Common use of Successors and Affiliates Clause in Contracts

Successors and Affiliates. This Agreement shall inure to the benefit of and shall be binding upon the parties hereto and their respective heirs, legal representatives and assigns. Neither this Agreement nor any of the rights, interests or obligations under this Agreement shall be assigned, in whole or in part, by operation of law or otherwise, by the Stockholder or the Seller without the prior written consent of the other party, except by laws of descent. If the Stockholder shall acquire ownership of, or voting power with respect to, any additional Shares in any manner, whether by the exercise of any options or any securities or rights convertible into or exchangeable for Company Common Stock, operation of law or otherwise, such Shares shall be held subject to all of the terms of this Agreement, and by taking and holding such Shares, the Stockholder shall be conclusively deemed to have agreed to be bound by and to comply with all of the terms and provisions of this Agreement. Without limiting the foregoing, the Stockholder specifically agrees that the obligations of the Stockholder hereunder shall not be terminated by operation of law, whether by the death or incapacity of the Stockholder or otherwise.

Appears in 5 contracts

Samples: Voting Agreement (Superior National Insurance Group Inc), Voting Agreement (Superior National Insurance Group Inc), Voting Agreement (Superior National Insurance Group Inc)

AutoNDA by SimpleDocs

Successors and Affiliates. This Agreement shall inure to the benefit of and shall be binding upon the parties hereto and their respective heirs, legal representatives and assigns. Neither this Agreement nor any of the rights, interests or obligations under this Agreement shall be assigned, in whole or in part, by operation of law or otherwise, by the Stockholder or the Seller without the prior written consent of the other party, except by laws of descentInvestor. If the Stockholder shall acquire acquires ownership of, or voting power with respect to, any additional Shares Equity Securities in any manner, whether by the exercise of any options or any securities rights of first offer or refusal or rights convertible into or exchangeable for Company Common Stock, by operation of law or otherwise, such Shares Equity Securities shall be held subject to all of the terms of this Agreement, and by . By taking and holding such SharesEquity Securities, the Stockholder shall be conclusively deemed to have agreed to be bound by and to comply with all of the terms and provisions of this Agreement. Without limiting the foregoing, the Stockholder specifically agrees that the its obligations of the Stockholder hereunder shall not be terminated by operation of law, whether by the death or incapacity of the Stockholder or otherwise.

Appears in 2 contracts

Samples: Voting Agreement (Classic Communications Inc), Voting Agreement (Black Creek Management LLC)

AutoNDA by SimpleDocs

Successors and Affiliates. This Agreement shall inure to the benefit of and shall be binding upon the parties hereto and their respective heirs, legal representatives and assigns. Neither this Agreement nor any of the rights, interests or obligations under this Agreement shall be assigned, in whole or in part, by operation of law or otherwise, by the Stockholder or the Seller without the prior written consent of the other party, except by laws of descent. If the Stockholder shall acquire ownership of, or voting power with respect to, any additional addi tional Shares in any manner, whether by the exercise of any options or any securities or rights convertible into or exchangeable for Company Common Stock, operation of law or otherwise, such Shares shall be held subject to all of the terms of this Agreement, and by taking and holding such Shares, the Stockholder shall be conclusively deemed to have agreed to be bound by and to comply with all of the terms and provisions of this Agreement. Without limiting the foregoing, the Stockholder specifically agrees that the obligations of the Stockholder hereunder shall not be terminated by operation of law, whether by the death or incapacity of the Stockholder or otherwise.

Appears in 2 contracts

Samples: Voting Agreement (Insurance Partners Lp), Voting Agreement (Insurance Partners Lp)

Time is Money Join Law Insider Premium to draft better contracts faster.