Common use of Spouses Clause in Contracts

Spouses. Each reference herein to the shares of Capital Stock owned by a Stockholder, Warrants owned by a Warrantholder or any other Capital Stock owned by the holder thereof, includes any community property interest of such Stockholder’s, Warrantholder’s or other holder’s spouse (if any) (each, a “Spouse”) in such Capital Stock. Each Spouse is fully aware of, understands and fully consents and agrees to the provisions of this Agreement and its binding effect upon any community property interest such Spouse may now or hereafter own. Each Spouse agrees that the termination of his or her marital relationship with a Stockholder, Warrantholder or other holder for any reason shall not have the effect of removing any shares of Capital Stock otherwise subject to this Agreement from its coverage. Each Spouse’s awareness, understanding, consent and agreement are evidenced by the execution of this Agreement by such Spouse. In addition, each Spouse hereby acknowledges that the Company and the Stockholders and Warrantholders may desire to amend this Agreement from time to time, and such Spouse hereby appoints his or her Spouse as his or her true and lawful proxy and attorney, with full power of substitution to enter into any such amendment to this Agreement. Such proxy is irrevocable and will survive the death, incompetency, and disability of such Spouse, provided that upon termination of this Agreement, the above authorized proxy shall become null and void. Each such Spouse agrees, for such Spouse and such Spouse’s heirs, executors, administrators, guardians and other personal representatives, to offer for sale all shares of Capital Stock now owned or hereafter acquired by such Spouse upon the happening of the events and on the terms and conditions set forth in this Agreement.

Appears in 1 contract

Samples: Stockholders Agreement (Nine Energy Service, Inc.)

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Spouses. Each reference herein to the shares of Capital Stock Shares owned by a Stockholder, Warrants owned by a Warrantholder or any other Capital Stock owned by Party includes the holder thereof, includes any community property interest of such Stockholder’s, Warrantholder’s or other holder’s Party's spouse (if any) (each, a "Spouse") in such Capital StockShares. The obligation of a Party to vote such Shares in the manner set forth herein includes an obligation on the part of such Party's Spouse to vote such Spouse's community property interest in such stock in the same manner. Each Spouse is fully aware of, understands and fully consents and agrees to the provisions of this Agreement and its binding effect upon any community property interest such Spouse may now or hereafter own. Each Spouse agrees that the termination of his or her marital relationship with a Stockholder, Warrantholder or other holder Party for any reason shall not have the effect of removing any shares Shares of Capital Stock the Corporation otherwise subject to this Agreement from its coverage. Each Spouse’s 's awareness, understanding, consent and agreement are evidenced by the execution of this Agreement by such Spouse. In addition, each Spouse hereby acknowledges that the Company Corporation and the Stockholders and Warrantholders Parties may desire to amend this Agreement from time to time, and such Spouse hereby appoints his or her Spouse spouse as his or her true and lawful proxy and attorney, with full power of substitution to enter into any such amendment to this Agreement. Such proxy is irrevocable and will survive the death, incompetency, and disability of such Spouse, provided that upon termination of this AgreementAgreement pursuant to Section 6.1 or otherwise, the above authorized proxy shall become null and void. Each such Spouse agrees, for such Spouse and such Spouse’s 's heirs, executors, administrators, guardians and other personal representatives, to offer for sale all shares of Capital Stock Shares now owned or hereafter acquired by such Spouse upon the happening of the events and on the terms and conditions set forth in this Agreement.

Appears in 1 contract

Samples: Stockholders Agreement (Cheniere Energy Inc)

Spouses. Each reference herein to the shares of Capital Stock owned by a Stockholder, Warrants owned by a Warrantholder or any other Capital Stock owned by Stockholder includes the holder thereof, includes any community property interest of such Stockholder’s, Warrantholder’s or other holder’s spouse (if any) (each, a “Spouse”) in such Capital Stockshares. Each Spouse is fully aware of, understands and fully consents and agrees to the provisions of this Agreement and its binding effect upon any community property interest such Spouse may now or hereafter own. Each Spouse agrees that the termination of his or her marital relationship with a Stockholder, Warrantholder or other holder Stockholder for any reason shall not have the effect of removing any shares of Capital Stock the Company otherwise subject to this Agreement from its coverage. Each Spouse’s awareness, understanding, consent and agreement are evidenced by the execution of this Agreement by such Spouse. In addition, each Spouse hereby acknowledges that the Company and the Stockholders and Warrantholders Parties may desire to amend this Agreement from time to time, and such Spouse hereby appoints his or her Spouse as his or her true and lawful proxy and attorney, with full power of substitution to enter into any such amendment to this Agreement. Such proxy is irrevocable and will survive the death, incompetency, and disability of such Spouse, provided that upon termination of this Agreement, the above authorized proxy shall become null and void. Each such Spouse agrees, for such Spouse and such Spouse’s heirs, executors, administrators, guardians and other personal representatives, to offer for sale all shares of Capital Stock now owned or hereafter acquired by such Spouse upon the happening of the events and on the terms and conditions set forth in this Agreement.

Appears in 1 contract

Samples: Stockholders Agreement (Forum Energy Technologies, Inc.)

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Spouses. Each reference herein to the shares of Capital Stock Shares owned by a Stockholder, Warrants owned by a Warrantholder or any other Capital Stock owned by Shareholder includes the holder thereof, includes any community property interest of such Stockholder’s, Warrantholder’s or other holder’s Shareholder's spouse (if any) (each, a "Spouse") in such Capital StockShares. The obligation of a Shareholder to vote such Shares in the manner set forth herein includes an obligation on the part of such Shareholder's Spouse to vote such Spouse's community property interest in such stock in the same manner. Each Spouse is fully aware of, understands and fully consents and agrees to the provisions of this Agreement and its binding effect upon any community property interest such Spouse may now or hereafter own. Each Spouse agrees that the termination of his or her marital relationship with a Stockholder, Warrantholder or other holder Shareholder for any reason shall not have the effect of removing any shares Shares of Capital Stock the Corporation otherwise subject to this Agreement from its coverage. Each Spouse’s 's awareness, understanding, consent and agreement are arc evidenced by the execution of this Agreement by such Spouse. In addition, each Spouse hereby acknowledges that the Company Corporation and the Stockholders and Warrantholders Shareholders may desire to amend this Agreement from time to time, and such Spouse hereby appoints his or her Spouse spouse as his or her true and lawful proxy and attorney, with full power of substitution to enter into any such amendment to this Agreement. Such proxy is irrevocable and will survive the death, incompetency, and disability of such Spouse, provided that upon termination of this AgreementAgreement pursuant to Article VIII or otherwise, the above authorized proxy shall become null and void. Each such Spouse agrees, for such Spouse and such Spouse’s 's heirs, executors, administrators, guardians and other personal representatives, to offer for sale all shares of Capital Stock Shares now owned or hereafter acquired by such Spouse upon the happening of the events and on the terms and conditions set forth in this Agreement.

Appears in 1 contract

Samples: Securityholders Agreement (Pinnacle Gas Resources, Inc.)

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