Common use of Target Options Clause in Contracts

Target Options. Target covenants that Target shall take all actions to or make such determinations with respect to the Target Options as are necessary to implement the provisions of this Agreement (including Section 2.6(d) and Section 2.6(e)). Target covenants that Target shall take all actions necessary to terminate the Target Stock Plan, such termination to be effective at or before the Effective Time.

Appears in 1 contract

Sources: Merger Agreement (Silicon Laboratories Inc)

Target Options. Target covenants that Target it shall take all actions to or make such determinations with respect to the Target Options as are necessary to implement the provisions of this Agreement (including Section 2.6(d) and Section 2.6(e2.6(f)). Target covenants that Target shall take all actions necessary to terminate the Target Stock Plan, such termination to be effective at or before the Effective Time.

Appears in 1 contract

Sources: Merger Agreement (Silicon Laboratories Inc)

Target Options. Target covenants that the Board of Directors of the Target shall take all actions make such amendments and adjustments to or make such determinations with respect to the Target Options as are necessary to implement the provisions of this Agreement (including Section 2.6(d) and Section 2.6(e2.6(b)). Target covenants that Target shall take all actions necessary to terminate the all of its Target Stock PlanPlans, such termination to be effective at or before the Effective Time.

Appears in 1 contract

Sources: Agreement and Plan of Reorganization (Silicon Laboratories Inc)