Rule 16b-3 Matters. Prior to the Company Merger Effective Time, the Company shall be permitted to take such steps as may be reasonably necessary or advisable to cause dispositions of Company equity securities (including derivative securities) pursuant to the Mergers by each individual who is a director or officer of the Company to be exempt under Rule 16b-3 promulgated under the Exchange Act.
Appears in 4 contracts
Samples: Agreement and Plan of Merger (Watermark Lodging Trust, Inc.), Agreement and Plan of Merger (Ps Business Parks, Inc./Md), Agreement and Plan of Merger (QTS Realty Trust, Inc.)
Rule 16b-3 Matters. Prior to the Company Merger Effective Time, the Company shall be permitted to take such steps as may be reasonably necessary or advisable to cause dispositions of Company equity securities (including derivative securities) pursuant to the Mergers by each individual who is a director trustee or officer of the Company to be exempt under Rule 16b-3 promulgated under the Exchange Act.
Appears in 1 contract
Samples: Agreement and Plan of Merger (GPT Operating Partnership LP)
Rule 16b-3 Matters. Prior to the Company Merger Effective Time, the Company shall be permitted to may take such steps further actions, if any, as may be reasonably necessary or advisable appropriate to cause ensure that the dispositions of Company equity securities of the Company (including derivative securities) pursuant to the Mergers transactions contemplated by each individual who is a this Agreement by any officer or director or officer of the Company who is subject to be Section 16 of the Exchange Act are exempt under Rule 16b-3 promulgated under the Exchange Act.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Strategic Hotels & Resorts, Inc)
