Capacity as Shareholder. Sponsor signs this Agreement solely in its capacity as a shareholder of SPAC, and not in its capacity as a director (including “director by deputization”), officer or employee of SPAC, if applicable. Nothing herein shall be construed to (i) restrict, limit, prohibit or affect any actions or inactions by Sponsor or any representative of Sponsor, as applicable, serving in the capacity of a director or officer of SPAC or any Subsidiary of SPAC, acting in such person’s capacity as a director or officer of SPAC or any Subsidiary of SPAC (it being understood and agreed that the BCA contains provisions that govern the actions or inactions by the directors and officers of SPAC with respect to the Transactions) or (ii) prohibit, limit or restrict the exercise of any fiduciary duties as director or officer of SPAC that is otherwise permitted by, and done in compliance with, the terms of the BCA (and in each case of clauses (i) and (ii), without limiting Sponsor’s obligations hereunder in its capacity as a shareholder of SPAC).
Appears in 8 contracts
Sources: Sponsor Support Agreement (Armada Acquisition Corp. II), Sponsor Support Agreement (Yorkville Acquisition Corp.), Sponsor Support Agreement (Trump Media & Technology Group Corp.)
Capacity as Shareholder. Sponsor signs this Agreement solely in its capacity as a shareholder of SPACM3, and not in its capacity as a director (including “director by deputization”), officer or employee of SPACM3, if applicable. Nothing herein shall be construed to (i) restrict, limit, prohibit or affect any actions or inactions by Sponsor or any representative of Sponsor, as applicable, serving in the capacity of a director or officer of SPAC M3 or any Subsidiary of SPACM3, acting in such person’s capacity as a director or officer of SPAC M3 or any Subsidiary of SPAC M3 (it being understood and agreed that the BCA contains provisions that govern the actions or inactions by the directors and officers of SPAC M3 with respect to the Transactions) or (ii) prohibit, limit or restrict the exercise of any fiduciary duties as director or officer of SPAC M3 that is otherwise permitted by, and done in compliance with, the terms of the BCA (and in each case of clauses (i) and (ii), without limiting Sponsor’s obligations hereunder in its capacity as a shareholder of SPACM3).
Appears in 1 contract
Sources: Sponsor Support Agreement (M3-Brigade Acquisition v Corp.)
Capacity as Shareholder. Sponsor Each Shareholder signs this Agreement solely in his, her or its capacity as a shareholder of SPACthe Company, and not in his, her or its capacity as a director (including “director by deputization”), officer or employee of SPACthe Company, if applicable. Nothing herein shall be construed to (i) restrict, limit, prohibit or affect any actions or inactions by Sponsor such Shareholder or any representative Representative of Sponsorsuch Shareholder, as applicable, serving in the capacity of a director or officer of SPAC or any Subsidiary of SPACthe Company, acting in such personPerson’s capacity as a director or officer of SPAC or any Subsidiary of SPAC the Company (it being understood and agreed that the BCA contains provisions that govern the actions or inactions by the directors and officers of SPAC the Company with respect to the Transactions) or (ii) prohibit, limit or restrict the exercise of any fiduciary duties as director or officer of SPAC the Company that is otherwise permitted by, and done in compliance with, the terms of the BCA (and in each case of clauses (i) and (ii), without limiting Sponsorsuch Shareholder’s obligations hereunder in his, her or its capacity as a shareholder of SPACShareholder).
Appears in 1 contract
Sources: Shareholder Support Agreement (Cantor Equity Partners III, Inc.)
Capacity as Shareholder. Sponsor Each Shareholder signs this Agreement solely in his, her or its capacity as a shareholder of SPACthe Company, and not in his, her or its capacity as a director (including “director by deputization”), officer or employee of SPACthe Company, if applicable. Nothing herein shall be construed to (ia) restrict, limit, prohibit or affect any actions or inactions by Sponsor such Shareholder or any representative Representative of Sponsorsuch Shareholder, as applicable, serving in the capacity of a director or officer of SPAC or any Subsidiary of SPACthe Company, acting in such personPerson’s capacity as a director or officer of SPAC or any Subsidiary of SPAC the Company (it being understood and agreed that the BCA contains provisions that govern the actions or inactions by the directors and officers of SPAC the Company with respect to the Transactions) or (iib) prohibit, limit or restrict the exercise of any fiduciary duties as director or officer of SPAC the Company that is otherwise permitted by, and done in compliance with, the terms of the BCA (and in each case of clauses (ia) and (iib), without limiting Sponsorsuch Shareholder’s obligations hereunder in his, her or its capacity as a shareholder of SPACShareholder).
Appears in 1 contract
Sources: Shareholder Support Agreement (Cantor Equity Partners II, Inc.)