Common use of Shareholder Representative Clause in Contracts

Shareholder Representative. 13.13.1. The Acquiror shall be entitled to deal exclusively with Jeff Halloran (the "Sharehol▇▇▇ ▇▇▇▇▇▇▇▇▇ative") as the sole and exclusive representative and agent of all of the Shareholders in respect of all matters arising under or pertaining to this Agreement, unless and until the Acquiror receives notice to the contrary as provided in Section 13.13.2 below. Without limiting the foregoing, (a) any amounts payable under this Agreement by the Acquiror to any Shareholder may be paid to the Shareholder Representative for the account of such Shareholder; (b) any notice, communication, demand, claim, action or proceeding required or permitted hereunder may be delivered by the Acquiror to, or brought by the Acquiror against, the Shareholder Representative in its capacity as agent and representative of the Shareholders with the same effect, and which shall be binding to the same degree, as if delivered to, or brought against, the Shareholder individually; (c) any settlement or other agreement of the Acquiror with the Shareholder in its capacity as agent and representative of the Shareholders in respect of all matters arising under or pertaining to this Agreement shall have the same effect, and be binding upon, the Shareholders to the same degree as if made with the Shareholders individually; and (d) except as provided in Section 13.13.2, the Acquiror shall not be required to recognize or respond to, and shall not be bound by, any notice, communication, demand, claim, action or proceeding delivered to or brought against the Acquiror by any Shareholder in respect of all matters arising under or pertaining to this Agreement except through the Shareholder Representative in its capacity as agent and representative of the Shareholders. 13.13.2. The Shareholders by notice in writing to the Acquiror signed by all the Shareholders or their legal representative may designate another single Person to act as representative and agent of the Shareholders as provided in Section 13.13.1 above.

Appears in 1 contract

Sources: Share Exchange Agreement (Phantom Fiber Corp)

Shareholder Representative. 13.13.1. The Acquiror shall be entitled to deal exclusively with Jeff Halloran (the "ShareholShareholder Representative") as the sole and excl▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ative") as the sole and exclusive representative ntative and agent of all of the Shareholders in respect of all matters arising under or pertaining to this Agreement, unless and until the Acquiror receives notice to the contrary as provided in Section 13.13.2 below. Without limiting the foregoing, (a) any amounts payable under this Agreement by the Acquiror to any Shareholder may be paid to the Shareholder Representative for the account of such Shareholder; (b) any notice, communication, demand, claim, action or proceeding required or permitted hereunder may be delivered by the Acquiror to, or brought by the Acquiror against, the Shareholder Representative in its capacity as agent and representative of the Shareholders with the same effect, and which shall be binding to the same degree, as if delivered to, or brought against, the Shareholder individually; (c) any settlement or other agreement of the Acquiror with the Shareholder in its capacity as agent and representative of the Shareholders in respect of all matters arising under or pertaining to this Agreement shall have the same effect, and be binding upon, the Shareholders to the same degree as if made with the Shareholders individually; and (d) except as provided in Section 13.13.2, the Acquiror shall not be required to recognize or respond to, and shall not be bound by, any notice, communication, demand, claim, action or proceeding delivered to or brought against the Acquiror by any Shareholder in respect of all matters arising under or pertaining to this Agreement except through the Shareholder Representative in its capacity as agent and representative of the Shareholders. 13.13.2. The Shareholders by notice in writing to the Acquiror signed by all the Shareholders or their legal representative may designate another single Person to act as representative and agent of the Shareholders as provided in Section 13.13.1 above.

Appears in 1 contract

Sources: Share Exchange Agreement (Phantom Fiber Corp)

Shareholder Representative. 13.13.1. 13.13.1 The Acquiror shall be entitled to deal exclusively with Jeff Halloran Jeffrey Kang (the "ShareholShareholder Representative") as the sole and excl▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ative") as the sole and exclusive representative entative and agent of all of the Shareholders in respect of all matters arising under or pertaining to this Agreement, unless and until the Acquiror receives notice to the contrary as provided in Section 13.13.2 below. Without limiting the foregoing, (a) any amounts payable under this Agreement by the Acquiror to any Shareholder may be paid to the Shareholder Representative for the account of such Shareholder; (b) any notice, communication, demand, claim, action or proceeding required or permitted hereunder may be delivered by the Acquiror to, or brought by the Acquiror against, the Shareholder Representative in its capacity as agent and representative of the Shareholders with the same effect, and which shall be binding to the same degree, as if delivered to, or brought against, the Shareholder individually; (c) any settlement or other agreement of the Acquiror with the Shareholder in its capacity as agent and representative of the Shareholders in respect of all matters arising under or pertaining to this Agreement shall have the same effect, and be binding upon, the Shareholders to the same degree as if made with the Shareholders individually; and (d) except as provided in Section 13.13.2, the Acquiror shall not be required to recognize or respond to, and shall not be bound by, any notice, communication, demand, claim, action or proceeding delivered to or brought against the Acquiror by any Shareholder in respect of all matters arising under or pertaining to this Agreement except through the Shareholder Representative in its capacity as agent and representative of the Shareholders. 13.13.2. 13.13.2 The Shareholders by notice in writing to the Acquiror signed by all the Shareholders or their legal representative may designate another single Person to act as representative and agent of the Shareholders as provided in Section 13.13.1 above.

Appears in 1 contract

Sources: Share Exchange Agreement (Trident Rowan Group Inc)

Shareholder Representative. 13.13.1. 13.13.1 The Acquiror shall be entitled to deal exclusively with Jeff Halloran Jeffrey Kang (the "Sharehol▇Sharehold▇▇ ▇▇▇▇▇▇▇▇▇ative") as the sole and exclusive representative and agent of all of the Shareholders in respect of all matters arising under or pertaining to this Agreement, unless and until the Acquiror receives notice to the contrary as provided in Section 13.13.2 below. Without limiting the foregoing, (a) any amounts payable under this Agreement by the Acquiror to any Shareholder may be paid to the Shareholder Representative for the account of such Shareholder; (b) any notice, communication, demand, claim, action or proceeding required or permitted hereunder may be delivered by the Acquiror to, or brought by the Acquiror against, the Shareholder Representative in its capacity as agent and representative of the Shareholders with the same effect, and which shall be binding to the same degree, as if delivered to, or brought against, the Shareholder individually; (c) any settlement or other agreement of the Acquiror with the Shareholder in its capacity as agent and representative of the Shareholders in respect of all matters arising under or pertaining to this Agreement shall have the same effect, and be binding upon, the Shareholders to the same degree as if made with the Shareholders individually; and (d) except as provided in Section 13.13.2, the Acquiror shall not be required to recognize or respond to, and shall not be bound by, any notice, communication, demand, claim, action or proceeding delivered to or brought against the Acquiror by any Shareholder in respect of all matters arising under or pertaining to this Agreement except through the Shareholder Representative in its capacity as agent and representative of the Shareholders. 13.13.2. 13.13.2 The Shareholders by notice in writing to the Acquiror signed by all the Shareholders or their legal representative may designate another single Person to act as representative and agent of the Shareholders as provided in Section 13.13.1 above.

Appears in 1 contract

Sources: Share Exchange Agreement (Trident Rowan Group Inc)