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

• Category: Corporations - Public - Stockholder
• State: Multi-State
• County: Dallas
• 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. Dallas Texas Stockholder Support Agreement between Andrew H. Tompkins and Isle of Capri Casinos, Inc. is a legally binding document that outlines the terms and conditions regarding stockholder support in the context of a corporate agreement. This agreement is specific to the jurisdiction of Dallas, Texas, and involves a significant shareholder, Andrew H. Tompkins, and Isle of Capri Casinos, Inc., a prominent gaming and entertainment company. The purpose of this Stockholder Support Agreement is to establish a mutual understanding and cooperation between Andrew H. Tompkins and the Isle of Capri Casinos, Inc. in relation to stockholder voting and support during various corporate actions, such as mergers, acquisitions, joint ventures, and other transactions. The agreement delineates the rights, obligations, and responsibilities of both parties regarding their respective shares and interests in the company. This agreement includes several important clauses and provisions that govern the relationship between the stockholder (Andrew H. Tompkins) and the company (Isle of Capri Casinos, Inc.). These may include: 1. Voting Commitment: Andrew H. Tompkins agrees to vote or act in accordance with the recommendations or instructions provided by the board of directors or the majority stockholders of Isle of Capri Casinos, Inc., in matters requiring shareholder approval. This commitment allows the company to ensure a united front during critical decision-making processes. 2. Shares Lock-up: This provision restricts Andrew H. Tompkins from selling, transferring, or disposing of his shares in Isle of Capri Casinos, Inc. for a specified period. Usually, this ensures stability and minimizes disruptions during sensitive corporate events. 3. Proxy Grants: Andrew H. Tompkins may grant the company the power of attorney, authorizing them to vote on his behalf during various shareholder meetings or actions, should he be unable to attend or vote personally. 4. Confidentiality: Both parties are required to maintain the confidentiality of any sensitive information they gain access to during the course of the agreement. This ensures the protection of company resources, trade secrets, and any other proprietary information disclosed by either party. 5. Termination: The agreement may outline the circumstances under which the Stockholder Support Agreement can be terminated, such as the achievement of a specific corporate event, the passage of a specific time frame, or mutual agreement between the parties. It is worth noting that various types of Stockholder Support Agreements can be customized to tailor specific requirements and objectives. For instance, there may be agreements with different durations (short-term or long-term), agreements specific to certain transactions (merger-specific or acquisition-specific), or agreements that address specific circumstances unique to a particular situation. These different types of Stockholder Support Agreements accommodate the specific needs and intricacies of a given corporate transaction or ongoing relationship between the stockholder and the company.

Dallas Texas Stockholder Support Agreement between Andrew H. Tompkins and Isle of Capri Casinos, Inc. is a legally binding document that outlines the terms and conditions regarding stockholder support in the context of a corporate agreement. This agreement is specific to the jurisdiction of Dallas, Texas, and involves a significant shareholder, Andrew H. Tompkins, and Isle of Capri Casinos, Inc., a prominent gaming and entertainment company. The purpose of this Stockholder Support Agreement is to establish a mutual understanding and cooperation between Andrew H. Tompkins and the Isle of Capri Casinos, Inc. in relation to stockholder voting and support during various corporate actions, such as mergers, acquisitions, joint ventures, and other transactions. The agreement delineates the rights, obligations, and responsibilities of both parties regarding their respective shares and interests in the company. This agreement includes several important clauses and provisions that govern the relationship between the stockholder (Andrew H. Tompkins) and the company (Isle of Capri Casinos, Inc.). These may include: 1. Voting Commitment: Andrew H. Tompkins agrees to vote or act in accordance with the recommendations or instructions provided by the board of directors or the majority stockholders of Isle of Capri Casinos, Inc., in matters requiring shareholder approval. This commitment allows the company to ensure a united front during critical decision-making processes. 2. Shares Lock-up: This provision restricts Andrew H. Tompkins from selling, transferring, or disposing of his shares in Isle of Capri Casinos, Inc. for a specified period. Usually, this ensures stability and minimizes disruptions during sensitive corporate events. 3. Proxy Grants: Andrew H. Tompkins may grant the company the power of attorney, authorizing them to vote on his behalf during various shareholder meetings or actions, should he be unable to attend or vote personally. 4. Confidentiality: Both parties are required to maintain the confidentiality of any sensitive information they gain access to during the course of the agreement. This ensures the protection of company resources, trade secrets, and any other proprietary information disclosed by either party. 5. Termination: The agreement may outline the circumstances under which the Stockholder Support Agreement can be terminated, such as the achievement of a specific corporate event, the passage of a specific time frame, or mutual agreement between the parties. It is worth noting that various types of Stockholder Support Agreements can be customized to tailor specific requirements and objectives. For instance, there may be agreements with different durations (short-term or long-term), agreements specific to certain transactions (merger-specific or acquisition-specific), or agreements that address specific circumstances unique to a particular situation. These different types of Stockholder Support Agreements accommodate the specific needs and intricacies of a given corporate transaction or ongoing relationship between the stockholder and the company.