder, nor any Affiliate of any Stockholder, shall have any liability as a result of designating a person Designee for election as a director for any act or omission by such designated person Designee 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 Designee in accordance with the provisions of this Agreement.

Appears in 1 contract

Samples: Voting Agreement (Helios & Matheson Analytics Inc.)

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