Replacement of the Representative. Upon the death, disability or incapacity of the initial Representative appointed pursuant to Section 8.10(a) above, each Seller acknowledges and agrees that such Representative's executor, guardian or legal representative, as the case may be, shall (in consultation with Sellers) appoint a replacement reasonably believed by such person as capable of carrying out the duties and performing the obligations of the Representative hereunder within thirty (30) days. In the event that the Representative resigns for any reason, the Representative shall (in consultation with Sellers) select another representative to fill such vacancy. Any substituted representative shall be deemed the Representative for all purposes of this Agreement and the other Transaction Documents.
Appears in 1 contract
Samples: Stock Purchase Agreement (National Equipment Services Inc)
Replacement of the Representative. Upon the death, disability or --------------------------------- incapacity of the initial Representative appointed pursuant to Section 8.10(a10.11(a) above, each Seller acknowledges and agrees that such Representative's executor, guardian or legal representative, as the case may be, shall (in consultation with Sellers) appoint a replacement reasonably believed by such person as capable of carrying out the duties and performing the obligations of the Representative hereunder within thirty (30) days. In the event that the Representative resigns for any reason, the Representative shall (in consultation with Sellers) select another representative to fill such vacancy. Any substituted representative shall be deemed the Representative for all purposes of this Agreement and the other Transaction Documents.
Appears in 1 contract
Replacement of the Representative. Upon the death, disability disability, or incapacity of the initial Representative appointed pursuant to Section 8.10(a6.6(a) above, each Seller Shareholder acknowledges and agrees that such Representative's executor, guardian guardian, or legal representative, as the case may be, shall (in consultation with Sellersthe Shareholders) appoint a replacement reasonably believed by such person as capable of carrying out the duties and performing the obligations of the Representative hereunder within thirty (30) days. In the event that the Representative resigns for any reason, the Representative shall (in consultation with SellersShareholders) select another representative to fill such vacancy. Any substituted representative shall be deemed the Representative for all purposes of this Agreement and the other Transaction Related Documents.
Appears in 1 contract
Samples: Ivillage Inc
Replacement of the Representative. Upon the death, disability or incapacity --------------------------------- capacity of the initial Representative appointed pursuant to Section 8.10(a10.10(a) above, each Seller acknowledges and agrees that such Representative's executor, guardian or legal representative, as the case may be, shall (in consultation with Sellers) appoint a replacement reasonably believed by such person as capable of carrying out the duties and performing the obligations of the Representative hereunder within thirty (30) days. In the event that the Representative resigns for any reason, the Representative shall (in consultation with Sellers) select another representative to fill such vacancy. Any substituted representative shall be deemed the Representative for all purposes of this Agreement and the other Transaction Documents.
Appears in 1 contract
Samples: Stock Purchase Agreement (National Equipment Services Inc)