Common use of Rule 16b-3 Clause in Contracts

Rule 16b-3. Prior to the Effective Time, the Company shall take all such actions as may be required to cause the transactions contemplated by Section 3.7 and any other dispositions of equity securities of the Company 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 2 contracts

Samples: Agreement and Plan of Merger (Peregrine Semiconductor Corp), Agreement and Plan of Merger (Peregrine Semiconductor Corp)

AutoNDA by SimpleDocs

Rule 16b-3. Prior to the Effective Time, the Company shall may take all such actions as may be required steps reasonably necessary to cause dispositions of Shares, Options, Restricted Shares and Warrants pursuant to the transactions contemplated by Section 3.7 and any other dispositions of equity securities of the Company this Agreement by each individual who is a director or officer who is subject to Section 16 of the Company Exchange Act to be exempt under Rule 16b-3 promulgated thereunder in accordance with procedures in such rule or under that certain No-Action Letter dated January 12, 1999 issued by the Exchange ActSEC regarding such matters.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Skywest Inc), Agreement and Plan of Merger (Expressjet Holdings Inc)

Rule 16b-3. Prior to the Effective Time, the Company shall take all such actions steps as may be required reasonably necessary or advisable to cause the transactions contemplated by Section 3.7 and any other dispositions of equity securities of Company Securities pursuant to the Company Transactions by each individual who is a director or officer of the Company subject to Section 16 of the Exchange Act to be exempt under Rule 16b-3 promulgated under the Exchange Act.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Altra Industrial Motion Corp.), Agreement and Plan of Merger (Regal Rexnord Corp)

Rule 16b-3. Prior to the Effective Time, the Company shall (and shall be permitted to) take all such actions as may be required steps reasonably necessary to cause the transactions contemplated by Section 3.7 hereby and any other dispositions of equity securities of the Company including any Company equity awards pursuant to Section 2.8 in connection with this Agreement by each individual who is a director or officer subject to the reporting requirements of Section 16(a) of the Company Exchange Act to be exempt under Rule 16b-3 promulgated under the Exchange Act.

Appears in 1 contract

Samples: Vi Agreement and Plan of Merger (Interline Brands, Inc./De)

Rule 16b-3. Prior to the Effective Time, the Company shall take all such actions as may be required to cause the transactions contemplated by Section 3.7 2.8 and any other dispositions of equity securities of the Company by each individual who is a director or officer of the Company to be exempt under Rule 16b-3 16b‑3 promulgated under the Exchange Act.

Appears in 1 contract

Samples: Agreement and Plan of Merger (WaferGen Bio-Systems, Inc.)

Rule 16b-3. Prior to the Effective Time, the Company shall (and shall be permitted to) take all such actions as may be required steps reasonably necessary or appropriate to cause the transactions contemplated by Section 3.7 Transactions and any other dispositions of equity securities of the Company (including any Company equity awards pursuant to Section 2.8 in connection with this Agreement) by each individual who is a director or officer subject to the reporting requirements of Section 16(a) of the Company Exchange Act to be exempt under Rule 16b-3 promulgated under the Exchange Act.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Alco Stores Inc)

Rule 16b-3. Prior to the Effective Time, the Company shall take all such actions steps as may be required to cause the transactions contemplated by Section 3.7 2.3 and any other dispositions of Company equity securities of (including derivative securities) pursuant to the Company Transactions by each individual who is a director or officer of the Company subject to Section 16 of the Exchange Act to be exempt under Rule 16b-3 promulgated under the Exchange Act.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Gp Strategies Corp)

Rule 16b-3. Prior to the Effective Time, the Company shall take all such actions as may be required steps reasonably necessary to cause the transactions contemplated by Section 3.7 hereby and any other dispositions of equity securities of the Company in connection with this Agreement by each individual who is a director or officer subject to the reporting requirements of Section 16(a) of the Company Exchange Act to be exempt under Rule 16b-3 promulgated under the Exchange Act.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Aly Nauman A)

AutoNDA by SimpleDocs

Rule 16b-3. Prior to the Effective Time, the Company shall take all such actions steps as may be required to cause dispositions of Company Common Stock, Company Stock Options and Company Restricted Shares pursuant to the transactions contemplated by Section 3.7 and any other dispositions of equity securities of the Company this Agreement by each individual who is a director or officer of the Company to be exempt under from Section 16(b) of the Exchange Act by reason of Rule 16b-3 promulgated under the Exchange Act.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Prospect Medical Holdings Inc)

Rule 16b-3. Prior to the Effective Time, the Company shall take all such actions steps as may be required to cause the transactions contemplated by Section 3.7 2.3 and any other dispositions of Company equity securities of (including derivative securities) pursuant to the Company transactions contemplated by this Agreement by each individual who is a director or officer of the Company subject to Section 16 of the Exchange Act to be exempt under Rule 16b-3 promulgated under the Exchange Act.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Regal Entertainment Group)

Rule 16b-3. Prior to the Effective Time, the Company shall, and shall be permitted to, take all such actions as may be required appropriate action, to the extent reasonably necessary to cause dispositions of Shares and Company Options pursuant to the transactions contemplated by Section 3.7 and any other dispositions of equity securities of the Company this Agreement by each individual Person who is a director 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 (Affinity Gaming)

Rule 16b-3. Prior to the Effective Time, the Company shall take all such actions steps as may be required reasonably necessary or advisable hereto to cause dispositions of Company Shares, Company Equity Awards, and any other equity securities (including derivative securities) pursuant to the transactions contemplated by Section 3.7 and any other dispositions of equity securities of the Company this Agreement by each individual who is a director or officer of the Company Company, subject to the reporting requirements of Section 16(a) of the Exchange Act with respect to the Company, to be exempt under Rule 16b-3 promulgated under the Exchange Act.

Appears in 1 contract

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

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