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

No Liability for Election of Recommended Directors. Neither the Investor nor any officer, director, stockholder, partner, employee or agent of the Investor, makes any representation or warranty as to the fitness or competence of any Designee of the Investor to serve on the Company’s Board, whether designated under this Agreement or designated at any time in the future under the terms of this Agreement.

Appears in 3 contracts

Samples: Subscription Agreement, Adoption Agreement (Akers Biosciences Inc), Subscription Agreement (Akers Biosciences Inc)

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No Liability for Election of Recommended Directors. Neither the Investor Investors, nor any officer, director, stockholder, partner, employee or agent of the such Investor, makes any representation or warranty as to the fitness or competence of the nominee of any Designee of the Investor hereunder to serve on the Company’s Board, whether designated under Board of Directors by virtue of such Investor’s execution of this Agreement or designated at any time by the act of such Investor in the future under the terms of voting for such nominee pursuant to this Agreement.

Appears in 3 contracts

Samples: Voting Agreement (Venrock Associates), Voting Agreement (Ribozyme Pharmaceuticals Inc), Voting Agreement (Ribozyme Pharmaceuticals Inc)

No Liability for Election of Recommended Directors. Neither the Investor Investor, nor any officer, director, stockholder, partner, employee or agent Affiliate of the Investor, makes shall have any representation liability as a result of designating a person for election as a director for any act or warranty omission by such designated person in his or her capacity as to the fitness or competence of any Designee a director of the Company, nor shall the Investor to serve on have any liability as a result of voting for any such designee in accordance with the Company’s Board, whether designated under this Agreement or designated at any time in the future under the terms provisions of this Agreement.

Appears in 2 contracts

Samples: Adoption Agreement (Twinlab Consolidated Holdings, Inc.), Adoption Agreement (Twinlab Consolidated Holdings, Inc.)

No Liability for Election of Recommended Directors. Neither the Investor Company, the Shareholders, nor any officer, director, stockholder, partner, employee or agent of the InvestorCompany or Shareholders, makes any representation or warranty as to the fitness or competence of the nominee of any Designee of the Investor Shareholder hereunder to serve on the Company’s Board, whether designated under Board by virtue of such Shareholder’s execution of this Agreement or designated at any time by the act of such Shareholder in the future under the terms of voting for such nominee pursuant to this Agreement.

Appears in 1 contract

Samples: Voting Agreement (Homeowners Choice, Inc.)

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No Liability for Election of Recommended Directors. Neither the holders of Investor Shares, nor the holders of the Founder Shares, nor any officer, director, stockholderstockholder or shareholder, partner, employee or agent of the Investorsuch party, makes any representation or warranty as to the fitness or competence of the nominee of any Designee of the Investor party hereunder to serve on the CompanyBoard by virtue of such party’s Board, whether designated under execution of this Agreement or designated at any time by the act of such party in the future under the terms of voting for such nominee pursuant to this Agreement.

Appears in 1 contract

Samples: Voting Agreement (Yayi International Inc)

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