Oakland Michigan Stockholder Support Agreement between Andrew H. Tompkins and Isle of Capri Casinos, Inc.

• Category: Corporations - Public - Stockholder
• State: Multi-State
• County: Oakland
• 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.

Oakland Michigan Stockholder Support Agreement is an important legal document that outlines the terms and conditions of a business partnership between Andrew H. Tompkins and Isle of Capri Casinos, Inc. This agreement serves to protect the rights and interests of both parties involved and ensures a smooth functioning of the partnership. The Stockholder Support Agreement establishes a mutually beneficial relationship between Andrew H. Tompkins and Isle of Capri Casinos, Inc., allowing for the effective management and operation of the business. It outlines the roles and responsibilities of each party, the distribution of shares and stocks, as well as any voting rights associated with the ownership. Under the Oakland Michigan Stockholder Support Agreement, Andrew H. Tompkins and Isle of Capri Casinos, Inc. agree to collaborate and work towards the financial success of the business. They agree to share profits and losses based on the agreed-upon percentages, providing equal opportunities for growth and development. In addition to the standard Stockholder Support Agreement, there can be various types tailored to specific situations: 1. Voting Agreement: This type of Stockholder Support Agreement outlines the voting rights and procedures that both parties must adhere to. It ensures that voting decisions are made in a fair and legally binding manner. 2. Transfer Restriction Agreement: This agreement places restrictions on the transfer of shares or stocks between Andrew H. Tompkins and Isle of Capri Casinos, Inc. It helps maintain stability and control over the ownership structure of the business. 3. Option Agreement: This agreement grants one party (typically Isle of Capri Casinos, Inc.) the option to purchase additional shares or stocks from Andrew H. Tompkins, if needed. It provides flexibility for the company's growth and expansion. 4. Right of First Refusal Agreement: This agreement grants Isle of Capri Casinos, Inc. the right to purchase shares or stocks offered by Andrew H. Tompkins before any third parties. It ensures that the company has the first opportunity to maintain or increase its ownership stake. 5. Buy-Sell Agreement: This agreement allows either party to buy out the other's ownership stake in certain situations, such as retirement, disability, or disagreement. It provides a clear method for the fair valuation and transfer of shares. Overall, the Oakland Michigan Stockholder Support Agreement between Andrew H. Tompkins and Isle of Capri Casinos, Inc. establishes a strong foundation for their business partnership. It ensures transparency, fairness, and cooperation, while protecting the interests of both parties involved.