Common use of Section 351 Exchange Plan Clause in Contracts

Section 351 Exchange Plan. By executing this Agreement, each Stockholder is deemed to have approved and adopted the Section 351 Exchange Plan to the same extent as if he had subscribed his signature thereon.

Appears in 4 contracts

Samples: Employment Agreement (Advanced Communications Group Inc/De/), Agreement and Plan of Exchange (Advanced Communications Group Inc/De/), Agreement and Plan of Exchange (Advanced Communications Group Inc/De/)

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Section 351 Exchange Plan. By executing this Agreement, each Stockholder Shareholder is deemed to have approved and adopted the Section 351 Exchange Plan to the same extent as if he had subscribed his signature thereonthereon and Seller is deemed to have approved and adopted the Section 351 Exchange Plan to the same extent as if a duly authorized officer of Seller had executed the Section 351 Exchange Plan for and in the name of and on behalf of Seller.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Advanced Communications Group Inc/De/), Asset Purchase Agreement (Advanced Communications Group Inc/De/)

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Section 351 Exchange Plan. By executing this Agreement, each Stockholder the Shareholder is deemed to have approved and adopted the Section 351 Exchange Plan to the same extent as if he had subscribed his signature thereonthereon and Seller is deemed to have approved and adopted the Section 351 Exchange Plan to the same extent as if a duly authorized officer of Seller had executed the Section 351 Exchange Plan for and in the name of and on behalf of Seller.

Appears in 1 contract

Samples: Asset Purchase Agreement (Advanced Communications Group Inc/De/)

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