CMeRun Clause Samples

CMeRun. I has entered into or anticipates entering into a merger agreement ("CMeRun I/FAC Merger Sub Agreement") with Fundae Merger Sub Inc., a wholly owned subsidiary of Fundae Acquisition Corp. ("Fundae Delaware"), where upon the surviving corporation shall be called C Me Run Corp. ("C Me Run II") on terms which provide that: (a) for each common share in CMeRun I each shareholder shall receive 1 Fundae Delaware common share; (b) for each option in CMeRun I each holder shall receive 1 Fundae Delaware option on equivalent terms; (c) for each warrant in CMeRun I each holder shall receive 1 Fundae Delaware warrant on equivalent terms; and (d) Fundae Delaware and CMeRun II will merge to form CMeRun Corp. ("CMeRun III"); (e) Fundae Delaware and/or CMeRun III will honour the obligations of this Agreement such that: (i) for each common share in CMeRun Alberta, each shareholder will receive 1 common share in CMeRun III or an Exchangeable Share in CAC convertible into a common share in CMeRun III; and (ii) for each option in CMeRun Alberta each holder will receive 1 CMeRun III option to acquire CMeRun III Common Shares on equivalent terms.