Shareholders Agreement termination Clause Samples

Shareholders Agreement termination. Each of the Sellers, the Buyer and the Company hereby declare that, effective as of the Effective Date, the Shareholders Agreement is hereby resolved and terminated in its entirety, in accordance with Section 13 of the Shareholders Agreement, and expressly waive any and all preemptive rights arising therefrom relating to the Transactions contemplated by this Agreement and the Sale Shares .