Common use of Shareholder Capacity Clause in Contracts

Shareholder Capacity. No Person executing this Agreement who is, or who becomes during the term hereof, a Director makes any agreement or understanding herein in his or her capacity as such Director, and the agreements set forth herein shall in no way restrict any Director in the exercise of his or her fiduciary duties as a Director. Each Shareholder executes and delivers this Agreement solely in his, her or its capacity as the record and beneficial owner of such Shareholder’s Shares.

Appears in 4 contracts

Samples: Shareholders Agreement (VimpelCom Ltd.), Shareholder Agreement (VimpelCom Ltd.), Shareholders Agreement (Telenor East Invest As)

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Shareholder Capacity. No Person Notwithstanding anything herein to the contrary, no person executing this Agreement who is, or who becomes during the term hereofTerm, a Director director of the Company makes any agreement or understanding herein in his or her capacity as such Directordirector, and the agreements set forth herein shall in no way restrict any Director director or officer in the exercise of his or her fiduciary duties as a Directordirector of the Company. Each The Shareholder executes and delivers has executed this Agreement solely in his, her or its capacity as the record and beneficial owner holder of such Shareholder’s the Shares.

Appears in 3 contracts

Samples: Shareholder Agreement (TRW Inc), Shareholder Agreement (TRW Inc), Shareholders Agreement (Alliance Capital Investments Corp)

Shareholder Capacity. No Person executing this Agreement who is, or who becomes during the term hereof, a Director makes any agreement or understanding herein in his or her capacity as such Director, and the agreements set forth herein shall in no way restrict any Director in the exercise of his or her fiduciary duties as a Director. Each Shareholder executes and delivers this Agreement solely in his, her or its capacity as the record and beneficial owner of such Shareholder’s 's Shares.

Appears in 2 contracts

Samples: Shareholder Agreement (Eco Telecom LTD), Shareholder Agreement (Telenor East Invest As)

Shareholder Capacity. No Person Notwithstanding anything herein to the -------------------- contrary, no person executing this Agreement who is, or who becomes during the term hereof, a Director director of the Company makes any agreement or understanding herein in his or her capacity as such Directora director, and the agreements set forth herein shall in no way restrict any Director director in the exercise of his or her fiduciary duties as a Directordirector of the Company. Each Shareholder executes and delivers has executed this Agreement solely in his, her or its his capacity as the record and or beneficial owner holder of such Shareholder’s 's Owned Shares.

Appears in 2 contracts

Samples: Exchange and Voting Agreement (Sunburst Hospitality Corp), Exchange and Voting Agreement (Sunburst Hospitality Corp)

Shareholder Capacity. No Person person executing this -------------------- Agreement who is, is or who becomes during the term hereof, hereof a Director director of the Company makes any agreement or understanding herein in his or her capacity as such Director, and the agreements set forth herein shall director. Each Shareholder signs solely in no way restrict any Director in the exercise of his or her fiduciary duties as a Director. Each Shareholder executes and delivers this Agreement solely in his, her or its capacity as the record and beneficial owner of such Shareholder’s 's Shares. Notwithstanding any other provision of this Agreement, no Shareholder shall have any obligation under this Agreement to act or refrain from acting in any manner inconsistent with such Shareholder's fiduciary duties as a director of the Company.

Appears in 1 contract

Samples: Shareholder Agreement (Cuc International Inc /De/)

Shareholder Capacity. No Person executing this Agreement who is, or who becomes during the term hereof, a Director director of the Company makes any agreement or understanding herein in his or her capacity as such Directordirector, and the agreements set forth herein shall in no way restrict any Director director in the exercise of his or her fiduciary duties as a Directordirector of the 7 Company. Each Shareholder executes and delivers this Agreement solely in his, her or its capacity as the record and beneficial owner of such Shareholder’s 's Shares.

Appears in 1 contract

Samples: Shareholders Agreement (Paragon Limited Partnership)

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Shareholder Capacity. No Person Notwithstanding anything herein to the contrary, no person executing this Agreement who is, or who becomes during the term hereof, a Director director of the Company makes any agreement or understanding herein in his or her capacity as such Directora director, and the agreements set forth herein shall in no way restrict any Director director in the exercise of his or her fiduciary duties as a Directordirector of the Company. Each Shareholder executes and delivers has executed this Agreement solely in his, her or its his capacity as the record and or beneficial owner holder of such Shareholder’s 's Owned Shares.

Appears in 1 contract

Samples: Exchange and Voting Agreement (Mascotech Inc)

Shareholder Capacity. No Person person executing this Agreement who is, is or who becomes during the term hereof, hereof a Director director of the Company makes any agreement or understanding herein in his or her capacity as such Director, and the agreements set forth herein shall director. Each Shareholder signs solely in no way restrict any Director in the exercise of his or her fiduciary duties as a Director. Each Shareholder executes and delivers this Agreement solely in his, her or its capacity as the record and beneficial owner of such Shareholder’s 's Shares. Notwithstanding any other provision of this Agreement, no Shareholder shall have any obligation under this Agreement to act or refrain from acting in any manner inconsistent with such Shareholder's fiduciary duties as a director of the Company.

Appears in 1 contract

Samples: Shareholders Agreement (Sierra on Line Inc)

Shareholder Capacity. No Person executing this Agreement who is, or who becomes during the term hereof, a Director director of the Company makes any agreement or understanding herein in his or her capacity as such Directordirector, and the agreements set forth herein shall in no way restrict any Director director in the exercise of his or her fiduciary duties as a Directordirector of the Company. Each Shareholder executes and delivers this Agreement solely in his, her or its capacity as the record and beneficial owner of such Shareholder’s 's Shares.

Appears in 1 contract

Samples: Shareholders Agreement (Telenor East Invest As)

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