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.
Sacramento, California is the capital city of the state of California and houses various industries, including the thriving casino industry. One of the significant agreements within this sector is the Stockholder Support Agreement between Andrew H. Tompkins and Isle of Capri Casinos, Inc. This Stockholder Support Agreement is a legally binding document that outlines the terms and conditions agreed upon by Andrew H. Tompkins, a stockholder, and Isle of Capri Casinos, Inc., a prominent casino company operating in Sacramento, California. The agreement aims to facilitate cooperation, ensure transparency, and protect the rights and interests of both parties involved. By establishing a Stockholder Support Agreement, Andrew H. Tompkins and Isle of Capri Casinos, Inc. agree to work together toward achieving common goals and objectives. This agreement typically covers various important aspects, including but not limited to: 1. Voting Rights: The agreement may outline how stockholder voting rights will be exercised in matters pertaining to the company's operations, management decisions, mergers, acquisitions, and other significant corporate actions. 2. Board Representation: The agreement may address the right of the stockholder, Andrew H. Tompkins, to have a seat on the company's board of directors or specify the process for board nominations and appointments. 3. Information Sharing: The agreement may detail the obligations of Isle of Capri Casinos, Inc. to provide regular and accurate information to the stockholder, ensuring transparency and allowing informed decision-making. 4. Non-Compete and Non-Disclosure: The Stockholder Support Agreement may include clauses that restrict Andrew H. Tompkins from engaging in activities that directly compete with Isle of Capri Casinos, Inc. or disclose proprietary information. 5. Termination and Dispute Resolution: The agreement may specify the circumstances under which the agreement can be terminated and address the methods for dispute resolution, such as arbitration or mediation. It's important to note that while the overall purpose of the Stockholder Support Agreement remains the same, there may be distinct variations of this agreement between Andrew H. Tompkins and Isle of Capri Casinos, Inc. based on specific circumstances. These variations may include different terms, conditions, or provisions tailored to address unique requirements or contingencies arising from the stockholder's investment and the company's operations. In conclusion, the Stockholder Support Agreement is a crucial document that solidifies the partnership between Andrew H. Tompkins and Isle of Capri Casinos, Inc. in Sacramento, California. It ensures a collaborative approach, protects the rights of the stockholder, and outlines the shared vision and responsibilities to foster the growth and success of the casino company.
Sacramento, California is the capital city of the state of California and houses various industries, including the thriving casino industry. One of the significant agreements within this sector is the Stockholder Support Agreement between Andrew H. Tompkins and Isle of Capri Casinos, Inc. This Stockholder Support Agreement is a legally binding document that outlines the terms and conditions agreed upon by Andrew H. Tompkins, a stockholder, and Isle of Capri Casinos, Inc., a prominent casino company operating in Sacramento, California. The agreement aims to facilitate cooperation, ensure transparency, and protect the rights and interests of both parties involved. By establishing a Stockholder Support Agreement, Andrew H. Tompkins and Isle of Capri Casinos, Inc. agree to work together toward achieving common goals and objectives. This agreement typically covers various important aspects, including but not limited to: 1. Voting Rights: The agreement may outline how stockholder voting rights will be exercised in matters pertaining to the company's operations, management decisions, mergers, acquisitions, and other significant corporate actions. 2. Board Representation: The agreement may address the right of the stockholder, Andrew H. Tompkins, to have a seat on the company's board of directors or specify the process for board nominations and appointments. 3. Information Sharing: The agreement may detail the obligations of Isle of Capri Casinos, Inc. to provide regular and accurate information to the stockholder, ensuring transparency and allowing informed decision-making. 4. Non-Compete and Non-Disclosure: The Stockholder Support Agreement may include clauses that restrict Andrew H. Tompkins from engaging in activities that directly compete with Isle of Capri Casinos, Inc. or disclose proprietary information. 5. Termination and Dispute Resolution: The agreement may specify the circumstances under which the agreement can be terminated and address the methods for dispute resolution, such as arbitration or mediation. It's important to note that while the overall purpose of the Stockholder Support Agreement remains the same, there may be distinct variations of this agreement between Andrew H. Tompkins and Isle of Capri Casinos, Inc. based on specific circumstances. These variations may include different terms, conditions, or provisions tailored to address unique requirements or contingencies arising from the stockholder's investment and the company's operations. In conclusion, the Stockholder Support Agreement is a crucial document that solidifies the partnership between Andrew H. Tompkins and Isle of Capri Casinos, Inc. in Sacramento, California. It ensures a collaborative approach, protects the rights of the stockholder, and outlines the shared vision and responsibilities to foster the growth and success of the casino company.