Common use of Director Actions Clause in Contracts

Director Actions. Notwithstanding any other provision of this Stockholders Agreement to the contrary, the covenants and agreements set forth herein shall not prevent any member of the Restricted Group, or any designees of the members of the Restricted Group, who serve on Target's Board of Directors from taking any action, subject to the applicable provisions of the Merger Agreement, while acting in such member's or designee's capacity as a director of Target in accordance with his or her fiduciary duties.

Appears in 3 contracts

Sources: Merger Agreement (Fuqua Enterprises Inc), Stockholders Agreement (Fuqua Enterprises Inc), Stockholders Agreement (Graham Field Health Products Inc)