Takeover Provisions. ITI has taken all necessary action, if any, in order to render inapplicable any control share acquisition, business combination, poison pill (including any distribution under a rights agreement) or other similar anti-takeover provision under the articles of incorporation or the laws of the state of Delaware which is or could become applicable as a result of the transactions contemplated by this Agreement, including without limitation, Lil Marc's issuance of the Merger Consideration (collectively, "Takeover Laws"). ITI has not adopted a shareholder rights plan or similar arrangement relating to accumulations of beneficial ownership of ITI Common Stock or a change in control of ITI.
Appears in 4 contracts
Samples: Agreement and Plan of Merger (Lil Marc Inc), Agreement and Plan of Merger (Lil Marc Inc), Agreement and Plan of Merger (Lil Marc Inc)
