Common use of Termination of Stockholders Agreement Clause in Contracts

Termination of Stockholders Agreement. The Stockholders, the Company and the other parties thereto hereby agree to terminate the Stockholders Agreement, including any and all annexes or exhibits thereto, as of the Effective Time. The provisions of the Stockholders Agreement shall not survive its termination, and shall have no further force from and after the Effective Date, nor shall any party to the Stockholders Agreement have any surviving obligations, rights or duties thereunder.

Appears in 3 contracts

Samples: Termination Agreement (Alloy Inc), Termination Agreement (Alloy Inc), Termination Agreement (Alloy Inc)

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Termination of Stockholders Agreement. The Stockholders, the Company and the other parties thereto hereby agree to terminate the Stockholders Agreement, including any and all annexes or exhibits thereto, as of Upon the Effective Time. The provisions of , the Stockholders Agreement shall not survive its termination, be hereby terminated and shall have of no further force from and after the Effective Dateeffect, nor and no party thereto shall any party to the Stockholders Agreement have any surviving obligations, rights, or duties thereunder after the Effective Time. From and after the Effective Time, the Additional Investors shall have no further obligations, rights or duties thereunderunder this Agreement.

Appears in 2 contracts

Samples: Director Nomination Agreement (Cinemark Holdings, Inc.), Director Nomination Agreement (Cinemark Holdings, Inc.)

Termination of Stockholders Agreement. The Stockholders, the Company and the other parties thereto hereby Stockholders acknowledge and agree to that, effective upon the Closing, the Stockholders' Agreement shall automatically terminate and be of no further force or effect, and neither the Stockholders Agreement, including Company nor any and all annexes or exhibits thereto, as of the Effective Time. The provisions of the Stockholders Agreement shall not survive its termination, and shall have no any further force from and after the Effective Date, nor shall any party to the Stockholders Agreement have any surviving obligations, rights or duties liability thereunder.. ­39­

Appears in 1 contract

Samples: Share Purchase Agreement

Termination of Stockholders Agreement. The Stockholders, Stockholders and the Company and the other parties thereto hereby agree to terminate the Stockholders Agreement, including any and all annexes or exhibits theretothat, as of the Effective Time. The provisions , the Stockholders' Agreement and any exhibits thereto shall terminate and be of the Stockholders Agreement shall not survive its termination, and shall have no further force from and after the Effective Dateeffect, nor and no party thereto shall any party to the Stockholders Agreement have any surviving obligations, rights or duties thereunder.

Appears in 1 contract

Samples: Termination and Release Agreement (Activant Solutions Inc /De/)

Termination of Stockholders Agreement. The Stockholders, the Company and the other parties thereto hereby hereto agree to terminate the Stockholders Agreement, including any and all annexes or exhibits thereto, that as of the Effective Timedate hereof, the Stockholders Agreement shall terminate and extinguish. The provisions of Section 2.1 of the Stockholders Agreement regarding corporate governance and composition of the Board of Directors of the Company shall terminate. In addition, the restrictions on Transfer set forth in Section 3.1 of the Stockholders Agreement shall not survive its termination, and shall have no further force from and after the Effective Date, nor shall any party to the Stockholders Agreement have any surviving obligations, rights or duties thereunderterminate.

Appears in 1 contract

Samples: Termination of Stockholders Agreement (Shiloh Industries Inc)

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Termination of Stockholders Agreement. The StockholdersStockholders Agreement shall be terminated, voided and cancelled, effective upon the Company closing of the Company's initial public offering of shares of common stock of the Company. Such termination shall be effected without further action by the parties to the Stockholders Agreement. This Agreement to Terminate Stockholders Agreement is conditioned upon the closing of said initial public offering, and the other parties thereto hereby agree to thus shall not terminate the Stockholders Agreement, including any Agreement until and all annexes or exhibits thereto, as of the Effective Time. The provisions of the Stockholders Agreement shall not survive its termination, and shall have no further force from and after the Effective Date, nor shall any party to the Stockholders Agreement have any surviving obligations, rights or duties thereunderunless such closing occurs.

Appears in 1 contract

Samples: Terminate Stockholders Agreement (Nelnet Inc)

Termination of Stockholders Agreement. The Stockholders, All stockholders' agreements or comparable agreements relating to the Company and the other parties thereto hereby agree to terminate the Stockholders Agreement, including any and all annexes or exhibits thereto, as of the Effective Time. The provisions of the Stockholders Agreement shall not survive its termination, and Holdings Capital Stock shall have no further force from and after the Effective Date, nor shall any party to the Stockholders Agreement have any surviving obligations, rights or duties thereunderbeen terminated.

Appears in 1 contract

Samples: Stock Purchase Agreement (Schawk Inc)

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