Stockholder Support Agreement between Andrew H. Tompkins and Isle of Capri Casinos, Inc. regarding Buyer and Merger Sub entering into merger agreement dated October 5, 1999. 8 pages.
A Stockholder Support Agreement is a legally-binding document between a stockholder and a company, providing assurance and commitment in relation to certain matters. In the case of San Jose California and specifically involving Andrew H. Tompkins and Isle of Capri Casinos, Inc., the Stockholder Support Agreement outlines the details and terms of their agreement. San Jose, California serves as the backdrop for this agreement, being the location where the agreement is being executed. It is a city located in the heart of Silicon Valley, renowned for its thriving technology industry, diverse culture, and beautiful weather. The city offers a multitude of business opportunities, making it an ideal setting for negotiations between stockholders and companies. The Stockholder Support Agreement between Andrew H. Tompkins and Isle of Capri Casinos, Inc. is designed to ensure mutual cooperation and support in achieving common objectives and maximizing shareholder value. It covers a range of important aspects, such as voting rights, decision-making processes, and financial matters. Some key elements that may be included in different types of San Jose, California Stockholder Support Agreements are: 1. Voting Rights: The agreement may stipulate how voting rights are allocated among shareholders, including any special voting provisions or requirements for certain decisions. It may also define the parties' actions in the event of a proxy vote. 2. Board Representation: The agreement may outline the stockholder's right to appoint representatives to the company's board of directors, the procedure for selecting these representatives, and their respective roles and responsibilities. 3. Acquisition or Merger Considerations: If applicable, the agreement may address provisions for the company's acquisition, merger, or sale. This can include detailing the process for evaluating offers, the criteria for accepting or rejecting them, and any protective measures that need to be taken to safeguard shareholder interests. 4. Share Transfer Restrictions: The agreement may include restrictions on the sale or transfer of shares held by the stockholder. These can be designed to maintain stability within the company or to safeguard proprietary information and trade secrets. 5. Confidentiality and Non-Disclosure: To protect the company's sensitive information, the agreement may require the stockholder to maintain confidentiality and prohibit the disclosure of confidential information to third parties. This provision ensures the integrity and security of the company's operations. 6. Termination and Dispute Resolution: The agreement may address the circumstances under which the agreement can be terminated, such as the occurrence of a specific event or a breach of terms. Additionally, it may indicate the preferred method for resolving disputes, such as mediation or arbitration, to minimize legal conflicts and expenses. Other variations of the San Jose, California Stockholder Support Agreement may exist depending on the specific circumstances of the parties involved. Each agreement is tailored to address the unique needs and objectives of the stockholder and the company, ensuring a solid foundation for their working relationship and collaborative efforts.
A Stockholder Support Agreement is a legally-binding document between a stockholder and a company, providing assurance and commitment in relation to certain matters. In the case of San Jose California and specifically involving Andrew H. Tompkins and Isle of Capri Casinos, Inc., the Stockholder Support Agreement outlines the details and terms of their agreement. San Jose, California serves as the backdrop for this agreement, being the location where the agreement is being executed. It is a city located in the heart of Silicon Valley, renowned for its thriving technology industry, diverse culture, and beautiful weather. The city offers a multitude of business opportunities, making it an ideal setting for negotiations between stockholders and companies. The Stockholder Support Agreement between Andrew H. Tompkins and Isle of Capri Casinos, Inc. is designed to ensure mutual cooperation and support in achieving common objectives and maximizing shareholder value. It covers a range of important aspects, such as voting rights, decision-making processes, and financial matters. Some key elements that may be included in different types of San Jose, California Stockholder Support Agreements are: 1. Voting Rights: The agreement may stipulate how voting rights are allocated among shareholders, including any special voting provisions or requirements for certain decisions. It may also define the parties' actions in the event of a proxy vote. 2. Board Representation: The agreement may outline the stockholder's right to appoint representatives to the company's board of directors, the procedure for selecting these representatives, and their respective roles and responsibilities. 3. Acquisition or Merger Considerations: If applicable, the agreement may address provisions for the company's acquisition, merger, or sale. This can include detailing the process for evaluating offers, the criteria for accepting or rejecting them, and any protective measures that need to be taken to safeguard shareholder interests. 4. Share Transfer Restrictions: The agreement may include restrictions on the sale or transfer of shares held by the stockholder. These can be designed to maintain stability within the company or to safeguard proprietary information and trade secrets. 5. Confidentiality and Non-Disclosure: To protect the company's sensitive information, the agreement may require the stockholder to maintain confidentiality and prohibit the disclosure of confidential information to third parties. This provision ensures the integrity and security of the company's operations. 6. Termination and Dispute Resolution: The agreement may address the circumstances under which the agreement can be terminated, such as the occurrence of a specific event or a breach of terms. Additionally, it may indicate the preferred method for resolving disputes, such as mediation or arbitration, to minimize legal conflicts and expenses. Other variations of the San Jose, California Stockholder Support Agreement may exist depending on the specific circumstances of the parties involved. Each agreement is tailored to address the unique needs and objectives of the stockholder and the company, ensuring a solid foundation for their working relationship and collaborative efforts.