Common use of Actions of the Shareholder Representative Clause in Contracts

Actions of the Shareholder Representative. A decision, act, ----------------------------------------- consent or instruction of the Shareholder Representative shall constitute a decision of all the Company Shareholders and shall be final, binding and conclusive upon each of such Company Shareholder, and the Escrow Agent and Parent may rely upon any such decision, act, consent or instruction of the Shareholder Representative as being the decision, act, consent or instruction of each and every such Company Shareholder. The Escrow Agent and Parent are hereby relieved from any liability to any person for any acts done by them in accordance with such decision, act, consent or instruction of the Shareholder Representative.

Actions of the Shareholder Representative. A decision, act, ----------------------------------------- consent or instruction of the Shareholder Representative shall constitute a decision of all the Company Shareholders Principal Shareholder and shall be final, binding and conclusive upon each of such Company the Principal Shareholder, and the Escrow Agent and Parent IEC may rely upon any such decision, act, consent or instruction of the Shareholder Representative as being the decision, act, consent or instruction of each and every such Company the Principal Shareholder. The Escrow Agent and Parent IEC are hereby relieved from any liability to any person for any acts done by them in accordance with such decision, act, consent or instruction of the Shareholder Representative.

Actions of the Shareholder Representative. A Any decision, act, ----------------------------------------- consent or instruction of the Shareholder Representative shall constitute a decision of all the Company Shareholders and shall be final, binding and conclusive upon each of such Company Shareholder, and the Escrow Agent and Parent Company may rely upon any such decision, act, consent or instruction of the Shareholder Representative as being the decision, act, consent or instruction of each and every such Company Shareholder. The Escrow Agent and Parent are Company is hereby relieved from any liability to any person for any acts done by them the Company in accordance with any such decision, act, consent or instruction of the Shareholder Representative.

Actions of the Shareholder Representative. A decision, act, ----------------------------------------- consent consent, or instruction of the Shareholder Representative shall will constitute a decision decision, act, consent, or instruction of all the Company Shareholders Shareholders, and shall will be final, binding binding, and conclusive upon each of such the Company Shareholder, and the Escrow Agent and Parent Shareholders. Buyer may rely upon any such decision, act, consent consent, or instruction of the Shareholder Representative as being the decision, act, consent consent, or instruction of each and every such all of the Company ShareholderShareholders. The Escrow Agent and Parent Buyer are hereby relieved from any liability to any person for any acts done by them in accordance with such decision, act, consent consent, or instruction of the Shareholder Representative.