Maricopa Arizona Stockholder Support Agreement between Andrew H. Tompkins and Isle of Capri Casinos, Inc.

• Category: Corporations - Public - Stockholder
• State: Multi-State
• County: Maricopa
• 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 Maricopa Arizona Stockholder Support Agreement is a legally binding contract between Andrew H. Tompkins and Isle of Capri Casinos, Inc., which outlines the terms and conditions for stockholder support in relation to the operations and affairs of the company. This agreement is crucial in ensuring transparency, accountability, and shareholder protection. Andrew H. Tompkins, as a stockholder, agrees to support Isle of Capri Casinos, Inc. by promoting its interests, participating in voting activities, and providing ongoing support in accordance with the provisions of the agreement. In return, the company guarantees certain rights and privileges to the stockholder. Some key elements covered in the Maricopa Arizona Stockholder Support Agreement include: 1. Shareholder Voting: The agreement may specify the stockholder's commitment to voting in favor of particular resolutions, mergers, acquisitions, or major strategic decisions proposed by the company. This ensures unity among stockholders and helps in achieving corporate objectives. 2. Board Representation: If agreed upon, the agreement may grant Andrew H. Tompkins the right to represent the stockholders' interests by holding a seat on the company's board of directors. This enables direct involvement in decision-making processes and enhancing corporate governance. 3. Non-Compete and Non-Disclosure Obligations: The stockholder may be required to agree to non-compete clauses, preventing them from engaging in activities that directly compete with Isle of Capri Casinos, Inc. Furthermore, the agreement may include strict provisions regarding the disclosure of confidential information, protecting the company's trade secrets and proprietary information. 4. Liquidation, Acquisition, or Sale of Shares: In the event of the liquidation, acquisition, or sale of shares of Isle of Capri Casinos, Inc., the agreement may outline the rights of Andrew H. Tompkins as a stockholder. This can include determining the price of shares, buyout options, or any other pre-determined conditions to safeguard the stockholder's interests. 5. Term and Termination: The agreement will specify the initial term and any renewal periods, as well as the circumstances under which it may be terminated or amended. This allows for flexibility while ensuring ongoing obligations between the parties. It is important to note that variations of the Maricopa Arizona Stockholder Support Agreement may exist, tailored to specific situations, such as different stockholder classes or specific project collaborations. However, the core purpose remains the same — to establish a mutually beneficial relationship between stockholders and Isle of Capri Casinos, Inc., promoting transparency, and protecting the rights of all parties involved.

The Maricopa Arizona Stockholder Support Agreement is a legally binding contract between Andrew H. Tompkins and Isle of Capri Casinos, Inc., which outlines the terms and conditions for stockholder support in relation to the operations and affairs of the company. This agreement is crucial in ensuring transparency, accountability, and shareholder protection. Andrew H. Tompkins, as a stockholder, agrees to support Isle of Capri Casinos, Inc. by promoting its interests, participating in voting activities, and providing ongoing support in accordance with the provisions of the agreement. In return, the company guarantees certain rights and privileges to the stockholder. Some key elements covered in the Maricopa Arizona Stockholder Support Agreement include: 1. Shareholder Voting: The agreement may specify the stockholder's commitment to voting in favor of particular resolutions, mergers, acquisitions, or major strategic decisions proposed by the company. This ensures unity among stockholders and helps in achieving corporate objectives. 2. Board Representation: If agreed upon, the agreement may grant Andrew H. Tompkins the right to represent the stockholders' interests by holding a seat on the company's board of directors. This enables direct involvement in decision-making processes and enhancing corporate governance. 3. Non-Compete and Non-Disclosure Obligations: The stockholder may be required to agree to non-compete clauses, preventing them from engaging in activities that directly compete with Isle of Capri Casinos, Inc. Furthermore, the agreement may include strict provisions regarding the disclosure of confidential information, protecting the company's trade secrets and proprietary information. 4. Liquidation, Acquisition, or Sale of Shares: In the event of the liquidation, acquisition, or sale of shares of Isle of Capri Casinos, Inc., the agreement may outline the rights of Andrew H. Tompkins as a stockholder. This can include determining the price of shares, buyout options, or any other pre-determined conditions to safeguard the stockholder's interests. 5. Term and Termination: The agreement will specify the initial term and any renewal periods, as well as the circumstances under which it may be terminated or amended. This allows for flexibility while ensuring ongoing obligations between the parties. It is important to note that variations of the Maricopa Arizona Stockholder Support Agreement may exist, tailored to specific situations, such as different stockholder classes or specific project collaborations. However, the core purpose remains the same — to establish a mutually beneficial relationship between stockholders and Isle of Capri Casinos, Inc., promoting transparency, and protecting the rights of all parties involved.