Common use of Action in Stockholder Capacity Only Clause in Contracts

Action in Stockholder Capacity Only. It is expressly understood and agreed that the Stockholder makes no agreement or understanding under this Agreement other than in the Stockholder's capacity as a stockholder of Universal. The Stockholder is entering into this Agreement solely in its capacity as a record and beneficial owner of Common Stock, and nothing contained herein shall limit or affect, or impose any obligations with respect to, any actions taken by the nominees of Stockholder or Weatherford who serve in the capacity of a director of Universal.

Action in Stockholder Capacity Only. It is expressly understood and agreed The parties acknowledge that the Stockholder makes no agreement or understanding under this Agreement other than is entered into by each Stockholder solely in the such Stockholder's capacity as a stockholder the Beneficial Owner of Universal. The Stockholder is entering into such Stockholder's Owned Common Stock and nothing in this Agreement restricts or limits any action taken by such Stockholder solely in its capacity as a record director or officer of the Company (but not on its own behalf as a stockholder) and beneficial owner the taking of Common Stock, and nothing contained herein shall limit or affect, or impose any obligations with respect to, any actions taken by the nominees of Stockholder (or Weatherford who serve failure to act) solely in the its capacity of a as an officer or director of Universalthe Company will not be deemed to constitute a breach of this Agreement.

Action in Stockholder Capacity Only. It is expressly understood and agreed that the each Stockholder makes no agreement or understanding under this Agreement other than in the Stockholder's its, his or her capacity as a stockholder director of Universal. The Each Stockholder is entering into this Agreement solely in its its, his or her capacity as a record and beneficial owner of Common StockShares, and nothing contained herein shall limit or affect, or impose any obligations with respect to, any actions taken by the nominees of Stockholder in its, his or Weatherford who serve in the her capacity of as a director of Universal.

Action in Stockholder Capacity Only. It is expressly understood and agreed that the Stockholder makes no agreement or understanding under this Agreement other than in the Stockholder's his or her capacity as a stockholder director or officer of UniversalCompany. The Stockholder is entering into this Agreement solely in its his or her capacity as a record and beneficial owner of Common StockShares, and nothing contained herein shall limit or affect, or impose any obligations with respect to, any actions taken by the nominees of Stockholder in his or Weatherford who serve in the her capacity of as a director or officer of UniversalCompany.