Common use of Inactive Shareholders Clause in Contracts

Inactive Shareholders. For the avoidance of doubt, the provisions of this Article 11 and all other provisions of this Agreement do not, and shall not, apply to ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ or I.S.P (each, an “Inactive Shareholder”). The Inactive Shareholders will not have any Liability under this Agreement, the Ancillary Agreements or the transactions contemplated hereby or thereby, whether directly or for any obligations of the Active Shareholders, the Sellers, the Selling Parties Representative or any other party to this Agreement or any Ancillary Agreement, except with respect to any intentional fraud by such Inactive Shareholder or (in the case of ▇▇▇▇▇ ▇▇▇▇▇▇▇▇) in accordance with the Noncompetition Agreement signed by him.