THE SHAREHOLDERS' OBLIGATIONS Sample Clauses
The "Shareholders' Obligations" clause defines the specific duties and responsibilities that each shareholder must fulfill as part of their participation in the company. This may include requirements such as making capital contributions, adhering to confidentiality agreements, or voting in accordance with certain procedures. By clearly outlining these obligations, the clause helps ensure that all shareholders understand their roles and are held accountable, thereby promoting smooth company operations and reducing the risk of disputes.
THE SHAREHOLDERS' OBLIGATIONS. In connection with the Registration Statement referred to in Section 1.2:
THE SHAREHOLDERS' OBLIGATIONS. In connection with the Registration Statement referred to in Section 1.2, the Shareholders shall each:
THE SHAREHOLDERS' OBLIGATIONS. Neither the Purchaser nor the Company shall have any obligation to pay any fee or other compensation to any person, firm or corporation dealt with by the Company or the Shareholders in connection with this Agreement and the transactions contemplated hereby, and the Shareholders, jointly and severally, hereby agree to indemnify and save the Purchaser and the Company harmless from any liability, damage, cost or expense arising from any claim for any such fee or other compensation.