Common use of OTC Bulletin Board Clause in Contracts

OTC Bulletin Board. For a period of 12 months following the Closing, Shiprock shall use its commercially reasonable efforts to cause its Common Stock to be traded on either the OTC Bulletin Board, on The Nasdaq Stock Market, or any exchange. Notwithstanding the foregoing, Shiprock shall not be deemed to be in breach of the foregoing covenant if it is removed from any trading system due to its failure to meet any balance sheet or other financial requirement established by the trading system.

Appears in 4 contracts

Samples: Agreement and Plan of Reorganization (Kapoor John N), Agreement and Plan of Reorganization (Duska Therapeutics, Inc.), Agreement and Plan of Reorganization (Duska Therapeutics, Inc.)

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