Michigan Stockholder Support Agreement between Andrew H. Tompkins and Isle of Capri Casinos, Inc.

• Category: Corporations - Public - Stockholder
• State: Multi-State
• Control #: US-EG-9270
• Format: Word; Rich Text

Description

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. The Michigan Stockholder Support Agreement is a legally binding document between Andrew H. Tompkins and Isle of Capri Casinos, Inc., which outlines the terms and conditions under which Andrew H. Tompkins agrees to support the company as a stockholder. This agreement ensures that both parties, Andrew H. Tompkins as a stockholder and Isle of Capri Casinos, Inc. as a corporation, abide by the agreed-upon terms for their mutual benefit and protection. The agreement may vary depending on its specific type or purpose. Some variations of the Michigan Stockholder Support Agreement between Andrew H. Tompkins and Isle of Capri Casinos, Inc. include: 1. Voting Agreement: This type of agreement delineates Andrew H. Tompkins' commitment to vote in favor of specific corporate matters or resolutions proposed by Isle of Capri Casinos, Inc. during stockholder meetings or corporate decision-making processes. It ensures that Andrew H. Tompkins exercises his voting rights in alignment with the company's interests. 2. Share Transfer Agreement: This agreement outlines the conditions under which Andrew H. Tompkins may transfer or sell his shares of Isle of Capri Casinos, Inc. to third parties. It may include provisions related to preemptive rights, transfer restrictions, and consent requirements to safeguard the stability and control of the company's stock ownership. 3. Standstill Agreement: A standstill agreement restricts Andrew H. Tompkins from taking certain actions, such as acquiring additional shares in Isle of Capri Casinos, Inc., launching a hostile takeover bid, or participating in any activities that could potentially harm or disrupt the corporation's operations. Such an agreement ensures stability and protects Isle of Capri Casinos, Inc.'s interests. 4. Board Representation Agreement: In certain cases, the stockholder support agreement may grant Andrew H. Tompkins the right to appoint a representative to the board of directors of Isle of Capri Casinos, Inc., on specific conditions. This type of agreement enables Andrew H. Tompkins to have a voice in the company's strategic decisions and governance. The Michigan Stockholder Support Agreement between Andrew H. Tompkins and Isle of Capri Casinos, Inc. is pivotal in establishing a mutual understanding and cooperation between the stockholder and the corporation. By defining their rights, obligations, and expectations, this agreement ensures the smooth functioning and the realization of shared goals, ultimately benefiting both parties involved.

The Michigan Stockholder Support Agreement is a legally binding document between Andrew H. Tompkins and Isle of Capri Casinos, Inc., which outlines the terms and conditions under which Andrew H. Tompkins agrees to support the company as a stockholder. This agreement ensures that both parties, Andrew H. Tompkins as a stockholder and Isle of Capri Casinos, Inc. as a corporation, abide by the agreed-upon terms for their mutual benefit and protection. The agreement may vary depending on its specific type or purpose. Some variations of the Michigan Stockholder Support Agreement between Andrew H. Tompkins and Isle of Capri Casinos, Inc. include: 1. Voting Agreement: This type of agreement delineates Andrew H. Tompkins' commitment to vote in favor of specific corporate matters or resolutions proposed by Isle of Capri Casinos, Inc. during stockholder meetings or corporate decision-making processes. It ensures that Andrew H. Tompkins exercises his voting rights in alignment with the company's interests. 2. Share Transfer Agreement: This agreement outlines the conditions under which Andrew H. Tompkins may transfer or sell his shares of Isle of Capri Casinos, Inc. to third parties. It may include provisions related to preemptive rights, transfer restrictions, and consent requirements to safeguard the stability and control of the company's stock ownership. 3. Standstill Agreement: A standstill agreement restricts Andrew H. Tompkins from taking certain actions, such as acquiring additional shares in Isle of Capri Casinos, Inc., launching a hostile takeover bid, or participating in any activities that could potentially harm or disrupt the corporation's operations. Such an agreement ensures stability and protects Isle of Capri Casinos, Inc.'s interests. 4. Board Representation Agreement: In certain cases, the stockholder support agreement may grant Andrew H. Tompkins the right to appoint a representative to the board of directors of Isle of Capri Casinos, Inc., on specific conditions. This type of agreement enables Andrew H. Tompkins to have a voice in the company's strategic decisions and governance. The Michigan Stockholder Support Agreement between Andrew H. Tompkins and Isle of Capri Casinos, Inc. is pivotal in establishing a mutual understanding and cooperation between the stockholder and the corporation. By defining their rights, obligations, and expectations, this agreement ensures the smooth functioning and the realization of shared goals, ultimately benefiting both parties involved.