Common use of Entire Agreement; No Third-Party Beneficiary; Severability Clause in Contracts

Entire Agreement; No Third-Party Beneficiary; Severability. Except as otherwise set forth in the Merger Agreement, this Agreement, together with the Merger Agreement, (a) constitutes the entire agreement and supersedes all prior agreements and understandings, both written and oral, between the parties with respect to the subject matter hereof and (b) is not intended to confer upon any person other than the parties hereto any rights or remedies hereunder. If any term, provision, covenant or restriction of this Agreement is held by a court of competent jurisdiction or a federal or state regulatory agency to be invalid, void or unenforceable, the remainder of the terms, provisions, covenants and restrictions of this Agreement shall remain in full force and effect and shall in no way be affected, impaired or invalidated. If for any reason such court or regulatory agency determines that the Option does not permit Grantee to acquire, or does not require Issuer (or Substitute Option Issuer) to repurchase, the full number of shares of Issuer Common Stock (or Substitute Common Stock) as provided in Sections 2, 7 and 9 (or in the case of Substitute Common Stock Sections 2 and 8), as adjusted pursuant to Section 6, it is the express intention of Issuer to allow Grantee to acquire or to require Issuer to repurchase such lesser number of shares as may be permissible without any amendment or modification hereof.

Appears in 2 contracts

Samples: Stock Option Agreement (Walsh International Inc \De\), Stock Option Agreement (Pharmaceutical Marketing Services Inc)

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Entire Agreement; No Third-Party Beneficiary; Severability. Except as otherwise set forth in the Merger Agreement, this Agreement, together with the Merger Agreement, (a) constitutes the entire agreement and supersedes all prior agreements and understandings, both written and oral, between the parties with respect to the subject matter hereof and (b) is not intended to confer upon any person other than the parties hereto any rights or remedies hereunder. If any term, provision, covenant or restriction of this Agreement is held by a court of competent jurisdiction or a federal or state regulatory agency to be invalid, void or unenforceable, the remainder of the terms, provisions, covenants and restrictions of this Agreement shall remain in full force and effect and shall in no way be affected, impaired or invalidated. If for any reason such court or regulatory agency determines that the Option does not permit Grantee to acquire, or does not require Issuer (or Substitute Option Issuer) to repurchase, acquire the full number of shares of Issuer Common Stock (or Substitute Common Stock) as provided in Sections Section 2, 7 and 9 (or in the case of Substitute Common Stock Sections 2 and 8), as adjusted pursuant to Section 6, it is the express intention of Issuer to allow Grantee to acquire or to require Issuer to repurchase such lesser number of shares as may be permissible without any amendment or modification hereof.

Appears in 2 contracts

Samples: Stock Option Agreement (Pharmaceutical Marketing Services Inc), Stock Option Agreement (Quintiles Transnational Corp)

Entire Agreement; No Third-Party Beneficiary; Severability. Except as otherwise set forth in the Merger Agreement, this Agreement, together with the Merger Agreement, Agreement and the Warner-Lambert Stock Option Axxxxxxxx (ax) constitutes xonstitutes the entire agreement and supersedes all prior agreements and understandings, both written and oral, between the parties with respect to the subject matter hereof and (b) is not intended to confer upon any person other than the parties hereto any rights or remedies hereunder. If any term, provision, covenant or restriction of this Agreement is held by a court of competent jurisdiction or a federal or state regulatory agency to be invalid, void or unenforceable, the remainder of the terms, provisions, covenants and restrictions of this Agreement shall remain in full force and effect and shall in no way be affected, impaired or invalidated. If for any reason such court or regulatory agency determines that the Option does not permit Grantee to acquire, or does not require Issuer (or Substitute Option Issuer) to repurchase, the full number of shares of Issuer Common Stock (or Substitute Common Stock) Shares as provided in Sections 2, 7 and 9 (or in the case of Substitute Common Stock Sections 2 and 8)7, as adjusted pursuant to Section 6, it is the express intention of Issuer to allow Grantee to acquire or to require Issuer to repurchase such lesser number of shares Shares as may be permissible without any amendment or modification hereof.

Appears in 2 contracts

Samples: Stock Option Agreement (American Home Products Corp), Stock Option Agreement (American Home Products Corp)

Entire Agreement; No Third-Party Beneficiary; Severability. Except as otherwise set forth in the Merger Agreement, this Agreement, together with the Merger Agreement, Agreement and the Warner-Lambert Stock Option Agreement (a) constitutes the entire agreement and xxxxxxxxx xxx supersedes all prior agreements and understandings, both written and oral, between the parties with respect to the subject matter hereof and (b) is not intended to confer upon any person other than the parties hereto any rights or remedies hereunder. If any term, provision, covenant or restriction of this Agreement is held by a court of competent jurisdiction or a federal or state regulatory agency to be invalid, void or unenforceable, the remainder of the terms, provisions, covenants and restrictions of this Agreement shall remain in full force and effect and shall in no way be affected, impaired or invalidated. If for any reason such court or regulatory agency determines that the Option does not permit Grantee to acquire, or does not require Issuer (or Substitute Option Issuer) to repurchase, the full number of shares of Issuer Common Stock (or Substitute Common Stock) Shares as provided in Sections 2, 7 and 9 (or in the case of Substitute Common Stock Sections 2 and 8)7, as adjusted pursuant to Section 6, it is the express intention of Issuer to allow Grantee to acquire or to require Issuer to repurchase such lesser number of shares Shares as may be permissible without any amendment or modification hereof.

Appears in 1 contract

Samples: Stock Option Agreement (Warner Lambert Co)

Entire Agreement; No Third-Party Beneficiary; Severability. Except as otherwise set forth in the Merger Agreement, this Agreement, together with the Merger Agreement, Agreement and the WC Stock Option Agreement (a) constitutes the entire agreement and supersedes all prior agreements and understandings, both written and oral, between the parties with respect to the subject matter hereof and (b) is not intended to confer upon any person other than the parties hereto any rights or remedies hereunder. If any term, provision, covenant or restriction of this Agreement is held by a court of competent jurisdiction or a federal or state regulatory agency to be invalid, void or unenforceable, the remainder of the terms, provisions, covenants and restrictions of this Agreement shall remain in full force and effect and shall in no way be affected, impaired or invalidated. If for any reason such court or regulatory agency determines that the Option does not permit Grantee to acquire, or does not require Issuer (or Substitute Option Issuer) to repurchase, the full number of shares of Issuer Common Stock (or Substitute Common Stock) Shares as provided in Sections 2, 7 and 9 (or in the case of Substitute Common Stock Sections 2 and 8)7, as adjusted pursuant to Section 6, it is the express intention of Issuer to allow Grantee to acquire or to require Issuer to repurchase such lesser number of shares Shares as may be permissible without any amendment or modification hereof.

Appears in 1 contract

Samples: Stock Option Agreement (Ocular Sciences Inc /De/)

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Entire Agreement; No Third-Party Beneficiary; Severability. Except as otherwise set forth in the Merger Agreement, this Agreement, together with the Merger Agreement, (a) constitutes the entire agreement and supersedes all prior agreements and understandings, both written and oral, between the parties with respect to the subject matter hereof and (b) is not intended to confer upon any person other than the parties hereto any rights or remedies hereunder. If any term, provision, covenant or restriction of this Agreement is held by a court of competent jurisdiction or a federal or state regulatory agency to be invalid, void or unenforceable, the remainder of the terms, provisions, covenants and restrictions of this Agreement shall remain in full force and effect and shall in no way be affected, impaired or invalidated. If for any reason such court or regulatory agency determines that the Option does not permit Grantee Holdings to acquire, or does not require Issuer (or Substitute Option Issuer) the Company to repurchase, the full number of shares of Issuer Common Stock (or Substitute Common Stock) Shares as provided in Sections 2, 7 and 9 (or in the case of Substitute Common Stock Sections 2 and 8)10, as adjusted pursuant to Section 67, it is the express intention of Issuer the Company to allow Grantee Holdings to acquire or to require Issuer the Company to repurchase such lesser number of shares Shares as may be permissible without any amendment or modification hereof.

Appears in 1 contract

Samples: Stock Option Agreement (Gtech Corp)

Entire Agreement; No Third-Party Beneficiary; Severability. Except as otherwise set forth in the Merger Agreement, this Agreement, together with the Merger Agreement, Agreement and the Warner-Lambert Stock Option Agreement (a) constitutes the entire agreement and entirx xxxxxxxxx xxd supersedes all prior agreements and understandings, both written and oral, between the parties with respect to the subject matter hereof and (b) is not intended to confer upon any person other than the parties hereto any rights or remedies hereunder. If any term, provision, covenant or restriction of this Agreement is held by a court of competent jurisdiction or a federal or state regulatory agency to be invalid, void or unenforceable, the remainder of the terms, provisions, covenants and restrictions of this Agreement shall remain in full force and effect and shall in no way be affected, impaired or invalidated. If for any reason such court or regulatory agency determines that the Option does not permit Grantee to acquire, or does not require Issuer (or Substitute Option Issuer) to repurchase, the full number of shares of Issuer Common Stock (or Substitute Common Stock) Shares as provided in Sections 2, 7 and 9 (or in the case of Substitute Common Stock Sections 2 and 8)7, as adjusted pursuant to Section 6, it is the express intention of Issuer to allow Grantee to acquire or to require Issuer to repurchase such lesser number of shares Shares as may be permissible without any amendment or modification hereof.

Appears in 1 contract

Samples: Stock Option Agreement (Warner Lambert Co)

Entire Agreement; No Third-Party Beneficiary; Severability. Except as otherwise set forth in The Agreement (including the Merger Agreement, this Agreement, together with the Merger Agreement, documents and instruments referred to herein) (a) constitutes the entire agreement agreement, and supersedes all prior agreements and understandings, both written and oral, between among the parties with respect to the subject matter hereof of the Agreement and (b) is are not intended to confer upon any person person, other than the parties hereto parties, any rights or remedies hereunderremedies. If any term, provision, covenant or restriction of this the Agreement is held by a court of competent jurisdiction or a federal or state regulatory agency to be invalid, void or unenforceable, the remainder of the terms, provisions, covenants and restrictions of this the Agreement shall remain in full force and effect and shall in no way be affected, impaired or invalidated. If for any reason such court or regulatory agency determines that the Option does not permit Grantee to acquire, or does not require Issuer (or Substitute Option Issuer) to repurchase, the full number of shares of Issuer Common Stock (or Substitute Common Stock) as provided in Sections 2, 3 and 7 and 9 (or in the case of Substitute Common Stock Sections 2 and 8), as adjusted pursuant to Section 6), it is the express intention of Issuer to allow Grantee to acquire or to require Issuer to repurchase such lesser number of shares as may be permissible without any amendment or modification hereof.

Appears in 1 contract

Samples: Option Agreement (Printcafe Software Inc)

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