Common use of Power and Authority; Binding Agreement Clause in Contracts

Power and Authority; Binding Agreement. Such Stockholder has full power and authority and legal capacity to enter into, execute, and deliver this Agreement and to perform fully such Stockholder’s obligations hereunder. This Agreement has been duly and validly executed and delivered by such Stockholder and, assuming due execution by Parent, constitutes the legal, valid, and binding obligation of such Stockholder, enforceable against such Stockholder in accordance with its terms except as may be limited by applicable general principles of equity whether applied in a court of law or a court of equity and by bankruptcy, insolvency, reorganization, moratorium or other similar Laws affecting creditors’ rights generally.

Power and Authority; Binding Agreement. Such Stockholder has has, or will have, the sole and full power and authority and legal capacity to enter into, execute, and issue instructions with respect to the matters set forth herein, deliver this Agreement and to perform fully such Stockholder’s obligations hereunderhereunder (including the proxy described in Section 4(b) below)). This Agreement has been duly and validly executed and delivered by such Stockholder and, assuming due execution by Parent, and constitutes the legal, valid, and binding obligation of such Stockholder, enforceable against such Stockholder in accordance with its terms except as may be limited by applicable general principles of equity whether applied in a court of law or a court of equity and by bankruptcy, insolvency, reorganization, moratorium or other similar Laws affecting creditors’ rights generally.

Power and Authority; Binding Agreement. Such Stockholder Shareholder has full power and authority and legal capacity to enter into, execute, and deliver this Agreement and to perform fully such StockholderShareholder’s obligations hereunder. This Agreement has been duly and validly executed and delivered by such Stockholder Shareholder and, assuming due execution by Parentthe Company, constitutes the legal, valid, and binding obligation of such StockholderShareholder, enforceable against such Stockholder Shareholder in accordance with its terms except as may be limited by applicable general principles of equity whether applied in a court of law or a court of equity and by bankruptcy, insolvency, reorganization, moratorium or other similar Laws affecting creditors’ rights generally.