Outside Representatives definition
Examples of Outside Representatives in a sentence
The Outside Representatives and the Independent Representative shall serve in such capacities for a term of one (1) year.
The Outside Representatives shall appoint a single additional representative of their choosing ("Independent Representative").
If the Increase Notice is given by the Berkshire Stockholders, the nomination of the Outside Representatives as set forth in Section 2.5(a)(iii) above shall no longer require the approval of the other stockholders.
Shareholders shall bear their own expenses with respect to the negotiation and preparation of this Agreement and the Closing, including any fees and expenses of their Outside Representatives.
To the extent that a Party requests the other Party to indemnify such Party's Representatives or Outside Representatives, such Party shall cause its Representatives or Outside Representatives to comply with the indemnification provisions and abide by the indemnification limitations set forth in this Agreement, including the arbitration provisions in connection with disputed Claims.
Upon Purchaser's request, each Shareholder shall severally indemnify any of Purchaser's Representatives or Outside Representatives to the same extent as Purchaser.
Conversely, upon each Shareholder's request Purchaser shall indemnify each Shareholder's Representatives or Outside Representatives to the same extent as such Shareholder.
A Party may release or waive any Claim to which such Party previously requested the other Party to indemnify such Party's Representatives or Outside Representatives, and such Representatives or Outside Representatives shall have no recourse against the Party releasing or waiving such Claim.
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Nothing in this Agreement shall require: (a) Company to continue the employment of any of its employees other than pursuant to the Employment Agreements and the Material Contracts, (b) Company or Purchaser to continue any Employee Benefit Plan, (c) Purchaser to request Shareholders to indemnify any of Purchaser's Representatives or Outside Representatives, or (d) Shareholders to request Purchaser to indemnify any of Shareholders' Representatives or Outside Representatives.