Common use of Plan Matters Clause in Contracts

Plan Matters. The Company and the Company Board (and any subcommittee thereof) shall adopt such resolutions and take such action as may be necessary or desirable to give effect to this Section 1.8. By virtue of the Merger and without further action, the 2011 Incentive Compensation Plan and any other outstanding Stock Plan shall be terminated as of the Effective Time.

Appears in 2 contracts

Sources: Merger Agreement (Insight Enterprises Inc), Merger Agreement (Datalink Corp)