Minnesota 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. Title: Understanding the Minnesota Stockholder Support Agreement between Andrew H. Tompkins and Isle of Capri Casinos, Inc. Keywords: Minnesota Stockholder Support Agreement, Andrew H. Tompkins, Isle of Capri Casinos, Inc. Introduction: The Minnesota Stockholder Support Agreement is a legally binding contract entered into by Andrew H. Tompkins and Isle of Capri Casinos, Inc. In this article, we will delve into the details of this agreement, its purpose, and potential variations thereof. 1. Definition and Purpose: The Minnesota Stockholder Support Agreement is a document commonly used in corporate transactions, particularly mergers and acquisitions. This agreement outlines the terms and conditions under which the stockholder, Andrew H. Tompkins, agrees to support the proposed transaction involving Isle of Capri Casinos, Inc. The agreement acts as a safeguard for both parties and ensures that the shareholder's interests are protected during the transaction process. 2. Parties Involved: a. Andrew H. Tompkins: Andrew H. Tompkins is the stockholder who holds shares in Isle of Capri Casinos, Inc., and he is a key party to the agreement. b. Isle of Capri Casinos, Inc.: Isle of Capri Casinos, Inc. is the corporation initiating the transaction, and they are the counterparty to the agreement. 3. Agreement Variations: The Minnesota Stockholder Support Agreement may have different types or sub-categories, depending on the specifics of the transaction or the preferences of the involved parties. Some potential types of agreements include: a. Voting Agreement: This type of agreement focuses on the voting rights of the stockholder during the transaction, specifying how the stockholder will vote their shares. b. Lock-Up Agreement: A lock-up agreement restricts the stockholder from selling their shares for a specific duration, ensuring stability and certainty for the acquiring party. c. Tender Support Agreement: This agreement commits the stockholder to tender their shares to the acquiring party during a tender offer, securing the necessary shareholder approval. Conclusion: The Minnesota Stockholder Support Agreement is a critical component of corporate transactions, providing a framework for the cooperation and support of stockholders during mergers and acquisitions. Andrew H. Tompkins, as a stockholder, plays an essential role in ensuring the success and smooth execution of the transaction involving Isle of Capri Casinos, Inc. Different variations of this agreement, such as voting agreements, lock-up agreements, and tender support agreements, may arise depending on the specific circumstances of the transaction.

Title: Understanding the Minnesota Stockholder Support Agreement between Andrew H. Tompkins and Isle of Capri Casinos, Inc. Keywords: Minnesota Stockholder Support Agreement, Andrew H. Tompkins, Isle of Capri Casinos, Inc. Introduction: The Minnesota Stockholder Support Agreement is a legally binding contract entered into by Andrew H. Tompkins and Isle of Capri Casinos, Inc. In this article, we will delve into the details of this agreement, its purpose, and potential variations thereof. 1. Definition and Purpose: The Minnesota Stockholder Support Agreement is a document commonly used in corporate transactions, particularly mergers and acquisitions. This agreement outlines the terms and conditions under which the stockholder, Andrew H. Tompkins, agrees to support the proposed transaction involving Isle of Capri Casinos, Inc. The agreement acts as a safeguard for both parties and ensures that the shareholder's interests are protected during the transaction process. 2. Parties Involved: a. Andrew H. Tompkins: Andrew H. Tompkins is the stockholder who holds shares in Isle of Capri Casinos, Inc., and he is a key party to the agreement. b. Isle of Capri Casinos, Inc.: Isle of Capri Casinos, Inc. is the corporation initiating the transaction, and they are the counterparty to the agreement. 3. Agreement Variations: The Minnesota Stockholder Support Agreement may have different types or sub-categories, depending on the specifics of the transaction or the preferences of the involved parties. Some potential types of agreements include: a. Voting Agreement: This type of agreement focuses on the voting rights of the stockholder during the transaction, specifying how the stockholder will vote their shares. b. Lock-Up Agreement: A lock-up agreement restricts the stockholder from selling their shares for a specific duration, ensuring stability and certainty for the acquiring party. c. Tender Support Agreement: This agreement commits the stockholder to tender their shares to the acquiring party during a tender offer, securing the necessary shareholder approval. Conclusion: The Minnesota Stockholder Support Agreement is a critical component of corporate transactions, providing a framework for the cooperation and support of stockholders during mergers and acquisitions. Andrew H. Tompkins, as a stockholder, plays an essential role in ensuring the success and smooth execution of the transaction involving Isle of Capri Casinos, Inc. Different variations of this agreement, such as voting agreements, lock-up agreements, and tender support agreements, may arise depending on the specific circumstances of the transaction.