Common use of Termination of Stockholders Agreement Clause in Contracts

Termination of Stockholders Agreement. The Company and the Stockholders acknowledge and agree that immediately upon the Effective Time and without further action of any Person, the Stockholders’ Agreement shall terminate and be of no further force or effect.

Termination of Stockholders Agreement. The Company and the Stockholders acknowledge and agree that immediately that, effective upon the Effective Time and without further action of any PersonClosing, the Stockholders’ ' Agreement shall automatically terminate and be of no further force or effect, and neither the Company nor any of the Stockholders shall have any further liability thereunder.

Termination of Stockholders Agreement. The Company and Each Stockholder hereby agrees that as of the Effective Time, the Stockholders acknowledge and agree that immediately upon the Effective Time and without further action of any Person, the Stockholders’ Agreement shall terminate with respect to the Company and shall be of no further force or effectand effect on the Company.

Termination of Stockholders Agreement. The Effective as of the Closing, the Company and the Stockholders acknowledge and agree that immediately upon the Effective Time and without further action of any Person, Executives shall have terminated the Stockholders’ Agreement shall terminate and be of no further force or effectAgreement.

Termination of Stockholders Agreement. The Company At the Effective Time, each ------------------------------------- of the Stockholders and the Stockholders acknowledge and Company hereby agree that immediately upon the Effective Time and without further action of any PersonStockholders Agreement shall be terminated in its entirety, the Stockholders’ Agreement rights, duties, and obligations of the parties thereto shall terminate be extinguished, and be none of no further its provisions shall continue to have any force or and effect.

Termination of Stockholders Agreement. The Company and each of the Stockholders Management Shareholders hereby acknowledge and agree that immediately upon effective as of the Effective Time and without further action of any PersonClosing, the Stockholders’ Stockholders Agreement shall terminate and be of no further wholly without force or effecteffect 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. The Company Contingent upon and effective immediately prior to the Stockholders acknowledge and agree that immediately upon closing of shares of Common Stock in the Effective Time and without further action of any PersonIPO, the parties hereto hereby terminate the Stockholders’ Agreement shall terminate and in all respects, which thereafter will be of no further force or and effect; provided, however, that, if and so long as the Event of Termination has not occurred, this Agreement will remain in full force and effect.