Common use of Waivers and Further Agreements Clause in Contracts

Waivers and Further Agreements. Any of the provisions of this Agreement may be waived by an instrument in writing with the consent of the party or parties whose rights are being waived and in the event the rights of the Investor are being waived, with the consent of the holders of a majority in interest of the Converted Shares. Any waiver of a breach of any provision of this Agreement shall not operate or be construed as a waiver of any subsequent breach of that provision or of any other provision hereof. Each of the parties hereto agrees to execute all such further instruments and documents and to take all such further action as any other party may reasonably require in order to effectuate the terms and purposes of this Agreement.

Appears in 2 contracts

Samples: Incentive Stock Option Agreement (Cisco Systems Inc), Non Qualified Stock Option Agreement (Cisco Systems Inc)

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Waivers and Further Agreements. Any of the provisions of this Agreement may be waived by an instrument in writing with the consent of the party or parties whose rights are being waived and in the event the rights of the Investor Investors are being waived, with the consent of the holders of at least a majority in interest of the Converted SharesPurchased Shares that have not been sold to the public. Any waiver of a breach of any provision of this Agreement shall not operate or be construed as a waiver of any subsequent breach of that provision or of any other provision hereof. Each of the parties hereto agrees to execute all such further instruments and documents and to take all such further action as any other party may reasonably require in order to effectuate the terms and purposes of this Agreement.

Appears in 2 contracts

Samples: Stockholders Agreement (Viagrafix Corp), Stockholders Agreement (Viagrafix Corp)

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