Common use of Personal Liability Clause in Contracts

Personal Liability. This Agreement shall not create or be deemed to create or permit any personal liability or obligation on the part of any direct or indirect stockholder of the Seller Group , the Buyer or Buyer’s Parent or any officer, director, employee, or investor of any party hereto.

Appears in 1 contract

Sources: Purchase Agreement (Kopin Corp)

Personal Liability. This Agreement shall not create or be deemed to create or permit any personal liability or obligation on the part of any direct or indirect stockholder of the Seller Group , or any member of the Buyer or Buyer’s Parent or any manager, officer, director, employee, agent, representative or investor of any party hereto.

Appears in 1 contract

Sources: Merger Agreement (Uni Marts Inc)

Personal Liability. This Except for the obligations of Sellers' Parent and Buyer Parents pursuant to Section 9.20, this Agreement shall not create or be deemed to create or permit any personal liability or obligation on the part of any direct or indirect stockholder of the Seller Group Sellers, Holdings or the Buyer or Buyer’s Parent or any officer, director, employee, employee or investor Representative of any party hereto.

Appears in 1 contract

Sources: Stock Purchase Agreement (Verizon Communications Inc)

Personal Liability. This Agreement shall not create or be deemed to create or permit any personal liability or obligation on the part of any direct or indirect stockholder of the Seller Group , or the Buyer or Buyer’s Parent Purchaser or any officer, director, employee, representative or investor of any party Party hereto.

Appears in 1 contract

Sources: Share Purchase Agreement (Spreadtrum Communications Inc)

Personal Liability. This Agreement shall not create or be deemed to create or permit any personal liability or obligation on the part of any direct or indirect stockholder or other equity owner of the Seller Group or the Purchaser, the Buyer or Buyer’s Parent or any officertheir respective officers, directordirectors, employeeemployees, representatives or investor of any party heretoinvestors.

Appears in 1 contract

Sources: Equity Purchase Agreement (Westlake Chemical Corp)

Personal Liability. This Except for the obligations of Sellers’ Parent and Buyer Parents pursuant to Section 9.20, this Agreement shall not create or be deemed to create or permit any personal liability or obligation on the part of any direct or indirect stockholder of the Seller Group Sellers, Holdings or the Buyer or Buyer’s Parent or any officer, director, employee, employee or investor Representative of any party hereto.

Appears in 1 contract

Sources: Stock Purchase Agreement (America Movil Sa De Cv/)

Personal Liability. This Agreement shall not create or be deemed to create or permit any personal liability or obligation on the part of any direct or indirect stockholder of the Seller Group , or the Buyer or Buyer’s Parent or any officer, director, employee, Representative or investor of any party heretothe Seller or the Buyer.

Appears in 1 contract

Sources: Equity and Asset Purchase Agreement (Kimberly Clark Corp)

Personal Liability. This Agreement shall not create or be deemed to create or permit any personal liability or obligation on the part of any direct or indirect stockholder of the Seller Group , or the Buyer or Buyer’s Parent or any officer, director, employee, representative or investor of any either party hereto.

Appears in 1 contract

Sources: Asset Purchase Agreement (SCM Microsystems Inc)

Personal Liability. This Agreement shall not create or be deemed to create or permit any personal liability or obligation on the part of any direct or indirect stockholder of the Seller Group , or the Buyer or Buyer’s Parent or any officer, director, employee, representative or investor of any party Party hereto.. [SIGNATURE PAGE FOLLOWS]

Appears in 1 contract

Sources: Asset Purchase Agreement

Personal Liability. This Except as and to the extent expressly provided elsewhere in this Agreement, this Agreement shall not create or be deemed to create or permit any personal liability or obligation on the part of any direct or indirect stockholder shareholder of the Seller Group , the Buyer or Buyer’s Parent any corporate party hereto or any officer, director, employee, agent, representative or investor of any party hereto.

Appears in 1 contract

Sources: Share Purchase Agreement (Data Systems & Software Inc)

Personal Liability. This Agreement shall not create or be deemed to create or permit any personal liability or obligation on the part of any direct or indirect stockholder of the Seller Group , the Buyer Company or Buyer’s Parent or Acquisition or any officer, director, employee, agent, representative or investor of any party hereto. Section 7.10.

Appears in 1 contract

Sources: Merger Agreement (Vantive Corp)

Personal Liability. This Except with respect to the Non-Competition Agreements, this Agreement shall not create or be deemed to create or permit any personal liability or obligation on the part of any direct or indirect stockholder of the any Seller Group , the Buyer or Buyer’s Parent Buyers or any officer, director, manager, member, employee, agent, representative or investor of any party hereto.

Appears in 1 contract

Sources: Asset Purchase Agreement (Zep Inc.)

Personal Liability. This Agreement shall not create or be deemed to create or permit any personal liability or obligation Liability on the part of any direct or indirect stockholder of the Seller Group , or the Buyer or Buyer’s Parent or any officer, director, employee, Representative or investor of any party heretoeither Party.

Appears in 1 contract

Sources: Asset Purchase Agreement

Personal Liability. This Except as expressly set forth herein with respect to the Shareholders, this Agreement shall not create or be deemed to create or permit any personal liability or obligation on the part of any direct Shareholder or indirect stockholder of the Seller Group , the Buyer Parent or Buyer’s Parent Acquisition Sub or any officer, director, employee, agent, stockholder, shareholder, representative or investor of any party hereto.

Appears in 1 contract

Sources: Merger Agreement (Cadence Design Systems Inc)

Personal Liability. This Except as expressly provided for herein, this Agreement shall not create or be deemed to create or permit any personal liability or obligation on the part of any direct or indirect stockholder or equityholder of the any Seller Group , or any Blocker or the Buyer or Buyer’s Parent or any officer, director, employee, Representative or investor of any party hereto.

Appears in 1 contract

Sources: Securities Purchase Agreement (Mattress Firm Holding Corp.)

Personal Liability. This Agreement shall not create or be deemed to create or permit any personal liability or obligation on the part of any direct or indirect stockholder of the Seller Group , or the Buyer or Buyer’s Parent or any officer, director, employee, representative or investor of any party Party hereto.

Appears in 1 contract

Sources: Asset Purchase Agreement (Callaway Golf Co)

Personal Liability. This Agreement (including the provisions of Article XII) shall not create or be deemed to create or permit any personal liability or obligation on the part of any direct or indirect stockholder stockholder, member, or partner of the Seller Group , Sellers or the Buyer or Buyer’s Parent Purchaser or any officer, director, manager, employee, agent, representative, or investor of any party hereto.

Appears in 1 contract

Sources: Stock Purchase Agreement (Universal Technical Institute Inc)

Personal Liability. This Agreement shall not create or be deemed to create or permit any personal liability Liability or obligation on the part of any direct or indirect stockholder of the Seller Group , or the Buyer or Buyer’s Parent or any officer, director, employee, Representative or investor of any party hereto.

Appears in 1 contract

Sources: Asset Purchase Agreement (A. H. Belo Corp)

Personal Liability. This Except as expressly set forth herein, this Agreement shall not create or be deemed to create or permit any personal liability or obligation on the part of any direct or indirect stockholder of the Seller Group , the Buyer or Buyer’s Parent or any officer, director, employee, agent, shareholder or investor representative of any party hereto. 7.

Appears in 1 contract

Sources: Asset Purchase Agreement

Personal Liability. This Agreement shall not create or ------------------ be deemed to create or permit any personal liability or obligation Liability on the part of any direct or indirect stockholder of the Seller Group , or the Buyer or Buyer’s Parent or any officer, director, employee, Representative or investor of any party heretoeither Party.

Appears in 1 contract

Sources: Asset Purchase Agreement (Solutia Inc)

Personal Liability. This Agreement shall not create or be deemed to create or permit any personal liability or obligation on the part of any direct or indirect stockholder of the Seller Group , the or Buyer or Buyer’s Parent or any officer, director, employee, agent, representative or investor of any party hereto, except in the event of actual fraud or willful misconduct by such Person.

Appears in 1 contract

Sources: Stock Purchase Agreement (Aeroflex Inc)

Personal Liability. This Except as set forth in Section 13.18, this Agreement shall not create or be deemed to create or permit any personal liability or obligation on the part of any direct or indirect stockholder of the Seller Group , the Buyer either Sellers or Buyer’s Parent Buyers or any officer, director, employee, representative or investor of any party hereto.

Appears in 1 contract

Sources: Purchase Agreement (Isle of Capri Casinos Inc)

Personal Liability. This Agreement shall not create or be deemed to create or permit any personal liability or obligation on the part of any direct or indirect stockholder of the Seller Group , the Buyer or Buyer’s Parent or any officerstockholder, director, officer, employee, authorized representative or investor agent of any party heretoBuyer.

Appears in 1 contract

Sources: Investment Agreement (Total System Services Inc)

Personal Liability. This Except as and to the extent ------------------ expressly provided elsewhere in this Agreement, this Agreement shall not create or be deemed to create or permit any personal liability or obligation on the part of any direct or indirect stockholder shareholder of the Seller Group , the Buyer Company or Buyer’s Parent or Acquisition or any officer, director, employee, agent, representative or investor of any party hereto.

Appears in 1 contract

Sources: Agreement and Plan of Merger (Virata Corp)

Personal Liability. This Except as provided in Section 10.17, this Agreement shall not create or be deemed to create or permit any personal liability or obligation on the part of any direct or indirect stockholder of the Seller Group , or the Buyer or Buyer’s Parent or any officer, director, employee, Representative, or investor of any party hereto.

Appears in 1 contract

Sources: Sale and Purchase Agreement (Om Group Inc)

Personal Liability. This Except as and to the extent expressly ------------------ provided elsewhere in this Agreement, this Agreement shall not create or be deemed to create or permit any personal liability or obligation on the part of any direct or indirect holder of Shares, Company Stock Options or Company Warrants or any direct or indirect stockholder of the Seller Group , the Buyer Parent or Buyer’s Parent Acquisition or any officer, director, employee, agent, representative or investor of any party hereto.

Appears in 1 contract

Sources: Merger Agreement (Virata Corp)

Personal Liability. This Agreement (including the provisions of Article XII) shall not create or be deemed to create or permit any personal liability or obligation on the part of any direct or indirect stockholder stockholder, member or partner of the Seller Group , or the Buyer or Buyer’s Parent Purchaser or any officer, director, manager, employee, agent, representative or investor of any party hereto.

Appears in 1 contract

Sources: Stock Purchase Agreement (Universal Technical Institute Inc)

Personal Liability. This Except as and to the extent expressly ------------------ provided elsewhere in this Agreement, this Agreement shall not create or be deemed to create or permit any personal liability or obligation on the part of any direct or indirect stockholder shareholder of the Seller Group , the Buyer Company or Buyer’s Parent or Acquisition or any officer, director, employee, agent, representative or investor of any party hereto.

Appears in 1 contract

Sources: Merger Agreement (Virata Corp)

Personal Liability. This Agreement shall not create or be deemed to create or permit any personal liability or obligation on the part of any direct or indirect stockholder of the Seller Group , Sellers or the Buyer or Buyer’s Parent Buyers or any officer, director, employee, Representative or investor of any party Party hereto.

Appears in 1 contract

Sources: Asset Purchase Agreement (Standard Register Co)

Personal Liability. This Except as expressly set forth in Section 11.22 and Section 11.23, this Agreement shall not create or be deemed to create or permit any personal liability or obligation on the part of any direct or indirect stockholder member of the Seller Group , or the Buyer or Buyer’s Parent or any officer, director, employee, Representative or investor of any party hereto.

Appears in 1 contract

Sources: Membership Interest Purchase Agreement (Williams Partners L.P.)

Personal Liability. This Except as and to the extent expressly ------------------ provided elsewhere in this Agreement, this Agreement shall not create or be deemed to create or permit any personal liability or obligation on the part of any direct or indirect stockholder shareholder of the Seller Group , the Buyer or Buyer’s Parent or any officer, director, employee, agent, representative or investor of any party hereto.

Appears in 1 contract

Sources: Share Purchase Agreement (Virata Corp)

Personal Liability. This Except as explicitly contemplated by this Agreement, this Agreement shall not create or be deemed to create or permit any personal liability or obligation on the part of any direct or indirect stockholder of the Seller Group , or the Buyer or Buyer’s Parent or any officer, director, employee, Representative or investor of any either party hereto.

Appears in 1 contract

Sources: Equity Purchase Agreement (STR Holdings, Inc.)

Personal Liability. This Agreement shall not create or be deemed to create or permit any personal liability or obligation on the part of any direct or indirect stockholder of the Seller Group , the or Buyer or Buyer’s Parent or any officer, director, employee, representative or investor of any party either Party hereto.

Appears in 1 contract

Sources: Asset Purchase Agreement (Lbi Media Holdings Inc)

Personal Liability. This Except as expressly set forth herein with respect to the Sellers, this Agreement shall not create or be deemed to create or permit any personal liability or obligation on the part of any direct or indirect stockholder of the Seller Group , the Buyer or Buyer’s Parent or any officer, director, employee, agent, stockholder, representative or investor of any party hereto.

Appears in 1 contract

Sources: Sale Agreement (Sirna Therapeutics Inc)

Personal Liability. This Agreement shall not create or be deemed to create or permit any personal liability Liability or obligation on the part of any direct or indirect stockholder shareholder of the Seller Group , the Company or Buyer or Buyer’s Parent or any officer, director, employee, agent, representative or investor of any party hereto.

Appears in 1 contract

Sources: Merger Agreement (PQ Systems INC)