Common use of Merger and Consolidation Clause in Contracts

Merger and Consolidation. (a) Following the merger of one or more corporations with and into the Corporation or any consolidation of the Corporation and one or more corporations in which the Corporation is the surviving corporation, the exercise of the Option shall apply to the shares of common stock of the surviving corporation.

Appears in 81 contracts

Samples: Nonqualified Stock Option Agreement (Micron Enviro Systems Inc), Nonqualified Stock Option Agreement (Micron Enviro Systems Inc), Amended Nonqualified Stock Option Agreement (Micron Enviro Systems Inc)

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Merger and Consolidation. (a) Following the merger of one or more --------------------------- corporations with and into the Corporation or any consolidation of the Corporation and one or more corporations in which the Corporation is the surviving corporation, the exercise of the Option shall apply to the shares of common stock of the surviving corporation.

Appears in 16 contracts

Samples: Nonqualified Stock Option Agreement (Micron Enviro Systems Inc), Nonqualified Stock Option Agreement (Micron Enviro Systems Inc), Nonqualified Stock Option Agreement (Micron Enviro Systems Inc)

Merger and Consolidation. (a) Following the merger of one or more -------------------------------- corporations with and into the Corporation or any consolidation of the Corporation and one or more corporations in which the Corporation is the surviving corporation, the exercise of the Option shall apply to the shares of common stock of the surviving corporation.

Appears in 5 contracts

Samples: Nonqualified Stock Option Agreement (Micron Enviro Systems Inc), Nonqualified Stock Option Agreement (Micron Enviro Systems Inc), Nonqualified Stock Option Agreement (Micron Enviro Systems Inc)

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Merger and Consolidation. (a6.(a) Following the merger of one or more corporations with and into the Corporation Employer or any consolidation of the Corporation Employer and one or more corporations in which the Corporation Employer is the surviving corporation, the exercise of the Option these options shall apply to the shares of common stock of the surviving corporation.

Appears in 1 contract

Samples: Statutory Incentive Stock Option Agreement (Hyperbaric Systems)

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