Common use of Potential Termination Clause in Contracts

Potential Termination. If the Merger Agreement is terminated prior to the Merger, then this Agreement shall automatically terminate and the Stock Option Agreements indentified on Table A shall continue in full force and effect pursuant to their terms.

Appears in 3 contracts

Samples: Employment Agreement (Carolina Financial Corp), Agreement and Plan of Merger (Carolina Financial Corp), Agreement and Plan of Merger (Congaree Bancshares Inc)

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Potential Termination. If the Merger Agreement is terminated prior to the Merger, then this Agreement shall automatically terminate and the Stock Option Agreements indentified on Table A shall continue in full force and effect pursuant to their termsterminate.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Charter Financial Corp), Employment Agreement (First Community Corp /Sc/)

Potential Termination. If the Merger Agreement is terminated prior to the Merger, then this Agreement shall automatically terminate and the Stock Option Agreements Option(s) indentified on Table A shall continue in full force and effect pursuant to their terms.

Appears in 1 contract

Samples: Stock Option Cancellation Agreement (Span America Medical Systems Inc)

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Potential Termination. If the Merger Agreement is terminated prior to the Merger, then this Agreement shall automatically terminate and the Stock Option Agreements indentified on Table A Warrant shall continue in full force and effect pursuant to their its terms.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Congaree Bancshares Inc)

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