280G Waivers. The 280G Waiver of each Person who might receive any payments or benefits that Parent determines may, separately or in the aggregate, constitute “parachute payments” under Section 280G of the Code shall be in effect immediately prior to the date of solicitation of the 280G Approval.
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Samples: Agreement and Plan of Reorganization (Zovio Inc), Agreement and Plan of Reorganization (Zovio Inc)
280G Waivers. The 280G Waiver of each Person who might receive any payments or and/or benefits that Parent determines may, separately or in the aggregate, constitute “parachute payments” under Section 280G of the Code shall be in effect immediately prior to any Stockholder solicitation contemplated under Section 5.2(b) and in any event prior to the date of solicitation of the 280G ApprovalClosing.
Appears in 2 contracts
Samples: Agreement and Plan of Reorganization (GOOD TECHNOLOGY Corp), Agreement and Plan of Reorganization (GOOD TECHNOLOGY Corp)
280G Waivers. The 280G Waiver of each Each Person who might receive any payments or and/or benefits that Parent the Company determines (in a manner satisfactory to Parent) may, separately or in the aggregate, constitute “parachute payments” under Section 280G of the Code shall have submitted a waiver for such “parachute payments” (a “280G Waiver”) and each 280G Waiver shall be in effect immediately prior to any Stockholder solicitation contemplated under Section 5.2(b) and in any event prior to the date Closing. Table of solicitation of the 280G Approval.Contents
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