Common use of PRINCIPAL SHAREHOLDER AGREEMENTS Clause in Contracts

PRINCIPAL SHAREHOLDER AGREEMENTS. Notwithstanding anything contained herein to the contrary, the execution of this Agreement by each of the Principal Shareholders shall terminate, effective as of the date hereof, any and all oral or written agreement (other than this Agreement), understanding or similar arrangement (to the extent not set forth on Schedule 3.2 or specifically set forth in this Agreement) to which any such Principal Shareholder is a direct or indirect party or beneficiary and to which the Company, its affiliates or agents, is a direct or indirect party or beneficiary without any further liability or obligations of the Company, its successors, assigns, affiliates or agents.

Appears in 4 contracts

Samples: Merger Agreement (Wireless Telecom Group Inc), Merger Agreement (Boonton Electronics Corp), Merger Agreement (Wireless Telecom Group Inc)

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