Common use of Authorization, Execution and Delivery of Agreement Clause in Contracts

Authorization, Execution and Delivery of Agreement. The ------------------------------------------------- Stockholder has all requisite power and authority to execute this Agreement, to perform his obligations hereunder and to consummate the transactions contemplated hereby. This Agreement has been duly executed and delivered by the Stockholder and this Agreement constitutes the legal, valid, binding and enforceable obligation of the Stockholder, subject to applicable bankruptcy, insolvency, moratorium or other similar laws relating to creditor's rights and principles of