Common use of Termination of Merger Clause in Contracts

Termination of Merger. This merger may be abandoned at any time prior to the filing of Articles of Merger with the Secretary of State of the State of Nevada, upon a vote of a majority of the Board of Directors of both Parent and Subsidiary. If the merger is terminated, there will be no liability on the part of either Constituent Corporation, their respective Boards of Directors or stockholders.

Termination of Merger. This merger may be abandoned at any time prior to the filing of Articles of Merger with the Secretary of State of the State of NevadaState, upon a vote of a majority of the Board of Directors of both Parent SILVER HILL NEVADA and SubsidiarySILVER HILL WASHINGTON. If the merger is terminated, there will be no liability on the part of either Constituent Corporation, their respective Boards of Directors Directors, or stockholdersshareholders.

Termination of Merger. This merger may be abandoned at any time prior to the filing of Articles of Merger with the Secretary of State of the State of NevadaState, upon a vote of a majority of the Board of Directors of both Parent SENIOR OPTICIAN NEVADA and SubsidiarySENIOR OPTICIAN MINNESOTA. If the merger is terminated, there will be no liability on the part of either Constituent Corporation, their respective Boards of Directors Directors, or stockholdersshareholders.

Termination of Merger. This merger may be abandoned at any time prior to the filing of Articles of Merger with the Secretary of State of the State of NevadaState, upon a vote of a majority of the Board of Directors of both Parent Quad Washington and SubsidiaryQuad Nevada. If the merger is terminated, there will shall be no liability on the part of either Constituent Corporation, their respective Boards of Directors Directors, or stockholdersshareholders.

Termination of Merger. This merger may be abandoned at any time prior to the filing of Articles of Merger with the Secretary of State of the State of NevadaState, upon a vote of a majority of the Board of Directors of both Parent PVEI and SubsidiaryNew Directions. If the merger is terminated, there will shall be no liability on the part of either Constituent Corporation, their respective Boards Board of Directors Directors, or stockholdersshareholders.