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

No Liability for Election of Recommended Directors. No party, nor any Affiliate of any such 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 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.)

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No Liability for Election of Recommended Directors. No party, nor any Affiliate of any such party, 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 party 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 (AMERICAN POWER GROUP Corp), Adoption Agreement (Blueprint Medicines Corp), Adoption Agreement

No Liability for Election of Recommended Directors. No partyperson, nor any Affiliate of any such partyperson, 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 party person 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: Investor Rights Agreement (PointClickCare Corp.), Shareholders Agreement (PointClickCare Corp.), Shareholders Agreement (PointClickCare Corp.)

No Liability for Election of Recommended Directors. No partyMember, nor any Affiliate of any such partyMember, 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 party Member 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: Adoption Agreement (Ichor Holdings, Ltd.), Adoption Agreement (Ichor Holdings, Ltd.)

No Liability for Election of Recommended Directors. No partyparty hereto, nor any Affiliate of any such partyparty hereto, 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 party hereto 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’ Rights Agreement, Investors’ Rights Agreement (Sunrun Inc.)

No Liability for Election of Recommended Directors. No partyParty, nor any Affiliate of any such partyParty, 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 party 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: Shareholders’ Agreement (Teletech Holdings Inc), Adoption Agreement (Wind Power Holdings Inc)

No Liability for Election of Recommended Directors. No partyParty, nor any Affiliate of any such partyParty, 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 party Party have any liability as a result of voting for or executing any written action consenting to any such designee in accordance with the provisions of this Agreement.

Appears in 2 contracts

Samples: Settlement Agreement (ModusLink Global Solutions Inc), Settlement Agreement (Handy & Harman Ltd.)

No Liability for Election of Recommended Directors. No party, nor any Affiliate of any such party, makes any representation or warranty as to the fitness or competence of the designee of any party hereunder to serve on the Board and shall have any liability as a result of designating nominating a person for election as a director for any act or omission by such designated person nominee in his or her capacity as a director of the Company, nor shall any party have any liability as a result of voting for any such designee nominee in accordance with the provisions of this Agreement.

Appears in 2 contracts

Samples: Preferred Stock Purchase Agreement (Benefitfocus, Inc.), Co Sale and Voting Agreement (Benefitfocus, Inc.)

No Liability for Election of Recommended Directors. No party, nor any Affiliate affiliate of any such 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 CompanyNew Brooke Credit, nor shall any party 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 (Brooke Credit CORP)

No Liability for Election of Recommended Directors. No partyParty, nor any Affiliate officer, director, stockholder, partner, employee or agent of any such partyParty, 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 CompanyPurchaser, nor shall any party Party 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 (China Ceramics Co., LTD)

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

Appears in 1 contract

Samples: Voting Agreement (Benefitfocus,Inc.)

No Liability for Election of Recommended Directors. No party, party nor any Affiliate affiliate of any such party, party shall have any liability as a result of designating or nominating a person individual for appointment or 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 party or any affiliate of such party have any liability as a result of voting for any such designee nominee in accordance with the provisions of this Agreement.

Appears in 1 contract

Samples: Voting Agreement (Mondee Holdings, Inc.)

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No Liability for Election of Recommended Directors. No party, nor any Affiliate of any such party, shall have any liability as a result of designating a person for election as a director Director or for any act or omission by such designated person in his or her capacity as a director Director of the Company, nor shall any party 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 (EZTD Inc)

No Liability for Election of Recommended Directors. No partyMember, nor any Affiliate of any such partyMember, 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 Director of the Company, nor shall any party Member 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 (LinkDoc Technology LTD)

No Liability for Election of Recommended Directors. No partyParty, nor any Affiliate of any such partyParty, 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 CompanyAgeX, nor shall any party Party 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: Shareholder Agreement (Biotime Inc)

No Liability for Election of Recommended Directors. No partyparty to this Agreement, nor any Affiliate of any such party, 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 party 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: Rights Agreement (Teladoc, Inc.)

No Liability for Election of Recommended Directors. No partyParty, nor any Affiliate of any such partyParty, 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 party Party 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 (China Recycling Energy Corp)

No Liability for Election of Recommended Directors. No partyMember, nor any Affiliate of any such partyMember, 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 party 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: License Agreement (Viamet Pharmaceuticals Holdings LLC)

No Liability for Election of Recommended Directors. No partyParty, nor any Affiliate officer, director, stockholder, partner, employee or agent of any such partyParty, 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 party Party 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 (Coskata, Inc.)

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