Contributor Representative Clause Samples

The Contributor Representative clause designates an individual or entity to act on behalf of all contributors in matters related to the agreement. This representative is authorized to make decisions, provide notices, and take actions that bind the contributors collectively, such as granting permissions or addressing legal claims. By centralizing communication and authority, the clause streamlines interactions between the contributors and other parties, reducing administrative complexity and ensuring consistent representation.
Contributor Representative. (a) Each Contributor hereby designates and appoints the Contributor Representative, and the Contributor Representative hereby agrees to serve, as agent and attorney-in-fact, for each Contributor (together with their respective successors and assigns, the “Represented Persons”), with full power and authority to take any and all actions that the Contributor Representative believes are necessary or appropriate to consummate the Transactions or otherwise take such actions as are provided herein, for and on behalf of the Represented Persons as fully as if each Represented Person was acting on its own behalf, including full power and authority on such Represented Person’s behalf to: (i) negotiate, defend, dispute, contest, assert, compromise and settle all claims and matters arising under this Agreement; (ii) interpret all of the terms and provisions of this Agreement and each other Transaction Agreement; (iii) negotiate, consent to, execute and deliver any amendment, waiver or consent of or under this Agreement; (iv) authorize, negotiate, compromise, settle, agree to and otherwise handle any adjustments to the Unadjusted Shares under this Agreement; (v) agree to, negotiate, enter into settlements and compromises of, and comply with judgments of courts or other Governmental Entities and awards of arbitrators with respect to any claims for indemnification against any Parent Party, in each case, relating to this Agreement; (vi) agree to, negotiate, enter into settlements and compromises of, and comply with judgments of courts or other Governmental Entities; (vii) make, execute, and deliver all other contracts, orders, receipts, notices, requests, instructions, certificates, letters and other writings as the Contributor Representative may deem necessary and proper in connection with Contributor’s obligations under this Agreement or any other Transaction Agreement, or to effect any of the foregoing; (viii) give and receive notices and communications under this Agreement; (ix) take any and all other actions specified or contemplated by this Agreement, and to engage counsel, accountants or other agents in connection with the foregoing matters; and (x) take all actions that are either (A) necessary or appropriate in the judgment of the Contributor Representative for the accomplishment of the foregoing or (B) specifically mandated by this Agreement, in each case, in accordance with the terms of this Agreement or in furtherance of the Transactions; provided, however, tha...
Contributor Representative. 68 Contributors......................................................................................................1
Contributor Representative