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

• Category: Corporations - Public - Stockholder
• State: Multi-State
• Control #: US-EG-9270
• Format: Word; Rich Text

Description

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.

Vermont Stockholder Support Agreement: A Comprehensive Overview of the Agreement between Andrew H. Tompkins and Isle of Capri Casinos, Inc. Keywords: Vermont Stockholder Support Agreement, Andrew H. Tompkins, Isle of Capri Casinos, agreement types, shareholder rights, voting rights, stock acquisition, company restructuring. Introduction: The Vermont Stockholder Support Agreement is a legally binding contract that outlines the terms and conditions of a partnership between Andrew H. Tompkins and Isle of Capri Casinos, Inc. This agreement aims to establish a strong relationship between both parties and ensure their mutual cooperation for the successful growth and development of the company. The agreement encompasses various types, each designed to address specific scenarios and circumstances. Let's explore the key aspects and potential variations of this agreement. 1. The Basic Vermont Stockholder Support Agreement: The basic form of the agreement includes provisions regarding the rights and obligations of Andrew H. Tompkins, a stockholder, and Isle of Capri Casinos, Inc., a publicly traded company. It typically covers matters such as voting rights, stock acquisition, dividends, and access to company information. This foundational agreement ensures that both parties have a clear understanding of their roles and responsibilities. 2. Vermont Stockholder Support Agreement for Acquisition: In the case of a potential acquisition or merger, an acquisition-specific variation of the stockholder support agreement comes into play. This agreement outlines the roles of Andrew H. Tompkins and Isle of Capri Casinos, Inc. in the acquisition process. It establishes the terms for the transfer of stock, the consideration to be paid, and any additional conditions required for the completion of the acquisition. 3. Vermont Stockholder Support Agreement for Restructuring: This agreement type arises when the company, Isle of Capri Casinos, Inc., plans to undergo internal restructuring, such as a spin-off, divestiture, or consolidation. The agreement between Andrew H. Tompkins and the company addresses the stockholder's rights and obligations during the restructuring process, including any potential adjustments to voting rights, dividends, or other related matters. 4. Vermont Stockholder Support Agreement for Proxy Voting: In some instances, Andrew H. Tompkins may grant the company the authority to cast votes on his behalf. This agreement deals explicitly with proxy voting and specifies the conditions under which the company may exercise this power. It clarifies the specific matters for which proxies can be appointed, the level of control to be relinquished by the stockholder, and any limitations or revocability of the proxies. Conclusion: The Vermont Stockholder Support Agreement between Andrew H. Tompkins and Isle of Capri Casinos, Inc. forms a crucial document concerning their relationship as stockholders and the responsibilities they hold towards each other. This agreement ensures transparency, clarifies the legal rights and obligations, and paves the way for smooth decision-making processes within the company. Whether it's a standard agreement or a more specific variation for acquisitions, restructuring, or proxy voting, these agreements provide a solid framework for the beneficial and collaborative functioning of both parties.