Common use of No Liability for Election of Recommended Directors Clause in Contracts

No Liability for Election of Recommended Directors. Neither RMCF, any of RMCF’s Affiliates, H. ▇▇▇▇▇▇▇▇▇▇, C▇▇▇▇ nor T. ▇▇▇▇▇▇▇▇▇▇ shall have any liability as a result of designating a Person for election as a director for any act or omission by such designated Person in his or her capacity as a director of the Company, nor shall any Shareholder have any liability as a result of voting for any such designee in accordance with the provisions of this Agreement.

Appears in 5 contracts

Sources: Asset Purchase Agreement (U-Swirl, Inc.), Membership Interest Purchase Agreement (U-Swirl, Inc.), Voting Agreement (U-Swirl, Inc.)

No Liability for Election of Recommended Directors. Neither RMCF, any of RMCF’s Affiliates, H. ▇. ▇▇▇▇▇▇▇▇▇▇, C▇▇▇▇ nor T. ▇. ▇▇▇▇▇▇▇▇▇▇ shall have any liability as a result of designating a Person for election as a director for any act or omission by such designated Person in his or her capacity as a director of the Company, nor shall any Shareholder have any liability as a result of voting for any such designee in accordance with the provisions of this Agreement.

Appears in 3 contracts

Sources: Asset Purchase Agreement (Rocky Mountain Chocolate Factory Inc), Membership Interest Purchase Agreement (Rocky Mountain Chocolate Factory Inc), Voting Agreement (Rocky Mountain Chocolate Factory Inc)