Common use of Termination of Related Party Agreements Clause in Contracts

Termination of Related Party Agreements. All existing agreements between the COMPANY and the STOCKHOLDERS or business or personal affiliates of the COMPANY or the STOCKHOLDERS, other than those set forth on Schedule 9.7, shall have been canceled, and any stockholder agreements, voting agreements, voting trusts, options, or warrants relating to the COMPANY or COMPANY Stock, and any employment agreements between the COMPANY and any employee listed on Schedule 9.7, shall have been terminated. In addition, the COMPANY shall be released as a guarantor on all real estate loans and other lending arrangements or obligations which were guaranteed for the benefit of any of the STOCKHOLDERS or any other third party.

Appears in 4 contracts

Samples: Merger Agreement (Vestcom International Inc), Share Purchase Agreement (Vestcom International Inc), Agreement and Plan of Reorganization (Vestcom International Inc)

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Termination of Related Party Agreements. All existing agreements between the COMPANY and the STOCKHOLDERS or business or personal affiliates of the COMPANY or the STOCKHOLDERS, other than those set forth on Schedule 9.7, shall have been canceled, and any stockholder agreements, voting agreements, voting trusts, options, or warrants relating to the COMPANY or COMPANY Stock, and any employment agreements between the COMPANY and any employee listed on Schedule 9.7, shall have been terminated. In addition, the COMPANY shall be released as a guarantor on all real estate loans and or other lending arrangements or obligations which were guaranteed for the benefit of any of the STOCKHOLDERS STOCKHOLDER or any other third party.

Appears in 1 contract

Samples: Merger Agreement (Vestcom International Inc)

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Termination of Related Party Agreements. All existing agreements between the COMPANY and the STOCKHOLDERS or business or personal affiliates of the COMPANY or the STOCKHOLDERS, other than those set forth on Schedule 9.7, shall have been canceled, and any stockholder agreements, voting agreements, voting trusts, options, or warrants relating to the COMPANY or COMPANY Stock, and any employment agreements between the COMPANY and any employee listed on Schedule 9.7, shall have been terminated. In addition, the COMPANY shall be released as a guarantor on all real estate loans and other lending arrangements or obligations which were guaranteed for the benefit of any of the STOCKHOLDERS or any other third party.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Vestcom International Inc)

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