Franklin Ohio Stockholder Support Agreement between Andrew H. Tompkins and Isle of Capri Casinos, Inc.

• Category: Corporations - Public - Stockholder
• State: Multi-State
• County: Franklin
• 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. The Franklin Ohio 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 support and running of the stockholder affairs in Franklin, Ohio. This agreement serves as a strategic alliance between Andrew H. Tompkins, a prominent stockholder residing in Franklin, Ohio, and Isle of Capri Casinos, Inc., a renowned gaming and entertainment company. The primary purpose of this agreement is to establish a collaborative framework through which both parties can work in unison to achieve their respective goals and objectives. It provides a clear roadmap for the management of stockholder interests, ensuring transparency, accountability, and mutual benefit. Key provisions within the Franklin Ohio Stockholder Support Agreement include but are not limited to: 1. Voting and Decision-making: The agreement delineates the guidelines for stockholder voting and decision-making processes. It defines the thresholds required for major decisions and outlines the mechanisms for exercising voting rights. 2. Commitment to Support: Andrew H. Tompkins agrees to support Isle of Capri Casinos, Inc. in its endeavors related to stockholder matters. This includes advocating for the company's interests, attending meetings, and actively participating in discussions. 3. Share Transfer Restrictions: The agreement outlines any restrictions or limitations on the transfer of stock shares and the process required for obtaining necessary approvals. 4. Confidentiality: Both parties recognize the importance of confidentiality and agree to maintain the confidentiality of any proprietary information shared during the course of their partnership. 5. Termination and Enforcement: The agreement defines the conditions under which the agreement can be terminated, as well as the applicable remedies in case of breach or non-compliance. It is important to note that while the core components of the Franklin Ohio Stockholder Support Agreement remain consistent, there can be variations in its specific terms and conditions depending on the nature of the agreement. Different types of agreements may include variations such as: 1. Long-Term Support Agreement: This type of agreement may entail a longer-term commitment from Andrew H. Tompkins towards supporting Isle of Capri Casinos, Inc.'s stockholder affairs in Franklin, Ohio. 2. Exclusive Support Agreement: In some cases, the agreement may include exclusivity clauses, whereby Andrew H. Tompkins limits their support and involvement solely to Isle of Capri Casinos, Inc., thereby not engaging with any other competing entities. 3. Performance-Based Agreement: In certain instances, the agreement can incorporate performance-based incentives, ensuring that Andrew H. Tompkins actively supports the company's growth and achieves specific stockholder-oriented targets. Overall, the Franklin Ohio Stockholder Support Agreement demonstrates the commitment of both parties towards achieving stockholder satisfaction and aligning their interests in Franklin, Ohio. It serves as a vital legal document that establishes the foundation for a symbiotic relationship, ensuring the smooth operation and growth of stockholder affairs.

The Franklin Ohio 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 support and running of the stockholder affairs in Franklin, Ohio. This agreement serves as a strategic alliance between Andrew H. Tompkins, a prominent stockholder residing in Franklin, Ohio, and Isle of Capri Casinos, Inc., a renowned gaming and entertainment company. The primary purpose of this agreement is to establish a collaborative framework through which both parties can work in unison to achieve their respective goals and objectives. It provides a clear roadmap for the management of stockholder interests, ensuring transparency, accountability, and mutual benefit. Key provisions within the Franklin Ohio Stockholder Support Agreement include but are not limited to: 1. Voting and Decision-making: The agreement delineates the guidelines for stockholder voting and decision-making processes. It defines the thresholds required for major decisions and outlines the mechanisms for exercising voting rights. 2. Commitment to Support: Andrew H. Tompkins agrees to support Isle of Capri Casinos, Inc. in its endeavors related to stockholder matters. This includes advocating for the company's interests, attending meetings, and actively participating in discussions. 3. Share Transfer Restrictions: The agreement outlines any restrictions or limitations on the transfer of stock shares and the process required for obtaining necessary approvals. 4. Confidentiality: Both parties recognize the importance of confidentiality and agree to maintain the confidentiality of any proprietary information shared during the course of their partnership. 5. Termination and Enforcement: The agreement defines the conditions under which the agreement can be terminated, as well as the applicable remedies in case of breach or non-compliance. It is important to note that while the core components of the Franklin Ohio Stockholder Support Agreement remain consistent, there can be variations in its specific terms and conditions depending on the nature of the agreement. Different types of agreements may include variations such as: 1. Long-Term Support Agreement: This type of agreement may entail a longer-term commitment from Andrew H. Tompkins towards supporting Isle of Capri Casinos, Inc.'s stockholder affairs in Franklin, Ohio. 2. Exclusive Support Agreement: In some cases, the agreement may include exclusivity clauses, whereby Andrew H. Tompkins limits their support and involvement solely to Isle of Capri Casinos, Inc., thereby not engaging with any other competing entities. 3. Performance-Based Agreement: In certain instances, the agreement can incorporate performance-based incentives, ensuring that Andrew H. Tompkins actively supports the company's growth and achieves specific stockholder-oriented targets. Overall, the Franklin Ohio Stockholder Support Agreement demonstrates the commitment of both parties towards achieving stockholder satisfaction and aligning their interests in Franklin, Ohio. It serves as a vital legal document that establishes the foundation for a symbiotic relationship, ensuring the smooth operation and growth of stockholder affairs.