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 Wyoming Stockholder Support Agreement between Andrew H. Tompkins and Isle of Capri Casinos, Inc. is a legally binding document that outlines the terms and conditions agreed upon by both parties regarding the purchase, ownership, and management of stock in the company. This agreement ensures the protection of the rights and interests of the stockholder, Andrew H. Tompkins, and establishes certain obligations and responsibilities for Isle of Capri Casinos, Inc. Key provisions within this agreement include the transfer of stock ownership, the exercise of voting rights, dividend distributions, and the handling of any future stock issuance. It also outlines the process for resolving disputes, protecting confidential information, and enforcing the terms of the agreement. The Wyoming Stockholder Support Agreement can be categorized into different types based on specific terms and conditions. Some potential variations may include: 1. Voting Agreement: This type of agreement may focus primarily on the exercise of voting rights, wherein Andrew H. Tompkins agrees to vote his stock in favor of certain matters specified by Isle of Capri Casinos, Inc., ensuring mutual support and alignment on important corporate decisions. 2. Transfer Restriction Agreement: This type of agreement may place limitations on the transfer of stock by Andrew H. Tompkins. It could outline restrictions on transferring stock to certain individuals or entities or require the stockholder to provide Isle of Capri Casinos, Inc. with a right of first refusal in case of any proposed stock transfers. 3. Buy-Sell Agreement: This type of agreement may come into effect in the event of certain triggering events, such as Andrew H. Tompkins' death, disability, or desire to sell their stock. It would establish a framework for Isle of Capri Casinos, Inc. to potentially purchase the stock at a predetermined price or facilitate the sale to a third party while adhering to certain protocols. 4. Stock Option Agreement: This type of agreement may grant Andrew H. Tompkins the option to purchase additional shares of stock from Isle of Capri Casinos, Inc. at a predetermined price within a specified period. This can provide the stockholder with the opportunity to increase their ownership stake in the company. The Wyoming Stockholder Support Agreement between Andrew H. Tompkins and Isle of Capri Casinos, Inc. is essential for ensuring a mutually beneficial relationship between the stockholder and the company. By establishing clear guidelines and obligations, it promotes transparency and protects the interests of both parties involved.
The Wyoming Stockholder Support Agreement between Andrew H. Tompkins and Isle of Capri Casinos, Inc. is a legally binding document that outlines the terms and conditions agreed upon by both parties regarding the purchase, ownership, and management of stock in the company. This agreement ensures the protection of the rights and interests of the stockholder, Andrew H. Tompkins, and establishes certain obligations and responsibilities for Isle of Capri Casinos, Inc. Key provisions within this agreement include the transfer of stock ownership, the exercise of voting rights, dividend distributions, and the handling of any future stock issuance. It also outlines the process for resolving disputes, protecting confidential information, and enforcing the terms of the agreement. The Wyoming Stockholder Support Agreement can be categorized into different types based on specific terms and conditions. Some potential variations may include: 1. Voting Agreement: This type of agreement may focus primarily on the exercise of voting rights, wherein Andrew H. Tompkins agrees to vote his stock in favor of certain matters specified by Isle of Capri Casinos, Inc., ensuring mutual support and alignment on important corporate decisions. 2. Transfer Restriction Agreement: This type of agreement may place limitations on the transfer of stock by Andrew H. Tompkins. It could outline restrictions on transferring stock to certain individuals or entities or require the stockholder to provide Isle of Capri Casinos, Inc. with a right of first refusal in case of any proposed stock transfers. 3. Buy-Sell Agreement: This type of agreement may come into effect in the event of certain triggering events, such as Andrew H. Tompkins' death, disability, or desire to sell their stock. It would establish a framework for Isle of Capri Casinos, Inc. to potentially purchase the stock at a predetermined price or facilitate the sale to a third party while adhering to certain protocols. 4. Stock Option Agreement: This type of agreement may grant Andrew H. Tompkins the option to purchase additional shares of stock from Isle of Capri Casinos, Inc. at a predetermined price within a specified period. This can provide the stockholder with the opportunity to increase their ownership stake in the company. The Wyoming Stockholder Support Agreement between Andrew H. Tompkins and Isle of Capri Casinos, Inc. is essential for ensuring a mutually beneficial relationship between the stockholder and the company. By establishing clear guidelines and obligations, it promotes transparency and protects the interests of both parties involved.