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Common use of Term of Agreement; Termination Clause in Contracts

Term of Agreement; Termination. Subject to Section 13(e), the term of this Agreement shall commence on the date hereof and such term, this Agreement and the proxy(ies) granted in and pursuant to Section 2 hereof shall terminate upon the earlier to occur of (i) the Effective Time (as defined in the Merger Agreement), and (ii) the date on which the Merger Agreement is terminated in accordance with its terms. Upon such termination, no party shall have any further obligations or liabilities hereunder; PROVIDED, that such termination shall not relieve any party from liability for any breach of this Agreement prior to such termination.

Appears in 9 contracts

Samples: Voting Agreement (Brooks Automation Inc), Voting Agreement (Brooks Automation Inc), Voting Agreement (Brooks Automation Inc)

Term of Agreement; Termination. Subject to Section 13(e14(e), the term of this Agreement shall commence on the date hereof and such term, term and this Agreement and the proxy(ies) granted in and pursuant to Section 2 hereof shall terminate upon the earlier earliest to occur of (i) the Effective Time (as defined in the Merger Agreement)Time, and (ii) the date on which the Merger Agreement is terminated in accordance with its terms; provided, however, that the provisions of Section 9 shall survive the Effective Time in accordance with the terms of Section 9. Upon such termination, no party shall have any further obligations or liabilities hereunder; PROVIDEDprovided, that such termination shall not relieve any party from liability for any breach of this Agreement prior to such termination.

Appears in 4 contracts

Samples: Stockholder's Agreement (Lefkofsky Eric P), Stockholder Agreement (Keywell Bradley A), Stockholder's Agreement (Keywell Bradley A)

Term of Agreement; Termination. Subject to Section 13(e), the The term of this Agreement shall commence on the date hereof hereof. This Agreement may be terminated at any time prior to consummation of the transactions contemplated by the Merger Agreement by the written consent of the parties hereto, and such term, this Agreement and the proxy(ies) granted in and pursuant to Section 2 hereof shall terminate be automatically terminated upon the earlier earliest to occur of: (a) termination of (i) the Effective Time (as defined in the Merger Agreement), and (iib) the consummation of the Merger, or (c) one (1) year from the date on which the Merger Agreement is terminated in accordance with its termshereof. Upon such termination, no party shall have any further obligations or liabilities hereunder; PROVIDEDprovided, however, that such termination shall not relieve any party from liability for any breach of this Agreement prior to such termination.

Appears in 4 contracts

Samples: Merger Agreement (Charter Financial Corp), Merger Agreement (CenterState Bank Corp), Merger Agreement (Charter Financial Corp)

Term of Agreement; Termination. Subject to Section 13(e), the The term of this Agreement shall commence on the date hereof hereof. This Agreement may be terminated at any time prior to consummation of the transactions contemplated by the Merger Agreement by the mutual written agreement of the parties hereto, and such term, this Agreement and the proxy(ies) granted in and pursuant to Section 2 hereof shall terminate be automatically terminated upon the earlier to occur of (ia) the Effective Time Time, (as defined in b) termination of the Merger Agreement), and or (iic) two (2) years from the date on which the Merger Agreement is terminated in accordance with its termshereof. Upon such termination, no party shall have any further obligations or liabilities hereunder; PROVIDEDprovided, however, that such termination shall not relieve any party from liability for any breach of this Agreement prior to such termination.

Appears in 2 contracts

Samples: Merger Agreement (Smartfinancial Inc.), Merger Agreement (Smartfinancial Inc.)

Term of Agreement; Termination. Subject to Section 13(e), the The term of this Agreement shall commence on the date hereof hereof, and such term, term and this Agreement and the proxy(ies) granted in and pursuant to Section 2 hereof shall terminate upon the earlier earliest to occur of (i) the Effective Time (as defined in the Merger Agreement), and Time; (ii) the date on which the Merger Agreement is terminated in accordance with its terms; and (iii) September 30, 2000, provided however that such date shall be automatically extended to November 15, 2000 in the event that such date is automatically extended pursuant to Section 7.1(b)(i) of the Merger Agreement. Upon such termination, no party shall have any further obligations or liabilities hereunder; PROVIDEDprovided, however, that such termination shall not relieve any party from liability for any breach of this Agreement prior to such termination.

Appears in 2 contracts

Samples: Stockholders Agreement (Irvine Horace H Ii), Stockholders Agreement (Hadco Corp)

Term of Agreement; Termination. Subject to Section 13(e12(e), the term ------------------------------ of this Agreement shall commence on the date hereof hereof, and such term, the term of this Agreement and the proxy(ies) granted in and pursuant to Section 2 hereof shall terminate upon the earlier to occur of (i) the Effective Time (as defined in the Merger Agreement), and ) or (ii) the date on which the Merger Agreement is terminated in accordance with its terms. Upon such termination, no party shall have any further obligations or liabilities hereunder; PROVIDEDprovided, that such termination shall not relieve any party from liability for any breach of this Agreement prior to such termination.

Appears in 1 contract

Samples: Investor Agreement (Telaxis Communications Corp)

Term of Agreement; Termination. Subject to Section 13(e12(e), the term of ------------------------------- this Agreement shall commence on the date hereof hereof, and such term, the term of this Agreement and the proxy(ies) granted in and pursuant to Section 2 hereof shall terminate upon the earlier to occur of (i) the Effective Time (as defined in the Merger Agreement), and ) or (ii) the date on which the Merger Agreement is terminated in accordance with its terms. Upon such termination, no party shall have any further obligations or liabilities hereunder; PROVIDEDprovided, that such termination shall not relieve any party from liability for any breach of this Agreement prior to such termination.

Appears in 1 contract

Samples: Investor Agreement (Telaxis Communications Corp)

Term of Agreement; Termination. Subject to Section 13(e), the term of this Agreement shall commence on the date hereof and such term, this Agreement and the proxy(ies) granted in and pursuant to Section 2 hereof shall terminate upon the earlier to occur of (iof(i) the Effective Time (as defined in the Merger Agreement), and (ii) the date on which the Merger Agreement is terminated in accordance with its terms. Upon such termination, no party shall have any further obligations or liabilities hereunder; PROVIDED, that such termination shall not relieve any party from liability for any breach of this Agreement prior to such termination.

Appears in 1 contract

Samples: Voting Agreement (Brooks Automation Inc)

Term of Agreement; Termination. Subject to Section 13(e), the The term of this Agreement shall commence on the date hereof hereof. This Agreement may be terminated at any time prior to consummation of the transactions contemplated by the Stock Purchase Agreement, including the Acquisition, by the written consent of the parties hereto, and such term, this Agreement and shall be automatically terminated upon termination of the proxy(ies) granted in and pursuant to Section 2 hereof shall terminate upon Stock Purchase Agreement or the earlier to occur consummation of (i) the Effective Time (as defined in the Merger Agreement), and (ii) the date on which the Merger Agreement is terminated in accordance with its termsAcquisition. Upon such termination, no party shall have any further obligations or liabilities hereunder; PROVIDEDprovided, however, that such termination shall not relieve any party from liability for any willful and material breach of this Agreement prior to such termination.

Appears in 1 contract

Samples: Stock Purchase Agreement (Mackinac Financial Corp /Mi/)

Term of Agreement; Termination. Subject to Section 13(e), the term of this Agreement shall commence on the date hereof and such term, this Agreement and the proxy(ies) granted in and pursuant to Section 2 hereof shall terminate upon the earlier to occur of (i) the Effective Time (as defined in the Merger Agreement), and (ii) the date on which the Merger Agreement is terminated in and pursuant to accordance with its terms. Upon such termination, no party shall have any further obligations or liabilities hereunder; PROVIDED, that such termination shall not relieve any party from liability for any breach of this Agreement prior to such termination.

Appears in 1 contract

Samples: Voting Agreement (Brooks Automation Inc)