Common use of Termination of Stockholders Agreement Clause in Contracts

Termination of Stockholders Agreement. Pursuant to Section 11.3 of the Stockholders Agreement, the Company and each of the Investors hereby agree that effective as of the Closing, the Stockholders Agreement shall terminate and be wholly without force or effect thereafter (it being understood and agreed that the Stockholders Agreement shall remain in full force and effect in accordance with its terms until the effectiveness of the Closing).

Termination of Stockholders Agreement. Pursuant to Section 11.3 of The Company and the Stockholders Agreementacknowledge and agree that immediately upon the Effective Time and without further action of any Person, the Company and each of the Investors hereby agree that effective as of the Closing, the Stockholders Stockholders’ Agreement shall terminate and be wholly without of no further force or effect thereafter (it being understood and agreed that the Stockholders Agreement shall remain in full force and effect in accordance with its terms until the effectiveness of the Closing)effect.

Termination of Stockholders Agreement. Pursuant to Section 11.3 At the Effective Time, each ------------------------------------- of the Stockholders Agreement, and the Company and each of the Investors hereby agree that effective as of the Closing, the Stockholders Agreement shall terminate and be wholly without force or effect thereafter (it being understood and agreed that the Stockholders Agreement shall remain be terminated in full its entirety, the rights, duties, and obligations of the parties thereto shall be extinguished, and none of its provisions shall continue to have any force and effect in accordance with its terms until the effectiveness of the Closing)effect.

Termination of Stockholders Agreement. Pursuant to Section 11.3 In conjunction with the closing of the Stockholders AgreementMerger and the Conversion, Stockholder hereby approves the Company and each termination of the Investors hereby agree that effective as Stockholders' Agreement immediately upon the consummation of the ClosingMerger and agrees that upon such termination, all the Stockholders terms of the Stockholders' Agreement shall terminate and be wholly without force or effect thereafter (it being understood and agreed that the Stockholders Agreement shall remain in full of no further force and effect in accordance with its terms until the effectiveness of the Closing)effect.

Termination of Stockholders Agreement. Pursuant to Section 11.3 of the Stockholders Agreement, the The Company and each of the Investors Management Shareholders hereby acknowledge and agree that effective as of the Closing, the Stockholders Agreement shall terminate and be wholly without force or effect thereafter (it being understood and agreed that the Stockholders Agreement shall remain in full force and effect in accordance with its terms until the effectiveness of the Closing).

Termination of Stockholders Agreement. Pursuant Contingent upon and effective immediately prior to Section 11.3 the closing of shares of Common Stock in the Stockholders AgreementIPO, the Company parties hereto hereby terminate the Stockholders’ Agreement in all respects, which thereafter will be of no further force and each effect; provided, however, that, if and so long as the Event of the Investors hereby agree that effective as of the ClosingTermination has not occurred, the Stockholders this Agreement shall terminate and be wholly without force or effect thereafter (it being understood and agreed that the Stockholders Agreement shall will remain in full force and effect in accordance with its terms until the effectiveness of the Closing)effect.

Termination of Stockholders Agreement. Pursuant to Section 11.3 of The Company and the Stockholders Agreementacknowledge and agree that, the Company and each of the Investors hereby agree that effective as of upon the Closing, the Stockholders Stockholders' Agreement shall automatically terminate and be wholly without of no further force or effect thereafter (it being understood effect, and agreed that neither the Company nor any of the Stockholders Agreement shall remain in full force and effect in accordance with its terms until the effectiveness of the Closing)have any further liability thereunder.

Termination of Stockholders Agreement. Pursuant to Section 11.3 of the Stockholders Agreement, the Company and each of the Investors Each Stockholder hereby agree agrees that effective as of the ClosingEffective Time, the Stockholders Agreement shall terminate with respect to the Company and shall be wholly without force or effect thereafter (it being understood and agreed that the Stockholders Agreement shall remain in full of no further force and effect in accordance with its terms until on the effectiveness of the Closing)Company.