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 New Jersey Stockholder Support Agreement between Andrew H. Tompkins and Isle of Capri Casinos, Inc. is a legally binding contract that outlines the terms and conditions of a partnership between the two parties. This agreement is specific to the state of New Jersey, ensuring compliance with local laws and regulations. By having this written agreement, both parties can establish a clear understanding of their respective roles, responsibilities, and obligations, protecting their interests throughout their collaboration. Key provisions and details included in the New Jersey Stockholder Support Agreement may vary depending on the specific type or purpose of the agreement. Different types of New Jersey Stockholder Support Agreements between Andrew H. Tompkins and Isle of Capri Casinos, Inc. may include: 1. Majority Stockholder Support Agreement: This type of agreement ensures that Andrew H. Tompkins, as a majority stockholder, provides support to Isle of Capri Casinos, Inc. decisions or actions that require stockholder approval. It specifies the necessary percentage or number of votes required from Andrew H. Tompkins to validate such company decisions. 2. Voting Agreement: This agreement outlines specific procedures and regulations concerning the voting rights and responsibilities of Andrew H. Tompkins as a stockholder in Isle of Capri Casinos, Inc. It clarifies how voting will be conducted, the requirements for valid votes, and how decisions will be implemented based on the majority or unanimous support of the stockholders. 3. Buy-Sell Agreement: A Buy-Sell Agreement defines the terms under which Andrew H. Tompkins has the right or obligation to buy or sell his stock in Isle of Capri Casinos, Inc. This detailed agreement typically covers circumstances such as death, disability, divorce, or retirement, providing a clear framework for stock transactions to protect the interests of both parties. 4. Stock Restriction Agreement: This agreement outlines certain restrictions that apply to Andrew H. Tompkins' ownership of stock in Isle of Capri Casinos, Inc. It may limit the transfer of stock, impose conditions for sale or transfer, or outline procedures for issuing additional stock. The Stock Restriction Agreement helps protect the stability and integrity of the company's stock ownership structure. 5. Dividend Support Agreement: In this type of agreement, Andrew H. Tompkins may commit to support Isle of Capri Casinos, Inc.'s decision regarding dividend declarations and distributions. The agreement might require a certain level of stock ownership or specify the circumstances under which such support is applicable. By having different types of New Jersey Stockholder Support Agreements in place, Andrew H. Tompkins and Isle of Capri Casinos, Inc. can navigate the complexities of stock ownership, ensure smooth decision-making processes, and safeguard their interests within the framework of New Jersey's legal and regulatory requirements.
The New Jersey Stockholder Support Agreement between Andrew H. Tompkins and Isle of Capri Casinos, Inc. is a legally binding contract that outlines the terms and conditions of a partnership between the two parties. This agreement is specific to the state of New Jersey, ensuring compliance with local laws and regulations. By having this written agreement, both parties can establish a clear understanding of their respective roles, responsibilities, and obligations, protecting their interests throughout their collaboration. Key provisions and details included in the New Jersey Stockholder Support Agreement may vary depending on the specific type or purpose of the agreement. Different types of New Jersey Stockholder Support Agreements between Andrew H. Tompkins and Isle of Capri Casinos, Inc. may include: 1. Majority Stockholder Support Agreement: This type of agreement ensures that Andrew H. Tompkins, as a majority stockholder, provides support to Isle of Capri Casinos, Inc. decisions or actions that require stockholder approval. It specifies the necessary percentage or number of votes required from Andrew H. Tompkins to validate such company decisions. 2. Voting Agreement: This agreement outlines specific procedures and regulations concerning the voting rights and responsibilities of Andrew H. Tompkins as a stockholder in Isle of Capri Casinos, Inc. It clarifies how voting will be conducted, the requirements for valid votes, and how decisions will be implemented based on the majority or unanimous support of the stockholders. 3. Buy-Sell Agreement: A Buy-Sell Agreement defines the terms under which Andrew H. Tompkins has the right or obligation to buy or sell his stock in Isle of Capri Casinos, Inc. This detailed agreement typically covers circumstances such as death, disability, divorce, or retirement, providing a clear framework for stock transactions to protect the interests of both parties. 4. Stock Restriction Agreement: This agreement outlines certain restrictions that apply to Andrew H. Tompkins' ownership of stock in Isle of Capri Casinos, Inc. It may limit the transfer of stock, impose conditions for sale or transfer, or outline procedures for issuing additional stock. The Stock Restriction Agreement helps protect the stability and integrity of the company's stock ownership structure. 5. Dividend Support Agreement: In this type of agreement, Andrew H. Tompkins may commit to support Isle of Capri Casinos, Inc.'s decision regarding dividend declarations and distributions. The agreement might require a certain level of stock ownership or specify the circumstances under which such support is applicable. By having different types of New Jersey Stockholder Support Agreements in place, Andrew H. Tompkins and Isle of Capri Casinos, Inc. can navigate the complexities of stock ownership, ensure smooth decision-making processes, and safeguard their interests within the framework of New Jersey's legal and regulatory requirements.