Common use of Approval of Compensation Arrangements Clause in Contracts

Approval of Compensation Arrangements. Prior to the consummation of the Offer, the Company shall take any action necessary to ensure that any Compensation Arrangements entered into after the date of this Agreement (or not previously approved as contemplated by Section 4.03(d)) have been approved as contemplated by Exchange Act Rule 14d-10 for the purpose of satisfying the requirements of the non-exclusive safe harbor set forth in paragraph (d) of such Rule.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Open Text Corp), Agreement and Plan of Merger (Actuate Corp)

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Approval of Compensation Arrangements. Prior to the consummation of the OfferAcceptance Time, the Company shall take any action necessary to ensure that any Compensation Company Arrangements entered into after the date of this Agreement hereof (or not previously approved as contemplated by Section 4.03(d4.02(d)) have been approved as contemplated by Exchange Act Rule 14d-10 for the purpose of satisfying the requirements of the non-exclusive safe harbor set forth in paragraph (d) of such Rule.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Zoll Medical Corp)

Approval of Compensation Arrangements. Prior to the consummation of the Offer, the Company shall take any action necessary to ensure that any Compensation Arrangements entered into by the Company or its Subsidiaries after the date of this Agreement (or not previously approved as contemplated by Section 4.03(d3.2(c)) have been approved by the Compensation Committee of the Company Board as contemplated by Exchange Act Rule 14d-10 for the purpose of satisfying the requirements 14d-10(d)(2) of the non-exclusive safe harbor set forth in paragraph (d) of such RuleExchange Act.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Guidance Software, Inc.)

Approval of Compensation Arrangements. Prior to the consummation of the Offer, the Company and the Company Board shall take any action necessary to ensure that any Compensation Arrangements entered into after the date of this Agreement (or not previously approved as contemplated by Section 4.03(d4.03(c)) have been approved as contemplated by Exchange Act Rule 14d-10 for the purpose of satisfying the requirements of the non-exclusive safe harbor set forth in paragraph (d) of such Rule.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Ariad Pharmaceuticals Inc)

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Approval of Compensation Arrangements. Prior to the consummation of the Offer, the Company shall take any action necessary to ensure that any Compensation Arrangements entered into after the date of this Agreement (or not previously approved as contemplated by Section 4.03(d4.03(c)) have been approved as contemplated by Exchange Act Rule 14d-10 for the purpose of satisfying the requirements of the non-exclusive safe harbor set forth in paragraph (d) of such Rule.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Daegis Inc.)

Approval of Compensation Arrangements. Prior to the consummation of the Offer, the Company and the Company Board (or duly authorized committee thereof) shall take any action necessary to ensure that any Compensation Arrangements entered into after the date of this Agreement (or entered into on or prior to such date and not previously approved as contemplated by Section 4.03(d4.03(c)) have been approved as contemplated by Exchange Act Rule 14d-10 for the purpose of satisfying the requirements of the non-exclusive safe harbor set forth in paragraph (d) of such Rule.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Bioverativ Inc.)

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