Common use of Stockholder Obligation Several and Not Joint Clause in Contracts

Stockholder Obligation Several and Not Joint. The obligations of each Stockholder hereunder shall be several and not joint, and no Stockholder shall be liable for any breach of the terms of this Agreement by any other Stockholder. Further, Parent and Xxxxxx Sub agree that no Stockholder will be liable for claims, losses, damages, liabilities or other obligations of, or incurred by, the Company resulting from the Company’s breach of the Merger Agreement except to the extent that breach of such Stockholder’s obligations hereunder was also involved in such breach by the Company. The parties are executing this Agreement on the date set forth in the introductory clause. PARENT: XXX XXXXX AND COMPANY By: /s/ Xxxx Xxxxxxxx Name: Xxxx Xxxxxxxx Title: Senior Vice President, Immunology Development MERGER SUB: RAINIER ACQUISITION CORPORATION By: /s/ Xxxxxxx X. Xxxxxxxx Name: Xxxxxxx X. Xxxxxxxx Title: President and Treasurer The parties are executing this Agreement on the date set forth in the introductory clause.

Appears in 1 contract

Samples: Tender and Support Agreement (Morphic Holding, Inc.)

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Stockholder Obligation Several and Not Joint. The obligations of each Stockholder hereunder shall be several and not joint, and no Stockholder shall be liable for any breach of the terms of this Agreement by any other Stockholder. Further, Parent and Xxxxxx Sub agree that no Stockholder will be liable for claims, losses, damages, liabilities or other obligations of, or incurred by, the Company resulting from the Company’s breach of the Merger Agreement except to the extent that breach of such Stockholder’s obligations hereunder was also involved in such breach by the Company. The parties are executing this Agreement on the date set forth in the introductory clause. PARENT: XXX XXXXX AND COMPANY By: /s/ Xxxx Xxxxxxxx Xxxxx X. Xxxxx Name: Xxxx Xxxxxxxx Xxxxx X. Xxxxx Title: Senior Vice President, Immunology Development Chair and Chief Executive Officer MERGER SUB: RAINIER YOSEMITE FALLS ACQUISITION CORPORATION By: /s/ Xxxxxx X. Xxxxxxx X. Xxxxxxxx Name: Xxxxxx X. Xxxxxxx X. Xxxxxxxx Title: President and Treasurer The parties are executing this Agreement on the date set forth in the introductory clause.. STOCKHOLDERS:

Appears in 1 contract

Samples: Tender and Support Agreement (POINT Biopharma Global Inc.)

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Stockholder Obligation Several and Not Joint. The obligations of each Stockholder hereunder shall be several and not joint, and no Stockholder shall be liable for any breach of the terms of this Agreement by any other Stockholder. Further, Parent and Xxxxxx Sub agree that no Stockholder will be liable for claims, losses, damages, liabilities or other obligations of, or incurred by, the Company resulting from the Company’s breach of the Merger Agreement except to the extent that breach of such Stockholder’s obligations hereunder was also involved in such breach by the Company. The parties are executing this Agreement on the date set forth in the introductory clause. PARENT: XXX XXXXX AND COMPANY By: /s/ Xxxx Xxxxxxxx Xxxxx X. Xxxxx Name: Xxxx Xxxxxxxx Xxxxx X. Xxxxx Title: Senior Vice President, Immunology Development Chair and Chief Executive Officer MERGER SUB: RAINIER XXXXXXX ACQUISITION CORPORATION By: /s/ Xxxxxx X. Xxxxxxx X. Xxxxxxxx Name: Xxxxxx X. Xxxxxxx X. Xxxxxxxx Title: President and Treasurer The parties are executing this Agreement on the date set forth in the introductory clause.. STOCKHOLDER:

Appears in 1 contract

Samples: Tender and Support Agreement (DICE Therapeutics, Inc.)

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