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 North Carolina Stockholder Support Agreement is a legally binding document that outlines the terms and conditions of a partnership or agreement between Andrew H. Tompkins and Isle of Capri Casinos, Inc. In this agreement, Tompkins, as a stockholder, agrees to provide support to the company based on certain conditions and considerations. The agreement aims to establish a clear understanding between the parties involved, ensuring that their rights and obligations are defined and protected. By entering into this agreement, both parties mitigate the risk of miscommunication or misunderstanding, fostering a mutually beneficial working relationship. North Carolina law governs this type of agreement. There may be different types of Stockholder Support Agreements specific to North Carolina and tailored to the unique needs of Andrew H. Tompkins and Isle of Capri Casinos, Inc. Some key types include: 1. Voting Agreement: This type of agreement focuses on voting rights and obligations. It outlines how Andrew H. Tompkins will exercise their voting rights as a stockholder and any limitations or conditions imposed by Isle of Capri Casinos, Inc. 2. Non-Compete Agreement: In scenarios where Andrew H. Tompkins also operates in the same industry or has a competing business, this agreement may include provisions prohibiting them from engaging in activities that could potentially harm Isle of Capri Casinos, Inc. or disclose sensitive information. 3. Shareholder Rights Agreement: This type of agreement focuses on protecting the rights and privileges of stockholders. It may specify the dividend distribution process, the right to inspect company records, preemptive rights, and any restrictions on transferring shares. 4. Board Seat Agreement: If Andrew H. Tompkins has been granted a seat on the board of directors, this agreement outlines the rights, responsibilities, and obligations associated with this position. It may include expectations regarding attendance, voting on key corporate decisions, and confidential information handling. 5. Buy-Sell Agreement: This type of agreement addresses situations when Andrew H. Tompkins wishes to sell their stock or when Isle of Capri Casinos, Inc. wants to repurchase stock. It defines the terms, conditions, and valuation methods for such transactions. In summary, a North Carolina Stockholder Support Agreement between Andrew H. Tompkins and Isle of Capri Casinos, Inc. is a legally binding agreement that establishes the terms, conditions, and obligations between the stockholder and the company. It aims to protect the rights of both parties and foster a mutually beneficial working relationship.
A North Carolina Stockholder Support Agreement is a legally binding document that outlines the terms and conditions of a partnership or agreement between Andrew H. Tompkins and Isle of Capri Casinos, Inc. In this agreement, Tompkins, as a stockholder, agrees to provide support to the company based on certain conditions and considerations. The agreement aims to establish a clear understanding between the parties involved, ensuring that their rights and obligations are defined and protected. By entering into this agreement, both parties mitigate the risk of miscommunication or misunderstanding, fostering a mutually beneficial working relationship. North Carolina law governs this type of agreement. There may be different types of Stockholder Support Agreements specific to North Carolina and tailored to the unique needs of Andrew H. Tompkins and Isle of Capri Casinos, Inc. Some key types include: 1. Voting Agreement: This type of agreement focuses on voting rights and obligations. It outlines how Andrew H. Tompkins will exercise their voting rights as a stockholder and any limitations or conditions imposed by Isle of Capri Casinos, Inc. 2. Non-Compete Agreement: In scenarios where Andrew H. Tompkins also operates in the same industry or has a competing business, this agreement may include provisions prohibiting them from engaging in activities that could potentially harm Isle of Capri Casinos, Inc. or disclose sensitive information. 3. Shareholder Rights Agreement: This type of agreement focuses on protecting the rights and privileges of stockholders. It may specify the dividend distribution process, the right to inspect company records, preemptive rights, and any restrictions on transferring shares. 4. Board Seat Agreement: If Andrew H. Tompkins has been granted a seat on the board of directors, this agreement outlines the rights, responsibilities, and obligations associated with this position. It may include expectations regarding attendance, voting on key corporate decisions, and confidential information handling. 5. Buy-Sell Agreement: This type of agreement addresses situations when Andrew H. Tompkins wishes to sell their stock or when Isle of Capri Casinos, Inc. wants to repurchase stock. It defines the terms, conditions, and valuation methods for such transactions. In summary, a North Carolina Stockholder Support Agreement between Andrew H. Tompkins and Isle of Capri Casinos, Inc. is a legally binding agreement that establishes the terms, conditions, and obligations between the stockholder and the company. It aims to protect the rights of both parties and foster a mutually beneficial working relationship.