Common use of Consent of Company Stockholders Clause in Contracts

Consent of Company Stockholders. The Indemnifying Stockholders have, either by virtue of their approval of the Merger Agreement or through the execution of an instrument to such effect, consented to: (a) the establishment of this escrow to secure the Indemnifying Stockholders’ indemnification obligations under Article 6 of the Merger Agreement in the manner set forth herein, (b) the appointment of the Indemnification Representative as their representative for purposes of this Agreement and as attorney-in-fact and agent for and on behalf of each Indemnifying Stockholder, and the taking by the Indemnification Representative of any and all actions and the making of any decisions required or permitted to be taken or made by him under this Agreement and (c) all of the other terms, conditions and limitations in this Agreement.

Appears in 3 contracts

Samples: Agreement and Plan of Merger and Reorganization (Hosting Site Network Inc), Escrow Agreement (Hosting Site Network Inc), Escrow Agreement (WaferGen Bio-Systems, Inc.)

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Consent of Company Stockholders. The Indemnifying Stockholders have, either by virtue of their approval of the Merger Agreement or through the execution of an instrument to such effect, consented to: (a) the establishment of this escrow to secure the Indemnifying Stockholders’ indemnification obligations under Article 6 of the Merger Agreement in the manner set forth herein, (b) the appointment of the Indemnification Representative Representatives as their representative representatives for purposes of this Agreement and as attorneyattorneys-in-fact and agent for and on behalf of each Indemnifying Stockholder, and the taking by the Indemnification Representative Representatives of any and all actions and the making of any decisions required or permitted to be taken or made by him them under this Agreement and (c) all of the other terms, conditions and limitations in this Agreement.

Appears in 1 contract

Samples: Escrow Agreement (UFood Restaurant Group, Inc.)

Consent of Company Stockholders. The Indemnifying Company Stockholders have, either by virtue of their approval of the Merger Agreement or through the execution of a counterpart signature page to this Agreement or an instrument to such effect, consented to: (a) the establishment of this escrow to secure the Indemnifying Company Stockholders' indemnification obligations under Article 6 of the Merger Agreement in the manner set forth hereinherein and the obligation to pay the Merger Adjustment Amount, (b) the appointment of the Indemnification Representative as their representative for purposes of this Agreement and as attorney-in-fact and agent for and on behalf of each Indemnifying Company Stockholder, and the taking by the Indemnification Representative of any and all actions and the making of any decisions required or permitted to be taken or made by him them under this Agreement and (c) all of the other terms, conditions and limitations in this Agreement.

Appears in 1 contract

Samples: Escrow Agreement (Udate Com Inc)

Consent of Company Stockholders. The Indemnifying Stockholders have, either by virtue of their approval of the Merger Agreement or through the execution of an instrument to such effect, consented to: (a) the establishment of this escrow to secure the Indemnifying Stockholders’ indemnification obligations under Article 6 VII of the Merger Agreement in the manner set forth herein, (b) the appointment of the Indemnification Representative as their representative for purposes of this Agreement and as attorneyattorneys-in-fact and agent for and on behalf of each Indemnifying Stockholder, and the taking by the Indemnification Representative of any and all actions and the making of any decisions required or permitted to be taken or made by him them under this Agreement and (c) all of the other terms, conditions and limitations in this Agreement.

Appears in 1 contract

Samples: Escrow Agreement (Crownbutte Wind Power, Inc.)

Consent of Company Stockholders. The Indemnifying Stockholders have, ------------------------------- either by virtue of their approval of the Merger Agreement or through the execution of an instrument to such effect, consented to: (a) the establishment of this escrow to secure the Indemnifying Stockholders' indemnification obligations under Article 6 VI of the Merger Agreement in the manner set forth herein, (b) the appointment of the Indemnification Representative as their representative for purposes of this Agreement and as attorney-in-fact and agent for and on behalf of each Indemnifying Stockholder, and the taking by the Indemnification Representative of any and all actions and the making of any decisions required or permitted to be taken or made by him them under this Agreement Agreement, and (c) all of the other terms, conditions and limitations in this Agreement.

Appears in 1 contract

Samples: Escrow Agreement (Open Market Inc)

Consent of Company Stockholders. The Indemnifying Stockholders Shareholders have, either by virtue of their approval of entry into the Merger Agreement or through the execution of an instrument to such effect, consented to: (a) the establishment of this escrow to secure the Indemnifying Stockholders’ Shareholders indemnification obligations under Article 6 of the Merger Agreement in the manner set forth herein, (b) the appointment of the Indemnification Representative as their representative representatives for purposes of this Indemnifying Escrow Agreement and as attorneyattorneys-in-fact and agent agents for and on behalf of each Indemnifying StockholderShareholders, and the taking by the Indemnification Representative of any and all actions and the making of any decisions required or permitted to be taken or made by him them under this Indemnifying Escrow Agreement and (c) all of the other terms, conditions and limitations in this Indemnifying Escrow Agreement.

Appears in 1 contract

Samples: Indemnifying Escrow Agreement (Oxford Ventures Inc)

Consent of Company Stockholders. The Indemnifying Stockholders have, either by virtue of their approval of entry into the Merger Agreement or through the execution of an instrument to such effect, consented to: (a) the establishment of this escrow to secure the Indemnifying Stockholders’ indemnification obligations under Article 6 of the Merger Agreement in the manner set forth herein, (b) the appointment of the Indemnification Representative as their representative representatives for purposes of this Agreement and as attorneyattorneys-in-fact and agent agents for and on behalf of each Indemnifying Stockholder, and the taking by the Indemnification Representative of any and all actions and the making of any decisions required or permitted to be taken or made by him them under this Agreement and (c) all of the other terms, conditions and limitations in this Agreement.

Appears in 1 contract

Samples: Escrow Agreement (Kreido Biofuels, Inc.)

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Consent of Company Stockholders. The Indemnifying Stockholders have, either by virtue of their approval of the Merger Agreement or through the execution of an instrument to such effect, consented to: (a) the establishment of this escrow to secure the Indemnifying Stockholders’ indemnification obligations under Article 6 of the Merger Agreement in the manner set forth herein, (b) the appointment of the Indemnification Representative as their representative for purposes of this Agreement and as attorneyattorneys-in-fact and agent for and on behalf of each Indemnifying Stockholder, and the taking by the Indemnification Representative of any and all actions and the making of any decisions required or permitted to be taken or made by him them under this Agreement and (c) all of the other terms, conditions and limitations in this Agreement.

Appears in 1 contract

Samples: Escrow Agreement (Kentucky USA Energy, Inc.)

Consent of Company Stockholders. The Indemnifying Stockholders have, either by virtue of their approval of the Merger Agreement or through the execution of an instrument to such effect, consented to: (a) the establishment of this escrow to secure the Indemnifying Stockholders’ indemnification obligations under Article 6 of the Merger Agreement in the manner set forth herein, (b) the appointment of the Indemnification Representative as their representative representatives for purposes of this Agreement and as attorneyattorneys-in-fact and agent agents for and on behalf of each Indemnifying Stockholder, and the taking by the Indemnification Representative of any and all actions and the making of any decisions required or permitted to be taken or made by him them under this Agreement and (c) all of the other terms, conditions and limitations in this Agreement.

Appears in 1 contract

Samples: Escrow Agreement (Modigene Inc.)

Consent of Company Stockholders. The Indemnifying Stockholders have, either by virtue of their approval of the Merger Agreement or through the execution of an instrument to such effect, consented to: (a) the establishment of this escrow to secure the Indemnifying Stockholders' indemnification obligations under Article 6 VI of the Merger Agreement in the manner set forth herein, (b) the appointment of the Indemnification Representative Representatives as their representative representatives for purposes of this Agreement and as attorneyattorneys-in-fact and agent agents for and on behalf of each Indemnifying Stockholder, and the taking by the Indemnification Representative Representatives of any and all actions and the making of any decisions required or permitted to be taken or made by him them under this Agreement and (c) all of the other terms, conditions and limitations in this Agreement.

Appears in 1 contract

Samples: Loan and Security Agreement (Unisphere Networks Inc)

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