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.
San Antonio, Texas Stockholder Support Agreement is a legally binding contract between Andrew H. Tompkins and Isle of Capri Casinos, Inc. It revolves around the rights and responsibilities of both parties in relation to stock ownership and voting in the corporation. This agreement aims to establish a collaborative and harmonious relationship between the stockholder and the company, ensuring transparency, accountability, and protection of their respective interests. In this agreement, Andrew H. Tompkins, as a stockholder, pledges to support Isle of Capri Casinos, Inc. by exercising his voting rights in a manner that aligns with the company's best interests. By entering into this agreement, Tompkins agrees to vote his shares of the company's stock in favor of proposals and actions that benefit the overall growth and success of the corporation. The Stockholder Support Agreement may also outline specific provisions and conditions, tailored to the unique circumstances of the relationship between Andrew H. Tompkins and Isle of Capri Casinos, Inc. These provisions may include restrictions on selling or transferring shares without prior consent, obligations to attend stockholder meetings or provide voting instructions, as well as non-compete or non-disclosure clauses to protect the company's proprietary information. Different types of San Antonio, Texas Stockholder Support Agreement between Andrew H. Tompkins and Isle of Capri Casinos, Inc. may be categorized based on the specific duration, scope, or purpose. For instance: 1. Short-Term Stockholder Support Agreement: This type of agreement is established for a limited period, usually to secure Tompkins' support for a specific corporate action, such as a merger, acquisition, or restructuring. 2. Long-Term Stockholder Support Agreement: In contrast, this type of agreement is formed for an extended period, aiming to ensure Tompkins' ongoing support and alignment with the company's strategic goals and objectives over time. 3. Proxy Voting Stockholder Support Agreement: This variation of the agreement grants Andrew H. Tompkins the authority to vote on behalf of other stockholders who have entrusted him with their voting rights. Such an agreement is commonly used when multiple stockholders choose to consolidate their voting power for more effective decision-making. 4. Exclusive Stockholder Support Agreement: This form of agreement grants Isle of Capri Casinos, Inc. exclusive support and voting rights from Andrew H. Tompkins, ensuring that he will vote in alignment with the company's interests and not provide support to any competitors or conflicting parties. These different types of Stockholder Support Agreement offer flexibility in determining the terms and conditions that best suit the specific needs and objectives of Andrew H. Tompkins and Isle of Capri Casinos, Inc.
San Antonio, Texas Stockholder Support Agreement is a legally binding contract between Andrew H. Tompkins and Isle of Capri Casinos, Inc. It revolves around the rights and responsibilities of both parties in relation to stock ownership and voting in the corporation. This agreement aims to establish a collaborative and harmonious relationship between the stockholder and the company, ensuring transparency, accountability, and protection of their respective interests. In this agreement, Andrew H. Tompkins, as a stockholder, pledges to support Isle of Capri Casinos, Inc. by exercising his voting rights in a manner that aligns with the company's best interests. By entering into this agreement, Tompkins agrees to vote his shares of the company's stock in favor of proposals and actions that benefit the overall growth and success of the corporation. The Stockholder Support Agreement may also outline specific provisions and conditions, tailored to the unique circumstances of the relationship between Andrew H. Tompkins and Isle of Capri Casinos, Inc. These provisions may include restrictions on selling or transferring shares without prior consent, obligations to attend stockholder meetings or provide voting instructions, as well as non-compete or non-disclosure clauses to protect the company's proprietary information. Different types of San Antonio, Texas Stockholder Support Agreement between Andrew H. Tompkins and Isle of Capri Casinos, Inc. may be categorized based on the specific duration, scope, or purpose. For instance: 1. Short-Term Stockholder Support Agreement: This type of agreement is established for a limited period, usually to secure Tompkins' support for a specific corporate action, such as a merger, acquisition, or restructuring. 2. Long-Term Stockholder Support Agreement: In contrast, this type of agreement is formed for an extended period, aiming to ensure Tompkins' ongoing support and alignment with the company's strategic goals and objectives over time. 3. Proxy Voting Stockholder Support Agreement: This variation of the agreement grants Andrew H. Tompkins the authority to vote on behalf of other stockholders who have entrusted him with their voting rights. Such an agreement is commonly used when multiple stockholders choose to consolidate their voting power for more effective decision-making. 4. Exclusive Stockholder Support Agreement: This form of agreement grants Isle of Capri Casinos, Inc. exclusive support and voting rights from Andrew H. Tompkins, ensuring that he will vote in alignment with the company's interests and not provide support to any competitors or conflicting parties. These different types of Stockholder Support Agreement offer flexibility in determining the terms and conditions that best suit the specific needs and objectives of Andrew H. Tompkins and Isle of Capri Casinos, Inc.