Common use of No Limitation on Discretion as Director Clause in Contracts

No Limitation on Discretion as Director. Notwithstanding anything herein to the contrary, the covenants and agreements set forth herein shall not prevent Stockholder, if Stockholder is serving on the Board of Directors of Seller, from exercising his or her duties and obligations as a director of Seller or otherwise taking any action, subject to the applicable provisions of the Merger Agreement, while acting in such capacity as a director of Seller.

Appears in 5 contracts

Samples: Agreement and Plan of Merger (Ign Entertainment Inc), Voting Agreement (Great Hill Partners LLC), Voting Agreement (Ign Entertainment Inc)

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No Limitation on Discretion as Director. Notwithstanding anything herein to the contrary, the covenants and agreements set forth herein shall not prevent Stockholder, if Stockholder is or its representatives or designees who are serving on the Board of Directors of Seller, the Company from exercising his its or her their duties and obligations as a director Director of Seller the Company or otherwise taking any action, subject to the applicable provisions of the Merger Agreement, while acting in such capacity as a director of Sellerthe Company.

Appears in 5 contracts

Samples: Voting Agreement (H Power Corp), Voting Agreement (Bowmar Instrument Corp), Voting Agreement (Bowmar Instrument Corp)

No Limitation on Discretion as Director. Notwithstanding anything herein to the contrary, the covenants and agreements set forth herein shall not prevent Stockholder, if Stockholder is or his representatives or designees who are serving on the Board of Directors of Seller, the Company from exercising his or her their duties and obligations as a director Director of Seller the Company or otherwise taking any action, subject to the applicable provisions of the Merger Agreement, while acting in such capacity as a director of Sellerthe Company.

Appears in 3 contracts

Samples: Voting Agreement (Bowmar Instrument Corp), Voting Agreement (Bowmar Instrument Corp), Voting Agreement (Electronic Designs Inc)

No Limitation on Discretion as Director. Notwithstanding anything herein to the contrary, the covenants and agreements set forth herein shall not prevent StockholderStockholder or his, if Stockholder is her or its representatives or designees who are serving on the Board of Directors of Seller, Seller from exercising his or her their duties and obligations as a director Director of Seller or otherwise taking any action, subject to the applicable provisions of the Merger Agreement, while acting in such capacity as a director of Seller.

Appears in 2 contracts

Samples: Voting Agreement (Washington Trust Bancorp Inc), Exhibit 1 Voting Agreement (Washington Trust Bancorp Inc)

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No Limitation on Discretion as Director. Notwithstanding anything herein to the contrary, the covenants and agreements set forth herein shall not prevent Stockholder, if Stockholder is serving on the Board of Directors of Seller, Shareholder from exercising his or her duties and obligations as a director Director of Seller or otherwise taking any action, subject to the applicable provisions of the Merger Agreement, while acting in such capacity as a director of Seller.

Appears in 1 contract

Samples: Agreement and Plan of Merger (United Financial Mortgage Corp)

No Limitation on Discretion as Director. Notwithstanding anything herein to the contrary, the covenants and agreements set forth herein shall not prevent Stockholderthe Stockholder (or any of its Affiliates), if the Stockholder (or such Affiliate) is serving on the Board of Directors of Sellerthe Company, from exercising his or her duties and obligations as a director of Seller the Company or otherwise taking any action, subject to the applicable provisions of the Merger Agreement, action while acting in such capacity as a director of Sellerthe Company, and any such action shall not be deemed to be a breach of the Stockholder's obligations under this Agreement.

Appears in 1 contract

Samples: Voting Agreement (Brascan Corp/)

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