Waiver of Appraisal and Dissenters’ Rights. Stockholder hereby agrees not to commence or participate in, and to take all actions necessary to opt out of any class in any class action with respect to, any Action, derivative or otherwise, against Parent, Pxxxxx, or any of their respective Subsidiaries or successors: (i) challenging the validity of, or seeking to enjoin or delay the operation of, any provision of this Agreement or the Merger Agreement (including any claim seeking to enjoin or delay the Closing); or (ii) to the fullest extent permitted under applicable Law, alleging a breach of any duty of the board of directors of Pxxxxx or Parent in connection with the Merger Agreement, this Agreement, or the transactions contemplated thereby or hereby (other than, in each case, any Action relating solely to the Second Lien Term Loan).
Appears in 6 contracts
Samples: Voting and Lock Up Agreement (Nabors Industries LTD), Voting and Lock Up Agreement (Nabors Industries LTD), Voting and Lock Up Agreement (Nabors Industries LTD)