Equity Plan Proposal definition
Examples of Equity Plan Proposal in a sentence
Except as may be contemplated by the Acquiror Equity Plan Proposal, neither Acquiror nor Merger Sub maintains or contributes to any Benefit Plan.
Except as may be contemplated by the Acquiror Equity Plan Proposal, Acquiror does not maintain, contribute to or have any obligation or liability, or could reasonably be expected to have any obligation or liability, under, any Benefit Plan with respect to which Acquiror has any outstanding obligations or liabilities.
The Buyer shall use commercially reasonable efforts to solicit from its stockholders proxies in favor of each of the Buyer Voting Proposal and the Buyer Equity Plan Proposal and secure the vote or consent of the stockholders of the Buyer required by the rules of The NASDAQ Stock Market LLC to obtain such approvals.
Prior to the mailing of the Joint Proxy Statement/Prospectus to the Buyer’s stockholders, the Buyer Board, at a meeting to be duly called and held, will direct that the Buyer Equity Plan Proposal be submitted to the stockholders of the Buyer for their approval and will resolve to recommend that the stockholders of the Buyer vote in favor of the Buyer Equity Plan Proposal.
The Buyer Board shall recommend approval and adoption of each of the Buyer Voting Proposal and the Buyer Equity Plan Proposal by the stockholders of the Buyer and include such recommendation in the Joint Proxy Statement/Prospectus, and neither the Buyer Board nor any committee thereof shall withdraw or modify, in a manner adverse to the Company, the recommendation of the Buyer Board that the Buyer’s stockholders vote in favor of each of the Buyer Voting Proposal and the Buyer Equity Plan Proposal.
To the extent that the Company presents a Qualified Equity Plan Proposal for stockholder approval at the 2025 Annual Meeting of Stockholders (or any special meeting of stockholders prior to the date thereof), the Investors will vote all Warrant Shares then held by them as of the applicable record date in favor of such proposal.