Supporting Stockholder definition
Examples of Supporting Stockholder in a sentence
The Supporting Stockholder, in his, her or its discretion, shall be entitled to vote all of the Supporting Stockholder’s shares of Acuren Common Stock which are no longer subject to this Agreement as a result of this Section 1(c) in any manner the Supporting Stockholder chooses.
Supporting Stockholder shall be not liable for claims, losses, damages, expenses and other liabilities or obligations resulting from or related to breaches of the Merger Agreement by NV5.
The undersigned further acknowledges, agrees and confirms, by execution hereof, to become and to be deemed a party to, to adhere to and to be bound by the terms and provisions of the Agreement as a Supporting Stockholder party thereto and to have all of the rights and obligations of a Supporting Stockholder thereunder as of the date of the Transfer.
This Agreement (a) constitutes the entire agreement, and supersedes all prior agreements and understandings, both written and oral, between the parties with respect to the matters related herein and (b) is not intended to confer upon any Person other than the parties any rights or remedies; provided, however, that the Lender is an express third-party beneficiary of this Agreement and may directly enforce each of the covenants and agreements of the Supporting Stockholder under this Agreement .
From time to time, at the Company’s request and without further consideration, the Supporting Stockholder shall execute and deliver such additional documents and take all such further action as may be reasonably necessary or reasonably requested to effect the actions and consummate the transactions contemplated by this Agreement.
This Agreement may not be amended, modified or supplemented in any manner, whether by course of conduct or otherwise, except by an instrument in writing signed the Company and the Supporting Stockholder.
All of the Existing Shares are, as of the date hereof, held directly by the Supporting Stockholder.
As of the date hereof, other than Supporting Stockholder’s Owned Shares, Supporting Stockholder does not own beneficially or of record any shares of capital stock of Acuren (or any Equity Securities convertible into or exchangeable or exercisable for shares of capital stock of Acuren).
All rights, ownership and economic benefits of and relating to the Covered Shares shall remain vested in and belong to the Supporting Stockholder, and the Company shall have no authority to exercise any power or authority to direct the Supporting Stockholder in the voting of any of the Covered Shares, except as otherwise provided herein.
The Supporting Stockholder will promptly provide any information reasonably requested by the Company for any regulatory application or filing made or approval sought in connection with the Transactions (including filings with the Securities and Exchange Commission).