Kentucky Stockholder Support Agreement between Andrew H. Tompkins and Isle of Capri Casinos, Inc.

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Multi-State
Control #:
US-EG-9270
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Word; 
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Stockholder Support Agreement between Andrew H. Tompkins and Isle of Capri Casinos, Inc. regarding Buyer and Merger Sub entering into merger agreement dated October 5, 1999. 8 pages.

The Kentucky Stockholder Support Agreement is a legal document that outlines the terms and conditions between Andrew H. Tompkins and Isle of Capri Casinos, Inc. It is a binding agreement that details the rights and obligations of both parties involved in a stockholder relationship. In this agreement, Andrew H. Tompkins, who is a stockholder in Isle of Capri Casinos, Inc., agrees to support and vote in favor of certain actions proposed by the company. These actions may include mergers, acquisitions, or other significant corporate transactions. By signing the agreement, Tompkins provides his consent and commitment to support these actions, ensuring their successful execution. The Kentucky Stockholder Support Agreement serves as a safeguard to protect the interests of both Andrew H. Tompkins and Isle of Capri Casinos, Inc. By entering into this agreement, Tompkins shows his trust and confidence in the company's management and their ability to make sound business decisions that will benefit the stockholders as a whole. Furthermore, the agreement may outline specific conditions or contingencies that must be met for Tompkins to continue his support. These conditions could include maintaining a certain level of financial performance, achieving predetermined milestones, or receiving necessary regulatory approvals. In case these conditions are not met, the agreement may grant Tompkins the right to withdraw his support or take alternative actions. While the Kentucky Stockholder Support Agreement between Andrew H. Tompkins and Isle of Capri Casinos, Inc. generally covers the aforementioned principles, it's important to note that there might be multiple types or variations of such agreements. These variations could include agreements with different durations, specific provisions related to dividend distributions, board seat allocations, or other unique terms that are negotiated between the parties involved. In summary, the Kentucky Stockholder Support Agreement serves as a formal commitment from Andrew H. Tompkins to support specific actions proposed by Isle of Capri Casinos, Inc. It ensures alignment and cooperation between the stockholder and the company, promoting transparency and stability in their business relationship.

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Kentucky Stockholder Support Agreement between Andrew H. Tompkins and Isle of Capri Casinos, Inc.