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c~ taa~n~r as if Ilopeland had iti8c:lf f::cu:: ~:4 such li~biliCy
or liabilf tios i?n~/~r o~i:i~a~iols , but tnv Iia?~ilicie~ of
Iiop~laad os Kasoll sht~ll not tii aff~cted. nor ~hall th~ righ~s
of craditara t~~r~of or aisy peraons aad any claim axisting or
ac~ioA or procsedin~ p~ndir.g by or a~ains~ ~ither }io~~land or
~ .~soll nay be prosacu.ed to jud~nt a~ ~he m~r~er her~:~n
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' ~ provid~d :or had ~ct :~:cam place. or tiopeland ~ay b~s pro~0eded
againit or aubatitu~ed ia thair places.
AXTZC:.:. X
~ Anytair.g to the co~~rary ~z~rein notwithotaading. this
~re~ant ~ha12 be ter~.:nated ~n~ sbandoned in the evsnt that
• this agreemaat shall not hava b~en adopt~o app:ove3 oa or prior
: o ti~e t~•ar~er ~iate by t: ~ aeockholc:er~ or both Hopelaad a~zd Y.a~oll
as rsqLir~d by th~ laws o: the State of Lo~isiana. I~t:~cthermora.
. mything to tha contrary notw:ths~anc33.r.~ this a~resaent ~y, prioY
'to ths M~r~or Data. be terminsted amd abanc:oned-by tha_rwtual
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can~ont og tha BoarcB o£ Direc~ors of Hopeland ~d 't.a~o~l. "
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F ARTTCLE XY
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All expeases :.neidan~ to th8 marEer herein provided
, s:~tall bo paid by Hope2a?ad prov~ded. however, t~.at in th~ 4vent
that such ra~arger shall not ta'~s place or sha22 not becor~e ef fsctivs
~~r a~y reagon ~Iopslaad and Kasoll enall each pay expsn~os
_ rsapectively incur~ed by each incident to th~ negotiatioT and
sffgctu~tion of thi~ mex~er, including the e~rponae of soliclting
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th4 votaa and/or conae~Ms of its stockhol~iera her~to and th~ f4ss
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~ ~ and exp~ses of ~couaaal . f iAancial adviaa=s and auditars r~taiasd
~ by sach. ' .
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ARTICLE XII
' i K.aaoll sgrees thst from tir..e to tim~, as and ti+h~n
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requs~tsd b~t kopeland or by ita succe4sors or assi~n?s, it vill
s:c~cuto or delivc~ or cau~• to be execute~d or deliverad all sucb
d~ada wd otbsr inatruax~aza and will tak~ ar cau~s to b~ taksn
such furth~r actfoA as ~opaln~nd r.~ay ~Qem necessasy os daairabls
i~ ord~r to vs~t in ~und cenfis-~a to Hopslaad t1t1~ ta sad possusio~a
of all proparty. ri~hti , privilegea and franchi~?ss sa! 1Gaso11 aad
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