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

No Liability for Election of Recommended Directors. Neither RMCF, any of RMCF’s Affiliates, H. Xxxxxxxxxx, Cxxxx nor T. Xxxxxxxxxx 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 5 contracts

Samples: Membership Interest Purchase Agreement (U-Swirl, Inc.), Asset Purchase Agreement (U-Swirl, Inc.), Voting Agreement (U-Swirl, Inc.)

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No Liability for Election of Recommended Directors. Neither RMCF, any of RMCF’s Affiliates, H. X. Xxxxxxxxxx, Cxxxx Xxxxx nor T. X. Xxxxxxxxxx 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: Asset Purchase Agreement (Rocky Mountain Chocolate Factory Inc), Membership Interest Purchase Agreement (Rocky Mountain Chocolate Factory Inc), Voting Agreement (Rocky Mountain Chocolate Factory Inc)

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