Common use of Termination of Standstill Provisions Clause in Contracts

Termination of Standstill Provisions. (a) Subject to Section 3.2(b), the provisions of Section 3.1 shall terminate and be of no further force and effect in the event the Board shall have endorsed, approved, recommended, or resolved to endorse, approve or recommend a Company Acquisition Transaction.

Appears in 3 contracts

Samples: Shareholder Agreement (Aterian, Inc.), Voting and Standstill Agreement (Aterian, Inc.), Shareholder Agreement (Aterian, Inc.)

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Termination of Standstill Provisions. (a) Subject to Section 3.2(b4.2(b), the provisions of Section 3.1 4.1 shall terminate and be of no further force and effect in the event the Board shall have endorsed, approved, recommended, or resolved to endorse, approve or recommend a Company Acquisition Transaction.

Appears in 2 contracts

Samples: Voting and Standstill Agreement (Mohawk Group Holdings, Inc.), Voting and Standstill Agreement (Mohawk Group Holdings, Inc.)

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