Dynax definition
Examples of Dynax in a sentence
Each Benefit Plan maintained by Dynax and its Subsidiaries has been administered in compliance with its own terms and in compliance with the provisions of ERISA, the Code, the Age Discrimination in Employment Act and any other applicable legal requirements where individually or in the aggregate the failure to comply would not reasonably be likely to have a Material Adverse Effect on the financial condition of Dynax and its Subsidiaries taken as a whole.
In the event the merger (the “Dynax Merger”) of Dynax Solutions, Inc.
There are no outstanding or authorized stock appreciation, phantom stock, profit participation, or similar rights with respect to Dynax or any of its Subsidiaries.
At the Effective Time, all unexercised and unexpired options to purchase Dynax Common Stock (“Dynax Options”) then outstanding, under any stock option plan of Dynax or any other plan, agreement or arrangement (the “Dynax Stock Option Plans”), whether or not then exercisable, will be assumed by the Surviving Corporation.
There are no existing collective bargaining agreements or contracts or agreements with labor unions, relating to, involving or affecting the employees of Dynax or any of its Subsidiaries to which Dynax or any of its Subsidiaries is a party or by which it is bound.
The Definitive Dynax Proxy Materials will not contain any untrue statement of a Material fact or omit to state a Material fact necessary in order to make the statements made, in the light of the circumstances under which they will be made, not misleading; provided, however, that Dynax makes no representation or warranty with respect to any information that enherent will supply specifically for use in the Definitive Dynax Proxy Materials.
Dynax shall cause ▇▇▇▇▇▇▇, ▇▇▇▇▇▇ & ▇▇▇▇▇▇▇ L.L.P. to conduct a review of the unaudited quarterly financial statements included in the Dynax Financial Statements that is substantially equivalent to the review that would have been conducted had such financial statements been included in a Quarterly Report on Form 10-Q.
The only vote of the holders of any class or series of capital stock of Dynax necessary to approve this Agreement and the transactions contemplated hereby is the Requisite Dynax Stockholder Approval.
Dynax represents and warrants to enherent that the statements contained in this §3 are correct and complete as of the date of this Agreement and will be correct and complete as of the Closing Date (as though made then and as though the Closing Date were substituted for the date of this Agreement throughout this §3), except as set forth in the disclosure schedule accompanying this Agreement and initialed by the Parties (the “Disclosure Schedule”).
On and subject to the terms and conditions of this Agreement, Dynax will merge with and into enherent (the “Merger”) at the Effective Time.