Common use of Incentive Plan Proposal Clause in Contracts

Incentive Plan Proposal. The Recapitalization Share Exchange is conditioned upon the approval of each of the proposals. Failure to receive approval of any of the proposals provides each of Allarity A/S and Allarity Delaware with a right to terminate the Reorganization Agreement. If our shareholders do not approve each of the proposals, the reorganization may not be consummated. If the Recapitalization Share Exchange Proposals is not approved, each of the other proposals will not be presented to the shareholders for a vote.

Incentive Plan Proposal. The Recapitalization Share Exchange is conditioned upon the approval of each of the proposals. Failure to receive approval of any of the proposals provides each of Allarity A/S and Allarity Delaware with a right to terminate the Reorganization Agreement. If our shareholders do not approve each of the proposals, the reorganization may not be consummated. If the The Recapitalization Share Exchange Proposals is not approved, each of the other proposals will not be presented to the shareholders for a vote.