Los Angeles California Stockholder Support Agreement between Andrew H. Tompkins and Isle of Capri Casinos, Inc.

• Category: Corporations - Public - Stockholder
• State: Multi-State
• County: Los Angeles
• 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. A Los Angeles California Stockholder Support Agreement is a legally binding document between Andrew H. Tompkins and Isle of Capri Casinos, Inc. It outlines the terms and conditions governing the support provided by Tompkins as a stockholder of the company. The agreement aims to solidify the relationship between the stockholder and the corporation while protecting the interests of both parties involved. This agreement typically includes various crucial aspects and can be differentiated based on its types: 1. Voting Support Agreement: This type of stockholder support agreement focuses on the stockholder's commitment to vote in favor of specific corporate actions proposed by the company's board of directors. Andrew H. Tompkins commits to supporting Isle of Capri Casinos, Inc. by casting his vote in line with the company's objectives and strategies. This ensures a unified front and strengthens the company's decision-making process. 2. Tender Support Agreement: In a tender offer situation, this type of agreement is designed to secure support from key stockholders like Andrew H. Tompkins. By entering into this agreement, Tompkins commits to tendering his shares in favor of Isle of Capri Casinos, Inc. during any potential acquisition or merger proposed by the company or a third party. 3. Proxy Support Agreement: This type of agreement allows Andrew H. Tompkins to grant his proxy to Isle of Capri Casinos, Inc. so that the company can exercise Tompkins' voting rights. By signing this agreement, Tompkins agrees to delegate his voting authority, commonly through a proxy card or power of attorney, to the company, allowing them to vote on his behalf during stockholder meetings or other important corporate matters. 4. Shareholder Agreement with Stockholder Support: This comprehensive agreement combines elements of both a stockholder support commitment and a broader shareholder agreement. Along with pledging support, Andrew H. Tompkins and Isle of Capri Casinos, Inc. can also include provisions covering a wide range of topics, such as governance structure, stock transfers, board representation, dividend policies, and dispute resolution mechanisms. This type of agreement helps establish a more comprehensive and long-term understanding between both parties. The Los Angeles California Stockholder Support Agreement between Andrew H. Tompkins and Isle of Capri Casinos, Inc. is crucial for ensuring a cooperative relationship and aligning interests between the stockholder and the corporation. It provides the company with increased stability and confidence, while protecting the stockholder's rights and investments.

A Los Angeles California Stockholder Support Agreement is a legally binding document between Andrew H. Tompkins and Isle of Capri Casinos, Inc. It outlines the terms and conditions governing the support provided by Tompkins as a stockholder of the company. The agreement aims to solidify the relationship between the stockholder and the corporation while protecting the interests of both parties involved. This agreement typically includes various crucial aspects and can be differentiated based on its types: 1. Voting Support Agreement: This type of stockholder support agreement focuses on the stockholder's commitment to vote in favor of specific corporate actions proposed by the company's board of directors. Andrew H. Tompkins commits to supporting Isle of Capri Casinos, Inc. by casting his vote in line with the company's objectives and strategies. This ensures a unified front and strengthens the company's decision-making process. 2. Tender Support Agreement: In a tender offer situation, this type of agreement is designed to secure support from key stockholders like Andrew H. Tompkins. By entering into this agreement, Tompkins commits to tendering his shares in favor of Isle of Capri Casinos, Inc. during any potential acquisition or merger proposed by the company or a third party. 3. Proxy Support Agreement: This type of agreement allows Andrew H. Tompkins to grant his proxy to Isle of Capri Casinos, Inc. so that the company can exercise Tompkins' voting rights. By signing this agreement, Tompkins agrees to delegate his voting authority, commonly through a proxy card or power of attorney, to the company, allowing them to vote on his behalf during stockholder meetings or other important corporate matters. 4. Shareholder Agreement with Stockholder Support: This comprehensive agreement combines elements of both a stockholder support commitment and a broader shareholder agreement. Along with pledging support, Andrew H. Tompkins and Isle of Capri Casinos, Inc. can also include provisions covering a wide range of topics, such as governance structure, stock transfers, board representation, dividend policies, and dispute resolution mechanisms. This type of agreement helps establish a more comprehensive and long-term understanding between both parties. The Los Angeles California Stockholder Support Agreement between Andrew H. Tompkins and Isle of Capri Casinos, Inc. is crucial for ensuring a cooperative relationship and aligning interests between the stockholder and the corporation. It provides the company with increased stability and confidence, while protecting the stockholder's rights and investments.