Definition of Poet Merger


Poet Merger means the merger of Poet Holdings, Inc., a Delaware corporation ("Poet") with and into Puma Acquisition, Inc., a Delaware corporation and a subsidiary of the Company ("Sub") pursuant to that certain Agreement and Plan of Merger dated as of September 27, 2003, by and among the Company, Poet and Sub, as such may be amended from time to time.
Sample 1

Examples of Poet Merger in a sentence

The Merger Expenses incurred by Poet are referred to herein as the "Poet Merger Expenses" and the Merger Expenses incurred by Versant are referred to herein as the "Versant Merger Expenses".
The initial Conversion Price for the Series A Preferred Stock shall be the Original Issue Price for the Series A Preferred Stock divided by two; provided however, that effective upon the Poet Merger Effective Time, the Conversion Price shall be $1.42.
After Poet has presented such verification of the Poet Merger Expenses to Versant and Versant has paid the amount verified by Poet, Versant will have no further obligation to pay any further or additional amount to Poet pursuant to this Section 8.3.