Common use of Parent Change in Recommendation Due to Parent Intervening Event Clause in Contracts

Parent Change in Recommendation Due to Parent Intervening Event. Notwithstanding anything to the contrary set forth in Section 5.3(e), upon the occurrence of any Parent Intervening Event, the Parent Board may, at any time prior to the time the Parent Stockholder Approval is obtained, make a Parent Change in Recommendation, if all of the following conditions are met:

Appears in 4 contracts

Samples: Agreement and Plan of Merger (Metacrine, Inc.), Agreement and Plan of Merger (SomaLogic, Inc.), Agreement and Plan of Merger and Reorganization (Twilio Inc)

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Parent Change in Recommendation Due to Parent Intervening Event. Notwithstanding anything to the contrary set forth in Section 5.3(e), upon the occurrence of any Parent Intervening Event, that did not result from a material breach of this Section 5.3, the Parent Board may, at any time prior to the time the Parent Stockholder Approval is obtained, make a Parent Change in Recommendation, if all of the following conditions are met:

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Engility Holdings, Inc.), Agreement and Plan of Merger (Science Applications International Corp)

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Parent Change in Recommendation Due to Parent Intervening Event. Notwithstanding anything to the contrary set forth in Section 5.3(e5.4(e), upon the occurrence of any Parent Intervening Event, the Parent Board may, at any time prior to the time the Required Parent Stockholder Approval Vote is obtained, make a Parent Change in Recommendation, if all of the following conditions are met:

Appears in 1 contract

Samples: Agreement and Plan of Merger (Revolution Medicines, Inc.)

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