Common use of Dissolution or Liquidation Clause in Contracts

Dissolution or Liquidation. In the event of the dissolution or liquidation of the Company other than as part of a Change of Control, each Award will terminate immediately prior to the consummation of such action, subject to the ability of the Committee to exercise any discretion authorized in the case of a Change in Control.

Appears in 15 contracts

Samples: Stock Option Award Agreement (Commerce Energy Group, Inc.), Stock Option Award Agreement (Commerce Energy Group, Inc.), Restricted Share Award Agreement (Commerce Energy Group, Inc.)

AutoNDA by SimpleDocs

Dissolution or Liquidation. In the event of the dissolution or liquidation of the Company other than as part of a Change of ControlCompany, each Award will terminate immediately prior to the consummation of such action, subject to unless otherwise determined by the ability of the Committee to exercise any discretion authorized in the case of a Change in ControlAdministrator.

Appears in 10 contracts

Samples: Securities Purchase Agreement (Cortex Pharmaceuticals Inc/De/), Network Betanet Node Agreement, Network Betanet Node Agreement

Dissolution or Liquidation. In the event of the dissolution or liquidation of the Company other than as part of a Change of ControlCompany, each Award will shall terminate immediately prior to the consummation of such action, subject to unless otherwise determined by the ability of the Committee to exercise any discretion authorized in the case of a Change in ControlCommittee.

Appears in 4 contracts

Samples: Agreement and Plan of Reorganization (FTAC Olympus Acquisition Corp.), Director Nomination Agreement (GS Acquisition Holdings Corp II), Agreement and Plan of Merger (Fusion Acquisition Corp.)

Dissolution or Liquidation. In Except as otherwise provided in an Award Agreement, in the event of the dissolution or liquidation of the Company other than as part of a Change of in Control, each Award will terminate immediately prior to the consummation of such actiondissolution or liquidation, subject to the ability of the Committee to exercise any discretion authorized in the case of a Change in Control.

Appears in 2 contracts

Samples: Business Combination Agreement (Pioneer Merger Corp.), Business Combination Agreement (McAp Acquisition Corp)

AutoNDA by SimpleDocs

Dissolution or Liquidation. In the event of the dissolution or liquidation of the Company Bank other than as part of a Change of in Control, each this Award will terminate immediately prior to the consummation of such action, subject to the ability of the Committee to exercise any discretion authorized in the case of a Change in Control.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Amalgamated Financial Corp.)

Time is Money Join Law Insider Premium to draft better contracts faster.