Termination of Company Stock Plans. As of the Effective Time, all Company Stock Plans shall terminate, and no further Company Options, Restricted Stock Units or other rights with respect to shares of Company Common Stock shall be granted thereunder. Prior to the Effective Time, the Company Board (or, if appropriate, a duly authorized committee thereof) shall adopt appropriate resolutions as are necessary to give effect to this Section 2.03(c).
Appears in 6 contracts
Samples: Agreement and Plan of Merger (Wesco International Inc), Agreement and Plan of Merger (Anixter International Inc), Agreement and Plan of Merger (Wesco International Inc)
Termination of Company Stock Plans. As Prior to the Effective Time, the Company Board (or, if appropriate, any committee thereof) shall adopt resolutions that provide that, as of the Effective Time, all Company Stock Plans shall terminate, and no further Company Options, Restricted Stock Units or other rights with respect to shares of Company Common Stock Shares or any other awards shall be granted thereunder. Prior to the Effective Time, the Company Board (or, if appropriate, a duly authorized committee thereof) shall adopt appropriate resolutions as are necessary to give effect to this Section 2.03(c).
Appears in 6 contracts
Samples: Agreement and Plan of Merger (Pc Tel Inc), Agreement and Plan of Merger (Pc Tel Inc), Agreement and Plan of Merger (Startek, Inc.)
Termination of Company Stock Plans. As of After the Effective Time, all Company Stock Plans shall terminate, be terminated and no further Company Options, Restricted Stock Units Options or other rights with respect to shares of Company Common Stock Shares shall be granted thereunder. Prior to the Effective Time, the Company Board (or, if appropriate, a duly authorized committee thereof) shall adopt appropriate resolutions as are necessary to give effect to this Section 2.03(c).
Appears in 5 contracts
Samples: Agreement and Plan of Merger, Agreement and Plan of Merger (Valeant Pharmaceuticals International, Inc.), Agreement and Plan of Merger (Salix Pharmaceuticals LTD)
Termination of Company Stock Plans. As of After the Effective Time, all Company Stock Plans shall terminate, be terminated and no further Company Options, Restricted Stock Units Shares or other rights with respect to shares of Company Common Stock Shares shall be granted thereunder. Prior to the Effective Time, the Company Board (or, if appropriate, a duly authorized committee thereof) shall adopt appropriate resolutions as are necessary to give effect to this Section 2.03(c).
Appears in 4 contracts
Samples: Agreement and Plan of Merger (Cogentix Medical Inc /De/), Agreement and Plan of Merger (Vascular Solutions Inc), Agreement and Plan of Merger (Teleflex Inc)
Termination of Company Stock Plans. As of After the Effective Time, all Company Stock Plans shall terminate, be terminated and no further Company Options, Restricted Stock Units Stock, Performance Shares, or other rights with respect to shares of Company Common Stock shall be granted thereunder. Prior to the Effective Time, the Company Board (or, if appropriate, a duly authorized committee thereof) shall adopt appropriate resolutions as are necessary to give effect to this Section 2.03(c).
Appears in 3 contracts
Samples: Agreement and Plan of Merger, Agreement and Plan of Merger (ITC Holdings Corp.), Agreement and Plan of Merger
Termination of Company Stock Plans. As Following the Offer Closing and prior to the Effective Time, the Company shall take all actions necessary to terminate all of its Company Stock Plans, such termination to be effective at the Effective Time. After the Effective Time, all Company Stock Plans shall terminate, be terminated and no further Company Options, Restricted Stock Units Options or other rights with respect to shares of Company Common Stock shall be granted thereunder. Prior to the Effective Time, the Company Board (or, if appropriate, a duly authorized committee thereof) shall adopt appropriate resolutions as are necessary to give effect to this Section 2.03(c).
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Verizon Communications Inc), Agreement and Plan of Merger (Terremark Worldwide Inc.)
Termination of Company Stock Plans. As of After the Effective Time, all Company Stock Plans shall terminate, be terminated and no further Company Options, Restricted Stock Units Options or other rights with respect to shares of Company Common Stock Shares shall be granted thereunder. Prior to the Effective Time, the Company Board (or, if appropriate, a duly authorized committee thereof) shall adopt appropriate resolutions as are necessary to give effect to this Section 2.03(c).
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Dreams Inc), Agreement and Plan of Merger (Dreams Inc)
Termination of Company Stock Plans. As of the Effective Time, all Company Stock Plans shall terminate, and no further Company Options, Restricted Stock Units or other rights with respect to shares of Company Common Stock Shares shall be granted thereunder. Prior to the Effective Time, the Company Board (or, if appropriate, a duly authorized committee thereof) shall adopt appropriate resolutions as are necessary to give effect to this Section 2.03(c).
Appears in 1 contract
Samples: Agreement and Plan of Merger (Cellular Dynamics International, Inc.)
Termination of Company Stock Plans. As of the Effective Time, all Company Stock Plans shall terminate, and no further Company Options, Stock Units, Restricted Stock Units or other rights with respect to shares of Company Common Stock Shares shall be granted thereunder. Prior to the Effective Time, under the Company Board (orStock Plans, if appropriate, a duly authorized committee thereof) and the Company Stock Plans shall adopt appropriate resolutions as are necessary to give effect to this Section 2.03(c)terminate.
Appears in 1 contract
Termination of Company Stock Plans. As of After the Effective Time, all Company Stock Plans shall terminate, be terminated and no further Company Options, Restricted Stock Units or other rights with respect to shares of Company Common Stock Shares shall be granted thereunder. Prior to the Effective Time, the Company Board (or, if appropriate, a duly authorized committee thereof) shall adopt appropriate resolutions as are necessary to give effect to this Section 2.03(ce).
Appears in 1 contract
Samples: Agreement and Plan of Merger (Diversified Restaurant Holdings, Inc.)
Termination of Company Stock Plans. As of the Effective Time, all Company Stock Plans shall terminate, and no further Company Options, Restricted Stock Units or other rights with respect to shares of Company Common Stock Shares shall be granted thereunder. Prior to the Effective Time, the Company Board (or, if appropriate, a duly authorized committee thereof) shall adopt appropriate resolutions as are necessary to give effect to this Section 2.03(c).
Appears in 1 contract
Samples: Agreement and Plan of Merger (Meadowbrook Insurance Group Inc)
Termination of Company Stock Plans. As of the Effective Time, all Company Stock Plans shall terminate, and no further Company Options, Restricted Stock Units At or other rights with respect to shares of Company Common Stock shall be granted thereunder. Prior prior to the Effective Time, the Company Board (or, if appropriate, or a duly authorized committee thereof) will adopt such resolutions and will take such other actions as shall adopt appropriate resolutions be required to ensure that, as are necessary to give effect to this Section 2.03(c)of the Effective Time, the Company Stock Plans shall terminate and no Person shall have any right under the Company Stock Plans, except as set forth herein.
Appears in 1 contract
Samples: Stock Purchase and Merger Agreement (GTC Biotherapeutics Inc)
