Company Actions. (a) The Company hereby approves of and consents to the Offer, the Merger and the other Merger Transactions and consents to the inclusion in the Offer Documents of the Company Board Recommendation. (b) On the date the Offer Documents are filed with the SEC, the Company shall, concurrently with the filing of the Schedule TO, file with the SEC a Solicitation/Recommendation Statement on Schedule 14D-9 with respect to the Offer (together with all amendments and supplements thereto and including exhibits thereto, including, if applicable, a Rule 13E-3 transaction statement on Schedule 13E-3 (together with any amendments thereof or supplements thereto, the “Schedule 13E-3”), the “Schedule 14D-9”) containing, subject to Section 5.3, the Company Board Recommendation and shall cause the Schedule 14D-9 and the Schedule 13E-3 to be disseminated to the holders of Company Common Stock as and to the extent required by United States federal securities Laws, including Rule 14d-9 and Rule 13E-3 under the Exchange Act. Each of Parent and Merger Sub shall promptly furnish or otherwise make available to the Company or the Company’s legal counsel upon request all information concerning Parent and Merger Sub that is required by the Exchange Act or other applicable Law to be set forth in the Schedule 14D-9 or the Schedule 13E-3 and all other information concerning Parent and Merger Sub that may be reasonably requested by the Company for inclusion in the Schedule 14D-9 or the Schedule 13E-3. Each of the Company, Parent, and Merger Sub shall promptly correct any information supplied by it or on its behalf for inclusion or incorporation by reference in the Schedule 14D-9 or the Schedule 13E-3 if and to the extent that such information shall have become false or misleading in any material respect, and the Company shall take all steps necessary and use all reasonable efforts to promptly amend or supplement the Schedule 14D-9 or the Schedule 13E-3 and to cause the Schedule 14D-9 or the Schedule 13E-3 as so amended or supplemented to be filed with the SEC and disseminated to the holders of Company Common Stock, in each case as soon as and to the extent required by applicable Law. The Company shall promptly notify Parent upon the receipt of any comments from the SEC, or any request from the SEC for amendments or supplements, to the Schedule 14D-9 or the Schedule 13E-3, and shall promptly provide Parent with copies of all written correspondence and summaries of all material oral communications between the Company and its representatives, on the one hand, and the SEC, on the other hand. Prior to the filing of the Schedule 14D-9 or the Schedule 13E-3 and any amendment or supplement thereto (that does not contain or relate to an Adverse Recommendation Change) with the SEC or dissemination thereof to the holders of Company Common Stock, or responding to any comments of the SEC with respect to the Schedule 14D-9 or the Schedule 13E-3, the Company shall provide Parent, Merger Sub and their counsel a reasonable opportunity to review and comment on the Schedule 14D-9 or the Schedule 13E-3 or amendment or supplement or response, and the Company shall give reasonable consideration to any such comments. Unless the Offer has been terminated in accordance with the terms of this Agreement, in the event that the Company receives any comments from the SEC or its staff with respect to the Schedule 14D-9 or the Schedule 13E-3, then it shall use its commercially reasonable efforts to respond promptly to such comments. (c) The Schedule 14D-9 shall also reflect that the Merger is governed by Section 251(h) of the DGCL and contain and constitute the notice to holders of Company Common Stock of the availability of appraisal rights in connection with the Merger required to be delivered to such holders by Section 262(d) of the DGCL. The Company shall set the record date for the holders of Company Common Stock to receive such notice of appraisal rights as the same date as the Stockholder List Date and shall disseminate the Schedule 14D-9 including such notice of appraisal rights to such holders to the extent required by Section 262(d) of the DGCL provided, that, such record date will not be more than ten (10) calendar days prior to the date that the Schedule 14D-9 is first mailed. The Company hereby consents to the inclusion of the Company Board Recommendation in the Offer Documents and, absent an Adverse Recommendation Change, to the inclusion of a copy of the Schedule 14D-9 with the Offer Documents mailed or furnished to the holders of Company Common Stock. (d) The Company shall, or shall cause its transfer agent to, furnish Parent and Merger Sub and their agents promptly (and in any event within five (5) Business Days) after the date of this Agreement and from time to time thereafter as requested by Parent or Merger Sub with mailing labels containing the names and addresses of the record holders of Company Common Stock as of the latest practicable date and of those persons becoming record holders subsequent to such date, together with copies of all lists of stockholders, security position listings and computer files any non-objecting beneficial ownership lists, and all other information in the Company’s possession or control regarding the beneficial owners of Company Common Stock, in each case as of the latest date practicable, and shall promptly furnish to Parent and Merger Sub such other information and assistance (including periodically updated lists of stockholders, security position listings and computer files) as Parent or Merger Sub may reasonably request in connection with the Offer. The date of the list of stockholders used to determine the Persons to whom the Offer Documents and the Schedule 14D-9 are first disseminated is referred to as the “Stockholder List Date.” Subject to the requirements of applicable Law, and except for such steps as are necessary to disseminate the Offer Documents and any other documents necessary to consummate the Merger Transactions, Parent and Merger Sub and their representatives shall use the information contained in any such labels, listings and files only in connection with the Merger Transactions, shall treat such information and materials in accordance with the terms and conditions of the Confidentiality Agreement, and, if this Agreement is terminated, shall destroy all copies of such information then in their possession or under their control promptly upon the written request of the Company.
Appears in 8 contracts
Samples: Merger Agreement (RiverRoad Capital Partners, LLC), Merger Agreement (Sagrera Ricardo A.), Merger Agreement (Steinberg Michael)
Company Actions. (a) The Company hereby approves of and consents to the Offer, the Merger and the other Merger Transactions and consents to the inclusion in the Offer Documents of the Company Board Recommendation.
(b) On on the date the Offer Documents are filed with the SEC, the Company shall, concurrently with the filing of the Schedule TO, shall simultaneously file with the SEC a Solicitation/Recommendation Statement on Schedule 14D-9 with respect to the Offer (together with all amendments and supplements thereto and including exhibits theretosuch Schedule 14D-9, including, if applicable, a Rule 13E-3 transaction statement on Schedule 13E-3 (together with any amendments thereof or supplements thereto, the “Schedule 13E-3”)as amended from time to time, the “Schedule 14D-9”) containing, subject describing the recommendations referred to in Section 5.3, the Company Board Recommendation 3.3(b) and shall cause mail the Schedule 14D-9 and the Schedule 13E-3 to be disseminated to the holders of Company Common Stock as and to the extent required by United States federal securities Laws, including Rule 14d-9 and Rule 13E-3 under the Exchange Act. Each of Parent and Merger Sub shall promptly furnish or otherwise make available to the Company or the Company’s legal counsel upon request all information concerning Parent and Merger Sub that is required by the Exchange Act or other applicable Law to be set forth in the Schedule 14D-9 or the Schedule 13E-3 and all other information concerning Parent and Merger Sub that may be reasonably requested by the Company for inclusion in the Schedule 14D-9 or the Schedule 13E-3Shareholders. Each of the Company, Parent, Parent and Merger Sub Buyer shall promptly correct any information supplied provided by it or on its behalf for inclusion or incorporation by reference use in the Schedule 14D-9 or the Schedule 13E-3 if and to the extent that such information shall have become false or misleading in any material respect, and the Company shall take all steps necessary and use all reasonable efforts to promptly amend or supplement the Schedule 14D-9 or the Schedule 13E-3 and to cause the Schedule 14D-9 or the Schedule 13E-3 as so amended or supplemented to be filed with the SEC and disseminated to the holders of Company Common StockShareholders, in each case as soon as and to the extent required by applicable Law. The Company shall promptly notify Parent upon the receipt of any comments from the SEC, or any request from the SEC for amendments or supplements, to the Schedule 14D-9 or the Schedule 13E-3, and shall promptly provide Parent with copies of all written correspondence and summaries of all material oral communications between the Company and its representatives, on the one hand, and the SEC, on the other hand. Prior to the filing of the Schedule 14D-9 or the Schedule 13E-3 Federal securities Laws and any amendment or supplement thereto (that does not contain or relate to an Adverse Recommendation Change) with the SEC or dissemination thereof to the holders of Company Common Stock, or responding to any comments of the SEC with respect to the Schedule 14D-9 or the Schedule 13E-3, the Company shall provide Parent, Merger Sub other applicable Laws. Parent and Buyer and their counsel a reasonable shall be given the opportunity to review and comment on the Schedule 14D-9 and any supplements or amendments thereto prior to the Schedule 13E-3 filing thereof with the SEC. The Company shall provide Parent and its counsel in writing with any comments or amendment or supplement or response, and other communications the Company shall give reasonable consideration to any such comments. Unless the Offer has been terminated in accordance with the terms of this Agreement, in the event that the Company receives any comments or its counsel may receive from the SEC or its staff with respect to the Schedule 14D-9 promptly after the receipt of such comments or the Schedule 13E-3, then it shall use its commercially reasonable efforts to respond promptly to such commentsother communications.
(cb) The Schedule 14D-9 shall also reflect that Parent and Buyer will take all steps necessary to cause the Merger is governed by Section 251(h) of Offer Documents to be disseminated to the DGCL Company Shareholders in accordance with applicable state and contain and constitute the notice to holders of Company Common Stock of the availability of appraisal rights in federal Laws. In connection with the Merger required to be delivered to such holders by Section 262(d) of the DGCL. The Company shall set the record date for the holders of Company Common Stock to receive such notice of appraisal rights as the same date as the Stockholder List Date and shall disseminate the Schedule 14D-9 including such notice of appraisal rights to such holders to the extent required by Section 262(d) of the DGCL providedOffer, that, such record date will not be more than ten (10) calendar days prior to the date that the Schedule 14D-9 is first mailed. The Company hereby consents to the inclusion of the Company Board Recommendation in the Offer Documents and, absent an Adverse Recommendation Change, to the inclusion of a copy of the Schedule 14D-9 with the Offer Documents mailed or furnished to the holders of Company Common Stock.
(d) The Company shall, or shall cause its transfer agent toto furnish Buyer promptly, furnish Parent and Merger Sub and their agents promptly (and but in any event within five (5) Business Days) three business day after the date of this Agreement and from time to time thereafter as requested by Parent or Merger Sub Agreement, with mailing labels containing the names and addresses of the record holders of Company Common Stock as of the latest practicable a recent date and of those persons becoming record holders subsequent to such date, together with copies of all lists of stockholders, security position listings and computer files any non-objecting beneficial ownership lists, and all other information in the Company’s possession or control regarding the beneficial owners of Company Common Stock, in each case as of the latest date practicable, and shall promptly furnish to Parent and Merger Sub Buyer such other information and assistance (including periodically updated lists of stockholders, security position listings and computer files) as Parent or Merger Sub may reasonably request in connection with the Offer. The date of the list of stockholders used to determine the Persons to whom communicating the Offer Documents and to the Schedule 14D-9 are first disseminated is referred to as the “Stockholder List Date.” Company Shareholders. Subject to the requirements of applicable Law, and except for such steps as are necessary to disseminate the Offer Documents and any other documents necessary to consummate the Merger TransactionsOffer, Parent and Merger Sub Buyer shall, and shall cause their representatives shall use agents to, hold in confidence the information contained in any such labels, listings and files files, shall use such information only in connection with the Offer and the Merger Transactions, shall treat such information and materials in accordance with the terms and conditions of the Confidentiality Agreement, and, if this Agreement is shall be terminated, shall destroy shall, upon request, promptly deliver to the Company all copies of such information then in their possession or under their control promptly upon the written request of the Companycontrol.
Appears in 4 contracts
Samples: Agreement and Plan of Merger (Sprint Corp), Merger Agreement (Us Unwired Inc), Merger Agreement (Us Unwired Inc)
Company Actions. (a) The Company hereby approves of and consents to the Offer, the Merger and the other Merger Transactions and transactions contemplated by this Agreement. The Company hereby consents to the inclusion in the Offer Documents of the Company Board Recommendationrecommendation of the Company's board of directors described in Section 4.04(d).
(b) On Subject to Section 5.03, on the date the Offer Documents are filed with the SEC, the Company shall, concurrently with the filing of the Schedule TO, shall file with the SEC a Solicitation/Recommendation Statement on Schedule 14D-9 with respect to the Offer (such Schedule 14D-9, as amended or supplemented from time to time, and together with all amendments the information required to be provided by Section 14(f) of the Exchange Act and supplements thereto and including exhibits thereto, including, if applicable, a Rule 13E-3 transaction statement on Schedule 13E-3 (together with any amendments thereof or supplements thereto14f-1 promulgated thereunder, the “Schedule 13E-3”), the “"Schedule 14D-9”") containing, subject containing the recommendations referred to in Section 5.3, the Company Board Recommendation 4.04(d) and shall cause mail the Schedule 14D-9 and the Schedule 13E-3 to be disseminated to the holders of Company Common Stock as and to the extent required by United States federal securities Laws, including Rule 14d-9 and Rule 13E-3 under the Exchange Act. Each of Parent and Merger Sub shall promptly furnish or otherwise make available to the Company or the Company’s legal counsel upon request all information concerning Parent and Merger Sub that is required by the Exchange Act or other applicable Law to be set forth in the Schedule 14D-9 or the Schedule 13E-3 and all other information concerning Parent and Merger Sub that may be reasonably requested by the Company for inclusion in the Schedule 14D-9 or the Schedule 13E-3Stock. Each of the Company, Parent, Parent and Merger Sub shall promptly correct any information supplied provided by it or on its behalf for inclusion or incorporation by reference use in the Schedule 14D-9 or the Schedule 13E-3 if and to the extent that such information shall have originally been or shall have become false or misleading in any material respect, (whether by virtue of a material misstatement, material omission or otherwise), and the Company shall take all steps necessary and use all reasonable efforts to promptly amend or supplement the Schedule 14D-9 or the Schedule 13E-3 and to cause the Schedule 14D-9 or the Schedule 13E-3 as so amended or supplemented to be filed with the SEC and disseminated to the holders of Company Common StockCompany's stockholders, in each case as soon as and to the extent required by or deemed advisable under applicable Lawfederal securities laws. The Company shall promptly notify Parent upon the receipt of any comments from the SEC, or any request from the SEC for amendments or supplements, to the Schedule 14D-9 or the Schedule 13E-3, and shall promptly provide Parent with copies of all written correspondence and summaries of all material oral communications between the Company and its representatives, on the one hand, and the SEC, on the other hand. Prior to the filing of the Schedule 14D-9 or the Schedule 13E-3 and any amendment or supplement thereto (that does not contain or relate to an Adverse Recommendation Change) with the SEC or dissemination thereof to the holders of Company Common Stock, or responding to any comments of the SEC with respect to the Schedule 14D-9 or the Schedule 13E-3, the Company counsel shall provide Parent, Merger Sub and their counsel a be given reasonable opportunity to review and comment on upon the Schedule 14D-9 prior to its filing with the SEC or dissemination to stockholders of the Schedule 13E-3 or amendment or supplement or responseCompany. The Company shall provide Parent and its counsel in writing with any written comments (and orally, and any oral comments) the Company shall give reasonable consideration to any such comments. Unless the Offer has been terminated in accordance with the terms of this Agreement, in the event that the Company receives any comments or its counsel may receive from the SEC or its staff with respect to the Schedule 14D-9 or promptly after the Schedule 13E-3, then it receipt of such comments and shall use consult with Parent and its commercially reasonable efforts counsel prior to respond promptly responding to such commentscomments and shall give due regard to any comments made by such parties.
(c) The Schedule 14D-9 shall also reflect that the Merger is governed by Section 251(h) of the DGCL and contain and constitute the notice to holders of Company Common Stock of the availability of appraisal rights in In connection with the Merger required to be delivered to such holders by Section 262(d) of Offer and the DGCL. The Company shall set the record date for the holders of Company Common Stock to receive such notice of appraisal rights as the same date as the Stockholder List Date and shall disseminate the Schedule 14D-9 including such notice of appraisal rights to such holders to the extent required by Section 262(d) of the DGCL providedMerger, that, such record date will not be more than ten (10) calendar days prior to the date that the Schedule 14D-9 is first mailed. The Company hereby consents to the inclusion of the Company Board Recommendation in the Offer Documents and, absent an Adverse Recommendation Change, to the inclusion of a copy of the Schedule 14D-9 with the Offer Documents mailed or furnished to the holders of Company Common Stock.
(d) The Company shall, or shall cause its transfer agent to, to furnish Parent and Merger Sub and their agents promptly (and in any event within five (5) Business Days) after the date of this Agreement and from time to time thereafter as requested by Parent or Merger Sub with mailing labels containing the names and addresses of the record holders of Company Common Stock as of the latest practicable a recent date and of those persons becoming record holders subsequent to such date, together with copies of all lists of stockholders, security position listings and computer files any non-objecting beneficial ownership lists, and all other information in the Company’s 's possession or control regarding the beneficial owners of Company Common Stock, in each case as of the latest date practicable, and shall promptly furnish to Parent and Merger Sub such other information and assistance (including periodically updated lists of stockholders, security position listings and computer files) as Parent or Merger Sub may reasonably request in connection with the Offer. The date of the list of stockholders used to determine the Persons to whom communicating the Offer Documents and to the Schedule 14D-9 are first disseminated is referred to as the “Stockholder List Date.” Company's stockholders. Subject to the requirements of applicable Lawlaw, and except for such steps as are necessary to disseminate the Offer Documents and any other documents necessary to consummate the Offer, the Merger Transactionsand the other transactions contemplated by this Agreement, Parent and Merger Sub and their representatives shall use hold in confidence the information contained in any such labels, listings and files files, shall use such information only in connection with the Offer and the Merger Transactions, shall treat such information and materials in accordance with the terms and conditions of the Confidentiality Agreement, and, if this Agreement is shall be terminated, shall destroy shall, upon request, deliver to the Company all copies of such information then in their possession or under their control promptly upon the written request of the Companypossession.
Appears in 4 contracts
Samples: Merger Agreement (Information Resources Inc), Merger Agreement (Information Resources Inc), Merger Agreement (Information Resources Inc)
Company Actions. (a) The Company hereby approves shall file on the date of and consents to the Offer, the Merger and the other Merger Transactions and consents to the inclusion in commencement of the Offer Documents of the Company Board Recommendation.
(b) On the date the Offer Documents are filed with the SEC, in accordance with Rule 14d-9 under the Company shallExchange Act, concurrently with the filing of the Schedule TO, file with the SEC a Tender Offer Solicitation/Recommendation Statement on Schedule 14D-9 with respect to the Offer (together with all amendments amendments, supplements and supplements thereto and including exhibits thereto, including, if applicable, a Rule 13E-3 transaction statement on Schedule 13E-3 (together with any amendments thereof or supplements thereto, the “Schedule 13E-3”), the “Schedule 14D-9”) containing, subject to Section 5.3, that shall contain the Company Board Recommendation and the notice and other information required by Section 262(d)(2) of the DGCL; provided, however, that such document shall not be required to include the Company Board Recommendation if the Company Board shall have made a Change in the Company Board Recommendation in accordance with Section 7.01(d). Parent shall promptly furnish all information concerning Parent and its Affiliates to the Company as may be reasonably requested by the Company to be included therein. The Company shall promptly cause the Schedule 14D-9 and the Schedule 13E-3 to be disseminated to the holders of shares of Company Common Stock Stock, as and to the extent required by United States federal securities all Applicable Laws, including Rule 14d-9 and Rule 13E-3 under the Exchange Act, including by setting the Stockholder List Date as the record date for the purpose of receiving the notice required by Section 262(d)(2) of the DGCL. Each of Parent and Merger Sub shall promptly furnish or otherwise make available If, prior to the Acceptance Time, any event occurs with respect to the Company or any Subsidiary of the Company’s legal counsel upon request all , or any change occurs with respect to other information concerning Parent and Merger Sub that is required included by the Exchange Act or other applicable Law to be set forth Company in the Schedule 14D-9 (other than information supplied by Parent for inclusion therein), on the one hand, or the Schedule 13E-3 and all any event occurs with respect to Parent or any Affiliate of Parent, or any change occurs with respect to other information concerning supplied by Parent and Merger Sub that may be reasonably requested by the Company for inclusion in the Schedule 14D-9 14D-9, on the other hand, upon becoming aware of such information the Company or the Schedule 13E-3. Each of the Company, Parent, and Merger Sub as applicable, shall promptly correct notify the other of such event and shall cooperate with the other in the prompt filing with the SEC of any information supplied by it necessary amendment or on its behalf for inclusion or incorporation by reference in supplement to the Schedule 14D-9 and, as required by Applicable Law, in disseminating the information contained in such amendment or the Schedule 13E-3 if and supplement to the extent that such information shall have become false or misleading in any material respect, and Company’s stockholders. So long as the Company shall take all steps necessary and use all reasonable efforts to promptly amend or supplement Board has not made a Change in the Schedule 14D-9 or Company Board Recommendation in accordance with Section 7.01(d), the Schedule 13E-3 and to cause the Schedule 14D-9 or the Schedule 13E-3 as so amended or supplemented to be filed with the SEC and disseminated to the holders of Company Common Stock, in each case as soon as and to the extent required by applicable Law. The Company shall promptly notify Parent upon the receipt of any comments from the SEC, SEC or any request from the SEC for amendments or supplements, supplements to the Schedule 14D-9 or the Schedule 13E-3, and shall promptly provide Parent with copies of all written correspondence and summaries of all material oral communications between the Company and its representativesRepresentatives, on the one hand, and the SEC, on the other hand. Prior The Company shall use its reasonable best efforts to respond as promptly as reasonably practicable to any comments from the SEC with respect to the Schedule 14D-9. Notwithstanding the foregoing, so long as the Company Board has not made a Change in the Company Board Recommendation in accordance with Section 7.01(d), prior to filing of or mailing the Schedule 14D-9 (or the Schedule 13E-3 and any amendment or supplement thereto (that does not contain or relate to an Adverse Recommendation Changethereto) with the SEC or dissemination thereof to the holders of Company Common Stock, or responding to any comments of the SEC with respect to the Schedule 14D-9 or the Schedule 13E-3thereto, the Company shall (i) provide Parent with an opportunity to review and comment on such document or response (including the proposed final version of such document or response), (ii) consider in good faith all comments reasonably proposed by Parent and (iii) not file or mail such document or respond to the SEC prior to receiving the approval of Parent, which approval shall not be unreasonably withheld, delayed or conditioned. Without limiting the foregoing, so long as the Company Board has not made a Change in the Company Board Recommendation in accordance with Section 7.01(d), Parent, Merger Sub and their counsel a reasonable opportunity shall have the right to review and comment on participate with the Schedule 14D-9 Company or its counsel regarding any discussions or meetings with the SEC related to the Offer, the Merger or the Schedule 13E-3 or amendment or supplement or response, and the Company shall give reasonable consideration to any such comments. Unless the Offer has been terminated in accordance with the terms of this Agreement, in the event that the Company receives any comments from the SEC or its staff with respect other Contemplated Transactions to the Schedule 14D-9 or extent such participation is not prohibited by the Schedule 13E-3, then it shall use its commercially reasonable efforts to respond promptly to such commentsSEC.
(cb) The Schedule 14D-9 shall also reflect that the Merger is governed by Section 251(h) of the DGCL and contain and constitute the notice to holders of Company Common Stock of the availability of appraisal rights in connection with the Merger required to be delivered to such holders by Section 262(d) of the DGCL. The Company shall set the record date for the holders of Company Common Stock to receive such notice of appraisal rights as the same date as the Stockholder List Date and shall disseminate the Schedule 14D-9 including such notice of appraisal rights to such holders to the extent required by Section 262(d) of the DGCL provided, that, such record date will not be more than ten (10) calendar days prior to the date that the Schedule 14D-9 is first mailed. The Company hereby consents to the inclusion of the Company Board Recommendation in the Offer Documents and, absent an Adverse Recommendation Change, to the inclusion of a copy of the Schedule 14D-9 with the Offer Documents mailed or furnished to the holders of Company Common Stock.
(d) The Company shall, or shall cause its transfer agent to, furnish Parent and Merger Sub and their agents promptly (and in any event within five (5) Business Days) after the date of this Agreement hereof, and from time to time thereafter as reasonably requested by Parent or Merger Sub with or its agents, furnish or cause to be furnished to Merger Sub mailing labels labels, security position listings, non-objecting beneficial owner lists and any other listings or computer files available to it containing the names and addresses of the record holders or beneficial owners of Company Common Stock as of the latest most recent practicable date and of those persons becoming record holders subsequent to such date, together and shall promptly furnish Merger Sub with copies of all such information (including, but not limited to, updated lists of stockholdersholders of Company Common Stock and their addresses, mailing labels, security position listings and computer files any non-objecting beneficial ownership owner lists, ) and all such other information assistance as Merger Sub or its agents may reasonably request in communicating with the Company’s possession or control regarding the record and beneficial owners holders of Company Common Stock, in each case as of the latest date practicable, and shall promptly furnish to Parent and Merger Sub such other information and assistance (including periodically updated lists of stockholders, security position listings and computer files) as Parent or Merger Sub may reasonably request in connection with the Offer. The preparation and dissemination of the Offer Documents and the solicitation of tenders of shares of Company Common Stock in the Offer (the date of the list of stockholders used to determine the Persons to whom the Offer Documents and the Schedule 14D-9 are first disseminated is referred to as disseminated, the “Stockholder List Date.” Subject to the requirements of applicable Law, and except for such steps as are necessary to disseminate the Offer Documents and any other documents necessary to consummate the Merger Transactions, ”). Parent and Merger Sub and their representatives respective Representatives shall use hold in confidence the information contained in any such labels, listings and files files, shall use such information only in connection with the Merger Transactions, shall treat such information and materials in accordance with the terms and conditions of the Confidentiality Agreement, transactions and, if this Agreement is terminated, shall destroy shall, upon request, deliver, and cause their agents to deliver, to the Company all copies copies, summaries and abstracts of such information then in their possession possession.
(c) The Company shall instruct its transfer agent to register the transfer of shares of Company Common Stock accepted for payment effective immediately after the Acceptance Time; provided that Merger Sub pays for such shares of Company Common Stock at or under their control promptly upon the written request of the Companyimmediately after such transfer.
Appears in 3 contracts
Samples: Merger Agreement, Merger Agreement (Essendant Inc), Merger Agreement (Staples Inc)
Company Actions. (a) The Subject to Section 5.2 and to any consents or approvals of the Company’s stockholders required under applicable Law, the Company hereby approves of and consents to the Offer, the Merger and the other Merger Transactions and consents to the inclusion in the Offer Documents of the Company Board Recommendationtransactions contemplated hereby.
(b) On the date the Offer Documents are filed with the SECis commenced, the Company shall, concurrently in a manner that complies with Rule 14d-9 under the filing of the Schedule TOExchange Act, file with the SEC a Tender Offer Solicitation/Recommendation Statement on Schedule 14D-9 with respect to the Offer (together with all amendments amendments, supplements and supplements thereto and including exhibits thereto, including, if applicable, a Rule 13E-3 transaction statement on Schedule 13E-3 (together with any amendments thereof or supplements thereto, the “Schedule 13E-3”), the “Schedule 14D-9”) containingwhich shall, subject to the provisions of Section 5.35.2, contain the Company Board Recommendation and shall cause the Schedule 14D-9 and the Schedule 13E-3 Recommendation. The Company further agrees to be disseminated to the holders of Company Common Stock as and to the extent required by United States federal securities Laws, including Rule 14d-9 and Rule 13E-3 under the Exchange Act. Each of Parent and Merger Sub shall promptly furnish or otherwise make available to the Company or the Company’s legal counsel upon request all information concerning Parent and Merger Sub that is required by the Exchange Act or other applicable Law to be set forth in the Schedule 14D-9 or the Schedule 13E-3 and all other information concerning Parent and Merger Sub that may be reasonably requested by the Company for inclusion in the Schedule 14D-9 or the Schedule 13E-3. Each of the Company, Parent, and Merger Sub shall promptly correct any information supplied by it or on its behalf for inclusion or incorporation by reference in the Schedule 14D-9 or the Schedule 13E-3 if and to the extent that such information shall have become false or misleading in any material respect, and the Company shall take all commercially reasonable steps necessary and use all reasonable efforts to promptly amend or supplement the Schedule 14D-9 or the Schedule 13E-3 and to cause the Schedule 14D-9 or the Schedule 13E-3 as so amended or supplemented to be filed with the SEC and disseminated to the holders of Company Common StockShares, in each case as soon as and to the extent required by applicable Law. The Company shall promptly notify Parent upon the receipt of any comments from the SEC, or any request from the SEC for amendments or supplements, to the Schedule 14D-9 or the Schedule 13E-3, and shall promptly provide Parent with copies of all written correspondence and summaries of all material oral communications between the Company and its representativesCompany, on the one hand, and the SECParent and Sub, on the other hand. Prior , agree to the filing of promptly correct and supplement any information provided by it for use in the Schedule 14D-9 if and to the extent that it shall have become false or misleading in any material respect or as otherwise required by Law. The Company agrees to take all steps necessary to cause the Schedule 13E-3 and any amendment or supplement thereto (that does not contain or relate 14D-9 as so corrected to an Adverse Recommendation Change) be filed with the SEC or dissemination thereof and disseminated to holders of the Shares, in each case as and to the holders of Company Common Stock, or responding to any comments of extent required by applicable Law. Parent and Sub shall be given the SEC with respect to the Schedule 14D-9 or the Schedule 13E-3, the Company shall provide Parent, Merger Sub and their counsel a reasonable opportunity to review and comment on the Schedule 14D-9 or and any amendment thereto before filing with the Schedule 13E-3 or amendment or supplement or responseSEC, and the Company shall give reasonable consideration to any such comments. Unless the Offer has been terminated in accordance with the terms of this Agreementinclude all additions, in the event deletions or changes thereto suggested by Parent and its legal counsel that the Company receives reasonably determines to be appropriate. In addition, the Company agrees to provide Parent and Sub any comments comments, whether written or oral, that the Company or its counsel may receive from time to time from the SEC or its staff with respect to the Schedule 14D-9 or the Schedule 13E-3, then it shall use its commercially reasonable efforts to respond promptly to after receipt of such comments, and to consult with Parent, Sub and their counsel prior to responding to any such comments, either in written or oral form, and the Company shall incorporate in each response those views and comments of Parent and its legal counsel related thereto that the Company reasonably determines to be appropriate.
(c) The Schedule 14D-9 Company shall also reflect that the Merger is governed by Section 251(h) of the DGCL and contain and constitute the notice to holders of Company Common Stock of the availability of appraisal rights in connection with the Merger required promptly furnish or cause to be delivered to such holders by Section 262(d) of the DGCL. The Company shall set the record date for the holders of Company Common Stock to receive such notice of appraisal rights as the same date as the Stockholder List Date and shall disseminate the Schedule 14D-9 including such notice of appraisal rights to such holders to the extent required by Section 262(d) of the DGCL provided, that, such record date will not be more than ten (10) calendar days prior to the date that the Schedule 14D-9 is first mailed. The Company hereby consents to the inclusion of the Company Board Recommendation in the Offer Documents and, absent an Adverse Recommendation Change, to the inclusion of a copy of the Schedule 14D-9 with the Offer Documents mailed or furnished to the holders of Company Common Stock.
(d) The Company shall, or shall cause its transfer agent to, furnish Parent and Merger Sub and their agents promptly (and in any event within five (5) Business Days) after the date of this Agreement and from time to time thereafter as requested by Parent or Merger Sub with mailing labels labels, security position listings and all available listings and computer files containing the names and addresses of the record holders of Company Common Stock the Shares as of the latest practicable date a recent date, and of those persons becoming record holders subsequent to such date, together with copies of all lists of stockholders, security position listings and computer files any non-objecting beneficial ownership lists, and all other information in the Company’s possession or control regarding the beneficial owners of Company Common Stock, in each case as of the latest date practicable, and shall promptly furnish to Parent and Merger or Sub with such other information and assistance (including periodically updated including, but not limited to, lists of stockholdersholders of the Shares, updated periodically, and their addresses, mailing labels and lists of security position listings and computer filespositions) as Parent or Merger Sub or its agent(s) may reasonably request in connection with the Offerrequest. The date of the list of stockholders used to determine the Persons to whom the Offer Documents and the Schedule 14D-9 are first disseminated is referred to as the “Stockholder List Date.” Subject to the requirements of applicable Law, such information shall be held confidential by Parent and except for such Sub under the terms of the Confidentiality and Standstill Agreement, dated February 3, 2009 entered into between Tyco Healthcare Group LP, d/b/a Covidien and the Company (as amended, the “Confidentiality Agreement”). For the avoidance of doubt, the parties agree that the Confidentiality Agreement does not restrict steps as are necessary to prepare, file or disseminate the Offer Documents and any other documents necessary to consummate the Merger Transactions, Parent and Merger Sub and their representatives shall use the information contained in any such labels, listings and files only in connection with the Merger Transactions, shall treat such information and materials in accordance with the terms and conditions of the Confidentiality Agreement, and, if this Agreement is terminated, shall destroy all copies of such information then in their possession or under their control promptly upon the written request of the Companytransactions contemplated hereby.
Appears in 3 contracts
Samples: Merger Agreement (Covidien PLC), Merger Agreement (Vnus Medical Technologies Inc), Merger Agreement (Covidien Group S.a.r.l.)
Company Actions. (a) Schedule 14D-9. The Company hereby approves of and consents to the Offer, the Merger and the other Merger Transactions and consents to the inclusion in the Offer Documents of the Company Board Recommendation.
shall (bi) On the date the Offer Documents are filed file with the SEC, the Company shall, concurrently with the filing by Parent and Merger Sub of the Schedule TOTO and the Offer Documents, file with the SEC a Solicitation/Recommendation Statement on Schedule 14D-9 with respect to the Offer (together with all amendments and supplements thereto thereto, and including all exhibits thereto, including, if applicable, a Rule 13E-3 transaction statement on Schedule 13E-3 (together with any amendments thereof or supplements thereto, the “Schedule 13E-3”), the “Schedule 14D-9”) containing, subject to except as provided in Section 5.36.3, the Company Board Recommendation and shall cause a notice of appraisal rights in accordance with Section 262 of the DGCL and (ii) take all steps necessary to disseminate the Schedule 14D-9 and promptly after commencement of the Schedule 13E-3 to be disseminated Offer to the holders of Company Common Stock Stockholders as and to the extent required by United States Rule 14d-9 promulgated under the Exchange Act and any other applicable U.S. federal securities Laws. To the extent requested by the Company, including Rule 14d-9 and Rule 13E-3 under Parent shall cause the Exchange ActSchedule 14D-9 to be mailed or otherwise disseminated to the Company Stockholders together with the Offer Documents. The Company shall cause the Schedule 14D-9 to comply as to form in all material respects with the requirements of applicable Law. Each of Parent and Merger Sub shall promptly furnish or otherwise make available in writing to the Company or the Company’s legal counsel upon request all information concerning Parent and Merger Sub that is required by the Exchange Act or other applicable Law or is reasonably requested by the Company to be set forth included in the Schedule 14D-9 or 14D-9. Parent, Merger Sub and the Schedule 13E-3 and all other Company shall cooperate in good faith to determine the information concerning regarding Parent and Merger Sub that may be reasonably requested by the Company for inclusion is necessary to include in the Schedule 14D-9 or the Schedule 13E-3in order to satisfy applicable Law. Each of the Company, Parent, Parent and Merger Sub shall promptly correct any information supplied provided by it or on any of its behalf respective Representatives for inclusion or incorporation by reference use in the Schedule 14D-9 or the Schedule 13E-3 if and to the extent that such information shall have become false or misleading in any material respect, and the . The Company shall take all steps necessary and use all reasonable efforts to promptly amend or supplement the Schedule 14D-9 or the Schedule 13E-3 and to cause the Schedule 14D-9 or the Schedule 13E-3 14D-9, as so amended or supplemented corrected, to be filed with the SEC and disseminated to the holders of Company Common StockStockholders, in each case as soon case, as and to the extent required by applicable Law. The Company shall promptly notify Parent upon the receipt of any comments from the SEC, or any request from the SEC for amendments or supplements, to the Schedule 14D-9 or the Schedule 13E-3, and shall promptly provide Parent with copies of all written correspondence and summaries of all material oral communications between the Company and its representatives, on the one hand, and the SEC, on the other hand. Prior to the filing of the Schedule 14D-9 or the Schedule 13E-3 and any amendment or supplement thereto (that does not contain or relate to an Adverse Recommendation Change) with by the SEC or dissemination thereof its staff or NASDAQ. Unless the Company Board has effected a Company Board Recommendation Change and except in connection with any communication pursuant to the holders of Company Common Stock, or responding to any comments Rule 14d-9(f) of the SEC with respect to the Schedule 14D-9 or the Schedule 13E-3Exchange Act, the Company shall provide Parent, Merger Sub and their counsel a reasonable opportunity to review and comment on the Schedule 14D-9 or prior to the Schedule 13E-3 or amendment or supplement or responsefiling thereof with the SEC, and the Company shall give reasonable and good faith consideration to any such commentscomments made by Parent, Xxxxxx Sub and their counsel (it being understood that Parent, Merger Sub and their counsel shall provide any comments thereon as soon as reasonably practicable). Unless the Offer Company Board has been terminated effected a Company Board Recommendation Change and except in accordance connection with any communication pursuant to Rule 14d-9(f) of the terms of this AgreementExchange Act, the Company shall provide in the event writing to Parent, Merger Sub and their counsel any and all written comments or other substantive communications (and shall orally describe any oral comments or other substantive oral communications) that the Company receives any comments or its counsel may receive from the SEC or its staff with respect to the Schedule 14D-9 or promptly after such receipt, and unless the Schedule 13E-3, then it shall use its commercially reasonable efforts Company Board has effected a Company Board Recommendation Change and except in connection with any communication pursuant to respond promptly to such comments.
(c) The Schedule 14D-9 shall also reflect that the Merger is governed by Section 251(hRule 14d-9(f) of the DGCL Exchange Act, the Company shall provide Parent, Merger Sub and contain and constitute their counsel a reasonable opportunity to participate in the notice formulation of any response to holders of Company Common Stock any such comments of the availability of appraisal rights in connection with SEC or its staff (including by providing a reasonable opportunity for Parent, Merger Sub and their counsel to review and comment on any such response, which comments the Merger required to be delivered to such holders by Section 262(d) of the DGCL. The Company shall set the record date for the holders of Company Common Stock to receive such notice of appraisal rights as the same date as the Stockholder List Date consider reasonably and shall disseminate the Schedule 14D-9 including such notice of appraisal rights to such holders to the extent required by Section 262(d) of the DGCL provided, that, such record date will not be more than ten (10) calendar days prior to the date that the Schedule 14D-9 is first mailedin good faith). The Company hereby consents to the inclusion in the Offer Documents of the determinations and approvals of the Company Board Recommendation set forth in the Offer Documents and, absent an Adverse Recommendation Change, to the inclusion final sentence of a copy of the Schedule 14D-9 with the Offer Documents mailed or furnished to the holders of Company Common Stock.
(d) The Company shall, or shall cause its transfer agent to, furnish Parent and Merger Sub and their agents promptly (and in any event within five (5) Business Days) after the date of this Agreement and from time to time thereafter as requested by Parent or Merger Sub with mailing labels containing the names and addresses of the record holders of Company Common Stock as of the latest practicable date and of those persons becoming record holders subsequent to such date, together with copies of all lists of stockholders, security position listings and computer files any non-objecting beneficial ownership lists, and all other information in the Company’s possession or control regarding the beneficial owners of Company Common Stock, in each case as of the latest date practicable, and shall promptly furnish to Parent and Merger Sub such other information and assistance (including periodically updated lists of stockholders, security position listings and computer files) as Parent or Merger Sub may reasonably request in connection with the Offer. The date of the list of stockholders used to determine the Persons to whom the Offer Documents Section 4.4 and the Schedule 14D-9 are first disseminated is referred to as Company Board Recommendation, unless the “Stockholder List Date.” Subject to the requirements of applicable Law, and except for such steps as are necessary to disseminate the Offer Documents and any other documents necessary to consummate the Merger Transactions, Parent and Merger Sub and their representatives shall use the information contained in any such labels, listings and files only in connection with the Merger Transactions, shall treat such information and materials Company Board has effected a Company Board Recommendation Change in accordance with the terms and conditions of the Confidentiality Agreement, and, if this Agreement is terminated, shall destroy all copies of such information then in their possession or under their control promptly upon the written request of the CompanySection 6.3.
Appears in 3 contracts
Samples: Merger Agreement (Johnson & Johnson), Merger Agreement (Abiomed Inc), Merger Agreement (Johnson & Johnson)
Company Actions. (a) The Company hereby approves of and consents to the Offer, the Merger and the other Merger Transactions and consents to the inclusion in the Offer Documents of the Company Board Recommendation.
(b) On the date the Offer Documents are filed with the SECis commenced, the Company shall, concurrently in a manner that complies with Rule 14d-9 under the filing of the Schedule TOExchange Act, file with the SEC a Tender Offer Solicitation/Recommendation Statement on Schedule 14D-9 with respect to the Offer (together with all amendments amendments, supplements and supplements thereto and including exhibits thereto, including, if applicable, a Rule 13E-3 transaction statement on Schedule 13E-3 (together with any amendments thereof or supplements thereto, the “Schedule 13E-3”), the “Schedule 14D-9”) containingthat shall, subject to the provisions of Section 5.35.3(d), contain the Company Board Recommendation. The Company shall also include in the Schedule 14D-9, and represents that it has obtained all necessary consents of the Company Financial Advisor to permit the Company to include in the Schedule 14D-9, in its entirety, the Fairness Opinion, together with a summary thereof in accordance with Item 1015(b) of Regulation M-A under the Exchange Act (regardless of whether such item is applicable). The Company hereby consents to the Offer and to the inclusion in the Offer Documents of a description of the Company Board Recommendation and shall the Fairness Opinion. The Company further agrees to cause the Schedule 14D-9 and the Schedule 13E-3 to be disseminated to the holders of Company Common Stock Shares, as and to the extent required by United States federal securities Laws, including Rule 14d-9 and Rule 13E-3 under the Exchange Act. Each of Parent and Merger Sub the Purchaser shall promptly furnish or otherwise make available to provide the Company or in writing, for inclusion in the Company’s legal counsel upon request Schedule 14D-9, all information concerning Parent and Merger Sub the Purchaser that is required by under the Exchange Act or other applicable Law to be set forth included in the Schedule 14D-9 or 14D-9. The Company, on the Schedule 13E-3 one hand, and all other information concerning Parent and Merger Sub that may be reasonably requested by the Company for inclusion in Purchaser, on the Schedule 14D-9 or the Schedule 13E-3. Each of the Companyother hand, Parent, and Merger Sub shall agree to promptly correct any information supplied provided by it or on its behalf for inclusion or incorporation by reference use in the Schedule 14D-9 or the Schedule 13E-3 14D-9, if and to the extent that such information it shall have become false or misleading in any material respectrespect or as otherwise required by applicable Law, and the Company shall take all steps necessary and use all reasonable efforts to promptly amend or supplement the Schedule 14D-9 or the Schedule 13E-3 and agrees to cause the Schedule 14D-9 or the Schedule 13E-3 14D-9, as so amended or supplemented corrected, to be filed with the SEC and disseminated to the holders of Company Common StockShares, in each case as soon as and to the extent required by applicable Lawthe Exchange Act. The Company shall promptly notify Parent upon the receipt of any comments from the SEC, or any request from the SEC for amendments or supplements, to the Schedule 14D-9 or the Schedule 13E-3, and shall promptly provide Parent with copies of all written correspondence and summaries of all material oral communications between the Company and its representatives, on the one hand, and the SEC, on the other hand. Prior to the filing of the Schedule 14D-9 or the Schedule 13E-3 and any amendment or supplement thereto (that does not contain or relate to an Adverse Recommendation Change) with the SEC or dissemination thereof to the holders of Company Common Stock, or responding to any comments of the SEC with respect to the Schedule 14D-9 or the Schedule 13E-3Parent, the Company shall provide Parent, Merger Sub Purchaser and their counsel shall be given a reasonable opportunity to review and comment on the Schedule 14D-9 or before it is filed with the Schedule 13E-3 or amendment or supplement or responseSEC, and the Company shall give reasonable consideration to any such comments. Unless the Offer has been terminated in accordance with the terms of this Agreementinclude all additions, in the event deletions or changes thereto suggested by Parent and its legal counsel that the Company receives reasonably determines to be appropriate. In addition, the Company shall provide Parent, the Purchaser and their counsel with copies of any comments written comments, and shall inform them of any oral comments, that the Company or its counsel may receive from time to time from the SEC or its staff with respect to the Schedule 14D-9 or the Schedule 13E-3, then it shall use its commercially reasonable efforts to respond promptly to after receipt of such comments, and any written or oral responses thereto. Parent, the Purchaser and their counsel shall be given the opportunity to review any such written responses, and the Company shall give due consideration to the reasonable additions, deletions or changes suggested thereto by Parent, the Purchaser and their counsel.
(cb) The Schedule 14D-9 shall also reflect that the Merger is governed by Section 251(h) of the DGCL and contain and constitute the notice to holders of Company Common Stock of the availability of appraisal rights in connection with the Merger required to be delivered to such holders by Section 262(d) of the DGCL. The Company shall set the record date for the holders of Company Common Stock promptly furnish or cause to receive such notice of appraisal rights as the same date as the Stockholder List Date and shall disseminate the Schedule 14D-9 including such notice of appraisal rights to such holders to the extent required by Section 262(d) of the DGCL provided, that, such record date will not be more than ten (10) calendar days prior to the date that the Schedule 14D-9 is first mailed. The Company hereby consents to the inclusion of the Company Board Recommendation in the Offer Documents and, absent an Adverse Recommendation Change, to the inclusion of a copy of the Schedule 14D-9 with the Offer Documents mailed or furnished to the holders of Company Common Stock.
(d) The Company shallPurchaser mailing labels, security position listings, non-objecting beneficial owner lists and any other listings or shall cause its transfer agent to, furnish Parent and Merger Sub and their agents promptly (and in any event within five (5) Business Days) after the date of this Agreement and from time to time thereafter as requested by Parent or Merger Sub with mailing labels computer files containing the names and addresses of the record or beneficial holders of Company Common Stock the Shares as of the latest most recent practicable date and of those persons becoming record holders subsequent to such date, together and shall promptly furnish Purchaser with copies of all such information (including, but not limited to, updated lists of stockholdersholders of the Shares and their addresses, mailing labels, security position listings and computer files any non-objecting beneficial ownership owner lists, ) and all other information in the Company’s possession or control regarding the beneficial owners of Company Common Stock, in each case as of the latest date practicable, and shall promptly furnish to Parent and Merger Sub such other assistance and information and assistance (including periodically updated lists of stockholders, security position listings and computer files) as Parent the Purchaser or Merger Sub its agents may reasonably request in connection communicating with the Offer. The date record and beneficial holders of the list of stockholders used to determine the Persons to whom the Offer Documents and the Schedule 14D-9 are first disseminated is referred to as the “Stockholder List DateShares.” Subject to the requirements of applicable Law, and except for such steps as are necessary to disseminate the Offer Documents and any other documents necessary to consummate the Merger Transactions, Parent and Merger Sub and their representatives shall use the information contained in any such labels, listings and files only in connection with the Merger Transactions, shall treat such information and materials in accordance with the terms and conditions of the Confidentiality Agreement, and, if this Agreement is terminated, shall destroy all copies of such information then in their possession or under their control promptly upon the written request of the Company.
Appears in 3 contracts
Samples: Merger Agreement, Merger Agreement (MAP Pharmaceuticals, Inc.), Merger Agreement (Allergan Inc)
Company Actions. (a) The Company hereby approves of and consents to Schedule 14D-9. As promptly as practicable on the Offer, the Merger and the other Merger Transactions and consents to the inclusion in day that the Offer Documents of the Company Board Recommendation.
(b) On the date the Offer Documents are filed with the SECis commenced, the Company shall, concurrently with following the filing of the Schedule TO, the Company shall file with the SEC and disseminate to holders of Shares, in each case as and to the extent required by applicable federal securities laws and Section 262 of the DGCL, a Tender Offer Solicitation/Recommendation Statement on Schedule 14D-9 with respect to the Offer (together with all amendments and supplements thereto and including exhibits thereto, including, if applicable, a Rule 13E-3 transaction statement on Schedule 13E-3 (together with any exhibits, amendments thereof or supplements thereto, the “Schedule 13E-3”), the “Schedule 14D-9”) containingthat, subject to Section 5.36.1(b), shall reflect the Company Board Recommendation and include a notice of appraisal rights in accordance with Section 262 of the DGCL. Prior to such filing and dissemination the Company shall set the Stockholder List Date as the record date for the purpose of receiving the notice required by Section 262(d)(2) of the DGCL. The Company agrees that it will cause the Schedule 14D-9 and the Schedule 13E-3 to be disseminated to the holders of Company Common Stock as and to the extent required by United States federal securities Laws, including Rule 14d-9 and Rule 13E-3 under the Exchange Act. Each of Parent and Merger Sub shall promptly furnish or otherwise make available to the Company or the Company’s legal counsel upon request comply in all information concerning Parent and Merger Sub that is required by material respects with the Exchange Act or and other applicable Law Legal Requirements and for the notice to comply with Section 262 of the DGCL. The information contained in the Schedule 14D-9, as of its date, shall not be set forth false or misleading in any material respect and each of Parent, Purchaser and the Company agrees to respond promptly to any comments of the SEC or its staff and to promptly correct any information provided by it for use in the Schedule 14D-9 or the Schedule 13E-3 and all other information concerning Parent and Merger Sub that may be reasonably requested by the Company for inclusion in the Schedule 14D-9 or the Schedule 13E-3. Each of the Company, Parent, and Merger Sub shall promptly correct any information supplied by it or on its behalf for inclusion or incorporation by reference in the Schedule 14D-9 or the Schedule 13E-3 if and to the extent that such information shall have become false or misleading in any material respect, and the Company shall further agrees to take all steps necessary and use all reasonable efforts to promptly amend or supplement the Schedule 14D-9 or the Schedule 13E-3 and to cause the Schedule 14D-9 or the Schedule 13E-3 as so amended or supplemented corrected to be filed with the SEC and to be disseminated to the holders of Company Common StockShares, in each case as soon as and to the extent required by applicable Lawfederal securities laws. The Company shall promptly notify Parent upon the receipt of any comments from the SEC, or any request from the SEC for amendments or supplements, to the Schedule 14D-9 or the Schedule 13E-3, and shall promptly provide Parent with copies of all written correspondence and summaries of all material oral communications between the Company and its representatives, on the one hand, and the SEC, on the other hand. Prior to the filing of the Schedule 14D-9 or the Schedule 13E-3 and any amendment or supplement thereto (that does not contain or relate to an Adverse Recommendation Change) with the SEC or dissemination thereof to the holders of Company Common Stock, or responding to any comments of the SEC with respect to the Schedule 14D-9 or the Schedule 13E-3, the Company counsel shall provide Parent, Merger Sub and their counsel a be given reasonable opportunity to review and comment on the Schedule 14D-9 or and any amendment thereto prior to the Schedule 13E-3 or amendment or supplement or response, filing thereof with the SEC (and the Company shall give reasonable consideration to consider any such commentscomments in good faith). Unless the Offer Company’s Board of Directors has been terminated in accordance with the terms of this Agreementmade a Company Adverse Change Recommendation, in the event that the Company receives agrees to provide Parent and its counsel with any comments the Company or its counsel may receive from the SEC or its staff with respect to the Schedule 14D-9 or the Schedule 13E-3, then it shall use its commercially reasonable efforts to respond promptly to after receipt of such comments.
(c) The Schedule 14D-9 shall also reflect that the Merger is governed by Section 251(h) of the DGCL and contain and constitute the notice to holders of Company Common Stock of the availability of appraisal rights in connection with the Merger required to be delivered to such holders by Section 262(d) of the DGCL. The Company shall set respond promptly to any comments of the record date for the holders of Company Common Stock SEC or its staff with respect to receive such notice of appraisal rights as the same date as the Stockholder List Date and shall disseminate the Schedule 14D-9 including such notice of appraisal rights to such holders to the extent required by Section 262(d) of the DGCL provided, that, such record date will not be more than ten (10) calendar days prior to the date that the Schedule 14D-9 is first mailed. The Company hereby consents to the inclusion of the Company Board Recommendation in the Offer Documents and, absent an Adverse Recommendation Change, to the inclusion of a copy of the Schedule 14D-9 with the Offer Documents mailed or furnished to the holders of Company Common Stock14D-9.
(d) The Company shall, or shall cause its transfer agent to, furnish Parent and Merger Sub and their agents promptly (and in any event within five (5) Business Days) after the date of this Agreement and from time to time thereafter as requested by Parent or Merger Sub with mailing labels containing the names and addresses of the record holders of Company Common Stock as of the latest practicable date and of those persons becoming record holders subsequent to such date, together with copies of all lists of stockholders, security position listings and computer files any non-objecting beneficial ownership lists, and all other information in the Company’s possession or control regarding the beneficial owners of Company Common Stock, in each case as of the latest date practicable, and shall promptly furnish to Parent and Merger Sub such other information and assistance (including periodically updated lists of stockholders, security position listings and computer files) as Parent or Merger Sub may reasonably request in connection with the Offer. The date of the list of stockholders used to determine the Persons to whom the Offer Documents and the Schedule 14D-9 are first disseminated is referred to as the “Stockholder List Date.” Subject to the requirements of applicable Law, and except for such steps as are necessary to disseminate the Offer Documents and any other documents necessary to consummate the Merger Transactions, Parent and Merger Sub and their representatives shall use the information contained in any such labels, listings and files only in connection with the Merger Transactions, shall treat such information and materials in accordance with the terms and conditions of the Confidentiality Agreement, and, if this Agreement is terminated, shall destroy all copies of such information then in their possession or under their control promptly upon the written request of the Company.
Appears in 3 contracts
Samples: Merger Agreement, Merger Agreement (Miramar Labs, Inc.), Merger Agreement (Sientra, Inc.)
Company Actions. (a) The Company hereby approves Schedule 14D-9. As promptly as practicable (and, in any event, within three (3) Business Days) after the date of and consents to commencement of the Offer, the Merger and the other Merger Transactions and consents to the inclusion in the Offer Documents of the Company Board Recommendation.
(b) On the date the Offer Documents are filed with the SEC, the Company shall, concurrently with the filing of the Schedule TO, shall file with the SEC a Solicitation/Recommendation Statement on Schedule 14D-9 with respect to the Offer (together with all amendments amendments, supplements and supplements thereto and including exhibits thereto, including, if applicable, a Rule 13E-3 transaction statement on Schedule 13E-3 (together with any amendments thereof or supplements thereto, the “Schedule 13E-3”), the “Schedule 14D-9”) containingwhich, subject to Section 5.36.3, shall contain the Company Board Recommendation and Recommendation. The Company shall cause the Schedule 14D-9 and the Schedule 13E-3 (i) to be promptly disseminated to the holders of Company Common Stock the Shares as and to the extent required by United States applicable federal securities Laws, including Rule 14d-9 Laws and Rule 13E-3 under (ii) to comply as to form in all material respects with the requirements of the Exchange Act, the applicable rules and regulations of the New York Stock Exchange and all other applicable Laws. Each of Parent and Merger Sub shall promptly furnish or otherwise make available to the Company or the Company’s legal counsel upon request in writing all information concerning Parent and Merger Sub that is required by the Exchange Act or other applicable Law to be set forth in the Schedule 14D-9 or the Schedule 13E-3 and all other information concerning Parent and Merger Sub that may be reasonably requested required by the Company applicable federal securities Laws for inclusion in the Schedule 14D-9 or the Schedule 13E-314D-9. Each of the The Company, Parenton the one hand, and each of Parent and Merger Sub Sub, on the other hand, shall promptly correct any information supplied provided by it or on its behalf for inclusion or incorporation by reference use in the Schedule 14D-9 or the Schedule 13E-3 if and to the extent that such information it shall be or shall have become false or misleading in any material respect, and the Company shall take all steps necessary and use all reasonable efforts to promptly amend or supplement the Schedule 14D-9 or the Schedule 13E-3 and to cause the Schedule 14D-9 or the Schedule 13E-3 as so amended or supplemented corrected to be filed with the SEC and disseminated to the holders of Company Common Stockthe Shares, in each case as soon case, as and to the extent required by applicable Lawfederal securities Laws. The Company shall promptly notify Parent upon the receipt of any comments from the SEC, or any request from the SEC for amendments or supplements, to the Schedule 14D-9 or the Schedule 13E-3, and shall promptly provide Parent with copies of all written correspondence and summaries of all material oral communications between the Company and its representatives, on the one hand, and the SEC, on the other hand. Prior to the filing of the Schedule 14D-9 or the Schedule 13E-3 and any amendment or supplement thereto (that does not contain or relate to an Adverse Recommendation Change) with the SEC or dissemination thereof to the holders of Company Common Stock, or responding to any comments of the SEC with respect to the Schedule 14D-9 or the Schedule 13E-3, the Company counsel shall provide Parent, Merger Sub and their counsel be given a reasonable opportunity to review and comment on upon the Schedule 14D-9 or before it is filed with the Schedule 13E-3 or amendment or supplement or responseSEC and disseminated to holders of Shares, and the Company shall give reasonable and good faith consideration to all additions, deletions or changes suggested thereto by Parent and its counsel. In addition, the Company agrees to provide Parent and its counsel with any such comments. Unless the Offer has been terminated in accordance with the terms of this Agreement, in the event whether written or oral, that the Company receives any comments or its counsel may receive from time to time from the SEC or its staff with respect to the Schedule 14D-9 or promptly after the Schedule 13E-3, then it shall use its commercially reasonable efforts to respond promptly to receipt of such comments.
(c) The Schedule 14D-9 shall also reflect that the Merger is governed by Section 251(h) of the DGCL , to consult with Parent and contain and constitute the notice to holders of Company Common Stock of the availability of appraisal rights in connection with the Merger required to be delivered to such holders by Section 262(d) of the DGCL. The Company shall set the record date for the holders of Company Common Stock to receive such notice of appraisal rights as the same date as the Stockholder List Date and shall disseminate the Schedule 14D-9 including such notice of appraisal rights to such holders to the extent required by Section 262(d) of the DGCL provided, that, such record date will not be more than ten (10) calendar days its counsel prior to the date that the Schedule 14D-9 is first mailed. The Company hereby consents responding to the inclusion of the Company Board Recommendation in the Offer Documents and, absent an Adverse Recommendation Change, any such comments and to the inclusion of a copy of the Schedule 14D-9 with the Offer Documents mailed or furnished to the holders of Company Common Stock.
(d) The Company shall, or shall cause its transfer agent to, furnish provide Parent and Merger Sub and their agents promptly (and in any event within five (5) Business Days) after the date of this Agreement and from time to time thereafter as requested by Parent or Merger Sub with mailing labels containing the names and addresses of the record holders of Company Common Stock as of the latest practicable date and of those persons becoming record holders subsequent to such date, together with copies of all lists of stockholderssuch written responses (or if oral responses, security position listings and computer files any non-objecting beneficial ownership lists, and all other information in the Company’s possession or control regarding the beneficial owners of Company Common Stock, in each case as of the latest date practicable, and shall promptly furnish to Parent and Merger Sub such other information and assistance (including periodically updated lists of stockholders, security position listings and computer files) as Parent or Merger Sub may reasonably request in connection with the Offer. The date of the list of stockholders used to determine the Persons to whom the Offer Documents and the Schedule 14D-9 are first disseminated is referred to as the “Stockholder List Datesummaries thereof).” Subject to the requirements of applicable Law, and except for such steps as are necessary to disseminate the Offer Documents and any other documents necessary to consummate the Merger Transactions, Parent and Merger Sub and their representatives shall use the information contained in any such labels, listings and files only in connection with the Merger Transactions, shall treat such information and materials in accordance with the terms and conditions of the Confidentiality Agreement, and, if this Agreement is terminated, shall destroy all copies of such information then in their possession or under their control promptly upon the written request of the Company.
Appears in 3 contracts
Samples: Agreement and Plan of Merger, Merger Agreement (Hospitality Distribution Inc), Merger Agreement (Cec Entertainment Inc)
Company Actions. (a) The Company hereby approves of and consents to the Offer, the Merger and the other Merger Transactions and consents to the inclusion in the Offer Documents of the Company Board Recommendation.
(b) On the date the initial Offer Documents are filed with the SEC, the Company shall, concurrently in a manner that complies with Rule 14d-9 promulgated under the filing of the Schedule TOExchange Act, file with the SEC a Tender Offer Solicitation/Recommendation Statement on Schedule 14D-9 with respect to the Offer (together with all amendments amendments, supplements and supplements thereto and including exhibits thereto, including, if applicable, a Rule 13E-3 transaction statement on Schedule 13E-3 (together with any amendments thereof or supplements thereto, the “Schedule 13E-3”), the “Schedule 14D-9”) containing), which shall, subject to the provisions of Section 5.35.4, describe and make the Company Board Recommendation with respect to the Offer, and shall take all steps necessary to cause the Schedule 14D-9 and the Schedule 13E-3 to be disseminated to the holders of Company Common Stock as and Stock. Parent shall cause the Schedule 14D-9 to be mailed or otherwise disseminated to the extent required by United States federal securities Laws, including Rule 14d-9 and Rule 13E-3 under holders of Company Common Stock together with the Exchange ActOffer Documents disseminated to the holders of Company Common Stock. Each of Parent and Merger Sub shall promptly furnish or otherwise make available to the Company or the Company’s legal counsel upon request all information concerning Parent and Merger Sub that is required by the Exchange Act or other applicable Law to be set forth in the Schedule 14D-9 or the Schedule 13E-3 and all other information concerning Parent and Merger Sub that may be reasonably requested by the Company for inclusion in the Schedule 14D-9 or the Schedule 13E-314D-9. Each of the Company, Parent, Parent and Merger Sub shall promptly correct any information supplied provided by it or on its behalf for inclusion or incorporation by reference use in the Schedule 14D-9 or the Schedule 13E-3 14D-9, if and to the extent that such information shall have become false or misleading in any material respect, and the Company shall take all steps necessary and use all reasonable efforts to promptly amend or supplement the Schedule 14D-9 or the Schedule 13E-3 and to cause the Schedule 14D-9 or the Schedule 13E-3 14D-9, as so amended or supplemented supplemented, to be filed with the SEC and disseminated to the holders of Company Common Stock, in each case as soon as and to the extent required by applicable Lawfederal securities Laws. The Company shall promptly notify Parent upon the receipt of any comments from the SEC (or the staff of the SEC, ) or any request from the SEC (or the staff of the SEC) for amendments or supplements, supplements to the Schedule 14D-9 or the Schedule 13E-314D-9, and shall promptly provide Parent with copies of all written correspondence and summaries of all material oral communications between the Company and its representativesRepresentatives, on the one hand, and the SEC (or the staff of the SEC), on the other hand. The Company shall use its reasonable best efforts to respond as promptly as reasonably practicable to any comments of the SEC (or the staff of the SEC) with respect to the Schedule 14D-9. Prior to the filing of the Schedule 14D-9 (or the Schedule 13E-3 and any amendment or supplement thereto (that does not contain thereto) or relate to an Adverse Recommendation Change) with the SEC or dissemination thereof to the holders stockholders of Company Common Stockthe Company, or responding to any comments of the SEC (or the staff of the SEC) with respect to the Schedule 14D-9 or the Schedule 13E-3thereto, the Company shall provide Parent, Merger Sub and their counsel Parent a reasonable opportunity to review and comment to propose comments on the Schedule 14D-9 or the Schedule 13E-3 or amendment or supplement such document or response, and the Company shall give reasonable consideration to any such comments. Unless the Offer has been terminated in accordance with the terms of this Agreement, in the event that the Company receives any comments from the SEC or its staff with respect to the Schedule 14D-9 or the Schedule 13E-3, then it shall use its commercially reasonable efforts to respond promptly to such comments.
(c) The Schedule 14D-9 shall also reflect that the Merger is governed by Section 251(h) of the DGCL and contain and constitute the notice to holders of Company Common Stock of the availability of appraisal rights in connection with the Merger required to be delivered to such holders by Section 262(d) of the DGCL. The Company shall set the record date for the holders of Company Common Stock to receive such notice of appraisal rights as the same date as the Stockholder List Date and shall disseminate the Schedule 14D-9 including such notice of appraisal rights to such holders to the extent required by Section 262(d) of the DGCL provided, that, such record date will not be more than ten (10) calendar days prior to the date that the Schedule 14D-9 is first mailed. The Company hereby consents to the inclusion of the Company Board Recommendation in the Offer Documents and, absent an Adverse Recommendation Change, to the inclusion of a copy of the recommendation of the board of directors of the Company and any other information contained in the Schedule 14D-9 14D-9.
(b) In connection with the Offer Documents mailed or furnished to and the holders of Merger, the Company Common Stock.
(d) The Company shall, or shall cause its transfer agent to, to furnish Parent and Merger Sub and their agents promptly (and in any event within five fifteen (515) Business Days) days after the date of this Agreement and from time to time thereafter as requested by Parent or Merger Sub Agreement) with mailing labels containing the names and addresses of the record holders of Company Common Stock as of the latest most recent practicable date date, and of those persons becoming record holders subsequent to such date, together with copies of all lists of stockholders, security position listings and listings, computer files any non-objecting beneficial ownership lists, and all other information in the Company’s possession or control regarding the beneficial owners of Company Common Stock, in each case as of the latest date practicable, and shall promptly furnish to Parent and Merger Sub such other information and assistance (including periodically updated lists of stockholders, security position listings and computer files) as Parent or Merger Sub may reasonably request in connection with the Offer. The date of the list of stockholders used to determine the Persons to whom communicating the Offer Documents and to the Schedule 14D-9 are first disseminated is referred to as the “Stockholder List Date.” Company’s stockholders. Subject to the requirements of applicable Law, and except for such steps as are necessary to disseminate the Offer Documents and any other documents necessary to consummate the Merger Transactions, Parent and Merger Sub shall keep confidential and their representatives shall use not disclose the information contained in any such labels, lists, listings and files files, in each case as required by the Confidentiality Agreement, shall use such information only in connection with the Offer and the Merger Transactions, shall treat such information and materials in accordance with the terms and conditions of the Confidentiality Agreement, and, if this Agreement is shall be terminated, shall shall, upon request, deliver to the Company or destroy all copies of such information then in their possession or under their control promptly upon in accordance with the written request of the CompanyConfidentiality Agreement.
Appears in 3 contracts
Samples: Merger Agreement, Agreement and Plan of Merger (Norcraft Companies, Inc.), Merger Agreement (Fortune Brands Home & Security, Inc.)
Company Actions. (a) The Company hereby approves of and consents to the Offer, the Merger Offer and the other Merger Transactions and consents to the inclusion in the Offer Documents of the Company Board Recommendation.
(b) On As promptly as reasonably practicable on the date of filing by Parent of the Offer Documents are filed with the SECDocuments, the Company shall, concurrently with the filing of the Schedule TO, shall file with the SEC a Solicitation/Recommendation Statement on Schedule 14D-9 with respect to the Offer (such Schedule 14D-9, together with all exhibits, amendments and supplements thereto and including exhibits thereto, including, if applicable, a Rule 13E-3 transaction statement on Schedule 13E-3 (together with any amendments thereof or supplements thereto, the “Schedule 13E-314D-9”), the “Schedule 14D-9”) containing, subject to Section 5.3, which shall contain the Company Board Recommendation and Recommendation. The Company shall cause the Schedule 14D-9 to (i) include as an exhibit an Information Statement pursuant to Section 14(f) of the Exchange Act and Rule 14f-l promulgated thereunder and (ii) comply as to form in all material respects with the requirements of applicable Law. If requested by the Company, Parent shall cause the Schedule 13E-3 14D-9 to be mailed or otherwise disseminated to the Company shareholders together with the Offer Documents. The Company shall cause the Schedule 14D-9 to be disseminated to the holders of Company Common Stock Shares, as and to the extent required by United States applicable federal securities Laws, including Rule 14d-9 and Rule 13E-3 under the Exchange ActLaw. Each of Parent and Merger Sub shall promptly furnish or otherwise make available to the Company or the Company’s legal counsel upon request all and Parent agrees to (x) promptly correct any information concerning Parent and Merger Sub that is required provided by the Exchange Act or other applicable Law to be set forth it for use in the Schedule 14D-9 or the Schedule 13E-3 and all other information concerning Parent and Merger Sub that may be reasonably requested by the Company for inclusion in the Schedule 14D-9 or the Schedule 13E-3. Each of the Company, Parent, and Merger Sub shall promptly correct any information supplied by it or on its behalf for inclusion or incorporation by reference in the Schedule 14D-9 or the Schedule 13E-3 if and to the extent that such information shall have become false or misleading in any material respectrespect and (y) correct material omissions therefrom, and the Company shall further agrees to take all steps necessary and use all reasonable efforts to promptly amend or supplement the Schedule 14D-9 or the Schedule 13E-3 and to cause the Schedule 14D-9 or the Schedule 13E-3 as so amended or supplemented corrected to be filed with the SEC and to be disseminated to the holders of Company Common StockShares, in each case as soon case, as and to the extent required by applicable federal securities Law. The Company shall promptly notify Parent upon the receipt of any comments from the SEC, or any request from the SEC for amendments or supplements, to the Schedule 14D-9 or the Schedule 13E-3, and shall promptly provide Parent with copies of all written correspondence and summaries of all material oral communications between the Company and its representatives, on the one hand, and the SEC, on the other hand. Prior to the filing of the Schedule 14D-9 or the Schedule 13E-3 and any amendment or supplement thereto (that does not contain or relate to an Adverse Recommendation Change) with the SEC or dissemination thereof to the holders of Company Common Stock, its staff or responding to any comments of the SEC with respect to the Schedule 14D-9 or the Schedule 13E-3, the Company Nasdaq. Parent and its counsel shall provide Parent, Merger Sub and their counsel be given a reasonable opportunity to review and comment on the Schedule 14D-9 or and any amendments thereto prior to the Schedule 13E-3 or amendment or supplement or response, filing thereof with the SEC and the Company shall give reasonable due consideration to all reasonable additions, deletions or changes suggested thereto by Parent and its counsel. In addition, the Company agrees to provide Parent and its counsel any such comments. Unless the Offer has been terminated in accordance with the terms of this Agreement, in the event whether written or oral, that the Company receives any comments or its counsel may receive from the SEC or its staff with respect to the Schedule 14D-9 or promptly after the Schedule 13E-3, then it shall use its commercially reasonable efforts to respond promptly to receipt of such comments, and any written or oral responses thereto. Parent and its counsel shall be given a reasonable opportunity to review and comment upon such responses and the Company shall give due consideration to all reasonable additions, deletions or changes suggested thereto by Parent and its counsel.
(c) The Schedule 14D-9 shall also reflect that the Merger is governed by Section 251(h) of the DGCL and contain and constitute the notice to holders of Company Common Stock of the availability of appraisal rights in In connection with the Merger required to be delivered to such holders by Section 262(d) of the DGCL. The Company shall set the record date for the holders of Company Common Stock to receive such notice of appraisal rights as the same date as the Stockholder List Date and shall disseminate the Schedule 14D-9 including such notice of appraisal rights to such holders to the extent required by Section 262(d) of the DGCL providedOffer, that, such record date will not be more than ten (10) calendar days prior to the date that the Schedule 14D-9 is first mailed. The Company hereby consents to the inclusion of the Company Board Recommendation in the Offer Documents and, absent an Adverse Recommendation Change, to the inclusion of a copy of the Schedule 14D-9 with the Offer Documents mailed or furnished to the holders of Company Common Stock.
(d) The Company shall, or shall cause its transfer agent to, furnish Parent and Merger Sub and their agents to promptly (and in any event within five (5) Business Days) after Days following the date of this Agreement and from time to time thereafter as requested by hereof) furnish Parent or Merger Sub with mailing labels labels, security position listings, any non-objecting beneficial owner lists and any available listings or computer files containing the names and addresses of the record holders of Company Common Stock Shares as of the latest most recent practicable date and shall furnish Parent with such additional available information (including, but not limited to, periodic updates of those persons becoming record holders subsequent to such date, together with copies of all lists of stockholders, security position listings information) and computer files any non-objecting beneficial ownership lists, and all other information in the Company’s possession or control regarding the beneficial owners of Company Common Stock, in each case as of the latest date practicable, and shall promptly furnish to Parent and Merger Sub such other information and assistance (including periodically updated lists of stockholders, security position listings and computer files) as Parent or Merger Sub its agents or representatives may reasonably request in connection with communicating the OfferOffer to the record and beneficial holders of Shares. The date of the list of stockholders used to determine the Persons to whom the Offer Documents and the Schedule 14D-9 are first disseminated is referred to as disseminated, the “Stockholder Shareholder List Date.” Subject to the requirements of applicable Law, and except for such steps as are necessary to disseminate the Offer Documents and any other documents necessary to consummate the Merger Transactions, ”. Parent and Merger Sub and their representatives its agents shall use hold in confidence the information contained in any such labels, listings lists and files files, shall use such information only in connection with the Merger Transactions, shall treat such information and materials in accordance with the terms and conditions of the Confidentiality AgreementOffer, and, if this Agreement is shall be terminated, shall destroy promptly deliver, and shall use their reasonable best efforts to cause their agents to deliver, to the Company (or destroy) all copies of and any extracts or summaries from such information then in their possession or under their control promptly upon the written request of and, if requested by the Company, promptly certify to the Company in writing that all such material has been returned or destroyed.
Appears in 3 contracts
Samples: Transaction Agreement (VectivBio Holding AG), Transaction Agreement (Ironwood Pharmaceuticals Inc), Transaction Agreement (Ironwood Pharmaceuticals Inc)
Company Actions. (a) Schedule 14D-9. The Company hereby approves of and consents to the Offer, the Merger and the other Merger Transactions and consents to the inclusion in the Offer Documents of the Company Board Recommendation.
shall (bi) On the date the Offer Documents are filed file with the SEC, as promptly as reasonably practicable on the Company shallday the Offer is commenced, concurrently with after the filing by Parent and Merger Sub of the Schedule TOTO and the Offer Documents, file with the SEC a Solicitation/Recommendation Statement on Schedule 14D-9 with respect to the Offer (together with all amendments and supplements thereto thereto, and including all exhibits thereto, including, if applicable, a Rule 13E-3 transaction statement on Schedule 13E-3 (together with any amendments thereof or supplements thereto, the “Schedule 13E-3”), the “Schedule 14D-9”) containing, subject to Section 5.36.1, the Company Board Recommendation and shall cause a notice of appraisal rights in accordance with Section 262 of the DGCL, and (ii) take all steps necessary to disseminate the Schedule 14D-9 and the Schedule 13E-3 to be disseminated to the holders of Company Common Stock Stockholders as and to the extent required by United States Rule 14d-9 promulgated under the Exchange Act and any other applicable U.S. federal securities Laws, including Rule 14d-9 . Prior to such filing and Rule 13E-3 under dissemination the Company shall set the Stockholder List Date as the record date for the purpose of receiving the notice required by Section 262(d) of the DGCL. The Company agrees that it will cause the Schedule 14D-9 to comply in all material respects with the Exchange ActAct and other applicable Laws and for the appraisal rights notice to comply with Section 262 of the DGCL. To the extent requested by the Company, Parent shall cause the Schedule 14D-9 to be mailed or otherwise disseminated to the Company Stockholders together with the Offer Documents. Each of Parent and Merger Sub shall promptly furnish or otherwise make available in writing to the Company or the Company’s legal counsel upon request all information concerning Parent and Merger Sub that is required by the Exchange Act or other applicable Law to be set forth in the Schedule 14D-9 or the Schedule 13E-3 and all other information concerning Parent and Merger Sub that may be reasonably requested by the Company for inclusion to be included in the Schedule 14D-9 or so as to enable the Schedule 13E-3Company to comply with its obligations under this Section 1.2(a). Each of the Company, Parent, Parent and Merger Sub shall promptly correct any information supplied provided by it or on any of its behalf respective directors, officers, employees, Affiliates, agents or other Representatives for inclusion or incorporation by reference use in the Schedule 14D-9 or the Schedule 13E-3 if and to the extent that such information shall have become false or misleading in any material respect, and the . The Company shall take all steps necessary and use all reasonable efforts to promptly amend or supplement the Schedule 14D-9 or the Schedule 13E-3 and to cause the Schedule 14D-9 or the Schedule 13E-3 14D-9, as so amended or supplemented corrected, to be filed with the SEC and disseminated to the holders of Company Common StockStockholders, in each case as soon as and to the extent required by applicable Law. The Company shall promptly notify Parent upon the receipt of any comments from the SECLaws, or any request from the SEC for amendments or supplements, to the Schedule 14D-9 or the Schedule 13E-3, and shall promptly provide Parent with copies of all written correspondence and summaries of all material oral communications between the Company and its representatives, on the one hand, and the SEC, on the other hand. Prior to the filing of the Schedule 14D-9 or the Schedule 13E-3 and any amendment or supplement thereto (that does not contain or relate to an Adverse Recommendation Change) with by the SEC or dissemination thereof to its staff or NASDAQ. Unless the holders of Company Common Stock, or responding to Board has effected a Company Board Recommendation Change and except in connection with any comments of the SEC disclosures made in compliance with respect to the Schedule 14D-9 or the Schedule 13E-3Section 6.1(d), the Company shall provide Parent, Merger Sub and their counsel a reasonable opportunity to review and comment on the Schedule 14D-9 or prior to the Schedule 13E-3 or amendment or supplement or responsefiling thereof with the SEC, and the Company shall give reasonable and good faith consideration to any such commentscomments made by Parent, Merger Sub and their counsel (it being understood that Parent, Merger Sub and their counsel shall provide any comments thereon as soon as reasonably practicable). Unless the Offer Company Board has been terminated effected a Company Board Recommendation Change and except in accordance connection with any disclosures made in compliance with Section 6.1(d), the terms of this AgreementCompany shall provide in writing to Parent, in the event Merger Sub and their counsel any and all written comments or other communications (and shall orally describe any oral comments or other oral communication) that the Company receives any comments or its counsel may receive from the SEC or its staff with respect to the Schedule 14D-9 promptly after such receipt, and unless the Company Board has effected a Company Board Recommendation Change or the Schedule 13E-3, then it shall use its commercially reasonable efforts to respond promptly to such comments.
(c) The Schedule 14D-9 shall also reflect that the Merger is governed by Section 251(h) of the DGCL and contain and constitute the notice to holders of Company Common Stock of the availability of appraisal rights in connection with any disclosures made in compliance with Section 6.1(d), the Merger required to be delivered to such holders by Section 262(d) of the DGCL. The Company shall set the record date for the holders of Company Common Stock to receive such notice of appraisal rights as the same date as the Stockholder List Date and shall disseminate the Schedule 14D-9 including such notice of appraisal rights to such holders to the extent required by Section 262(d) of the DGCL providedprovide Parent, that, such record date will not be more than ten (10) calendar days prior to the date that the Schedule 14D-9 is first mailed. The Company hereby consents to the inclusion of the Company Board Recommendation in the Offer Documents and, absent an Adverse Recommendation Change, to the inclusion of a copy of the Schedule 14D-9 with the Offer Documents mailed or furnished to the holders of Company Common Stock.
(d) The Company shall, or shall cause its transfer agent to, furnish Parent and Merger Sub and their agents promptly (and counsel a reasonable opportunity to participate in the formulation of any event within five (5) Business Days) after the date of this Agreement and from time response to time thereafter as requested by Parent or Merger Sub with mailing labels containing the names and addresses any such comments of the record holders of Company Common Stock as of the latest practicable date and of those persons becoming record holders subsequent to such date, together with copies of all lists of stockholders, security position listings and computer files any non-objecting beneficial ownership lists, and all other information in the Company’s possession SEC or control regarding the beneficial owners of Company Common Stock, in each case as of the latest date practicable, and shall promptly furnish to Parent and Merger Sub such other information and assistance its staff (including periodically updated lists of stockholdersby providing a reasonable opportunity for Parent, security position listings and computer files) as Parent or Merger Sub may reasonably request in connection with the Offer. The date of the list of stockholders used to determine the Persons to whom the Offer Documents and the Schedule 14D-9 are first disseminated is referred to as the “Stockholder List Date.” Subject to the requirements of applicable Law, and except for such steps as are necessary to disseminate the Offer Documents and any other documents necessary to consummate the Merger Transactions, Parent and Merger Sub and their representatives shall use the information contained in counsel to review and comment on any such labelsresponse, listings which comments the Company shall consider reasonably and files only in connection with the Merger Transactions, shall treat such information and materials in accordance with the terms and conditions of the Confidentiality Agreement, and, if this Agreement is terminated, shall destroy all copies of such information then in their possession or under their control promptly upon the written request of the Companygood faith).
Appears in 3 contracts
Samples: Merger Agreement, Merger Agreement (Horizon Pharma PLC), Merger Agreement (Raptor Pharmaceutical Corp)
Company Actions. (a) The Company hereby approves of and consents to the Offer, the Merger and the other Merger Transactions and consents to the inclusion in the Offer Documents of the Company Board Recommendation.
(b) Schedule 14D-9. On the date the Offer Documents are filed with the SEC, or as promptly thereafter as practicable (but in no event later than the first Business Day following the date on which the Offer Documents are filed), the Company shall, concurrently with the filing of the Schedule TO, shall file with the SEC a Solicitation/Recommendation Statement on Schedule 14D-9 with respect to the Offer (together with all amendments and supplements thereto and including exhibits theretosuch Schedule 14D-9, includingas amended from time to time, if applicable, a Rule 13E-3 transaction statement on Schedule 13E-3 (together with any exhibits, amendments thereof or supplements thereto, the “Schedule 13E-314D-9”), the “Schedule 14D-9”) containing, subject to Section 5.3, including a description of the Company Board Recommendation (subject to Section 6.02) and shall cause disseminate the Schedule 14D-9 and the Schedule 13E-3 to be disseminated to the holders of Company Common Stock Stock, as and to the extent required by United States applicable U.S. federal securities Laws, including Rule 14d-9 Law. The Schedule 14D-9 shall also contain the notice of appraisal rights required to be delivered by the Company under Section 262(d)(2) of the DGCL at the time the Company first files the Schedule 14D-9 with the SEC and Rule 13E-3 under the Exchange Actfairness opinion delivered by Centerview Partners LLC. Each of Parent and Merger Sub shall promptly furnish or otherwise make available to the Company or the Company’s legal counsel upon request all information concerning Parent and Merger Sub that is required by the Exchange Act or other applicable Law to be set forth in the Schedule 14D-9 or the Schedule 13E-3 and all other information concerning Parent and Merger Sub that may be reasonably requested by the Company for inclusion in the Schedule 14D-9 or the Schedule 13E-314D-9. Each of the Company, Parent, Parent and Merger Sub shall promptly correct any information supplied provided by it or on its behalf for inclusion or incorporation by reference use in the Schedule 14D-9 or the Schedule 13E-3 if and to the extent that such information shall have become false or misleading in any material respect, and to correct any material omissions therefrom, and the Company shall take all steps necessary and use all reasonable efforts to promptly amend or supplement the Schedule 14D-9 or the Schedule 13E-3 and to cause the Schedule 14D-9 or the Schedule 13E-3 14D-9, as so amended or supplemented supplemented, to be filed with the SEC and disseminated to the holders of Company Common Stock, in each case as soon case, as and to the extent required by applicable Law. The Except in connection with an Adverse Recommendation Change or any disclosures made in compliance with Section 6.02, Company shall promptly notify provide Parent upon the receipt and its counsel with copies of any comments from written comments, and shall inform Parent and its counsel of any oral comments, that the SEC, Company or any request its counsel may receive from the SEC for amendments or supplements, its staff with respect to the Schedule 14D-9 promptly after the receipt of such comments. Except in connection with an Adverse Recommendation Change or the Schedule 13E-3any disclosures made in compliance with Section 6.02, and shall promptly provide Parent with copies of all written correspondence and summaries of all material oral communications between the Company and its representatives, on the one hand, and the SEC, on the other hand. Prior prior to the filing of the Schedule 14D-9 or the Schedule 13E-3 and (including any amendment or supplement thereto (that does not contain or relate to an Adverse Recommendation Changethereto) with the SEC or the dissemination thereof to the holders of Company Common Stock, or responding to any comments of the SEC or its staff with respect to the Schedule 14D-9 or the Schedule 13E-314D-9, the Company shall (x) provide Parent, Merger Sub Parent and their its counsel a reasonable opportunity to review and comment on the such Schedule 14D-9 or the Schedule 13E-3 or amendment or supplement or response, response (it being understood that Parent and the Company its counsel shall provide any comments thereon as soon as reasonably practicable) and (y) give reasonable and good faith consideration to any such commentscomments made by Parent or its counsel. Unless the Offer has been terminated in accordance with the terms of this Agreement, in the event that the The Company receives shall respond promptly to any comments from of the SEC or its staff with respect to the Schedule 14D-9 or the Schedule 13E-3, then it shall use its commercially reasonable efforts to respond promptly to such comments.
(c) The Schedule 14D-9 shall also reflect that the Merger is governed by Section 251(h) of the DGCL and contain and constitute the notice to holders of Company Common Stock of the availability of appraisal rights in connection with the Merger required to be delivered to such holders by Section 262(d) of the DGCL. The Company shall set the record date for the holders of Company Common Stock to receive such notice of appraisal rights as the same date as the Stockholder List Date and shall disseminate the Schedule 14D-9 including such notice of appraisal rights to such holders to the extent required by Section 262(d) of the DGCL provided, that, such record date will not be more than ten (10) calendar days prior to the date that the Schedule 14D-9 is first mailed14D-9. The Company hereby consents to the inclusion in the Offer Documents of a description of the Company Board Recommendation in the Offer Documents and, absent an Adverse Recommendation Change, (except to the inclusion of a copy of extent that the Schedule 14D-9 with Company Board shall have withdrawn or modified the Offer Documents mailed or furnished to the holders of Company Common Stock.
(d) The Company shall, or shall cause its transfer agent to, furnish Parent and Merger Sub and their agents promptly (and in any event within five (5) Business Days) after the date of this Agreement and from time to time thereafter as requested by Parent or Merger Sub with mailing labels containing the names and addresses of the record holders of Company Common Stock as of the latest practicable date and of those persons becoming record holders subsequent to such date, together with copies of all lists of stockholders, security position listings and computer files any non-objecting beneficial ownership lists, and all other information in the Company’s possession or control regarding the beneficial owners of Company Common Stock, in each case as of the latest date practicable, and shall promptly furnish to Parent and Merger Sub such other information and assistance (including periodically updated lists of stockholders, security position listings and computer files) as Parent or Merger Sub may reasonably request in connection with the Offer. The date of the list of stockholders used to determine the Persons to whom the Offer Documents and the Schedule 14D-9 are first disseminated is referred to as the “Stockholder List Date.” Subject to the requirements of applicable Law, and except for such steps as are necessary to disseminate the Offer Documents and any other documents necessary to consummate the Merger Transactions, Parent and Merger Sub and their representatives shall use the information contained in any such labels, listings and files only in connection with the Merger Transactions, shall treat such information and materials Board Recommendation in accordance with the terms and conditions of the Confidentiality Agreement, and, if this Agreement is terminated, shall destroy all copies of such information then in their possession or under their control promptly upon the written request of the CompanySection 6.02(b)).
Appears in 3 contracts
Samples: Merger Agreement (Morphic Holding, Inc.), Merger Agreement (POINT Biopharma Global Inc.), Merger Agreement (DICE Therapeutics, Inc.)
Company Actions. (a) Schedule 14D-9. The Company hereby approves of and consents to the Offer, the Merger and the other Merger Transactions and consents to the inclusion in the Offer Documents of the Company Board Recommendation.
(b) On the date the Offer Documents are filed with the SEC, the Company shall, concurrently with the filing of the Schedule TO, shall file with the SEC a Solicitation/Recommendation Statement on Schedule 14D-9 with respect to the Offer (together with all amendments and supplements thereto and including exhibits theretosuch Schedule 14D-9, including, if applicable, a Rule 13E-3 transaction statement on Schedule 13E-3 (together with any supplements, amendments thereof or supplements and exhibits thereto, the “Schedule 13E-3”), the “Schedule 14D-9”) containing, subject to Section 5.36.1, the Company Board Recommendation and a notice of appraisal rights as contemplated by Section 262(d)(2) of the DGCL, which filing shall cause be made on the date that the Offer Documents are filed with the SEC, and shall mail the Schedule 14D-9 and the Schedule 13E-3 to be disseminated to the holders stockholders of the Company Common Stock as and to the extent required by United States federal securities Laws, including Rule 14d-9 and Rule 13E-3 under Applicable Law. The Company shall cause the Exchange ActSchedule 14D-9 to comply in all material respects with Applicable Law. Each of Parent and Merger Sub shall promptly furnish or otherwise make available to the Company or the Company’s legal counsel upon request all information concerning Parent and Merger Sub that is required by the Exchange Act or other applicable Law to be set forth in the Schedule 14D-9 or to comply with Rule 14d-9 under the Schedule 13E-3 and all other information concerning Parent and Merger Sub that may be reasonably requested by the Company for inclusion in the Schedule 14D-9 or the Schedule 13E-3Exchange Act. Each of the Company, Parent, Parent and Merger Sub shall promptly correct any information supplied by it or on its behalf for inclusion or incorporation by reference in the Schedule 14D-9 or the Schedule 13E-3 if and to the extent that such information shall have become false or misleading in any material respect, and the Company shall promptly take all steps necessary and use all reasonable efforts to promptly amend or supplement the Schedule 14D-9 or the Schedule 13E-3 and to cause the Schedule 14D-9 or the Schedule 13E-3 as so amended or supplemented to be filed with the SEC and disseminated to the holders stockholders of Company Common Stockthe Company, in each case as soon as reasonably practicable and as and to the extent required by applicable Applicable Law; provided that any such filing of the Schedule 14D-9 shall not waive, extend or restart the notice period for purposes of Section 262(d)(2) of the DGCL. The Company shall promptly notify Parent upon the receipt of any comments from from, or material discussions with, the SECSEC with respect to the Schedule 14D-9, or any request from the SEC for amendments or supplements, supplements to the Schedule 14D-9 or the Schedule 13E-314D-9, and shall promptly provide Parent with copies of all written correspondence and summaries of all material oral communications between the Company and its representativesRepresentatives, on the one hand, and the SEC, on the other hand. Prior to the filing of the Schedule 14D-9 or the Schedule 13E-3 and (including any amendment or supplement thereto (that does not contain or relate to an Adverse Recommendation Changethereto) with the SEC or dissemination mailing thereof to the holders stockholders of Company Common Stockthe Company, or responding to any comments of the SEC with respect to the Schedule 14D-9 or the Schedule 13E-314D-9, the Company shall provide Parent, Merger Sub Parent and their its counsel a reasonable opportunity to review and comment on the such Schedule 14D-9 or the Schedule 13E-3 or amendment or supplement or response, and the Company shall give reasonable and good faith consideration to any such comments. Unless the Offer has been terminated in accordance with the terms of this Agreement, in the event that the Company receives any comments from the SEC or its staff with respect to the Schedule 14D-9 or the Schedule 13E-3, then it shall use its commercially reasonable efforts to respond promptly to such comments.
(c) The Schedule 14D-9 shall also reflect that the Merger is governed by Section 251(h) of the DGCL and contain and constitute the notice to holders of Company Common Stock of the availability of appraisal rights in connection with the Merger required to be delivered to such holders by Section 262(d) of the DGCL. The Company shall set the record date for the holders of Company Common Stock to receive such notice of appraisal rights as the same date as the Stockholder List Date and shall disseminate the Schedule 14D-9 including such notice of appraisal rights to such holders to the extent required by Section 262(d) of the DGCL provided, that, such record date will not be more than ten (10) calendar days prior to the date that the Schedule 14D-9 is first mailed. The Company hereby consents to the inclusion of the Company Board Recommendation in the Offer Documents and, absent an Adverse Recommendation Change, to the inclusion of a copy of the Schedule 14D-9 with the Offer Documents mailed or furnished to the holders of Company Common Stock.
(d) The Company shall, or shall cause its transfer agent to, furnish Parent and Merger Sub and their agents promptly (and in any event within five (5) Business Days) after the date of this Agreement and from time to time thereafter as requested by Parent or Merger Sub with mailing labels containing the names and addresses of the record holders of Company Common Stock as of the latest practicable date and of those persons becoming record holders subsequent to such date, together with copies of all lists of stockholders, security position listings and computer files any non-objecting beneficial ownership lists, and all other information in the Company’s possession or control regarding the beneficial owners of Company Common Stock, in each case as of the latest date practicable, and shall promptly furnish to Parent and Merger Sub such other information and assistance (including periodically updated lists of stockholders, security position listings and computer files) as Parent or Merger Sub may reasonably request in connection with the Offer. The date of the list of stockholders used to determine the Persons to whom the Offer Documents and the Schedule 14D-9 are first disseminated is referred to as the “Stockholder List Date.” Subject to the requirements of applicable Law, and except for such steps as are necessary to disseminate the Offer Documents and any other documents necessary to consummate the Merger Transactions, Parent and Merger Sub and their representatives shall use the information contained in any such labels, listings and files only in connection with the Merger Transactions, shall treat such information and materials in accordance with the terms and conditions of the Confidentiality Agreement, and, if this Agreement is terminated, shall destroy all copies of such information then in their possession or under their control promptly upon the written request of the Company.
Appears in 2 contracts
Samples: Merger Agreement (IntraLinks Holdings, Inc.), Merger Agreement (Synchronoss Technologies Inc)
Company Actions. (a) The Company hereby approves of and consents to Schedule 14D-9. As promptly as practicable on the Offer, the Merger and the other Merger Transactions and consents to the inclusion in day that the Offer Documents of the Company Board Recommendation.
(b) On the date the Offer Documents are filed with the SECis commenced, the Company shall, concurrently with following the filing of the Schedule TO, the Company shall file with the SEC and disseminate to holders of Shares, in each case as and to the extent required by applicable federal securities laws and Section 262 of the DGCL, a Tender Offer Solicitation/Recommendation Statement on Schedule 14D-9 with respect to the Offer (together with all amendments and supplements thereto and including exhibits thereto, including, if applicable, a Rule 13E-3 transaction statement on Schedule 13E-3 (together with any exhibits, amendments thereof or supplements thereto, the “Schedule 13E-3”), the “Schedule 14D-9”) containingthat, subject to Section 5.36.1(b), shall reflect the Company Board Recommendation and include a notice of appraisal rights in accordance with Section 262 of the DGCL. Prior to such filing and dissemination the Company shall set the Stockholder List Date as the record date for the purpose of receiving the notice required by Section 262(d)(2) of the DGCL. The Company agrees that it will cause the Schedule 14D-9 and the Schedule 13E-3 to be disseminated to the holders of Company Common Stock as and to the extent required by United States federal securities Laws, including Rule 14d-9 and Rule 13E-3 under comply in all material respects with the Exchange ActAct and other applicable Laws and for the notice to comply with Section 262 of the DGCL. Each of Parent Parent, Purchaser and Merger Sub shall promptly furnish or otherwise make available to the Company agrees to respond promptly to any comments of the SEC or the Company’s legal counsel upon request all its staff and to promptly correct any information concerning Parent and Merger Sub that is required provided by the Exchange Act or other applicable Law to be set forth it for use in the Schedule 14D-9 or the Schedule 13E-3 and all other information concerning Parent and Merger Sub that may be reasonably requested by the Company for inclusion in the Schedule 14D-9 or the Schedule 13E-3. Each of the Company, Parent, and Merger Sub shall promptly correct any information supplied by it or on its behalf for inclusion or incorporation by reference in the Schedule 14D-9 or the Schedule 13E-3 if and to the extent that such information shall have become false or misleading in any material respect, and the Company shall take all steps necessary and further agrees to use all reasonable efforts to promptly amend or supplement the Schedule 14D-9 or the Schedule 13E-3 and to cause the Schedule 14D-9 or the Schedule 13E-3 as so amended or supplemented corrected to be promptly filed with the SEC and to be promptly disseminated to the holders of Company Common StockShares, in each case as soon as and to the extent required by applicable Lawfederal securities laws. The Company shall promptly notify Parent upon the receipt of any comments from the SEC, or any request from the SEC for amendments or supplements, to the Schedule 14D-9 or the Schedule 13E-3, and shall promptly provide Parent with copies of all written correspondence and summaries of all material oral communications between the Company and its representatives, on the one hand, and the SEC, on the other hand. Prior to the filing of the Schedule 14D-9 or the Schedule 13E-3 and any amendment or supplement thereto (that does not contain or relate to an Adverse Recommendation Change) with the SEC or dissemination thereof to the holders of Company Common Stock, or responding to any comments of the SEC with respect to the Schedule 14D-9 or the Schedule 13E-3, the Company counsel shall provide Parent, Merger Sub and their counsel a be given reasonable opportunity to review and comment on the Schedule 14D-9 or and any amendment thereto prior to the Schedule 13E-3 or amendment or supplement or response, filing thereof with the SEC. The Company agrees to provide Parent and its counsel with any comments the Company shall give reasonable consideration to any such comments. Unless the Offer has been terminated in accordance with the terms of this Agreement, in the event that the Company receives any comments or its counsel may receive from the SEC or its staff with respect to the Schedule 14D-9 or the Schedule 13E-3, then it shall use its commercially reasonable efforts to respond promptly to after receipt of such comments.
(c) The Schedule 14D-9 shall also reflect that the Merger is governed by Section 251(h) of the DGCL and contain and constitute the notice to holders of Company Common Stock of the availability of appraisal rights in connection with the Merger required to be delivered to such holders by Section 262(d) of the DGCL. The Company shall set the record date for the holders of Company Common Stock to receive such notice of appraisal rights as the same date as the Stockholder List Date and shall disseminate the Schedule 14D-9 including such notice of appraisal rights to such holders to the extent required by Section 262(d) of the DGCL provided, that, such record date will not be more than ten (10) calendar days prior to the date that the Schedule 14D-9 is first mailed. The Company hereby consents to the inclusion of the Company Board Recommendation in the Offer Documents and, absent an Adverse Recommendation Change, to the inclusion of a copy of the Schedule 14D-9 with the Offer Documents mailed or furnished to the holders of Company Common Stock.
(d) The Company shall, or shall cause its transfer agent to, furnish Parent and Merger Sub and their agents promptly (and in any event within five (5) Business Days) after the date of this Agreement and from time to time thereafter as requested by Parent or Merger Sub with mailing labels containing the names and addresses of the record holders of Company Common Stock as of the latest practicable date and of those persons becoming record holders subsequent to such date, together with copies of all lists of stockholders, security position listings and computer files any non-objecting beneficial ownership lists, and all other information in the Company’s possession or control regarding the beneficial owners of Company Common Stock, in each case as of the latest date practicable, and shall promptly furnish to Parent and Merger Sub such other information and assistance (including periodically updated lists of stockholders, security position listings and computer files) as Parent or Merger Sub may reasonably request in connection with the Offer. The date of the list of stockholders used to determine the Persons to whom the Offer Documents and the Schedule 14D-9 are first disseminated is referred to as the “Stockholder List Date.” Subject to the requirements of applicable Law, and except for such steps as are necessary to disseminate the Offer Documents and any other documents necessary to consummate the Merger Transactions, Parent and Merger Sub and their representatives shall use the information contained in any such labels, listings and files only in connection with the Merger Transactions, shall treat such information and materials in accordance with the terms and conditions of the Confidentiality Agreement, and, if this Agreement is terminated, shall destroy all copies of such information then in their possession or under their control promptly upon the written request of the Company.
Appears in 2 contracts
Samples: Merger Agreement (Ikanos Communications, Inc.), Merger Agreement (Ikanos Communications, Inc.)
Company Actions. (a) The Company hereby approves Schedule 14D-9. As promptly as practicable after the Purchaser commences (within the meaning of and consents to Rule 14d-2 under the Offer, the Merger and the other Merger Transactions and consents to the inclusion in Exchange Act) the Offer Documents of and Parent causes the Company Board Recommendation.
(b) On the date the Offer Documents are Schedule TO to be filed with the SEC, the Company shall, concurrently with the filing of the Schedule TO, shall file with the SEC and disseminate to the holders of Shares, in each case as and to the extent required by applicable federal securities Laws, a Tender Offer Solicitation/Recommendation Statement on Schedule 14D-9 with respect to the Offer (together with all amendments and supplements thereto and including exhibits thereto, including, if applicable, a Rule 13E-3 transaction statement on Schedule 13E-3 (together with any exhibits, amendments thereof or supplements thereto, the “Schedule 13E-3”), the “Schedule 14D-9”) containingthat, subject to Section 5.37.1(b), shall reflect the Company Board Recommendation and include the notice and other information required by Section 262(d)(2) of the DGCL. The Company agrees that it shall cause the Schedule 14D-9 to comply in all material respects with the Exchange Act and the Schedule 13E-3 to be disseminated to the holders of Company Common Stock as other applicable Laws, and to not contain any untrue statement of a material fact or omission of a material fact necessary in order to make the extent required by United States federal securities Lawsstatements made therein, including Rule 14d-9 and Rule 13E-3 in light of the circumstances under the Exchange Actwhich they are made, not misleading. Each of Parent and Merger Sub Purchaser shall promptly furnish or otherwise make available to the Company or the Company’s its legal counsel upon request all information concerning Parent and Merger Sub Purchaser and their stockholders that is may be required in connection with any action contemplated by this Section 2.2(a) so as to enable the Exchange Act or other applicable Law Company to be set forth comply with its obligations hereunder. Each of Parent, Purchaser and the Company agrees to promptly correct any information provided by it for use in the Schedule 14D-9 or the Schedule 13E-3 and all other information concerning Parent and Merger Sub that may be reasonably requested by the Company for inclusion in the Schedule 14D-9 or the Schedule 13E-3. Each of the Company, Parent, and Merger Sub shall promptly correct any information supplied by it or on its behalf for inclusion or incorporation by reference in the Schedule 14D-9 or the Schedule 13E-3 if and to the extent that such information shall have become false or misleading in any material respect, and the Company shall further agrees to take all steps necessary and use all reasonable efforts to promptly amend or supplement the Schedule 14D-9 or the Schedule 13E-3 and to cause the Schedule 14D-9 or the Schedule 13E-3 as so amended or supplemented corrected to be filed with the SEC and to be disseminated to the holders of Company Common StockShares, in each case as soon as and to the extent required by applicable Lawfederal securities Laws. The Company shall promptly notify Parent upon the receipt of any comments from the SEC, or any request from the SEC for amendments or supplements, to the Schedule 14D-9 or the Schedule 13E-3, and shall promptly provide Parent with copies of all written correspondence and summaries of all material oral communications between the Company and its representatives, on the one hand, and the SEC, on the other hand. Prior to the filing of the Schedule 14D-9 or the Schedule 13E-3 and any amendment or supplement thereto (that does not contain or relate to an Adverse Recommendation Change) with the SEC or dissemination thereof to the holders of Company Common Stock, or responding to any comments of the SEC with respect to the Schedule 14D-9 or the Schedule 13E-3, the Company counsel shall provide Parent, Merger Sub and their counsel a be given reasonable opportunity to review and comment on the Schedule 14D-9 or prior to the Schedule 13E-3 or amendment or supplement or response, and the Company shall give reasonable consideration to any such comments. Unless the Offer has been terminated in accordance filing thereof with the terms SEC. The Company agrees to provide Parent and its counsel with prompt notice of this Agreement, in the event any comments (whether written or oral) that the Company receives any comments or its counsel may receive from the SEC or its staff with respect to the Schedule 14D-9 (which notice shall include a copy of any written comments) and the Company shall provide Parent and its counsel a reasonable opportunity to participate in the formulation of any response to any such comments of the SEC or its staff, including the Schedule 13E-3, then it shall use opportunity to participate in any discussions with the SEC or its commercially reasonable efforts to respond promptly to staff concerning such comments.
(c) The Schedule 14D-9 shall also reflect that the Merger is governed by Section 251(h) of the DGCL and contain and constitute the notice to holders of Company Common Stock of the availability of appraisal rights in connection with the Merger required to be delivered to such holders by Section 262(d) of the DGCL. The Company shall set respond promptly to any comments of the record date for the holders of Company Common Stock SEC or its staff with respect to receive such notice of appraisal rights as the same date as the Stockholder List Date and shall disseminate the Schedule 14D-9 including such notice of appraisal rights to such holders 14D-9. Notwithstanding anything to the extent required by Section 262(d) of contrary herein, the DGCL provided, that, such record date will not be more than ten (10) calendar days prior to the date that the Schedule 14D-9 is first mailed. The Company hereby consents to the inclusion obligations of the Company in this Section 2.2(a) shall not apply if the Company Board effects a Company Adverse Change Recommendation in the Offer Documents and, absent an Adverse Recommendation Change, or has formally determined to the inclusion of a copy of the Schedule 14D-9 with the Offer Documents mailed or furnished to the holders of Company Common Stockdo so.
(d) The Company shall, or shall cause its transfer agent to, furnish Parent and Merger Sub and their agents promptly (and in any event within five (5) Business Days) after the date of this Agreement and from time to time thereafter as requested by Parent or Merger Sub with mailing labels containing the names and addresses of the record holders of Company Common Stock as of the latest practicable date and of those persons becoming record holders subsequent to such date, together with copies of all lists of stockholders, security position listings and computer files any non-objecting beneficial ownership lists, and all other information in the Company’s possession or control regarding the beneficial owners of Company Common Stock, in each case as of the latest date practicable, and shall promptly furnish to Parent and Merger Sub such other information and assistance (including periodically updated lists of stockholders, security position listings and computer files) as Parent or Merger Sub may reasonably request in connection with the Offer. The date of the list of stockholders used to determine the Persons to whom the Offer Documents and the Schedule 14D-9 are first disseminated is referred to as the “Stockholder List Date.” Subject to the requirements of applicable Law, and except for such steps as are necessary to disseminate the Offer Documents and any other documents necessary to consummate the Merger Transactions, Parent and Merger Sub and their representatives shall use the information contained in any such labels, listings and files only in connection with the Merger Transactions, shall treat such information and materials in accordance with the terms and conditions of the Confidentiality Agreement, and, if this Agreement is terminated, shall destroy all copies of such information then in their possession or under their control promptly upon the written request of the Company.
Appears in 2 contracts
Samples: Merger Agreement (Pacira BioSciences, Inc.), Merger Agreement (Flexion Therapeutics Inc)
Company Actions. (a) The Company hereby approves of and consents to the Offer, the Merger and the other Merger Transactions and consents to the inclusion in the Offer Documents of the Company Board Recommendation.
(b) On As soon as practicable on the date the Offer Documents are filed is commenced, the Company shall file, with the SEC, the Company Schedule 14D-9, which shall, concurrently subject to the provisions of SECTION 6.4(b), contain the recommendation referred to in SECTION 4.5(c) and shall file jointly with the filing of Parent the Schedule TO, file with /Schedule 13E-3. At the SEC a Solicitation/Recommendation Statement on Schedule 14D-9 with respect time the Offer Documents are first mailed to the Offer (together with all amendments and supplements thereto and including exhibits thereto, including, if applicable, a Rule 13E-3 transaction statement on Schedule 13E-3 (together with any amendments thereof or supplements thereto, the “Schedule 13E-3”), the “Schedule 14D-9”) containing, subject to Section 5.3holders of Shares, the Company Board Recommendation and shall mail or cause to be mailed to the stockholders of the Company such Schedule 14D-9 together with such Offer Documents. The Company further agrees to take all steps necessary to cause the Schedule 14D-9 and the Schedule 13E-3 to be disseminated to the holders of Company Common Stock the Shares, as and to the extent required by United States applicable federal securities Laws, including Rule 14d-9 and Rule 13E-3 under the Exchange Actlaws. Each of the Company, on the one hand, and Parent and Merger Sub shall Purchaser, on the other hand, will promptly furnish or otherwise make available to the Company or the Company’s legal counsel upon request all correct any information concerning Parent and Merger Sub that is required provided by the Exchange Act or other applicable Law to be set forth it for use in the Schedule 14D-9 or the Schedule 13E-3 and all other information concerning Parent and Merger Sub that may be reasonably requested by the Company for inclusion in the Schedule 14D-9 or the Schedule 13E-3. Each of the Company, Parent, and Merger Sub shall promptly correct any information supplied by it or on its behalf for inclusion or incorporation by reference in the Schedule 14D-9 or the TO/Schedule 13E-3 if and to the extent that such information it shall have become false or misleading in any material respect, and the . The Company shall further agrees to take all steps necessary and use all reasonable efforts to promptly amend or supplement the Schedule 14D-9 or the Schedule 13E-3 and to cause the Schedule 14D-9 or the Schedule TO/Schedule 13E-3 as so amended or supplemented corrected to be filed with the SEC and to be disseminated to the holders of Company Common Stockthe Shares, in each case as soon as and to the extent required by applicable Lawfederal securities laws. The Company Parent and its counsel shall promptly notify Parent upon be given the receipt of any comments from the SEC, or any request from the SEC for amendments or supplements, opportunity to review the Schedule 14D-9 or the Schedule 13E-3, and shall promptly provide Parent before it is filed with copies of all written correspondence and summaries of all material oral communications between the Company and its representatives, on the one hand, and the SEC, on the other hand. Prior to the filing of the Schedule 14D-9 or the Schedule 13E-3 and any amendment or supplement thereto (that does not contain or relate to an Adverse Recommendation Change) with the SEC or dissemination thereof to the holders of Company Common Stock, or responding to any comments of the SEC with respect to the Schedule 14D-9 or the Schedule 13E-3In addition, the Company shall agrees to provide Parent, Merger Sub Purchaser and their counsel a reasonable opportunity to review and comment on the Schedule 14D-9 with any comments, whether written or the Schedule 13E-3 or amendment or supplement or responseoral, and the Company shall give reasonable consideration to any such comments. Unless the Offer has been terminated in accordance with the terms of this Agreement, in the event that the Company receives any comments or its counsel may receive from time to time from the SEC or its staff with respect to the Schedule 14D-9 or the Schedule TO/Schedule 13E-3, then it shall use its commercially reasonable efforts to respond promptly to after the receipt of such commentscomments or other communications.
(cb) The Schedule 14D-9 shall also reflect that the Merger is governed by Section 251(h) of the DGCL and contain and constitute the notice to holders of Company Common Stock of the availability of appraisal rights in In connection with the Merger required Offer, the Company will promptly furnish or cause to be delivered to such holders by Section 262(d) of the DGCL. The Company shall set the record date for the holders of Company Common Stock to receive such notice of appraisal rights as the same date as the Stockholder List Date and shall disseminate the Schedule 14D-9 including such notice of appraisal rights to such holders to the extent required by Section 262(d) of the DGCL provided, that, such record date will not be more than ten (10) calendar days prior to the date that the Schedule 14D-9 is first mailed. The Company hereby consents to the inclusion of the Company Board Recommendation in the Offer Documents and, absent an Adverse Recommendation Change, to the inclusion of a copy of the Schedule 14D-9 with the Offer Documents mailed or furnished to the holders of Company Common Stock.
(d) The Company shallPurchaser mailing labels, security position listings and any available listing or shall cause its transfer agent to, furnish Parent and Merger Sub and their agents promptly (and in any event within five (5) Business Days) after the date of this Agreement and from time to time thereafter as requested by Parent or Merger Sub with mailing labels computer file containing the names and addresses of all recordholders of the record holders of Company Common Stock Shares as of the latest practicable date and of those persons becoming record holders subsequent to such a recent date, together with copies of all lists of stockholders, security position listings and computer files any non-objecting beneficial ownership lists, and all other information in the Company’s possession or control regarding the beneficial owners of Company Common Stock, in each case as of the latest date practicable, and shall promptly furnish to Parent and Merger Sub Purchaser with such other additional information and assistance (including periodically updated lists of stockholdersholders of the Shares, updated upon request, and their addresses, mailing labels and lists of security position listings and computer filespositions) as Parent Purchaser or Merger Sub its agents may reasonably request in connection with communicating the Offer. The date Offer to the record and beneficial holders of the list of stockholders used to determine the Persons to whom the Offer Documents and the Schedule 14D-9 are first disseminated is referred to as the “Stockholder List Date.” Subject to the requirements of applicable Law, and except Shares. Except for such steps as are necessary to disseminate the Offer Documents and any other documents necessary to consummate the Merger TransactionsDocuments, Parent and Merger Sub and their representatives Purchaser shall use each hold in confidence the information contained in any of such labelslabels and lists and the additional information referred to in the preceding sentence, listings and files will use such information only in connection with the Merger Transactions, shall treat such information and materials in accordance with the terms and conditions of the Confidentiality AgreementOffer, and, if this Agreement is terminated, shall destroy will upon request of the Company deliver or cause to be delivered to the Company all copies of such information then in their its possession or under their control promptly upon the written request possession of its agents or representatives.
(c) Solely in connection with the tender and purchase of Shares pursuant to the Offer and the consummation of the CompanyMerger, the Company hereby waives any and all rights of first refusal it may have with respect to Shares owned by, or issuable to, any Person, other than rights to repurchase unvested shares, if any, that may be held by persons following exercise of employee stock options.
Appears in 2 contracts
Samples: Merger Agreement (Convergent Holding Corp), Merger Agreement (Convergent Holding Corp)
Company Actions. (a) The Company hereby approves shall file on the date of and consents to the Offer, the Merger and the other Merger Transactions and consents to the inclusion in commencement of the Offer Documents of the Company Board Recommendation.
(b) On the date the Offer Documents are filed with the SEC, in a manner that complies with Rule 14d‑9 under the Company shall1934 Act, concurrently with the filing of the Schedule TO, file with the SEC a Tender Offer Solicitation/Recommendation Statement on Schedule 14D-9 14D‑9 with respect to the Offer (together with all amendments amendments, supplements and supplements thereto and including exhibits thereto, including, if applicable, a Rule 13E-3 transaction statement on Schedule 13E-3 (together with any amendments thereof or supplements thereto, the “Schedule 13E-3”), the “Schedule 14D-914D‑9”) containing, subject to Section 5.3, that shall contain the Company Board Recommendation and the notice and other information required by Section 262(d)(2) of the DGCL; provided, however, that such document shall not be required to include the Company Board Recommendation if the Company Board shall have made a Company Adverse Recommendation Change in accordance with Section 8.03(b). Parent shall furnish all information concerning Parent and its Affiliates to the Company, and provide such other assistance, as may be reasonably requested by the Company to be included therein. The Company shall promptly cause the Schedule 14D-9 and the Schedule 13E-3 14D‑9 to be disseminated to the holders of shares of Company Common Stock Stock, as and to the extent required by United States federal securities Lawsall applicable laws, including Rule 14d-9 and Rule 13E-3 under the Exchange 1934 Act, including by setting the Stockholder List Date as the record date for the purpose of receiving the notice required by Section 262(d)(2) of the DGCL. Each of Parent and Merger Sub shall promptly furnish or otherwise make available If, prior to the Acceptance Time, any event occurs with respect to the Company or the Company’s legal counsel upon request all any Company Subsidiary, or any change occurs with respect to other information concerning Parent and Merger Sub that is required included by the Exchange Act or other applicable Law to be set forth Company in the Schedule 14D-9 (other than information supplied by Parent for inclusion therein), on the one hand, or the Schedule 13E-3 and all any event occurs with respect to Parent or any Parent Subsidiary, or any change occurs with respect to other information concerning supplied by Parent and Merger Sub that may be reasonably requested by the Company for inclusion in the Schedule 14D-9 14D-9, on the other hand, upon becoming aware of such information the Company or the Schedule 13E-3. Each of the Company, Parent, and Merger Sub as applicable, shall promptly correct notify the other such event and shall cooperate with the other in the prompt filing with the SEC of any information supplied by it necessary amendment or on its behalf for inclusion or incorporation by reference in supplement to the Schedule 14D-9 and, as required by Law, in disseminating the information contained in such amendment or the Schedule 13E-3 if and supplement to the extent that such information shall have become false or misleading in any material respect, and the Company shall take all steps necessary and use all reasonable efforts to promptly amend or supplement the Schedule 14D-9 or the Schedule 13E-3 and to cause the Schedule 14D-9 or the Schedule 13E-3 as so amended or supplemented to be filed with the SEC and disseminated to the holders of Company Common Stock, in each case as soon as and to the extent required by applicable LawCompany’s stockholders. The Company shall promptly notify Parent upon the receipt of any comments from the SEC, SEC or any request from the SEC for amendments or supplements, supplements to the Schedule 14D-9 or the Schedule 13E-3, and shall promptly provide Parent with copies of all written correspondence and summaries of all material oral communications between the Company and its representativesRepresentatives, on the one hand, and the SEC, on the other hand. Prior The Company shall use its reasonable best efforts to respond as promptly as reasonably practicable to any comments from the SEC with respect to the Schedule 14D-9. Notwithstanding the foregoing, prior to filing of or mailing the Schedule 14D-9 (or the Schedule 13E-3 and any amendment or supplement thereto (that does not contain or relate to an Adverse Recommendation Changethereto) with the SEC or dissemination thereof to the holders of Company Common Stock, or responding to any comments of the SEC with respect to the Schedule 14D-9 or the Schedule 13E-3thereto, the Company shall (i) provide Parent, Merger Sub and their counsel a reasonable Parent with an opportunity to review and comment on such document or response (including the Schedule 14D-9 or the Schedule 13E-3 or amendment or supplement proposed final version of such document or response), (ii) consider in good faith all comments reasonably proposed by Parent and (iii) not file or mail such document or respond to the SEC prior to receiving the approval of Parent, which approval shall not be unreasonably withheld, delayed or conditioned. The Company shall also take any other action (other than qualifying to do business in any jurisdiction in which it is not now so qualified) required to be taken under the 1934 Act or any applicable foreign or state securities laws and the Company shall give reasonable consideration to any such comments. Unless the Offer has been terminated in accordance with the terms of this Agreement, in the event that the Company receives any comments from the SEC or its staff with respect to the Schedule 14D-9 or the Schedule 13E-3, then it shall use its commercially reasonable efforts to respond promptly to such comments.
(c) The Schedule 14D-9 shall also reflect that the Merger is governed by Section 251(h) of the DGCL rules and contain and constitute the notice to holders of Company Common Stock of the availability of appraisal rights regulations thereunder in connection with the Merger required to be delivered to such holders by Section 262(d) of Offer and the DGCL. The Company shall set the record date for the holders of Company Common Stock to receive such notice of appraisal rights as the same date as the Stockholder List Date and shall disseminate the Schedule 14D-9 including such notice of appraisal rights to such holders to the extent required by Section 262(d) of the DGCL provided, that, such record date will not be more than ten (10) calendar days prior to the date that the Schedule 14D-9 is first mailed. The Company hereby consents to the inclusion of the Company Board Recommendation in the Offer Documents and, absent an Adverse Recommendation Change, to the inclusion of a copy of the Schedule 14D-9 with the Offer Documents mailed or furnished to the holders of Company Common StockMerger.
(db) The Company shall, or shall cause its transfer agent to, furnish Parent and Merger Sub and their agents promptly (and in any event within five (5) Business Days) after the date of this Agreement and from From time to time thereafter as requested by Parent Acquisition Sub or Merger its agents, the Company shall furnish or cause to be furnished to Acquisition Sub with mailing labels labels, security position listings, non-objecting beneficial owner lists and any other listings or computer files available to it containing the names and addresses of the record holders or beneficial owners of Company Common Stock as of the latest most recent practicable date and of those persons becoming record holders subsequent to such date, together and shall promptly furnish Acquisition Sub with copies of all such information (including, but not limited to, updated lists of stockholdersholders of Company Stock and their addresses, mailing labels, security position listings and computer files any non-objecting beneficial ownership owner lists, ) and all other information in the Company’s possession or control regarding the beneficial owners of Company Common Stock, in each case as of the latest date practicable, and shall promptly furnish to Parent and Merger Sub such other information and assistance (including periodically updated lists of stockholders, security position listings and computer files) as Parent Acquisition Sub or Merger Sub its agents may reasonably request in communicating with the record and beneficial holders of Company Stock, in connection with the Offer. The preparation and dissemination of the Offer Documents and the solicitation of tenders of shares of Company Stock in the Offer (the date of the list of stockholders used to determine the Persons to whom the Offer Documents and the Schedule 14D-9 are first disseminated is referred to as disseminated, the “Stockholder List Date.” Subject to the requirements of applicable Law, and except for such steps as are necessary to disseminate the Offer Documents and any other documents necessary to consummate the Merger Transactions, ”). Parent and Merger Acquisition Sub and their representatives agents shall use hold in confidence the information contained in any such labels, listings and files files, shall use such information only in connection with the Merger Transactions, shall treat such information and materials in accordance with the terms and conditions of the Confidentiality Agreement, transactions and, if this Agreement is terminated, shall destroy shall, upon request, deliver, and cause their agents to deliver, to the Company all copies of such information then in their possession possession.
(c) The Company shall register the transfer of shares of Company Stock accepted for payment effective immediately after the time at which Acquisition Sub accepts for payment shares of Company Stock tendered and not properly withdrawn pursuant to the Offer (the “Acceptance Time”); provided that Acquisition Sub pays for such shares of Common Stock at or under their control promptly upon the written request of the Companyimmediately after such transfer.
Appears in 2 contracts
Samples: Merger Agreement (GameStop Corp.), Merger Agreement (GameStop Corp.)
Company Actions. (a) The Company hereby approves of and consents to the Offer, the Merger and the other Merger Transactions and consents to the inclusion in the Offer Documents of the Company Board Recommendation.
(b) On the date the Offer Documents are Schedule TO is filed with the SEC, the Company shall, concurrently with the filing of the Schedule TO, shall file with the SEC a Solicitation/Recommendation Statement on Schedule 14D-9 with respect to the Offer (together with all amendments amendments, supplements and supplements thereto and including exhibits thereto, including, if applicable, a Rule 13E-3 transaction statement on Schedule 13E-3 (together with any amendments thereof or supplements thereto, the “Schedule 13E-3”), the “Schedule 14D-9”) containingthat shall, subject to the provisions of Section 5.38.3, contain the Company Board Recommendation Recommendation. The Company shall include in the Schedule 14D-9 a copy of the fairness opinion described in Section 5.23, together with a summary thereof and of the underlying financial analysis. The Company shall take all steps reasonably necessary to cause the Schedule 14D-9 and the Schedule 13E-3 to be prepared and filed with the SEC and disseminated to the holders shareholders of Company Common Stock the Company, in each case as and to the extent required by United States federal securities Laws, including Rule 14d-9 and Rule 13E-3 under the Exchange Act. Each of Parent and Merger Sub shall promptly furnish or otherwise make available to the Company or the Company’s legal counsel upon request in writing all information concerning Parent and Merger Sub that is required by the Exchange Act or other applicable Law to be set forth in the Schedule 14D-9 or the Schedule 13E-3 and all other information concerning Parent and Merger Sub that may be required by applicable Laws or reasonably requested by the Company for inclusion in the Schedule 14D-9 or the Schedule 13E-314D-9. Each of the The Company, Parenton the one hand, and Parent and Merger Sub shall Sub, on the other hand, agree to promptly correct any information supplied provided by it or on its behalf for inclusion or incorporation by reference use in the Schedule 14D-9 or the Schedule 13E-3 if and to the extent that such information shall have become false or misleading in any material respect, and the respect or as otherwise required by applicable Law. The Company shall further agrees to take all steps reasonably necessary and use all reasonable efforts to promptly amend or supplement the Schedule 14D-9 or the Schedule 13E-3 and to cause the Schedule 14D-9 or the Schedule 13E-3 14D-9, as so amended or supplemented corrected (if applicable), to be filed with the SEC and disseminated to the holders shareholders of Company Common Stockthe Company, in each case as soon as and to the extent required by applicable Lawthe Exchange Act. The Company shall promptly notify Parent and Merger Sub upon the receipt of any comments from the SEC, or any request from the SEC for amendments or supplements, to the Schedule 14D-9 or the Schedule 13E-314D-9, and shall promptly provide Parent and Merger Sub with copies of all written correspondence and summaries of all material oral communications between the Company and its representativesRepresentatives, on the one hand, and the SEC, on the other hand. Prior to the filing of the Schedule 14D-9 (including any amendments or the Schedule 13E-3 and any amendment or supplement thereto (that does not contain or relate to an Adverse Recommendation Changesupplements thereto) with the SEC or dissemination thereof to the holders shareholders of Company Common Stockthe Company, or responding to any comments of the SEC with respect to the Schedule 14D-9 or the Schedule 13E-314D-9, the Company shall provide Parent, Merger Sub and their counsel a reasonable opportunity to review and comment on the such Schedule 14D-9 or the Schedule 13E-3 or amendment or supplement or response, and the Company shall give reasonable and good faith consideration to any such comments. Unless the Offer has been terminated in accordance with the terms of this Agreement, in the event that the Company receives any comments from the SEC or its staff with respect to the Schedule 14D-9 or the Schedule 13E-3, then it shall use its commercially reasonable efforts to respond promptly to such comments.
(c) The Schedule 14D-9 shall also reflect that the Merger is governed by Section 251(h) of the DGCL and contain and constitute the notice to holders of Company Common Stock of the availability of appraisal rights in connection with the Merger required to be delivered to such holders by Section 262(d) of the DGCL. The Company shall set the record date for the holders of Company Common Stock to receive such notice of appraisal rights as the same date as the Stockholder List Date and shall disseminate the Schedule 14D-9 including such notice of appraisal rights to such holders to the extent required by Section 262(d) of the DGCL provided, that, such record date will not be more than ten (10) calendar days prior to the date that the Schedule 14D-9 is first mailed. The Company hereby consents to the inclusion of the Company Board Recommendation in the Offer Documents and, absent an Adverse Recommendation Change, to the inclusion of a copy of the Company Recommendation contained in the Schedule 14D-9 with the Offer Documents mailed or furnished to the holders of Company Common Stock14D-9.
(db) The In connection with the Offer, the Company shall, shall promptly furnish or shall cause its transfer agent to, furnish to be furnished to Parent and Merger Sub and or their agents promptly (mailing labels, security position listings, nonobjecting beneficial owner lists and in any event within five (5) Business Days) after the date of this Agreement and from time to time thereafter as requested by Parent other available listings or Merger Sub with mailing labels computer files containing the names and addresses of the record holders or beneficial owners of Company Common Stock the Shares as of the latest most recent practicable date and of those persons becoming record holders subsequent to such date, together with copies of all lists of stockholders, security position listings and computer files any non-objecting beneficial ownership lists, and all other information in the Company’s possession or control regarding the beneficial owners of Company Common Stock, in each case as of the latest date practicable, and shall promptly furnish to Parent and Merger Sub with such other information and assistance (including periodically updated lists of stockholdersrecord holders or beneficial owners of the Shares, from time to time upon Parent’s, Merger Sub’s or either of their respective agents’ reasonable request, and the addresses, mailing labels and lists of security position listings and computer filespositions of such record holders or beneficial owners) as Parent or Parent, Merger Sub or their agents may reasonably request in connection with for the Offer. The date purpose of communicating the list of stockholders used to determine the Persons to whom Offer and providing the Offer Documents to the record holders and beneficial owners of the Schedule 14D-9 are first disseminated is referred to as the “Stockholder List Date.” Shares. Subject to the requirements of applicable Law, and except for such steps as are necessary to disseminate the Offer Documents and any other documents necessary to consummate the Merger Offer, the Merger, the Top-Up Option and the other transactions contemplated by this Agreement (collectively, the “Transactions”), Parent and Merger Sub and their representatives shall use hold in confidence the information contained in any such labels, listings and files in accordance with the Confidentiality Agreement and shall use such information only in connection with the Offer and the Merger Transactions, shall treat such information and materials in accordance with the terms and conditions of the Confidentiality Agreement, and, if this Agreement is shall be terminated, shall promptly deliver (and shall use their respective reasonable best efforts to cause their agents and Representatives to deliver) to the Company or shall destroy all copies and any extract or summaries of such information then in their possession or under their control promptly upon as required by the written request Confidentiality Agreement. In addition, in connection with the Offer, the Company shall cause its Representatives to cooperate with Parent and Merger Sub to disseminate the Offer Documents to holders of Shares held in or subject to any Company Benefit Plan, and to permit such holders of Shares to tender such Shares in the CompanyOffer, to the extent permitted by applicable Law and the applicable Company Benefit Plan.
Appears in 2 contracts
Samples: Merger Agreement (Icahn Enterprises Holdings L.P.), Merger Agreement (Pep Boys Manny Moe & Jack)
Company Actions. (a) The Company hereby approves of and consents to the Offer and represents that the Company Board, at a meeting duly called and held, has unanimously (i) determined that this Agreement and the Offer, the Merger and the other transactions contemplated herein are in the best interests of the Company’s stockholders, (ii) approved and declared advisable this Agreement, the Offer, the Merger Transactions and the other transactions contemplated herein in accordance with the requirements of the DGCL and (iii) resolved to recommend that stockholders of the Company accept the Offer and tender their Shares pursuant to the Offer (the actions taken by the Company Board set forth in clauses (i), (ii) and (iii), the “Company Board Recommendation”). Subject to Section 5.4, the Company hereby consents to the inclusion in the Offer Documents of a description of the Company Board RecommendationRecommendation (including the reasons therefor) in the Offer Documents.
(b) On As promptly as practicable subsequent to the date commencement of the Offer Documents are filed with Offer, following the SEC, filing of the Company shall, concurrently with Schedule TO (and in any event within two business days after the filing of the Schedule TO), the Company shall file with the SEC a Solicitation/Recommendation Statement on Schedule 14D-9 with respect and disseminate to the Offer (together with all amendments and supplements thereto and including exhibits thereto, including, if applicable, a Rule 13E-3 transaction statement on Schedule 13E-3 (together with any amendments thereof or supplements thereto, the “Schedule 13E-3”), the “Schedule 14D-9”) containing, subject to Section 5.3, the Company Board Recommendation and shall cause the Schedule 14D-9 and the Schedule 13E-3 to be disseminated to the holders of Company Common Stock as and to the extent required by United States federal securities Laws, including Rule 14d-9 and Rule 13E-3 under the Exchange Act. Each of Parent and Merger Sub shall promptly furnish or otherwise make available to the Company or the Company’s legal counsel upon request all information concerning Parent and Merger Sub that is required by the Exchange Act or other applicable Law to be set forth in the Schedule 14D-9 or the Schedule 13E-3 and all other information concerning Parent and Merger Sub that may be reasonably requested by the Company for inclusion in the Schedule 14D-9 or the Schedule 13E-3. Each of the Company, Parent, and Merger Sub shall promptly correct any information supplied by it or on its behalf for inclusion or incorporation by reference in the Schedule 14D-9 or the Schedule 13E-3 if and to the extent that such information shall have become false or misleading in any material respect, and the Company shall take all steps necessary and use all reasonable efforts to promptly amend or supplement the Schedule 14D-9 or the Schedule 13E-3 and to cause the Schedule 14D-9 or the Schedule 13E-3 as so amended or supplemented to be filed with the SEC and disseminated to the holders of Company Common StockShares, in each case as soon as and to the extent required by applicable Law, a Tender Offer Solicitation/Recommendation Statement on Schedule 14D-9 (together with any exhibits, amendments or supplements thereto, the “Schedule 14D-9”) that, subject to Section 5.4, shall contain the Company Board Recommendation. Parent and Purchaser shall promptly furnish to the Company in writing all information concerning Parent and Purchaser required by applicable Law for inclusion in the Schedule 14D-9. The Company shall promptly notify Parent upon the receipt of any comments from the SEC, or any request from the SEC for amendments or supplements, to agrees that it will cause the Schedule 14D-9 or the Schedule 13E-3, and shall promptly provide Parent with copies of all written correspondence and summaries of to comply in all material oral communications between the Company and its representatives, on the one hand, and the SEC, on the other hand. Prior to the filing of the Schedule 14D-9 or the Schedule 13E-3 and any amendment or supplement thereto (that does not contain or relate to an Adverse Recommendation Change) respects with the SEC or dissemination thereof to the holders of Company Common Stock, or responding to any comments of the SEC with respect to the Schedule 14D-9 or the Schedule 13E-3, the Company shall provide Parent, Merger Sub Exchange Act and their counsel a reasonable opportunity to review and comment on the Schedule 14D-9 or the Schedule 13E-3 or amendment or supplement or response, and the Company shall give reasonable consideration to any such commentsother applicable Laws. Unless the Offer has been terminated in accordance with the terms of this Agreement, in the event that the Company receives any comments from the SEC or its staff with respect to the Schedule 14D-9 or the Schedule 13E-3, then it shall use its commercially reasonable efforts to respond promptly to such comments.
(c) The Schedule 14D-9 shall also reflect that contain the Merger is governed notice of appraisal rights required to be delivered by the Company under Section 262(d)(2) of the DGCL in connection with a merger effected pursuant to Section 251(h) of the DGCL and contain and constitute at the notice to holders of time the Company Common Stock of first files the availability of appraisal rights in connection Schedule 14D-9 with the Merger required to be delivered to such holders by Section 262(d) of the DGCLSEC. The Company shall set the record date for the holders of Company Common Stock Company’s stockholders to receive such notice of appraisal rights as the same date as the Stockholder List Date and shall disseminate the Schedule 14D-9 including such notice of appraisal rights to such holders the Company’s stockholders to the extent required by Section 262(d) of the DGCL providedDGCL. The Company agrees to respond promptly to any comments of the SEC or its staff with respect to the Schedule 14D-9 and each of Parent, thatPurchaser and the Company agrees to promptly correct any information provided by it for use in the Schedule 14D-9 if and to the extent that such information shall have become false or misleading in any material respect, such record date will not and the Company further agrees to use all reasonable efforts to cause the Schedule 14D-9 as so corrected to promptly be more than ten (10) calendar days filed with the SEC and to promptly be disseminated to holders of Shares, in each case as and to the extent required by applicable Law. Parent and its counsel shall be given reasonable opportunity to review and comment on the Schedule 14D-9 and any amendment thereto prior to the date that filing thereof with the SEC, and the Company shall give due consideration to any such comments. The Company agrees to provide Parent and its counsel with any comments (including a summary of any oral comments) the Company or its counsel may receive from the SEC or its staff with respect to the Schedule 14D-9 is first mailedpromptly after receipt of such comments (and shall give Parent prompt telephonic notice of any material discussions with the SEC or its staff), and the Parent and its counsel shall be given reasonable opportunity to review and comment on any response to such comments prior to the submission thereof. The Company hereby consents shall give due consideration to the inclusion of the Company Board Recommendation in the Offer Documents any such comments, and, absent an Adverse Recommendation Change, to the inclusion of a copy of extent permissible and, in the Schedule 14D-9 Company’s reasonable judgment, feasible under the circumstances, shall allow Parent and/or its counsel to participate in any meetings with the Offer Documents mailed SEC or furnished to the holders of Company Common Stockits staff with respect thereto.
(dc) The In connection with the Offer, the Company shall, shall (or shall cause its transfer agent to, furnish Parent and Merger Sub and their agents ) promptly (and in any event within five (5) Business Days) after the date of this Agreement and from sufficient time to enable Purchaser to commence the Offer within the time thereafter as requested by period specified in Section 1.1(a)) furnish Parent or Merger Sub with a list of its stockholders, mailing labels and any available listing or computer file containing the names and addresses of the all record holders of Company Common Stock as of the latest practicable date Shares and of those persons becoming record holders subsequent to such date, together with copies of all lists of stockholders, security position listings and computer files any non-objecting beneficial ownership lists, and all other information securities positions of Shares held in the Company’s possession or control regarding the beneficial owners of Company Common Stockstock depositories, in each case accurate and as of the latest date practicablemost recent practicable date, and shall promptly furnish provide to Parent and Merger Sub such other additional information and assistance (including periodically updated lists of stockholders, security position listings mailing labels and computer fileslists of securities positions) and such other assistance as Parent or Merger Sub may reasonably request in connection with the Offer. The Offer (the date of the list of stockholders used to determine the Persons to whom the Offer Documents and the Schedule 14D-9 are first disseminated is referred to as disseminated, the “Stockholder List Date.” ”). Subject to the requirements of applicable Law and provided that (i) the Company shall not have made an Adverse Change Recommendation and (ii) this Agreement shall not otherwise have been terminated, the Company shall use its commercially reasonable efforts to make solicitations and recommendations to the record holders and beneficial owners of Shares for purposes of causing the Minimum Condition to be satisfied. Subject to the requirements of applicable Law, and except for such steps as are necessary to disseminate the Offer Documents and any other documents necessary to consummate the Merger Transactionstransactions contemplated herein, Parent and Merger Sub Purchaser and their representatives agents shall use hold in confidence the information contained in any such labels, listings and files files, with such being subject to the Confidentiality Agreement, shall use such information only in connection with the Offer and the Merger Transactions, shall treat such information and materials in accordance with the terms and conditions of the Confidentiality Agreement, and, if this Agreement is shall be terminated, shall, upon request by the Company, deliver, and shall use their reasonable efforts to cause their agents to deliver, to the Company or destroy all copies of and any extracts or summaries from such information then in their possession or under their control promptly upon the written request of the Companycontrol.
Appears in 2 contracts
Samples: Merger Agreement (Datawatch Corp), Merger Agreement (Altair Engineering Inc.)
Company Actions. (a) The Company hereby approves of and consents to Schedule 14D-9. As promptly as practicable on the Offer, the Merger and the other Merger Transactions and consents to the inclusion in day that the Offer Documents of the Company Board Recommendation.
(b) On the date the Offer Documents are filed with the SECis commenced, the Company shall, concurrently with following the filing of the Schedule TO, the Company shall file with the SEC and disseminate to holders of Company Shares, in each case as and to the extent required by applicable federal securities Laws and Section 262 of the DGCL, a Tender Offer Solicitation/Recommendation Statement on Schedule 14D-9 with respect to the Offer (together with all amendments and supplements thereto and including exhibits thereto, including, if applicable, a Rule 13E-3 transaction statement on Schedule 13E-3 (together with any exhibits, amendments thereof or supplements thereto, the “Schedule 13E-3”), the “Schedule 14D-9”) containingthat, subject to Section 5.3, 5.02(f) shall reflect the Company Board Recommendation and include a notice of appraisal rights in accordance with Section 262 of the DGCL. Prior to such filing and dissemination, the Company shall set the Stockholder List Date as the record date for the purpose of receiving the notice required by Section 262(d)(2) of the DGCL. The Company agrees that it will cause the Schedule 14D-9 and the Schedule 13E-3 to be disseminated to the holders of Company Common Stock as and to the extent required by United States federal securities Laws, including Rule 14d-9 and Rule 13E-3 under the Exchange Act. Each of Parent and Merger Sub shall promptly furnish or otherwise make available to the Company or the Company’s legal counsel upon request (i) comply in all information concerning Parent and Merger Sub that is required by material respects with the Exchange Act or and other applicable Law Laws and for the notice to comply with Section 262 of the DGCL and (ii) to not contain any untrue statement of a material fact or omit to state any material fact required to be set forth stated therein or necessary in order to make the Schedule 14D-9 or statements therein, in light of the Schedule 13E-3 and all other information concerning Parent and Merger Sub circumstances under which they were made, not misleading; provided, however, that may be reasonably requested no covenant is made by the Company for inclusion in the Schedule 14D-9 or the Schedule 13E-3. Each of the Company, Parent, and Merger Sub shall promptly correct any with respect to information supplied by it or on its behalf of Parent or Purchaser for inclusion or incorporation by reference in the Schedule 14D-9 14D-9. The Company agrees to provide Parent and its counsel with any comments the Company or its counsel may receive from the SEC or its staff with respect to the Schedule 13E-3 14D-9 promptly after receipt of such comments. Each of Parent, Purchaser and the Company agrees to respond promptly to any comments of the SEC or its staff and to promptly correct any information provided by it for use in the Schedule 14D-9 if and to the extent that such information shall have become false or misleading in any material respect, and the Company shall further agrees to take all steps necessary and use all reasonable efforts to promptly amend or supplement the Schedule 14D-9 or the Schedule 13E-3 and to cause the Schedule 14D-9 or the Schedule 13E-3 as so amended or supplemented corrected to be filed with the SEC and to be disseminated to the holders of Company Common StockShares, in each case as soon as and to the extent required by applicable Lawfederal securities laws. The Company shall promptly notify Parent upon the receipt of any comments from the SEC, or any request from the SEC for amendments or supplements, to the Schedule 14D-9 or the Schedule 13E-3, and shall promptly provide Parent with copies of all written correspondence and summaries of all material oral communications between the Company and its representatives, on the one hand, and the SEC, on the other hand. Prior to the filing of the Schedule 14D-9 or the Schedule 13E-3 and any amendment or supplement thereto (that does not contain or relate to an Adverse Recommendation Change) with the SEC or dissemination thereof to the holders of Company Common Stock, or responding to any comments of the SEC with respect to the Schedule 14D-9 or the Schedule 13E-3, the Company counsel shall provide Parent, Merger Sub and their counsel a be given reasonable opportunity to review and comment on the Schedule 14D-9 or the Schedule 13E-3 or and any amendment or supplement or response, and the Company shall give reasonable consideration to any such comments. Unless the Offer has been terminated in accordance with the terms of this Agreement, in the event that the Company receives any comments from the SEC or its staff with respect to the Schedule 14D-9 or the Schedule 13E-3, then it shall use its commercially reasonable efforts to respond promptly to such comments.
(c) The Schedule 14D-9 shall also reflect that the Merger is governed by Section 251(h) of the DGCL and contain and constitute the notice to holders of Company Common Stock of the availability of appraisal rights in connection with the Merger required to be delivered to such holders by Section 262(d) of the DGCL. The Company shall set the record date for the holders of Company Common Stock to receive such notice of appraisal rights as the same date as the Stockholder List Date and shall disseminate the Schedule 14D-9 including such notice of appraisal rights to such holders to the extent required by Section 262(d) of the DGCL provided, that, such record date will not be more than ten (10) calendar days thereto prior to the date that the Schedule 14D-9 is first mailed. The Company hereby consents to the inclusion of the Company Board Recommendation in the Offer Documents and, absent an Adverse Recommendation Change, to the inclusion of a copy of the Schedule 14D-9 filing thereof with the Offer Documents mailed or furnished to the holders of Company Common StockSEC.
(d) The Company shall, or shall cause its transfer agent to, furnish Parent and Merger Sub and their agents promptly (and in any event within five (5) Business Days) after the date of this Agreement and from time to time thereafter as requested by Parent or Merger Sub with mailing labels containing the names and addresses of the record holders of Company Common Stock as of the latest practicable date and of those persons becoming record holders subsequent to such date, together with copies of all lists of stockholders, security position listings and computer files any non-objecting beneficial ownership lists, and all other information in the Company’s possession or control regarding the beneficial owners of Company Common Stock, in each case as of the latest date practicable, and shall promptly furnish to Parent and Merger Sub such other information and assistance (including periodically updated lists of stockholders, security position listings and computer files) as Parent or Merger Sub may reasonably request in connection with the Offer. The date of the list of stockholders used to determine the Persons to whom the Offer Documents and the Schedule 14D-9 are first disseminated is referred to as the “Stockholder List Date.” Subject to the requirements of applicable Law, and except for such steps as are necessary to disseminate the Offer Documents and any other documents necessary to consummate the Merger Transactions, Parent and Merger Sub and their representatives shall use the information contained in any such labels, listings and files only in connection with the Merger Transactions, shall treat such information and materials in accordance with the terms and conditions of the Confidentiality Agreement, and, if this Agreement is terminated, shall destroy all copies of such information then in their possession or under their control promptly upon the written request of the Company.
Appears in 2 contracts
Samples: Merger Agreement (Roche Holding LTD), Merger Agreement (Ignyta, Inc.)
Company Actions. (a) The Company hereby approves of and consents to the Offer, the Merger and Merger, the other Merger Contemplated Transactions and consents each of the Offer Documents. The Company has been advised that all of its directors and named executive officers (as that term is defined in Item 402 of Regulation S-K of the Securities Act) who own shares of Company Common Stock (giving effect to any conversion or exercise of other Company securities into shares of Company Common Stock) intend to tender their shares of Company Common Stock pursuant to the inclusion in the Offer Documents Offer. The Company agrees that no shares of Company Common Stock held by the Company Board Recommendation(other than any such shares held on behalf of third parties, if any) will be tendered pursuant to the Offer.
(b) On The Company shall file on the date of the commencement of the Offer Documents are filed with the SEC, in accordance with Rule 14d-9 under the Company shallExchange Act, concurrently with the filing of the Schedule TO, file with the SEC a Tender Offer Solicitation/Recommendation Statement on Schedule 14D-9 with respect to the Offer (together with all amendments amendments, supplements and supplements thereto and including exhibits thereto, including, if applicable, a Rule 13E-3 transaction statement on Schedule 13E-3 (together with any amendments thereof or supplements thereto, the “Schedule 13E-3”), the “Schedule 14D-9”) containing, subject to Section 5.3, that shall contain the Company Board Recommendation and the notice and other information required by Section 262(d)(2) of the DGCL; provided, however, that such document shall not be required to include the Company Board Recommendation if the Company Board shall have made a Change in the Company Board Recommendation in accordance with Section 7.01(d). Parent shall promptly furnish all information concerning Parent and its Affiliates to the Company as required by the Exchange Act or Applicable Law to be included therein. The Company shall promptly cause the Schedule 14D-9 and the Schedule 13E-3 to be disseminated to the holders of shares of Company Common Stock Stock, as and to the extent required by United States federal securities all Applicable Laws, including Rule 14d-9 and Rule 13E-3 under the Exchange Act, including by setting the Stockholder List Date as the record date for the purpose of receiving the notice required by Section 262(d)(2) of the DGCL. Each of Parent and Merger Sub shall promptly furnish or otherwise make available If, prior to the Acceptance Time, any event occurs with respect to the Company or any Subsidiary of the Company’s legal counsel upon request all , or any change occurs with respect to other information concerning Parent and Merger Sub that is required included by the Exchange Act or other applicable Law to be set forth Company in the Schedule 14D-9 (other than information supplied by Parent for inclusion therein), on the one hand, or the Schedule 13E-3 and all any event occurs with respect to Parent or any Affiliate of Parent, or any change occurs with respect to other information concerning supplied by Parent and Merger Sub that may be reasonably requested by the Company for inclusion in the Schedule 14D-9 14D-9, on the other hand, upon becoming aware of such information the Company or the Schedule 13E-3. Each of the Company, Parent, and Merger Sub as applicable, shall promptly correct notify the other of such event and shall cooperate with the other in the prompt filing with the SEC of any information supplied by it necessary amendment or on its behalf for inclusion or incorporation by reference in supplement to the Schedule 14D-9 and, as required by Applicable Law, in disseminating the information contained in such amendment or the Schedule 13E-3 if and supplement to the extent that such information shall have become false or misleading in any material respect, and Company’s stockholders. So long as the Company shall take all steps necessary and use all reasonable efforts to promptly amend or supplement Board has not made a Change in the Schedule 14D-9 or Company Board Recommendation in accordance with Section 7.01(d), the Schedule 13E-3 and to cause the Schedule 14D-9 or the Schedule 13E-3 as so amended or supplemented to be filed with the SEC and disseminated to the holders of Company Common Stock, in each case as soon as and to the extent required by applicable Law. The Company shall promptly notify Parent upon the receipt of any comments from the SEC, SEC or any request from the SEC for amendments or supplements, supplements to the Schedule 14D-9 or the Schedule 13E-3, and shall promptly provide Parent with copies of all written correspondence and summaries of all material oral communications between the Company and its representativesRepresentatives, on the one hand, and the SEC, on the other hand. Prior The Company shall use its reasonable best efforts to respond as promptly as reasonably practicable to any comments from the SEC with respect to the Schedule 14D-9. Notwithstanding the foregoing, so long as the Company Board has not made a Change in the Company Board Recommendation in accordance with Section 7.01(d), prior to filing of or mailing the Schedule 14D-9 (or the Schedule 13E-3 and any amendment or supplement thereto (that does not contain or relate to an Adverse Recommendation Changethereto) with the SEC or dissemination thereof to the holders of Company Common Stock, or responding to any comments of the SEC with respect to the Schedule 14D-9 or the Schedule 13E-3thereto, the Company shall (i) provide Parent with an opportunity to review and comment on such document or response (including the proposed final version of such document or response), (ii) consider in good faith all comments reasonably proposed by Parent and (iii) not file or mail such document or respond to the SEC prior to receiving the approval of Parent, which approval shall not be unreasonably withheld, delayed or conditioned. Without limiting the foregoing, so long as the Company Board has not made a Change in the Company Board Recommendation in accordance with Section 7.01(d), Parent, Merger Sub and their counsel a reasonable opportunity shall have the right to review and comment on participate with the Schedule 14D-9 Company or its counsel regarding any discussions or meetings with the SEC related to the Offer, the Merger or the Schedule 13E-3 or amendment or supplement or response, and the Company shall give reasonable consideration to any such comments. Unless the Offer has been terminated in accordance with the terms of this Agreement, in the event that the Company receives any comments from the SEC or its staff with respect other Contemplated Transactions to the Schedule 14D-9 or extent such participation is not prohibited by the Schedule 13E-3, then it shall use its commercially reasonable efforts to respond promptly to such commentsSEC.
(c) The Schedule 14D-9 shall also reflect that the Merger is governed by Section 251(h) of the DGCL and contain and constitute the notice to holders of Company Common Stock of the availability of appraisal rights in connection with the Merger required to be delivered to such holders by Section 262(d) of the DGCL. The Company shall set the record date for the holders of Company Common Stock to receive such notice of appraisal rights as the same date as the Stockholder List Date and shall disseminate the Schedule 14D-9 including such notice of appraisal rights to such holders to the extent required by Section 262(d) of the DGCL provided, that, such record date will not be more than ten (10) calendar days prior to the date that the Schedule 14D-9 is first mailed. The Company hereby consents to the inclusion of the Company Board Recommendation in the Offer Documents and, absent an Adverse Recommendation Change, to the inclusion of a copy of the Schedule 14D-9 with the Offer Documents mailed or furnished to the holders of Company Common Stock.
(d) The Company shall, or shall cause its transfer agent to, furnish Parent and Merger Sub and their agents promptly (and in any event within five (5) Business Days) after the date of this Agreement hereof, and from time to time thereafter as reasonably requested by Parent or Merger Sub with or its agents, furnish or cause to be furnished to Merger Sub mailing labels labels, security position listings, non-objecting beneficial owner lists and any other listings or computer files available to it containing the names and addresses of the record holders or beneficial owners of Company Common Stock as of the latest most recent practicable date and of those persons becoming record holders subsequent to such date, together and shall promptly furnish Merger Sub with copies of all such information (including, but not limited to, updated lists of stockholdersholders of Company Common Stock and their addresses, mailing labels, security position listings and computer files any non-objecting beneficial ownership owner lists, ) and all such other information assistance as Merger Sub or its agents may reasonably request in communicating with the Company’s possession or control regarding the record and beneficial owners holders of Company Common Stock, in each case as of the latest date practicable, and shall promptly furnish to Parent and Merger Sub such other information and assistance (including periodically updated lists of stockholders, security position listings and computer files) as Parent or Merger Sub may reasonably request in connection with the Offer. The preparation and dissemination of the Offer Documents and the solicitation of tenders of shares of Company Common Stock in the Offer (the date of the list of stockholders used to determine the Persons to whom the Offer Documents and the Schedule 14D-9 are first disseminated is referred to as disseminated, the “Stockholder List Date.” Subject to the requirements of applicable Law, and except for such steps as are necessary to disseminate the Offer Documents and any other documents necessary to consummate the Merger Transactions, ”). Parent and Merger Sub and their representatives respective Representatives shall use hold in confidence the information contained in any such labels, listings and files files, shall use such information only in connection with the Merger Transactions, shall treat such information and materials in accordance with the terms and conditions of the Confidentiality Agreement, transactions and, if this Agreement is terminated, shall destroy shall, upon request, deliver, and cause their agents to deliver, to the Company all copies copies, summaries and abstracts of such information then in their possession or under their control promptly upon actual possession.
(d) The Company shall instruct its transfer agent to register the written request transfer of shares of Company Common Stock accepted for payment effective immediately after the CompanyAcceptance Time.
Appears in 2 contracts
Samples: Merger Agreement (Ig Design Group Americas, Inc.), Merger Agreement (CSS Industries Inc)
Company Actions. (a) The Company hereby approves of and consents to the Offer, the Merger and the other Merger Transactions and consents to the inclusion in the Offer Documents of the Company Board Recommendation.
(b) On the date the Offer Documents are --------------- filed with the SEC, the Company shall, concurrently in a manner that complies with Rule 14d-9 under the filing of the Schedule TOExchange Act, file with the SEC a Tender Offer Solicitation/Recommendation Statement on Schedule 14D-9 with respect to the Offer (together with all amendments amendments, supplements and supplements thereto and including exhibits thereto, includingthe "Schedule 14D-9") which shall, if applicable, a Rule 13E-3 transaction statement on Schedule 13E-3 (together with any amendments thereof or supplements thereto, -------------- subject to the “Schedule 13E-3”provisions of Section 5.3(c), contain the “Schedule 14D-9”) containing, subject to Section 5.3, recommendation that the stockholders of the Company Board Recommendation accept the Offer, tender their Shares to the Purchaser pursuant to the Offer, and shall approve and adopt this Agreement and the Merger. The Company agrees to cause the Schedule 14D-9 to be filed with the SEC and disseminated to holders of Shares as required by applicable federal securities laws. The Company, on the one hand, and Parent and the Schedule 13E-3 Purchaser, on the other hand, agree to be disseminated to the holders of Company Common Stock as and to the extent required promptly correct any information provided by United States federal securities Laws, including Rule 14d-9 and Rule 13E-3 under the Exchange Act. Each of Parent and Merger Sub shall promptly furnish or otherwise make available to the Company or the Company’s legal counsel upon request all information concerning Parent and Merger Sub that is required by the Exchange Act or other applicable Law to be set forth it for use in the Schedule 14D-9 or the Schedule 13E-3 and all other information concerning Parent and Merger Sub that may be reasonably requested by the Company for inclusion in the Schedule 14D-9 or the Schedule 13E-3. Each of the Company, Parent, and Merger Sub shall promptly correct any information supplied by if it or on its behalf for inclusion or incorporation by reference in the Schedule 14D-9 or the Schedule 13E-3 if and to the extent that such information shall have become false or misleading in any material respect, and the respect or as otherwise required by law. The Company shall agrees to take all steps necessary and use all reasonable efforts to promptly amend or supplement the Schedule 14D-9 or the Schedule 13E-3 and to cause the Schedule 14D-9 or the Schedule 13E-3 as so amended or supplemented corrected to be filed with the SEC and disseminated to the holders of Company Common Stock, in each case the Shares as soon as and to the extent required by applicable Lawfederal securities laws. The Company shall promptly notify Parent upon the receipt of any comments from the SEC, or any request from the SEC for amendments or supplements, to the Schedule 14D-9 or the Schedule 13E-3, and shall promptly provide Parent with copies of all written correspondence and summaries of all material oral communications between the Company and its representatives, on the one hand, and the SEC, on the other hand. Prior to the filing of the Schedule 14D-9 or the Schedule 13E-3 and any amendment or supplement thereto (that does not contain or relate to an Adverse Recommendation Change) with the SEC or dissemination thereof to the holders of Company Common Stock, or responding to any comments of the SEC with respect to the Schedule 14D-9 or the Schedule 13E-3Parent, the Company shall provide Parent, Merger Sub Purchaser and their counsel a shall be given the reasonable opportunity to review and comment on the Schedule 14D-9 or before it is filed with the Schedule 13E-3 or amendment or supplement or responseSEC. In addition, and the Company shall give reasonable consideration agrees to provide Parent, the Purchaser and their counsel in writing with any such comments. Unless the Offer has been terminated in accordance with the terms of this Agreement, in the event comments or communications that the Company receives any comments or its counsel may receive from time to time from the SEC or its staff with respect to the Schedule 14D-9 or promptly after the Schedule 13E-3, then it shall use its commercially reasonable efforts to respond promptly to Company's receipt of such comments.
(cb) The Schedule 14D-9 shall also reflect that the Merger is governed by Section 251(h) of the DGCL and contain and constitute the notice to holders of Company Common Stock of the availability of appraisal rights in In connection with the Merger required to be delivered to such holders by Section 262(d) of Offer, the DGCL. The Company shall set the record date for the holders of Company Common Stock to receive such notice of appraisal rights as the same date as the Stockholder List Date and shall disseminate the Schedule 14D-9 including such notice of appraisal rights to such holders promptly furnish to the extent required by Section 262(d) of the DGCL providedPurchaser mailing labels, that, such record date will not be more than ten (10) calendar days prior to the date that the Schedule 14D-9 is first mailed. The Company hereby consents to the inclusion of the Company Board Recommendation in the Offer Documents and, absent an Adverse Recommendation Change, to the inclusion of a copy of the Schedule 14D-9 with the Offer Documents mailed security position listings and any available listing or furnished to the holders of Company Common Stock.
(d) The Company shall, or shall cause its transfer agent to, furnish Parent and Merger Sub and their agents promptly (and in any event within five (5) Business Days) after the date of this Agreement and from time to time thereafter as requested by Parent or Merger Sub with mailing labels computer file containing the names and addresses of the record holders of Company Common Stock the Shares as of the latest practicable date and of those persons becoming record holders subsequent to such a recent date, together with copies of all lists of stockholders, security position listings and computer files any non-objecting beneficial ownership lists, and all other information in the Company’s possession or control regarding the beneficial owners of Company Common Stock, in each case as of the latest date practicable, and shall promptly furnish to Parent and Merger Sub the Purchaser with such other information and assistance (including periodically updated including, but not limited to, lists of stockholdersholders of the Shares, updated periodically, and their addresses, mailing labels and lists of security position listings and computer filespositions) as Parent or Merger Sub the Purchaser may reasonably request in connection with the Offer. The date of the list of stockholders used to determine the Persons to whom the Offer Documents and the Schedule 14D-9 are first disseminated is referred to as the “Stockholder List Daterequest.” Subject to the requirements of applicable Law, and except for such steps as are necessary to disseminate the Offer Documents and any other documents necessary to consummate the Merger Transactions, Parent and Merger Sub and their representatives shall use the information contained in any such labels, listings and files only in connection with the Merger Transactions, shall treat such information and materials in accordance with the terms and conditions of the Confidentiality Agreement, and, if this Agreement is terminated, shall destroy all copies of such information then in their possession or under their control promptly upon the written request of the Company.
Appears in 2 contracts
Samples: Merger Agreement (Lee Sara Corp), Merger Agreement (Lee Sara Corp)
Company Actions. (a) The Company hereby approves of and consents to the Offer, the Merger and the other Merger Transactions and consents to the inclusion in the Offer Documents of the Company Board Recommendation.
(b) Schedule 14D-9. On the date that the Offer Documents are filed with the SEC, the Company shall, concurrently in a manner that complies with the filing of rules and regulations promulgated by the Schedule TOSEC under the Exchange Act, including Rule 14d-9 thereunder, file with the SEC a Tender Offer Solicitation/Recommendation Statement on Schedule 14D-9 with respect to the Offer (together with all amendments amendments, supplements and supplements thereto and including exhibits thereto, including, if applicable, a Rule 13E-3 transaction statement on Schedule 13E-3 (together with any amendments thereof or supplements thereto, the “Schedule 13E-3”), the “Schedule 14D-9”) containingthat shall, subject to the provisions of Section 5.36.03, contain the Company Board Recommendation and shall include the notice and other information required by Section 262(d)(2) of the DGCL. The Company further agrees to cause the Schedule 14D-9 and the Schedule 13E-3 to be disseminated to the holders of Company Common Stock Stock, as and to the extent required by United States federal securities Laws, including Rule 14d-9 and Rule 13E-3 under the Exchange Act. Each The Company shall cause the Schedule 14D-9 to (i) comply in all material respects with applicable requirements of Parent and Merger Sub shall promptly furnish or otherwise make available to the Company or the Company’s legal counsel upon request all information concerning Parent and Merger Sub that is required by the Exchange Act and (ii) as of the date first filed with the SEC and on the date first published, sent or other applicable Law given to the holders of Company Common Stock, not contain any untrue statement of a material fact or omit to state any material fact required to be set forth stated therein or necessary in order to make the Schedule 14D-9 or statements therein, in light of the Schedule 13E-3 and all other information concerning Parent and Merger Sub circumstances under which they were made, not misleading; provided, however, that may be reasonably requested no covenant is made by the Company with respect to information supplied by Parent or Merger Sub for inclusion in the Schedule 14D-9 or 14D-9. Parent and Merger Sub, on the Schedule 13E-3. Each of one hand, and the Company, Parenton the other hand, agree to promptly notify the other party and Merger Sub shall promptly correct any information supplied provided by it or on its behalf for inclusion or incorporation by reference use in the Schedule 14D-9 or the Schedule 13E-3 14D-9, if and to the extent that such information it shall have become false or misleading in any material respectrespect or as otherwise required by applicable Laws, and the Company shall take all steps necessary and use all reasonable efforts to promptly amend or supplement the Schedule 14D-9 or the Schedule 13E-3 and agrees to cause the Schedule 14D-9 or the Schedule 13E-3 14D-9, as so amended or supplemented corrected, to be filed with the SEC and disseminated to the holders of Company Common Stock, in each case as soon case, as and to the extent required by applicable Law. The Company shall promptly notify Parent upon the receipt of any comments from the SECLaws, or any request from by the SEC or its staff or NASDAQ. Except for amendments or supplements, to the a filing on Schedule 14D-9 or the Schedule 13E-3, and shall promptly provide Parent with copies of all written correspondence and summaries of all material oral communications between the Company and its representatives, on the one hand, and the SEC, on the other hand. Prior to the filing of the Schedule 14D-9 or the Schedule 13E-3 and any amendment or supplement thereto (that does not contain or relate to disclose an Adverse Recommendation Change) with the SEC or dissemination thereof to the holders of Company Common Stock, or responding to any comments of the SEC with respect to the Schedule 14D-9 or the Schedule 13E-3, the Company shall provide Parent, Merger Sub and their counsel shall be given a reasonable opportunity to review and comment on the Schedule 14D-9 or before it is filed with the Schedule 13E-3 or amendment or supplement or responseSEC, and the Company shall give reasonable consideration consider in good faith any comments from Parent, Merger Sub or their counsel. In addition, except following an Adverse Recommendation Change (and except for comments or communications relating to a filing on Schedule 14D-9 to disclose an Adverse Recommendation Change), the Company shall provide in writing to Parent, Merger Sub and their counsel any such comments. Unless the Offer has been terminated in accordance with the terms of this Agreementwritten comments or other material written communications (and shall orally describe any oral comments or other material oral communication), in the event that the Company receives any comments or its counsel may receive from time to time from the SEC or its staff or any other Governmental Entity with respect to the Schedule 14D-9 promptly after receipt, and any written or oral responses thereto. Except following an Adverse Recommendation Change (and except for responses relating to a filing on Schedule 14D-9 to disclose an Adverse Recommendation Change), Parent, Merger Sub and their counsel shall be given a reasonable opportunity to participate in the Schedule 13E-3formulation of any response to any such comments of the SEC or any other Governmental Entity or its staff, then it including a reasonable opportunity to review and comment on any such responses, which comments the Company shall consider in good faith. The Company shall use its commercially reasonable efforts to respond promptly to any such comments.
(c) The Schedule 14D-9 shall also reflect that the Merger is governed by Section 251(h) of the DGCL and contain and constitute the notice to holders of Company Common Stock of the availability of appraisal rights in connection with the Merger required to be delivered to such holders by Section 262(d) of the DGCL. The Company shall set the record date for the holders of Company Common Stock to receive such notice of appraisal rights as the same date as the Stockholder List Date and shall disseminate the Schedule 14D-9 including such notice of appraisal rights to such holders to the extent required by Section 262(d) of the DGCL provided, that, such record date will not be more than ten (10) calendar days prior to the date that the Schedule 14D-9 is first mailed. The Company hereby consents to the inclusion of the Company Board Recommendation in the Offer Documents and, absent an Adverse Recommendation Change, to the inclusion of a copy of the Schedule 14D-9 with the Offer Documents mailed or furnished to the holders of Company Common Stock.
(d) The Company shall, or shall cause its transfer agent to, furnish Parent and Merger Sub and their agents promptly (and in any event within five (5) Business Days) after the date of this Agreement and from time to time thereafter as requested by Parent or Merger Sub with mailing labels containing the names and addresses of the record holders of Company Common Stock as of the latest practicable date and of those persons becoming record holders subsequent to such date, together with copies of all lists of stockholders, security position listings and computer files any non-objecting beneficial ownership lists, and all other information in the Company’s possession or control regarding the beneficial owners of Company Common Stock, in each case as of the latest date practicable, and shall promptly furnish to Parent and Merger Sub such other information and assistance (including periodically updated lists of stockholders, security position listings and computer files) as Parent or Merger Sub may reasonably request in connection with the Offer. The date of the list of stockholders used to determine the Persons to whom the Offer Documents and the Schedule 14D-9 are first disseminated is referred to as the “Stockholder List Date.” Subject to the requirements of applicable Law, and except for such steps as are necessary to disseminate the Offer Documents and any other documents necessary to consummate the Merger Transactions, Parent and Merger Sub and their representatives shall use the information contained in any such labels, listings and files only in connection with the Merger Transactions, shall treat such information and materials in accordance with the terms and conditions of the Confidentiality Agreement, and, if this Agreement is terminated, shall destroy all copies of such information then in their possession or under their control promptly upon the written request of the Company.
Appears in 2 contracts
Samples: Merger Agreement (Carbonite Inc), Merger Agreement (Open Text Corp)
Company Actions. (a) The Company hereby approves of and consents to the Offer, the Merger and the other Merger Transactions and consents to the inclusion in the Offer Documents of the Company Board Recommendation.
(b) Schedule 14D-9. On the date that the Offer Documents are Schedule TO is filed with the SEC, the Company shall, concurrently with the filing of the Schedule TO, shall file with the SEC and disseminate to the holders of Shares, in each case as and to the extent required by applicable federal securities Laws, a Tender Offer Solicitation/Recommendation Statement on Schedule 14D-9 with respect to the Offer (together with all amendments and supplements thereto and including exhibits thereto, including, if applicable, a Rule 13E-3 transaction statement on Schedule 13E-3 (together with any exhibits, amendments thereof or supplements thereto, the “Schedule 13E-3”), the “Schedule 14D-9”) containingthat, subject to Section 5.37.1(b), shall reflect the Company Board Recommendation and include the notice and other information required by Section 262(d)(2) of the DGCL. The Company shall set the record date for the Company’s stockholders to receive the notice of appraisal rights as the same date as the Stockholder List Date and shall disseminate the Schedule 14d-9 including such notice of appraisal rights to the Company’s stockholders to the extent required by Section 262(d) of the DGCL. The Company agrees that it shall cause the Schedule 14D-9 to comply in all material respects with the Exchange Act and the Schedule 13E-3 to be disseminated to the holders of Company Common Stock as other applicable Laws and to not contain any untrue statement of a material fact or omission of a material fact necessary in order to make the extent required by United States federal securities Lawsstatements made therein, including Rule 14d-9 and Rule 13E-3 in light of the circumstances under the Exchange Actwhich they are made, not misleading. Each of Parent and Merger Sub Purchaser shall promptly furnish or otherwise make available to the Company or the Company’s its legal counsel upon request all information concerning Parent and Merger Sub Purchaser and their stockholders that is may be required in connection with any action contemplated by this Section 2.2(a) so as to enable the Exchange Act or other applicable Law Company to be set forth comply with its obligations hereunder. Each of Parent, Purchaser and the Company agrees to promptly correct any information provided by it for use in the Schedule 14D-9 or the Schedule 13E-3 and all other information concerning Parent and Merger Sub that may be reasonably requested by the Company for inclusion in the Schedule 14D-9 or the Schedule 13E-3. Each of the Company, Parent, and Merger Sub shall promptly correct any information supplied by it or on its behalf for inclusion or incorporation by reference in the Schedule 14D-9 or the Schedule 13E-3 if and to the extent that such information shall have become false or misleading in any material respect, and the Company shall further agrees to take all steps necessary and use all reasonable efforts to promptly amend or supplement the Schedule 14D-9 or the Schedule 13E-3 and to cause the Schedule 14D-9 or the Schedule 13E-3 as so amended or supplemented corrected to be filed with the SEC and to be disseminated to the holders of Company Common StockShares, in each case as soon as and to the extent required by applicable Lawfederal securities Laws. The Company shall promptly notify Parent upon the receipt of any comments from the SEC, or any request from the SEC for amendments or supplements, to the Schedule 14D-9 or the Schedule 13E-3, and shall promptly provide Parent with copies of all written correspondence and summaries of all material oral communications between the Company and its representatives, on the one hand, and the SEC, on the other hand. Prior to the filing of the Schedule 14D-9 or the Schedule 13E-3 and any amendment or supplement thereto (that does not contain or relate to an Adverse Recommendation Change) with the SEC or dissemination thereof to the holders of Company Common Stock, or responding to any comments of the SEC with respect to the Schedule 14D-9 or the Schedule 13E-3, the Company counsel shall provide Parent, Merger Sub and their counsel a be given reasonable opportunity to review and comment on the Schedule 14D-9 or prior to the Schedule 13E-3 or amendment or supplement or response, and the Company shall give reasonable consideration to any such comments. Unless the Offer has been terminated in accordance filing thereof with the terms SEC. The Company agrees to provide Parent and its counsel with prompt notice of this Agreement, in the event any comments (whether written or oral) that the Company receives any comments or its counsel may receive from the SEC or its staff with respect to the Schedule 14D-9 (which notice shall include a copy of any written comments) and the Company shall provide Parent and its counsel a reasonable opportunity to participate in the formulation of any response to any such comments of the SEC or its staff, including the Schedule 13E-3, then it shall use opportunity to participate in any discussions with the SEC or its commercially reasonable efforts to respond promptly to staff concerning such comments.
(c) The Schedule 14D-9 shall also reflect that the Merger is governed by Section 251(h) of the DGCL and contain and constitute the notice to holders of Company Common Stock of the availability of appraisal rights in connection with the Merger required to be delivered to such holders by Section 262(d) of the DGCL. The Company shall set respond promptly to any comments of the record date for the holders of Company Common Stock SEC or its staff with respect to receive such notice of appraisal rights as the same date as the Stockholder List Date and shall disseminate the Schedule 14D-9 including such notice of appraisal rights to such holders 14D-9. Notwithstanding anything to the extent required by Section 262(d) contrary in this Agreement, the obligations of the DGCL provided, that, such record date will parties in this Section 2.2(a) shall not be more than ten (10) calendar days prior to the date that the Schedule 14D-9 is first mailed. The Company hereby consents to the inclusion of apply if the Company Board effects a Company Adverse Change Recommendation in the Offer Documents and, absent an Adverse Recommendation Change, or has formally determined to the inclusion of a copy of the Schedule 14D-9 with the Offer Documents mailed or furnished to the holders of Company Common Stockdo so.
(d) The Company shall, or shall cause its transfer agent to, furnish Parent and Merger Sub and their agents promptly (and in any event within five (5) Business Days) after the date of this Agreement and from time to time thereafter as requested by Parent or Merger Sub with mailing labels containing the names and addresses of the record holders of Company Common Stock as of the latest practicable date and of those persons becoming record holders subsequent to such date, together with copies of all lists of stockholders, security position listings and computer files any non-objecting beneficial ownership lists, and all other information in the Company’s possession or control regarding the beneficial owners of Company Common Stock, in each case as of the latest date practicable, and shall promptly furnish to Parent and Merger Sub such other information and assistance (including periodically updated lists of stockholders, security position listings and computer files) as Parent or Merger Sub may reasonably request in connection with the Offer. The date of the list of stockholders used to determine the Persons to whom the Offer Documents and the Schedule 14D-9 are first disseminated is referred to as the “Stockholder List Date.” Subject to the requirements of applicable Law, and except for such steps as are necessary to disseminate the Offer Documents and any other documents necessary to consummate the Merger Transactions, Parent and Merger Sub and their representatives shall use the information contained in any such labels, listings and files only in connection with the Merger Transactions, shall treat such information and materials in accordance with the terms and conditions of the Confidentiality Agreement, and, if this Agreement is terminated, shall destroy all copies of such information then in their possession or under their control promptly upon the written request of the Company.
Appears in 2 contracts
Samples: Merger Agreement (Adamas Pharmaceuticals Inc), Merger Agreement (Supernus Pharmaceuticals, Inc.)
Company Actions. (a) The Company hereby approves represents and warrants that the Board of Directors of the Company (the “Company Board”), at a meeting duly called and consents to held, has (i) adopted this Agreement and approved the Offer, Offer and the Merger and (ii) resolved (subject to Section 5.4 hereof) to recommend that holders of Shares accept the other Merger Transactions Offer and tender their Shares to Parent pursuant thereto. The Company hereby consents to the inclusion in the Offer Documents of the Company recommendation of the Company’s Board Recommendationof Directors described in the immediately preceding sentence.
(b) On As promptly as practicable on the date of commencement of the Offer Documents are filed with the SECOffer, the Company shall, concurrently with the filing of the Schedule TO, shall file with the SEC a Solicitation/Recommendation Statement on Schedule 14D-9 with respect to the Offer (together with all amendments amendments, supplements and supplements thereto and including exhibits thereto, including, if applicable, a Rule 13E-3 transaction statement on Schedule 13E-3 (together with any amendments thereof or supplements thereto, the “Schedule 13E-3”), the “Schedule 14D-9”) containing, subject to Section 5.3, which shall contain the recommendation of the Board of Directors of the Company Board Recommendation and referred to in Section 1.2(a). The Company shall cause the Schedule 14D-9 and the Schedule 13E-3 to be disseminated to the holders of Company Common Stock the Shares as and to the extent required by United States applicable federal securities Lawslaws. Parent shall provide the Company with such information with respect to Parent, including Acquisition and their respective directors, officers and affiliates as shall be required to be included in the Schedule 14D-9 or any information statement required by Rule 14d-9 and Rule 13E-3 14f-1 promulgated under the Exchange Act. Each of Parent and Merger Sub shall promptly furnish or otherwise make available to the Company or the Company’s legal counsel upon request all information concerning Parent and Merger Sub that is required by the Exchange Act or other applicable Law to be set forth in the Schedule 14D-9 or the Schedule 13E-3 and all other information concerning Parent and Merger Sub that may be reasonably requested by the Company for inclusion in the Schedule 14D-9 or the Schedule 13E-3. Each of the The Company, on the one hand, and Parent, and Merger Sub on the other hand, shall promptly correct any information supplied provided by it for use in the Schedule 14D-9 if and to the extent that it shall be or on shall have become false or misleading in any material respect, and the Company shall cause the Schedule 14D-9 as so corrected to be filed with the SEC and disseminated to holders of the Shares, in each case, as and to the extent required by applicable federal securities laws. Parent and its behalf counsel shall be given a reasonable opportunity to review and comment upon the Schedule 14D-9 before it is filed with the SEC and disseminated to holders of Shares. In addition, the Company agrees to provide Parent and its counsel with any comments, whether written or oral, that the Company or its counsel may receive from time to time from the SEC or its staff with respect to the Schedule 14D-9 promptly after the receipt of such comments and to provide Parent with copies of all such responses, whether written or oral. No filing of, or amendment or supplement to, or written correspondence to the SEC or its staff with respect to, the Schedule 14D-9 will be made by the Company without providing Parent and its counsel a reasonable opportunity to review and comment thereon.
(c) The Company agrees (i) to promptly upon Parent’s request provide all information about the Company required to be disclosed in the Offer Documents, (ii) to promptly deliver to Parent a duly executed consent of the Company’s accountants to allow Parent to include in the S-4 the Company’s financial statements and such accountants’ report thereon, (iii) that all information provided by the Company for inclusion or incorporation by reference in the Schedule 14D-9 Offer Documents will not (at the respective times such materials, or any amendments or supplements thereto, are filed with the Schedule 13E-3 SEC, first published, sent or given to stockholders of the Company, the Offer expires or shares of Parent Common Stock are delivered in connection with the Offer, or at the Effective Time, as the case may be) contain any untrue statement of a material fact or omit to state any material fact required to be stated therein or necessary in order to make the statements therein, in light of the circumstances under which they were made, not misleading and (iv) to promptly correct any information provided by the Company for the Offer Documents if and to the extent that such information shall have become false or misleading in any material respect, and the Company shall take all steps necessary and use all reasonable efforts to promptly amend or supplement the Schedule 14D-9 or the Schedule 13E-3 and to cause the Schedule 14D-9 or the Schedule 13E-3 as so amended or supplemented to be filed with the SEC and disseminated to the holders of Company Common Stock, in each case as soon as and to the extent required by applicable Law. The Company shall promptly notify Parent upon the receipt of any comments from the SEC, or any request from the SEC for amendments or supplements, to the Schedule 14D-9 or the Schedule 13E-3, and shall promptly provide Parent with copies of all written correspondence and summaries of all material oral communications between the Company and its representatives, on the one hand, and the SEC, on the other hand. Prior to the filing of the Schedule 14D-9 or the Schedule 13E-3 and any amendment or supplement thereto (that does not contain or relate to an Adverse Recommendation Change) with the SEC or dissemination thereof to the holders of Company Common Stock, or responding to any comments of the SEC with respect to the Schedule 14D-9 or the Schedule 13E-3, the Company shall provide Parent, Merger Sub and their counsel a reasonable opportunity to review and comment on the Schedule 14D-9 or the Schedule 13E-3 or amendment or supplement or response, and the Company shall give reasonable consideration to any such comments. Unless the Offer has been terminated in accordance with the terms of this Agreement, in the event that the Company receives any comments from the SEC or its staff with respect to the Schedule 14D-9 or the Schedule 13E-3, then it shall use its commercially reasonable efforts to respond promptly to such comments.
(c) The Schedule 14D-9 shall also reflect that the Merger is governed by Section 251(h) of the DGCL and contain and constitute the notice to holders of Company Common Stock of the availability of appraisal rights in connection with the Merger required to be delivered to such holders by Section 262(d) of the DGCL. The Company shall set the record date for the holders of Company Common Stock to receive such notice of appraisal rights as the same date as the Stockholder List Date and shall disseminate the Schedule 14D-9 including such notice of appraisal rights to such holders to the extent required by Section 262(d) of the DGCL provided, that, such record date will not be more than ten (10) calendar days prior to the date that the Schedule 14D-9 is first mailed. The Company hereby consents to the inclusion of the Company Board Recommendation in the Offer Documents and, absent an Adverse Recommendation Change, to the inclusion of a copy of the Schedule 14D-9 with the Offer Documents mailed or furnished to the holders of Company Common Stock.
(d) The Company shall, or shall cause its transfer agent toat the request of Parent, promptly furnish Parent and Merger Sub and their agents promptly (and in any event within five (5) Business Days) after the date of this Agreement and from time to time thereafter as requested by Parent or Merger Sub with mailing labels containing the names and addresses of the all record holders of Company Common Stock Shares and with security position listings of Shares held in stock depositories, each as of the latest practicable date and of those persons becoming record holders subsequent to such a recent date, together with copies of all lists of stockholders, security position other available listings and computer files any non-objecting beneficial ownership listscontaining names, addresses and all other information in the Company’s possession or control regarding the security position listings of record holders and beneficial owners of Shares. The Company Common Stockshall furnish Parent with such additional information, in each case as of the latest date practicable, including updated listings and shall promptly furnish to Parent and Merger Sub such other information and assistance (including periodically updated lists computer files of stockholders, mailing labels and security position listings listings, and computer files) such other assistance as Parent or Merger Sub its agents may reasonably request require in connection with the Offer. The date of the list of stockholders used to determine the Persons to whom communicating the Offer Documents and the Schedule 14D-9 are first disseminated is referred to as the “Stockholder List Date.” Subject to the requirements record and beneficial holders of applicable Law, and except for such steps as are necessary to disseminate the Offer Documents and any other documents necessary to consummate the Merger Transactions, Parent and Merger Sub and their representatives shall use the information contained in any such labels, listings and files only in connection with the Merger Transactions, shall treat such information and materials in accordance with the terms and conditions of the Confidentiality Agreement, and, if this Agreement is terminated, shall destroy all copies of such information then in their possession or under their control promptly upon the written request of the CompanyShares.
Appears in 2 contracts
Samples: Merger Agreement (K2 Inc), Merger Agreement (K2 Inc)
Company Actions. (a) Schedule 14D-9. The Company hereby approves of and consents to the Offer, the Merger and the other Merger Transactions and consents to the inclusion in the Offer Documents of the Company Board Recommendation.
shall (bi) On the date the Offer Documents are filed file with the SEC, on or promptly after the Company shall, concurrently with the date of filing by Purchaser of the Schedule TO, file with the SEC a Solicitation/Recommendation Statement on Schedule 14D-9 with respect to the Offer (together with all amendments and supplements thereto thereto, and including all exhibits thereto, including, if applicable, a Rule 13E-3 transaction statement on Schedule 13E-3 (together with any amendments thereof or supplements thereto, the “Schedule 13E-3”), the “Schedule 14D-9”) containingwhich shall, subject to Section 5.36.2 hereof, describe and make the Company Board Recommendation with respect to the Offer and shall (ii) cause the Schedule 14D-9 and the Schedule 13E-3 to be disseminated to the holders of Company Common Stock Shareholders as and to the extent required by United States federal securities Laws, including Rule 14d-9 and Rule 13E-3 under the Exchange Act. Each of Parent and Merger Sub shall promptly furnish or otherwise make available to the Company or the Company’s legal counsel upon request all information concerning Parent and Merger Sub that is required by the Exchange Act or other applicable Law to be set forth in within ten (10) Business Days after the commencement of the Offer (within the meaning of Rule 14d-2 under the Exchange Act). To the extent requested by the Company, Parent shall cause the Schedule 14D-9 to be mailed or otherwise disseminated to the Schedule 13E-3 holders of Company Shares together with the Offer Documents disseminated to the holders of Company Shares. Parent and Purchaser shall promptly furnish to the Company in writing all other information concerning Parent and Merger Sub or Purchaser that may be required by applicable securities Laws or reasonably requested by the Company for inclusion in the Schedule 14D-9 or 14D-9. The Company shall use reasonable efforts to cause the Schedule 13E-314D-9 to comply in all material respects with the Exchange Act and all other applicable Law. Each of the Company, Parent, Parent and Merger Sub Purchaser shall use reasonable efforts to promptly correct any information supplied provided by it or on its behalf for inclusion or incorporation by reference use in the Schedule 14D-9 or the Schedule 13E-3 if and to the extent that such information shall have become false or misleading in any material respect, and the . The Company shall take all steps necessary and use all reasonable efforts to promptly amend or supplement the Schedule 14D-9 or the Schedule 13E-3 and to cause the Schedule 14D-9 or the Schedule 13E-3 14D-9, as so amended or supplemented corrected, to be filed with the SEC and disseminated to the holders of Company Common StockShareholders, in each case as soon as and to the extent required by applicable United States federal securities Laws and all other applicable Law. The Company shall promptly notify Parent upon the receipt of any comments from the SEC, or any request from the SEC for amendments or supplements, Prior to filing the Schedule 14D-9 or the Schedule 13E-3, and shall promptly provide Parent with copies of all written correspondence and summaries of all material oral communications between the Company and its representatives, on the one hand, and the SEC, on the other hand. Prior to the filing of the Schedule 14D-9 or the Schedule 13E-3 and any amendment or supplement thereto (that does not contain or relate to an Adverse Recommendation Change) with the SEC or dissemination thereof to the holders of Company Common StockShareholders, or responding to any comments of the SEC or its staff with respect to the Schedule 14D-9 or the Schedule 13E-314D-9, the Company shall provide Parent, Merger Sub Parent and their its counsel a reasonable opportunity to review and comment on the Schedule 14D-9 or the Schedule 13E-3 or amendment or supplement or response, response and the Company shall give reasonable consideration to any such commentscomments reasonably proposed by Parent in a timely manner. Unless the Offer has been terminated in accordance The Company shall promptly provide Parent and its counsel with the terms a copy or a description of this Agreement, in the event that any comments received by the Company receives any comments or its counsel from the SEC or its staff with respect to the Schedule 14D-9 or 14D-9, and the Schedule 13E-3, then it Company shall use its commercially reasonable efforts to respond promptly to any such comments.
(c) The Schedule 14D-9 shall also reflect that the Merger is governed by Section 251(h) of the DGCL and contain and constitute the notice to holders of Company Common Stock of the availability of appraisal rights in connection with the Merger required to be delivered to such holders by Section 262(d) of the DGCL. The Company shall set the record date for the holders of Company Common Stock to receive such notice of appraisal rights as the same date as the Stockholder List Date and shall disseminate the Schedule 14D-9 including such notice of appraisal rights to such holders to the extent required by Section 262(d) of the DGCL provided, that, such record date will not be more than ten (10) calendar days prior to the date that the Schedule 14D-9 is first mailed. The Company hereby consents to the inclusion of the Company Board Recommendation in the Offer Documents and, absent an Adverse Recommendation Change, to the inclusion of a copy of the Schedule 14D-9 with the Offer Documents mailed or furnished to the holders of Company Common Stock.
(d) The Company shall, or shall cause its transfer agent to, furnish Parent and Merger Sub and their agents promptly (and in any event within five (5) Business Days) after the date of this Agreement and from time to time thereafter as requested by Parent or Merger Sub with mailing labels containing the names and addresses of the record holders of Company Common Stock as of the latest practicable date and of those persons becoming record holders subsequent to such date, together with copies of all lists of stockholders, security position listings and computer files any non-objecting beneficial ownership lists, and all other information in the Company’s possession or control regarding the beneficial owners of Company Common Stock, in each case as of the latest date practicable, and shall promptly furnish to Parent and Merger Sub such other information and assistance (including periodically updated lists of stockholders, security position listings and computer files) as Parent or Merger Sub may reasonably request in connection with the Offer. The date of the list of stockholders used to determine the Persons to whom the Offer Documents and the Schedule 14D-9 are first disseminated is referred to as the “Stockholder List Date.” Subject to the requirements of applicable Law, and except for such steps as are necessary to disseminate the Offer Documents and any other documents necessary to consummate the Merger Transactions, Parent and Merger Sub and their representatives shall use the information contained in any such labels, listings and files only in connection with the Merger Transactions, shall treat such information and materials in accordance with the terms and conditions of the Confidentiality Agreement, and, if this Agreement is terminated, shall destroy all copies of such information then in their possession or under their control promptly upon the written request of the Company.
Appears in 2 contracts
Samples: Tender Offer Agreement, Tender Offer Agreement (Jazz Pharmaceuticals PLC)
Company Actions. (a) The Company hereby approves of and consents to the Offer, the Merger and the other Merger Transactions and consents to the inclusion in the Offer Documents of the Company Board Recommendation.
(b) Schedule 14D-9. On the date the Offer Documents are filed with the SEC, or as promptly thereafter as practicable (but in no event later than the first (1st) Business Day following the date on which the Offer Documents are filed), the Company shall, concurrently with the filing of the Schedule TO, shall file with the SEC a Solicitation/Recommendation Statement on Schedule 14D-9 with respect to the Offer Offer, (together with all amendments and supplements thereto and including exhibits theretosuch Schedule 14D-9, includingas amended from time to time, if applicable, a Rule 13E-3 transaction statement on Schedule 13E-3 (together with any exhibits, amendments thereof or supplements thereto, the “Schedule 13E-314D-9”), including a description of the “Schedule 14D-9”) containing, subject to Section 5.3, Special Committee Recommendation and the Company Board Recommendation (subject to Section 6.02) and shall cause disseminate the Schedule 14D-9 and the Schedule 13E-3 to be disseminated to the holders of Company Common Stock as and to the extent required by United States federal securities Laws, including Rule 14d-9 and Rule 13E-3 under the Exchange Act. Each of Parent and Merger Sub shall promptly furnish or otherwise make available to the Company or the Company’s legal counsel upon request all information concerning Parent and Merger Sub that is required by the Exchange Act or other applicable Law to be set forth in the Schedule 14D-9 or the Schedule 13E-3 and all other information concerning Parent and Merger Sub that may be reasonably requested by the Company for inclusion in the Schedule 14D-9 or the Schedule 13E-3. Each of the Company, Parent, and Merger Sub shall promptly correct any information supplied by it or on its behalf for inclusion or incorporation by reference in the Schedule 14D-9 or the Schedule 13E-3 if and to the extent that such information shall have become false or misleading in any material respect, and the Company shall take all steps necessary and use all reasonable efforts to promptly amend or supplement the Schedule 14D-9 or the Schedule 13E-3 and to cause the Schedule 14D-9 or the Schedule 13E-3 as so amended or supplemented to be filed with the SEC and disseminated to the holders of Company Common Stock, in each case as soon as and to the extent required by applicable U.S. federal securities Law. The Company shall promptly notify Parent upon the receipt of any comments from the SEC, or any request from the SEC for amendments or supplements, to the Schedule 14D-9 or the Schedule 13E-3, and shall promptly provide Parent with copies of all written correspondence and summaries of all material oral communications between the Company and its representatives, on the one hand, and the SEC, on the other hand. Prior to the filing of the Schedule 14D-9 or the Schedule 13E-3 and any amendment or supplement thereto (that does not contain or relate to an Adverse Recommendation Change) with the SEC or dissemination thereof to the holders of Company Common Stock, or responding to any comments of the SEC with respect to the Schedule 14D-9 or the Schedule 13E-3, the Company shall provide Parent, Merger Sub and their counsel a reasonable opportunity to review and comment on the Schedule 14D-9 or the Schedule 13E-3 or amendment or supplement or response, and the Company shall give reasonable consideration to any such comments. Unless the Offer has been terminated in accordance with the terms of this Agreement, in the event that the Company receives any comments from the SEC or its staff with respect to the Schedule 14D-9 or the Schedule 13E-3, then it shall use its commercially reasonable efforts to respond promptly to such comments.
(c) The Schedule 14D-9 shall also reflect that the Merger is governed by Section 251(h) of the DGCL and contain and constitute the notice to holders of Company Common Stock of the availability of appraisal rights in connection with the Merger required to be delivered to such holders by the Company under Section 262(d262(d)(2) of the DGCLDGCL at the time the Company first files the Schedule 14D-9 with the SEC and the fairness opinion delivered by Leerink Partners LLC. The Company shall set the record date for the holders of Company Common Stock to receive such notice of appraisal rights as the same date as the Stockholder List Date and shall disseminate the Schedule 14D-9 including such notice of appraisal rights to such holders to the extent required by Section section 262(d) of the DGCL provided, that, such record date will not be more than ten (10) calendar days prior DGCL. Parent and Merger Sub shall furnish to the date that Company all information concerning Parent and Merger Sub required by applicable Law to be set forth in the Schedule 14D-9. Each of the Company, Parent and Merger Sub shall promptly correct any information provided by it for use in the Schedule 14D-9 is first mailed. The Company hereby consents if and to the inclusion of extent that such information shall have become false or misleading in any material respect, and to correct any material omissions therefrom, and the Company Board Recommendation in the Offer Documents and, absent an Adverse Recommendation Change, shall take all steps necessary to the inclusion of a copy of amend or supplement the Schedule 14D-9 and to cause the Schedule 14D-9, as so amended or supplemented, to be filed with the Offer Documents mailed or furnished SEC and disseminated to the holders of Company Common Stock.
(d) The Company shall, or shall cause its transfer agent to, furnish Parent and Merger Sub and their agents promptly (and in any event within five (5) Business Days) after the date of this Agreement and from time to time thereafter as requested by Parent or Merger Sub with mailing labels containing the names and addresses of the record holders of Company Common Stock as of the latest practicable date and of those persons becoming record holders subsequent to such date, together with copies of all lists of stockholders, security position listings and computer files any non-objecting beneficial ownership lists, and all other information in the Company’s possession or control regarding the beneficial owners of Company Common Stock, in each case case, as and to the extent required by applicable Law. Except from and after an Adverse Recommendation Change or in connection with any disclosures made in compliance with Section 6.02, Company shall provide Parent and its counsel with copies of the latest date practicableany written comments, and shall inform Pxxxxx and its counsel of any oral comments, that the Company or its counsel may receive from the SEC or its staff with respect to the Schedule 14D-9 promptly furnish after the receipt of such comments. Except from and after an Adverse Recommendation Change or in connection with any disclosures made in compliance with Section 6.02, prior to the filing of the Schedule 14D-9 (including any amendment or supplement thereto) with the SEC or the dissemination thereof to the holders of the Company Common Stock, or responding to any comments of the SEC or its staff with respect to the Schedule 14D-9, the Company shall (x) provide Parent and its counsel a reasonable opportunity to review and comment on such Schedule 14D-9 or response (it being understood that Parent and its counsel shall provide any comments thereon as soon as reasonably practicable) and (y) give reasonable and good faith consideration to any comments made by Parent or its counsel. The Company shall respond promptly to any comments of the SEC or its staff with respect to the Schedule 14D-9. The Company hereby approves of and consents to the Offer, the Merger Sub such and the Transactions and the inclusion in the Offer Documents of a description of the Special Committee Recommendation and the Company Board Recommendation (except to the extent that the Special Committee or the Company Board shall have withdrawn or modified the Special Committee Recommendation or the Company Board Recommendation, respectively, in accordance with Section 6.02(b)). In addition, the Company shall cause the Schedule 14D-9 (i) to comply in all material respects with the Exchange Act and other applicable laws and (ii) to not contain any untrue statement of a material fact or omit to state any material fact required to be stated therein or necessary in order to make the statements therein, in light of the circumstances under which they were made, not misleading; provided, however, that no covenant is made by the Company with respect to information and assistance (including periodically updated lists supplied by or on behalf of stockholders, security position listings and computer files) as Parent or Merger Sub may reasonably request for inclusion or incorporation by reference in connection with the Offer. The date of the list of stockholders used to determine the Persons to whom the Offer Documents and the Schedule 14D-9 are first disseminated is referred to as the “Stockholder List Date14D-9.” Subject to the requirements of applicable Law, and except for such steps as are necessary to disseminate the Offer Documents and any other documents necessary to consummate the Merger Transactions, Parent and Merger Sub and their representatives shall use the information contained in any such labels, listings and files only in connection with the Merger Transactions, shall treat such information and materials in accordance with the terms and conditions of the Confidentiality Agreement, and, if this Agreement is terminated, shall destroy all copies of such information then in their possession or under their control promptly upon the written request of the Company.
Appears in 2 contracts
Samples: Merger Agreement (Kinnate Biopharma Inc.), Merger Agreement (Theseus Pharmaceuticals, Inc.)
Company Actions. (a) The Company hereby approves of and consents to the Offer, the Merger and the other Merger Transactions and consents to the inclusion in the Offer Documents of the Company Board Recommendation.
(b) On the date the Offer Documents are filed with the SEC, the Company shall, concurrently with the filing of the Schedule TO, shall file with the SEC a Solicitation/Recommendation Statement on Schedule 14D-9 with respect to the Offer (together with all amendments and supplements thereto and including the exhibits thereto, including, if applicable, a Rule 13E-3 transaction statement on Schedule 13E-3 (together with any amendments thereof or supplements thereto, the “Schedule 13E-3”), the “"Schedule 14D-9”") containing, subject to containing the recommendation described in Section 5.3, 3.21 hereof. At the Company Board Recommendation and shall cause time the Schedule 14D-9 and the Schedule 13E-3 to be disseminated Offer Documents are first mailed to the holders of Company Common Stock as and to the extent required by United States federal securities Laws, including Rule 14d-9 and Rule 13E-3 under the Exchange Act. Each of Parent and Merger Sub shall promptly furnish or otherwise make available to the Company or the Company’s legal counsel upon request all information concerning Parent and Merger Sub that is required by the Exchange Act or other applicable Law to be set forth in the Schedule 14D-9 or the Schedule 13E-3 and all other information concerning Parent and Merger Sub that may be reasonably requested by the Company for inclusion in the Schedule 14D-9 or the Schedule 13E-3. Each stockholders of the Company, Parent, and Merger Sub shall promptly correct any information supplied by it or on its behalf for inclusion or incorporation by reference in the Schedule 14D-9 or the Schedule 13E-3 if and to the extent that such information shall have become false or misleading in any material respect, and the Company shall mail or cause to be mailed to the stockholders of the Company such Schedule 14D-9 together with such Offer Documents. The Company further agrees to take all steps necessary and use all reasonable efforts to promptly amend or supplement the Schedule 14D-9 or the Schedule 13E-3 and to cause the Schedule 14D-9 or the Schedule 13E-3 as so amended or supplemented to be filed with the SEC and disseminated to the holders of Company Common StockShares, in each case as soon as and to the extent required by applicable Lawfederal securities laws. The Company shall promptly notify Parent upon Each of the receipt of any comments from the SEC, or any request from the SEC for amendments or supplements, to the Schedule 14D-9 or the Schedule 13E-3, and shall promptly provide Parent with copies of all written correspondence and summaries of all material oral communications between the Company and its representativesCompany, on the one hand, and the SECParent and Sub, on the other hand. Prior , agrees promptly to the filing of correct any information provided by it for use in the Schedule 14D-9 or if and to the extent that it shall have become false and misleading in any material respect and the Company further agrees to take all steps necessary to cause the Schedule 13E-3 and any amendment or supplement thereto (that does not contain or relate 14D-9 as so corrected to an Adverse Recommendation Change) be filed with the SEC or dissemination thereof and to be disseminated to holders of the Shares, in each case as and to the holders of Company Common Stock, or responding to any comments of the SEC with respect to the Schedule 14D-9 or the Schedule 13E-3, the Company extent required by applicable federal securities laws. Parent and its counsel shall provide Parent, Merger Sub and their counsel be given a reasonable opportunity to review and comment on the Schedule 14D-9 or before it is filed with the Schedule 13E-3 or amendment or supplement or responseSEC. In addition, and the Company shall give reasonable consideration agrees to provide Parent, Sub and their counsel in writing with any such comments. Unless the Offer has been terminated in accordance with the terms of this Agreement, in the event whether written or oral, that the Company receives any comments or its counsel may receive from time to time from the SEC or its staff with respect to the Schedule 14D-9 promptly after the receipt of such comments or the Schedule 13E-3, then it shall use its commercially reasonable efforts to respond promptly to such commentsother communications.
(cb) The Schedule 14D-9 shall also reflect that the Merger is governed by Section 251(h) of the DGCL and contain and constitute the notice to holders of Company Common Stock of the availability of appraisal rights in In connection with the Merger required Offer and the Merger, if requested by Sub, the Company shall promptly furnish or cause to be delivered to such holders by Section 262(d) of the DGCL. The Company shall set the record date for the holders of Company Common Stock to receive such notice of appraisal rights as the same date as the Stockholder List Date and shall disseminate the Schedule 14D-9 including such notice of appraisal rights to such holders to the extent required by Section 262(d) of the DGCL provided, that, such record date will not be more than ten (10) calendar days prior to the date that the Schedule 14D-9 is first mailed. The Company hereby consents to the inclusion of the Company Board Recommendation in the Offer Documents and, absent an Adverse Recommendation Change, to the inclusion of a copy of the Schedule 14D-9 with the Offer Documents mailed or furnished to the holders of Company Common Stock.
(d) The Company shallSub mailing labels, security position listings and any available listing or shall cause its transfer agent to, furnish Parent and Merger Sub and their agents promptly (and in any event within five (5) Business Days) after the date of this Agreement and from time to time thereafter as requested by Parent or Merger Sub with mailing labels computer file containing the names and addresses of the record holders of Company Common Stock the Shares as of the latest practicable date and of those persons becoming record holders subsequent to such a recent date, together with copies of all lists of stockholders, security position listings and computer files any non-objecting beneficial ownership lists, and all other information in the Company’s possession or control regarding the beneficial owners of Company Common Stock, in each case as of the latest date practicable, and shall promptly furnish to Parent and Merger Sub with such other information and assistance (including periodically updated lists of stockholders, security position listings and computer files) as Parent Sub or Merger Sub its agents may reasonably request in connection with communicating the Offer. The date Offer to the stockholders of the list of stockholders used to determine the Persons to whom the Offer Documents and the Schedule 14D-9 are first disseminated is referred to as the “Stockholder List Date.” Subject to the requirements of applicable Law, and except Company. Except for such steps as are necessary to disseminate the Offer Documents and any other documents necessary to consummate the Merger TransactionsDocuments, Parent and Merger Sub and their representatives shall use hold in confidence the information contained in any of such labelslabels and lists and the additional information referred to in the preceding sentence, listings and files will use such information only in connection with the Merger Transactions, shall treat such information Offer and materials in accordance with the terms and conditions of the Confidentiality AgreementMerger, and, if this Agreement is terminatedterm-mated, shall destroy will upon request of the Company deliver or cause to be delivered to the Company all copies of such information then in their its possession or under their control promptly upon the written request possession of the Companyits agents or representatives.
Appears in 2 contracts
Samples: Merger Agreement (Plato Holdings Inc), Merger Agreement (Plato Holdings Inc)
Company Actions. (a) The Company hereby approves of and consents to the Offer, the Merger and the other Merger Transactions and consents to the inclusion in the Offer Documents of the Company Board Recommendation.
(b) On the date of the Offer Documents are filed filing of the Schedule TO with the SEC, the Company shall, concurrently in a manner that complies with Rule 14d-9 under the filing of the Schedule TOExchange Act, file with the SEC a Tender Offer Solicitation/Recommendation Statement on Schedule 14D-9 with respect to the Offer (together with all amendments amendments, supplements and supplements thereto and including exhibits thereto, including, if applicable, a Rule 13E-3 transaction statement on Schedule 13E-3 (together with any amendments thereof or supplements thereto, the “Schedule 13E-3”), the “Schedule 14D-9”) containingthat shall, subject to the provisions of Section 5.35.4(d), contain the Company Board Recommendation Recommendation. The Company shall also include in the Schedule 14D-9, and shall represents that it has obtained all necessary consents of the Company Financial Advisor to permit the Company to include in the Schedule 14D-9, in its entirety, the Fairness Opinion, together with a summary thereof in accordance with Item 1015(b) of Regulation M-A under the Exchange Act (regardless of whether such item is applicable). The Company hereby consents to the inclusion in the Offer Documents, subject to the provisions of Section 5.4(d), of the Company Board Recommendation. The Company further agrees to cause the Schedule 14D-9 and the Schedule 13E-3 to be disseminated to the holders of Company Common Stock Shares, as and to the extent required by United States federal securities Laws, including Rule 14d-9 and Rule 13E-3 under the Exchange Act. Each of Parent and Merger Sub shall promptly furnish or otherwise make available to To the extent requested by the Purchaser, the Company or the Company’s legal counsel upon request all information concerning Parent and Merger Sub that is required by the Exchange Act or other applicable Law to be set forth in shall cause the Schedule 14D-9 to be mailed or otherwise disseminated to the Schedule 13E-3 and all other information concerning Parent and Merger Sub that may be reasonably requested by holders of Shares together with the Company for inclusion in Offer Documents disseminated to the Schedule 14D-9 or the Schedule 13E-3holders of Shares. Each of the The Company, Parenton the one hand, and Merger Sub shall the Purchaser, on the other hand, agree to promptly correct any information supplied provided by it or on its behalf for inclusion or incorporation by reference use in the Schedule 14D-9 or the Schedule 13E-3 14D-9, if and to the extent that such information it shall have become false or misleading in any material respectrespect or as otherwise required by applicable Law, and the Company shall take all steps necessary and use all reasonable efforts to promptly amend or supplement the Schedule 14D-9 or the Schedule 13E-3 and agrees to cause the Schedule 14D-9 or the Schedule 13E-3 14D-9, as so amended or supplemented corrected, to be filed with the SEC and disseminated to the holders of Company Common StockShares, in each case as soon as and to the extent required by applicable Lawthe Exchange Act. The Company shall promptly notify Parent upon the receipt of any comments from the SEC, or any request from the SEC for amendments or supplements, to the Schedule 14D-9 or the Schedule 13E-3, and shall promptly provide Parent with copies of all written correspondence and summaries of all material oral communications between the Company Purchaser and its representatives, on the one hand, and the SEC, on the other hand. Prior to the filing of the Schedule 14D-9 or the Schedule 13E-3 and any amendment or supplement thereto (that does not contain or relate to an Adverse Recommendation Change) with the SEC or dissemination thereof to the holders of Company Common Stock, or responding to any comments of the SEC with respect to the Schedule 14D-9 or the Schedule 13E-3, the Company counsel shall provide Parent, Merger Sub and their counsel be given a reasonable opportunity to review and comment on the Schedule 14D-9 or before it is filed with the Schedule 13E-3 or amendment or supplement or responseSEC, and the Company shall give reasonable due consideration to the reasonable additions, deletions or changes suggested thereto by the Purchaser and its counsel. In addition, the Company shall provide the Purchaser and its counsel with copies of any such written comments. Unless the Offer has been terminated in accordance with the terms , and shall inform them of this Agreementany oral comments, in the event that the Company receives any comments or its counsel may receive from time to time from the SEC or its staff with respect to the Schedule 14D-9 or the Schedule 13E-3, then it shall use its commercially reasonable efforts to respond promptly to after receipt of such comments, and any written or oral responses thereto. The Purchaser and its counsel shall be given a reasonable opportunity to review any such written responses and the Company shall give due consideration to the reasonable additions, deletions or changes suggested thereto by the Purchaser and its counsel.
(cb) The Schedule 14D-9 shall also reflect that the Merger is governed by Section 251(h) of the DGCL and contain and constitute the notice to holders of Company Common Stock of the availability of appraisal rights in connection with the Merger required to be delivered to such holders by Section 262(d) of the DGCL. The Company shall set the record date for the holders of Company Common Stock to receive such notice of appraisal rights as the same date as the Stockholder List Date and shall disseminate the Schedule 14D-9 including such notice of appraisal rights to such holders to the extent required by Section 262(d) of the DGCL provided, that, such record date will not be more than ten (10) calendar days prior to the date that the Schedule 14D-9 is first mailed. The Company hereby consents to the inclusion of the Company Board Recommendation in the Offer Documents and, absent an Adverse Recommendation Change, to the inclusion of a copy of the Schedule 14D-9 with the Offer Documents mailed or furnished to the holders of Company Common Stock.
(d) The Company shall, or shall cause its transfer agent to, furnish Parent and Merger Sub and their agents promptly (and in any event within five (5) Business Days) Promptly after the date of this Agreement hereof and otherwise from time to time thereafter as requested by Parent the Purchaser or Merger Sub with its agents, the Company shall furnish or cause to be furnished to the Purchaser mailing labels labels, security position listings, non-objecting beneficial owner lists and any other listings or computer files containing the names and addresses of the record or beneficial holders of Company Common Stock the Shares as of the latest most recent practicable date and of those persons becoming record holders subsequent to such date, together and shall promptly furnish the Purchaser with copies of all such information (including updated lists of stockholdersholders of the Shares and their addresses, mailing labels, security position listings and computer files any non-objecting beneficial ownership owner lists, ) and all other information in the Company’s possession or control regarding the beneficial owners of Company Common Stock, in each case as of the latest date practicable, and shall promptly furnish to Parent and Merger Sub such other information and assistance (including periodically updated lists of stockholders, security position listings and computer files) as Parent the Purchaser or Merger Sub its agents may reasonably request in communicating with the record and beneficial holders of Shares. In addition, in connection with the Offer. The date of , the list of stockholders used to determine the Persons to whom the Offer Documents and the Schedule 14D-9 are first disseminated is referred to as the “Stockholder List Date.” Subject to the requirements of applicable LawCompany shall, and except for such steps as are necessary shall use its commercially reasonable efforts to cause any Third Parties to, cooperate with the Purchaser to disseminate the Offer Documents to holders of Shares held in or subject to any Company Stock Option Plan or other Benefit Plan, and any other documents necessary to consummate permit such holders of Shares to tender Shares in the Merger Transactions, Parent and Merger Sub and their representatives shall use the information contained in any such labels, listings and files only in connection with the Merger Transactions, shall treat such information and materials in accordance with the terms and conditions of the Confidentiality Agreement, and, if this Agreement is terminated, shall destroy all copies of such information then in their possession or under their control promptly upon the written request of the CompanyOffer.
Appears in 2 contracts
Samples: Merger Agreement (Interclick, Inc.), Merger Agreement (Yahoo Inc)
Company Actions. (a) The Company hereby approves of and consents Schedule 14D-9. Subject to the OfferSection 6.1(b), the Merger and the other Merger Transactions and consents to the inclusion in as promptly as practicable on the Offer Documents of the Company Board Recommendation.
(b) On the date the Offer Documents are filed with the SECCommencement Date, the Company shall, concurrently with following the filing of the Schedule TOOffer Documents, the Company shall (i) file with the SEC a Tender Offer Solicitation/Recommendation Statement on Schedule 14D-9 with respect to the Offer (together with all amendments and supplements thereto and including exhibits thereto, including, if applicable, a Rule 13E-3 transaction statement on Schedule 13E-3 (together with any exhibits, amendments thereof or supplements thereto, the “Schedule 13E-3”), the “Schedule 14D-9”) containing, subject to Section 5.3, that shall reflect the Company Board Recommendation and shall include the fairness opinion of the Company’s financial advisor referenced in Section 3.23 and the notice and other information required by Section 262(d)(2) of the DGCL and (ii) cause the Schedule 14D-9 and the Schedule 13E-3 related documents to be disseminated to the holders of Company Common Stock Shares as and to the extent required by United States federal securities Lawsapplicable Legal Requirements, including Rule 14d-9 and Rule 13E-3 under by setting the Exchange Act. Each Stockholder List Date as the record date for purposes of Parent and Merger Sub shall promptly furnish or otherwise make available to receiving the Company or the Company’s legal counsel upon request all information concerning Parent and Merger Sub that is notice required by Section 262(d)(2) of the DGCL. The Company agrees that it shall cause the Schedule 14D-9 to (x) comply in all material respects with the Exchange Act or and other applicable Law Legal Requirements and (y) not contain any untrue statement of a material fact or omit to state any material fact required to be set forth stated therein or necessary in order to make the Schedule 14D-9 or statements therein, in light of the Schedule 13E-3 and all other information concerning Parent and Merger Sub circumstances under which they were made, not misleading; provided, however, that may be reasonably requested no covenant is made by the Company for inclusion in the Schedule 14D-9 or the Schedule 13E-3. Each of the Company, Parent, and Merger Sub shall promptly correct any with respect to information supplied by it or on its behalf of Parent or Purchaser for inclusion or incorporation by reference in the Schedule 14D-9 14D-9. Each of Parent, Purchaser and the Company agrees to respond promptly to any comments (including oral comments) of the SEC or its staff and to promptly correct any information provided by it for use in the Schedule 13E-3 14D-9 if and to the extent that such information shall have become false or misleading in any material respect, and the Company shall further agrees to take all steps necessary and use all reasonable efforts to promptly amend or supplement the Schedule 14D-9 or the Schedule 13E-3 and to cause the Schedule 14D-9 or the Schedule 13E-3 as so amended or supplemented corrected to be filed with the SEC and to be disseminated to the holders of Company Common StockShares, in each case as soon as and to the extent required by applicable LawLegal Requirements. The Company Parent and Purchaser shall promptly notify Parent upon the receipt of any comments from the SEC, furnish or any request from the SEC for amendments or supplements, otherwise make available to the Schedule 14D-9 Company or the Schedule 13E-3, and shall promptly provide Company’s legal counsel all information concerning Parent or Purchaser that may be required or reasonably requested in connection with copies of all written correspondence and summaries of all material oral communications between the Company any action contemplated by this Section 1.2(a). Parent and its representatives, on the one hand, and the SEC, on the other hand. Prior to the filing of the Schedule 14D-9 or the Schedule 13E-3 and any amendment or supplement thereto (that does not contain or relate to an Adverse Recommendation Change) with the SEC or dissemination thereof to the holders of Company Common Stock, or responding to any comments of the SEC with respect to the Schedule 14D-9 or the Schedule 13E-3, the Company counsel shall provide Parent, Merger Sub and their counsel a be given reasonable opportunity to review and comment on the Schedule 14D-9 (including any response to any comments (including oral comments) of the SEC or its staff with respect thereto) prior to the Schedule 13E-3 or amendment or supplement or responsefiling thereof with the SEC, and the Company shall give reasonable consideration to any such comments made by Parent or its counsel. The Company agrees to provide Parent and its counsel with any comments (including oral comments. Unless the Offer has been terminated in accordance with the terms of this Agreement, in the event that ) the Company receives any comments or its counsel may receive from the SEC or its staff with respect to the Schedule 14D-9 or the Schedule 13E-3, then it shall use its commercially reasonable efforts to respond promptly to such comments.
(c) The Schedule 14D-9 shall also reflect that the Merger is governed by Section 251(h) of the DGCL and contain and constitute the notice to holders of Company Common Stock of the availability of appraisal rights in connection with the Merger required to be delivered to such holders by Section 262(d) of the DGCL. The Company shall set the record date for the holders of Company Common Stock to receive such notice of appraisal rights as the same date as the Stockholder List Date and shall disseminate the Schedule 14D-9 including such notice of appraisal rights to such holders to the extent required by Section 262(d) of the DGCL provided, that, such record date will not be more than ten (10) calendar days prior to the date that the Schedule 14D-9 is first mailed. The Company hereby consents to the inclusion of the Company Board Recommendation in the Offer Documents and, absent an Adverse Recommendation Change, to the inclusion of a copy of the Schedule 14D-9 with the Offer Documents mailed or furnished to the holders of Company Common Stock.
(d) The Company shall, or shall cause its transfer agent to, furnish Parent and Merger Sub and their agents promptly (and in any event within five (5) Business Days) after the date of this Agreement and from time to time thereafter as requested by Parent or Merger Sub with mailing labels containing the names and addresses of the record holders of Company Common Stock as of the latest practicable date and receipt of those persons becoming record holders subsequent to such date, together with copies of all lists of stockholders, security position listings and computer files any non-objecting beneficial ownership lists, and all other information in the Company’s possession or control regarding the beneficial owners of Company Common Stock, in each case as of the latest date practicable, and shall promptly furnish to Parent and Merger Sub such other information and assistance comments (including periodically updated lists of stockholders, security position listings and computer files) as Parent or Merger Sub may reasonably request in connection with the Offer. The date of the list of stockholders used to determine the Persons to whom the Offer Documents and the Schedule 14D-9 are first disseminated is referred to as the “Stockholder List Dateoral comments).” Subject to the requirements of applicable Law, and except for such steps as are necessary to disseminate the Offer Documents and any other documents necessary to consummate the Merger Transactions, Parent and Merger Sub and their representatives shall use the information contained in any such labels, listings and files only in connection with the Merger Transactions, shall treat such information and materials in accordance with the terms and conditions of the Confidentiality Agreement, and, if this Agreement is terminated, shall destroy all copies of such information then in their possession or under their control promptly upon the written request of the Company.
Appears in 2 contracts
Samples: Merger Agreement (Gilead Sciences Inc), Merger Agreement (Forty Seven, Inc.)
Company Actions. (a) The Company hereby approves of and consents to the Offer, the Merger and the other Merger Transactions and consents to the inclusion in the Offer Documents of the Company Board Recommendation.
(b) On the date the Offer Documents are filed with the SEC, the Company shall, concurrently with As promptly as practicable after the filing of the amendment to the Schedule TOTO (and on the same date, if practicable), the Company shall file with the SEC a an amendment to the Solicitation/Recommendation Statement on Schedule 14D-9 with respect to filed by the Offer Company on June 14, 2004 (together with all amendments such Schedule 14D-9, and supplements thereto and including exhibits theretothe documents included therein, including, if applicable, a Rule 13E-3 transaction statement on Schedule 13E-3 (together with any supplements or amendments thereof or supplements thereto, the “Schedule 13E-3”), the “Schedule 14D-9”) containing, subject to Section 5.36.14, the Company Board Recommendation Recommendation, and shall cause mail the Schedule 14D-9 and the Schedule 13E-3 to be disseminated to the holders of Company Common Stock as and to the extent required by United States federal securities Laws, including Rule 14d-9 and Rule 13E-3 under the Exchange Act. Each of Parent and Merger Sub shall promptly furnish or otherwise make available to the Company or Shareholders as promptly as practicable thereafter. The Company agrees that the Company’s legal counsel upon request Schedule 14D-9 shall comply in all information concerning Parent and Merger Sub that is required by material respects with the requirements of the Exchange Act and, on the date filed with the SEC and on the date first published, sent or other applicable Law given to the Company Shareholders, shall not contain any untrue statement of a material fact or omit to state any material fact required to be set forth stated therein or necessary in order to make the Schedule 14D-9 or statements therein, in light of the Schedule 13E-3 and all other information concerning Parent and Merger Sub circumstances under which they were made, not misleading, except that may be reasonably requested no covenant is made by the Company with respect to information supplied by Buyer or Merger Sub in writing specifically for inclusion in the Schedule 14D-9 or the Schedule 13E-314D-9. Each of the Company, Parent, Buyer and Merger Sub shall agrees promptly to correct any information supplied provided by it or on its behalf for inclusion or incorporation by reference use in the Schedule 14D-9 or the Schedule 13E-3 if and to the extent that such information shall have become false or misleading in any material respect, and the Company shall further agrees to take all steps necessary and use all reasonable efforts to promptly amend or supplement the Schedule 14D-9 or the Schedule 13E-3 and to cause the Schedule 14D-9 or the Schedule 13E-3 14D-9, as so amended or supplemented corrected, to be filed with the SEC and to be disseminated to the holders of Company Common StockShareholders, in each case as soon as and to the extent required by applicable Lawfederal securities laws. The Company shall promptly notify Parent upon the receipt of any comments from the SEC, or any request from the SEC for amendments or supplements, to the Schedule 14D-9 or the Schedule 13E-3, and shall promptly provide Parent with copies of all written correspondence and summaries of all material oral communications between the Company Buyer and its representatives, on the one hand, and the SEC, on the other hand. Prior to the filing of the Schedule 14D-9 or the Schedule 13E-3 and any amendment or supplement thereto (that does not contain or relate to an Adverse Recommendation Change) with the SEC or dissemination thereof to the holders of Company Common Stock, or responding to any comments of the SEC with respect to the Schedule 14D-9 or the Schedule 13E-3, the Company counsel shall provide Parent, Merger Sub and their counsel be given a reasonable opportunity to review and comment on upon (1) the Schedule 14D-9 prior to its filing with the SEC or dissemination to the Company Shareholders and (2) any correspondence with the SEC (including comment response letters) concerning the Offer or the Schedule 13E-3 or amendment or supplement or response, 14D-9. The Company agrees to provide Buyer and its counsel with any comments the Company shall give reasonable consideration to any such comments. Unless the Offer has been terminated in accordance with the terms of this Agreement, in the event that the Company receives any comments or its counsel may receive from the SEC or its staff with respect to the Schedule 14D-9 or promptly after the Schedule 13E-3, then it shall use its commercially reasonable efforts to respond promptly to receipt of such comments.
(cb) The Schedule 14D-9 shall also reflect that the Merger is governed by Section 251(h) of the DGCL and contain and constitute the notice to holders of Company Common Stock of the availability of appraisal rights in connection with the Merger required to be delivered to such holders by Section 262(d) of the DGCL. The Company shall set the record date for the holders of Company Common Stock to receive such notice of appraisal rights as the same date as the Stockholder List Date and shall disseminate the Schedule 14D-9 including such notice of appraisal rights to such holders to the extent required by Section 262(d) of the DGCL provided, that, such record date will not be more than ten (10) calendar days prior to the date that the Schedule 14D-9 is first mailed. The Company hereby consents to the inclusion in the Offer Documents of the Company Board Recommendation in the Offer Documents and, absent an Adverse Recommendation Change, Recommendations and represents that it has obtained all necessary consents to permit the inclusion in its entirety of a copy the fairness opinion of Xxxxxxx, Xxxxx & Co. (the “Company Financial Advisor”) in the Schedule 14D-9 (as defined below) and, in each case, as necessary, the proxy statement (including the form of proxies) or information statement relating to the vote of the Company Shareholders with respect to this Agreement (as amended, supplemented or modified, the “Company Proxy Statement”). The Company has been advised by each of its directors and executive officers that each such person intends to tender all shares of Company Common Stock owned by such person pursuant to the Offer.
(c) In connection with the Offer Documents mailed or furnished to and the holders of Merger, the Company Common Stock.
(d) The Company shall, or shall cause its transfer agent to, to furnish Parent and to Merger Sub and their agents promptly (and in any event within five (5) Business Days) after the date of this Agreement and from time to time thereafter as requested by Parent or Merger Sub with mailing labels or electronic files containing the names and addresses of the record holders of Company Common Stock as of the latest practicable a recent date and of those persons becoming record holders subsequent to such date, together with copies of all lists of stockholdersCompany Shareholders, security position listings and computer files any non-objecting beneficial ownership lists, and all other information in the Company’s possession or control regarding the beneficial owners of shares of Company Common Stock, in each case as of the latest date practicable, and shall promptly furnish to Parent and Merger Sub such other information and assistance (including periodically updated lists of stockholdersCompany Shareholders, security position listings and computer files) as Parent or Merger Sub Buyer may reasonably request for use in connection with the Offer. The date of the list of stockholders used to determine the Persons to whom communicating the Offer Documents and or the Schedule 14D-9 are first disseminated is referred Merger to as the “Stockholder List Date.” Company Shareholders. Subject to the requirements of applicable LawApplicable Laws, and except for such steps as are necessary to disseminate the Offer Documents and any other documents necessary to consummate the Merger TransactionsMerger, Parent Buyer and Merger Sub and their representatives agents shall use the treat any information contained in any such labels, listings and files only in connection with as if it were “Evaluation Material” pursuant to the Merger Transactions, shall treat such information and materials in accordance with the terms and conditions of the Confidentiality Non-Disclosure Agreement, anddated July 1, if this Agreement is terminated2005, shall destroy all copies of such information then in their possession or under their control promptly upon by and between the written request of Company and Buyer (the Company“Non-Disclosure Agreement”).
Appears in 2 contracts
Samples: Merger Agreement (Omnicare Inc), Merger Agreement (Omnicare Inc)
Company Actions. (a) The Company hereby approves of and consents to the Offer, the Merger and the other Merger Transactions and consents to the inclusion in the Offer Documents of the Company Board Recommendation.
(b) On As soon as practicable on the date the Offer Documents are filed with the SECis commenced, the Company shall, concurrently with the filing of the Schedule TO, shall file with the SEC a Solicitation/Recommendation Statement on Schedule 14D-9 with respect to the Offer (together with all amendments and supplements thereto and including exhibits thereto14D-9, including, if applicable, a Rule 13E-3 transaction statement on Schedule 13E-3 (together with any amendments thereof or supplements thereto, the “Schedule 13E-3”), the “Schedule 14D-9”) containingwhich shall, subject to the provisions of Section 5.35.5(b), contain the Company Board Recommendation and shall cause recommendation referred to in clause (iii) of Section 3.5 hereof. At the Schedule 14D-9 and time the Schedule 13E-3 to be disseminated Offer Documents are first mailed to the holders of Company Common Stock as and to the extent required by United States federal securities Laws, including Rule 14d-9 and Rule 13E-3 under the Exchange Act. Each of Parent and Merger Sub shall promptly furnish or otherwise make available to the Company or the Company’s legal counsel upon request all information concerning Parent and Merger Sub that is required by the Exchange Act or other applicable Law to be set forth in the Schedule 14D-9 or the Schedule 13E-3 and all other information concerning Parent and Merger Sub that may be reasonably requested by the Company for inclusion in the Schedule 14D-9 or the Schedule 13E-3. Each shareholders of the Company, Parent, and Merger Sub shall promptly correct any information supplied by it or on its behalf for inclusion or incorporation by reference in the Schedule 14D-9 or the Schedule 13E-3 if and to the extent that such information shall have become false or misleading in any material respect, and the Company shall mail or cause to be mailed to the shareholders of the Company such Schedule 14D-9 together with such Offer Documents. The Company further agrees to take all steps necessary and use all reasonable efforts to promptly amend or supplement the Schedule 14D-9 or the Schedule 13E-3 and to cause the Schedule 14D-9 or the Schedule 13E-3 as so amended or supplemented to be filed with the SEC and disseminated to the holders of Company Common Stockthe Shares, in each case as soon as and to the extent required by applicable Lawfederal securities laws. The Company shall promptly notify Parent upon Each of the receipt of any comments from the SEC, or any request from the SEC for amendments or supplements, to the Schedule 14D-9 or the Schedule 13E-3, and shall promptly provide Parent with copies of all written correspondence and summaries of all material oral communications between the Company and its representativesCompany, on the one hand, and the SECParent and Purchaser, on the other hand. Prior , agrees promptly to the filing of correct any information provided by it for use in the Schedule 14D-9 or if and to the extent that it shall have become false and misleading in any material respect and the Company further agrees to take all steps necessary to cause the Schedule 13E-3 and any amendment or supplement thereto (that does not contain or relate 14D-9 as so corrected to an Adverse Recommendation Change) be filed with the SEC or dissemination thereof and to be disseminated to holders of the Shares, in each case as and to the holders of Company Common Stock, or responding extent required by applicable federal securities laws. Parent and its counsel shall be given the opportunity to any comments of the SEC with respect to review the Schedule 14D-9 or before it is filed with the Schedule 13E-3SEC. In addition, the Company shall agrees to provide Parent, Merger Sub Purchaser and their counsel a reasonable opportunity to review and comment on the Schedule 14D-9 with any comments, whether written or the Schedule 13E-3 or amendment or supplement or responseoral, and the Company shall give reasonable consideration to any such comments. Unless the Offer has been terminated in accordance with the terms of this Agreement, in the event that the Company receives any comments or its counsel may receive from time to time from the SEC or its staff with respect to the Schedule 14D-9 promptly after the receipt of such comments or the Schedule 13E-3, then it shall use its commercially reasonable efforts to respond promptly to such commentsother communications.
(cb) The Schedule 14D-9 shall also reflect that the Merger is governed by Section 251(h) of the DGCL and contain and constitute the notice to holders of Company Common Stock of the availability of appraisal rights in In connection with the Merger required Offer, the Company will promptly furnish or cause to be delivered to such holders by Section 262(d) of the DGCL. The Company shall set the record date for the holders of Company Common Stock to receive such notice of appraisal rights as the same date as the Stockholder List Date and shall disseminate the Schedule 14D-9 including such notice of appraisal rights to such holders to the extent required by Section 262(d) of the DGCL provided, that, such record date will not be more than ten (10) calendar days prior to the date that the Schedule 14D-9 is first mailed. The Company hereby consents to the inclusion of the Company Board Recommendation in the Offer Documents and, absent an Adverse Recommendation Change, to the inclusion of a copy of the Schedule 14D-9 with the Offer Documents mailed or furnished to the holders of Company Common Stock.
(d) The Company shallPurchaser mailing labels, security position listings and any available listing, or shall cause its transfer agent to, furnish Parent and Merger Sub and their agents promptly (and in any event within five (5) Business Days) after the date of this Agreement and from time to time thereafter as requested by Parent or Merger Sub with mailing labels computer file containing the names and addresses of all recordholders of the record holders of Company Common Stock Shares as of the latest practicable date and of those persons becoming record holders subsequent to such a recent date, together with copies of all lists of stockholders, security position listings and computer files any non-objecting beneficial ownership lists, and all other information in the Company’s possession or control regarding the beneficial owners of Company Common Stock, in each case as of the latest date practicable, and shall promptly furnish to Parent Purchaser with such additional information (including, but not limited to, lists of holders of the Shares, updated daily, and Merger Sub such other information their addresses, mailing labels and lists of security positions) and assistance (including periodically updated lists of stockholders, security position listings and computer files) as Parent Purchaser or Merger Sub its agents may reasonably request in connection with communicating the Offer. The date Offer to the record and beneficial holders of the list of stockholders used to determine the Persons to whom the Offer Documents and the Schedule 14D-9 are first disseminated is referred to as the “Stockholder List Date.” Subject to the requirements of applicable Law, and except Shares. Except for such steps as are necessary to disseminate the Offer Documents and any other documents necessary to consummate the Merger TransactionsDocuments, Parent and Merger Sub and their representatives Purchaser shall use hold in confidence the information contained in any of such labelslabels and lists and the additional information referred to in the preceding sentence, listings and files will use such information only in connection with the Merger Transactions, shall treat such information and materials in accordance with the terms and conditions of the Confidentiality AgreementOffer, and, if this Agreement is terminated, shall destroy will upon request of the Company deliver or cause to be delivered to the Company all copies of such information then in their its possession or under their control promptly upon the written request possession of the Companyits agents or representatives.
Appears in 2 contracts
Samples: Merger Agreement (Compaq Interests Inc), Merger Agreement (Shopping Com)
Company Actions. (a) The So long as Parent and Purchaser are in compliance with their obligations to provide information contained in this Section 1.2 and Parent and Purchaser have provided the Company hereby approves of and consents a reasonable period to review the Offer, the Merger and the other Merger Transactions and consents to the inclusion in the Offer Documents final version of the Company Board Recommendation.
(b) On the date the Offer Documents are Schedule TO to be filed with the SEC, the Company shallSEC (which period shall be no less than three (3) Business Days), concurrently with the filing of the Schedule TOTO with the SEC on the date the Offer is commenced, the Company shall file with the SEC a Solicitation/Solicitation/ Recommendation Statement on Schedule 14D-9 with respect to the Offer (together with all amendments any amendments, supplements and supplements thereto and including exhibits thereto, including, if applicable, a Rule 13E-3 transaction statement on Schedule 13E-3 (together with any amendments thereof or supplements thereto, the “Schedule 13E-3”), the “Schedule 14D-9”) containingthat shall, subject to except as expressly provided in Section 5.34.2, contain the recommendation of the Company Board Recommendation and shall described in Section 2.2(c) (the “Company Recommendation”). The Company agrees to take all steps necessary to cause the Schedule 14D-9 and the Schedule 13E-3 to be prepared and filed with the SEC and disseminated to the holders of Company Common Stock Shareholders, in each case as and to the extent required by United States federal securities Laws, including Rule 14d-9 and Rule 13E-3 under the Exchange Act. Each of Parent and Merger Sub Purchaser shall promptly furnish or otherwise make available to the Company or the Company’s legal counsel upon request all information concerning Parent and Merger Sub Purchaser that is required by the Exchange Act or other applicable Law to be set forth in the Schedule 14D-9 or the Schedule 13E-3 and all other information concerning Parent and Merger Sub that may be is otherwise reasonably requested by the Company for inclusion in the Schedule 14D-9 or in connection with the obligations relating to Schedule 14D-9 contained in this Section 1.2(a). The Company, on the one hand, agrees to amend the Schedule 13E-3. Each of the Company, Parent14D-9, and Merger Sub shall Parent and Purchaser, on the other hand, agree to correct promptly correct any information supplied by it or on its behalf they provided for inclusion or incorporation by reference use in the Schedule 14D-9 or the Schedule 13E-3 if and to the extent that such information shall have become false or misleading in any material respect, and the respect or as otherwise required by applicable Law. The Company shall further agrees to take all steps necessary and use all reasonable efforts to cause as promptly amend or supplement as practicable the Schedule 14D-9 or the Schedule 13E-3 and to cause the Schedule 14D-9 or the Schedule 13E-3 14D-9, as so amended or supplemented (if applicable), to be filed with the SEC and disseminated to the holders of Company Common StockShareholders, in each case as soon as and to the extent required by applicable Law. Prior to the filing of the Schedule 14D-9 (including any amendments or supplements thereto) with the SEC or dissemination thereof to the Company Shareholders, Parent, Purchaser and their counsel shall be given a reasonable opportunity to review and comment on such Schedule 14D-9, and the Company shall give reasonable consideration to any such comments. The Company shall promptly notify Parent and Purchaser upon the receipt of any comments from the SEC, or any request from the SEC for amendments or supplements, to the Schedule 14D-9 or the Schedule 13E-314D-9, and shall promptly provide Parent and Purchaser with copies of all written correspondence and summaries of all material oral communications between the Company it and its representatives, on the one hand, and the SEC, on the other hand, and shall give Parent, Purchaser and their counsel a reasonable opportunity to participate in the response of the Company to those comments and to provide comments on any response and the Company shall give reasonable consideration to any such comments. Prior to the filing of the Schedule 14D-9 or the Schedule 13E-3 and any amendment or supplement thereto (that does not contain or relate to an Adverse Recommendation Change) with the SEC or dissemination thereof to the holders of Company Common Stock, or responding to any comments of the SEC with respect to the Schedule 14D-9 or the Schedule 13E-314D-9, the Company shall provide Parent, Merger Sub Purchaser and their counsel a reasonable opportunity to review and comment on the Schedule 14D-9 or the Schedule 13E-3 or amendment or supplement or such response, and the Company shall give reasonable consideration to any such comments. Unless the Offer has been terminated in accordance with the terms of this Agreement, in the event that the Company receives any comments from the SEC or its staff with respect to the Schedule 14D-9 or the Schedule 13E-3, then it shall use its commercially reasonable efforts to respond promptly to such comments.
(c) The Schedule 14D-9 shall also reflect that the Merger is governed by Section 251(h) of the DGCL and contain and constitute the notice to holders of Company Common Stock of the availability of appraisal rights in connection with the Merger required to be delivered to such holders by Section 262(d) of the DGCL. The Company shall set the record date for the holders of Company Common Stock to receive such notice of appraisal rights as the same date as the Stockholder List Date and shall disseminate the Schedule 14D-9 including such notice of appraisal rights to such holders to the extent required by Section 262(d) of the DGCL provided, that, such record date will not be more than ten (10) calendar days prior to the date that the Schedule 14D-9 is first mailed. The Company hereby consents to the inclusion of the Company Board Recommendation in the Offer Documents and, absent an Adverse Recommendation Change, to the inclusion of a copy of the Company Recommendation contained in the Schedule 14D-9 with the Offer Documents mailed or furnished to the holders of Company Common Stock14D-9.
(db) The Company shallSubject to compliance with all applicable data protection Laws, or shall cause its transfer agent toin connection with the Offer, furnish at the expense of Parent and Merger Sub Purchaser, the Company shall promptly furnish (or cause to be furnished) to Parent and their agents promptly (Purchaser mailing labels, security position listings and in any event within five (5) Business Days) after the date of this Agreement and from time to time thereafter as requested by Parent other available listing or Merger Sub with mailing labels computer files containing the names and addresses of the record holders and/or beneficial owners of Company Common Stock the Shares as of the latest most recent practicable date and of those persons becoming record holders subsequent to such date, together with copies of all lists of stockholders, security position listings and computer files any non-objecting beneficial ownership lists, and all other information in the Company’s possession or control regarding the beneficial owners of Company Common Stock, in each case as of the latest date practicable, and shall promptly furnish to Parent and Merger Sub Purchaser with, or shall cause Parent and Purchaser to be promptly furnished with, such other additional information and assistance (including periodically updated lists of stockholdersrecord holders and/or beneficial owners of the Shares, updated from time to time upon Parent’s, Purchaser’s or either of their respective agent’s request, and the addresses, mailing labels and lists of security position listings and computer filespositions of such record holders and/or beneficial owners) as Parent Parent, Purchaser or Merger Sub their respective agents may reasonably request in connection with for the Offer. The date purpose of communicating the Offer (and the Offer Documents, including all amendments and supplements to the Offer Documents) to the record holders and beneficial owners of the list of stockholders used to determine the Persons to whom the Offer Documents and the Schedule 14D-9 are first disseminated is referred to as the “Stockholder List Date.” Subject to the requirements of applicable Law, and except for such steps as are necessary to disseminate the Offer Documents and any other documents necessary to consummate the Merger Transactions, Shares. Parent and Merger Sub and their representatives Purchaser shall use reimburse the information contained in Company promptly for any such labels, listings and files only in connection with expense incurred by the Merger Transactions, shall treat such information and materials in accordance with the terms and conditions of the Confidentiality Agreement, and, if Company pursuant to this Agreement is terminated, shall destroy all copies of such information then in their possession or under their control promptly upon the written request of the CompanySection 1.2(b).
Appears in 2 contracts
Samples: Transaction Agreement (Schneider Electric Sa), Transaction Agreement (Telvent Git S A)
Company Actions. (a) The Company hereby approves of and consents to the Offer, the Merger and the other Merger Transactions and consents to the inclusion in the Offer Documents of the Company Board Recommendation.
(b) On the date the initial Offer Documents are filed with the SEC, the Company shall, concurrently in a manner that complies with Rule 14d-9 promulgated under the filing of the Schedule TOExchange Act, file with the SEC a Solicitation/Tender Offer Solicitation/ Recommendation Statement on Schedule 14D-9 with respect to the Offer (together with all amendments amendments, supplements and supplements thereto and including exhibits thereto, including, if applicable, a Rule 13E-3 transaction statement on Schedule 13E-3 (together with any amendments thereof or supplements thereto, the “Schedule 13E-3”), the “Schedule 14D-9”) containing), which shall, subject to the provisions of Section 5.35.4, describe and make the Company Board Recommendation with respect to the Offer, shall reflect that the Merger is governed by Section 251(h) of the DGCL and shall be consummated as soon as practicable following the completion of the Offer and include a copy (and summary description) of the opinion referred to in Section 3.19, and shall take all steps necessary to cause the Schedule 14D-9 and the Schedule 13E-3 to be disseminated or made available to the holders of Common Stock. The Company Common Stock as and Parent shall cooperate to cause the Schedule 14D-9 to be mailed or otherwise disseminated together with the Offer Documents to the extent required by United States federal securities Laws, including Rule 14d-9 and Rule 13E-3 under the Exchange Actholders of Common Stock. Each of Parent and Merger Sub shall promptly furnish or otherwise make available to the Company or the Company’s legal counsel upon request all information concerning Parent and Merger Sub that is required by the Exchange Act or other applicable Law to be set forth in the Schedule 14D-9 or the Schedule 13E-3 and all other information concerning Parent and Merger Sub that may be reasonably requested by the Company for inclusion in the Schedule 14D-9 or the Schedule 13E-314D-9. Each of the Company, Parent, Parent and Merger Sub shall promptly correct any information supplied provided by it or on its behalf for inclusion or incorporation by reference use in the Schedule 14D-9 or the Schedule 13E-3 14D-9, if and to the extent that such information shall have become false or misleading in any material respect, and the Company shall take all steps necessary and use all reasonable efforts to promptly amend or supplement the Schedule 14D-9 or the Schedule 13E-3 and to cause the Schedule 14D-9 or the Schedule 13E-3 14D-9, as so amended or supplemented supplemented, to be filed with the SEC and disseminated to the holders of Company Common Stock, in each case as soon as and to the extent required by applicable Lawfederal securities Laws. The Company shall promptly notify Parent upon the receipt of any comments from the SEC, SEC or any request from the SEC for amendments or supplements, supplements to the Schedule 14D-9 or the Schedule 13E-314D-9, and shall promptly provide Parent with copies of all written correspondence and summaries of all material oral communications between the Company and its representativesRepresentatives, on the one hand, and the SEC, on the other hand. The Company shall use its reasonable best efforts to respond as promptly as reasonably practicable to any comments of the SEC with respect to the Schedule 14D-9. Prior to the filing of the Schedule 14D-9 (or the Schedule 13E-3 and any amendment or supplement thereto (that does not contain thereto) or relate to an Adverse Recommendation Change) with the SEC or dissemination thereof to the holders stockholders of Company Common Stockthe Company, or responding to any comments of the SEC with respect to the Schedule 14D-9 or the Schedule 13E-3thereto, the Company shall provide Parent, Merger Sub and their counsel Parent a reasonable opportunity to review and comment on the Schedule 14D-9 or the Schedule 13E-3 or amendment or supplement to propose comments such document or response, and the Company shall give reasonable consideration to any such comments. Unless the Offer a Change of Recommendation has been terminated made in accordance with Section 5.4, the terms of this Agreement, in the event that the Company receives any comments from the SEC or its staff with respect to the Schedule 14D-9 or the Schedule 13E-3, then it shall use its commercially reasonable efforts to respond promptly to such comments.
(c) The Schedule 14D-9 shall also reflect that the Merger is governed by Section 251(h) of the DGCL and contain and constitute the notice to holders of Company Common Stock of the availability of appraisal rights in connection with the Merger required to be delivered to such holders by Section 262(d) of the DGCL. The Company shall set the record date for the holders of Company Common Stock to receive such notice of appraisal rights as the same date as the Stockholder List Date and shall disseminate the Schedule 14D-9 including such notice of appraisal rights to such holders to the extent required by Section 262(d) of the DGCL provided, that, such record date will not be more than ten (10) calendar days prior to the date that the Schedule 14D-9 is first mailed. The Company hereby consents to the inclusion in the Offer Documents of the recommendation of the Company Board Recommendation contained in the Offer Documents and, absent an Adverse Recommendation Change, to the inclusion of a copy of the Schedule 14D-9 14D-9.
(b) In connection with the Offer Documents mailed or furnished to and the holders of Merger, the Company Common Stock.
(d) The Company shall, or shall cause its transfer agent to, furnish Parent and Merger Sub and their agents to promptly (and in any event within five (5) Business Days) Days after the date of execution of this Agreement by all parties hereto) furnish Parent and from time to time thereafter as requested by Parent or Merger Sub with mailing labels containing the names and addresses of the record holders of Company Common Stock as of the latest most recent practicable date and of those persons becoming record holders subsequent to such date, together with copies of all lists of stockholders, security position listings and listings, computer files any non-objecting beneficial ownership lists, and all other information in the Company’s possession or control regarding the beneficial owners of Company Common Stock, in each case as of the latest date practicable, and shall promptly furnish to Parent and Merger Sub such other information and assistance (including periodically updated lists of stockholders, security position listings and computer files) as Parent or Merger Sub may reasonably request in connection with the Offer. The date of the list of stockholders used to determine the Persons to whom communicating the Offer Documents and the Schedule 14D-9 are first disseminated is referred to as the “Stockholder List Date.” Subject to the requirements of applicable Law, and except for such steps as are necessary to disseminate the Offer Documents and any other documents necessary to consummate the Merger Transactions, Company’s stockholders. Parent and Merger Sub shall keep confidential and their representatives shall use not disclose the information contained in any such labels, lists, listings and files files, in each case as required by the Confidentiality Agreement, shall use such information only in connection with the Offer and the Merger Transactions, shall treat such information and materials in accordance with the terms and conditions of the Confidentiality Agreement, and, if this Agreement is shall be terminated, shall shall, upon request, deliver to the Company or destroy all copies of such information then in their possession or under their control promptly upon in accordance with the written request Confidentiality Agreement. In addition, in connection with the Offer, the Company shall cooperate with Parent and Merger Sub to disseminate the Offer Documents to holders of shares of Common Stock held in, or subject to, any Company Benefit Plan and, to the Companyextent provided for in any such Company Benefit Plan, to permit such holders of shares to tender shares of Common Stock in the Offer.
Appears in 2 contracts
Samples: Merger Agreement (Amerisourcebergen Corp), Merger Agreement (MWI Veterinary Supply, Inc.)
Company Actions. (a) The Company hereby approves of and consents to the Offer, the Merger and the other Merger Transactions and consents to the inclusion in Schedule 14D-9. As promptly as practicable on the Offer Documents of the Company Board Recommendation.
(b) On the date the Offer Documents are filed with the SECCommencement Date, the Company shall, concurrently with following the filing of the Schedule TOOffer Documents, the Company shall (i) file with the SEC a Tender Offer Solicitation/Recommendation Statement on Schedule 14D-9 with respect to the Offer (together with all amendments and supplements thereto and including exhibits thereto, including, if applicable, a Rule 13E-3 transaction statement on Schedule 13E-3 (together with any exhibits, amendments thereof or supplements thereto, the “Schedule 13E-3”), the “Schedule 14D-9”) containingthat, subject to Section 5.36.1(b), shall reflect the Company Board Recommendation and shall include the fairness opinion of the Company’s financial advisor referenced in Section 3.22 and the notice and other information required by Section 262(d)(2) of the DGCL and (ii) cause the Schedule 14D-9 and the Schedule 13E-3 related documents to be disseminated to the holders of Company Common Stock Shares as and to the extent required by United States federal securities Lawsapplicable Legal Requirements, including Rule 14d-9 and Rule 13E-3 under by setting the Exchange Act. Each Stockholder List Date as the record date for purposes of Parent and Merger Sub shall promptly furnish or otherwise make available to receiving the Company or the Company’s legal counsel upon request all information concerning Parent and Merger Sub that is notice required by Section 262(d)(2) of the DGCL. The Company agrees that it shall cause the Schedule 14D-9 to (x) comply in all material respects with the Exchange Act or and other applicable Law Legal Requirements and (y) not contain any untrue statement of a material fact or omit to state any material fact required to be set forth stated therein or necessary in order to make the Schedule 14D-9 or statements therein, in light of the Schedule 13E-3 and all other information concerning Parent and Merger Sub circumstances under which they were made, not misleading; provided, however, that may be reasonably requested no covenant is made by the Company for inclusion in the Schedule 14D-9 or the Schedule 13E-3. Each of the Company, Parent, and Merger Sub shall promptly correct any with respect to information supplied by it or on its behalf of Parent or Purchaser for inclusion or incorporation by reference in the Schedule 14D-9 14D-9. Each of Parent, Purchaser and the Company agrees to respond promptly to any comments (including oral comments) of the SEC or its staff and to promptly correct any information provided by it for use in the Schedule 13E-3 14D-9 if and to the extent that such information shall have become false or misleading in any material respect, and the Company shall further agrees to take all steps necessary and use all reasonable efforts to promptly amend or supplement the Schedule 14D-9 or the Schedule 13E-3 and to cause the Schedule 14D-9 or the Schedule 13E-3 as so amended or supplemented corrected to be filed with the SEC and to be disseminated to the holders of Company Common StockShares, in each case as soon as and to the extent required by applicable LawLegal Requirements. The Company Parent and Purchaser shall promptly notify Parent upon the receipt of any comments from the SEC, furnish or any request from the SEC for amendments or supplements, otherwise make available to the Schedule 14D-9 Company or the Schedule 13E-3, and shall promptly provide Company’s legal counsel all information concerning Parent or Purchaser that may be required or reasonably requested in connection with copies of all written correspondence and summaries of all material oral communications between the Company any action contemplated by this Section 1.2(a). Parent and its representatives, on the one hand, and the SEC, on the other hand. Prior to the filing of the Schedule 14D-9 or the Schedule 13E-3 and any amendment or supplement thereto (that does not contain or relate to an Adverse Recommendation Change) with the SEC or dissemination thereof to the holders of Company Common Stock, or responding to any comments of the SEC with respect to the Schedule 14D-9 or the Schedule 13E-3, the Company counsel shall provide Parent, Merger Sub and their counsel a be given reasonable opportunity to review and comment on the Schedule 14D-9 (including any response to any comments (including oral comments) of the SEC or its staff with respect thereto) prior to the Schedule 13E-3 or amendment or supplement or responsefiling thereof with the SEC, and the Company shall give reasonable consideration to any such comments made by Parent or its counsel. The Company agrees to provide Parent and its counsel with any comments (including oral comments. Unless the Offer has been terminated in accordance with the terms of this Agreement, in the event that ) the Company receives any comments or its counsel may receive from the SEC or its staff with respect to the Schedule 14D-9 or the Schedule 13E-3, then it shall use its commercially reasonable efforts to respond promptly to such comments.
(c) The Schedule 14D-9 shall also reflect that the Merger is governed by Section 251(h) of the DGCL and contain and constitute the notice to holders of Company Common Stock of the availability of appraisal rights in connection with the Merger required to be delivered to such holders by Section 262(d) of the DGCL. The Company shall set the record date for the holders of Company Common Stock to receive such notice of appraisal rights as the same date as the Stockholder List Date and shall disseminate the Schedule 14D-9 including such notice of appraisal rights to such holders to the extent required by Section 262(d) of the DGCL provided, that, such record date will not be more than ten (10) calendar days prior to the date that the Schedule 14D-9 is first mailed. The Company hereby consents to the inclusion of the Company Board Recommendation in the Offer Documents and, absent an Adverse Recommendation Change, to the inclusion of a copy of the Schedule 14D-9 with the Offer Documents mailed or furnished to the holders of Company Common Stock.
(d) The Company shall, or shall cause its transfer agent to, furnish Parent and Merger Sub and their agents promptly (and in any event within five (5) Business Days) after the date of this Agreement and from time to time thereafter as requested by Parent or Merger Sub with mailing labels containing the names and addresses of the record holders of Company Common Stock as of the latest practicable date and receipt of those persons becoming record holders subsequent to such date, together with copies of all lists of stockholders, security position listings and computer files any non-objecting beneficial ownership lists, and all other information in the Company’s possession or control regarding the beneficial owners of Company Common Stock, in each case as of the latest date practicable, and shall promptly furnish to Parent and Merger Sub such other information and assistance comments (including periodically updated lists of stockholders, security position listings and computer files) as Parent or Merger Sub may reasonably request in connection with the Offer. The date of the list of stockholders used to determine the Persons to whom the Offer Documents and the Schedule 14D-9 are first disseminated is referred to as the “Stockholder List Dateoral comments).” Subject to the requirements of applicable Law, and except for such steps as are necessary to disseminate the Offer Documents and any other documents necessary to consummate the Merger Transactions, Parent and Merger Sub and their representatives shall use the information contained in any such labels, listings and files only in connection with the Merger Transactions, shall treat such information and materials in accordance with the terms and conditions of the Confidentiality Agreement, and, if this Agreement is terminated, shall destroy all copies of such information then in their possession or under their control promptly upon the written request of the Company.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Kite Pharma, Inc.), Merger Agreement (Gilead Sciences Inc)
Company Actions. (a) The Company hereby approves of and consents to the Offer, the Merger and the other Merger Transactions and consents to the inclusion in Schedule 14D-9. As promptly as practicable on the Offer Documents of the Company Board Recommendation.
(b) On the date the Offer Documents are filed with the SECCommencement Date, the Company shall, concurrently with following the filing of the Schedule TOOffer Documents, the Company shall (i) file with the SEC a Tender Offer Solicitation/Recommendation Statement on Schedule 14D-9 with respect to the Offer (together with all amendments and supplements thereto and including exhibits thereto, including, if applicable, a Rule 13E-3 transaction statement on Schedule 13E-3 (together with any exhibits, amendments thereof or supplements thereto, the “Schedule 13E-3”), the “Schedule 14D-9”) containingthat, subject to Section 5.36.5(d), shall reflect the Company Board Recommendation and shall include the notice and other information required by Section 262(d)(2) of the DGCL and (ii) cause the Schedule 14D-9 and the Schedule 13E-3 related documents to be disseminated to the holders of Company Common Stock Shares as and to the extent required by United States federal securities Lawsapplicable Law, including Rule 14d-9 and Rule 13E-3 under by setting the Exchange Act. Each Stockholder List Date as the record date for purposes of Parent and Merger Sub shall promptly furnish or otherwise make available to receiving the Company or the Company’s legal counsel upon request all information concerning Parent and Merger Sub that is notice required by Section 262(d)(2) of the DGCL. The Company agrees that it shall cause the Schedule 14D-9 (x) to comply in all material respects with the Exchange Act or and other applicable Law and (y) to not contain any untrue statement of a material fact or omit to state any material fact required to be set forth stated therein or necessary in order to make the Schedule 14D-9 or statements therein, in light of the Schedule 13E-3 and all other information concerning Parent and Merger Sub circumstances under which they were made, not misleading; provided, however, that may be reasonably requested no covenant is made by the Company for inclusion in the Schedule 14D-9 or the Schedule 13E-3. Each of the Company, Parent, and Merger Sub shall promptly correct any with respect to information supplied by it or on its behalf of Parent or Acquisition Sub for inclusion or incorporation by reference in the Schedule 14D-9 14D-9. Each of Parent, Acquisition Sub and the Company agrees to respond promptly to any comments of the SEC or its staff and to promptly correct any information provided by it for use in the Schedule 13E-3 14D-9 if and to the extent that such information shall have become false or misleading in any material respect, and the Company shall further agrees to take all steps necessary and use all reasonable efforts to promptly amend or supplement the Schedule 14D-9 or the Schedule 13E-3 and to cause the Schedule 14D-9 or the Schedule 13E-3 as so amended or supplemented corrected to be filed with the SEC and to be disseminated to the holders of Company Common StockShares, in each case as soon as and to the extent required by applicable Law. The Company Parent and Acquisition Sub shall promptly notify Parent upon the receipt of any comments from the SEC, furnish or any request from the SEC for amendments or supplements, otherwise make available to the Schedule 14D-9 Company or the Schedule 13E-3, and shall promptly provide Company’s legal counsel all information concerning Parent or Acquisition Sub that may be required or reasonably requested in connection with copies of all written correspondence and summaries of all material oral communications between the Company any action contemplated by this Section 1.2(a). Parent and its representatives, on the one hand, and the SEC, on the other hand. Prior to the filing of the Schedule 14D-9 or the Schedule 13E-3 and any amendment or supplement thereto (that does not contain or relate to an Adverse Recommendation Change) with the SEC or dissemination thereof to the holders of Company Common Stock, or responding to any comments of the SEC with respect to the Schedule 14D-9 or the Schedule 13E-3, the Company counsel shall provide Parent, Merger Sub and their counsel a be given reasonable opportunity to review and comment on the Schedule 14D-9 (including any response to any comments (including oral comments) of the SEC or its staff with respect thereto) prior to the Schedule 13E-3 or amendment or supplement or responsefiling thereof with the SEC, and the Company shall give reasonable and good faith consideration to any such comments made by Parent or its counsel. The Company agrees to provide Parent and its counsel with any comments (including oral comments. Unless the Offer has been terminated in accordance with the terms of this Agreement, in the event that ) the Company receives any comments or its counsel may receive from the SEC or its staff with respect to the Schedule 14D-9 or the Schedule 13E-3, then it shall use its commercially reasonable efforts to respond promptly to such comments.
(c) The Schedule 14D-9 shall also reflect that the Merger is governed by Section 251(h) of the DGCL and contain and constitute the notice to holders of Company Common Stock of the availability of appraisal rights in connection with the Merger required to be delivered to such holders by Section 262(d) of the DGCL. The Company shall set the record date for the holders of Company Common Stock to receive such notice of appraisal rights as the same date as the Stockholder List Date and shall disseminate the Schedule 14D-9 including such notice of appraisal rights to such holders to the extent required by Section 262(d) of the DGCL provided, that, such record date will not be more than ten (10) calendar days prior to the date that the Schedule 14D-9 is first mailed. The Company hereby consents to the inclusion of the Company Board Recommendation in the Offer Documents and, absent an Adverse Recommendation Change, to the inclusion of a copy of the Schedule 14D-9 with the Offer Documents mailed or furnished to the holders of Company Common Stock.
(d) The Company shall, or shall cause its transfer agent to, furnish Parent and Merger Sub and their agents promptly (and in any event within five (5) Business Days) after the date of this Agreement and from time to time thereafter as requested by Parent or Merger Sub with mailing labels containing the names and addresses of the record holders of Company Common Stock as of the latest practicable date and receipt of those persons becoming record holders subsequent to such date, together with copies of all lists of stockholders, security position listings and computer files any non-objecting beneficial ownership lists, and all other information in the Company’s possession or control regarding the beneficial owners of Company Common Stock, in each case as of the latest date practicable, and shall promptly furnish to Parent and Merger Sub such other information and assistance comments (including periodically updated lists of stockholders, security position listings and computer files) as Parent or Merger Sub may reasonably request in connection with the Offer. The date of the list of stockholders used to determine the Persons to whom the Offer Documents and the Schedule 14D-9 are first disseminated is referred to as the “Stockholder List Dateoral comments).” Subject to the requirements of applicable Law, and except for such steps as are necessary to disseminate the Offer Documents and any other documents necessary to consummate the Merger Transactions, Parent and Merger Sub and their representatives shall use the information contained in any such labels, listings and files only in connection with the Merger Transactions, shall treat such information and materials in accordance with the terms and conditions of the Confidentiality Agreement, and, if this Agreement is terminated, shall destroy all copies of such information then in their possession or under their control promptly upon the written request of the Company.
Appears in 2 contracts
Samples: Merger Agreement (Home Point Capital Inc.), Merger Agreement (Mr. Cooper Group Inc.)
Company Actions. (a) The Company hereby approves of and consents to the Offer, the Merger and the other Merger Transactions and . The Company hereby consents to the inclusion in the Offer Documents of the Company Board Recommendation, subject to the right of the Company Board to withdraw, modify or amend the Company Board Recommendation in accordance with the provisions of Section 5.3.
(b) On As promptly as practicable but no more than five Business Days after the date day that the Offer Documents are filed with the SECis commenced, the Company shall, concurrently with the filing of the Schedule TO, shall file with the SEC and (following or contemporaneously with the dissemination of the Offer Statement and related documents) disseminate to Company Stockholders, in each case as and to the extent required by applicable United States federal securities laws, a Solicitation/Recommendation Statement on Schedule 14D-9 with respect to the Offer (together with all amendments and supplements thereto and including exhibits thereto, including, if applicable, a Rule 13E-3 transaction statement on Schedule 13E-3 (together with any amendments thereof or supplements thereto, the “Schedule 13E-3”), the “Schedule "SCHEDULE 14D-9”") containing, subject to Section 5.3, that shall contain the Company Board Recommendation and Recommendation. The Company agrees that it shall cause the Schedule 14D-9 to comply in all material respects with the EXECUTION VERSION Exchange Act and the Schedule 13E-3 to be disseminated to the holders of Company Common Stock as rules and to the extent required by United States federal securities Laws, including Rule 14d-9 regulations thereunder and Rule 13E-3 under the Exchange Actother applicable Law. Each of Parent Parent, Acquisition Sub and Merger Sub shall promptly furnish or otherwise make available to the Company or the Company’s legal counsel upon request all agrees to promptly correct any information concerning Parent and Merger Sub that is required provided by the Exchange Act or other applicable Law to be set forth it for use in the Schedule 14D-9 or the Schedule 13E-3 and all other information concerning Parent and Merger Sub that may be reasonably requested by the Company for inclusion in the Schedule 14D-9 or the Schedule 13E-3. Each of the Company, Parent, and Merger Sub shall promptly correct any information supplied by it or on its behalf for inclusion or incorporation by reference in the Schedule 14D-9 or the Schedule 13E-3 if and to the extent that such information shall have become false or misleading in any material respect, and the Company shall further agrees to take all steps necessary and use all reasonable efforts to promptly amend or supplement the Schedule 14D-9 or the Schedule 13E-3 and to cause the Schedule 14D-9 as supplemented or the Schedule 13E-3 as so amended or supplemented to correct such information to be filed with the SEC and to be disseminated to the holders of Company Common StockStockholders, in each case as soon as and to the extent required by applicable LawUnited States federal securities laws. The Company shall promptly notify Parent upon the receipt of any comments from the SEC, or any request from the SEC for amendments or supplements, to the Schedule 14D-9 or the Schedule 13E-3, and shall promptly provide Parent with copies of all written correspondence and summaries of all material oral communications between the Company and its representatives, on the one hand, and the SEC, on the other hand. Prior to the filing of the Schedule 14D-9 or the Schedule 13E-3 and any amendment or supplement thereto (that does not contain or relate to an Adverse Recommendation Change) with the SEC or dissemination thereof to the holders of Company Common Stock, or responding to any comments of the SEC with respect to the Schedule 14D-9 or the Schedule 13E-3, the Company counsel shall provide Parent, Merger Sub and their counsel a be given reasonable opportunity to review and comment on the Schedule 14D-9 or (including any amendment thereto) prior to the Schedule 13E-3 or amendment or supplement or response, filing thereof with the SEC. The Company agrees to provide Parent and its counsel with any comments the Company shall give reasonable consideration to any such comments. Unless the Offer has been terminated in accordance with the terms of this Agreement, in the event that the Company receives any comments or its counsel may receive from the SEC or its staff with respect to the Schedule 14D-9 or the Schedule 13E-3, then it shall use its commercially reasonable efforts to respond promptly to after receipt of such comments.
(c) The Schedule 14D-9 shall also reflect that the Merger is governed by Section 251(h) of the DGCL and contain and constitute the notice to holders of Company Common Stock of the availability of appraisal rights in connection with the Merger required to be delivered to such holders by Section 262(d) of the DGCL. The Company shall set the record date for the holders of Company Common Stock to receive such notice of appraisal rights as the same date as the Stockholder List Date and shall disseminate the Schedule 14D-9 including such notice of appraisal rights to such holders to the extent required by Section 262(d) of the DGCL provided, that, such record date will not be more than ten (10) calendar days prior to the date that the Schedule 14D-9 is first mailed. The Company hereby consents to the inclusion of the Company Board Recommendation in the Offer Documents and, absent an Adverse Recommendation Change, to the inclusion of a copy of the Schedule 14D-9 with the Offer Documents mailed or furnished to the holders of Company Common Stock.
(d) The Company shallwill, or shall will cause its transfer agent to, promptly furnish Parent and Merger Sub and their agents promptly (and in any event within five (5) Business Days) after the date of this Agreement and from time to time thereafter as requested by Parent or Merger Acquisition Sub with a list of its stockholders, mailing labels and any available listing or computer file containing the names and addresses of the all Company Stockholders of record holders and lists of securities positions of shares of Company Common Stock as of the latest practicable date and of those persons becoming record holders subsequent to such date, together with copies of all lists of stockholders, security position listings and computer files any non-objecting beneficial ownership lists, and all other information held in the Company’s possession or control regarding the beneficial owners of Company Common Stockstock depositories, in each case as of the latest date practicablemost recent practicable date, and shall promptly furnish will provide to Parent and Merger Sub such other additional information and assistance (including periodically updated lists of stockholders, security position listings mailing labels and computer fileslists of securities positions) and such other assistance as Parent or Merger Acquisition Sub may reasonably request in connection with the Offer. The date of the list of stockholders used to determine the Persons to whom the Offer Documents and the Schedule 14D-9 are first disseminated is referred to Merger. Except as the “Stockholder List Date.” Subject to the requirements of required by applicable LawLaws, and except for such steps as are necessary to disseminate and communicate the Offer Documents and any other documents necessary to consummate Offer, the Merger Transactionsor the transactions contemplated by this Agreement to the Company Stockholders, Parent and Merger Acquisition Sub (and their representatives respective representatives) shall use hold in confidence the information contained in any such labels, listings and files only in connection with to the Merger Transactions, shall treat such information and materials in accordance with the terms and conditions of extent required by the Confidentiality Agreement, and, if this Agreement is terminated, shall destroy all copies of such information then in their possession or under their control promptly upon the written request of the Company.
Appears in 2 contracts
Samples: Merger Agreement (Superior Consultant Holdings Corp), Merger Agreement (Affiliated Computer Services Inc)
Company Actions. (a) The Company hereby approves of and consents to As promptly as practicable on the Offer, the Merger and the other Merger Transactions and consents to the inclusion in day that the Offer Documents of the Company Board Recommendation.
(b) On the date the Offer Documents are filed with the SECis commenced, the Company shall, concurrently with or following the filing of the Schedule TO, file with the SEC and disseminate to holders of shares of Company Common Stock a Tender Offer Solicitation/Recommendation Statement on Schedule 14D-9 with respect to the Offer (together with all amendments and supplements thereto and including exhibits thereto, including, if applicable, a Rule 13E-3 transaction statement on Schedule 13E-3 (together with any exhibits, amendments thereof or supplements thereto, the “Schedule 13E-3”), the “Schedule 14D-9”) containingthat, subject to Section 5.35.02, shall contain the Company Board Recommendation and shall cause the Schedule 14D-9 and the Schedule 13E-3 to be disseminated to the holders of Company Common Stock as and to the extent required by United States federal securities Laws, including Rule 14d-9 and Rule 13E-3 under the Exchange ActRecommendation. Each of Parent and Merger Sub shall promptly furnish or otherwise make available to the Company or the Company’s legal counsel upon request all information concerning Parent and Merger Sub that is required by the Exchange Act or other applicable Law to be set forth in the Schedule 14D-9 or the Schedule 13E-3 and all other information concerning Parent and Merger Sub that may be reasonably requested by the Company for inclusion in the Schedule 14D-9 or the Schedule 13E-3. Each of the Company, Parent, and Merger Sub shall promptly correct any information supplied by it or on its behalf for inclusion or incorporation by reference in the Schedule 14D-9 or the Schedule 13E-3 if and to the extent that such information shall have become false or misleading in any material respect, and the Company shall take all steps necessary and use all reasonable efforts to promptly amend or supplement the Schedule 14D-9 or the Schedule 13E-3 and to cause the Schedule 14D-9 or the Schedule 13E-3 as so amended or supplemented to be filed with the SEC and disseminated to the holders of Company Common Stock, in each case as soon as and to the extent required by applicable Law. The Company shall promptly notify Parent upon the receipt of any comments from the SEC, or any request from the SEC for amendments or supplements, to the Schedule 14D-9 or the Schedule 13E-3, and shall promptly provide Parent with copies of all written correspondence and summaries of all material oral communications between the Company and its representatives, on the one hand, and the SEC, on the other hand. Prior to the filing of the Schedule 14D-9 or the Schedule 13E-3 and any amendment or supplement thereto (that does not contain or relate to an Adverse Recommendation Change) with the SEC or dissemination thereof to the holders of Company Common Stock, or responding to any comments of the SEC with respect to the Schedule 14D-9 or the Schedule 13E-3, the Company shall provide Parent, Merger Sub and their counsel a reasonable opportunity to review and comment on the Schedule 14D-9 or the Schedule 13E-3 or amendment or supplement or response, and the Company shall give reasonable consideration to any such comments. Unless the Offer has been terminated in accordance with the terms of this Agreement, in the event that the Company receives any comments from the SEC or its staff with respect to the Schedule 14D-9 or the Schedule 13E-3, then it shall use its commercially reasonable efforts to respond promptly to such comments.
(c) The Schedule 14D-9 shall also reflect that the Merger is governed by Section 251(h) of the DGCL and contain and constitute the notice to holders of Company Common Stock of the availability of appraisal rights in connection with the Merger required to be delivered to such holders by the Company under Section 262(d) of the DGCLDGCL at the time the Company first files the Schedule 14D-9 with the SEC. The Company shall set the record date for the holders of Company Common Stock Company’s stockholders to receive such notice of appraisal rights as the same date as the Stockholder List Date and shall disseminate the Schedule 14D-9 including such notice of appraisal rights to such holders the Company’s stockholders to the extent required by Section 262(d) of the DGCL providedDGCL. Each of Parent, that, such record date will not be more than ten (10) calendar days prior Merger Sub and the Company agrees to the date that promptly correct any information provided by it for use in the Schedule 14D-9 is first mailed. The Company hereby consents if and to the inclusion of extent that such information shall have become false or misleading in any material respect, and the Company Board Recommendation in the Offer Documents and, absent an Adverse Recommendation Change, further agrees to the inclusion of a copy of use all reasonable efforts to cause the Schedule 14D-9 as so corrected to promptly be filed with the Offer Documents mailed or furnished SEC and to the promptly be disseminated to holders of Company Common Stock.
(d) The Company shall, or shall cause its transfer agent to, furnish Parent and Merger Sub and their agents promptly (and in any event within five (5) Business Days) after the date of this Agreement and from time to time thereafter as requested by Parent or Merger Sub with mailing labels containing the names and addresses of the record holders of Company Common Stock as of the latest practicable date and of those persons becoming record holders subsequent to such date, together with copies of all lists of stockholders, security position listings and computer files any non-objecting beneficial ownership lists, and all other information in the Company’s possession or control regarding the beneficial owners shares of Company Common Stock, in each case as of and to the latest date practicable, and shall promptly furnish to extent required by applicable Law. Parent and Merger Sub such other shall promptly furnish or otherwise make available to the Company or its legal counsel any information concerning Parent, Merger Sub, the Guarantors or any Parent Related Parties that is required by the Exchange Act to be set forth in the Schedule 14D-9 or reasonably requested by the Company for inclusion in the Schedule 14D-9. Unless the Board of Directors of the Company has made an Adverse Recommendation Change or in connection therewith, Parent and assistance its counsel shall be given reasonable opportunity to review and comment on the Schedule 14D-9 and any amendment thereto prior to the filing thereof with the SEC. The Company agrees to provide Parent and its counsel with any comments (including periodically a summary of any oral comments) the Company or its counsel may receive from the SEC or its staff with respect to the Schedule 14D-9 promptly after receipt of such comments. The Company shall give Parent and its counsel a reasonable opportunity to participate in the response to any comments of the SEC or its staff with respect to the Schedule 14D-9, except if the Board of Directors of the Company has made an Adverse Recommendation Change or in connection therewith, and the Company shall respond promptly to any such comments.
(b) In connection with the Offer, the Company shall (or shall cause its transfer agent to) promptly furnish Parent with a list of its stockholders, mailing labels and any available listing or computer file containing the names and addresses of all record holders of shares of Company Common Stock and lists of securities positions of shares of Company Common Stock held in stock depositories as of the most recent practicable date, to the extent known by the Company, and shall provide to Parent such additional information (including updated lists of stockholders, security position listings mailing labels and computer fileslists of securities positions) as Parent or Merger Sub may reasonably request in connection with the Offer. The date of the list of stockholders used to determine the Persons to whom the Offer Documents and the Schedule 14D-9 are first disseminated is referred to as the “Stockholder List Date.” Subject to the requirements of applicable Law, and except for such steps as are necessary to disseminate the Offer Documents and any other documents necessary to consummate the Merger Transactions, ”. Parent and Merger Sub and their representatives Representatives shall use hold in confidence pursuant to the Confidentiality Agreement the information contained in any such labels, listings and files files, shall use such information only in connection with the Merger Transactions, shall treat such information and materials in accordance with the terms and conditions of the Confidentiality Agreement, Transactions and, if this Agreement is shall be terminated, shall, upon request, deliver, and shall use their reasonable efforts to cause their Representatives to deliver to the Company or destroy (at the Company’s election) all copies of and any extracts or summaries from such information then in their possession or under their control promptly upon control.
(c) Subject to Section 5.02, the written request Company consents to the inclusion in the Offer Documents of a description of the CompanyCompany Board Recommendation.
Appears in 2 contracts
Samples: Merger Agreement (Fresh Market, Inc.), Merger Agreement (Fresh Market, Inc.)
Company Actions. (a) The Company hereby approves of and consents to the OfferOffer and, unless the Merger and the other Merger Transactions and consents Company Board of Directors has made a Change of Recommendation in accordance with Section 6.3 hereof, to the inclusion of the Company Board Recommendation in the Offer Documents of and the Company Board RecommendationForm S-4.
(b) On the date the Offer Documents are filed Schedule 14D-9. The Company shall (i) file with the SEC, the Company shall, SEC concurrently with the filing by Parent and Purchaser of the Schedule TO, file with the SEC a Solicitation/Recommendation Statement on Schedule 14D-9 with respect pertaining to the Offer (together with all amendments and supplements thereto thereto, and including all exhibits thereto, including, if applicable, a Rule 13E-3 transaction statement on Schedule 13E-3 (together with any amendments thereof or supplements thereto, the “Schedule 13E-3”), the “Schedule 14D-9”) containing, subject and (ii) cause the Schedule 14D-9 to Section 5.3, be mailed to the holders of Company Board Recommendation and Common Stock promptly after commencement of the Offer. The Company shall cause the Schedule 14D-9 and to comply in all material respects with requirements of applicable Law. To the extent requested by the Company, Parent shall cause the Schedule 13E-3 14D-9 to be mailed or otherwise disseminated to the holders of Company Common Stock as and (to the extent required by United States federal securities Laws, including Rule 14d-9 and Rule 13E-3 under applicable Law) together with the Exchange ActOffer Documents. Each of Parent and Merger Sub Purchaser shall promptly furnish or otherwise make available in writing to the Company or the Company’s legal counsel upon request all information concerning Parent and Merger Sub Purchaser that is required by the Exchange Act or other applicable Law to be set forth included in the Schedule 14D-9 or so as to enable the Schedule 13E-3 Company to comply with its obligations under this Section 1.2(b). Parent, Purchaser and all other the Company shall cooperate in good faith to determine the information concerning regarding Parent and Merger Sub Purchaser that may be reasonably requested by the Company for inclusion is necessary to include in the Schedule 14D-9 or in order to satisfy applicable Law. The Schedule 14D-9 shall include the Schedule 13E-3fairness opinion of the Company’s financial advisor referenced in Section 4.22 and any information that may be required to be provided to holders of shares of Company Common Stock by the DGCL. Each of the Company, Parent, Parent and Merger Sub Purchaser shall promptly correct any information supplied provided by it or on its behalf Representatives for inclusion or incorporation by reference use in the Schedule 14D-9 or the Schedule 13E-3 if and to the extent that such information shall have become false or misleading in any material respect, and the . The Company shall take all steps necessary and use all reasonable efforts to promptly amend or supplement the Schedule 14D-9 or the Schedule 13E-3 and to cause the Schedule 14D-9 or the Schedule 13E-3 14D-9, as so amended or supplemented corrected, to be filed with the SEC and disseminated to the holders of Company Common Stock, in each case as soon as and to the extent required by applicable Law. The Company shall promptly notify Parent upon the receipt of any comments from the SEC, or any request from the SEC for amendments or supplements, to the Schedule 14D-9 or the Schedule 13E-3, and shall promptly provide Parent with copies of all written correspondence and summaries of all material oral communications between the Company and its representatives, on the one hand, and the SEC, on the other hand. Prior to the filing of the Schedule 14D-9 or the Schedule 13E-3 and any amendment or supplement thereto (that does not contain or relate to an Adverse Recommendation Change) with the SEC or dissemination thereof to the holders of Company Common Stock, or responding to any comments of the SEC with respect to the Schedule 14D-9 or the Schedule 13E-3, the Company shall provide Parent, Merger Sub Purchaser and their counsel a reasonable opportunity to review and comment on the Schedule 14D-9 or prior to the Schedule 13E-3 or amendment or supplement or responsefiling thereof with the SEC, and the Company shall give reasonable and good faith consideration to any such commentsreasonable comments made by Parent, Purchaser and their counsel (it being understood that Parent, Purchaser and their counsel shall provide any comments thereon as soon as reasonably practicable). Unless the Offer has been terminated The Company shall provide in accordance with the terms writing to Parent, Purchaser and their counsel any written comments or other material communications (and shall provide a summary of this Agreement, in the event all substantive oral comments or material communications) that the Company receives any comments or its counsel receive from the SEC or its staff with respect to the Schedule 14D-9 promptly after such receipt, and shall provide Parent, Purchaser and their counsel a reasonable opportunity to participate in the formulation of any response to any such comments of the SEC or its staff (including a reasonable opportunity to review and comment on any such response, to which the Schedule 13E-3Company shall give reasonable and good faith consideration to any comments made by Parent, then Purchaser and their counsel (it being understood that Parent, Purchaser and their counsel shall use provide any comments thereon as soon as reasonably practicable)) and to participate in any discussions with the SEC or its commercially reasonable efforts to respond promptly to staff regarding any such comments.
(c) The Schedule 14D-9 shall also reflect that the Merger is governed by Section 251(h) of the DGCL and contain and constitute the notice to holders of Company Common Stock of the availability of appraisal rights in connection with the Merger required to be delivered to such holders by Section 262(d) of the DGCL. The Company shall set use reasonable best efforts to as promptly as practicable respond to any comments of the record date for the holders of Company Common Stock to receive such notice of appraisal rights as the same date as the Stockholder List Date and shall disseminate SEC or its staff regarding the Schedule 14D-9 including such notice 14D-9. Unless the Company Board of appraisal rights to such holders to Directors has effected a Change of Recommendation in accordance with the extent required by terms of Section 262(d) of 6.3, the DGCL provided, that, such record date will not be more than ten (10) calendar days prior to the date that the Schedule 14D-9 is first mailed. The Company hereby consents to the inclusion of shall include the Company Board Recommendation in the Offer Documents and, absent an Adverse Recommendation Change, to the inclusion of a copy of the Schedule 14D-9. The Schedule 14D-9 with shall include the Offer Documents mailed or furnished to the holders fairness opinion of Company Common Stock.
(d) The Company shall, or shall cause its transfer agent to, furnish Parent and Merger Sub and their agents promptly (and in any event within five (5) Business Days) after the date of this Agreement and from time to time thereafter as requested by Parent or Merger Sub with mailing labels containing the names and addresses of the record holders of Company Common Stock as of the latest practicable date and of those persons becoming record holders subsequent to such date, together with copies of all lists of stockholders, security position listings and computer files any non-objecting beneficial ownership lists, and all other information in the Company’s possession or control regarding the beneficial owners of Company Common Stock, financial advisor referenced in each case as of the latest date practicable, and shall promptly furnish to Parent and Merger Sub such other information and assistance (including periodically updated lists of stockholders, security position listings and computer files) as Parent or Merger Sub may reasonably request in connection with the Offer. The date of the list of stockholders used to determine the Persons to whom the Offer Documents and the Schedule 14D-9 are first disseminated is referred to as the “Stockholder List DateSection 4.22.” Subject to the requirements of applicable Law, and except for such steps as are necessary to disseminate the Offer Documents and any other documents necessary to consummate the Merger Transactions, Parent and Merger Sub and their representatives shall use the information contained in any such labels, listings and files only in connection with the Merger Transactions, shall treat such information and materials in accordance with the terms and conditions of the Confidentiality Agreement, and, if this Agreement is terminated, shall destroy all copies of such information then in their possession or under their control promptly upon the written request of the Company.
Appears in 2 contracts
Samples: Merger Agreement (Tesla, Inc.), Merger Agreement (Maxwell Technologies Inc)
Company Actions. (a) The Company hereby approves of and consents to the Offer, the Merger and the other Merger Transactions and consents to the inclusion in the Offer Documents of the Company Board Recommendation.
(b) On the date the Offer Documents are Schedule TO is filed with the SEC, the Company shall, concurrently with the filing of the Schedule TO, shall file with the SEC a Solicitation/Recommendation Statement on Schedule 14D-9 with respect to the Offer (together with all amendments amendments, supplements and supplements thereto and including exhibits thereto, including, if applicable, a Rule 13E-3 transaction statement on Schedule 13E-3 (together with any amendments thereof or supplements thereto, the “Schedule 13E-3”), the “Schedule 14D-9”) containingthat shall, subject to the provisions of Section 5.37.5, contain and reflect the Company Board Recommendation and Recommendation. The Company shall take all steps necessary to cause the Schedule 14D-9 and the Schedule 13E-3 to be prepared and filed with the SEC and disseminated to the holders stockholders of Company Common Stock the Company, in each case as and to the extent required by United States federal securities Laws, including Rule 14d-9 and Rule 13E-3 under the Exchange Act. Each of Parent and Merger Sub shall promptly furnish or otherwise make available to the Company or the Company’s legal counsel upon request in writing all information concerning Parent and Merger Sub that is required by the Exchange Act or other applicable Law to be set forth in the Schedule 14D-9 or the Schedule 13E-3 and all other information concerning Parent and Merger Sub that may be required by applicable Laws or reasonably requested by the Company for inclusion in the Schedule 14D-9 or the Schedule 13E-314D-9. Each of the The Company, Parenton the one hand, and Parent and Merger Sub Sub, on the other hand, shall promptly correct any information supplied provided by it or on its behalf for inclusion or incorporation by reference use in the Schedule 14D-9 or the Schedule 13E-3 if and to the extent that such information is or shall have become false or misleading in any material respect, and the respect or as otherwise required by applicable Law. The Company shall take all steps necessary and use all reasonable efforts to promptly amend or supplement the Schedule 14D-9 or the Schedule 13E-3 and to cause the Schedule 14D-9 or the Schedule 13E-3 14D-9, as so amended or supplemented corrected, to be filed with the SEC and disseminated to the holders stockholders of Company Common Stockthe Company, in each case as soon as and to the extent required by applicable Lawthe Exchange Act. The Company shall promptly notify Parent and Merger Sub upon the receipt of any comments from the SEC, or any request from the SEC for amendments or supplements, to the Schedule 14D-9 or the Schedule 13E-314D-9, and shall promptly provide Parent and Merger Sub with copies of all written correspondence and summaries of all material oral communications between the Company it and its representativesRepresentatives, on the one hand, and the SEC, on the other hand, relating to the Schedule 14D-9. Prior Unless the Company Board has effected a change in the Company Recommendation, prior to the filing of the Schedule 14D-9 (including any amendments or the Schedule 13E-3 and any amendment or supplement thereto (that does not contain or relate to an Adverse Recommendation Changesupplements thereto) with the SEC or dissemination thereof to the holders stockholders of Company Common Stockthe Company, or responding to any comments of the SEC with respect to the Schedule 14D-9 or the Schedule 13E-314D-9, the Company shall provide Parent, Merger Sub and their counsel a reasonable opportunity to review and comment on the such Schedule 14D-9 or the Schedule 13E-3 or amendment or supplement or response, and the Company shall give reasonable and good faith consideration to any such comments. Unless the Offer has been terminated in accordance with the terms of this Agreement, in the event that the Company receives any comments from the SEC or its staff with respect to the Schedule 14D-9 or the Schedule 13E-3, then it shall use its commercially reasonable efforts to respond promptly to such comments.
(c) The Schedule 14D-9 shall also reflect that the Merger is governed by Section 251(h) of the DGCL and contain and constitute the notice to holders of Company Common Stock of the availability of appraisal rights in connection with the Merger required to be delivered to such holders by Section 262(d) of the DGCL. The Company shall set the record date for the holders of Company Common Stock to receive such notice of appraisal rights as the same date as the Stockholder List Date and shall disseminate the Schedule 14D-9 including such notice of appraisal rights to such holders to the extent required by Section 262(d) of the DGCL provided, that, such record date will not be more than ten (10) calendar days prior to the date that the Schedule 14D-9 is first mailed. The Company hereby consents to the inclusion of the Company Board Recommendation in the Offer Documents and, absent an Adverse Recommendation Change, to the inclusion of a copy of the Company Recommendation contained in the Schedule 14D-9 with the Offer Documents mailed or furnished to the holders of Company Common Stock14D-9.
(db) The In connection with the Offer, the Company shall, shall promptly furnish or shall cause its transfer agent to, furnish to be furnished to Parent and Merger Sub mailing labels, security position listings and their agents promptly (and in any event within five (5) Business Days) after the date of this Agreement and from time to time thereafter as requested by Parent other available listings or Merger Sub with mailing labels computer files containing the names and addresses of the all record holders of Company Common Stock as or beneficial owners of the latest practicable date and of those persons becoming record holders subsequent to such date, together with copies of all lists of stockholders, security position listings and computer files any non-objecting beneficial ownership lists, and all other information in the Company’s possession or control regarding the beneficial owners shares of Company Common Stock, in each case as of the latest date practicablemost recent practicable date, and shall promptly furnish to Parent and Merger Sub with such other information and assistance (including periodically updated lists of stockholdersrecord holders or beneficial owners of the shares of Company Common Stock, updated from time to time upon Parent’s, Merger Sub’s or either of their respective agents’ reasonable request, and the addresses, mailing labels and lists of security position listings and computer filespositions of such record holders or beneficial owners) as Parent or Parent, Merger Sub or either of their respective agents may reasonably request in connection with for the Offer. The date purpose of communicating the Offer to the record holders and beneficial owners of the list shares of stockholders used to determine the Persons to whom the Offer Documents and the Schedule 14D-9 are first disseminated is referred to as the “Stockholder List Date.” Company Common Stock. Subject to the requirements of applicable Law, and except for such steps as are necessary to disseminate the Offer Documents and any other documents necessary to consummate the Offer, the Merger Transactionsand the other transactions contemplated hereby, Parent and Merger Sub and their representatives shall use hold in confidence the information contained in any such labels, listings and files and shall use such information only in connection with the Offer and the Merger Transactions, shall treat such information and materials in accordance with the terms and conditions of the Confidentiality Agreement, and, if this Agreement is shall be terminated, shall promptly deliver (and shall use their respective commercially reasonable efforts to cause their agents and Representatives to deliver) to the Company or destroy all copies and any extract or summaries of such information then in their possession or under their control promptly upon the written request of the Companycontrol.
Appears in 2 contracts
Samples: Merger Agreement (American Realty Capital Properties, Inc.), Merger Agreement (Cole Credit Property Trust Inc)
Company Actions. (a) The Subject to Section 5.3, the Company hereby approves of and consents to the Offer, the Merger and the other Merger Transactions and transactions contemplated by this Agreement. The Company hereby consents to the inclusion in the Offer Documents of the Recommendation (as defined in Section 3.4(b)), and the Company shall not permit the Recommendation or any component thereof to be modified in any manner adverse to Parent or Merger Sub or withdrawn by the Company Board Recommendationor in any other manner, except as provided in this Agreement.
(b) On the date on which the Offer Documents are filed with the SEC, the Company shall, concurrently with the filing of the Schedule TO, shall file with the SEC a Solicitation/Recommendation Statement on Schedule 14D-9 under the Exchange Act with respect to the Offer (together with all amendments and supplements thereto and including exhibits theretosuch Schedule 14D-9, including, if applicable, a Rule 13E-3 transaction statement on Schedule 13E-3 (together with any amendments thereof as amended or supplements theretosupplemented from time to time, the “Schedule 13E-3”), the “"Schedule 14D-9”") containingin which the Company makes the recommendations referred to in Section 3.4(b), subject to Section 5.3any permitted withdrawal or modification thereof in accordance with this Agreement, the Company Board Recommendation and shall cause mail the Schedule 14D-9 and the Schedule 13E-3 to be disseminated to the holders of Shareholders. The Company Common Stock as and to the extent required by United States federal securities Laws, including Rule 14d-9 and Rule 13E-3 under the Exchange Act. Each of Parent and Merger Sub shall promptly furnish or otherwise make available to the Company or the Company’s legal counsel upon request all information concerning Parent and Merger Sub that is required by the Exchange Act or other applicable Law to be set forth include in the Schedule 14D-9 or information furnished by Parent in writing concerning Parent's designees for directors of the Company as required by Section 14(f) of the Exchange Act and Rule 14f-1 thereunder, and shall use its reasonable efforts to have the Schedule 13E-3 14D-9 available for inclusion in the initial mailing of the Offer Documents to the Shareholders. The Company (i) agrees that on the date on which the Schedule 14D-9 is filed with the SEC and on each date on which any amendment or supplement to the Schedule 14D-9 is filed with the SEC, the Schedule 14D-9 shall comply as to form in all other information concerning Parent material respects with the requirements of the Exchange Act and Merger Sub the rules and regulations promulgated thereunder, and (ii) represents and warrants that, on the date filed with the SEC and on the date first published, sent or given to Shareholders, the Schedule 14D-9 will not contain any untrue statement of a material fact or omit to state any material fact required to be stated therein or necessary in order to make the statements therein, in light of the circumstances under which they were made, not misleading, except that may be reasonably requested no representation or warranty is made by the Company with respect to information supplied in writing by Parent or Merger Sub pursuant to this Agreement specifically for inclusion in the Schedule 14D-9 14D-9. The Company (or Parent and Merger Sub, with respect to information supplied by Parent or Merger Sub pursuant to this Agreement specifically for inclusion in the Schedule 13E-3. Each of the Company, Parent, and Merger Sub 14D-9) shall promptly correct any information supplied by it or on its behalf for inclusion or incorporation by reference contained in the Schedule 14D-9 or the Schedule 13E-3 if and to the extent that such information shall have become false or misleading in any material respect, and the Company shall take all steps necessary and use all reasonable efforts to promptly amend or supplement the Schedule 14D-9 or the Schedule 13E-3 to reflect such correction and to cause the Schedule 14D-9 or the Schedule 13E-3 as so amended or supplemented to be filed with the SEC and disseminated to the holders of Company Common StockShareholders, in each case as soon as and to the extent required by applicable LawFederal securities laws. The Company shall promptly notify Parent upon the receipt of any comments from the SEC, or any request from the SEC for amendments or supplements, to the Schedule 14D-9 or the Schedule 13E-3, and shall promptly provide Parent with copies of all written correspondence and summaries of all material oral communications between the Company and its representatives, on the one hand, and the SEC, on the other hand. Prior to the filing of the Schedule 14D-9 or the Schedule 13E-3 and any amendment or supplement thereto (that does not contain or relate to an Adverse Recommendation Change) with the SEC or dissemination thereof to the holders of Company Common Stock, or responding to any comments of the SEC with respect to the Schedule 14D-9 or the Schedule 13E-3, the Company shall provide Parent, Merger Sub and their counsel a reasonable opportunity to review in writing with any written comments (and comment on the Schedule 14D-9 or the Schedule 13E-3 or amendment or supplement or responseorally, and the Company shall give reasonable consideration to with any such oral comments. Unless the Offer has been terminated in accordance with the terms of this Agreement, in the event ) that the Company receives any comments or its counsel may receive from the SEC or its staff with respect to the Schedule 14D-9 or promptly after the Schedule 13E-3, then it shall use its commercially reasonable efforts to respond promptly to receipt of such comments.
(c) The Schedule 14D-9 shall also reflect that the Merger is governed by Section 251(h) of the DGCL and contain and constitute the notice to holders of Company Common Stock of the availability of appraisal rights in In connection with the Merger required to be delivered to such holders by Section 262(d) of Offer and the DGCL. The Merger, the Company shall set the record date for the holders of Company Common Stock to receive such notice of appraisal rights as the same date promptly as the Stockholder List Date and shall disseminate the Schedule 14D-9 including such notice of appraisal rights to such holders to the extent required by Section 262(d) of the DGCL providedreasonably practicable but, thatin any event, such record date will not be more than ten (10) calendar within two business days prior to after the date that the Schedule 14D-9 is first mailed. The Company hereby consents to the inclusion of the Company Board Recommendation in the Offer Documents andhereof, absent an Adverse Recommendation Change, to the inclusion of a copy of the Schedule 14D-9 with the Offer Documents mailed or furnished to the holders of Company Common Stock.
(d) The Company shallfurnish, or shall cause its transfer agent toto furnish, furnish Parent and Merger Sub and their agents promptly (and in any event within five (5) Business Days) after the date of this Agreement and from time to time thereafter as requested by Parent or Merger Sub with mailing labels containing the names and addresses of the all record holders of Company Common Stock Shares as of the latest a recent date and, as soon as practicable date and thereafter, of those persons becoming record holders subsequent to such date, together with copies of all lists of stockholdersShareholders, security position listings and computer files any non-objecting beneficial ownership lists, and all other information in the Company’s 's possession or control regarding the beneficial owners of Company Common Stock, in each case as of the latest date practicableShares, and shall promptly furnish to Parent and Merger Sub such other information and assistance (including periodically updated lists of stockholdersShareholders, security position listings and computer files) as Parent or Merger Sub or Parent may reasonably request in connection with the Offer. The date of the list of stockholders used to determine the Persons to whom communicating the Offer Documents and the Schedule 14D-9 are first disseminated is referred to as the “Stockholder List Date.” Shareholders. Subject to the requirements of applicable Lawlaw, and except for such steps as are necessary to disseminate the Offer Documents and any other documents necessary to consummate the Offer, the Merger Transactionsand the other transactions contemplated by this Agreement, Parent and Merger Sub shall hold in confidence pursuant to the Confidential Disclosure Agreement dated September 27, 2000 between Parent and their representatives shall use the Company (the "Confidentiality Agreement") the information contained in any such labels, listings and files only files, and shall use the information referred to in connection with this Section 1.2(c) solely for the purpose of communicating the Offer and disseminating any other documents necessary to consummate the Offer, the Merger Transactions, shall treat such information and materials in accordance with the terms and conditions of the Confidentiality Agreement, other transactions contemplated by this Agreement and, if this Agreement is shall be terminated, shall destroy promptly deliver to the Company all copies of such information then in their possession or under their control promptly upon the written request of the Companypossession.
Appears in 2 contracts
Samples: Merger Agreement (Minnesota Mining & Manufacturing Co), Merger Agreement (Minnesota Mining & Manufacturing Co)
Company Actions. (a) The Company hereby approves of Company, after affording Parent, Purchaser and consents their counsel a reasonable opportunity to the Offerreview and comment thereon and giving reasonable and good faith consideration to any comments made by Parent, the Merger and the other Merger Transactions and consents to the inclusion in the Offer Documents of the Company Board Recommendation.
Purchaser or their counsel, (bi) On the date the Offer Documents are filed shall file with the SEC, as promptly as practicable on the Company shall, concurrently with date of the filing by Parent and Purchaser of the Schedule TO, file with the SEC a Solicitation/Recommendation Statement on Schedule 14D-9 with respect to the Offer (together with all amendments and supplements thereto and including exhibits thereto, including, if applicable, a Rule 13E-3 transaction statement on Schedule 13E-3 (together with any amendments thereof or supplements thereto, the “Schedule 13E-3”), the “Schedule 14D-9”) containing, subject to an Adverse Change Recommendation being made by the Company pursuant to Section 5.35.4 prior to the time of filing such Schedule 14D-9, the Company Board Recommendation and (ii) shall cause disseminate the Schedule 14D-9 and the Schedule 13E-3 to be disseminated to the holders of Company Common Stock Company’s shareholders as and to the extent required by United States federal securities Laws, including Rule 14d-9 and Rule 13E-3 promulgated under the Exchange Act; provided, with respect to clause (i), in the event an Adverse Change Recommendation is made by the Company pursuant to Section 5.4 following the time the Schedule 14D-9 is disseminated to the Company’s shareholders, each of Parent and Purchaser shall take all steps necessary to amend or supplement the Schedule 14D-9 to correct such information and to cause the Schedule 14D-9 as so amended or supplemented to be filed with the SEC and disseminated to the holders of Shares, as applicable. Each of Parent Parent, Purchaser and Merger Sub shall promptly furnish or otherwise make available to the Company or the Company’s legal counsel upon request all information concerning Parent and Merger Sub that is required by the Exchange Act or other applicable Law to be set forth in the Schedule 14D-9 or the Schedule 13E-3 and all other information concerning Parent and Merger Sub that may be reasonably requested by the Company for inclusion in the Schedule 14D-9 or the Schedule 13E-3. Each of the Company, Parent, and Merger Sub shall promptly correct any information supplied provided by it or on its behalf for inclusion or incorporation by reference use in the Schedule 14D-9 or the Schedule 13E-3 if and to the extent that such information shall have become false or misleading in any material respect, and the Company shall take all steps necessary and use all reasonable efforts to promptly amend or supplement the Schedule 14D-9 or the Schedule 13E-3 and to cause the Schedule 14D-9 or the Schedule 13E-3 as so amended or supplemented to be filed with the SEC and disseminated to the holders of Company Common StockShares, in each case as soon as and to the extent required by Applicable Law or any applicable Law. rules or regulations of NASDAQ.
(b) The Company shall promptly notify agrees to provide Parent upon the receipt of and Purchaser with (i) any comments from the SECor other communications, whether written or any request from the SEC for amendments or supplementsoral, to the Schedule 14D-9 or the Schedule 13E-3, and shall promptly provide Parent with copies of all written correspondence and summaries of all material oral communications between the Company and its representatives, on the one hand, and the SEC, on the other hand. Prior to the filing of the Schedule 14D-9 or the Schedule 13E-3 and any amendment or supplement thereto (that does not contain or relate to an Adverse Recommendation Change) with the SEC or dissemination thereof to the holders of Company Common Stock, or responding to any comments of the SEC with respect to the Schedule 14D-9 or the Schedule 13E-3, the Company shall provide Parent, Merger Sub and their counsel a reasonable opportunity to review and comment on the Schedule 14D-9 or the Schedule 13E-3 or amendment or supplement or response, and the Company shall give reasonable consideration to any such comments. Unless the Offer has been terminated in accordance with the terms of this Agreement, in the event that the Company receives any comments may be received from the SEC or its staff with respect to the Schedule 14D-9 or the Schedule 13E-3promptly after receipt thereof and prior to responding thereto, then it and (ii) a reasonable opportunity to provide comments on that response (to which reasonable and good faith consideration shall use its commercially reasonable efforts to respond promptly to such commentsbe given).
(c) The Schedule 14D-9 shall also reflect that the Merger is governed by Section 251(h) of the DGCL and contain and constitute the notice to holders of Company Common Stock of the availability of appraisal rights in In connection with the Merger required to be delivered to such holders by Section 262(d) of the DGCL. The Company shall set the record date for the holders of Company Common Stock to receive such notice of appraisal rights as the same date as the Stockholder List Date and shall disseminate the Schedule 14D-9 including such notice of appraisal rights to such holders to the extent required by Section 262(d) of the DGCL providedOffer, that, such record date will not be more than ten (10) calendar days prior to the date that the Schedule 14D-9 is first mailed. The Company hereby consents to the inclusion of the Company Board Recommendation in the Offer Documents and, absent an Adverse Recommendation Change, to the inclusion of a copy of the Schedule 14D-9 with the Offer Documents mailed or furnished to the holders of Company Common Stock.
(d) The Company shall, or shall cause its transfer agent to, will promptly furnish Parent and Merger Sub and their agents promptly (and in any event within five (5) Business Days) after the date of this Agreement and from time to time thereafter as requested by Parent or Merger Sub Purchaser with mailing labels labels, security position listings, non-objecting beneficial owner lists and any available listing or computer list containing the names and addresses of the record holders of Company Common Stock the Shares as of the latest most recent practicable date and of those persons becoming record holders subsequent to such date, together and shall furnish Purchaser with copies of all such additional available information (including updated lists of stockholdersholders of Shares and their addresses, mailing labels and lists of security position listings positions and computer files any non-objecting beneficial ownership owner lists, ) and all other information in the Company’s possession or control regarding the beneficial owners of Company Common Stock, in each case as of the latest date practicable, and shall promptly furnish to Parent and Merger Sub such other information and assistance (including periodically updated lists of stockholders, security position listings and computer files) as Parent Purchaser or Merger Sub its agents may reasonably request in connection with the Offer. The date of the list of stockholders used to determine the Persons to whom communicating the Offer Documents to, and soliciting tenders of Shares from, the Schedule 14D-9 are first disseminated is referred to as the “Stockholder List Date.” Company’s record and beneficial shareholders. Subject to the requirements of applicable Applicable Law, and except for such steps as are necessary to disseminate the Offer Documents and any other documents necessary to consummate the Merger TransactionsMerger, Parent and Merger Sub Parent, Purchaser and their representatives Representatives shall keep such information confidential (and all such information shall be deemed Evaluation Material and be governed by the terms of the Confidentiality Agreement) and use the information contained in any such labels, listings and files only in connection with the Offer and the Merger Transactions, shall treat such information and materials in accordance with the terms and conditions of the Confidentiality Agreement, and, should the Offer terminate or if this Agreement is shall be terminated, shall will promptly destroy or deliver to the Company all copies of such information then in their possession or under their control promptly upon the written request of the Companypossession.
Appears in 2 contracts
Samples: Merger Agreement (Lojack Corp), Merger Agreement (CalAmp Corp.)
Company Actions. (a) The Company hereby approves Schedule 14D-9. As promptly as practicable on the date of and consents to commencement of the Offer, following the Merger and the other Merger Transactions and consents to the inclusion in the Offer Documents filing of the Company Board Recommendation.
Schedule TO (b) On the date the Offer Documents are filed with the SEC, the Company shall, concurrently with and in any event within three business days after the filing of the Schedule TO), the Company shall (1) file with the SEC and disseminate to holders of Shares, in each case as and to the extent required by applicable federal securities laws, a Tender Offer Solicitation/Recommendation Statement on Schedule 14D-9 with respect to the Offer (together with all amendments and supplements thereto and including exhibits thereto, including, if applicable, a Rule 13E-3 transaction statement on Schedule 13E-3 (together with any exhibits, amendments thereof or supplements thereto, the “Schedule 13E-3”), the “Schedule 14D-9”) containingthat, subject to Section 5.36.1(b), shall reflect the Company Board Recommendation and shall include the fairness opinions of the Company’s financial advisors referenced in Section 3.23 and the notice and other information required by Section 262(d)(2) of the DGCL and (2) cause the Schedule 14D-9 and the Schedule 13E-3 related documents to be disseminated to the holders of Company Common Stock Shares as and to the extent required by United States federal securities Lawsapplicable Legal Requirements, including Rule 14d-9 and Rule 13E-3 under by setting the Exchange Act. Each Stockholder List Date as the record date for purposes of Parent and Merger Sub shall promptly furnish or otherwise make available to receiving the Company or the Company’s legal counsel upon request all information concerning Parent and Merger Sub that is notice required by Section 262(d)(2) of the DGCL. The Company agrees that it shall cause the Schedule 14D-9 (i) to comply in all material respects with the Exchange Act or and other applicable Law Legal Requirements and (ii) to not contain any untrue statement of a material fact or omit to state any material fact required to be set forth stated therein or necessary in order to make the Schedule 14D-9 or statements therein, in light of the Schedule 13E-3 and all other information concerning Parent and Merger Sub circumstances under which they were made, not misleading; provided, however, that may be reasonably requested no covenant is made by the Company for inclusion in the Schedule 14D-9 or the Schedule 13E-3. Each of the Company, Parent, and Merger Sub shall promptly correct any with respect to information supplied by it or on its behalf of Parent or Purchaser for inclusion or incorporation by reference in the Schedule 14D-9 14D-9. Each of Parent, Purchaser and the Company agrees to respond promptly to any comments of the SEC or its staff and to promptly correct any information provided by it for use in the Schedule 13E-3 14D-9 if and to the extent that such information shall have become false or misleading in any material respect, and the Company shall further agrees to take all steps necessary and use all reasonable efforts to promptly amend or supplement the Schedule 14D-9 or the Schedule 13E-3 and to cause the Schedule 14D-9 or the Schedule 13E-3 as so amended or supplemented corrected to be filed with the SEC and to be disseminated to the holders of Company Common StockShares, in each case as soon as and to the extent required by applicable Lawfederal securities laws. The Company Parent and Purchaser shall promptly notify Parent upon the receipt of any comments from the SEC, furnish or any request from the SEC for amendments or supplements, otherwise make available to the Schedule 14D-9 Company or the Schedule 13E-3, and shall promptly provide Company’s legal counsel all information concerning Parent or Purchaser that may be required or reasonably requested in connection with copies of all written correspondence and summaries of all material oral communications between the Company any action contemplated by this Section 1.2(a). Parent and its representatives, on the one hand, and the SEC, on the other hand. Prior to the filing of the Schedule 14D-9 or the Schedule 13E-3 and any amendment or supplement thereto (that does not contain or relate to an Adverse Recommendation Change) with the SEC or dissemination thereof to the holders of Company Common Stock, or responding to any comments of the SEC with respect to the Schedule 14D-9 or the Schedule 13E-3, the Company counsel shall provide Parent, Merger Sub and their counsel a be given reasonable opportunity to review and comment on the Schedule 14D-9 (including any response to any comments (including oral comments) of the SEC or its staff with respect thereto) prior to the Schedule 13E-3 or amendment or supplement or response, filing thereof with the SEC and the Company shall give reasonable consideration to any such comments made by Parent or its counsel. The Company agrees to provide Parent and its counsel with any comments (including oral comments. Unless the Offer has been terminated in accordance with the terms of this Agreement, in the event that ) the Company receives any comments or its counsel may receive from the SEC or its staff with respect to the Schedule 14D-9 or the Schedule 13E-3, then it promptly after receipt of those comments (including oral comments). The Company shall use its commercially reasonable best efforts to respond promptly to such any comments (including oral comments.
(c) The Schedule 14D-9 shall also reflect that the Merger is governed by Section 251(h) of the DGCL and contain and constitute the notice SEC or its staff with respect to holders of Company Common Stock of the availability of appraisal rights in connection with the Merger required to be delivered to such holders by Section 262(d) of the DGCL. The Company shall set the record date for the holders of Company Common Stock to receive such notice of appraisal rights as the same date as the Stockholder List Date and shall disseminate the Schedule 14D-9 including such notice of appraisal rights to such holders to the extent required by Section 262(d) of the DGCL provided, that, such record date will not be more than ten (10) calendar days prior to the date that the Schedule 14D-9 is first mailed. The Company hereby consents to the inclusion of the Company Board Recommendation in the Offer Documents and, absent an Adverse Recommendation Change, to the inclusion of a copy of the Schedule 14D-9 with the Offer Documents mailed or furnished to the holders of Company Common Stock14D-9.
(d) The Company shall, or shall cause its transfer agent to, furnish Parent and Merger Sub and their agents promptly (and in any event within five (5) Business Days) after the date of this Agreement and from time to time thereafter as requested by Parent or Merger Sub with mailing labels containing the names and addresses of the record holders of Company Common Stock as of the latest practicable date and of those persons becoming record holders subsequent to such date, together with copies of all lists of stockholders, security position listings and computer files any non-objecting beneficial ownership lists, and all other information in the Company’s possession or control regarding the beneficial owners of Company Common Stock, in each case as of the latest date practicable, and shall promptly furnish to Parent and Merger Sub such other information and assistance (including periodically updated lists of stockholders, security position listings and computer files) as Parent or Merger Sub may reasonably request in connection with the Offer. The date of the list of stockholders used to determine the Persons to whom the Offer Documents and the Schedule 14D-9 are first disseminated is referred to as the “Stockholder List Date.” Subject to the requirements of applicable Law, and except for such steps as are necessary to disseminate the Offer Documents and any other documents necessary to consummate the Merger Transactions, Parent and Merger Sub and their representatives shall use the information contained in any such labels, listings and files only in connection with the Merger Transactions, shall treat such information and materials in accordance with the terms and conditions of the Confidentiality Agreement, and, if this Agreement is terminated, shall destroy all copies of such information then in their possession or under their control promptly upon the written request of the Company.
Appears in 2 contracts
Samples: Merger Agreement (Allergan PLC), Agreement and Plan of Merger (Tobira Therapeutics, Inc.)
Company Actions. (a) The Subject to Section 5.2 and to any consents or approvals of the Company’s stockholders required under applicable Law, the Company hereby approves of and consents to the Offer, the Merger and the other Merger Transactions and consents to the inclusion in the Offer Documents of the Company Board Recommendationtransactions contemplated hereby.
(b) On the date the Offer Documents are filed with the SECis commenced, the Company shall, concurrently in a manner that complies with Rule 14d-9 under the filing of the Schedule TOExchange Act, file with the SEC a Tender Offer Solicitation/Recommendation Statement on Schedule 14D-9 with respect to the Offer (together with all amendments amendments, supplements and supplements thereto and including exhibits thereto, including, if applicable, a Rule 13E-3 transaction statement on Schedule 13E-3 (together with any amendments thereof or supplements thereto, the “Schedule 13E-3”), the “Schedule 14D-9”) containingwhich shall, subject to the provisions of Section 5.35.2, contain the recommendation and the approval of the Company Board Recommendation and shall of Directors referred to in Section 3.20(a). The Company further agrees to take all steps necessary to cause the Schedule 14D-9 and the Schedule 13E-3 to be filed with the SEC and disseminated to the holders of shares of Company Common Stock Capital Stock, in each case as and to the extent required by United States applicable federal securities Lawslaws. The Company, including Rule 14d-9 on the one hand, and Rule 13E-3 under the Exchange Act. Each of Parent and Merger Sub shall Sub, on the other hand, agree to promptly furnish or otherwise make available to the Company or the Company’s legal counsel upon request all correct any information concerning Parent and Merger Sub that is required provided by the Exchange Act or other applicable Law to be set forth it for use in the Schedule 14D-9 or the Schedule 13E-3 and all other information concerning Parent and Merger Sub that may be reasonably requested by the Company for inclusion in the Schedule 14D-9 or the Schedule 13E-3. Each of the Company, Parent, and Merger Sub shall promptly correct any information supplied by it or on its behalf for inclusion or incorporation by reference in the Schedule 14D-9 or the Schedule 13E-3 if and to the extent that such information it shall have become false or misleading in any material respect, and the respect or as otherwise required by Law. The Company shall agrees to take all steps necessary and use all reasonable efforts to promptly amend or supplement the Schedule 14D-9 or the Schedule 13E-3 and to cause the Schedule 14D-9 or the Schedule 13E-3 as so amended or supplemented corrected to be filed with the SEC and disseminated to the holders of the shares of Company Common Capital Stock, in each case as soon as and to the extent required by applicable Lawfederal securities laws. The Company Parent and Sub shall promptly notify Parent upon be given the receipt of any comments from the SEC, or any request from the SEC for amendments or supplements, to the Schedule 14D-9 or the Schedule 13E-3, and shall promptly provide Parent with copies of all written correspondence and summaries of all material oral communications between the Company and its representatives, on the one hand, and the SEC, on the other hand. Prior to the filing of the Schedule 14D-9 or the Schedule 13E-3 and any amendment or supplement thereto (that does not contain or relate to an Adverse Recommendation Change) with the SEC or dissemination thereof to the holders of Company Common Stock, or responding to any comments of the SEC with respect to the Schedule 14D-9 or the Schedule 13E-3, the Company shall provide Parent, Merger Sub and their counsel a reasonable opportunity to review and comment on the Schedule 14D-9 or and any amendment thereto before filing with the Schedule 13E-3 or amendment or supplement or responseSEC. In addition, and the Company shall give reasonable consideration agrees to provide Parent and Sub any such comments. Unless the Offer has been terminated in accordance with the terms of this Agreement, in the event whether written or oral, that the Company receives any comments or its counsel may receive from time to time from the SEC or its staff with respect to the Schedule 14D-9 or the Schedule 13E-3, then it shall use its commercially reasonable efforts to respond promptly to after receipt of such comments, and to consult with Parent, Sub and their counsel prior to responding to any such comments, either in written or oral form.
(c) The Schedule 14D-9 shall also reflect that the Merger is governed by Section 251(h) of the DGCL and contain and constitute the notice to holders of Company Common Stock of the availability of appraisal rights in In connection with the Merger required Offer, the Company shall promptly furnish or cause to be delivered to such holders by Section 262(d) of the DGCL. The Company shall set the record date for the holders of Company Common Stock to receive such notice of appraisal rights as the same date as the Stockholder List Date and shall disseminate the Schedule 14D-9 including such notice of appraisal rights to such holders to the extent required by Section 262(d) of the DGCL provided, that, such record date will not be more than ten (10) calendar days prior to the date that the Schedule 14D-9 is first mailed. The Company hereby consents to the inclusion of the Company Board Recommendation in the Offer Documents and, absent an Adverse Recommendation Change, to the inclusion of a copy of the Schedule 14D-9 with the Offer Documents mailed or furnished to the holders of Company Common Stock.
(d) The Company shall, or shall cause its transfer agent to, furnish Parent and Merger Sub and their agents promptly (and in any event within five (5) Business Days) after the date of this Agreement and from time to time thereafter as requested by Parent or Merger Sub with mailing labels labels, security position listings and all available listings and computer files containing the names and addresses of the record holders of the shares of Company Common Capital Stock as of the latest practicable date a recent date, and of those persons becoming record holders subsequent to such date, together with copies of all lists of stockholders, security position listings and computer files any non-objecting beneficial ownership lists, and all other information in the Company’s possession or control regarding the beneficial owners of Company Common Stock, in each case as of the latest date practicable, and shall promptly furnish to Parent and Merger or Sub with such other information and assistance (including periodically updated including, but not limited to, lists of stockholdersholders of the shares of Company Capital Stock, updated periodically, and their addresses, mailing labels and lists of security position listings and computer filespositions) as Parent or Merger Sub or its agent(s) may reasonably request in connection with the Offerrequest. The date of the list of stockholders used to determine the Persons to whom the Offer Documents and the Schedule 14D-9 are first disseminated is referred to as the “Stockholder List Date.” Subject to the requirements of applicable Law, such information shall be held confidential by Parent and except for such Sub under the terms of the confidentiality agreement, dated April 27, 2007 entered into between Parent and the Company (as amended, the “Confidentiality Agreement”). For the avoidance of doubt, the parties agree that the Confidentiality Agreement does not restrict steps as are necessary to prepare, file or disseminate the Offer Documents and any other documents necessary to consummate the Merger Transactions, Parent and Merger Sub and their representatives shall use the information contained in any such labels, listings and files only in connection with the Merger Transactions, shall treat such information and materials in accordance with the terms and conditions of the Confidentiality Agreement, and, if this Agreement is terminated, shall destroy all copies of such information then in their possession or under their control promptly upon the written request of the Company.transactions contemplated hereby
Appears in 2 contracts
Samples: Merger Agreement (Bioenvision Inc), Merger Agreement (Genzyme Corp)
Company Actions. (a) The Subject to Section 5.02(d), the Company hereby approves of and consents to the OfferOffer and Merger contemplated by this Agreement (collectively, the Merger and the other Merger Transactions and consents to the inclusion in the Offer Documents of the Company Board Recommendation“Transactions”).
(b) On the date the Offer Documents are filed with the SEC, the Company shall, concurrently with the filing of the Schedule TO, shall file with the SEC a Solicitation/Recommendation Statement on Schedule 14D-9 with respect to the Offer (together with all amendments such Schedule 14D-9, as amended and supplements thereto and including exhibits thereto, including, if applicable, a Rule 13E-3 transaction statement on Schedule 13E-3 (together with any amendments thereof or supplements thereto, the “Schedule 13E-3”)supplemented from time-to-time, the “Schedule 14D-9”) containing), subject describing the recommendations referred to in Section 5.33.04(b), the Company Board Recommendation or any permitted withdrawal or modification in accordance with Section 5.02(b), and shall cause mail the Schedule 14D-9 and the Schedule 13E-3 to be disseminated to the Company’s shareholders. The Schedule 14D-9 shall include the unanimous recommendation of the Board that the holders of shares of Company Common Stock as and accept the Offer, tender their shares to Sub pursuant to the extent required by United States federal securities Laws, including Rule 14d-9 Offer and Rule 13E-3 under the Exchange Act. Each of Parent approve and Merger Sub shall promptly furnish or otherwise make available to the Company or the Company’s legal counsel upon request all information concerning Parent and Merger Sub that is required by the Exchange Act or other applicable Law to be set forth in the Schedule 14D-9 or the Schedule 13E-3 and all other information concerning Parent and Merger Sub that may be reasonably requested by the Company for inclusion in the Schedule 14D-9 or the Schedule 13E-3adopt this Agreement. Each of the Company, Parent, Parent and Merger Sub shall promptly correct any information supplied provided by it or on its behalf for inclusion or incorporation by reference use in the Schedule 14D-9 or the Schedule 13E-3 if and to the extent that such information shall have become false or misleading in any material respect, and the Company shall take all steps necessary and use all reasonable efforts to promptly amend or supplement the Schedule 14D-9 or the Schedule 13E-3 and to cause the Schedule 14D-9 or the Schedule 13E-3 14D-9, as so amended or supplemented supplemented, to be filed with the SEC and disseminated to the holders of Company Common StockCompany’s shareholders, in each case as soon as and to the extent required by applicable Lawfederal securities laws. The Company shall promptly notify give Parent upon the receipt of any comments from the SEC, or any request from the SEC for amendments or supplements, to the Schedule 14D-9 or the Schedule 13E-3, and shall promptly provide Parent with copies of all written correspondence and summaries of all material oral communications between the Company and its representatives, on the one hand, and the SEC, on the other hand. Prior to the filing of the Schedule 14D-9 or the Schedule 13E-3 and any amendment or supplement thereto (that does not contain or relate to an Adverse Recommendation Change) with the SEC or dissemination thereof to the holders of Company Common Stock, or responding to any comments of the SEC with respect to the Schedule 14D-9 or the Schedule 13E-3, the Company shall provide Parent, Merger Sub and their counsel a “reasonable opportunity opportunity” to review and comment on the Schedule 14D-9 prior to its being filed with the SEC or disseminated to the Schedule 13E-3 or amendment or supplement or response, shareholders of the Company. The Company shall provide Parent and its counsel with any comments the Company shall give reasonable consideration to any such comments. Unless the Offer has been terminated or its counsel may receive in accordance with the terms of this Agreement, in the event that the Company receives any comments writing from the SEC or its staff with respect to the Schedule 14D-9 or promptly after the Schedule 13E-3, then it receipt of such comments and shall use its commercially provide Parent and Sub and their counsel with a “reasonable efforts opportunity” to respond promptly participate in the response of the Company to such comments.
(c) The Schedule 14D-9 shall also reflect that the Merger is governed by Section 251(h) of the DGCL and contain and constitute the notice to holders of Company Common Stock of the availability of appraisal rights in In connection with the Merger required to be delivered to such holders by Section 262(d) of the DGCL. The Company shall set the record date for the holders of Company Common Stock to receive such notice of appraisal rights as the same date as the Stockholder List Date and shall disseminate the Schedule 14D-9 including such notice of appraisal rights to such holders to the extent required by Section 262(d) of the DGCL providedOffer, that, such record date will not be more than ten (10) calendar days prior to the date that the Schedule 14D-9 is first mailed. The Company hereby consents to the inclusion of the Company Board Recommendation in the Offer Documents and, absent an Adverse Recommendation Change, to the inclusion of a copy of the Schedule 14D-9 with the Offer Documents mailed or furnished to the holders of Company Common Stock.
(d) The Company shall, or shall cause its transfer agent to, to promptly furnish Parent and Merger Sub and their agents promptly (and in any event within five (5) Business Days) after the date of this Agreement and from time to time thereafter as requested by Parent or Merger Sub with mailing labels containing the names and addresses of record of the record holders of Company Common Stock Company’s shareholders as of the latest practicable a recent date and of those persons becoming record holders subsequent to such date, together with copies of all lists of stockholdersshareholders, security position listings and computer files any non-objecting beneficial ownership lists, and all other information as Sub may reasonably request in the Company’s possession or control regarding the beneficial owners of Company Common Stock, in each case as of the latest date practicable, and shall promptly furnish to Parent and Merger Sub such other information and assistance (including periodically updated lists of stockholdersshareholders, security position listings and computer files) as Parent or Merger Sub may reasonably request in connection with the Offer. The date of the list of stockholders used to determine the Persons to whom communicating the Offer Documents and to the Schedule 14D-9 are first disseminated is referred to as the “Stockholder List Date.” Company’s shareholders. Subject to the requirements of applicable LawLegal Requirements, and except for such steps as are necessary to disseminate the Offer Documents and any other documents necessary to consummate the Merger Transactions, Parent and Merger Sub and their representatives shall use hold in confidence pursuant to the Confidentiality Agreement (as defined in Section 6.01) the information contained in any such labels, listings and files only in connection with the Merger Transactionsfiles, shall treat use such information only for the purpose of communicating the Offer and materials in accordance with disseminating any other documents necessary to consummate the terms Offer and conditions of the Confidentiality Agreement, Merger and, if this Agreement is shall be terminated, shall destroy shall, upon request, deliver to the Company all copies of such information then in their possession or under their control promptly upon the written request of the Companypossession.
Appears in 2 contracts
Samples: Merger Agreement (Globalive Communications Corp.), Merger Agreement (Yak Communications Inc)
Company Actions. (a) The Company hereby approves of and consents to Schedule 14D-9. Concurrently with or as soon as reasonably practicable on the Offer, the Merger and the other Merger Transactions and consents to the inclusion in the Offer Documents date of the Company Board Recommendation.
(b) On filing of the date the Offer Documents are filed Schedule TO with the SEC, the Company shall, concurrently with the filing of the Schedule TO, shall (i) file with the SEC a Solicitation/Recommendation Statement on Schedule 14D-9 with respect to the Offer (together with all amendments and supplements thereto such Schedule 14D-9, as amended or supplemented from time to time and including any exhibits thereto, including, if applicable, a Rule 13E-3 transaction statement on Schedule 13E-3 (together with any amendments thereof or supplements thereto, the “Schedule 13E-3”), the “Schedule 14D-9”) containingand, subject to unless previously withdrawn in accordance with Section 5.36.2(d) or Section 6.2(e), shall include in the Schedule 14D-9, the Board Recommendation. The Company Board Recommendation shall (i) include in the Schedule 14D-9 a notice of appraisal rights required to be delivered by the Company under 262(d)(2) of the DGCL and shall (ii) cause the Schedule 14D-9 and the Schedule 13E-3 to be disseminated to the holders of Company Common Stock Shares as and to the extent required by United States federal securities Laws, including Rule 14d-9 and Rule 13E-3 promulgated under the Exchange ActAct and any other Applicable Law, including by setting the Stockholder List Date as the record date for purposes of receiving the notice required by Section 262(d)(2) of the DGCL. Each of Parent and Merger Sub shall promptly furnish or otherwise make available to the Company or the Company’s legal counsel upon request with all information concerning Parent and Merger Sub that is required by the Exchange Act or other applicable Law to be set forth in the Schedule 14D-9 or the Schedule 13E-3 14D-9, and all other information concerning Parent and Merger Sub that may be as reasonably requested by the Company for inclusion in the Schedule 14D-9 or 14D-9. The Company shall cause the Schedule 13E-3. Each 14D-9 to comply in all material respects with the requirements of Applicable Law and, on the date first filed with the SEC and on the date first published, sent or given to the holders of Shares, not to contain any untrue statement of a material fact or omit to state any material fact required to be stated therein or necessary in order to make the statements therein, in light of the Companycircumstances under which they were made, Parentnot misleading, and Merger Sub shall promptly correct any except that no representation, warranty or covenant is made by the Company with respect to information supplied by it or on its the behalf of Parent or Merger Sub in writing specifically for inclusion or incorporation by reference in the Schedule 14D-9 or 14D-9. Each of the Company, Parent and Merger Sub shall promptly correct any information provided by it for use in the Schedule 13E-3 14D-9 if and to the extent that such information shall have become false or misleading in any material respect, and the Company shall take all steps necessary and use all reasonable efforts to promptly amend or supplement the Schedule 14D-9 or the Schedule 13E-3 and to cause the Schedule 14D-9 or the Schedule 13E-3 as so amended or supplemented to be filed with the SEC and disseminated to the holders of Company Common StockShares, in each case as soon as and to the extent required by applicable Applicable Law. The Company shall promptly notify Parent upon the receipt of any comments from the SEC, or any request from the SEC for amendments or supplements, to the Schedule 14D-9 or the Schedule 13E-3, and shall promptly provide Parent with copies of all written correspondence and summaries of all material oral communications between the Company and its representatives, on the one hand, and the SEC, on the other hand. Prior to the filing of the Schedule 14D-9 or the Schedule 13E-3 and any amendment or supplement thereto (that does not contain or relate to an Adverse Recommendation Change) with the SEC or dissemination thereof to the holders of Company Common Stock, or responding to any comments of the SEC with respect to the Schedule 14D-9 or the Schedule 13E-3, the Company counsel shall provide Parent, Merger Sub and their counsel be given a reasonable opportunity to review and comment on upon the Schedule 14D-9 and any amendments and supplements thereto prior to filing such documents with the SEC or dissemination of such documents to the Schedule 13E-3 or amendment or supplement or response, stockholders of the Company and the Company shall give reasonable and good faith consideration to any comments made by Parent and its counsel; provided, however, that the Company need not give Parent and its counsel such comments. Unless opportunity to review and comment in connection with any amendment or supplement to the Offer has been terminated Schedule 14D-9 that relates to any Change in Recommendation made in accordance with the terms of this Agreement, in the event Section 6.2(d). The Company shall (A) provide Parent and its counsel any written comments that the Company receives any comments or its counsel may receive from the SEC or its staff with respect to the Schedule 14D-9 or promptly after the Schedule 13E-3receipt of such comments (and shall give Parent and its counsel prompt telephonic notice of any oral comments received from the SEC staff), then it shall use (B) provide Parent and its commercially counsel a reasonable efforts opportunity to respond promptly review and comment upon the proposed responses to any such comments.
comments and a copy of any proposed written responses thereto prior to the filing thereof and (cC) The Schedule 14D-9 shall also reflect give reasonable and good faith consideration to any comments timely made by Parent and its counsel on any such proposed responses; provided, however, that the Merger is governed by Section 251(h) of the DGCL Company need not give Parent and contain its counsel such opportunity to review and constitute the notice to holders of Company Common Stock of the availability of appraisal rights comment in connection with the Merger required any such response or comments that relates to be delivered to such holders by any Change in Recommendation made in accordance with Section 262(d) of the DGCL6.2(d). The Company shall set respond promptly to any comments of the record date for the holders of Company Common Stock SEC or its staff with respect to receive such notice of appraisal rights as the same date as the Stockholder List Date and shall disseminate the Schedule 14D-9 including such notice of appraisal rights to such holders to the extent required by Section 262(d) of the DGCL provided, that, such record date will not be more than ten (10) calendar days prior to the date that the Schedule 14D-9 is first mailed. The Company hereby consents to the inclusion of the Company Board Recommendation in the Offer Documents and, absent an Adverse Recommendation Change, to the inclusion of a copy of the Schedule 14D-9 with the Offer Documents mailed or furnished to the holders of Company Common Stock14D-9.
(d) The Company shall, or shall cause its transfer agent to, furnish Parent and Merger Sub and their agents promptly (and in any event within five (5) Business Days) after the date of this Agreement and from time to time thereafter as requested by Parent or Merger Sub with mailing labels containing the names and addresses of the record holders of Company Common Stock as of the latest practicable date and of those persons becoming record holders subsequent to such date, together with copies of all lists of stockholders, security position listings and computer files any non-objecting beneficial ownership lists, and all other information in the Company’s possession or control regarding the beneficial owners of Company Common Stock, in each case as of the latest date practicable, and shall promptly furnish to Parent and Merger Sub such other information and assistance (including periodically updated lists of stockholders, security position listings and computer files) as Parent or Merger Sub may reasonably request in connection with the Offer. The date of the list of stockholders used to determine the Persons to whom the Offer Documents and the Schedule 14D-9 are first disseminated is referred to as the “Stockholder List Date.” Subject to the requirements of applicable Law, and except for such steps as are necessary to disseminate the Offer Documents and any other documents necessary to consummate the Merger Transactions, Parent and Merger Sub and their representatives shall use the information contained in any such labels, listings and files only in connection with the Merger Transactions, shall treat such information and materials in accordance with the terms and conditions of the Confidentiality Agreement, and, if this Agreement is terminated, shall destroy all copies of such information then in their possession or under their control promptly upon the written request of the Company.
Appears in 2 contracts
Samples: Merger Agreement (Goldfield Corp), Merger Agreement (Goldfield Corp)
Company Actions. (a) The Subject to Section 5.02(b), the Company hereby approves of and consents to the Offer, the Merger and the other Merger Transactions and consents to transactions contemplated by this Agreement (collectively, the inclusion in the Offer Documents of the Company Board Recommendation"Transactions").
(b) On the date the Offer Documents are filed with the SEC, the Company shall, concurrently with the filing of the Schedule TO, shall file with the SEC a Solicitation/Recommendation Statement on Schedule 14D-9 with respect to the Offer (together with all amendments such Schedule 14D-9, as amended and supplements thereto and including exhibits thereto, including, if applicable, a Rule 13E-3 transaction statement on Schedule 13E-3 (together with any amendments thereof or supplements theretosupplemented from time to time, the “"Schedule 13E-3”14D-9"), describing the “Schedule 14D-9”) containingrecommendations referred to in Section 3.04(b), subject to or any permitted withdrawal or modification in accordance with Section 5.35.02(b), the Company Board Recommendation and shall cause mail the Schedule 14D-9 and the Schedule 13E-3 to be disseminated to the holders of Company Common Stock as and to the extent required by United States federal securities Laws, including Rule 14d-9 and Rule 13E-3 under the Exchange Act. Each of Parent and Merger Sub shall promptly furnish or otherwise make available to the Company or the Company’s legal counsel upon request all information concerning Parent and Merger Sub that is required by the Exchange Act or other applicable Law to be set forth in the Schedule 14D-9 or the Schedule 13E-3 and all other information concerning Parent and Merger Sub that may be reasonably requested by the Company for inclusion in the Schedule 14D-9 or the Schedule 13E-3Stock. Each of the Company, Parent, Parent and Merger Sub shall promptly correct any information supplied provided by it or on its behalf for inclusion or incorporation by reference use in the Schedule 14D-9 or the Schedule 13E-3 if and to the extent that such information shall have become false or misleading in any material respect, and the Company shall take all steps necessary and use all reasonable efforts to promptly amend or supplement the Schedule 14D-9 or the Schedule 13E-3 and to cause the Schedule 14D-9 or the Schedule 13E-3 as so amended or supplemented to be filed with the SEC and disseminated to the holders of Company Common StockCompany's stockholders, in each case as soon as and to the extent required by applicable LawFederal securities laws. The Company shall promptly notify provide Parent upon the receipt of and its counsel in writing with any comments from the SEC, or any request from the SEC for amendments or supplements, to the Schedule 14D-9 or the Schedule 13E-3, and shall promptly provide Parent with copies of all written correspondence and summaries of all material oral communications between the Company and or its representatives, on the one hand, and the SEC, on the other hand. Prior to the filing of the Schedule 14D-9 or the Schedule 13E-3 and any amendment or supplement thereto (that does not contain or relate to an Adverse Recommendation Change) with the SEC or dissemination thereof to the holders of Company Common Stock, or responding to any comments of the SEC with respect to the Schedule 14D-9 or the Schedule 13E-3, the Company shall provide Parent, Merger Sub and their counsel a reasonable opportunity to review and comment on the Schedule 14D-9 or the Schedule 13E-3 or amendment or supplement or response, and the Company shall give reasonable consideration to any such comments. Unless the Offer has been terminated in accordance with the terms of this Agreement, in the event that the Company receives any comments may receive from the SEC or its staff with respect to the Schedule 14D-9 or promptly after the Schedule 13E-3, then it shall use its commercially reasonable efforts to respond promptly to receipt of such comments.
(c) The Schedule 14D-9 shall also reflect that the Merger is governed by Section 251(h) of the DGCL and contain and constitute the notice to holders of Company Common Stock of the availability of appraisal rights in In connection with the Merger required to be delivered to such holders by Section 262(d) of the DGCL. The Company shall set the record date for the holders of Company Common Stock to receive such notice of appraisal rights as the same date as the Stockholder List Date and shall disseminate the Schedule 14D-9 including such notice of appraisal rights to such holders to the extent required by Section 262(d) of the DGCL providedOffer, that, such record date will not be more than ten (10) calendar days prior to the date that the Schedule 14D-9 is first mailed. The Company hereby consents to the inclusion of the Company Board Recommendation in the Offer Documents and, absent an Adverse Recommendation Change, to the inclusion of a copy of the Schedule 14D-9 with the Offer Documents mailed or furnished to the holders of Company Common Stock.
(d) The Company shall, or shall cause its transfer agent to, to promptly furnish Parent and Merger Sub and their agents promptly (and in any event within five (5) Business Days) after the date of this Agreement and from time to time thereafter as requested by Parent or Merger Sub with mailing labels containing the names and addresses of the record holders of Company Common Stock as of the latest practicable a recent date and of those persons becoming record holders subsequent to such date, together with copies of all lists of stockholders, security position listings and computer files any non-objecting beneficial ownership lists, and all other information as Sub may reasonably request in the Company’s 's possession or control regarding the beneficial owners of Company Common Stock, in each case as of the latest date practicable, and shall promptly furnish to Parent and Merger Sub such other information and assistance (including periodically updated lists of stockholders, security position listings and computer files) as Parent or Merger Sub may reasonably request in connection with the Offer. The date of the list of stockholders used to determine the Persons to whom communicating the Offer Documents and to the Schedule 14D-9 are first disseminated is referred to as the “Stockholder List Date.” Company's stockholders. Subject to the requirements of applicable LawLaw (as defined in Section 3.05), and except for such steps as are necessary to disseminate the Offer Documents and any other documents necessary to consummate the Merger Transactions, Parent and Merger Sub and their representatives shall use hold in confidence pursuant to the Confidentiality Agreement (as defined in Section 6.02) the information contained in any such labels, listings and files files, shall use such information only in connection with for the purpose of communicating the Offer and disseminating any other documents necessary to consummate the Offer, the Merger Transactions, shall treat such information and materials in accordance with the terms and conditions of the Confidentiality Agreement, other Transactions and, if this Agreement is shall be terminated, shall destroy shall, upon request, deliver to the Company all copies of such information then in their possession or under their control promptly upon the written request of the Companypossession.
Appears in 2 contracts
Samples: Merger Agreement (National Vision Inc), Merger Agreement (Forrester Research Inc)
Company Actions. (a) The Company hereby approves of and consents to the Offer, the Merger and the other Merger Transactions and consents to the inclusion in the Offer Documents of the Company Board Recommendation.
(b) On the date the Offer Documents are filed with the SEC, the Company shall, concurrently with the filing of the Schedule TO, shall file with the SEC a Solicitation/Recommendation Statement on Schedule 14D-9 with respect to the Offer (together with all amendments and supplements thereto and including exhibits theretosuch Schedule 14D-9, includingas amended from time to time, if applicable, a Rule 13E-3 transaction statement on Schedule 13E-3 (together with any exhibits, amendments thereof or supplements thereto, the “Schedule 13E-314D-9”), the “Schedule 14D-9”) containing, subject to Section 5.3, including a description of the Company Board Recommendation (subject to Section 5.02(f) and (g)) and shall cause disseminate the Schedule 14D-9 and the Schedule 13E-3 to be disseminated to the holders of Company Common Stock Stock, as and to the extent required by United States applicable U.S. federal securities Laws, including Rule 14d-9 Law. The Schedule 14D-9 shall also contain the notice of appraisal rights required to be delivered by the Company under Section 262(d) of the DGCL at the time the Company first files the Schedule 14D-9 with the SEC and Rule 13E-3 under the Exchange Act. Each of fairness opinion delivered by Evercore Group L.L.C. Parent and Merger Sub shall promptly furnish or otherwise make available to the Company or the Company’s legal counsel upon request all information concerning Parent and Merger Sub that is required by the Exchange Act or other applicable Law to be set forth in the Schedule 14D-9 or the Schedule 13E-3 and all other information concerning Parent and Merger Sub that may be reasonably requested by the Company for inclusion in the Schedule 14D-9 or the Schedule 13E-314D-9. Each of the Company, Parent, Parent and Merger Sub shall promptly correct any information supplied provided by it or on its behalf for inclusion or incorporation by reference use in the Schedule 14D-9 or the Schedule 13E-3 if and to the extent that such information shall have become false or misleading in any material respect, and to correct any material omissions therefrom, and the Company shall take all steps necessary and use all reasonable efforts to promptly amend or supplement the Schedule 14D-9 or the Schedule 13E-3 and to cause the Schedule 14D-9 or the Schedule 13E-3 14D-9, as so amended or supplemented supplemented, to be filed with the SEC and disseminated to the holders of Company Common Stock, in each case as soon as and to the extent required by applicable Law. The Company shall promptly notify provide Parent upon the receipt and its counsel with copies of any comments from written comments, and shall inform Parent and its counsel of any oral comments, that the SEC, Company or any request its counsel may receive from the SEC for amendments or supplements, its staff with respect to the Schedule 14D-9 or promptly after the Schedule 13E-3receipt of such comments. Except from and after an Adverse Recommendation Change, and shall promptly provide Parent with copies of all written correspondence and summaries of all material oral communications between the Company and its representatives, on the one hand, and the SEC, on the other hand. Prior prior to the filing of the Schedule 14D-9 or the Schedule 13E-3 and (including any amendment or supplement thereto (that does not contain or relate to an Adverse Recommendation Changethereto) with the SEC or the dissemination thereof to the holders of Company Common Stock, or responding to any comments of the SEC or its staff with respect to the Schedule 14D-9 or the Schedule 13E-314D-9, the Company shall (x) provide Parent, Merger Sub Parent and their its counsel a reasonable opportunity to review and comment on the such Schedule 14D-9 or the Schedule 13E-3 or amendment or supplement or response, response (it being understood that Parent and the Company its counsel shall provide any comments thereon as soon as reasonably practicable) and (y) give reasonable and good faith consideration to any such commentscomments made by Parent or its counsel. Unless the Offer has been terminated in accordance with the terms of this Agreement, in the event that the The Company receives shall respond promptly to any comments from of the SEC or its staff with respect to the Schedule 14D-9 or the Schedule 13E-3, then it shall use its commercially reasonable efforts to respond promptly to such comments.
(c) The Schedule 14D-9 shall also reflect that the Merger is governed by Section 251(h) of the DGCL and contain and constitute the notice to holders of Company Common Stock of the availability of appraisal rights in connection with the Merger required to be delivered to such holders by Section 262(d) of the DGCL. The Company shall set the record date for the holders of Company Common Stock to receive such notice of appraisal rights as the same date as the Stockholder List Date and shall disseminate the Schedule 14D-9 including such notice of appraisal rights to such holders to the extent required by Section 262(d) of the DGCL provided, that, such record date will not be more than ten (10) calendar days prior to the date that the Schedule 14D-9 is first mailed14D-9. The Company hereby consents to the inclusion in the Offer Documents of a description of the Company Board Recommendation in (except to the extent that, prior to the filing of the Offer Documents andDocuments, absent an Adverse the Company Board shall have withdrawn or modified the Company Board Recommendation Change, to the inclusion of a copy of the Schedule 14D-9 in accordance with the Offer Documents mailed Section 5.02(f) or furnished to the holders of Company Common Stock(g)).
(db) The In connection with the Offer, the Company shall, or shall cause its transfer agent to, to promptly furnish Parent and Merger Sub and their agents promptly (and in any event within five (5) Business Days) after the date of this Agreement and from time to time thereafter as requested by Parent or Merger Sub with mailing labels containing the names and addresses of the record holders of shares of Company Common Stock as of the latest most recent practicable date preceding the date on which the Offer is commenced and of those persons Persons becoming record holders subsequent to such date, together with copies of all lists of stockholders, security position listings and listings, computer files any non-objecting beneficial ownership lists, and all other information in the Company’s possession or control regarding the beneficial owners of shares of Company Common Stock, in each case as of the latest date practicable, and shall promptly furnish to Parent and or Merger Sub such other information and reasonable assistance (including periodically updated lists of stockholders, security position listings and computer files) as Parent or Merger Sub may reasonably request in connection with communicating the Offer. The date of the list of stockholders used to determine the Persons to whom Offer and disseminating the Offer Documents and to the Schedule 14D-9 are first disseminated is referred to as the “Stockholder List Date.” Company’s stockholders. Subject to the requirements of applicable Law, and except for such steps as are necessary to disseminate the Offer Documents and any other documents necessary to consummate the Merger Transactions, Parent and Merger Sub and their representatives shall use hold in confidence the information contained in any such labels, listings and files files, shall use such information only in connection with the Offer and the Merger Transactions, shall treat such information and materials in accordance with the terms and conditions of the Confidentiality Agreement, and, if this Agreement is shall be terminated, shall, upon request, deliver to the Company or destroy (and shall destroy direct their agents to deliver to the Company or destroy) all copies of such information then (and certify in their possession or under their control promptly upon writing to the written request of the CompanyCompany such destruction, if applicable).
Appears in 2 contracts
Samples: Merger Agreement (Stryker Corp), Merger Agreement (Vocera Communications, Inc.)
Company Actions. (a) The Company hereby approves of and consents to the Offer, the Merger and the other Merger Transactions and consents to the inclusion in Schedule 14D-9. As promptly as practicable on the Offer Documents of the Company Board Recommendation.
(b) On the date the Offer Documents are filed with the SECCommencement Date, the Company shall, concurrently with following the filing of the Schedule TOTO that forms a part of the Offer Documents, the Company shall (i) file with the SEC a Tender Offer Solicitation/Recommendation Statement on Schedule 14D-9 with respect to the Offer (together with all amendments and supplements thereto and including exhibits thereto, including, if applicable, a Rule 13E-3 transaction statement on Schedule 13E-3 (together with any exhibits, amendments thereof or supplements thereto, the “Schedule 13E-3”), the “Schedule 14D-9”) containing, subject to Section 5.3, that includes the Company Board Recommendation (unless the Board of Directors has made a Company Adverse Recommendation Change in accordance with Section 6.1(b)) and shall the notice and other information required by Section 262(d)(2) of the DGCL and (ii) cause the Schedule 14D-9 and the Schedule 13E-3 related documents to be disseminated to the holders of Company Common Stock Shares as and to the extent required by United States federal securities Lawsapplicable Legal Requirements, including Rule 14d-9 and Rule 13E-3 under by setting the Exchange Act. Each Stockholder List Date as the record date for purposes of Parent and Merger Sub shall promptly furnish or otherwise make available to receiving the Company or the Company’s legal counsel upon request all information concerning Parent and Merger Sub that is notice required by Section 262(d)(2) of the DGCL. The Company agrees that it shall cause the Schedule 14D-9 (x) to comply in all material respects with the Exchange Act or and other applicable Law Legal Requirements and (y) to not contain any untrue statement of a material fact or omit to state any material fact required to be set forth stated therein or necessary in order to make the Schedule 14D-9 or statements therein, in light of the Schedule 13E-3 and all other information concerning Parent and Merger Sub circumstances under which they were made, not misleading; provided, however, that may be reasonably requested no covenant is made by the Company for inclusion in the Schedule 14D-9 or the Schedule 13E-3. Each of the Company, Parent, and Merger Sub shall promptly correct any with respect to information supplied by it or on its behalf of Parent or Purchaser for inclusion or incorporation by reference in the Schedule 14D-9 14D-9. Each of Parent, Purchaser and the Company agrees to respond promptly to any comments of the SEC or its staff and to promptly correct any information provided by it for use in the Schedule 13E-3 14D-9 if and to the extent that such information shall have become false or misleading in any material respect, and the Company shall further agrees to take all steps necessary and use all reasonable efforts to promptly amend or supplement the Schedule 14D-9 or the Schedule 13E-3 and to cause the Schedule 14D-9 or the Schedule 13E-3 as so amended or supplemented corrected to be filed with the SEC and to be disseminated to the holders of Company Common StockShares, in each case as soon as and to the extent required by applicable LawLegal Requirements. The Company Parent and Purchaser shall promptly notify Parent upon the receipt of any comments from the SEC, furnish or any request from the SEC for amendments or supplements, otherwise make available to the Schedule 14D-9 Company or the Schedule 13E-3, and shall promptly provide Company’s legal counsel all information concerning Parent or Purchaser that may be required or reasonably requested in connection with copies of all written correspondence and summaries of all material oral communications between the Company and its representatives, on the one hand, and the SEC, on the other handany action contemplated by this Section 1.2(a). Prior to the filing of the Schedule 14D-9 or the Schedule 13E-3 and any amendment or supplement thereto (that does not contain or relate to an Adverse Recommendation Change) with the SEC or dissemination thereof to the holders of Company Common Stock, or responding to any comments of the SEC Except with respect to the Schedule 14D-9 or the Schedule 13E-3any disclosure regarding a Company Adverse Recommendation Change made in compliance with Section 6.1, the Company Parent and its counsel shall provide Parent, Merger Sub and their counsel a be given reasonable opportunity to review and comment on the Schedule 14D-9 (including any response to any comments (including oral comments) of the SEC or its staff with respect thereto) prior to the Schedule 13E-3 or amendment or supplement or responsefiling thereof with the SEC, and the Company shall give reasonable and good faith consideration to any such commentscomments made by Parent or its counsel. Unless the Offer has been terminated Except with respect to any disclosure regarding a Company Adverse Recommendation Change made in accordance compliance with the terms of this AgreementSection 6.1, in the event that the Company receives agrees to provide Parent and its counsel with any comments (including oral comments) the Company or its counsel may receive from the SEC or its staff with respect to the Schedule 14D-9 or promptly after receipt of those comments (including oral comments). To the extent requested by the Company, Parent shall cause the Schedule 13E-3, then it shall use its commercially reasonable efforts to respond promptly to such comments.
(c) The Schedule 14D-9 shall also reflect that the Merger is governed by Section 251(h) of the DGCL and contain and constitute the notice to holders of Company Common Stock of the availability of appraisal rights in connection with the Merger required to be delivered mailed or otherwise disseminated to such holders by Section 262(d) of the DGCL. The Company shall set the record date for the holders of Company Common Stock to receive such notice of appraisal rights as the same date as the Stockholder List Date and shall disseminate the Schedule 14D-9 including such notice of appraisal rights to such holders to the extent required by Section 262(d) of the DGCL provided, that, such record date will not be more than ten (10) calendar days prior to the date that the Schedule 14D-9 is first mailed. The Company hereby consents to the inclusion of the Company Board Recommendation in the Offer Documents and, absent an Adverse Recommendation Change, to the inclusion of a copy of the Schedule 14D-9 together with the Offer Documents mailed or furnished disseminated to the holders of Company Common StockShares.
(d) The Company shall, or shall cause its transfer agent to, furnish Parent and Merger Sub and their agents promptly (and in any event within five (5) Business Days) after the date of this Agreement and from time to time thereafter as requested by Parent or Merger Sub with mailing labels containing the names and addresses of the record holders of Company Common Stock as of the latest practicable date and of those persons becoming record holders subsequent to such date, together with copies of all lists of stockholders, security position listings and computer files any non-objecting beneficial ownership lists, and all other information in the Company’s possession or control regarding the beneficial owners of Company Common Stock, in each case as of the latest date practicable, and shall promptly furnish to Parent and Merger Sub such other information and assistance (including periodically updated lists of stockholders, security position listings and computer files) as Parent or Merger Sub may reasonably request in connection with the Offer. The date of the list of stockholders used to determine the Persons to whom the Offer Documents and the Schedule 14D-9 are first disseminated is referred to as the “Stockholder List Date.” Subject to the requirements of applicable Law, and except for such steps as are necessary to disseminate the Offer Documents and any other documents necessary to consummate the Merger Transactions, Parent and Merger Sub and their representatives shall use the information contained in any such labels, listings and files only in connection with the Merger Transactions, shall treat such information and materials in accordance with the terms and conditions of the Confidentiality Agreement, and, if this Agreement is terminated, shall destroy all copies of such information then in their possession or under their control promptly upon the written request of the Company.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Decibel Therapeutics, Inc.), Merger Agreement (Checkmate Pharmaceuticals, Inc.)
Company Actions. (a) The Subject to Section 6.3, the Company hereby approves of and consents to the OfferOffer and, the Merger and the other Merger Transactions and consents so long as no Adverse Recommendation Change (as defined in Section 6.3(d) hereof) has occurred in accordance with Section 6.3, to the inclusion in the Offer Documents of the recommendation of the Company Board recommending that the holders of Shares accept the Offer, tender their Shares to Merger Sub pursuant to the Offer and, if necessary under applicable Law, adopt this Agreement and approve the Merger and the other transactions contemplated hereby in accordance with the provisions of the DGCL (the “Company Recommendation”).
(b) On As promptly as reasonably practicable on or after the date of filing by Parent and Merger Sub of the Offer Documents are filed with the SECDocuments, the Company shall, concurrently with the filing of the Schedule TO, shall file with the SEC and disseminate to the Company’s stockholders, in each case as and to the extent required by the Exchange Act, a Solicitation/Recommendation Statement on Schedule 14D-9 with respect to the Offer (together with all amendments and supplements thereto and including exhibits thereto, including, if applicable, a Rule 13E-3 transaction statement such Solicitation/Recommendation Statement on Schedule 13E-3 (14D-9, together with any amendments thereof or amendments, supplements and exhibits thereto, the “Schedule 13E-3”), the “Schedule 14D-9”) containing, containing the Company Recommendation (subject to Section 5.36.3), and the Company Board Recommendation and shall cause the Schedule 14D-9 and the Schedule 13E-3 to be disseminated to the holders of Company Common Stock Company’s stockholders (provided that Merger Sub shall use commercially reasonable efforts to cause the Schedule 14D-9 to be disseminated concurrently with and in the same mailing envelope as and to the extent Offer Documents, if requested by the Company) as required by United States federal securities Laws, including Rule 14d-9 and Rule 13E-3 under the Exchange Act. Each of Parent and Merger Sub shall shall, as promptly as practicable, furnish or otherwise make available to the Company or the Company’s legal counsel upon request in writing all information concerning Parent and Merger Sub that is required by the Exchange Act or other applicable Law to be set forth included in the Schedule 14D-9 or the Schedule 13E-3 and all other information concerning Parent and Merger Sub that may be reasonably requested by the Company for inclusion in the Schedule 14D-9 or the Schedule 13E-314D-9. Each of the Company, Parent, Parent and Merger Sub shall agrees promptly to correct any information supplied provided by it or on its behalf for inclusion or incorporation by reference use in the Schedule 14D-9 or the Schedule 13E-3 if and to the extent that such information shall have become becomes false or misleading in any material respect, and the Company shall further agrees to take all steps necessary and use all reasonable efforts to promptly amend or supplement the Schedule 14D-9 or the Schedule 13E-3 and to cause the Schedule 14D-9 or the Schedule 13E-3 as so amended or supplemented corrected to be filed with the SEC and to be disseminated to the holders of Company Common StockCompany’s stockholders, in each case as soon case, as and to the extent required by applicable Law. The Company shall promptly notify Parent upon the receipt of any comments from the SEC, or any request from the SEC for amendments or supplements, to the Schedule 14D-9 or the Schedule 13E-3, and shall promptly provide Parent with copies of all written correspondence and summaries of all material oral communications between the Company and its representatives, on the one hand, and the SEC, on the other hand. Prior to the filing of the Schedule 14D-9 or the Schedule 13E-3 and any amendment or supplement thereto (that does not contain or relate to an Adverse Recommendation Change) with the SEC or dissemination thereof to the holders of Company Common Stock, or responding to any comments of the SEC with respect to the Schedule 14D-9 or the Schedule 13E-3, the Company shall provide Parent, Merger Sub and their counsel shall be given a reasonable opportunity to review and comment on the Schedule 14D-9 or and any amendments and supplements thereto prior to the Schedule 13E-3 or amendment or supplement or response, filing thereof with the SEC and the Company shall give reasonable consideration to all additions, deletions, changes or other comments suggested by Parent, Merger Sub and their counsel. In addition, the Company agrees to provide Parent, Merger Sub and their counsel any such comments. Unless the Offer has been terminated in accordance with the terms of this Agreement, in the event whether written or oral, that the Company receives any comments or its counsel may receive from the SEC or its staff with respect to the Schedule 14D-9 or promptly after the Schedule 13E-3, then it shall use its commercially reasonable efforts to respond promptly to receipt of such comments, and any written or oral responses thereto. Parent, Merger Sub and their counsel shall be given a reasonable opportunity to review and comment upon such responses, and the Company shall give reasonable consideration to all additions, deletions, changes or other comments suggested by Parent, Merger Sub and their counsel.
(c) The Schedule 14D-9 shall also reflect that the Merger is governed by Section 251(h) of the DGCL and contain and constitute the notice to holders of Company Common Stock of the availability of appraisal rights in In connection with the Merger required to be delivered to such holders by Section 262(d) of Offer, the DGCL. The Company shall set the record date for the holders of Company Common Stock to receive such notice of appraisal rights as the same date as the Stockholder List Date and shall disseminate the Schedule 14D-9 including such notice of appraisal rights to such holders to the extent required by Section 262(d) of the DGCL provided, that, such record date will not be more than ten (10) calendar days prior to the date that the Schedule 14D-9 is first mailed. The Company hereby consents to the inclusion of the Company Board Recommendation in the Offer Documents and, absent an Adverse Recommendation Change, to the inclusion of a copy of the Schedule 14D-9 with the Offer Documents mailed or furnished to the holders of Company Common Stock.
(d) The Company shall, or shall cause request its transfer agent to, promptly to furnish Parent and Merger Sub and their agents promptly (and in any event within five (5) Business Days) after the date of this Agreement and from time to time thereafter as requested by Parent or Merger Sub with mailing labels labels, security position listings, any non-objecting beneficial owner lists and any available listings or computer files containing the names and addresses of the record holders of Company Common Stock Shares as of the latest most recent practicable date and of those persons becoming record holders subsequent to such date, together with copies of all lists of stockholders, security position listings and computer files any non-objecting beneficial ownership lists, and all other information in the Company’s possession or control regarding the beneficial owners of Company Common Stock, in each case as of the latest date practicable, and shall promptly furnish to Parent and Merger Sub with such other additional available stockholder information and assistance (including periodically updated lists including, but not limited to, periodic updates of stockholders, security position listings and computer filessuch information) as Parent or Parent, Merger Sub or their agents or Representatives (as defined in Section 6.3(b) hereof) may reasonably request in connection with for the Offer. The date purpose of the list of stockholders used to determine the Persons to whom communicating the Offer Documents and the Schedule 14D-9 are first disseminated is referred to as the “Stockholder List Date.” Subject to the requirements record and beneficial holders of applicable Law, and except for such steps as are necessary to disseminate the Offer Documents and any other documents necessary to consummate the Merger Transactions, Parent and Merger Sub and their representatives shall use the information contained in any such labels, listings and files only in connection with the Merger Transactions, shall treat such information and materials in accordance with the terms and conditions of the Confidentiality Agreement, and, if this Agreement is terminated, shall destroy all copies of such information then in their possession or under their control promptly upon the written request of the CompanyShares.
Appears in 2 contracts
Samples: Merger Agreement (I Flow Corp /De/), Merger Agreement (Kimberly Clark Corp)
Company Actions. (a) The Company hereby approves of and consents to the Offer, the Merger and the other Merger Transactions and consents to the inclusion in the Offer Documents of the Company Board Recommendation.
(b) On As soon as practicable following the date the Offer Documents are filed with the SEC, the Company shall, concurrently with but in no event later than five Business Days after the filing of the Schedule TOTO (or such other date as mutually agreed upon by the parties), the Company shall file with the SEC a Solicitation/Recommendation Statement on Schedule 14D-9 with respect to the Offer (together with all amendments amendments, modifications, supplements and supplements thereto and including exhibits thereto, including, if applicable, a Rule 13E-3 transaction statement on Schedule 13E-3 (together with any amendments thereof or supplements thereto, the “Schedule 13E-3”), the “Schedule 14D-9”) containingthat shall, subject to the provisions of Section 5.36.04, contain the recommendation described in Section 4.03(d). The Company Board Recommendation and shall agrees to take all steps necessary to cause the Schedule 14D-9 and the Schedule 13E-3 to be prepared and filed with the SEC and disseminated to the holders shareholders of Company Common Stock the Company, in each case as and to the extent required by United States federal securities Laws, including Rule 14d-9 and Rule 13E-3 under the Exchange Act. Each of Parent and Merger Sub shall promptly furnish or otherwise make available to the Company or the Company’s legal counsel upon request all information concerning Parent and Merger Sub that is required by the Exchange Act or other applicable Law to be set forth in the Schedule 14D-9 or 14D-9. The Company, on the Schedule 13E-3 one hand, and all other information concerning Parent and Merger Sub that may be reasonably requested Sub, on the other hand, agree to promptly correct any information provided by the Company it for inclusion use in the Schedule 14D-9 or the Schedule 13E-3. Each of the Company, Parent, and Merger Sub shall promptly correct any information supplied by it or on its behalf for inclusion or incorporation by reference in the Schedule 14D-9 or the Schedule 13E-3 if and to the extent that such information shall have become false or misleading in any material respect, and the respect or as otherwise required by applicable Law. The Company shall further agrees to take all steps necessary and use all reasonable efforts to promptly amend or supplement the Schedule 14D-9 or the Schedule 13E-3 and to cause the Schedule 14D-9 or the Schedule 13E-3 14D-9, as so amended or supplemented corrected (if applicable), to be filed with the SEC and disseminated to the holders shareholders of Company Common Stockthe Company, in each case as soon as and to the extent required by applicable Lawthe Exchange Act. The Company shall promptly notify Parent and Merger Sub upon the receipt of any comments from the SEC, or any request from the SEC for amendments or supplements, to the Schedule 14D-9 or the Schedule 13E-314D-9, and shall promptly provide Parent and Merger Sub with copies of all written correspondence and summaries of all material oral communications between the Company it and its representatives, on the one hand, and the SEC, on the other hand. Prior to the filing of the Schedule 14D-9 (including any amendments, modifications or the Schedule 13E-3 and any amendment or supplement thereto (that does not contain or relate to an Adverse Recommendation Changesupplements thereto) with the SEC or dissemination thereof to the holders shareholders of Company Common Stockthe Company, or responding to any comments of the SEC with respect to the Schedule 14D-9 or the Schedule 13E-314D-9, the Company shall provide Parent, Merger Sub and their counsel a reasonable opportunity to review and comment on the such Schedule 14D-9 or response (including, if applicable, participation in the formulation of any written response(s) to any comments of the SEC with respect to the Schedule 13E-3 or amendment or supplement or response14D-9), and the Company shall give reasonable consideration to any such comments. Unless the Offer has been terminated in accordance with the terms of this Agreement, in the event that the Company receives any comments from the SEC or its staff with respect to the Schedule 14D-9 or the Schedule 13E-3, then it shall use its commercially reasonable efforts to respond promptly to such comments.
(c) The Schedule 14D-9 shall also reflect that the Merger is governed by Section 251(h) of the DGCL and contain and constitute the notice to holders of Company Common Stock of the availability of appraisal rights in connection with the Merger required to be delivered to such holders by Section 262(d) of the DGCL. The Company shall set the record date for the holders of Company Common Stock to receive such notice of appraisal rights as the same date as the Stockholder List Date and shall disseminate the Schedule 14D-9 including such notice of appraisal rights to such holders to the extent required by Section 262(d) of the DGCL provided, that, such record date will not be more than ten (10) calendar days prior to the date that the Schedule 14D-9 is first mailed. The Company hereby consents to the inclusion of the Company Board Recommendation in the Offer Documents and, absent an Adverse Recommendation Change, to the inclusion of a copy of the Schedule 14D-9 with and/or a description of the Offer Documents mailed or furnished to Company Board Recommendation contained in the holders of Company Common StockSchedule 14D-9.
(db) The In connection with the Offer, the Company shall, shall promptly (and no later than the date hereof) furnish or shall cause its transfer agent to, furnish to be furnished to Parent and Merger Sub mailing labels, security position listings and their agents promptly any other available (and in any event within five (5or reasonably producible) Business Days) after the date of this Agreement and from time to time thereafter as requested by Parent listings or Merger Sub with mailing labels computer files containing the names and addresses of the record holders and beneficial owners of the shares of Company Common Stock as of the latest most recent practicable date date, and shall promptly furnish Parent and Merger Sub with such information and assistance (including lists of those persons becoming record holders subsequent to such date, together with copies of all lists of stockholders, security position listings and computer files any non-objecting beneficial ownership lists, and all other information in the Company’s possession or control regarding the beneficial owners of the shares of Company Common Stock, in each case as updated from time to time upon Parent’s, Merger Sub’s or either of the latest date practicabletheir respective agent’s request, and shall promptly furnish to Parent the addresses, mailing labels and lists of security positions of such record holders or beneficial owners) as Parent, Merger Sub such other information and assistance (including periodically updated lists of stockholders, security position listings and computer files) as Parent or Merger Sub its agent may reasonably request in connection with for the Offer. The date purpose of communicating the Offer to the record holders and beneficial owners of the list shares of stockholders used to determine the Persons to whom the Offer Documents and the Schedule 14D-9 are first disseminated is referred to as the “Stockholder List DateCompany Common Stock.” Subject to the requirements of applicable Law, and except for such steps as are necessary to disseminate the Offer Documents and any other documents necessary to consummate the Merger Transactions, Parent and Merger Sub and their representatives shall use the information contained in any such labels, listings and files only in connection with the Merger Transactions, shall treat such information and materials in accordance with the terms and conditions of the Confidentiality Agreement, and, if this Agreement is terminated, shall destroy all copies of such information then in their possession or under their control promptly upon the written request of the Company.
Appears in 2 contracts
Samples: Merger Agreement (MGC Parent LLC), Merger Agreement (MGC DIAGNOSTICS Corp)
Company Actions. (a) Schedule 14D-9. The Company hereby approves of and consents to the Offer, the Merger and the other Merger Transactions and consents to the inclusion in the Offer Documents of the Company Board Recommendation.
shall (bi) On the date the Offer Documents are filed file with the SEC, the Company shall, concurrently with as promptly as reasonably practicable after the filing by the Parent Entities of the Schedule TOTO and the Offer Documents, file with the SEC a Solicitation/Recommendation Statement on Schedule 14D-9 with respect to the Offer (together with all amendments and supplements thereto thereto, and including all exhibits thereto, including, if applicable, a Rule 13E-3 transaction statement on Schedule 13E-3 (together with any amendments thereof or supplements thereto, the “Schedule 13E-3”), the “Schedule 14D-9”) containing, subject to Section 5.35.2, the Company Board Recommendation and shall cause a notice of appraisal rights in accordance with Section 262 of the DGCL, and (ii) take all steps necessary to disseminate the Schedule 14D-9 and the Schedule 13E-3 to be disseminated to the holders of Company Common Stock Stockholders as and to the extent required by United States Rule 14d-9 promulgated under the Exchange Act and any other applicable U.S. federal securities Laws. Prior to such filing and dissemination, including Rule 14d-9 and Rule 13E-3 under the Exchange ActCompany shall set the Stockholder List Date as the record date for the purpose of receiving the notice required by Section 262(d) of the DGCL. To the extent requested by the Company, Parent shall cause the Schedule 14D-9 to be mailed or otherwise disseminated to the Company Stockholders together with the Offer Documents. Each of the Parent and Merger Sub Entities shall promptly furnish or otherwise make available in writing to the Company or the Company’s legal counsel upon request all information concerning the Parent and Merger Sub Entities that is required by the Exchange Act or other applicable Law to be set forth in the Schedule 14D-9 or the Schedule 13E-3 and all other information concerning Parent and Merger Sub that may be reasonably requested by the Company for inclusion to be included in the Schedule 14D-9 or so as to enable the Schedule 13E-3Company to comply with its obligations under this Section 1.2(a). Each of the Company, Parent, Parent Entities and Merger Sub the Company shall promptly correct any information supplied provided by it or on any of its behalf respective directors, officers, employees, Affiliates, agents or other representatives for inclusion or incorporation by reference use in the Schedule 14D-9 or the Schedule 13E-3 if and to the extent that such information shall have has become false an untrue statement of a material fact or misleading an omission of a material fact necessary in any material respect, and order to make the statements contained therein not misleading. The Company shall take all steps necessary and use all reasonable efforts to promptly amend or supplement the Schedule 14D-9 or the Schedule 13E-3 and to cause the Schedule 14D-9 or the Schedule 13E-3 14D-9, as so amended or supplemented corrected, to be filed with the SEC and disseminated to the holders of Company Common StockStockholders, in each case as soon as and to the extent required by applicable Law. The Company shall promptly notify Parent upon the receipt of any comments from the SECLaws, or any request from the SEC for amendments or supplements, to the Schedule 14D-9 or the Schedule 13E-3, and shall promptly provide Parent with copies of all written correspondence and summaries of all material oral communications between the Company and its representatives, on the one hand, and the SEC, on the other hand. Prior to the filing of the Schedule 14D-9 or the Schedule 13E-3 and any amendment or supplement thereto (that does not contain or relate to an Adverse Recommendation Change) with by the SEC or dissemination thereof to its staff or NASDAQ. Unless the holders Company Board has effected a Change of Company Common Stock, or responding to Recommendation and except in connection with any comments of the SEC disclosures made in compliance with respect to the Schedule 14D-9 or the Schedule 13E-3Section 5.2(f), the Company shall provide Parent, Merger Sub the Parent Entities and their counsel a reasonable opportunity to review and comment on the Schedule 14D-9 or prior to the Schedule 13E-3 or amendment or supplement or responsefiling thereof with the SEC, and the Company shall give reasonable and good faith consideration to any such commentscomments made by the Parent Entities and their counsel (it being understood that the Parent Entities and their counsel shall provide any comments thereon as soon as reasonably practicable). Unless the Offer Company Board has been terminated effected a Change of Recommendation and except in accordance connection with any disclosures made in compliance with Section 5.2(f), the terms of this Agreement, Company shall provide in writing to the event Parent Entities and their counsel any and all written comments or other communications (and shall orally describe any oral comments or other oral communication) that the Company receives any comments or its counsel may receive from the SEC or its staff with respect to the Schedule 14D-9 promptly after such receipt, and unless the Company Board has effected a Change of Recommendation or the Schedule 13E-3, then it shall use its commercially reasonable efforts to respond promptly to such comments.
(c) The Schedule 14D-9 shall also reflect that the Merger is governed by Section 251(h) of the DGCL and contain and constitute the notice to holders of Company Common Stock of the availability of appraisal rights in connection with any disclosures made in compliance with Section 5.2(f), the Merger required Company shall provide the Parent Entities and their counsel a reasonable opportunity to be delivered participate in the formulation of any response to any such holders by Section 262(d) comments of the DGCL. The SEC or its staff (including by providing a reasonable opportunity for the Parent Entities and their counsel to review and comment on any such response, which comments the Company shall set the record date for the holders of Company Common Stock to receive such notice of appraisal rights as the same date as the Stockholder List Date and shall disseminate the Schedule 14D-9 including such notice of appraisal rights to such holders to the extent required by Section 262(d) of the DGCL provided, that, such record date will not be more than ten (10) calendar days prior to the date that the Schedule 14D-9 is first mailed. The Company hereby consents to the inclusion of the Company Board Recommendation in the Offer Documents and, absent an Adverse Recommendation Change, to the inclusion of a copy of the Schedule 14D-9 with the Offer Documents mailed or furnished to the holders of Company Common Stock.
(d) The Company shall, or shall cause its transfer agent to, furnish Parent and Merger Sub and their agents promptly (consider reasonably and in any event within five (5) Business Days) after the date of this Agreement and from time to time thereafter as requested by Parent or Merger Sub with mailing labels containing the names and addresses of the record holders of Company Common Stock as of the latest practicable date and of those persons becoming record holders subsequent to such date, together with copies of all lists of stockholders, security position listings and computer files any non-objecting beneficial ownership lists, and all other information in the Company’s possession or control regarding the beneficial owners of Company Common Stock, in each case as of the latest date practicable, and shall promptly furnish to Parent and Merger Sub such other information and assistance (including periodically updated lists of stockholders, security position listings and computer files) as Parent or Merger Sub may reasonably request in connection with the Offer. The date of the list of stockholders used to determine the Persons to whom the Offer Documents and the Schedule 14D-9 are first disseminated is referred to as the “Stockholder List Dategood faith).” Subject to the requirements of applicable Law, and except for such steps as are necessary to disseminate the Offer Documents and any other documents necessary to consummate the Merger Transactions, Parent and Merger Sub and their representatives shall use the information contained in any such labels, listings and files only in connection with the Merger Transactions, shall treat such information and materials in accordance with the terms and conditions of the Confidentiality Agreement, and, if this Agreement is terminated, shall destroy all copies of such information then in their possession or under their control promptly upon the written request of the Company.
Appears in 2 contracts
Samples: Agreement and Plan of Merger, Merger Agreement (Black Box Corp)
Company Actions. (a) The Company hereby approves of and consents to the Offer, the Merger and the other Merger Transactions and consents to the inclusion in the Offer Documents of the Company Board Recommendation.
(b) On the date the Offer Documents are filed with the SEC, the Company shall, concurrently with of the filing of the Schedule TO, the Company shall, in a manner that complies with Rule 14d-9 under the Exchange Act, file with the SEC a Tender Offer Solicitation/Recommendation Statement on Schedule 14D-9 with respect to the Offer (together with all amendments amendments, supplements and supplements thereto and including exhibits thereto, including, if applicable, a Rule 13E-3 transaction statement on Schedule 13E-3 (together with any amendments thereof or supplements thereto, the “Schedule 13E-3”)exhibits, the “Schedule 14D-9”) containingthat shall, subject to Section 5.3the provisions of Sections 5.4(d)-(f), contain the Company Board Recommendation and Recommendation. The Company shall also include in the Schedule 14D-9, in their entirety, copies of the Fairness Opinions, together with summaries thereof in accordance with Item 1015(b) of Regulation M-A under the Exchange Act (regardless of whether such item is applicable). The Company consents to the inclusion in the Offer Documents of a description of the Company Board Recommendation. The Company further agrees to cause the Schedule 14D-9 and the Schedule 13E-3 to be disseminated to the holders of Company Common Stock Shares, as and to the extent required by United States federal securities Laws, including Rule 14d-9 and Rule 13E-3 under the Exchange Act. Each of The Company, on the one hand, and Parent and Merger Sub shall promptly furnish or otherwise make available Sub, on the other hand, agree to the Company or the Company’s legal counsel upon request all information concerning Parent and Merger Sub that is required by the Exchange Act or other applicable Law to be set forth in the Schedule 14D-9 or the Schedule 13E-3 and all other information concerning Parent and Merger Sub that may be reasonably requested by the Company for inclusion in the Schedule 14D-9 or the Schedule 13E-3. Each of the Company, Parent, and Merger Sub shall promptly correct any information supplied provided by it or on its behalf for inclusion or incorporation by reference use in the Schedule 14D-9 or the Schedule 13E-3 14D-9, if and to the extent that such information it shall have become false or misleading in any material respectrespect or as otherwise required by applicable Law, and the Company shall take all steps necessary and use all reasonable efforts agrees to promptly amend or supplement the Schedule 14D-9 or the Schedule 13E-3 and to cause the Schedule 14D-9 or the Schedule 13E-3 14D-9, as so amended or supplemented corrected, to be filed with the SEC and disseminated to the holders of Company Common StockShares, in each case as soon as and to the extent required by applicable Lawthe Exchange Act. The Company Except with respect to any amendments filed after a Change of Board Recommendation (if there shall promptly notify Parent upon be one) or in connection with any disclosures made in compliance with Section 5.4(h): (i) Parent, Merger Sub and their counsel shall be given a reasonable opportunity to review the receipt of any comments from Schedule 14D-9 before it is filed with the SEC, or any request from and the SEC for amendments or supplements, Company shall give due consideration to the Schedule 14D-9 reasonable additions, deletions or the Schedule 13E-3changes suggested by Parent, Merger Sub and shall promptly provide Parent with copies of all written correspondence and summaries of all material oral communications between the Company and its representatives, on the one hand, and the SEC, on the other hand. Prior to the filing of the Schedule 14D-9 or the Schedule 13E-3 and any amendment or supplement thereto their counsel; (that does not contain or relate to an Adverse Recommendation Changeii) with the SEC or dissemination thereof to the holders of Company Common Stock, or responding to any comments of the SEC with respect to the Schedule 14D-9 or the Schedule 13E-3, the Company shall provide Parent, Merger Sub and their counsel a reasonable opportunity to review and comment on the Schedule 14D-9 or the Schedule 13E-3 or amendment or supplement or responsewith copies of any written comments, and the Company shall give reasonable consideration to inform them of any such oral comments. Unless the Offer has been terminated in accordance with the terms of this Agreement, in the event that the Company receives any comments or its counsel may receive from time to time from the SEC or its staff with respect to the Schedule 14D-9 or the Schedule 13E-3, then it shall use its commercially reasonable efforts to respond promptly to after receipt of such comments.
, and any written or oral responses; and (ciii) The Schedule 14D-9 shall also reflect that the Merger is governed by Section 251(h) of the DGCL and contain and constitute the notice to holders of Company Common Stock of the availability of appraisal rights in connection with the Merger required to be delivered to such holders by Section 262(d) of the DGCL. The Company shall set the record date for the holders of Company Common Stock to receive such notice of appraisal rights as the same date as the Stockholder List Date and shall disseminate the Schedule 14D-9 including such notice of appraisal rights to such holders to the extent required by Section 262(d) of the DGCL providedParent, that, such record date will not be more than ten (10) calendar days prior to the date that the Schedule 14D-9 is first mailed. The Company hereby consents to the inclusion of the Company Board Recommendation in the Offer Documents and, absent an Adverse Recommendation Change, to the inclusion of a copy of the Schedule 14D-9 with the Offer Documents mailed or furnished to the holders of Company Common Stock.
(d) The Company shall, or shall cause its transfer agent to, furnish Parent and Merger Sub and their agents promptly counsel shall be given a reasonable opportunity to review any such written responses and the Company shall give due consideration to the reasonable additions, deletions or changes suggested by Parent, Merger Sub and their counsel.
(and in any event within five (5b) Business Days) Promptly after the date of this Agreement and otherwise from time to time thereafter as requested by Parent or Merger Sub with or its agents, the Company shall furnish or cause to be furnished to Merger Sub mailing labels labels, security position listings, non-objecting beneficial owner lists and any other listings or computer files containing the names and addresses of the record or beneficial holders of Company Common Stock the Shares as of the latest most recent practicable date and of those persons becoming record holders subsequent to such date, together and shall promptly furnish Merger Sub with copies of all such information (including updated lists of stockholdersholders of the Shares and their addresses, mailing labels, security position listings and computer files any non-objecting beneficial ownership owner lists, ) and all such other information in the Company’s possession or control regarding the beneficial owners of Company Common Stock, in each case assistance as of the latest date practicable, and shall promptly furnish to Parent and Merger Sub such other information and assistance (including periodically updated lists of stockholders, security position listings and computer files) as Parent or Merger Sub its agents may reasonably request in connection communicating with the Offerrecord and beneficial holders of Shares. The date foregoing information shall constitute Evaluation Material under the Confidentiality Agreement, and if this Agreement shall be terminated, upon request of the list of stockholders used to determine the Persons to whom the Offer Documents and the Schedule 14D-9 are first disseminated is referred to as the “Stockholder List Date.” Subject to the requirements of applicable Law, and except for such steps as are necessary to disseminate the Offer Documents and any other documents necessary to consummate the Merger TransactionsCompany, Parent and Merger Sub and their representatives shall use the information contained in any such labels, listings and files only in connection with the Merger Transactions, shall treat such information and materials in accordance with the terms and conditions of the Confidentiality Agreement, and, if this Agreement is terminated, shall destroy all copies of such information then in their possession or under their control promptly upon pursuant to the written request terms of the CompanyConfidentiality Agreement. In addition, in connection with the Offer, unless there has been a Change of Board Recommendation, the Company shall, and shall use its reasonable best efforts to cause any third parties to, cooperate with Parent and Merger Sub to disseminate the Offer Documents to holders of Shares held in or subject to any Company Stock Plan or other Company Benefit Plan, and to permit such holders of Shares to tender Shares in the Offer.
Appears in 2 contracts
Samples: Merger Agreement (Salix Pharmaceuticals LTD), Merger Agreement (Valeant Pharmaceuticals International, Inc.)
Company Actions. (a) The Company hereby approves of and consents to 1.2.1 On the Offer, the Merger and the other Merger Transactions and consents to the inclusion in day that the Offer Documents of is commenced, in a manner that complies with Rule 14d-9 under the Company Board Recommendation.
(b) On the date the Offer Documents are filed with the SECExchange Act, the Company shall, concurrently with or promptly following the filing of the Schedule TO, file with the SEC and disseminate to the Company’s stockholders a Tender Offer Solicitation/Recommendation Statement on Schedule 14D-9 with respect to the Offer (together with all amendments and supplements thereto and including exhibits thereto, including, if applicable, a Rule 13E-3 transaction statement on Schedule 13E-3 (together with any exhibits, amendments thereof or supplements thereto, the “Schedule 13E-3”), the “Schedule 14D-9”) containingthat, subject to Section 5.35.2, shall contain the Company Board Recommendation and shall cause the Schedule 14D-9 and the Schedule 13E-3 to be disseminated to the holders of Company Common Stock as and to the extent required by United States federal securities Laws, including Rule 14d-9 and Rule 13E-3 under the Exchange ActRecommendation. Each of Parent and Merger Sub shall promptly furnish or otherwise make available to the Company or the Company’s legal counsel upon request all information concerning Parent and Merger Sub that is required by the Exchange Act or other applicable Law to be set forth in the Schedule 14D-9 or the Schedule 13E-3 and all other information concerning Parent and Merger Sub that may be reasonably requested by the Company for inclusion in the Schedule 14D-9 or the Schedule 13E-3. Each of the Company, Parent, and Merger Sub shall promptly correct any information supplied by it or on its behalf for inclusion or incorporation by reference in the Schedule 14D-9 or the Schedule 13E-3 if and to the extent that such information shall have become false or misleading in any material respect, and the Company shall take all steps necessary and use all reasonable efforts to promptly amend or supplement the Schedule 14D-9 or the Schedule 13E-3 and to cause the Schedule 14D-9 or the Schedule 13E-3 as so amended or supplemented to be filed with the SEC and disseminated to the holders of Company Common Stock, in each case as soon as and to the extent required by applicable Law. The Company shall promptly notify Parent upon the receipt of any comments from the SEC, or any request from the SEC for amendments or supplements, to the Schedule 14D-9 or the Schedule 13E-3, and shall promptly provide Parent with copies of all written correspondence and summaries of all material oral communications between the Company and its representatives, on the one hand, and the SEC, on the other hand. Prior to the filing of the Schedule 14D-9 or the Schedule 13E-3 and any amendment or supplement thereto (that does not contain or relate to an Adverse Recommendation Change) with the SEC or dissemination thereof to the holders of Company Common Stock, or responding to any comments of the SEC with respect to the Schedule 14D-9 or the Schedule 13E-3, the Company shall provide Parent, Merger Sub and their counsel a reasonable opportunity to review and comment on the Schedule 14D-9 or the Schedule 13E-3 or amendment or supplement or response, and the Company shall give reasonable consideration to any such comments. Unless the Offer has been terminated in accordance with the terms of this Agreement, in the event that the Company receives any comments from the SEC or its staff with respect to the Schedule 14D-9 or the Schedule 13E-3, then it shall use its commercially reasonable efforts to respond promptly to such comments.
(c) The Schedule 14D-9 shall also reflect that the Merger is governed by Section 251(h) of the DGCL and contain and constitute the notice to holders of Company Common Stock of the availability of appraisal rights in connection with the Merger required to be delivered to such holders by the Company under Section 262(d) of the DGCLDGCL at the time the Company first files the Schedule 14D-9 with the SEC. The Company shall set the record date for the holders of Company Common Stock Company’s stockholders to receive such notice of appraisal rights as the same date as the Stockholder List Date and shall disseminate the Schedule 14D-9 including such notice of appraisal rights to such holders the Company’s stockholders to the extent required by Section 262(d) of the DGCL providedDGCL. Each of Parent, thatHoldCo, Merger Sub and the Company shall promptly correct any information provided by it for use in the Schedule 14D-9 if and to the extent that such record date will not information shall have become false or misleading in any material respect, and the Company further agrees to use reasonable best efforts to cause the Schedule 14D-9, as so corrected, to promptly be more than ten (10) calendar days filed with the SEC and to promptly be disseminated to the Company’s stockholders, in each case as and to the extent required by applicable Law. Parent, HoldCo and Merger Sub shall use its reasonable best efforts to promptly furnish or otherwise make available to the Company or its legal counsel any information concerning Parent, HoldCo or Merger Sub that is required by the Exchange Act to be set forth in the Schedule 14D-9 or reasonably requested by the Company for inclusion in the Schedule 14D-9. Parent, HoldCo and their counsel shall be given reasonable opportunity to review and comment on the Schedule 14D-9 and any amendment thereto prior to the date that filing thereof with the SEC, and the Company shall give due consideration to the reasonable additions, deletions or changes suggested thereto by Parent, HoldCo, Merger Sub or their counsel. The Company shall provide Parent, HoldCo and their counsel with a copy of any written comments, and a written summary of any oral comments, the Company or its counsel may receive from the SEC or its staff with respect to the Schedule 14D-9 is first mailedpromptly after receipt of such comments. The Company hereby consents shall give Parent and its counsel a reasonable opportunity to review and comment on any proposed written responses to any comments of the SEC or its staff with respect to the inclusion of Schedule 14D-9, except if the Company Board Recommendation in the Offer Documents and, absent an has properly made a Company Adverse Recommendation Change, to the inclusion of a copy of the Schedule 14D-9 .
1.2.2 In connection with the Offer Documents mailed Offer, from time to time as requested by or furnished to on behalf of Parent, HoldCo or Merger Sub, the holders of Company Common Stock.
shall (d) The Company shall, or shall cause its transfer agent to, ) promptly furnish Parent with a list of its stockholders, non-objecting beneficial owners and Merger Sub and their agents promptly (and in any event within five (5) Business Days) after the date of this Agreement and from time to time thereafter as requested by Parent available listing or Merger Sub with mailing labels computer file containing the names and addresses of the record or beneficial holders of shares of Company Common Stock and lists of securities positions of shares of Company Common Stock held in stock depositories as of the latest most recent practicable date and of those persons becoming record holders subsequent to such date, together with copies of all lists of stockholders, security position listings and computer files any non-objecting beneficial ownership lists, and all other information in to the extent known by the Company’s possession or control regarding the beneficial owners of Company Common Stock, in each case as of the latest date practicable, and shall promptly furnish provide to Parent and Merger Sub such other additional information and assistance (including periodically updated lists of stockholdersstockholders and lists of securities positions) and provide such other assistance as Parent, security position listings and computer files) as Parent HoldCo or Merger Sub may reasonably request in connection communicating with the Offerrecord and beneficial holders of shares of Company Common Stock. The date of the list of stockholders used to determine the Persons to whom the Offer Documents and the Schedule 14D-9 are first disseminated is referred to as the “Stockholder List Date.” Subject to the requirements of applicable Law”. Parent, and except for such steps as are necessary to disseminate the Offer Documents and any other documents necessary to consummate the Merger Transactions, Parent HoldCo and Merger Sub and their representatives shall use Representatives agree that the information contained in any such labels, listings and or files only shall be considered “Information” as such term is defined in connection with the Merger Transactions, shall treat such information and materials in accordance with the terms and conditions of the Confidentiality Agreement.
1.2.3 Subject to Section 5.2, andthe Company consents to the inclusion in the Offer Documents of a description of the Company Board Recommendation.
1.2.4 Unless Parent and HoldCo otherwise consent in writing, if this Agreement is terminatedthe Company shall not, and shall destroy all copies not permit any of such information then its Subsidiaries to, tender in their possession the Offer any shares of Company Common Stock owned by the Company or under their control promptly upon the written request any direct or indirect Subsidiary of the Company.
Appears in 2 contracts
Samples: Merger Agreement (Steinhoff International Holdings N.V.), Merger Agreement (Mattress Firm Holding Corp.)
Company Actions. (a) The Company hereby approves of and consents to the Offer, the Merger Offer and the other Merger Transactions and consents to the inclusion in the Offer Documents of the recommendation of the Company Board described in Section 4.4(b) (the “Company Board Recommendation”).
(b) On As promptly as reasonably practicable on the date of filing by Pxxxxx and Merger Sub of the Offer Documents are filed with Documents, and in any event no later than ten (10) Business Days after the SECdate of this Agreement, the Company shall, concurrently with the filing of the Schedule TO, shall file with the SEC a Solicitation/Recommendation Statement on Schedule 14D-9 with respect to the Offer (such Schedule 14D-9, together with all exhibits, amendments and supplements thereto and including exhibits thereto, including, if applicable, a Rule 13E-3 transaction statement on Schedule 13E-3 (together with any amendments thereof or supplements thereto, the “Schedule 13E-314D-9”), which shall reflect that the “Schedule 14D-9”Merger is governed by Section 251(h) containing, subject to Section 5.3, of the DGCL and shall contain the recommendation of the Company Board Recommendation described in Section 4.4(b). Parent and Merger Sub shall promptly supply to the Company in writing, for inclusion in the Schedule 14D-9, all information concerning Parent and Merger Sub required under applicable U.S. federal securities laws to be included in the Schedule 14D-9. The Company, or at the request of the Company, Merger Sub, shall cause the Schedule 14D-9 and the Schedule 13E-3 to be disseminated to the holders of Company Common Stock Shares, as and to the extent required by United States applicable federal securities Laws, including Rule 14d-9 and Rule 13E-3 under the Exchange Act. Each of Parent and Merger Sub shall promptly furnish or otherwise make available to the Company or the Company’s legal counsel upon request all information concerning Parent and Merger Sub that is required by the Exchange Act or other applicable Law to be set forth in the Schedule 14D-9 or the Schedule 13E-3 and all other information concerning Parent and Merger Sub that may be reasonably requested by the Company for inclusion in the Schedule 14D-9 or the Schedule 13E-3Law. Each of the Company, Parent, Parent and Merger Mxxxxx Sub shall agrees promptly to correct any information supplied provided by it or on its behalf for inclusion or incorporation by reference use in the Schedule 14D-9 or the Schedule 13E-3 if and to the extent that such information shall have become false or misleading in any material respect, and the Company shall further agrees to take all steps necessary and use all reasonable efforts to promptly amend or supplement the Schedule 14D-9 or the Schedule 13E-3 and to cause the Schedule 14D-9 or the Schedule 13E-3 as so amended or supplemented corrected to be filed with the SEC and to be disseminated to the holders of Company Common StockShares, in each case as soon case, as and to the extent required by applicable federal securities Law. The Company shall promptly notify Parent upon the receipt of any comments from the SEC, or any request from the SEC for amendments or supplements, to the Schedule 14D-9 or the Schedule 13E-3, and shall promptly provide Parent with copies of all written correspondence and summaries of all material oral communications between the Company and its representatives, on the one hand, and the SEC, on the other hand. Prior to the filing of the Schedule 14D-9 or the Schedule 13E-3 and any amendment or supplement thereto (that does not contain or relate to an Adverse Recommendation Change) with the SEC or dissemination thereof to the holders of Company Common Stock, or responding to any comments of the SEC with respect to the Schedule 14D-9 or the Schedule 13E-3, the Company shall provide Parent, Merger Mxxxxx Sub and their counsel shall be given a reasonable opportunity to review and comment on the Schedule 14D-9 or and any amendments thereto prior to the Schedule 13E-3 or amendment or supplement or response, filing thereof with the SEC and the Company shall give reasonable due consideration to all reasonable additions, deletions or changes suggested thereto by Parent, Mxxxxx Sub and their counsel. In addition, the Company agrees to provide Pxxxxx, Mxxxxx Sub and their counsel any such comments. Unless the Offer has been terminated in accordance with the terms of this Agreement, in the event whether written or oral, that the Company receives any comments or its counsel may receive from the SEC or its staff with respect to the Schedule 14D-9 or promptly after the Schedule 13E-3, then it shall use its commercially reasonable efforts to respond promptly to receipt of such comments, and any written or oral responses thereto. Parent, Mxxxxx Sub and their counsel shall be given a reasonable opportunity to review and comment upon such responses and the Company shall give due consideration to all reasonable additions, deletions or changes suggested thereto by Pxxxxx, Mxxxxx Sub and their counsel.
(c) The Schedule 14D-9 shall also reflect that the Merger is governed by Section 251(h) of the DGCL and contain and constitute the notice to holders of Company Common Stock of the availability of appraisal rights in In connection with the Merger required to be delivered to such holders by Section 262(d) of Offer, the DGCL. The Company shall set the record date for the holders of Company Common Stock instruct its transfer agent to, and use commercially reasonable efforts to receive such notice of appraisal rights as the same date as the Stockholder List Date and shall disseminate the Schedule 14D-9 including such notice of appraisal rights to such holders to the extent required by Section 262(d) of the DGCL provided, that, such record date will not be more than ten (10) calendar days prior to the date that the Schedule 14D-9 is first mailed. The Company hereby consents to the inclusion of the Company Board Recommendation in the Offer Documents and, absent an Adverse Recommendation Change, to the inclusion of a copy of the Schedule 14D-9 with the Offer Documents mailed or furnished to the holders of Company Common Stock.
(d) The Company shall, or shall cause its transfer agent to, promptly furnish Parent and Merger Sub and their agents promptly (and in any event within five (5) Business Days) after the date of this Agreement and from time to time thereafter as requested by Parent or Merger Sub with mailing labels labels, security position listings, any non-objecting beneficial owner lists and any available listings or computer files containing the names and addresses of the record holders of Company Common Stock Shares as of the latest most recent practicable date and of those persons becoming record holders subsequent to such date, together with copies of all lists of stockholders, security position listings and computer files any non-objecting beneficial ownership lists, and all other information in the Company’s possession or control regarding the beneficial owners of Company Common Stock, in each case as of the latest date practicable, and shall promptly furnish to Parent and Merger Sub with such additional available information (including, but not limited to, periodic updates of such information) and such other information and assistance (including periodically updated lists of stockholdersas Parent, security position listings and computer files) as Parent or Merger Sub or their Representatives may reasonably request in connection with the Offer. The date of the list of stockholders used to determine the Persons to whom communicating the Offer Documents to the record and the Schedule 14D-9 are first disseminated is referred to as the “Stockholder List Date.” beneficial holders of Shares. Subject to the requirements of applicable Law, Laws and except for such steps as are necessary to disseminate the Offer Documents and any other documents necessary to consummate the Offer, the Merger Transactionsand the transactions contemplated hereby, Parent and Merger Sub and their representatives shall use shall, until consummation of the Offer, hold in confidence the information contained in any of such labelslabels and lists in accordance with the Confidentiality Agreement, listings and files use such information only in connection with the Offer, the Merger Transactions, shall treat such information and materials in accordance with or the terms and conditions of other the Confidentiality Agreement, transactions contemplated hereby and, if this Agreement is terminatedshall be terminated in accordance with Section 8.1, shall destroy all electronic copies of such information and destroy or deliver to the Company all other copies of such information then in their possession or under their control promptly upon control.
(d) Neither the Company Board nor any committee thereof shall, except as permitted by Section 1.3(e) or Section 6.13: (i) withdraw or withhold, or modify, amend or qualify in a manner adverse to Parent and Merger Sub, the Company Board Recommendation, or propose publicly to take any such action; (ii) approve, adopt, recommend or declare advisable any Acquisition Proposal, or propose publicly to take such action (any action described in clause (i) or clause (ii) being referred to as a “Change in Recommendation” ); or (iii) cause the Company to enter into any letter of intent, agreement in principle, agreement or other Contract (other than a confidentiality agreement entered into in compliance with Section 6.13(a)) contemplating an Acquisition Proposal (any such contract that is a definitive agreement providing for the consummation of an Acquisition Proposal, an “Alternative Acquisition Agreement”).
(e) Notwithstanding anything to the contrary contained in this Agreement, at any time prior to the Acceptance Time, the Company Board may make a Change in Recommendation in response to a bona fide Acquisition Proposal and/or cause the Company to enter into an Alternative Acquisition Agreement concerning an Acquisition Proposal, if (and only if): (i) such Acquisition Proposal is first made after the date hereof and did not result from a material breach of Section 6.13(a); (ii) the Company Board (or a committee thereof) determines in good faith (A) after consultation with the Company’s outside legal counsel and financial advisor, that such Acquisition Proposal constitutes a Superior Proposal and (B) after consultation with the Company’s outside legal counsel, that in light of such Acquisition Proposal, a failure to make a Change in Recommendation and/or to cause the Company to enter into such Alternative Acquisition Agreement would be inconsistent with the Company Board’s fiduciary obligations to the Company’s stockholders under applicable Law; (iii) the Company delivers to Parent a written request notice (the “Superior Proposal Notice”) stating that the Company Board intends to take such action and (in the event the Company Board contemplates causing the Company to enter into an Alternative Acquisition Agreement) including a copy of such Alternative Acquisition Agreement and the identity of the potential counterparty to such Alternative Acquisition Agreement; (iv) during the five (5) Business Day period commencing after the date of Parent’s receipt of such Superior Proposal Notice, the Company shall have made its Representatives reasonably available for the purpose of engaging in negotiations with Parent (to the extent Parent desires to negotiate) regarding a possible amendment of this Agreement or the Offer or a possible alternative transaction so that the Acquisition Proposal that is the subject of the Superior Proposal Notice ceases to be a Superior Proposal; (v) after the expiration of the negotiation period described in clause (iv) above, the Company Board (or a committee thereof) shall have determined in good faith, after taking into account any amendments or adjustments to this Agreement and the Offer or an alternative transaction that Parent and Merger Sub have irrevocably agreed in writing to make as a result of the negotiations contemplated by clause (iv) above, that (A) after consultation with the Company’s outside legal counsel and financial advisor, such Acquisition Proposal constitutes a Superior Proposal, and (B) after consultation with the Company’s outside legal counsel, the failure to make a Change in Recommendation and/or enter into such Alternative Acquisition Agreement would be inconsistent with the Company Board’s fiduciary obligations to the Company’s stockholders under applicable Law; and (vi) if the Company enters into an Alternative Acquisition Agreement concerning such Superior Proposal, the Company terminates this Agreement in accordance with Section 8.1(d)(i); provided, however, that, in the event of any material amendment or adjustment to the terms of any Superior Proposal, the Company shall deliver an additional Superior Proposal Notice and comply again with clauses (iii) through (v) of this Section 1.3(e), except that references to five (5) Business Days shall be deemed to be three (3) Business Days.
(f) Promptly following the Acceptance Time, the Company shall instruct its transfer agent to register the transfer of the Shares accepted for payment by Merger Sub.
Appears in 1 contract
Company Actions. (a) The Company hereby approves of and consents to the Offer, the Merger and the other Merger Transactions and consents to the inclusion in Schedule 14D-9. On the Offer Documents of the Company Board Recommendation.
(b) On the date the Offer Documents are filed with the SECCommencement Date, the Company shall, following or concurrently with the filing of the Schedule TO, the Company shall file with the SEC and disseminate to holders of shares of Company Common Stock, in each case as and to the extent required by applicable federal securities Laws, a Tender Offer Solicitation/Recommendation Statement on Schedule 14D-9 with respect to the Offer (together with all amendments and supplements thereto and including exhibits thereto, including, if applicable, a Rule 13E-3 transaction statement on Schedule 13E-3 (together with any exhibits, amendments thereof or supplements thereto, the “Schedule 13E-3”), the “Schedule 14D-9”) containingthat, subject to Section 5.36.4, shall reflect the Company Board Recommendation and shall provide each of the holders of shares of Company Common Stock with the notice contemplated by Section 262(d)(2) of the DGCL. Prior to such filing and dissemination, the Company shall set the date of the list used to determine the Persons to whom the Offer Documents and Schedule 14D-9 are first disseminated as the record date for the purpose of receiving the notice required by Section 262(d)(2) of the DGCL. The Company agrees that it shall cause the Schedule 14D-9 to comply in all material respects with the Exchange Act and other applicable Law. Unless requested otherwise by the Company, Parent shall use commercially reasonable efforts to cause the Schedule 13E-3 14D-9 to be mailed or otherwise disseminated to the holders of shares of Company Common Stock as and to together with the extent required by United States federal securities Laws, including Rule 14d-9 and Rule 13E-3 under the Exchange ActOffer Documents. Each of Parent and Merger Sub shall promptly furnish or otherwise make available to Sub, on the Company or one hand, and the Company’s legal counsel upon request all , on the other hand, agrees to respond promptly to any comments of the SEC or its staff and to promptly correct any information concerning Parent and Merger Sub that is required provided by the Exchange Act or other applicable Law to be set forth it for use in the Schedule 14D-9 or the Schedule 13E-3 and all other information concerning Parent and Merger Sub that may be reasonably requested by the Company for inclusion in the Schedule 14D-9 or the Schedule 13E-3. Each of the Company, Parent, and Merger Sub shall promptly correct any information supplied by it or on its behalf for inclusion or incorporation by reference in the Schedule 14D-9 or the Schedule 13E-3 if and to the extent that such information shall have become false or misleading in any material respectrespect or as otherwise required by applicable Law, and the Company shall further agrees to take all steps necessary and use all reasonable efforts to promptly amend or supplement the Schedule 14D-9 or the Schedule 13E-3 and to cause the Schedule 14D-9 or the Schedule 13E-3 as so amended or supplemented corrected to be filed with the SEC and to be disseminated to the holders of shares of Company Common Stock, in each case as soon as and to the extent required by applicable Lawfederal securities laws. The Except from and after the time at which a Company Adverse Change Recommendation is effected, Parent and Merger Sub shall promptly notify Parent upon the receipt of any comments from the SEC, furnish or any request from the SEC for amendments or supplements, otherwise make available to the Schedule 14D-9 Company or the Schedule 13E-3, its legal counsel all information concerning Parent and shall promptly provide Merger Sub required in connection with any action contemplated by this Section 2.2(a). Parent with copies of all written correspondence and summaries of all material oral communications between the Company and its representatives, on the one hand, and the SEC, on the other hand. Prior to the filing of the Schedule 14D-9 or the Schedule 13E-3 and any amendment or supplement thereto (that does not contain or relate to an Adverse Recommendation Change) with the SEC or dissemination thereof to the holders of Company Common Stock, or responding to any comments of the SEC with respect to the Schedule 14D-9 or the Schedule 13E-3, the Company counsel shall provide Parent, Merger Sub and their counsel a be given reasonable opportunity to review and comment on the Schedule 14D-9 or the Schedule 13E-3 or and any amendment or supplement or response, and thereto by the Company shall give reasonable consideration prior to any such comments. Unless the Offer has been terminated in accordance filing thereof with the terms of this Agreement, in the event that SEC. The Company agrees to provide Parent and its counsel with any comments the Company receives any comments or its counsel may receive from the SEC or its staff with respect to the Schedule 14D-9 or the Schedule 13E-3, then it shall use its commercially reasonable efforts to respond promptly to after receipt of such comments.
(c) . The Schedule 14D-9 shall also reflect that the Merger is governed by Section 251(h) obligations of the DGCL and contain and constitute Company in this Section 2.2(a) shall not apply if the notice to holders of Company Common Stock of the availability of appraisal rights in connection with the Merger required to be delivered to such holders by Section 262(d) of the DGCLBoard effects a Company Adverse Change Recommendation. The Company shall set respond promptly to any comments of the record date for the holders of Company Common Stock SEC or its staff with respect to receive such notice of appraisal rights as the same date as the Stockholder List Date and shall disseminate the Schedule 14D-9 including 14D-9. The Company shall provide Parent and its counsel a reasonable opportunity to review and comment on any response to any such notice comments of appraisal rights to such holders the SEC or its staff and a reasonable opportunity (to the extent required by Section 262(dpracticable) of the DGCL provided, that, such record date will not be more than ten (10) calendar days prior to the date that the Schedule 14D-9 is first mailed. The Company hereby consents to the inclusion of the Company Board Recommendation participate in the Offer Documents and, absent an Adverse Recommendation Change, to the inclusion of a copy of the Schedule 14D-9 any substantive discussions with the Offer Documents mailed SEC or furnished to the holders of Company Common Stockits staff concerning such comments.
(d) The Company shall, or shall cause its transfer agent to, furnish Parent and Merger Sub and their agents promptly (and in any event within five (5) Business Days) after the date of this Agreement and from time to time thereafter as requested by Parent or Merger Sub with mailing labels containing the names and addresses of the record holders of Company Common Stock as of the latest practicable date and of those persons becoming record holders subsequent to such date, together with copies of all lists of stockholders, security position listings and computer files any non-objecting beneficial ownership lists, and all other information in the Company’s possession or control regarding the beneficial owners of Company Common Stock, in each case as of the latest date practicable, and shall promptly furnish to Parent and Merger Sub such other information and assistance (including periodically updated lists of stockholders, security position listings and computer files) as Parent or Merger Sub may reasonably request in connection with the Offer. The date of the list of stockholders used to determine the Persons to whom the Offer Documents and the Schedule 14D-9 are first disseminated is referred to as the “Stockholder List Date.” Subject to the requirements of applicable Law, and except for such steps as are necessary to disseminate the Offer Documents and any other documents necessary to consummate the Merger Transactions, Parent and Merger Sub and their representatives shall use the information contained in any such labels, listings and files only in connection with the Merger Transactions, shall treat such information and materials in accordance with the terms and conditions of the Confidentiality Agreement, and, if this Agreement is terminated, shall destroy all copies of such information then in their possession or under their control promptly upon the written request of the Company.
Appears in 1 contract
Company Actions. (a) The Company hereby approves of and consents to the Offer, the Merger and the other Merger Transactions and consents to the inclusion in the Offer Documents of the Company Board Recommendation.
(b) Schedule 14D-9. On the date the Offer Documents are filed with the SEC, the Company shall, concurrently with the filing of the Schedule TO, shall file with the SEC and disseminate to the holders of Shares, in each case as and to the extent required by applicable federal securities Laws, a Tender Offer Solicitation/Recommendation Statement on Schedule 14D-9 with respect to the Offer (together with all amendments and supplements thereto and including exhibits thereto, including, if applicable, a Rule 13E-3 transaction statement on Schedule 13E-3 (together with any exhibits, amendments thereof or supplements thereto, the “Schedule 13E-3”), the “Schedule 14D-9”) containingthat, subject to Section 5.36.4(b), shall reflect the Company Board Recommendation and include the notice and other information required by Section 1575 of the PBCL. The Company agrees that it shall cause the Schedule 14D-9 to comply in all material respects with the Exchange Act and other applicable Laws, and to not contain any untrue statement of a material fact or omission of a material fact necessary in order to make the statements made therein, in light of the circumstances under which they are made, not misleading, except that no covenant is made by the Company with respect to information supplied by Parent or Merger Sub in writing specifically for inclusion or incorporation by reference in the Schedule 13E-3 to be disseminated to the holders of Company Common Stock as and to the extent required by United States federal securities Laws, including Rule 14d-9 and Rule 13E-3 under the Exchange Act14D-9. Each of Parent and Merger Sub shall promptly furnish or otherwise make available to the Company or the Company’s its legal counsel upon request all information concerning Parent and Merger Sub or their Affiliates that is required by the Exchange Act or other applicable Law or is reasonably requested to be set forth included in the Schedule 14D-9 or 14d-9. Parent, Merger Sub and the Schedule 13E-3 and all other Company shall cooperate in good faith to determine the information concerning regarding Parent and Merger Sub that may be reasonably requested by the Company for inclusion is necessary to include in the Schedule 14D-9 or the Schedule 13E-3in order to satisfy applicable Law. Each of the Company, Parent, Xxxxxx Sub and Merger Sub shall the Company agrees to respond promptly to any comments (including oral comments) of the SEC or its staff and to promptly correct any information supplied provided by it or on its behalf for inclusion or incorporation by reference use in the Schedule 14D-9 or the Schedule 13E-3 if and to the extent that such information shall have become false or misleading in any material respect, and the Company shall further agrees to take all steps necessary and use all reasonable efforts to promptly amend or supplement the Schedule 14D-9 or the Schedule 13E-3 and to cause the Schedule 14D-9 or the Schedule 13E-3 as so amended or supplemented corrected to be filed with the SEC and to be disseminated to the holders of Company Common StockShares, in each case as soon as and to the extent required by applicable Lawfederal securities Laws. The Company shall promptly notify Parent upon the receipt of any comments from the SEC, or any request from the SEC for amendments or supplements, to the Schedule 14D-9 or the Schedule 13E-3, and shall promptly provide Parent with copies of all written correspondence and summaries of all material oral communications between the Company and its representatives, on the one hand, and the SEC, on the other hand. Prior to the filing of the Schedule 14D-9 or the Schedule 13E-3 and any amendment or supplement thereto (that does not contain or relate to an Adverse Recommendation Change) with the SEC or dissemination thereof to the holders of Company Common Stock, or responding to any comments of the SEC with respect to the Schedule 14D-9 or the Schedule 13E-3, the Company counsel shall provide Parent, Merger Sub and their counsel a be given reasonable opportunity to review and comment on the Schedule 14D-9 or prior to the Schedule 13E-3 or amendment or supplement or responsefiling thereof with the SEC, and the Company shall give reasonable and good faith consideration to any such commentscomments made by Parent or its counsel. Unless the Offer has been terminated in accordance The Company agrees to provide Parent and its counsel with the terms prompt notice of this Agreement, in the event any comments (whether written or oral) that the Company receives any comments or its counsel may receive from the SEC or its staff with respect to the Schedule 14D-9 (which notice shall include a copy of any written comments and a summary of any oral comments) and the Company shall provide Parent and its counsel a reasonable opportunity to participate in the formulation of any response to any such comments of the SEC or its staff, including the Schedule 13E-3, then it shall use opportunity to participate in any discussions with the SEC or its commercially reasonable efforts to respond promptly to staff concerning such comments.
(c) The Schedule 14D-9 shall also reflect that the Merger is governed by Section 251(h) of the DGCL and contain and constitute the notice to holders of Company Common Stock of the availability of appraisal rights in connection with the Merger required to be delivered to such holders by Section 262(d) of the DGCL. The Company shall set respond promptly to any comments of the record date for the holders of Company Common Stock SEC or its staff with respect to receive such notice of appraisal rights as the same date as the Stockholder List Date and shall disseminate the Schedule 14D-9 including such notice of appraisal rights to such holders 14D-9. Notwithstanding anything to the extent required by Section 262(d) contrary herein, the obligations of the DGCL provided, that, such record date will not be more than ten (10) calendar days prior to the date that the Schedule 14D-9 is first mailed. The Company hereby consents to the inclusion of the Company Board Recommendation in the Offer Documents and, absent an Adverse Recommendation Change, to the inclusion of a copy of the Schedule 14D-9 with the Offer Documents mailed or furnished to the holders of Company Common Stock.
(d) The Company shall, or shall cause its transfer agent to, furnish Parent and Merger Sub and their agents promptly (and in any event within five (5) Business Days) after the date of this Agreement and from time to time thereafter as requested by Parent or Merger Sub with mailing labels containing the names and addresses of the record holders of Company Common Stock as of the latest practicable date and of those persons becoming record holders subsequent to such date, together with copies of all lists of stockholders, security position listings and computer files any non-objecting beneficial ownership lists, and all other information in the Company’s possession or control regarding the beneficial owners of Company Common Stock, in each case as of the latest date practicable, and shall promptly furnish to Parent and Merger Sub such other information and assistance (including periodically updated lists of stockholders, security position listings and computer files) as Parent or Merger Sub may reasonably request in connection with the Offer. The date of the list of stockholders used to determine the Persons to whom the Offer Documents and the Schedule 14D-9 are first disseminated is referred to as the “Stockholder List Date.” Subject to the requirements of applicable Law, and except for such steps as are necessary to disseminate the Offer Documents and any other documents necessary to consummate the Merger Transactions, Parent and Merger Sub and their representatives in this Section 2.2(a) shall use not apply if the information contained in any such labels, listings and files only in connection with the Merger Transactions, shall treat such information and materials Company Board effects a Company Adverse Change Recommendation in accordance with the terms and conditions of the Confidentiality Agreement, and, if this Agreement is terminated, shall destroy all copies of such information then in their possession or under their control promptly upon the written request of the CompanySection 6.4.
Appears in 1 contract
Company Actions. (a) The Company hereby approves As soon as practicable following (but in any event on the same day as) the filing of and consents to the Offer, the Merger and the other Merger Transactions and consents to the inclusion in the Offer Documents of the Company Board Recommendation.
(b) On the date the Offer Documents are filed with the SEC, the Company shall, concurrently with the filing of the Schedule TO, shall file with the SEC a Solicitation/Recommendation Statement on Schedule 14D-9 with respect to the Offer (together with all amendments amendments, supplements and supplements thereto and including exhibits thereto, including, if applicable, a Rule 13E-3 transaction statement on Schedule 13E-3 (together with any amendments thereof or supplements thereto, the “Schedule 13E-3”), the “Schedule 14D-9”) containingthat shall, subject to the provisions of Section 5.37.03, contain (i) the recommendation described in Section 5.02, (ii) a copy of the opinion referenced in Section 5.25 in its entirety, together with a summary thereof in accordance with Item 1015(b) of Regulation M-A under the Exchange Act, whether or not such item is applicable and (iii) such other information that is customarily included therein, as mutually determined by Parent and the Company. The Company Board Recommendation and shall agrees to cause the Schedule 14D-9 and the Schedule 13E-3 to be prepared and filed with the SEC and disseminated to the holders stockholders of Company Common Stock the Company, in each case as and to the extent required by United States federal securities Laws, including Rule 14d-9 and Rule 13E-3 under the Exchange Act. Each To the extent requested by the Company, Parent shall cause the Schedule 14D-9 to be mailed or otherwise disseminated to the stockholders of the Company together with the Offer Documents disseminated to the stockholders of the Company. Parent and Merger Sub Subsidiary shall promptly furnish or otherwise make available to the Company or the Company’s legal counsel upon request all information concerning Parent and Merger Sub Subsidiary that is reasonably requested by the Company, or is required by the Exchange Act or other applicable Law Applicable Law, to be set forth in the Schedule 14D-9 or 14D-9. The Company, on the Schedule 13E-3 one hand, and all other information concerning Parent and Merger Sub that may be reasonably requested Subsidiary, on the other hand, agree to promptly correct any information provided by the Company it for inclusion use in the Schedule 14D-9 or the Schedule 13E-3. Each of the Company, Parent, and Merger Sub shall promptly correct any information supplied by it or on its behalf for inclusion or incorporation by reference in the Schedule 14D-9 or the Schedule 13E-3 if and to the extent that such information shall have become false or misleading in any material respect, and the respect or as otherwise required by Applicable Law. The Company shall take all steps necessary and use all reasonable efforts to promptly amend or supplement the Schedule 14D-9 or the Schedule 13E-3 and further agrees to cause the Schedule 14D-9 or the Schedule 13E-3 14D-9, as so amended or supplemented corrected (if applicable), to be filed with the SEC and disseminated to the holders stockholders of Company Common Stockthe Company, in each case as soon as and to the extent required by applicable Lawthe Exchange Act. The Company shall promptly notify Parent and Merger Subsidiary upon the receipt of any comments from the SEC, or any request from the SEC for amendments or supplements, to the Schedule 14D-9 or the Schedule 13E-314D-9, and shall promptly provide Parent and Merger Subsidiary with copies of all written correspondence and summaries of all material oral communications between the Company it and its representatives, on the one hand, and the SEC, on the other hand. Prior hand and prior to the filing of the Schedule 14D-9 (including any amendments or the Schedule 13E-3 and any amendment or supplement thereto (that does not contain or relate to an Adverse Recommendation Changesupplements thereto) with the SEC or dissemination thereof to the holders stockholders of Company Common Stockthe Company, or responding in writing to any comments of the SEC with respect to the Schedule 14D-9 or the Schedule 13E-314D-9, the Company shall provide Parent, Merger Sub Subsidiary and their counsel representatives a reasonable opportunity to review and comment on the such Schedule 14D-9 or the Schedule 13E-3 or amendment or supplement or response, and the Company shall give reasonable consideration to any such comments. Unless the Offer has been terminated in accordance with the terms of this Agreement, in the event that the The Company receives shall use its reasonable best efforts to respond promptly to any comments from of the SEC or its staff with respect to the Schedule 14D-9 or the Schedule 13E-3, then it shall use its commercially reasonable efforts to respond promptly to such comments.
(c) The Schedule 14D-9 shall also reflect that the Merger is governed by Section 251(h) of the DGCL and contain and constitute the notice to holders of Company Common Stock of the availability of appraisal rights in connection with the Merger required to be delivered to such holders by Section 262(d) of the DGCL. The Company shall set the record date for the holders of Company Common Stock to receive such notice of appraisal rights as the same date as the Stockholder List Date and shall disseminate the Schedule 14D-9 including such notice of appraisal rights to such holders to the extent required by Section 262(d) of the DGCL provided, that, such record date will not be more than ten (10) calendar days prior to the date that the Schedule 14D-9 is first mailed14D-9. The Company hereby consents to the inclusion in the Offer Documents of the Company Board Recommendation in the Offer Documents and, absent an Adverse Recommendation Change, to the inclusion of a copy of the Schedule 14D-9 with the Offer Documents mailed or furnished to the holders of Company Common StockRecommendation.
(db) The In connection with the Offer, the Company shall, shall promptly furnish or shall cause its transfer agent to, furnish to be furnished to Parent and Merger Sub Subsidiary mailing labels, security position listings and their agents promptly (and in any event within five (5) Business Days) after the date of this Agreement and from time to time thereafter as requested by Parent other available listings or Merger Sub with mailing labels computer files containing the names and addresses of the record holders or beneficial owners of the shares of Company Common Stock as of the latest most recent practicable date and of those persons becoming record holders subsequent to such date, together with copies of all lists of stockholders, security position listings and computer files any non-objecting beneficial ownership lists, and all other information in the Company’s possession or control regarding the beneficial owners of Company Common Stock, in each case as of the latest date practicable, and shall promptly furnish to Parent and Merger Sub Subsidiary with such other information and assistance (including periodically updated lists of stockholdersrecord holders or beneficial owners of the shares of Company Stock, updated from time to time upon Parent’s, Merger Subsidiary’s or either of their respective agent’s request, and the addresses, mailing labels and lists of security position listings and computer filespositions of such record holders or beneficial owners) as Parent Parent, Merger Subsidiary or Merger Sub its agent may reasonably request in connection with for the Offer. The date purpose of communicating the Offer to the record holders and beneficial owners of the list shares of stockholders used to determine the Persons to whom the Offer Documents and the Schedule 14D-9 are first disseminated is referred to as the “Stockholder List Date.” Company Stock. Subject to the requirements of applicable Applicable Law, and except for such steps as are necessary to disseminate the Offer Documents and any other documents necessary to consummate the Offer, the Merger Transactionsand the other transactions contemplated hereby, Parent and Merger Sub and their representatives Subsidiary shall use hold in confidence the information contained in any such labels, listings and files in accordance with the Confidentiality Agreement and shall use such information only in connection with the Offer and the Merger Transactions, shall treat such information and materials in accordance with the terms and conditions of the Confidentiality Agreement, and, if this Agreement is shall be terminated, shall destroy promptly deliver (and shall use their respective commercially reasonable efforts to cause their agents and representatives to deliver) to the Company (or destroy) all copies and any extract or summaries of such information then in their possession or under their control promptly upon the written request of the Companycontrol.
Appears in 1 contract
Samples: Merger Agreement (Telular Corp)
Company Actions. (a) The Subject to Section 5.2, the Company hereby approves of and consents to the Offer, the Merger and the other Merger Transactions and consents to the inclusion in the Offer Documents of the Company Board Recommendationtransactions contemplated hereby.
(b) On the date the Offer Documents are filed with the SECis commenced, the Company shallwill, concurrently in a manner that complies with Rule 14d-9 promulgated under the filing of the Schedule TOExchange Act, file with the SEC a Tender Offer Solicitation/Recommendation Statement on Schedule 14D-9 with respect to the Offer (together with all amendments amendments, supplements and supplements thereto and including exhibits thereto, including, if applicable, a Rule 13E-3 transaction statement on Schedule 13E-3 (together with any amendments thereof or supplements thereto, the “Schedule 13E-3”), the “Schedule 14D-9”) containingwhich will, subject to Section 5.35.2, contain the recommendation of the Company Board of Directors referenced in Section 3.3(b), all information required by Law, and the notice and other information required by Section 262(d)(2) of the DGCL such that the Schedule 14D-9 will constitute a valid notice of appraisal rights under Section 262(d)(2) of the DGCL). Subject to Parent and Merger Sub’s compliance in all material respect with the terms of Section 1.1(b), the Company Board Recommendation and shall cause the Schedule 14D-9 and the Schedule 13E-3 further agrees to be disseminated to the holders of Company Common Stock as and to the extent required by United States federal securities Laws, including Rule 14d-9 and Rule 13E-3 under the Exchange Act. Each of Parent and Merger Sub shall promptly furnish or otherwise make available to the Company or the Company’s legal counsel upon request all information concerning Parent and Merger Sub that is required by the Exchange Act or other applicable Law to be set forth in the Schedule 14D-9 or the Schedule 13E-3 and all other information concerning Parent and Merger Sub that may be reasonably requested by the Company for inclusion in the Schedule 14D-9 or the Schedule 13E-3. Each of the Company, Parent, and Merger Sub shall promptly correct any information supplied by it or on its behalf for inclusion or incorporation by reference in the Schedule 14D-9 or the Schedule 13E-3 if and to the extent that such information shall have become false or misleading in any material respect, and the Company shall take all steps actions necessary and use all reasonable efforts to promptly amend or supplement the Schedule 14D-9 or the Schedule 13E-3 and to cause the Schedule 14D-9 or the Schedule 13E-3 as so amended or supplemented to be filed with the SEC and disseminated to the holders of Company Common Stockthe Shares, in each case as soon case, as and to the extent required by applicable Law. The Company shall promptly notify Parent upon will adopt the receipt of any comments from the SEC, or any request from the SEC for amendments or supplements, to the Schedule 14D-9 or the Schedule 13E-3, and shall promptly provide Parent with copies of all written correspondence and summaries of all material oral communications between the Company and its representatives, on the one hand, and the SEC, on the other hand. Prior to the filing of the Schedule 14D-9 or the Schedule 13E-3 and any amendment or supplement thereto (that does not contain or relate to an Adverse Recommendation Change) with the SEC or dissemination thereof to the holders of Company Common Stock, or responding to any comments of the SEC with respect to the Schedule 14D-9 or the Schedule 13E-3, the Company shall provide Parent, Merger Sub and their counsel a reasonable opportunity to review and comment on the Schedule 14D-9 or the Schedule 13E-3 or amendment or supplement or response, and the Company shall give reasonable consideration to any such comments. Unless the Offer has been terminated in accordance with the terms of this Agreement, in the event that the Company receives any comments from the SEC or its staff with respect to the Schedule 14D-9 or the Schedule 13E-3, then it shall use its commercially reasonable efforts to respond promptly to such comments.
(c) The Schedule 14D-9 shall also reflect that the Merger is governed by Section 251(h) of the DGCL and contain and constitute the notice to holders of Company Common Stock of the availability of appraisal rights in connection with the Merger required to be delivered to such holders by Section 262(d) of the DGCL. The Company shall set Stockholder List Date as the record date for the holders purpose of Company Common Stock to receive such receiving the notice of appraisal rights as the same date as the Stockholder List Date and shall disseminate the Schedule 14D-9 including such notice of appraisal rights to such holders to the extent required by Section 262(d262(d)(2) of the DGCL DGCL; provided, thathowever, that such record date will not be more than ten (10) calendar days prior to the date that the Schedule 14D-9 is first mailed. The Company hereby consents will forward to the inclusion of the Company Board Recommendation in the Offer Documents andParent, absent an Adverse Recommendation Changesolely for informational purposes, to the inclusion of a correct and complete copy of the Schedule 14D-9 with written version of the Offer Documents mailed or furnished to opinion from the holders Company’s financial advisors referenced in Section 3.26 promptly following the execution of Company Common Stock.
(d) The Company shall, or shall cause its transfer agent to, furnish Parent and Merger Sub and their agents promptly (this Agreement and in any no event within five later than two (52) Business Days) business days after the date of this Agreement Agreement. The Company, on the one hand, and Parent and Merger Sub, on the other hand, will promptly correct and supplement any information provided by it for use in the Schedule 14D-9 if and to the extent that such information will have become false or misleading in any material respect or as otherwise required by Law. The Company agrees to take all actions necessary to cause the Schedule 14D-9 as so corrected to be filed with the SEC and disseminated to holders of the Shares, in each case, as and to the extent required by Law; provided, however, that any such filing of the corrected Schedule 14D-9 will not, without the prior written consent of Parent, waive, extend or restart the notice period for purposes of Section 262(d)(2) of the DGCL. Parent and Merger Sub will be given the opportunity to review and comment on the Schedule 14D-9 and any amendment thereto before filing with the SEC, and the Company will consider any such comments in good faith. In addition, the Company agrees to provide Parent and Merger Sub any comments, whether written or oral, that the Company or its counsel may receive from time to time thereafter as requested by from the SEC or its staff with respect to the Schedule 14D-9 promptly after receipt of such comments, and to consult with Parent, Merger Sub and their counsel prior to responding to any such comments, either in written or oral form.
(c) The Company will promptly furnish, or cause to be furnished, to Parent or Merger Sub with mailing labels labels, security position listings and all available listings and computer files containing the names and addresses of the record holders of Company Common Stock the Shares as of a recent date (such date, the latest practicable date “Stockholder List Date”), and of those persons Persons becoming record holders subsequent to such date, together with copies of all lists of stockholders, security position listings and computer files any non-objecting beneficial ownership lists, and all other information in the Company’s possession or control regarding the beneficial owners of Company Common Stock, in each case as of the latest date practicable, and shall will promptly furnish to Parent and or Merger Sub with such other information and assistance (including periodically updated lists of stockholdersholders of the Shares, updated periodically, and their addresses, mailing labels and lists of security position listings and computer filespositions) as Parent or Merger Sub or its agents may reasonably request request. Subject to Law, such information will be held confidential by Parent and Merger Sub in accordance with the Confidentiality Agreement, dated July 31, 2018, by and between Parent and the Company (as amended, the “Confidentiality Agreement”). Parent and Merger Sub shall, and shall cause their agents to, use such information only in connection with the Offer. The date making of the list of stockholders used to determine the Persons to whom the Offer Documents and the Schedule 14D-9 are first disseminated is referred to as the “Stockholder List Date.” Subject pursuant to the requirements terms of applicable Lawthis Agreement. If this Agreement shall be terminated, Parent shall, upon request, deliver, and except for shall cause its agents to deliver, to the Company (or destroy) all copies and any extracts or summaries from such steps as are necessary information then in their possession or control. For the avoidance of doubt, the parties agree that the Confidentiality Agreement does not restrict any action taken to prepare, file or disseminate the Offer Documents and any other documents necessary to consummate the Merger Transactionstransactions contemplated hereby, Parent and Merger Sub and their representatives shall use in each case, in the information contained in any such labels, listings and files only in connection with the Merger Transactions, shall treat such information and materials in accordance with the terms and conditions of the Confidentiality manner contemplated by this Agreement, and, if this Agreement is terminated, shall destroy all copies of such information then in their possession or under their control promptly upon the written request of the Company.
Appears in 1 contract
Samples: Merger Agreement (Invuity, Inc.)
Company Actions. (a) The Company hereby approves of and consents to the Offer, the Merger and the other Merger Transactions and consents to the inclusion in the Offer Documents of the Company Board Recommendation.
(b) On the date the initial Offer Documents are filed with the SECSEC or as soon as practicable thereafter, the Company shall, concurrently in a manner that complies with Rule 14d-9 promulgated under the filing of the Schedule TOExchange Act, file with the SEC a Solicitation/Tender Offer Solicitation/ Recommendation Statement on Schedule 14D-9 with respect to the Offer (together with all amendments amendments, supplements and supplements thereto and including exhibits thereto, including, if applicable, a Rule 13E-3 transaction statement on Schedule 13E-3 (together with any amendments thereof or supplements thereto, the “Schedule 13E-3”), the “Schedule 14D-9”) containing), which shall, subject to the provisions of Section 5.35.03, reflect the terms and conditions of this Agreement, describe and make the Company Board Recommendation with respect to the Offer, include a copy of the fairness opinion referred to in Section 3.20 and include the notice of appraisal rights in the Merger to holders of Company Table of Contents Common Stock required by Section 262 of the DGCL, and shall take all steps reasonably necessary to cause the Schedule 14D-9 and the Schedule 13E-3 to be disseminated to the holders of Company Common Stock as Stock. The Company and Parent shall cooperate to cause the Schedule 14D-9 to be mailed or otherwise disseminated to the extent required by United States federal securities Laws, including Rule 14d-9 and Rule 13E-3 under holders of Company Common Stock together with the Exchange ActOffer Documents disseminated to the holders of Company Common Stock. Each of Parent and Merger Sub shall promptly furnish or otherwise make available to the Company or the Company’s legal counsel upon request all information concerning Parent and Merger Sub that is required by the Exchange Act or other applicable Law to be set forth in the Schedule 14D-9 or the Schedule 13E-3 and all other information concerning Parent and Merger Sub that may be reasonably requested by the Company for inclusion in the Schedule 14D-9 or the Schedule 13E-314D-9. Each of the Company, Parent, Parent and Merger Sub shall promptly correct any information supplied provided by it or on its behalf for inclusion or incorporation by reference use in the Schedule 14D-9 or the Schedule 13E-3 14D-9, if and to the extent that such information shall have become false or misleading in any material respect, and the Company shall take all steps necessary and use all reasonable efforts to promptly amend or supplement the Schedule 14D-9 or the Schedule 13E-3 and to cause the Schedule 14D-9 or the Schedule 13E-3 14D-9, as so amended or supplemented supplemented, to be filed with the SEC and disseminated to the holders of Company Common Stock, in each case as soon as and to the extent required by applicable Lawfederal securities Laws. The Company shall promptly notify Parent upon the receipt of any comments from the SEC (or the staff of the SEC, ) or any request from the SEC (or the staff of the SEC) for amendments or supplements, supplements to the Schedule 14D-9 or the Schedule 13E-314D-9, and shall promptly provide Parent with copies of all written correspondence and summaries of all material oral communications between the Company and its representativesthe Company Representatives, on the one hand, and the SEC (or the staff of the SEC), on the other hand. The Company shall use its reasonable best efforts to respond as promptly as reasonably practicable to any comments of the SEC (or the staff of the SEC) with respect to the Schedule 14D-9. Prior to the filing of the Schedule 14D-9 (or the Schedule 13E-3 and any amendment or supplement thereto (that does not contain thereto) or relate to an Adverse Recommendation Change) with the SEC or dissemination thereof to the holders stockholders of Company Common Stockthe Company, or responding to any comments of the SEC (or the staff of the SEC) with respect to the Schedule 14D-9 or the Schedule 13E-3thereto, the Company shall provide Parent, Merger Sub and their counsel Parent a reasonable opportunity to review and comment to propose comments on the Schedule 14D-9 or the Schedule 13E-3 or amendment or supplement such document or response, and the Company shall give reasonable consideration to any such comments. Unless the Offer has been terminated in accordance with the terms of this Agreement, in the event that the Company receives any comments from the SEC or its staff with respect to the Schedule 14D-9 or the Schedule 13E-3, then it shall use its commercially reasonable efforts to respond promptly to such comments.
(c) The Schedule 14D-9 shall also reflect that the Merger is governed by Section 251(h) of the DGCL and contain and constitute the notice to holders of Company Common Stock of the availability of appraisal rights in connection with the Merger required to be delivered to such holders by Section 262(d) of the DGCL. The Company shall set the record date for the holders of Company Common Stock to receive such notice of appraisal rights as the same date as the Stockholder List Date and shall disseminate the Schedule 14D-9 including such notice of appraisal rights to such holders to the extent required by Section 262(d) of the DGCL provided, that, such record date will not be more than ten (10) calendar days prior to the date that the Schedule 14D-9 is first mailed. The Company hereby consents to the inclusion of the Company Board Recommendation in the Offer Documents and, absent an Adverse Recommendation Change, to the inclusion of a copy of the recommendation of the board of directors of the Company contained in the Schedule 14D-9 14D-9.
(b) In connection with the Offer Documents mailed or furnished to and the holders of Merger, the Company Common Stock.
(d) The Company shall, or shall cause its transfer agent to, to furnish Parent and Merger Sub and their agents promptly (and in any event within five (5) Business Days) Days after the date of execution of this Agreement and from time to time thereafter as requested by Parent or Merger Sub all parties hereto) with mailing labels containing the names and addresses of the record holders of Company Common Stock as of the latest most recent practicable date and of those persons becoming record holders subsequent to such date, together together, to the extent available, with copies of all lists of stockholders, security position listings and computer files any non-objecting beneficial ownership lists, and all other information in the Company’s possession or control regarding the beneficial owners of Company Common Stock, in each case as of the latest date practicable, and shall promptly furnish to Parent and Merger Sub such other information and assistance (including periodically updated lists of record holders and stockholders, security position listings and computer files) as Parent or Merger Sub may reasonably request in connection with the Offer. The date of the list of stockholders used to determine the Persons to whom communicating the Offer Documents and to the Schedule 14D-9 are first disseminated is referred to as the “Stockholder List Date.” Company’s stockholders. Subject to the requirements of applicable Law, and except for such steps as are necessary to disseminate the Offer Documents and any other documents necessary to consummate the Merger Transactions, Parent and Merger Sub shall keep confidential and their representatives shall use not disclose such information, including the information contained in any such labels, lists, listings and files files, in each case as required by the Confidentiality Agreement, shall use such information only in connection with the Offer and the Merger Transactions, shall treat such information and materials in accordance with the terms and conditions of the Confidentiality Agreement, and, if this Agreement is shall be terminated, shall shall, upon request, deliver to the Company or destroy all copies of such information then in their possession or under their control promptly upon in accordance with the written request Confidentiality Agreement. In addition, in connection with the Offer, the Company shall cooperate with Parent and Sub to disseminate the Offer Documents to holders of shares of Table of Contents Company Common Stock held in or subject to any Company Benefit Plan and, to the Companyextent provided for in any such Company Benefit Plan, to permit such holders of shares to tender shares of Company Common Stock in the Offer.
Appears in 1 contract
Samples: Merger Agreement (Tellabs Inc)
Company Actions. (a) The Company hereby approves of and consents to the Offer, Transactions. The Company represents that it has been advised that all of its directors and all of its named executive officers (as defined in the Merger and the other Merger Transactions and consents Company’s most recent proxy statement) who own shares of Company Common Stock intend to tender such shares pursuant to the inclusion in the Offer Documents of the Company Board RecommendationOffer.
(b) On To the extent reasonably practicable, on the date the Offer Documents are filed with the SECSEC (and, in any event, within one (1) Business Day thereof), the Company shall, concurrently with the filing of the Schedule TO, shall file with the SEC a Solicitation/Recommendation Statement on Schedule 14D-9 with respect to the Offer (together with all amendments and supplements thereto and including exhibits theretosuch Schedule 14D-9, including, if applicable, a Rule 13E-3 transaction statement on Schedule 13E-3 (together with any supplements or amendments thereof or supplements thereto, the “Schedule 13E-3”), the “Schedule 14D-9”) containing, subject to Section 5.3, containing the Company Board Recommendation and shall cause mail the Schedule 14D-9 and the Schedule 13E-3 to be disseminated to the holders stockholders of the Company Common Stock as and to the extent required by United States federal securities Laws, including Rule 14d-9 and Rule 13E-3 under the Exchange Act. Each of The Company shall cause the Schedule 14D-9 to comply in all material respects with the Exchange Act and all other applicable Law. Parent and Merger Sub shall promptly furnish or otherwise make available to the Company or the Company’s legal counsel upon request all information concerning Parent and Merger Sub that is required by the Exchange Act or other applicable Law to be set forth in the Schedule 14D-9 or the Schedule 13E-3 and all other information concerning Parent and Merger Sub that may be reasonably requested by the Company for inclusion in the Schedule 14D-9 or the Schedule 13E-314D-9. Each of the Company, Parent, Parent and Merger Sub shall promptly correct any information supplied by it or on its behalf for inclusion or incorporation by reference in the Schedule 14D-9 or the Schedule 13E-3 if and to the extent that such information shall have become false or misleading in any material respect, and the Company shall take all steps necessary and use all reasonable efforts to promptly amend or supplement the Schedule 14D-9 or the Schedule 13E-3 and to cause the Schedule 14D-9 or the Schedule 13E-3 as so amended or supplemented to be filed with the SEC and disseminated to the holders stockholders of Company Common Stockthe Company, in each case as soon as reasonably practicable and as and to the extent required by applicable LawUnited States federal securities Laws. The Company shall promptly notify Parent upon the receipt of any comments from the SEC, or any request from the SEC for amendments or supplements, to the Schedule 14D-9 or the Schedule 13E-314D-9, and shall promptly provide Parent with copies of all written correspondence and summaries of all material oral communications between the Company and its representativesRepresentatives, on the one hand, and the SEC, on the other hand. Prior to the filing of the Schedule 14D-9 or the Schedule 13E-3 and (including any amendment or supplement thereto (that does not contain or relate to an Adverse Recommendation Changethereto) with the SEC or dissemination mailing thereof to the holders stockholders of Company Common Stockthe Company, or responding to any comments of the SEC with respect to the Schedule 14D-9 or the Schedule 13E-314D-9, the Company shall provide Parent, Merger Sub Parent and their its counsel a reasonable opportunity to review and comment on the such Schedule 14D-9 or the Schedule 13E-3 or amendment or supplement or response, and the Company shall give reasonable and good faith consideration to any such comments. Unless the Offer has been terminated in accordance with the terms of this Agreement, in the event that the Company receives any comments from the SEC or its staff with respect to the Schedule 14D-9 or the Schedule 13E-3, then it shall use its commercially reasonable efforts to respond promptly to such comments.
(c) The Schedule 14D-9 shall also reflect that the Merger is governed by Section 251(h) of the DGCL and contain and constitute the notice to holders of Company Common Stock of the availability of appraisal rights in connection with the Merger required to be delivered to such holders by Section 262(d) of the DGCL. The Company shall set the record date for the holders of Company Common Stock to receive such notice of appraisal rights as the same date as the Stockholder List Date and shall disseminate the Schedule 14D-9 including such notice of appraisal rights to such holders to the extent required by Section 262(d) of the DGCL provided, that, such record date will not be more than ten (10) calendar days prior to the date that the Schedule 14D-9 is first mailed. The Company hereby consents to the inclusion of the Company Board Recommendation in the Offer Documents and, absent an Adverse Recommendation Change, to the inclusion of a copy of the Schedule 14D-9 Company Recommendation.
(c) In connection with the Offer Documents mailed or furnished to and the holders of Merger, the Company Common Stock.
(d) The Company shall, or shall cause its transfer agent to, to furnish Parent and Merger Sub and their agents promptly (promptly, and in any event within five (5) Business Days) after Days of the date of this Agreement and from time to time thereafter as requested by Parent or Merger Sub hereof, with mailing labels containing the names and addresses of the record holders of Company Common Stock as of the latest practicable date and of those persons becoming record holders subsequent to such date, together with copies of all lists of stockholders, security position listings and computer files any non-objecting beneficial ownership lists, and all other information in the Company’s possession or control regarding the beneficial owners of shares of Company Common Stock, in each case as of the latest date practicable, and shall promptly furnish to Parent and Merger Sub such other information and assistance (including periodically updated lists of stockholders, security position listings and computer files) as Parent or Merger Sub may reasonably request in connection with the Offer. The date of the list of stockholders used to determine the Persons to whom communicating the Offer Documents and the Schedule 14D-9 are first disseminated is referred to as the “Stockholder List Date.” holders of Company Common Stock. Subject to the requirements of applicable Law, and except for such steps as are necessary to disseminate the Offer Documents and any other documents necessary to consummate the Merger TransactionsOffer and the Merger, Parent and Merger Sub and their representatives agents (x) shall use hold in confidence the information contained in any such labels, listings and files and will use such information only in connection with the Offer and the Merger Transactionsand (y) following the termination of this Agreement, shall treat such information promptly, at the election of Parent, deliver to the Company or destroy, and materials in accordance with will use their reasonable best efforts to cause their agents to deliver to the terms and conditions of the Confidentiality AgreementCompany or destroy, and, if this Agreement is terminated, shall destroy all copies and any extract or summaries of such information then in their possession or under their control and promptly upon certify to the written request of the CompanyCompany in writing that all such material has been so returned or destroyed.
Appears in 1 contract
Company Actions. (a) The Company hereby approves of and consents Schedule 14D-9. Subject to the OfferSection 6.01(b), the Merger and the other Merger Transactions and consents to the inclusion in as promptly as practicable on the Offer Documents of the Company Board Recommendation.
(b) On the date the Offer Documents are filed with the SECCommencement Date, the Company shall, concurrently with following the filing of the Schedule TOOffer Documents, the Company shall (i) file with the SEC a Tender Offer Solicitation/Recommendation Statement on Schedule 14D-9 with respect to the Offer (together with all amendments and supplements thereto and including exhibits thereto, including, if applicable, a Rule 13E-3 transaction statement on Schedule 13E-3 (together with any exhibits, amendments thereof or supplements thereto, the “Schedule 13E-3”), the “Schedule 14D-9”) containing, subject to Section 5.3, that shall reflect the Company Board Recommendation and shall include the fairness opinion of the Company’s financial advisors referenced in Section 3.23 and the notice and other information required by Section 262(d)(2) of the DGCL and (ii) cause the Schedule 14D-9 and the Schedule 13E-3 related documents to be disseminated to the holders of Company Common Stock Shares as and to the extent required by United States federal securities Lawsapplicable Legal Requirements, including Rule 14d-9 and Rule 13E-3 under by setting the Exchange Act. Each Stockholder List Date as the record date for purposes of Parent and Merger Sub shall promptly furnish or otherwise make available to receiving the Company or the Company’s legal counsel upon request all information concerning Parent and Merger Sub that is notice required by Section 262(d)(2) of the DGCL. The Company agrees that it shall cause the Schedule 14D-9 to (x) comply in all material respects with the Exchange Act or and other applicable Law Legal Requirements and (y) not contain any untrue statement of a material fact or omit to state any material fact required to be set forth stated therein or necessary in order to make the Schedule 14D-9 or statements therein, in light of the Schedule 13E-3 and all other information concerning Parent and Merger Sub circumstances under which they were made, not misleading; provided, however, that may be reasonably requested no covenant is made by the Company for inclusion in the Schedule 14D-9 or the Schedule 13E-3. Each of the Company, Parent, and Merger Sub shall promptly correct any with respect to information supplied by it or on its behalf of Parent or Purchaser for inclusion or incorporation by reference in the Schedule 14D-9 14D-9. Each of Parent, Purchaser and the Company agrees to respond promptly to any comments (including oral comments) of the SEC or its staff and to promptly correct any information provided by it for use in the Schedule 13E-3 14D-9 if and to the extent that such information shall have become false or misleading in any material respect, and the Company shall further agrees to take all steps necessary and use all reasonable efforts to promptly amend or supplement the Schedule 14D-9 or the Schedule 13E-3 and to cause the Schedule 14D-9 or the Schedule 13E-3 as so amended or supplemented corrected to be filed with the SEC and to be disseminated to the holders of Company Common StockShares, in each case as soon as and to the extent required by applicable LawLegal Requirements. The Company Parent and Purchaser shall promptly notify Parent upon the receipt of any comments from the SEC, furnish or any request from the SEC for amendments or supplements, otherwise make available to the Schedule 14D-9 Company or the Schedule 13E-3, and shall promptly provide Company’s legal counsel all information concerning Parent or Purchaser that may be required or reasonably requested in connection with copies of all written correspondence and summaries of all material oral communications between the Company any action contemplated by this Section 1.02(a). Parent and its representatives, on the one hand, and the SEC, on the other hand. Prior to the filing of the Schedule 14D-9 or the Schedule 13E-3 and any amendment or supplement thereto (that does not contain or relate to an Adverse Recommendation Change) with the SEC or dissemination thereof to the holders of Company Common Stock, or responding to any comments of the SEC with respect to the Schedule 14D-9 or the Schedule 13E-3, the Company counsel shall provide Parent, Merger Sub and their counsel a be given reasonable opportunity to review and comment on the Schedule 14D-9 (including any response to any comments (including oral comments) of the SEC or its staff with respect thereto) prior to the Schedule 13E-3 or amendment or supplement or responsefiling thereof with the SEC, and the Company shall give reasonable consideration to any such comments made by Parent or its counsel. The Company agrees to provide Parent and its counsel with any comments (including oral comments. Unless the Offer has been terminated in accordance with the terms of this Agreement, in the event that ) the Company receives any comments or its counsel may receive from the SEC or its staff with respect to the Schedule 14D-9 or the Schedule 13E-3, then it shall use its commercially reasonable efforts to respond promptly to such comments.
(c) The Schedule 14D-9 shall also reflect that the Merger is governed by Section 251(h) of the DGCL and contain and constitute the notice to holders of Company Common Stock of the availability of appraisal rights in connection with the Merger required to be delivered to such holders by Section 262(d) of the DGCL. The Company shall set the record date for the holders of Company Common Stock to receive such notice of appraisal rights as the same date as the Stockholder List Date and shall disseminate the Schedule 14D-9 including such notice of appraisal rights to such holders to the extent required by Section 262(d) of the DGCL provided, that, such record date will not be more than ten (10) calendar days prior to the date that the Schedule 14D-9 is first mailed. The Company hereby consents to the inclusion of the Company Board Recommendation in the Offer Documents and, absent an Adverse Recommendation Change, to the inclusion of a copy of the Schedule 14D-9 with the Offer Documents mailed or furnished to the holders of Company Common Stock.
(d) The Company shall, or shall cause its transfer agent to, furnish Parent and Merger Sub and their agents promptly (and in any event within five (5) Business Days) after the date of this Agreement and from time to time thereafter as requested by Parent or Merger Sub with mailing labels containing the names and addresses of the record holders of Company Common Stock as of the latest practicable date and receipt of those persons becoming record holders subsequent to such date, together with copies of all lists of stockholders, security position listings and computer files any non-objecting beneficial ownership lists, and all other information in the Company’s possession or control regarding the beneficial owners of Company Common Stock, in each case as of the latest date practicable, and shall promptly furnish to Parent and Merger Sub such other information and assistance comments (including periodically updated lists of stockholders, security position listings and computer files) as Parent or Merger Sub may reasonably request in connection with the Offer. The date of the list of stockholders used to determine the Persons to whom the Offer Documents and the Schedule 14D-9 are first disseminated is referred to as the “Stockholder List Dateoral comments).” Subject to the requirements of applicable Law, and except for such steps as are necessary to disseminate the Offer Documents and any other documents necessary to consummate the Merger Transactions, Parent and Merger Sub and their representatives shall use the information contained in any such labels, listings and files only in connection with the Merger Transactions, shall treat such information and materials in accordance with the terms and conditions of the Confidentiality Agreement, and, if this Agreement is terminated, shall destroy all copies of such information then in their possession or under their control promptly upon the written request of the Company.
Appears in 1 contract
Company Actions. (a) The Company hereby approves of and consents to the Offer, the Merger and the other Merger Transactions and consents to the inclusion in the Offer Documents of the Company Board Recommendation.
(b) Schedule 14D-9. On the date the Offer Documents are filed with the SEC, the Company shall, concurrently with the filing of the Schedule TO, shall file with the SEC a Solicitation/Recommendation Statement on Schedule 14D-9 with respect to the Offer (together with all amendments amendments, supplements, and supplements thereto and including exhibits thereto, including, if applicable, a Rule 13E-3 transaction statement on Schedule 13E-3 (together with any amendments thereof or supplements thereto, the “Schedule 13E-3”), the “Schedule 14D-9”) containingthat shall, subject to the provisions of Section 5.38.2(a), contain the Company Board Recommendation and shall cause the Schedule 14D-9 and the Schedule 13E-3 to be disseminated to the holders of Company Common Stock as and to the extent required by United States federal securities Laws, including Rule 14d-9 and Rule 13E-3 under the Exchange Actrecommendation described in Section 6.4(b). Each of Parent and Merger Sub shall promptly furnish or otherwise make available to the Company or the Company’s legal counsel upon request all information concerning Parent and Merger Sub that is required by the Exchange Act or other applicable Law to be set forth in the Schedule 14D-9 or the Schedule 13E-3 and all other information concerning Parent and Merger Sub that may be reasonably requested by the Company for inclusion in the Schedule 14D-9 or the Schedule 13E-3. Each of the Company, Parent, and Merger Sub shall promptly correct any information supplied by it or on its behalf for inclusion or incorporation by reference in the Schedule 14D-9 or the Schedule 13E-3 if and to the extent that such information shall have become false or misleading in any material respect, and the Company shall take all steps necessary and use all reasonable efforts to promptly amend or supplement the Schedule 14D-9 or the Schedule 13E-3 and to cause the Schedule 14D-9 or the Schedule 13E-3 as so amended or supplemented to be filed with the SEC and disseminated to the holders of Company Common Stock, in each case as soon as and to the extent required by applicable Law. The Company shall promptly notify Parent upon the receipt of any comments from the SEC, or any request from the SEC for amendments or supplements, to the Schedule 14D-9 or the Schedule 13E-3, and shall promptly provide Parent with copies of all written correspondence and summaries of all material oral communications between the Company and its representatives, on the one hand, and the SEC, on the other hand. Prior to the filing of the Schedule 14D-9 or the Schedule 13E-3 and any amendment or supplement thereto (that does not contain or relate to an Adverse Recommendation Change) with the SEC or dissemination thereof to the holders of Company Common Stock, or responding to any comments of the SEC with respect to the Schedule 14D-9 or the Schedule 13E-3, the Company shall provide Parent, Merger Sub and their counsel a reasonable opportunity to review and comment on the Schedule 14D-9 or the Schedule 13E-3 or amendment or supplement or response, and the Company shall give reasonable consideration to any such comments. Unless the Offer has been terminated in accordance with the terms of this Agreement, in the event that the Company receives any comments from the SEC or its staff with respect to the Schedule 14D-9 or the Schedule 13E-3, then it shall use its commercially reasonable efforts to respond promptly to such comments.
(c) The Schedule 14D-9 shall also reflect that the Merger is governed by Section 251(h) of the DGCL and contain and constitute the notice to holders of Company Common Stock of the availability of appraisal rights in connection with the Merger required to be delivered to such holders by the Company under Section 262(d) of the DGCLDGCL at the time the Company first files the Schedule 14D-9 with the SEC. The Company shall set the record date for the holders of Company Common Stock Company’s stockholders to receive such notice of appraisal rights as the same date as the Stockholder List Date and shall disseminate the Schedule 14D-9 including such notice of appraisal rights to such holders the Company’s stockholders to the extent required by Section 262(d) of the DGCL provided, that, such record date will not be more than ten (10) calendar days prior DGCL. The Company agrees to the date that take all steps necessary to cause the Schedule 14D-9 is first mailedto be prepared and filed with the SEC and disseminated to the stockholders of the Company, in each case as and to the extent required by the Exchange Act. Parent and Merger Sub shall promptly furnish to the Company all information concerning Parent and Merger Sub required by the Exchange Act to be set forth in the Schedule 14D-9. The Company, on the one hand, and Parent and Merger Sub, on the other hand, agree to promptly correct any information provided by it for use in the Schedule 14D-9 if and to the extent that such information shall have become false or misleading in any material respect or as otherwise required by applicable Law. The Company further agrees to take all steps necessary to cause the Schedule 14D-9, as so corrected (if applicable), to be filed with the SEC and disseminated to the stockholders of the Company, in each case as and to the extent required by the Exchange Act. The Company shall promptly notify Parent and Merger Sub upon the receipt of any comments from the SEC, or any request from the SEC for amendments or supplements, to the Schedule 14D-9, and shall promptly provide Parent and Merger Sub with copies of all correspondence between it and its representatives, on the one hand, and the SEC, on the other hand. Prior to the filing of the Schedule 14D-9 (including any amendments or supplements thereto) with the SEC or dissemination thereof to the stockholders of the Company, or responding to any comments of the SEC with respect to the Schedule 14D-9, the Company shall provide Parent, Merger Sub, and their counsel a reasonable opportunity to review and comment on such Schedule 14D-9 or response, and the Company shall give reasonable consideration to any such comments. The Company hereby consents to the inclusion in the Offer Documents of the Company Board Recommendation contained in the Offer Documents and, absent an Adverse Recommendation Change, to the inclusion of a copy of the Schedule 14D-9 with the Offer Documents mailed or furnished to the holders of Company Common Stock14D-9.
(d) The Company shall, or shall cause its transfer agent to, furnish Parent and Merger Sub and their agents promptly (and in any event within five (5) Business Days) after the date of this Agreement and from time to time thereafter as requested by Parent or Merger Sub with mailing labels containing the names and addresses of the record holders of Company Common Stock as of the latest practicable date and of those persons becoming record holders subsequent to such date, together with copies of all lists of stockholders, security position listings and computer files any non-objecting beneficial ownership lists, and all other information in the Company’s possession or control regarding the beneficial owners of Company Common Stock, in each case as of the latest date practicable, and shall promptly furnish to Parent and Merger Sub such other information and assistance (including periodically updated lists of stockholders, security position listings and computer files) as Parent or Merger Sub may reasonably request in connection with the Offer. The date of the list of stockholders used to determine the Persons to whom the Offer Documents and the Schedule 14D-9 are first disseminated is referred to as the “Stockholder List Date.” Subject to the requirements of applicable Law, and except for such steps as are necessary to disseminate the Offer Documents and any other documents necessary to consummate the Merger Transactions, Parent and Merger Sub and their representatives shall use the information contained in any such labels, listings and files only in connection with the Merger Transactions, shall treat such information and materials in accordance with the terms and conditions of the Confidentiality Agreement, and, if this Agreement is terminated, shall destroy all copies of such information then in their possession or under their control promptly upon the written request of the Company.
Appears in 1 contract
Samples: Merger Agreement (Cafepress Inc.)
Company Actions. (a) The Company hereby approves of and consents Schedule 14D-9. Subject to the OfferSection 6.01(b), the Merger and the other Merger Transactions and consents to the inclusion in as promptly as practicable on the Offer Documents of the Company Board Recommendation.
(b) On the date the Offer Documents are filed with the SECCommencement Date, the Company shall, concurrently with following the filing of the Schedule TOOffer Documents, the Company shall (i) file with the SEC a Tender Offer Solicitation/Recommendation Statement on Schedule 14D-9 with respect to the Offer (together with all amendments and supplements thereto and including exhibits thereto, including, if applicable, a Rule 13E-3 transaction statement on Schedule 13E-3 (together with any exhibits, amendments thereof or supplements thereto, the “Schedule 13E-3”), the “Schedule 14D-9”) containing, subject to Section 5.3, that shall reflect the Company Board Recommendation and shall include the fairness opinion of the Company’s financial advisors referenced in Section 3.23 and the notice and other information required by Section 262(d)(2) of the DGCL and (ii) cause the Schedule 14D-9 and the Schedule 13E-3 related documents to be disseminated to the holders of Company Common Stock Shares as and to the extent required by United States federal securities Lawsapplicable Legal Requirements, including Rule 14d-9 and Rule 13E-3 under by setting the Exchange Act. Each Stockholder List Date as the record date for purposes of Parent and Merger Sub shall promptly furnish or otherwise make available to receiving the Company or the Company’s legal counsel upon request all information concerning Parent and Merger Sub that is notice required by Section 262(d)(2) of the DGCL. The Company agrees that it shall cause the Schedule 14D-9 to (x) comply in all material respects with the Exchange Act or and other applicable Law Legal Requirements and (y) not contain any untrue statement of a material fact or omit to state any material fact required to be set forth stated therein or necessary in order to make the Schedule 14D-9 or statements therein, in light of the Schedule 13E-3 and all other information concerning Parent and Merger Sub circumstances under which they were made, not misleading; provided, however, that may be reasonably requested no covenant is made by the Company for inclusion in the Schedule 14D-9 or the Schedule 13E-3. Each of the Company, Parent, and Merger Sub shall promptly correct any with respect to information supplied by it or on its behalf of Parent or Purchaser for inclusion or incorporation by reference in the Schedule 14D-9 14D-9. Each of Parent, Purchaser and the Company agrees to respond promptly to any comments (including oral comments) of the SEC or its staff and to promptly correct any information provided by it for use in the Schedule 13E-3 14D-9 if and to the extent that such information shall have become false or misleading in any material respect, and the Company shall further agrees to take all steps necessary and use all reasonable efforts to promptly amend or supplement the Schedule 14D-9 or the Schedule 13E-3 and to cause the Schedule 14D-9 or the Schedule 13E-3 as so amended or supplemented corrected to be filed with the SEC and to be disseminated to the holders of Company Common StockShares, in each case as soon as and to the extent required by applicable LawLegal Requirements. The Company Parent and Purchaser shall promptly notify Parent upon the receipt of any comments from the SEC, furnish or any request from the SEC for amendments or supplements, otherwise make available to the Schedule 14D-9 Company or the Schedule 13E-3, and shall promptly provide Company’s legal counsel all information concerning Parent or Purchaser that may be required or reasonably requested in connection with copies of all written correspondence and summaries of all material oral communications between the Company any action contemplated by this Section 1.02(a). Parent and its representatives, on the one hand, and the SEC, on the other hand. Prior to the filing of the Schedule 14D-9 or the Schedule 13E-3 and any amendment or supplement thereto (that does not contain or relate to an Adverse Recommendation Change) with the SEC or dissemination thereof to the holders of Company Common Stock, or responding to any comments of the SEC with respect to the Schedule 14D-9 or the Schedule 13E-3, the Company counsel shall provide Parent, Merger Sub and their counsel a be given reasonable opportunity to review and comment on the Schedule 14D-9 (including any response to any comments (including oral comments) of the SEC or its staff with respect thereto) prior to the Schedule 13E-3 or amendment or supplement or responsefiling thereof with the SEC, and the Company shall give reasonable consideration to any such comments made by Parent or its counsel. The Company agrees to provide Parent and its counsel with any comments (including oral comments. Unless the Offer has been terminated in accordance with the terms of this Agreement, in the event that ) the Company receives any comments or its counsel may receive from the SEC or its staff with respect to the Schedule 14D-9 or the Schedule 13E-3, then it shall use its commercially reasonable efforts to respond promptly to such comments.
(c) The Schedule 14D-9 shall also reflect that the Merger is governed by Section 251(h) of the DGCL and contain and constitute the notice to holders of Company Common Stock of the availability of appraisal rights in connection with the Merger required to be delivered to such holders by Section 262(d) of the DGCL. The Company shall set the record date for the holders of Company Common Stock to receive such notice of appraisal rights as the same date as the Stockholder List Date and shall disseminate the Schedule 14D-9 including such notice of appraisal rights to such holders to the extent required by Section 262(d) of the DGCL provided, that, such record date will not be more than ten (10) calendar days prior to the date that the Schedule 14D-9 is first mailed. The Company hereby consents to the inclusion of the Company Board Recommendation in the Offer Documents and, absent an Adverse Recommendation Change, to the inclusion of a copy of the Schedule 14D-9 with the Offer Documents mailed or furnished to the holders of Company Common Stock.
(d) The Company shall, or shall cause its transfer agent to, furnish Parent and Merger Sub and their agents promptly (and in any event within five (5) Business Days) after the date of this Agreement and from time to time thereafter as requested by Parent or Merger Sub with mailing labels containing the names and addresses of the record holders of Company Common Stock as of the latest practicable date and receipt of those persons becoming record holders subsequent to such date, together with copies of all lists of stockholders, security position listings and computer files any non-objecting beneficial ownership lists, and all other information in the Company’s possession or control regarding the beneficial owners of Company Common Stock, in each case as of the latest date practicable, and shall promptly furnish to Parent and Merger Sub such other information and assistance comments (including periodically updated lists of stockholders, security position listings and computer files) as Parent or Merger Sub may reasonably request in connection with the Offer. The date of the list of stockholders used to determine the Persons to whom the Offer Documents and the Schedule 14D-9 are first disseminated is referred to as the “Stockholder List Dateoral comments).” Subject to the requirements of applicable Law, and except for such steps as are necessary to disseminate the Offer Documents and any other documents necessary to consummate the Merger Transactions, Parent and Merger Sub and their representatives shall use the information contained in any such labels, listings and files only in connection with the Merger Transactions, shall treat such information and materials in accordance with the terms and conditions of the Confidentiality Agreement, and, if this Agreement is terminated, shall destroy all copies of such information then in their possession or under their control promptly upon the written request of the Company.
Appears in 1 contract
Company Actions. (a) The Company hereby approves Simultaneously with the filing of and consents to the Offer, the Merger and the other Merger Transactions and consents to the inclusion in the Offer Documents of the Company Board Recommendation.
(b) On the date the Offer Documents are filed with the SEC, the Company shall, concurrently with the filing of the Schedule TO, shall file with the SEC a Solicitation/Recommendation Statement on Schedule 14D-9 with respect to the Offer (together with all amendments amendments, supplements, and supplements thereto and including exhibits thereto, including, if applicable, a Rule 13E-3 transaction statement on Schedule 13E-3 (together with any amendments thereof or supplements thereto, the “Schedule 13E-3”), the “"Schedule 14D-9”) containing"). The Schedule 14D-9 will comply as to form in all material respects with the provisions of all applicable federal securities Laws. The Schedule 14D-9 shall, subject to the provisions of Section 5.34.3(e) of this Agreement, contain the recommendation of the Company's board of directors that the stockholders of the Company Board Recommendation and shall cause accept the Schedule 14D-9 and the Schedule 13E-3 to be disseminated to the holders Offer, tender their shares of Company Common Stock as and to Merger Sub pursuant to the extent required by United States federal securities LawsOffer, including Rule 14d-9 and Rule 13E-3 under approve and adopt this Agreement and the Exchange ActMerger (the "Company Recommendation"). Each of The Parent and Merger Sub shall promptly furnish or otherwise make available to provide the Company with any information regarding Parent, Merger Sub, or the Company’s legal counsel upon request all information concerning Parent and Merger Sub that is required by the Exchange Act or other applicable Law to be set forth in the Schedule 14D-9 or the Schedule 13E-3 and all other information concerning Parent and Merger Sub their Affiliates that may be required by applicable Law or reasonably requested by the Company for inclusion in order to effectuate the preparation and filing of the Schedule 14D-9 or the Schedule 13E-314D-9. Each of the Company, Parent, and Merger Sub shall promptly correct any information supplied by it or on its behalf for inclusion or incorporation by reference in the Schedule 14D-9 or the Schedule 13E-3 if and to the extent that such information shall have become false or misleading in any material respect, and the The Company shall take all steps necessary and use all reasonable efforts to promptly amend or supplement the Schedule 14D-9 or the Schedule 13E-3 and agrees to cause the Schedule 14D-9 or the Schedule 13E-3 as so amended or supplemented to be filed with the SEC and disseminated to the holders of shares of Company Common Stock, together with the Offer Documents, in each case as soon as and to the extent required by applicable Lawfederal securities Laws. The Company shall promptly notify Parent upon the receipt of any comments from the SEC, or any request from the SEC for amendments or supplements, to the Schedule 14D-9 or the Schedule 13E-3, and shall promptly provide Parent with copies of all written correspondence and summaries of all material oral communications between the Company and its representativesCompany, on the one hand, and the SECParent and Merger Sub, on the other hand. Prior , agree promptly to the filing of correct any information provided by it for use in the Schedule 14D-9 if it shall have become false or misleading in any material respect or as otherwise required by Law. The Company further agrees to take all steps necessary to cause the Schedule 13E-3 and any amendment or supplement thereto (that does not contain or relate 14D-9 as so corrected to an Adverse Recommendation Change) be filed with the SEC or dissemination thereof and disseminated to the holders of the Company Common StockStock as required by applicable federal securities Laws. The Company shall consult with Parent, or responding to any comments of the SEC Merger Sub, and their counsel with respect to the Schedule 14D-9 or the Schedule 13E-3, the Company and shall provide afford Parent, Merger Sub Sub, and their counsel a reasonable opportunity to review and comment on the Schedule 14D-9 or before it is filed with the Schedule 13E-3 or amendment or supplement or responseSEC. The Company shall consider any such comments in good faith. In addition, and the Company shall give reasonable consideration agrees to provide in writing to Parent, Merger Sub and their counsel any such comments. Unless the Offer has been terminated in accordance with the terms of this Agreementcomments or communications, in the event written or oral, that the Company receives any comments or its counsel may receive from time to time from the SEC or its staff with respect to the Schedule 14D-9 or promptly after the Schedule 13E-3Company's receipt of such comments. Prior to responding to any such comments, then it the Company shall use its commercially consult with Parent, Merger Sub and their counsel and provide them with a reasonable efforts opportunity to respond promptly review and participate in any response to such comments.
(c) The Schedule 14D-9 shall also reflect that the Merger is governed by Section 251(h) of the DGCL and contain and constitute the notice to holders of Company Common Stock of the availability of appraisal rights in connection with the Merger required to be delivered to such holders by Section 262(d) of the DGCL. The Company shall set the record date for the holders of Company Common Stock to receive such notice of appraisal rights as the same date as the Stockholder List Date and shall disseminate the Schedule 14D-9 including such notice of appraisal rights consider in good faith any suggestions from Parent, Merger Sub or their counsel with respect to such holders to the extent required by Section 262(d) of the DGCL provided, that, such record date will not be more than ten (10) calendar days prior to the date that the Schedule 14D-9 is first mailedcomments or response. The Company hereby consents to shall provide the inclusion Parent, Merger Sub, and their counsel with copies of all correspondence between the Company Board Recommendation in Company, its counsel, or its representatives, on the Offer Documents andone hand, absent an Adverse Recommendation Changeand the SEC or its staff, to on the inclusion of a copy of the Schedule 14D-9 with the Offer Documents mailed or furnished to the holders of Company Common Stockother hand.
(db) The In connection with the Offer, the Company shall, will as promptly as practicable furnish or shall cause its transfer agent to, furnish Parent and to be furnished to Merger Sub and their agents promptly (and in any event within five (5) Business Days) after the date of this Agreement and from time to time thereafter as requested by Parent available listing or Merger Sub with mailing labels electronic file containing the names and addresses of the record holders of shares of Company Common Stock as of the latest practicable date and of those persons becoming record holders subsequent to such a recent date, together with copies of all lists of stockholders, security position listings and computer files any non-objecting beneficial ownership lists, and all other information in the Company’s possession or control regarding the beneficial owners of Company Common Stock, in each case as of the latest date practicablelistings, and shall promptly furnish or cause to Parent and be furnished to Merger Sub such other information and assistance (including periodically including, but not limited to, updated lists of stockholders, holders of shares of Company Common Stock and updated listings of security position listings and computer filespositions) as Parent or Merger Sub may reasonably request in connection with the Offer. The date for purposes of the list of stockholders used to determine the Persons to whom communicating the Offer Documents and the Schedule 14D-9 are first disseminated is referred to as the “Stockholder List Date.” Subject to the requirements of applicable Law, and except Company's stockholders. Except for such steps as are reasonably necessary to disseminate the Offer Documents and any other documents necessary to consummate the Merger TransactionsOffer, the Parent and Merger Sub and their representatives shall use hold in confidence the information contained in any such labels, listings and files files, shall use such information only in connection with the Offer and the Merger Transactions, shall treat such information and materials in accordance with the terms and conditions of the Confidentiality Agreement, and, if this Agreement is shall be terminated, shall destroy shall, upon request, deliver to the Company all copies of such information then in their possession or under in the possession of their control promptly agents or representatives. Parent and Merger Sub shall take such action as is necessary to disseminate the Offer Documents and Company Recommendation to holders of the Company Common Stock.
(c) Promptly upon the written payment by Merger Sub for shares of Company Common Stock pursuant to the Offer and the Stock Purchase Agreement and from time to time thereafter, Merger Sub shall be entitled to designate such number of directors of the Board of Directors of the Company (the "Board"), rounded to the closest whole number, as is equal to the product of the number of directors on the Board, after giving effect to such representation, and the percentage of the outstanding Shares owned by Merger Sub, and the Company, upon request of Merger Sub, subject to applicable law and the Company's Certificate of Incorporation, shall promptly, at the Company's election, either increase the size of the Board or secure the resignation of such number of directors as is necessary to enable Merger Sub's designees to be elected or appointed to the Board and shall use its reasonable best efforts to cause Merger Sub's designees to be so elected or appointed.
(d) The Company's obligations to appoint designees to the Board shall be subject to Section 14(f) of the Exchange Act and Rule 14f-1 thereunder. The Company shall promptly take all actions required pursuant to Section 14 (f) and Rule 14f-1 and shall include in the Schedule 14D-9 such information with respect to the Company and its officers and directors as is required under Section 14 (f) and Rule 14f-1 so long as Parent and Merger Sub have provided the Company on a timely basis all information required to be provided pursuant to the last sentence of this subsection (d). Parent and Merger Sub will provide the Company with all necessary assistance, in order to fulfill the Company's obligations under this Section 1.2(d), and will supply to the Company in writing and be solely responsible for any information with respect to either of them and their nominees, officers, directors and affiliates required by Section 14 (f) and Rule 14f-1.
(e) Anything in this Section 1.2 to the contrary notwithstanding, if Merger Sub's designees are elected or appointed to the Company's Board, then until the Effective Time, the Company's Board shall have at least two directors, or such greater number as may be required by the rules of the American Stock Exchange, who are Independent Directors. For purposes of this Agreement, the term "Independent Director" shall mean a member of the Company's Board (i) who (except as otherwise provided in this subsection (e)) was a member thereof on the date hereof, (ii) who is not an Affiliate or Associate of Parent or Merger Sub, (iii) who is not an employee of the Company or any of its Subsidiaries, and (iv) who is otherwise considered an independent director within the meaning of the rules of the American Stock Exchange. If the number of Independent Directors shall be reduced below two, or such greater number as may be required by the rules of the American Stock Exchange, the remaining Independent Director(s) shall be entitled to designate persons to fill such vacancies who are not Affiliates or Associates of Parent or Merger Sub and who otherwise are considered independent directors within the meaning of the rules of the American Stock Exchange, and such persons shall be deemed to be Independent Directors for purposes of this Agreement. If there shall be no Independent Directors, then the other directors shall use commercially reasonable efforts to designate two persons, or such greater number as may be required by the rules of the American Stock Exchange, to fill such vacancies who are not Affiliates or Associates of Parent or Merger Sub and who otherwise are considered independent directors within the meaning of the rules of the American Stock Exchange, and such persons shall be deemed to be Independent Directors for purposes of this Agreement. Following the purchase by Merger Sub of shares of Company Common Stock pursuant to the Offer, and prior to the Effective Time, Parent and Merger Sub shall use their reasonable best efforts to ensure that at least two Independent Directors (or such greater number as may be required by the rules of the American Stock Exchange) serve as directors of the Company until the Effective Time and neither Parent nor Merger Sub will take any action to cause any Independent Director to be removed as a director of the Company except for cause. The Independent Directors shall form a committee that, during the period from the time shares of Company Common Stock are accepted for purchase pursuant to the Offer until the Effective Time, shall, to the extent permitted by the General Corporation Law of the State of Delaware (the "DGCL") and this Agreement, have the sole power and authority, by a majority vote of such Independent Directors, to cause the Company to (a) agree to amend this Agreement or to extend the time for the performance of any of the obligations or other acts of the Parent or Merger Sub under the Offer, the Merger or this Agreement, or (b) exercise or waive any of the Company's rights, benefits, or remedies under this Agreement except for the right to terminate the Agreement. In addition, during the period from the time shares of Company Common Stock are accepted for purchase pursuant to the Offer until the Effective Time, any (a) amendment to the Company's Certificate of Incorporation or Bylaws, (b) termination of this Agreement by the Company, (c) other action that could adversely affect the interests of the holders of shares of Company Common Stock (other than the Parent or Merger Sub), and (d) action specified in the immediately preceding sentence with respect to which the DGCL does not permit a committee of the Board to exercise sole power and authority, shall require, in addition to any other affirmative vote required under the DGCL or the Company's Certificate of Incorporation or Bylaws, the affirmative vote of not less than a majority of the entire Board, which majority shall include the concurrence of a majority of the Independent Directors, and neither Parent nor Merger Sub shall approve (either in its capacity as a stockholder or as a party to this Agreement, as applicable), and each shall use its reasonable best efforts to prevent the occurrence of, any such actions, unless such action shall have received the concurrence of a majority of the Independent Directors.
Appears in 1 contract
Company Actions. (a) The Company hereby approves of and consents to the Offer, the purchase of shares of Company Common Stock pursuant to the Offer, the Merger and the other Merger Transactions and consents to the inclusion in the Offer Documents of the Company Board Recommendationtransactions contemplated by this Agreement.
(b) On the date As promptly as reasonably practicable following the Offer Documents are filed with the SECAmendment Date, the Company shall, concurrently with the filing of the Schedule TO, shall file with the SEC a an amendment to its Solicitation/Recommendation Statement on Schedule 14D-9 with respect to the Offer (together with all amendments and supplements thereto and including exhibits theretosuch Schedule 14D-9, including, if applicable, a Rule 13E-3 transaction statement on Schedule 13E-3 (together with any supplements or amendments thereof or supplements thereto, the “Schedule 13E-3”), the “Schedule 14D-9”) containing, subject to Section 5.3, containing the Company Board Recommendation and shall cause mail the Schedule 14D-9 and to the stockholders of the Company. The Company shall also include in the Schedule 13E-3 to be disseminated to 14D-9, in its entirety, copies of the holders opinions of Company Common Stock as Xxxxxxx, Xxxxx & Co. and to the extent required by United States federal securities Laws, including Rule 14d-9 and Rule 13E-3 under the Exchange ActCredit Suisse Securities (USA) LLC described in Section 4.1(q). Each of Parent and Merger Sub shall promptly furnish or otherwise make available to the Company or the Company’s legal counsel upon request all information concerning Parent and Merger Sub that is required by the Exchange Act or other applicable Law to be set forth in the Schedule 14D-9 or the Schedule 13E-3 and all other information concerning Parent and Merger Sub that may be reasonably requested by the Company for inclusion in the Schedule 14D-9 or the Schedule 13E-314D-9. Each of the Company, Parent, Parent and Merger Sub shall promptly correct any information supplied by it or on its behalf for inclusion or incorporation by reference in the Schedule 14D-9 or the Schedule 13E-3 if and to the extent that such information shall have become false or misleading in any material respect, and the Company shall take all steps necessary and use all reasonable efforts to promptly amend or supplement the Schedule 14D-9 or the Schedule 13E-3 and to cause the Schedule 14D-9 or the Schedule 13E-3 as so amended or supplemented to be filed with the SEC and disseminated to the holders stockholders of Company Common Stockthe Company, in each case as soon as and to the extent required by applicable LawFederal securities Laws. The Company shall promptly notify Parent upon the receipt of any comments from the SEC, or any request from the SEC for amendments or supplements, to the Schedule 14D-9 or the Schedule 13E-314D-9, and shall promptly provide Parent with copies of all written correspondence and summaries of all material oral communications between the Company and its representativesRepresentatives, on the one hand, and the SEC, on the other hand, and shall use its reasonable best efforts to give Parent the opportunity to participate in any substantive telephonic communications with the staff of the SEC related thereto. Prior to the filing of the Schedule 14D-9 or the Schedule 13E-3 and (including any amendment or supplement thereto (that does not contain or relate to an Adverse Recommendation Changethereto) with the SEC or dissemination mailing thereof to the holders stockholders of Company Common Stockthe Company, or responding to any comments of the SEC with respect to the Schedule 14D-9 or the Schedule 13E-314D-9, the Company shall provide Parent, Merger Sub and their counsel Parent a reasonable opportunity to review and comment on the such Schedule 14D-9 or response (including the Schedule 13E-3 or amendment or supplement or responseproposed final version thereof), and the Company shall give reasonable consideration to any such comments. Unless the Offer has been terminated in accordance with the terms of this Agreement, in the event that the Company receives any comments from the SEC or its staff with respect to the Schedule 14D-9 or the Schedule 13E-3, then it shall use its commercially reasonable efforts to respond promptly to such comments.
(c) The Schedule 14D-9 shall also reflect that the Merger is governed by Section 251(h) of the DGCL and contain and constitute the notice to holders of Company Common Stock of the availability of appraisal rights in connection with the Merger required to be delivered to such holders by Section 262(d) of the DGCL. The Company shall set the record date for the holders of Company Common Stock to receive such notice of appraisal rights as the same date as the Stockholder List Date and shall disseminate the Schedule 14D-9 including such notice of appraisal rights to such holders to the extent required by Section 262(d) of the DGCL provided, that, such record date will not be more than ten (10) calendar days prior to the date that the Schedule 14D-9 is first mailed. The Company hereby consents to the inclusion of the Company Board Recommendation in the Offer Documents and, absent an Adverse Recommendation Change, to the inclusion of a copy of the Company Recommendation contained in the Schedule 14D-9 14D-9.
(c) In connection with the Offer Documents mailed or furnished to and the holders of Merger, the Company Common Stock.
(d) The Company shall, or shall cause its transfer agent to, to furnish Parent and Merger Sub and their agents promptly (and in any event within five (5) Business Days) after the date of this Agreement and from time to time thereafter as requested by Parent or Merger Sub with mailing labels containing the names and addresses of the record holders of Company Common Stock as of the latest most recent practicable date and of those persons Persons becoming record holders subsequent to such date, together with copies of all lists of stockholders, security position listings and computer files any non-objecting beneficial ownership lists, and all other information in the Company’s possession or control regarding the beneficial owners of Company Common Stock, in each case as of the latest date practicable, and shall promptly furnish to Parent and Merger Sub such other information and assistance (including periodically updated lists of stockholders, security position listings and computer filesfiles regarding the beneficial owners of Company Common Stock) as Parent or Merger Sub may reasonably request in connection with the Offer. The date of the list of stockholders used to determine the Persons to whom communicating the Offer Documents and the Schedule 14D-9 are first disseminated is referred to as the “Stockholder List Date.” holders of Company Common Stock. Subject to the requirements of applicable Law, and except for such steps as are necessary to disseminate the Offer Documents and any other documents necessary to consummate the Merger Transactionstransactions contemplated by this Agreement, Parent and Merger Sub and their representatives shall use hold in confidence the information contained in any such labels, listings and files in accordance with the requirements of the Confidentiality Agreement dated May 25, 2012 between Parent and the Company (as it may be amended from time to time, together with the confidentiality agreement by and between Merger Sub and the Company, dated as of July 15, 2012, as it may be amended from time to time, the “Confidentiality Agreement”), shall use such information only in connection with the Offer and the Merger Transactions, shall treat such information and materials in accordance with the terms and conditions of the Confidentiality Agreement, and, if this Agreement is shall be terminated, shall destroy dispose of all copies of such information then in their possession or under their control promptly upon in accordance with the written request terms of the CompanyConfidentiality Agreement.
Appears in 1 contract
Company Actions. (a) The Company hereby approves of and consents to the Offer, the Merger and the other Merger Transactions and consents to the inclusion in the Offer Documents of the Company Board Recommendation.
(b) Schedule 14D-9. On the date the Offer Documents are filed with the SEC, the Company shall, concurrently with the filing of the Schedule TO, shall file with the SEC a Solicitation/Recommendation Statement on Schedule 14D-9 with respect to the Offer (together with all amendments amendments, supplements, and supplements thereto and including exhibits thereto, including, if applicable, a Rule 13E-3 transaction statement on Schedule 13E-3 (together with any amendments thereof or supplements thereto, the “Schedule 13E-3”), the “"Schedule 14D-9”") containingthat shall, subject to the provisions of Section 5.36.04, contain the Company Board Recommendation and shall cause the Schedule 14D-9 and the Schedule 13E-3 to be disseminated to the holders of Company Common Stock as and to the extent required by United States federal securities Laws, including Rule 14d-9 and Rule 13E-3 under the Exchange ActRecommendation. Each of Parent and Merger Sub shall promptly furnish or otherwise make available to the Company or the Company’s legal counsel upon request all information concerning Parent and Merger Sub that is required by the Exchange Act or other applicable Law to be set forth in the Schedule 14D-9 or the Schedule 13E-3 and all other information concerning Parent and Merger Sub that may be reasonably requested by the Company for inclusion in the Schedule 14D-9 or the Schedule 13E-3. Each of the Company, Parent, and Merger Sub shall promptly correct any information supplied by it or on its behalf for inclusion or incorporation by reference in the Schedule 14D-9 or the Schedule 13E-3 if and to the extent that such information shall have become false or misleading in any material respect, and the Company shall take all steps necessary and use all reasonable efforts to promptly amend or supplement the Schedule 14D-9 or the Schedule 13E-3 and to cause the Schedule 14D-9 or the Schedule 13E-3 as so amended or supplemented to be filed with the SEC and disseminated to the holders of Company Common Stock, in each case as soon as and to the extent required by applicable Law. The Company shall promptly notify Parent upon the receipt of any comments from the SEC, or any request from the SEC for amendments or supplements, to the Schedule 14D-9 or the Schedule 13E-3, and shall promptly provide Parent with copies of all written correspondence and summaries of all material oral communications between the Company and its representatives, on the one hand, and the SEC, on the other hand. Prior to the filing of the Schedule 14D-9 or the Schedule 13E-3 and any amendment or supplement thereto (that does not contain or relate to an Adverse Recommendation Change) with the SEC or dissemination thereof to the holders of Company Common Stock, or responding to any comments of the SEC with respect to the Schedule 14D-9 or the Schedule 13E-3, the Company shall provide Parent, Merger Sub and their counsel a reasonable opportunity to review and comment on the Schedule 14D-9 or the Schedule 13E-3 or amendment or supplement or response, and the Company shall give reasonable consideration to any such comments. Unless the Offer has been terminated in accordance with the terms of this Agreement, in the event that the Company receives any comments from the SEC or its staff with respect to the Schedule 14D-9 or the Schedule 13E-3, then it shall use its commercially reasonable efforts to respond promptly to such comments.
(c) The Schedule 14D-9 shall also reflect that the Merger is governed by Section 251(h) of the DGCL and contain and constitute the notice to holders of Company Common Stock of the availability of appraisal rights in connection with the Merger required to be delivered to such holders by the Company under Section 262(d) of the DGCLDGCL at the time the Company first files the Schedule 14D-9 with the SEC. The Company shall set the record date for the holders of Company Common Stock Company's stockholders to receive such notice of appraisal rights as the same date as the Stockholder List Date and shall disseminate the Schedule 14D-9 including such notice of appraisal rights to such holders the Company's stockholders to the extent required by Section 262(d) of the DGCL provided, that, such record date will not be more than ten (10) calendar days prior DGCL. The Company agrees to the date that take all steps necessary to cause the Schedule 14D-9 is first mailed. The Company hereby consents to be prepared and filed with the SEC and disseminated to the inclusion stockholders of the Company Board Recommendation in the Offer Documents and, absent an Adverse Recommendation Change, to the inclusion of a copy of the Schedule 14D-9 with the Offer Documents mailed or furnished to the holders of Company Common Stock.
(d) The Company shall, or shall cause its transfer agent to, furnish Parent and Merger Sub and their agents promptly (and in any event within five (5) Business Days) after the date of this Agreement and from time to time thereafter as requested by Parent or Merger Sub with mailing labels containing the names and addresses of the record holders of Company Common Stock as of the latest practicable date and of those persons becoming record holders subsequent to such date, together with copies of all lists of stockholders, security position listings and computer files any non-objecting beneficial ownership lists, and all other information in the Company’s possession or control regarding the beneficial owners of Company Common Stock, in each case as of and to the latest date practicable, extent required by the Exchange Act. Parent and Merger Sub shall promptly furnish to the Company all information concerning Parent and Merger Sub such other information and assistance (including periodically updated lists of stockholders, security position listings and computer files) as Parent required by the Exchange Act to be set forth in the Schedule 14D-9 or Merger Sub may reasonably request requested by the Company in connection with any action required to be taken by the OfferCompany pursuant to this Section 1.02(a). The date of Company, on the list of stockholders used one hand, and Parent and Merger Sub, on the other hand, agree to determine the Persons to whom the Offer Documents and promptly correct any information provided by it for use in the Schedule 14D-9 are first disseminated is referred to as the “Stockholder List Date.” Subject if and to the requirements of extent that such information shall have become false or misleading in any material respect or as otherwise required by applicable Law, and except for such . The Company further agrees to take all steps as are necessary to disseminate cause the Offer Documents and any other documents necessary Schedule 14D-9, as so corrected (if applicable), to consummate the Merger Transactions, Parent and Merger Sub and their representatives shall use the information contained in any such labels, listings and files only in connection be filed with the Merger Transactions, shall treat such information SEC and materials in accordance with disseminated to the terms and conditions of the Confidentiality Agreement, and, if this Agreement is terminated, shall destroy all copies of such information then in their possession or under their control promptly upon the written request stockholders of the Company., in each case as and to the extent required by the Exchange
Appears in 1 contract
Samples: Merger Agreement (Pfsweb Inc)
Company Actions. (a) Schedule 14D-9. The Company hereby approves of and consents to the Offer, the Merger and the other Merger Transactions and consents to the inclusion in the Offer Documents of the Company Board Recommendation.
shall (bi) On the date the Offer Documents are filed file with the SEC, the Company shall, concurrently with or as promptly as reasonably practicable after the filing by Parent of the Schedule TO, file with the SEC Parent Schedule 13E-3 and the Offer Documents (but in no event later than the date of the Commencement Time), a Solicitation/Recommendation Statement on Schedule 14D-9 with respect to the Offer (together with all amendments and supplements thereto thereto, and including all exhibits thereto, including, if applicable, a Rule 13E-3 transaction statement on Schedule 13E-3 (together with any amendments thereof or supplements thereto, the “Schedule 13E-3”), the “Schedule 14D-9”) and a Transaction Statement on Schedule 13E-3 (together with all amendments and supplements thereto, and including all exhibits thereto, the “Company Schedule 13E-3”) with respect to the Offer in accordance with Rule 13e-3(d) promulgated under the Exchange Act containing, subject to except as provided in Section 5.34.2, the Company Board Recommendation and (ii) cause the Schedule 14D-9 and related documents to be disseminated promptly after the Commencement Time to the Company Shareholders as and to the extent required by Rules 14d-9 and 13e-3(f) promulgated under the Exchange Act, any other applicable United States federal securities Laws, the Singapore Code (subject to the SIC Rulings) and the requirements of the JSE. The Company shall cause the Schedule 14D-9 and the Company Schedule 13E-3 (i) to comply as to form in all material respects with the requirements of the Exchange Act (including, in the case of both the Schedule 14D-9 and the Company Schedule 13E-3, Rules 14d-9(d) and 13e-3(e) under the Exchange Act ), the Singapore Code (subject to the SIC Rulings) and applicable other Law and (ii) to not contain any untrue statement of a material fact or omit to state any material fact required to be stated therein or necessary in order to make the statements therein, in light of the circumstances under which they were made, not misleading. If requested by the Company, Parent shall cause the Schedule 14D-9 to be mailed or otherwise disseminated to the holders of Company Common Stock as and to Shareholders together with the extent required by United States federal securities Laws, including Rule 14d-9 and Rule 13E-3 under the Exchange ActOffer Documents. Each of Parent and Merger Sub shall promptly furnish or otherwise make available in writing to the Company or the Company’s legal counsel upon request all information concerning Parent and Merger Sub its Subsidiaries, the shareholders of Parent and the directors and officers of Parent that is required by the Exchange Act or other applicable Law or is reasonably requested by the Company to be set forth included in the Schedule 14D-9 or the Company Schedule 13E-3 and all other information concerning so as to enable the Company to comply with its obligations under this Section 1.2(a). Parent and Merger Sub that may be reasonably requested by the Company for inclusion shall cooperate in good faith to determine the information regarding Parent and its Subsidiaries, the shareholders of Parent and the directors and officers of Parent that is necessary to include in the Schedule 14D-9 or the Company Schedule 13E-313E-3 in order to satisfy applicable Law and the Singapore Code (subject to the SIC Rulings). Each of the Company, Parent, Company and Merger Sub Parent shall promptly correct any information supplied provided by it or on any of its behalf respective Representatives for inclusion or incorporation by reference use in the Schedule 14D-9 or the Company Schedule 13E-3 if and to the extent that such information shall have become false or misleading in any material respect, and the . The Company shall take all steps necessary and use all reasonable efforts to promptly amend or supplement the Schedule 14D-9 or the Schedule 13E-3 and to cause the Schedule 14D-9 or the Company Schedule 13E-3 13E-3, as applicable, as so amended or supplemented corrected, to be filed with the SEC and disseminated to the holders of Company Common StockShareholders, in each case as soon case, as and to the extent required by applicable Law. The Company shall promptly notify Parent upon , including the receipt of any comments from Singapore Code (subject to the SECSIC Rulings), or any request from the SEC for amendments or supplements, to the Schedule 14D-9 or the Schedule 13E-3, and shall promptly provide Parent with copies of all written correspondence and summaries of all material oral communications between the Company and its representatives, on the one hand, and the SEC, on the other hand. Prior to the filing of the Schedule 14D-9 or the Schedule 13E-3 and any amendment or supplement thereto (that does not contain or relate to an Adverse Recommendation Change) with by the SEC or dissemination thereof to the holders of Company Common Stockits staff, or responding to any comments of the SEC with respect to the Schedule 14D-9 NASDAQ or the Schedule 13E-3JSE. Unless the Company Board has effected a Company Change of Board Recommendation and except in connection with any disclosures made in compliance with Section 4.2(f), the Company shall provide Parent, Merger Sub Parent and their its counsel a reasonable opportunity to review and comment on the Schedule 14D-9 or and the Company Schedule 13E-3 or amendment or supplement or responseprior to the filing thereof with the SEC, and the Company shall give reasonable and good faith consideration to any such commentscomments made by Parent and its counsel (it being understood that Parent and its counsel shall provide any comments thereon as soon as reasonably practicable). Unless the Offer Company Board has been terminated effected a Company Change of Board Recommendation and except in accordance connection with any disclosures made in compliance with Section 4.2(f), the terms of this Agreement, Company shall provide in the event writing to Parent and its counsel any and all written comments or other substantive communications (and shall orally describe any oral comments or other substantive oral communications) that the Company receives any comments or its counsel may receive from the SEC SEC, the SIC or any other Governmental Entity or its staff with respect to the Schedule 14D-9 or the Company Schedule 13E-313E-3 promptly after such receipt, then it and unless the Company Board has effected a Company Change of Board Recommendation and except in connection with any disclosures made in compliance with Section 4.2(f), the Company shall provide Parent and its counsel a reasonable opportunity to participate in the formulation of any response to any such comments of the SEC, the SIC or any other Governmental Entity or its staff (including by providing a reasonable opportunity for Parent and its counsel to review and comment on any such response, which comments the Company shall consider in good faith). The Company shall use its commercially reasonable best efforts to respond promptly to any such comments.
(c) The Schedule 14D-9 shall also reflect that the Merger is governed by Section 251(h) of the DGCL and contain and constitute the notice to holders of Company Common Stock of the availability of appraisal rights in connection with the Merger required to be delivered to such holders by Section 262(d) of the DGCL. The Company shall set the record date for the holders of Company Common Stock to receive such notice of appraisal rights as the same date as the Stockholder List Date and shall disseminate the Schedule 14D-9 including such notice of appraisal rights to such holders to the extent required by Section 262(d) of the DGCL provided, that, such record date will not be more than ten (10) calendar days prior to the date that the Schedule 14D-9 is first mailed. The Company hereby consents to the inclusion of the Company Board Recommendation in the Offer Documents and, absent an Adverse Recommendation Change, to the inclusion of a copy of the Schedule 14D-9 with the Offer Documents mailed or furnished to the holders of Company Common Stock.
(d) The Company shall, or shall cause its transfer agent to, furnish Parent and Merger Sub and their agents promptly (and in any event within five (5) Business Days) after the date of this Agreement and from time to time thereafter as requested by Parent or Merger Sub with mailing labels containing the names and addresses of the record holders of Company Common Stock as of the latest practicable date and of those persons becoming record holders subsequent to such date, together with copies of all lists of stockholders, security position listings and computer files any non-objecting beneficial ownership lists, and all other information in the Company’s possession or control regarding the beneficial owners of Company Common Stock, in each case as of the latest date practicable, and shall promptly furnish to Parent and Merger Sub such other information and assistance (including periodically updated lists of stockholders, security position listings and computer files) as Parent or Merger Sub may reasonably request in connection with the Offer. The date of the list of stockholders used to determine the Persons to whom the Offer Documents and the Schedule 14D-9 are first disseminated is referred to as the “Stockholder List Date.” Subject to the requirements of applicable Law, and except for such steps as are necessary to disseminate the Offer Documents and any other documents necessary to consummate the Merger Transactions, Parent and Merger Sub and their representatives shall use the information contained in any such labels, listings and files only in connection with the Merger Transactions, shall treat such information and materials in accordance with the terms and conditions of the Confidentiality Agreement, and, if this Agreement is terminated, shall destroy all copies of such information then in their possession or under their control promptly upon the written request of the Company.
Appears in 1 contract
Samples: Transaction Implementation Agreement (Grindrod Shipping Holdings Ltd.)
Company Actions. (a) The Company hereby approves of and consents to the Offer, the Merger and the other Merger Transactions and consents to the inclusion in the Offer Documents of the Company Board Recommendation.
(b) On the date the Offer Documents are Schedule TO is filed with the SEC, the Company shall, concurrently with the filing of the Schedule TO, shall file with the SEC a Solicitation/Recommendation Statement on Schedule 14D-9 with respect to the Offer (together with all amendments amendments, supplements and supplements thereto and including exhibits thereto, including, if applicable, a Rule 13E-3 transaction statement on Schedule 13E-3 (together with any amendments thereof or supplements thereto, the “Schedule 13E-3”), the “Schedule 14D-9”) containingthat shall, subject to the provisions of Section 5.36.04, contain and reflect the recommendation described in Section 4.03(d). The Company Board Recommendation and shall take all steps necessary to cause the Schedule 14D-9 and the Schedule 13E-3 to be prepared and filed with the SEC and disseminated to the holders shareholders of Company Common Stock the Company, in each case as and to the extent required by United States federal securities Laws, including Rule 14d-9 and Rule 13E-3 under the Exchange Act. Each of Parent and Merger Sub shall promptly furnish or otherwise make available to the Company or the Company’s legal counsel upon request in writing all information concerning Parent and Merger Sub that is required by the Exchange Act or other applicable Law to be set forth in the Schedule 14D-9 or the Schedule 13E-3 and all other information concerning Parent and Merger Sub that may be required by applicable Laws or reasonably requested by the Company for inclusion in the Schedule 14D-9 or the Schedule 13E-314D-9. Each of the The Company, Parenton the one hand, and Parent and Merger Sub Sub, on the other hand, shall promptly correct any information supplied provided by it or on its behalf for inclusion or incorporation by reference use in the Schedule 14D-9 or the Schedule 13E-3 if and to the extent that such information shall have become false or misleading in any material respect, and the respect or as otherwise required by applicable Law. The Company shall take all steps necessary and use all reasonable efforts to promptly amend or supplement the Schedule 14D-9 or the Schedule 13E-3 and to cause the Schedule 14D-9 or the Schedule 13E-3 14D-9, as so amended or supplemented corrected, to be filed with the SEC and disseminated to the holders shareholders of Company Common Stockthe Company, in each case as soon as and to the extent required by applicable Lawthe Exchange Act. The Company shall promptly notify Parent and Merger Sub upon the receipt of any comments from the SEC, or any request from the SEC for amendments or supplements, to the Schedule 14D-9 or the Schedule 13E-314D-9, and shall promptly provide Parent and Merger Sub with copies of all written correspondence and summaries of all material oral communications between the Company it and its representativesRepresentatives, on the one hand, and the SEC, on the other hand, relating to the Schedule 14D-9. Prior Unless the Company Board has effected a change in the recommendation described in Section 4.03(d), prior to the filing of the Schedule 14D-9 (including any amendments or the Schedule 13E-3 and any amendment or supplement thereto (that does not contain or relate to an Adverse Recommendation Changesupplements thereto) with the SEC or dissemination thereof to the holders shareholders of Company Common Stockthe Company, or responding to any comments of the SEC with respect to the Schedule 14D-9 or the Schedule 13E-314D-9, the Company shall provide Parent, Merger Sub and their counsel a reasonable opportunity to review and comment on the such Schedule 14D-9 or the Schedule 13E-3 or amendment or supplement or response, and the Company shall give reasonable and good faith consideration to any such comments. Unless the Offer has been terminated in accordance with the terms of this Agreement, in the event that the Company receives any comments from the SEC or its staff with respect to the Schedule 14D-9 or the Schedule 13E-3, then it shall use its commercially reasonable efforts to respond promptly to such comments.
(c) The Schedule 14D-9 shall also reflect that the Merger is governed by Section 251(h) of the DGCL and contain and constitute the notice to holders of Company Common Stock of the availability of appraisal rights in connection with the Merger required to be delivered to such holders by Section 262(d) of the DGCL. The Company shall set the record date for the holders of Company Common Stock to receive such notice of appraisal rights as the same date as the Stockholder List Date and shall disseminate the Schedule 14D-9 including such notice of appraisal rights to such holders to the extent required by Section 262(d) of the DGCL provided, that, such record date will not be more than ten (10) calendar days prior to the date that the Schedule 14D-9 is first mailed. The Company hereby consents to the inclusion in the Offer Documents of the Company Board Recommendation contained in the Offer Documents and, absent an Adverse Recommendation Change, to the inclusion of a copy of the Schedule 14D-9 with the Offer Documents mailed or furnished to the holders of Company Common Stock14D-9.
(db) The In connection with the Offer, the Company shall, shall promptly furnish or shall cause its transfer agent to, furnish to be furnished to Parent and Merger Sub mailing labels, security position listings and their agents promptly (and in any event within five (5) Business Days) after the date of this Agreement and from time to time thereafter as requested by Parent other available listings or Merger Sub with mailing labels computer files containing the names and addresses of the all record holders of Company Common Stock as or beneficial owners of the latest practicable date and of those persons becoming record holders subsequent to such date, together with copies of all lists of stockholders, security position listings and computer files any non-objecting beneficial ownership lists, and all other information in the Company’s possession or control regarding the beneficial owners shares of Company Common Stock, in each case as of the latest date practicablemost recent practicable date, and shall promptly furnish to Parent and Merger Sub with such other information and assistance (including periodically updated lists of stockholdersrecord holders or beneficial owners of the shares of Company Common Stock, updated from time to time upon Parent’s, Merger Sub’s or either of their respective agents’ reasonable request, and the addresses, mailing labels and lists of security position listings and computer filespositions of such record holders or beneficial owners) as Parent or Parent, Merger Sub or either of their respective agents may reasonably request in connection with for the Offer. The date purpose of communicating the Offer to the record holders and beneficial owners of the list shares of stockholders used to determine the Persons to whom the Offer Documents and the Schedule 14D-9 are first disseminated is referred to as the “Stockholder List Date.” Company Common Stock. Subject to the requirements of applicable Law, and except for such steps as are necessary to disseminate the Offer Documents and any other documents necessary to consummate the Offer, the Merger Transactionsand the other transactions contemplated hereby, Parent and Merger Sub and their representatives shall use hold in confidence the information contained in any such labels, listings and files in accordance with the Confidentiality Agreement and shall use such information only in connection with the Offer and the Merger Transactions, shall treat such information and materials in accordance with the terms and conditions of the Confidentiality Agreement, and, if this Agreement is shall be terminated, shall promptly deliver (and shall use their respective commercially reasonable efforts to cause their agents and Representatives to deliver) to the Company or destroy all copies and any extract or summaries of such information then in their possession or under their control promptly upon the written request of the Companycontrol.
Appears in 1 contract
Company Actions. (a) The Company hereby approves of and consents to the Offer, the Merger Offer and the other Merger Transactions and consents to the inclusion in the Offer Documents of the Recommendation of the Company Board Recommendationdescribed in Section 4.4.
(b) On As promptly as reasonably practicable following the date filing by Parent and Merger Sub of the Offer Documents are filed with on the SECday that the Offer is commenced (within the meaning of Rule 14d-2 under the Exchange Act), the Company shall, concurrently with the filing of the Schedule TO, shall file with the SEC a Tender Offer Solicitation/Recommendation Statement on Schedule 14D-9 with respect to the Offer (such Schedule 14D-9, together with all exhibits, amendments and supplements thereto and including exhibits thereto, including, if applicable, a Rule 13E-3 transaction statement on Schedule 13E-3 (together with any amendments thereof or supplements thereto, the “Schedule 13E-314D-9”), which shall reflect that the “Merger is governed by Section 251(h) of the DGCL and shall contain the Recommendation of the Company Board described in Section 4.4. The Schedule 14D-9”) containing, subject 14D-9 shall also contain the notice of appraisal rights required to be delivered by the Company under Section 5.3262 of the DGCL at the time the Company first files the Schedule 14D-9 with the SEC. Unless otherwise required by Law, the Company Board Recommendation shall set the record date for the Company’s stockholders to receive such notice of appraisal rights as the same date as the Offer Documents and the Schedule 14D-9 are first disseminated to the holders of the Shares and shall disseminate the Schedule 14D-9 including such notice of appraisal rights to the Company’s stockholders to the extent required by Section 262 of the DGCL. The Company shall cause the Schedule 14D-9 and the Schedule 13E-3 to be disseminated to the holders of Company Common Stock Shares, as and to the extent required by United States applicable federal securities Laws, including Rule 14d-9 and Rule 13E-3 under the Exchange Act. Each of Parent and Merger Sub shall promptly furnish or otherwise make available to the Company or the Company’s legal counsel upon request all information concerning Parent and Merger Sub that is required by the Exchange Act or other applicable Law to be set forth in the Schedule 14D-9 or the Schedule 13E-3 and all other information concerning Parent and Merger Sub that may be reasonably requested by the Company for inclusion in the Schedule 14D-9 or the Schedule 13E-3Law. Each of the Company, Parent, Parent and Merger Sub shall agrees promptly to correct any information supplied provided by it or on its behalf for inclusion or incorporation by reference use in the Schedule 14D-9 or the Schedule 13E-3 if and to the extent that such information shall have become false or misleading in any material respect, and the Company shall further agrees to take all steps necessary and use all reasonable efforts to promptly amend or supplement the Schedule 14D-9 or the Schedule 13E-3 and to cause the Schedule 14D-9 or the Schedule 13E-3 as so amended or supplemented corrected to be filed with the SEC and to be disseminated to the holders of Company Common StockShares, in each case as soon case, as and to the extent required by applicable federal securities Law. The Company shall promptly notify Parent upon the receipt of any comments from the SEC, or any request from the SEC for amendments or supplements, to the Schedule 14D-9 or the Schedule 13E-3, and shall promptly provide Parent with copies of all written correspondence and summaries of all material oral communications between the Company and its representatives, on the one hand, and the SEC, on the other hand. Prior to the filing of the Schedule 14D-9 or the Schedule 13E-3 and any amendment or supplement thereto (that does not contain or relate to an Adverse Recommendation Change) with the SEC or dissemination thereof to the holders of Company Common Stock, or responding to any comments of the SEC with respect to the Schedule 14D-9 or the Schedule 13E-3, the Company shall provide Parent, Merger Sub and their counsel shall be given a reasonable opportunity to review and comment on the Schedule 14D-9 or and any amendments thereto prior to the Schedule 13E-3 or amendment or supplement or response, filing thereof with the SEC and the Company shall give reasonable due consideration to all reasonable additions, deletions or changes suggested thereto by Parent, Merger Sub and their counsel. In addition, the Company agrees to provide Parent, Merger Sub and their counsel any such comments. Unless the Offer has been terminated in accordance with the terms of this Agreement, in the event whether written or oral, that the Company receives any comments or its counsel may receive from the SEC or its staff with respect to the Schedule 14D-9 promptly after the receipt of such comments, and any written or oral responses thereto. Parent, Merger Sub and their counsel shall be given a reasonable opportunity to review and comment upon such responses and the Company shall give due consideration to all reasonable additions, deletions or changes suggested thereto by Parent, Merger Sub and their counsel. The Company shall respond as promptly as practicable to any comments of the SEC or its staff with respect to the Schedule 13E-3, then it shall use its commercially reasonable efforts to respond promptly to such comments14D-9.
(c) The Schedule 14D-9 shall also reflect that the Merger is governed by Section 251(h) of the DGCL and contain and constitute the notice to holders of Company Common Stock of the availability of appraisal rights in In connection with the Merger required to be delivered to such holders by Section 262(d) of Offer, the DGCL. The Company shall set the record date for the holders of Company Common Stock to receive such notice of appraisal rights as the same date as the Stockholder List Date and shall disseminate the Schedule 14D-9 including such notice of appraisal rights to such holders to the extent required by Section 262(d) of the DGCL provided, that, such record date will not be more than ten (10) calendar days prior to the date that the Schedule 14D-9 is first mailed. The Company hereby consents to the inclusion of the Company Board Recommendation in the Offer Documents and, absent an Adverse Recommendation Change, to the inclusion of a copy of the Schedule 14D-9 with the Offer Documents mailed or furnished to the holders of Company Common Stock.
(d) The Company shall, or shall cause its transfer agent toagent, promptly to furnish Parent and Merger Sub with a list of its stockholders, mailing labels, security position listings, any non-objecting beneficial owner lists and their agents promptly (and in any event within five (5) Business Days) after the date of this Agreement and from time to time thereafter as requested by Parent available listings or Merger Sub with mailing labels computer files containing the names and addresses of the record holders of Company Common Stock Shares and lists of securities positions of Shares held in depositories as of the latest most recent practicable date and of those persons becoming record holders subsequent to such date, together with copies of all lists of stockholders, security position listings and computer files any non-objecting beneficial ownership lists, and all other information in the Company’s possession or control regarding the beneficial owners of Company Common Stock, in each case as of the latest date practicable, and shall promptly furnish to Parent and Merger Sub with such additional available information (including periodic updates of such information) and such other information and assistance (including periodically updated lists of stockholdersas Parent, security position listings and computer files) as Parent or Merger Sub or their Representatives may reasonably request in connection with the Offer. The date of the list of stockholders used to determine the Persons to whom the Offer Documents and the Schedule 14D-9 are first disseminated is referred to as the “Stockholder List Date.” Subject to the requirements of applicable Law, and except Except for such steps as are necessary to disseminate the Offer Documents and any other documents necessary to consummate the Merger TransactionsOffer and the Merger, Parent and Parent, Merger Sub and their representatives shall affiliates, associates, agents and advisors, shall, pursuant to the Confidentiality Agreement, keep such information confidential and use the information contained in any such labels, listings and files only in connection with the Offer and the Merger Transactions, shall treat such information and materials in accordance with the terms and conditions of the Confidentiality Agreement, and, if this Agreement is terminatedshall be validly terminated in accordance with Article IX, shall will deliver to the Company or destroy all copies of such information then in their possession or under their control promptly upon in accordance with the written request of the CompanyConfidentiality Agreement.
Appears in 1 contract
Samples: Merger Agreement (Diamond Resorts International, Inc.)
Company Actions. (a) The Company hereby approves of and consents to the Offershall, the Merger and the other Merger Transactions and consents to the inclusion in the Offer Documents of the Company Board Recommendation.
(b) On the date as promptly as reasonably practicable after the Offer Documents are filed (and in any event on or prior to the fifteenth (15th) Business Day following the date of this Agreement), in a manner that complies with Rule 14d-9 promulgated under the SEC, the Company shall, concurrently with the filing of the Schedule TOExchange Act, file with the SEC a Tender Offer Solicitation/Recommendation Statement on Schedule 14D-9 with respect to the Offer (together with all amendments amendments, supplements and supplements thereto and including exhibits thereto, including, if applicable, a Rule 13E-3 transaction statement on Schedule 13E-3 (together with any amendments thereof or supplements thereto, the “Schedule 13E-3”), the “Schedule 14D-9”) containingwhich will, subject to Section 5.3, contain the recommendation of the Company Board Recommendation referenced in Section 3.2, all information required by Law, and shall cause the notice and other information required by Section 262(d)(2) of the DGCL such that the Schedule 14D-9 and will constitute a valid notice of appraisal rights under Section 262(d)(2) of the Schedule 13E-3 DGCL. Subject to be disseminated to the holders of Company Common Stock as and to the extent required by United States federal securities Laws, including Rule 14d-9 and Rule 13E-3 under the Exchange Act. Each of Parent and Merger Sub shall promptly furnish or otherwise make available to Purchaser’s compliance in all material respects with the terms of Section 1.1, the Company or the Company’s legal counsel upon request all information concerning Parent and Merger Sub that is required by the Exchange Act or other applicable Law agrees to be set forth in the Schedule 14D-9 or the Schedule 13E-3 and all other information concerning Parent and Merger Sub that may be reasonably requested by the Company for inclusion in the Schedule 14D-9 or the Schedule 13E-3. Each of the Company, Parent, and Merger Sub shall promptly correct any information supplied by it or on its behalf for inclusion or incorporation by reference in the Schedule 14D-9 or the Schedule 13E-3 if and to the extent that such information shall have become false or misleading in any material respect, and the Company shall take all steps actions necessary and use all reasonable efforts to promptly amend or supplement the Schedule 14D-9 or the Schedule 13E-3 and to cause the Schedule 14D-9 or the Schedule 13E-3 as so amended or supplemented to be filed with the SEC and disseminated to the holders of Company Common Stockthe Shares, in each case as soon case, as and to the extent required by applicable Law. The Company shall promptly notify Parent upon adopt the receipt of any comments from the SEC, or any request from the SEC for amendments or supplements, to the Schedule 14D-9 or the Schedule 13E-3, and shall promptly provide Parent with copies of all written correspondence and summaries of all material oral communications between the Company and its representatives, on the one hand, and the SEC, on the other hand. Prior to the filing of the Schedule 14D-9 or the Schedule 13E-3 and any amendment or supplement thereto Stockholder List Date (that does not contain or relate to an Adverse Recommendation Changeas defined below) with the SEC or dissemination thereof to the holders of Company Common Stock, or responding to any comments of the SEC with respect to the Schedule 14D-9 or the Schedule 13E-3, the Company shall provide Parent, Merger Sub and their counsel a reasonable opportunity to review and comment on the Schedule 14D-9 or the Schedule 13E-3 or amendment or supplement or response, and the Company shall give reasonable consideration to any such comments. Unless the Offer has been terminated in accordance with the terms of this Agreement, in the event that the Company receives any comments from the SEC or its staff with respect to the Schedule 14D-9 or the Schedule 13E-3, then it shall use its commercially reasonable efforts to respond promptly to such comments.
(c) The Schedule 14D-9 shall also reflect that the Merger is governed by Section 251(h) of the DGCL and contain and constitute the notice to holders of Company Common Stock of the availability of appraisal rights in connection with the Merger required to be delivered to such holders by Section 262(d) of the DGCL. The Company shall set as the record date for the holders purpose of Company Common Stock to receive such receiving the notice of appraisal rights as the same date as the Stockholder List Date and shall disseminate the Schedule 14D-9 including such notice of appraisal rights to such holders to the extent required by Section 262(d262(d)(2) of the DGCL DGCL; provided, thathowever, that such record date will not be more than ten (10) calendar days prior to the date that the Schedule 14D-9 is first mailed. The Company hereby consents to Company, on the inclusion of one hand, and Parent and Purchaser, on the Company Board Recommendation other hand, shall promptly correct and supplement any information provided by it for use in the Offer Documents and, absent an Adverse Recommendation Change, to the inclusion of a copy of the Schedule 14D-9 if and to the extent that such information will have become false or misleading in any material respect or as otherwise required by Law. The Company agrees to take all actions necessary to cause the Schedule 14D-9 as so corrected to be filed with the Offer Documents mailed or furnished SEC and disseminated to holders of the Shares, in each case, as and to the holders extent required by Law; provided, however, that any such filing of Company Common Stock.
(dthe corrected Schedule 14D-9 will not, without the prior written consent of Parent, waive, extend or restart the notice period for purposes of Section 262(d)(2) The Company shall, or shall cause its transfer agent to, furnish of the DGCL. Parent and Merger Sub Purchaser will be given the opportunity to review and their agents promptly (comment on the Schedule 14D-9 and in any event within five (5) Business Days) after amendment thereto before filing with the date of this Agreement SEC, and the Company shall give reasonable consideration to any such comments. In addition, the Company agrees to provide Parent and Purchaser any comments, whether written or oral, that the Company or its counsel may receive from time to time thereafter as from the SEC or its staff with respect to the Schedule 14D-9 promptly after receipt of such comments, and to consult with Parent, Purchaser and their counsel prior to responding to any such comments, either in written or oral form. Subject to the foregoing, the Company shall respond to any such comments promptly after they are received.
(b) The Company shall promptly furnish to Parent and the Purchaser, for inclusion in the Offer Documents, all information concerning the Company and its stockholders required by applicable Law or reasonably requested by Parent or Merger Sub with the Purchaser to be included in the Offer Documents. The Company shall promptly furnish, or cause to be furnished, to Parent or Purchaser mailing labels labels, security position listings and all available listings and computer files containing the names and addresses of the record holders of Company Common Stock the Shares as of a recent date (such date, the latest practicable date “Stockholder List Date”), and of those persons Persons becoming record holders subsequent to such date, together with copies of all lists of stockholders, security position listings and computer files any non-objecting beneficial ownership lists, and all other information in the Company’s possession or control regarding the beneficial owners of Company Common Stock, in each case as of the latest date practicable, and shall promptly furnish to Parent and Merger Sub or Purchaser with such other information and assistance (including periodically updated lists of stockholdersrecord of the Shares, updated periodically, and their addresses, mailing labels and lists of security position listings and computer filespositions) as Parent or Merger Sub Purchaser or its agents may reasonably request request. Subject to Law, such information will be held confidential by Parent and Purchaser in accordance with the Confidential Disclosure Agreement. Parent and Purchaser shall, and shall cause their agents and Representatives to, use such information only in connection with the Offer. The date making of the list of stockholders used to determine the Persons to whom the Offer Documents and the Schedule 14D-9 are first disseminated is referred to as the “Stockholder List Date.” Subject pursuant to the requirements terms of applicable Lawthis Agreement. If this Agreement shall be terminated, Parent shall, upon request, deliver, and except for shall cause its agents to deliver, to the Company (or destroy) all copies and any extracts or summaries from such steps as are necessary information then in their possession or control. For the avoidance of doubt, the parties agree that the Confidential Disclosure Agreement does not restrict any action taken to prepare, file or disseminate the Offer Documents and any other documents necessary to consummate the Merger Transactionstransactions contemplated hereby, Parent in each case, in the manner contemplated by this Agreement. Subject to the requirements of applicable Law and Merger Sub provided that the Company shall not have made a Change of Board Recommendation, the Company shall, and their representatives shall cause its directors, officers and employees to, and shall use its reasonable best efforts to cause its other applicable Representatives to, use their reasonable best efforts to make solicitations and recommendations to the information contained in any such labels, listings record holders and files only in connection with beneficial owners of Shares for purposes of causing the Merger Transactions, shall treat such information and materials in accordance with the terms and conditions of the Confidentiality Agreement, and, if this Agreement is terminated, shall destroy all copies of such information then in their possession or under their control promptly upon the written request of the CompanyMinimum Condition to be satisfied.
Appears in 1 contract
Company Actions. (a) Schedule 14D-9. The Company hereby approves of and consents to the Offer, the Merger and the other Merger Transactions and consents to the inclusion in the Offer Documents of the Company Board Recommendation.
(b) On the date the Offer Documents are filed shall file with the SEC, the Company shall, concurrently with the filing by Parent and Purchaser of the Schedule TO, file with and disseminate to holders of Shares, in each case as and to the SEC extent required by applicable federal securities laws, a Tender Offer Solicitation/Recommendation Statement on Schedule 14D-9 with respect to the Offer (together with all amendments and supplements thereto and including exhibits thereto, including, if applicable, a Rule 13E-3 transaction statement on Schedule 13E-3 (together with any exhibits, amendments thereof or supplements thereto, the “Schedule 13E-3”), the “Schedule 14D-9”) containingthat, subject to Section 5.36.1(b), shall reflect the Company Board Recommendation and include the notice and other information contemplated by and required to be delivered under Section 262(d)(2) of the DGCL. The Company agrees that it shall cause the Schedule 14D-9 and the Schedule 13E-3 to be disseminated to the holders comply in all material respects with applicable requirements of Company Common Stock as and to the extent required by United States federal securities Laws, including Rule 14d-9 and Rule 13E-3 under the Exchange Act. Each of Parent and Merger Sub shall promptly furnish or otherwise make available to the Company or the Company’s legal counsel upon request all information concerning Parent and Merger Sub that is required by the Exchange Act or and the rules and regulations thereunder and other applicable Law Legal Requirements, and shall not contain any untrue statement of a material fact or omission of a material fact necessary in order to be set forth make the statements made therein, in the Schedule 14D-9 light of the circumstances under which they are made, not misleading; provided, that no representation, warranty or the Schedule 13E-3 and all other information concerning Parent and Merger Sub that may be reasonably requested covenant is made by the Company for inclusion in the Schedule 14D-9 or the Schedule 13E-3. Each of the Company, Parent, and Merger Sub shall promptly correct any with respect to information supplied by it or on its behalf of Parent or Purchaser for inclusion or incorporation by reference in the Schedule 14D-9 14D-9. Each of Parent, Purchaser and the Company agrees to respond promptly to any comments of the SEC or its staff and to promptly correct any information provided by it for use in the Schedule 13E-3 14D-9 if and to the extent that such information shall have become false or misleading in any material respect, and the Company shall further agrees to take all steps necessary and use all reasonable efforts to promptly amend or supplement the Schedule 14D-9 or the Schedule 13E-3 and to cause the Schedule 14D-9 or the Schedule 13E-3 as so amended or supplemented corrected to be filed with the SEC and to be disseminated to the holders of Company Common StockShares, in each case as soon as and to the extent required by applicable Lawfederal securities laws. The Company Parent and Purchaser shall promptly notify furnish or otherwise make available to Company or its legal counsel all information concerning Parent upon the receipt of and Purchaser and their stockholders and provide such other assistance as may be reasonably requested in connection with any comments from the SEC, or any request from the SEC for amendments or supplements, to the Schedule 14D-9 or the Schedule 13E-3, and shall promptly provide action contemplated by this Section 1.2(a). Parent with copies of all written correspondence and summaries of all material oral communications between the Company and its representatives, on the one hand, and the SEC, on the other hand. Prior to the filing of the Schedule 14D-9 or the Schedule 13E-3 and any amendment or supplement thereto (that does not contain or relate to an Adverse Recommendation Change) with the SEC or dissemination thereof to the holders of Company Common Stock, or responding to any comments of the SEC with respect to the Schedule 14D-9 or the Schedule 13E-3, the Company counsel shall provide Parent, Merger Sub and their counsel a be given reasonable opportunity to review and comment on the Schedule 14D-9 or the Schedule 13E-3 or amendment or supplement or response, and the Company shall give reasonable consideration to any such comments. Unless the Offer has been terminated in accordance with the terms of this Agreement, in the event that the Company receives any comments from the SEC or its staff with respect to the Schedule 14D-9 or the Schedule 13E-3, then it shall use its commercially reasonable efforts to respond promptly to such comments.
(c) The Schedule 14D-9 shall also reflect that the Merger is governed by Section 251(h) of the DGCL and contain and constitute the notice to holders of Company Common Stock of the availability of appraisal rights in connection with the Merger required to be delivered to such holders by Section 262(d) of the DGCL. The Company shall set the record date for the holders of Company Common Stock to receive such notice of appraisal rights as the same date as the Stockholder List Date and shall disseminate the Schedule 14D-9 including such notice of appraisal rights to such holders to the extent required by Section 262(d) of the DGCL provided, that, such record date will not be more than ten (10) calendar days prior to the date that the Schedule 14D-9 is first mailed. The Company hereby consents to the inclusion of the Company Board Recommendation in the Offer Documents and, absent an Adverse Recommendation Change, to the inclusion of a copy of the Schedule 14D-9 with the Offer Documents mailed or furnished to the holders of Company Common Stock.
(d) The Company shall, or shall cause its transfer agent to, furnish Parent and Merger Sub and their agents promptly (and in any event within five (5) Business Days) after the date of this Agreement and from time to time thereafter as requested by Parent or Merger Sub with mailing labels containing the names and addresses of the record holders of Company Common Stock as of the latest practicable date and of those persons becoming record holders subsequent to such date, together with copies of all lists of stockholders, security position listings and computer files any non-objecting beneficial ownership lists, and all other information in the Company’s possession or control regarding the beneficial owners of Company Common Stock, in each case as of the latest date practicable, and shall promptly furnish to Parent and Merger Sub such other information and assistance (including periodically updated lists of stockholders, security position listings and computer files) as Parent or Merger Sub may reasonably request in connection with the Offer. The date of the list of stockholders used to determine the Persons to whom the Offer Documents and the Schedule 14D-9 are first disseminated is referred to as the “Stockholder List Date.” Subject to the requirements of applicable Law, and except for such steps as are necessary to disseminate the Offer Documents and any other documents necessary to consummate the Merger Transactions, Parent and Merger Sub and their representatives shall use the information contained in any such labels, listings and files only in connection with the Merger Transactions, shall treat such information and materials in accordance with the terms and conditions of the Confidentiality Agreement, and, if this Agreement is terminated, shall destroy all copies of such information then in their possession or under their control promptly upon the written request of the Company.amendment thereto
Appears in 1 contract
Company Actions. (a) The Company hereby approves of and consents to the Offer, the Merger and the other Merger Transactions and consents to the inclusion in the Offer Documents of the Company Board Recommendation.
(b) On the date the Offer is commenced and the Offer Documents are filed with the SEC, the Company shall, concurrently with the filing of the Schedule TO, (i) file with the SEC a Solicitation/Recommendation Statement on Schedule 14D-9 with respect to the Offer (together with all amendments and supplements thereto and including exhibits thereto, including, if applicable, a Rule 13E-3 transaction statement on Schedule 13E-3 (together with any amendments thereof or supplements thereto, the “Schedule 13E-3”), the “Schedule 14D-9”) containingincluding, subject to Section 5.3, a description of the Company Board Recommendation and shall cause Recommendation, (ii) disseminate the Schedule 14D-9 and the Schedule 13E-3 to be disseminated to the holders of Company the Common Stock Stock, in each case, as and to the extent required by United States federal securities Laws, including Rule 14d-9 applicable Law and Rule 13E-3 (iii) set the Stockholder List Date as the record date for the purpose of receiving the notice of appraisal rights required to be delivered by the Company under Section 262 of the Exchange ActDGCL. The Schedule 14D-9 shall also contain the notice of appraisal rights required to be delivered by the Company under Section 262 of the DGCL at the time the Company first files the Schedule 14D-9 with the SEC. Each of Parent and Merger Sub shall promptly furnish or otherwise make available to the Company or the Company’s legal counsel upon request all information concerning Parent and Parent, Merger Sub that is and the Guarantor required by the Exchange Act or other applicable Law to be set forth in the Schedule 14D-9 or the Schedule 13E-3 and all other information concerning Parent and Merger Sub that may be reasonably requested by the Company for inclusion in the Schedule 14D-9 or the Schedule 13E-314D-9. Each of the Company, Parent, Parent and Merger Sub shall promptly correct any information supplied by it or on its behalf for inclusion or incorporation by reference in the Schedule 14D-9 or the Schedule 13E-3 if and to the extent that such information shall have become false or misleading in any material respect, and the Company shall take all steps necessary and use all reasonable efforts to promptly amend or supplement the Schedule 14D-9 or the Schedule 13E-3 and to cause the Schedule 14D-9 or the Schedule 13E-3 as so amended or supplemented to be filed with the SEC and disseminated to the holders of Company the Common Stock, in each case case, as soon as and to the extent required by applicable Law. The Company shall promptly notify Parent upon the receipt of any comments from the SEC, or any request from the SEC for amendments or supplements, to the Schedule 14D-9 or the Schedule 13E-3, and shall promptly provide Parent with copies of all written correspondence and summaries of all material oral communications between the Company and its representatives, on the one hand, and the SEC, on the other hand. Prior to the filing of the Schedule 14D-9 or the Schedule 13E-3 and any amendment or supplement thereto (that does not contain or relate to an Adverse Recommendation Change) with the SEC or dissemination thereof to the holders of Company Common Stock, or responding to any comments of the SEC with respect to the Schedule 14D-9 or the Schedule 13E-3, the Company shall provide Parent, Merger Sub and their counsel shall be given a reasonable opportunity to review and comment on the Schedule 14D-9 or each time before it is filed with the Schedule 13E-3 or amendment or supplement or responseSEC, and the Company shall give reasonable and good faith consideration to any comments proposed by Parent, Merger Sub and their counsel. The Company shall provide Parent, Merger Sub and their counsel with (i) copies of any written comments or other communications (and shall inform Parent, Merger Sub and its counsel of any oral comments or other communications) that the Company or its counsel may receive from time to time from the SEC or its staff or other Governmental Authorities with respect to the Schedule 14D-9 promptly after receipt of those comments or other communications (whether written or oral) and (ii) unless the Company has received after the date of this Agreement and prior to the date of mailing a Takeover Proposal that constitutes or could reasonably be expected to result in a Superior Proposal (as contemplated in Section 5.3(b)) or the Company Board has made an Adverse Recommendation Change (in which case the remainder of this clause (ii) shall not apply to the extent relating to such commentsTakeover Proposal or Adverse Recommendation Change), a reasonable opportunity to review and comment on the Company’s proposed response to any such comments and to provide comments on that proposed response (which the Company shall give reasonable and good faith consideration thereto), including by participating with the Company or its counsel in any discussions or meetings with the SEC or other Governmental Authorities to the extent such participation is not prohibited by the SEC or other Governmental Authorities. Unless The Company hereby consents to the inclusion in the Offer has been terminated Documents of the Company Board Recommendation contained in accordance with the terms Schedule 14D-9 unless, prior to the filing of this Agreementthe Offer Documents, in the Company Board shall have made an Adverse Recommendation Change. In the event that the Company receives any comments from the SEC or its staff with respect to the Schedule 14D-9 or the Schedule 13E-314D-9, then it shall use its commercially reasonable best efforts to respond as promptly as practicable to such comments.
(cb) The Schedule 14D-9 shall also reflect that the Merger is governed by Section 251(h) of the DGCL and contain and constitute the notice to holders of Company Common Stock of the availability of appraisal rights in In connection with the Merger required to be delivered to such holders by Section 262(d) of the DGCL. The Company shall set the record date for the holders of Company Common Stock to receive such notice of appraisal rights as the same date as the Stockholder List Date and shall disseminate the Schedule 14D-9 including such notice of appraisal rights to such holders to the extent required by Section 262(d) of the DGCL providedOffer, that, such record date will not be more than ten (10) calendar days prior to the date that the Schedule 14D-9 is first mailed. The Company hereby consents to the inclusion of the Company Board Recommendation in the Offer Documents and, absent an Adverse Recommendation Change, to the inclusion of a copy of the Schedule 14D-9 with the Offer Documents mailed or furnished to the holders of Company Common Stock.
(d) The Company shall, or shall cause its transfer agent to, to promptly furnish Parent and Merger Sub and their agents promptly (and in any event within five (5) Business Days) after the date of this Agreement and from time to time thereafter as requested by Parent or Merger Sub with mailing labels containing the names and addresses of the record holders of Company Common Stock as of the latest practicable date and shall promptly furnish, or cause to be furnished, mailing labels containing such information of those persons Persons becoming record holders subsequent to such date, together with copies of all lists of stockholders, security position listings and computer files any non-objecting beneficial ownership lists, and all other information in the Company’s possession or control regarding the beneficial owners of Company Common Stock, in each case as of the latest date practicable, and shall promptly furnish to Parent and Merger Sub or their respective Representatives such other information and assistance (including periodically updated lists of stockholders, security position listings and computer files) as Parent or Merger Sub they may reasonably request in connection with the Offer. The Offer (the date of the list of stockholders used to determine the Persons to whom the Offer Documents and the Schedule 14D-9 are first disseminated is referred to as disseminated, the “Stockholder List Date.” Subject to the requirements of applicable Law, and except ”). Except for such steps as are necessary to disseminate the Offer Documents and any other documents necessary to consummate the Merger Transactions, Parent and Parent, Merger Sub and their representatives respective Affiliates and Representatives shall use the information contained in any such labels, listings and files only in connection with the Merger Transactions, shall treat such information and materials in accordance with the terms and conditions of the Confidentiality Agreement, and, if this Agreement is terminatedshall be terminated in accordance with Article VII, shall will use their reasonable best efforts to deliver to the Company or destroy all copies of such information then in their possession or under their control promptly upon the written request of the Company. Unless the Company has received after the date of this Agreement and prior to the date of mailing a Takeover Proposal that constitutes or could reasonably be expected to result in a Superior Proposal (as contemplated in Section 5.3(b)) or the Company Board has made an Adverse Recommendation Change, the Company and Parent shall use reasonable efforts to coordinate the mailing of the Offer Documents and the Schedule 14D-9 so they can be included together in a joint mailing to the holders of Common Stock.
Appears in 1 contract
Samples: Merger Agreement (CDK Global, Inc.)
Company Actions. (a) The Company hereby approves Schedule 14D-9. As promptly as practicable after the Purchaser commences (within the meaning of and consents to Rule 14d-2 under the Offer, the Merger and the other Merger Transactions and consents to the inclusion in Exchange Act) the Offer Documents of and Parent causes the Company Board Recommendation.
(b) On the date the Offer Documents are Schedule TO to be filed with the SECSEC (but, in all events, on the Offer Commencement Date), the Company shall, concurrently with the filing of the Schedule TO, shall (i) file with the SEC a Tender Offer Solicitation/Recommendation Statement on Schedule 14D-9 with respect to the Offer (together with all amendments and supplements thereto and including exhibits thereto, including, if applicable, a Rule 13E-3 transaction statement on Schedule 13E-3 (together with any exhibits, amendments thereof or supplements thereto, the “Schedule 13E-3”), the “Schedule 14D-9”) containingthat, subject to Section 5.37.1(b) and the last sentence of this Section 2.2(a), shall reflect the Company Board Recommendation and shall include the notice and other information required by Section 262(d)(2) of the DGCL and (ii) cause the Schedule 14D-9 and the Schedule 13E-3 related documents to be disseminated to the holders of Company Common Stock Shares as and to the extent required by United States applicable federal securities Laws, including Rule 14d-9 and Rule 13E-3 under by setting the Stockholder List Date as the record date for purposes of receiving the notice required by Section 262(d)(2) of the DGCL. The Company agrees that it shall cause the Schedule 14D-9 to comply in all material respects with the Exchange ActAct and other applicable Laws, and to not contain any untrue statement of a material fact or omission of a material fact necessary in order to make the statements made therein, in light of the circumstances under which they are made, not misleading. Each of Parent and Merger Sub Purchaser shall promptly furnish or otherwise make available to the Company or the Company’s its legal counsel upon request all information concerning Parent and Merger Sub Purchaser and their stockholders that is may be required or reasonably requested in connection with any action contemplated by this Section 2.2 so as to enable the Exchange Act or other applicable Law Company to be set forth comply with its obligations hereunder. Each of Parent, Purchaser and the Company agrees to promptly correct any information provided by it for use in the Schedule 14D-9 or the Schedule 13E-3 and all other information concerning Parent and Merger Sub that may be reasonably requested by the Company for inclusion in the Schedule 14D-9 or the Schedule 13E-3. Each of the Company, Parent, and Merger Sub shall promptly correct any information supplied by it or on its behalf for inclusion or incorporation by reference in the Schedule 14D-9 or the Schedule 13E-3 if and to the extent that such information shall have become false or misleading in any material respect, and the Company shall further agrees to take all steps necessary and use all reasonable efforts to promptly amend or supplement the Schedule 14D-9 or the Schedule 13E-3 and to cause the Schedule 14D-9 or the Schedule 13E-3 as so amended or supplemented corrected to be filed with the SEC and to be disseminated to the holders of Company Common StockShares, in each case as soon as and to the extent required by applicable Lawfederal securities Laws. The Company shall promptly notify Parent upon the receipt of any comments from the SEC, or any request from the SEC for amendments or supplements, to the Schedule 14D-9 or the Schedule 13E-3, and shall promptly provide Parent with copies of all written correspondence and summaries of all material oral communications between the Company and its representatives, on the one hand, and the SEC, on the other hand. Prior to the filing of the Schedule 14D-9 or the Schedule 13E-3 and any amendment or supplement thereto (that does not contain or relate to an Adverse Recommendation Change) with the SEC or dissemination thereof to the holders of Company Common Stock, or responding to any comments of the SEC with respect to the Schedule 14D-9 or the Schedule 13E-3, the Company counsel shall provide Parent, Merger Sub and their counsel a be given reasonable opportunity to review and comment on the Schedule 14D-9 or prior to the Schedule 13E-3 or amendment or supplement or response, and the Company shall give reasonable consideration to any such comments. Unless the Offer has been terminated in accordance filing thereof with the terms SEC. The Company agrees to provide Parent and its counsel with prompt notice of this Agreement, in the event any comments (whether written or oral) that the Company receives any comments or its counsel may receive from the SEC or its staff with respect to the Schedule 14D-9 (which notice shall include a copy of any written comments) and the Company shall provide Parent and its counsel a reasonable opportunity to participate in the formulation of any response to any such comments of the SEC or its staff, including the Schedule 13E-3, then it shall use opportunity to participate in any discussions with the SEC or its commercially reasonable efforts to respond promptly to staff concerning such comments.
(c) The Schedule 14D-9 shall also reflect that the Merger is governed by Section 251(h) of the DGCL and contain and constitute the notice to holders of Company Common Stock of the availability of appraisal rights in connection with the Merger required to be delivered to such holders by Section 262(d) of the DGCL. The Company shall set respond promptly to any comments of the record date for the holders of Company Common Stock SEC or its staff with respect to receive such notice of appraisal rights as the same date as the Stockholder List Date and shall disseminate the Schedule 14D-9 including such notice 14D-9. In the event that the Company Board effects a Company Adverse Change Recommendation in accordance with the terms of appraisal rights to such holders to Section 7.1(b), the extent required by Section 262(d) of the DGCL provided, that, such record date will Company shall not be more than ten (10) calendar days prior required to the date that the Schedule 14D-9 is first mailed. The Company hereby consents to the inclusion of reflect the Company Board Recommendation in the Offer Documents and, absent an Adverse Recommendation Change, to the inclusion of a copy of the Schedule 14D-9 with the Offer Documents mailed or furnished to the holders of Company Common Stockany related documents.
(d) The Company shall, or shall cause its transfer agent to, furnish Parent and Merger Sub and their agents promptly (and in any event within five (5) Business Days) after the date of this Agreement and from time to time thereafter as requested by Parent or Merger Sub with mailing labels containing the names and addresses of the record holders of Company Common Stock as of the latest practicable date and of those persons becoming record holders subsequent to such date, together with copies of all lists of stockholders, security position listings and computer files any non-objecting beneficial ownership lists, and all other information in the Company’s possession or control regarding the beneficial owners of Company Common Stock, in each case as of the latest date practicable, and shall promptly furnish to Parent and Merger Sub such other information and assistance (including periodically updated lists of stockholders, security position listings and computer files) as Parent or Merger Sub may reasonably request in connection with the Offer. The date of the list of stockholders used to determine the Persons to whom the Offer Documents and the Schedule 14D-9 are first disseminated is referred to as the “Stockholder List Date.” Subject to the requirements of applicable Law, and except for such steps as are necessary to disseminate the Offer Documents and any other documents necessary to consummate the Merger Transactions, Parent and Merger Sub and their representatives shall use the information contained in any such labels, listings and files only in connection with the Merger Transactions, shall treat such information and materials in accordance with the terms and conditions of the Confidentiality Agreement, and, if this Agreement is terminated, shall destroy all copies of such information then in their possession or under their control promptly upon the written request of the Company.
Appears in 1 contract
Company Actions. (a) The Board of Directors of the Company hereby approves of of, recommends and consents to the Offer, the Merger and the other Merger Transactions and consents to the inclusion in the Offer Documents of the Company Board Recommendationtransactions contemplated by this Agreement.
(b) On the date the Offer Documents are Schedule TO Amendment is filed with the SEC, the Company shall, concurrently with the filing of the Schedule TO, shall file with the SEC a an amendment (the "Schedule 14D-9 Amendment") to its Solicitation/Recommendation Statement on Schedule 14D-9 originally filed on March 29, 2004 with respect to the Offer Offer, including an Information Statement (together with all amendments and supplements thereto and including exhibits theretoas defined in Section 3.01(d)) (such Schedule 14D-9, including, if applicable, a Rule 13E-3 transaction statement on Schedule 13E-3 (together with any amendments thereof or supplements theretoas amended from time to time, the “"Schedule 13E-3”14D-9"), the “Schedule 14D-9”) containing, subject to Section 5.3, the Company Board Recommendation and shall cause promptly mail the Schedule 14D-9 and Amendment (including the Schedule 13E-3 to be disseminated Information Statement) to the holders of Company Common Stock as and Stock. The Schedule 14D-9 shall describe the recommendations referred to the extent required by United States federal securities Laws, including Rule 14d-9 and Rule 13E-3 under the Exchange Act. Each of Parent and Merger Sub shall promptly furnish or otherwise make available to the Company or the Company’s legal counsel upon request all information concerning Parent and Merger Sub that is required by the Exchange Act or other applicable Law to be set forth in the Schedule 14D-9 or the Schedule 13E-3 and all other information concerning Parent and Merger Sub that may be reasonably requested by the Company for inclusion in the Schedule 14D-9 or the Schedule 13E-3second paragraph of Section 3.01(d). Each of the Company, Parent, Parent and Merger Sub shall promptly correct any information supplied provided by it or on its behalf for inclusion or incorporation by reference use in the Schedule 14D-9 or (including the Schedule 13E-3 Information Statement) if and to the extent that such information shall have become false or misleading in any material respect, and the Company shall take all steps necessary and use all reasonable efforts to promptly amend or supplement the Schedule 14D-9 or (including the Schedule 13E-3 Information Statement) and to cause the Schedule 14D-9 or (including the Schedule 13E-3 Information Statement) as so amended or supplemented to be filed with the SEC and disseminated to the holders of Company Common StockCompany's stockholders, in each case as soon as and to the extent required by applicable Lawfederal securities laws. The Company shall promptly notify provide Parent upon the receipt of and its counsel in writing with any comments from the SEC, or any request from the SEC for amendments or supplements, to the Schedule 14D-9 or the Schedule 13E-3, and shall promptly provide Parent with copies of all written correspondence and summaries of all material oral communications between the Company and or its representatives, on counsel may receive after the one hand, and the SEC, on the other hand. Prior to the filing of the Schedule 14D-9 or the Schedule 13E-3 and any amendment or supplement thereto (that does not contain or relate to an Adverse Recommendation Change) with the SEC or dissemination thereof to the holders of Company Common Stock, or responding to any comments of the SEC with respect to the Schedule 14D-9 or the Schedule 13E-3, the Company shall provide Parent, Merger Sub and their counsel a reasonable opportunity to review and comment on the Schedule 14D-9 or the Schedule 13E-3 or amendment or supplement or response, and the Company shall give reasonable consideration to any such comments. Unless the Offer has been terminated in accordance with the terms date of this Agreement, in the event that the Company receives any comments Agreement from the SEC or its staff with respect to the Schedule 14D-9 or the Schedule 13E-3, then it shall use its commercially reasonable efforts to respond Information Statement promptly to after the receipt of such comments.
(c) The Schedule 14D-9 shall also reflect that the Merger is governed by Section 251(h) of the DGCL and contain and constitute the notice to holders of Company Common Stock of the availability of appraisal rights in In connection with the Merger required to be delivered to such holders by Section 262(d) of the DGCL. The Company shall set the record date for the holders of Company Common Stock to receive such notice of appraisal rights as the same date as the Stockholder List Date and shall disseminate the Schedule 14D-9 including such notice of appraisal rights to such holders to the extent required by Section 262(d) of the DGCL providedOffer, that, such record date will not be more than ten (10) calendar days prior to the date that the Schedule 14D-9 is first mailed. The Company hereby consents to the inclusion of the Company Board Recommendation in the Offer Documents and, absent an Adverse Recommendation Change, to the inclusion of a copy of the Schedule 14D-9 with the Offer Documents mailed or furnished to the holders of Company Common Stock.
(d) The Company shall, or shall cause its transfer agent to, to furnish Parent and Merger Sub and their agents promptly (and in any event within five (5) Business Days) after the date of this Agreement and from time to time thereafter as requested by Parent or Merger Sub with mailing labels containing the names and addresses of the record holders of Company Common Stock as of a date no earlier than two business days prior to the latest practicable date hereof and of those persons becoming record holders subsequent to such date, together with copies of all lists of stockholders, security position listings and computer files any non-objecting beneficial ownership lists, and all other information in the Company’s 's possession or control regarding the beneficial owners of Company Common Stock, in each case as of the latest date practicable, and shall promptly furnish to Parent and Merger Sub such other information and assistance (including periodically updated lists of stockholders, security position listings and computer files) as Parent or Merger Sub may reasonably request in connection with the Offer. The date of the list of stockholders used to determine the Persons to whom communicating the Offer Documents and to the Schedule 14D-9 are first disseminated is referred to as the “Stockholder List Date.” Company's stockholders. Subject to the requirements of applicable Lawstatutes, and laws (including common law), ordinances, rules or regulations, and, except for such steps as are necessary to disseminate the Schedule TO and the Offer Documents and any other documents necessary to consummate the Merger TransactionsOffer and the transactions contemplated by this Agreement, Parent and Merger Sub and their representatives shall use keep confidential the information contained in any such labels, lists, listings and files files, shall use such information only in connection with the Merger Transactions, shall treat such information Offer and materials in accordance with the terms and conditions of the Confidentiality AgreementMerger, and, if this Agreement is shall be terminated, shall destroy promptly deliver to the Company all copies of such information then in their possession or under their control promptly upon the written request of the Companypossession.
Appears in 1 contract
Company Actions. (a) The Company hereby approves of and consents to the Offer, the Merger and the other Merger Transactions and consents to the inclusion in the Offer Documents of the Company Board Recommendation.
(b) Schedule 14D-9. On the date the Offer Documents are filed with the SEC, or as promptly thereafter as practicable (but in no event later than the third (3rd) Business Day following the date on which the Offer Documents are initially filed), the Company shall, concurrently with the filing of the Schedule TO, shall file with the SEC a Solicitation/Recommendation Statement on Schedule 14D-9 with respect to the Offer Offer, (together with all amendments and supplements thereto and including exhibits theretosuch Schedule 14D-9, includingas amended from time to time, if applicable, a Rule 13E-3 transaction statement on Schedule 13E-3 (together with any exhibits, amendments thereof or supplements thereto, the “Schedule 13E-314D-9”), the “Schedule 14D-9”) containing, subject to Section 5.3, including a description of the Company Board Recommendation (subject to Section 6.02) and shall cause disseminate the Schedule 14D-9 and the Schedule 13E-3 to be disseminated to the holders of Company Common Stock as and to the extent required by United States federal securities Laws, including Rule 14d-9 and Rule 13E-3 under the Exchange Act. Each of Parent and Merger Sub shall promptly furnish or otherwise make available to the Company or the Company’s legal counsel upon request all information concerning Parent and Merger Sub that is required by the Exchange Act or other applicable Law to be set forth in the Schedule 14D-9 or the Schedule 13E-3 and all other information concerning Parent and Merger Sub that may be reasonably requested by the Company for inclusion in the Schedule 14D-9 or the Schedule 13E-3. Each of the Company, Parent, and Merger Sub shall promptly correct any information supplied by it or on its behalf for inclusion or incorporation by reference in the Schedule 14D-9 or the Schedule 13E-3 if and to the extent that such information shall have become false or misleading in any material respect, and the Company shall take all steps necessary and use all reasonable efforts to promptly amend or supplement the Schedule 14D-9 or the Schedule 13E-3 and to cause the Schedule 14D-9 or the Schedule 13E-3 as so amended or supplemented to be filed with the SEC and disseminated to the holders of Company Common Stock, in each case as soon as and to the extent required by applicable U.S. federal securities Law. The Company shall promptly notify Parent upon the receipt of any comments from the SEC, or any request from the SEC for amendments or supplements, to the Schedule 14D-9 or the Schedule 13E-3, and shall promptly provide Parent with copies of all written correspondence and summaries of all material oral communications between the Company and its representatives, on the one hand, and the SEC, on the other hand. Prior to the filing of the Schedule 14D-9 or the Schedule 13E-3 and any amendment or supplement thereto (that does not contain or relate to an Adverse Recommendation Change) with the SEC or dissemination thereof to the holders of Company Common Stock, or responding to any comments of the SEC with respect to the Schedule 14D-9 or the Schedule 13E-3, the Company shall provide Parent, Merger Sub and their counsel a reasonable opportunity to review and comment on the Schedule 14D-9 or the Schedule 13E-3 or amendment or supplement or response, and the Company shall give reasonable consideration to any such comments. Unless the Offer has been terminated in accordance with the terms of this Agreement, in the event that the Company receives any comments from the SEC or its staff with respect to the Schedule 14D-9 or the Schedule 13E-3, then it shall use its commercially reasonable efforts to respond promptly to such comments.
(c) The Schedule 14D-9 shall also reflect that the Merger is governed by Section 251(h) of the DGCL and contain and constitute the notice to holders of Company Common Stock of the availability of appraisal rights in connection with the Merger required to be delivered to such holders by the Company under Section 262(d262(d)(2) of the DGCLDGCL at the time the Company first files the Schedule 14D-9 with the SEC. The Company shall set the record date for the holders of Company Common Stock to receive such notice of appraisal rights as the same date as the Stockholder List Date and shall disseminate the Schedule 14D-9 including such notice of appraisal rights to such holders to the extent required by Section 262(d) of the DGCL provided, that, such record date will not be more than ten (10) calendar days prior DGCL. Parent and Merger Sub shall furnish to the date that Company all information concerning Parent and Merger Sub required by applicable Law to be set forth in the Schedule 14D-9. Each of the Company, Parent and Merger Sub shall promptly correct any information provided by it for use in the Schedule 14D-9 is first mailed. The Company hereby consents if and to the inclusion of extent that such information shall have become false or misleading in any material respect, and to correct any material omissions therefrom, and the Company Board Recommendation in the Offer Documents and, absent an Adverse Recommendation Change, shall take all steps necessary to the inclusion of a copy of amend or supplement the Schedule 14D-9 and to cause the Schedule 14D-9, as so amended or supplemented, to be filed with the Offer Documents mailed or furnished SEC and disseminated to the holders of Company Common Stock.
(d) The Company shall, or shall cause its transfer agent to, furnish Parent and Merger Sub and their agents promptly (and in any event within five (5) Business Days) after the date of this Agreement and from time to time thereafter as requested by Parent or Merger Sub with mailing labels containing the names and addresses of the record holders of Company Common Stock as of the latest practicable date and of those persons becoming record holders subsequent to such date, together with copies of all lists of stockholders, security position listings and computer files any non-objecting beneficial ownership lists, and all other information in the Company’s possession or control regarding the beneficial owners of Company Common Stock, in each case case, as and to the extent required by applicable Law. Except from and after an Adverse Recommendation Change or in connection with any disclosures made in compliance with Section 6.02, Company shall provide Parent and its counsel with copies of the latest date practicableany written comments, and shall inform Xxxxxx and its counsel of any oral comments, that the Company or its counsel may receive from the SEC or its staff with respect to the Schedule 14D-9 promptly furnish after the receipt of such comments. Except from and after an Adverse Recommendation Change or in connection with any disclosures made in compliance with Section 6.02, prior to the filing of the Schedule 14D-9 (including any amendment or supplement thereto) with the SEC or the dissemination thereof to the holders of the Company Common Stock, or responding to any comments of the SEC or its staff with respect to the Schedule 14D-9, the Company shall (x) provide Parent and its counsel a reasonable opportunity to review and comment on such Schedule 14D-9 or response (it being understood that Parent and its counsel shall provide any comments thereon as soon as reasonably practicable) and (y) give reasonable and good faith consideration to any comments made by Parent or its counsel. The Company shall respond promptly to any comments of the SEC or its staff with respect to the Schedule 14D-9. The Company hereby approves of and consents to the Offer, the Merger Sub such and the Transactions and the inclusion in the Offer Documents of a description of the Company Board Recommendation (except to the extent that the Company Board shall have withdrawn or modified the Company Board Recommendation in accordance with Section 6.02(b)). In addition, the Company shall cause the Schedule 14D-9 (i) to comply in all material respects with the Exchange Act and other applicable laws and (ii) to not contain any untrue statement of a material fact or omit to state any material fact required to be stated therein or necessary in order to make the statements therein, in light of the circumstances under which they were made, not misleading; provided, however, that no covenant is made by the Company with respect to information and assistance (including periodically updated lists supplied by or on behalf of stockholders, security position listings and computer files) as Parent or Merger Sub may reasonably request for inclusion or incorporation by reference in connection with the Offer. The date of the list of stockholders used to determine the Persons to whom the Offer Documents and the Schedule 14D-9 are first disseminated is referred to as the “Stockholder List Date14D-9.” Subject to the requirements of applicable Law, and except for such steps as are necessary to disseminate the Offer Documents and any other documents necessary to consummate the Merger Transactions, Parent and Merger Sub and their representatives shall use the information contained in any such labels, listings and files only in connection with the Merger Transactions, shall treat such information and materials in accordance with the terms and conditions of the Confidentiality Agreement, and, if this Agreement is terminated, shall destroy all copies of such information then in their possession or under their control promptly upon the written request of the Company.
Appears in 1 contract
Samples: Merger Agreement (Akili, Inc.)
Company Actions. (a) The Company hereby approves of and consents to Schedule 14D-9. As promptly as practicable on the Offer, the Merger and the other Merger Transactions and consents to the inclusion in day that the Offer Documents of the Company Board Recommendation.
(b) On the date the Offer Documents are filed with the SECis commenced, the Company shall, concurrently with following the filing of the Schedule TO, the Company shall (i) file with the SEC and disseminate to holders of Shares, in each case as and to the extent required by applicable federal securities laws, a Tender Offer Solicitation/Recommendation Statement on Schedule 14D-9 with respect to the Offer (together with all amendments and supplements thereto and including exhibits thereto, including, if applicable, a Rule 13E-3 transaction statement on Schedule 13E-3 (together with any exhibits, amendments thereof or supplements thereto, the “Schedule 13E-3”), the “Schedule 14D-9”) containingthat, subject to Section 5.36.1(b), shall reflect the Company Board Recommendation and shall cause (ii) otherwise comply with the Schedule 14D-9 requirements of Rules 14d-5 and 14d-9 promulgated under the Schedule 13E-3 to be disseminated to the holders of Company Common Stock Exchange Act, as and to the extent required by United States federal securities Laws, including Rule 14d-9 and Rule 13E-3 under applicable Legal Requirements. The Company agrees that it shall cause the Schedule 14D-9 to comply in all material respects with the Exchange ActAct and other applicable Legal Requirements. Unless requested otherwise by the Company, Parent shall cause the Schedule 14D-9 to be mailed or otherwise disseminated to the holders of Shares together with the Offer Documents. The Company shall respond promptly to any comments of the SEC or its staff with respect to the Schedule 14D-9. Each of Parent and Parent, Merger Sub shall promptly furnish or otherwise make available to and the Company or the Company’s legal counsel upon request all agrees to promptly correct any information concerning Parent and Merger Sub that is required provided by the Exchange Act or other applicable Law to be set forth it for use in the Schedule 14D-9 or the Schedule 13E-3 and all other information concerning Parent and Merger Sub that may be reasonably requested by the Company for inclusion in the Schedule 14D-9 or the Schedule 13E-3. Each of the Company, Parent, and Merger Sub shall promptly correct any information supplied by it or on its behalf for inclusion or incorporation by reference in the Schedule 14D-9 or the Schedule 13E-3 if and to the extent that such information shall have become false or misleading in any material respect, and to correct any material omissions therefrom, and the Company shall further agrees to take all steps necessary and use all reasonable efforts to promptly amend or supplement the Schedule 14D-9 or the Schedule 13E-3 and to cause the Schedule 14D-9 or the Schedule 13E-3 as so amended or supplemented corrected to be filed with the SEC and to be disseminated to the holders of Company Common StockShares, in each case as soon as and to the extent required by applicable Lawfederal securities laws. The Except from and after the time at which a Company Adverse Change Recommendation is effected, Parent and Merger Sub shall promptly notify Parent upon the receipt of any comments from the SEC, furnish or any request from the SEC for amendments or supplements, otherwise make available to the Schedule 14D-9 Company or the Schedule 13E-3, its legal counsel all information concerning Parent and shall promptly provide Parent with copies of all written correspondence and summaries of all material oral communications between the Company and its representatives, on the one hand, and the SEC, on the other hand. Prior to the filing of the Schedule 14D-9 or the Schedule 13E-3 and any amendment or supplement thereto (that does not contain or relate to an Adverse Recommendation Change) with the SEC or dissemination thereof to the holders of Company Common Stock, or responding to any comments of the SEC with respect to the Schedule 14D-9 or the Schedule 13E-3, the Company shall provide Parent, Merger Sub and their stockholders that may be required in connection with any action contemplated by this Section 1.2(a). Parent and its counsel a shall be given reasonable opportunity to review and comment on the Schedule 14D-9 or and any amendment thereto prior to the Schedule 13E-3 or amendment or supplement or response, filing thereof with the SEC. The Company agrees to provide Parent and its counsel with any comments the Company shall give reasonable consideration to any such comments. Unless the Offer has been terminated in accordance with the terms of this Agreement, in the event that the Company receives any comments or its counsel may receive from the SEC or its staff with respect to the Schedule 14D-9 or the Schedule 13E-3, then it shall use its commercially reasonable efforts to respond promptly to after receipt of such comments.
(c) . The Schedule 14D-9 shall also reflect that the Merger is governed by Section 251(h) obligations of the DGCL and contain and constitute Company in this Section 1.2(a) shall not apply if the notice Company Board effects a Company Adverse Change Recommendation or has formally determined to holders of Company Common Stock of the availability of appraisal rights in connection with the Merger required to be delivered to such holders by Section 262(d) of the DGCLdo so. The Company shall set respond promptly to any comments of the record date for the holders of Company Common Stock SEC or its staff with respect to receive such notice of appraisal rights as the same date as the Stockholder List Date and shall disseminate the Schedule 14D-9 including such notice of appraisal rights to such holders to the extent required by Section 262(d) of the DGCL provided, that, such record date will not be more than ten (10) calendar days prior to the date that the Schedule 14D-9 is first mailed. The Company hereby consents to the inclusion of the Company Board Recommendation in the Offer Documents and, absent an Adverse Recommendation Change, to the inclusion of a copy of the Schedule 14D-9 with the Offer Documents mailed or furnished to the holders of Company Common Stock14D-9.
(d) The Company shall, or shall cause its transfer agent to, furnish Parent and Merger Sub and their agents promptly (and in any event within five (5) Business Days) after the date of this Agreement and from time to time thereafter as requested by Parent or Merger Sub with mailing labels containing the names and addresses of the record holders of Company Common Stock as of the latest practicable date and of those persons becoming record holders subsequent to such date, together with copies of all lists of stockholders, security position listings and computer files any non-objecting beneficial ownership lists, and all other information in the Company’s possession or control regarding the beneficial owners of Company Common Stock, in each case as of the latest date practicable, and shall promptly furnish to Parent and Merger Sub such other information and assistance (including periodically updated lists of stockholders, security position listings and computer files) as Parent or Merger Sub may reasonably request in connection with the Offer. The date of the list of stockholders used to determine the Persons to whom the Offer Documents and the Schedule 14D-9 are first disseminated is referred to as the “Stockholder List Date.” Subject to the requirements of applicable Law, and except for such steps as are necessary to disseminate the Offer Documents and any other documents necessary to consummate the Merger Transactions, Parent and Merger Sub and their representatives shall use the information contained in any such labels, listings and files only in connection with the Merger Transactions, shall treat such information and materials in accordance with the terms and conditions of the Confidentiality Agreement, and, if this Agreement is terminated, shall destroy all copies of such information then in their possession or under their control promptly upon the written request of the Company.
Appears in 1 contract
Company Actions. (a) The Company hereby approves of and consents to the Offer, the Merger and the other Merger Transactions and consents to the inclusion in Schedule 14D-9. As promptly as practicable on the Offer Documents of the Company Board Recommendation.
(b) On the date the Offer Documents are filed with the SECCommencement Date, the Company shall, concurrently with following the filing of the Schedule TOOffer Documents, the Company shall (i) file with the SEC a Tender Offer Solicitation/Recommendation Statement on Schedule 14D-9 with respect to the Offer (together with all amendments and supplements thereto and including exhibits thereto, including, if applicable, a Rule 13E-3 transaction statement on Schedule 13E-3 (together with any exhibits, amendments thereof or supplements thereto, the “Schedule 13E-3”), the “Schedule 14D-9”) containingthat, subject to Section 5.36.1(b), shall reflect the Company Board Recommendation and shall include the notice and other information required by the NYBCL and (ii) cause the Schedule 14D-9 and the Schedule 13E-3 related documents to be disseminated to the holders of Company Common Stock Shares as and to the extent required by United States federal securities Lawsapplicable Legal Requirements, including Rule 14d-9 and Rule 13E-3 under by setting the Exchange Act. Each Shareholder List Date as the record date for purposes of Parent and Merger Sub shall promptly furnish or otherwise make available to receiving the Company or the Company’s legal counsel upon request all information concerning Parent and Merger Sub that is notice required by the Exchange Act or other applicable Law to be set forth in NYBCL. The Company agrees that it shall cause the Schedule 14D-9 to (x) comply in all material respects with the Exchange Act and other applicable Legal Requirements and (y) not contain any untrue statement of a material fact or omit to state any material fact required to be stated therein or necessary in order to make the Schedule 13E-3 and all other information concerning Parent and Merger Sub statements therein, in light of the circumstances under which they were made, not misleading; provided, however, that may be reasonably requested no covenant is made by the Company for inclusion in the Schedule 14D-9 or the Schedule 13E-3. Each of the Company, Parent, and Merger Sub shall promptly correct any with respect to information supplied by it or on its behalf of Parent or Merger Sub for inclusion or incorporation by reference in the Schedule 14D-9 14D-9. Each of Parent, Merger Sub and the Company agrees to respond promptly to any comments of the SEC or its staff and to promptly correct any information provided by it for use in the Schedule 13E-3 14D-9 if and to the extent that such information shall have become false or misleading in any material respect, and the Company shall further agrees to take all steps necessary and use all reasonable efforts to promptly amend or supplement the Schedule 14D-9 or the Schedule 13E-3 and to cause the Schedule 14D-9 or the Schedule 13E-3 as so amended or supplemented corrected to be filed with the SEC and to be disseminated to the holders of Company Common StockShares, in each case as soon as and to the extent required by applicable LawLegal Requirements. The Company Parent and Merger Sub shall promptly notify Parent upon the receipt of any comments from the SEC, furnish or any request from the SEC for amendments or supplements, otherwise make available to the Schedule 14D-9 Company or the Schedule 13E-3, and shall promptly provide Company’s legal counsel all information concerning Parent or Merger Sub that may be required or reasonably requested in connection with copies of all written correspondence and summaries of all material oral communications between the Company any action contemplated by this Section 1.2(a). Parent and its representatives, on the one hand, and the SEC, on the other hand. Prior to the filing of the Schedule 14D-9 or the Schedule 13E-3 and any amendment or supplement thereto (that does not contain or relate to an Adverse Recommendation Change) with the SEC or dissemination thereof to the holders of Company Common Stock, or responding to any comments of the SEC with respect to the Schedule 14D-9 or the Schedule 13E-3, the Company counsel shall provide Parent, Merger Sub and their counsel a be given reasonable opportunity to review and comment on the Schedule 14D-9 (including any response to any comments (including oral comments) of the SEC or its staff with respect thereto) prior to the Schedule 13E-3 or amendment or supplement or responsefiling thereof with the SEC, and the Company shall give reasonable and good faith consideration to any such comments made by Parent or its counsel. The Company agrees to provide Parent and its counsel with any comments (including oral comments. Unless the Offer has been terminated in accordance with the terms of this Agreement, in the event that ) the Company receives any comments or its counsel may receive from the SEC or its staff with respect to the Schedule 14D-9 or the Schedule 13E-3, then it shall use its commercially reasonable efforts to respond promptly to such comments.
(c) The Schedule 14D-9 shall also reflect that the Merger is governed by Section 251(h) of the DGCL and contain and constitute the notice to holders of Company Common Stock of the availability of appraisal rights in connection with the Merger required to be delivered to such holders by Section 262(d) of the DGCL. The Company shall set the record date for the holders of Company Common Stock to receive such notice of appraisal rights as the same date as the Stockholder List Date and shall disseminate the Schedule 14D-9 including such notice of appraisal rights to such holders to the extent required by Section 262(d) of the DGCL provided, that, such record date will not be more than ten (10) calendar days prior to the date that the Schedule 14D-9 is first mailed. The Company hereby consents to the inclusion of the Company Board Recommendation in the Offer Documents and, absent an Adverse Recommendation Change, to the inclusion of a copy of the Schedule 14D-9 with the Offer Documents mailed or furnished to the holders of Company Common Stock.
(d) The Company shall, or shall cause its transfer agent to, furnish Parent and Merger Sub and their agents promptly (and in any event within five (5) Business Days) after the date of this Agreement and from time to time thereafter as requested by Parent or Merger Sub with mailing labels containing the names and addresses of the record holders of Company Common Stock as of the latest practicable date and receipt of those persons becoming record holders subsequent to such date, together with copies of all lists of stockholders, security position listings and computer files any non-objecting beneficial ownership lists, and all other information in the Company’s possession or control regarding the beneficial owners of Company Common Stock, in each case as of the latest date practicable, and shall promptly furnish to Parent and Merger Sub such other information and assistance comments (including periodically updated lists of stockholders, security position listings and computer files) as Parent or Merger Sub may reasonably request in connection with the Offer. The date of the list of stockholders used to determine the Persons to whom the Offer Documents and the Schedule 14D-9 are first disseminated is referred to as the “Stockholder List Dateoral comments).” Subject to the requirements of applicable Law, and except for such steps as are necessary to disseminate the Offer Documents and any other documents necessary to consummate the Merger Transactions, Parent and Merger Sub and their representatives shall use the information contained in any such labels, listings and files only in connection with the Merger Transactions, shall treat such information and materials in accordance with the terms and conditions of the Confidentiality Agreement, and, if this Agreement is terminated, shall destroy all copies of such information then in their possession or under their control promptly upon the written request of the Company.
Appears in 1 contract
Company Actions. (a) The Company hereby approves of and consents to the Offer, the Merger Transactions. The Company represents that it has been advised that all of its directors and the other Merger Transactions and consents officers who own shares of Company Common Stock intend to tender such shares pursuant to the inclusion in the Offer Documents of the Company Board RecommendationOffer.
(b) On the date the Offer Documents are filed with the SEC, the The Company shall, concurrently with the filing of the Schedule TO, shall file with the SEC a Solicitation/Recommendation Statement on Schedule 14D-9 with respect to the Offer (together with all amendments and supplements thereto and including exhibits theretosuch Schedule 14D-9, including, if applicable, a Rule 13E-3 transaction statement on Schedule 13E-3 (together with any supplements or amendments thereof or supplements thereto, the “Schedule 13E-3”), the “Schedule 14D-9”) containing, subject to Section 5.3, containing the Company Board Recommendation Recommendation, which filing shall, to the extent reasonably practicable, be made on the date the Offer Documents are filed with the SEC (and in any event within ten (10) Business Days thereof) and shall cause mail the Schedule 14D-9 and the Schedule 13E-3 to be disseminated to the holders stockholders of the Company Common Stock as and to the extent required by United States federal securities Laws, including Rule 14d-9 and Rule 13E-3 under the Exchange Act. Each of The Company shall cause the Schedule 14D-9 to comply in all material respects with the Exchange Act and all other applicable Law. Parent and Merger Sub shall promptly furnish or otherwise make available to the Company or the Company’s legal counsel upon request all information concerning Parent and Merger Sub that is required by the Exchange Act or other applicable Law to be set forth in the Schedule 14D-9 or to comply with Rule 14d-9 under the Schedule 13E-3 and all other information concerning Parent and Merger Sub that may be reasonably requested by the Company for inclusion in the Schedule 14D-9 or the Schedule 13E-3Exchange Act. Each of the Company, Parent, Parent and Merger Sub shall promptly correct any information supplied by it or on its behalf for inclusion or incorporation by reference in the Schedule 14D-9 or the Schedule 13E-3 if and to the extent that such information shall have become false or misleading in any material respect, and the Company shall take all steps necessary and use all reasonable efforts to promptly amend or supplement the Schedule 14D-9 or the Schedule 13E-3 and to cause the Schedule 14D-9 or the Schedule 13E-3 as so amended or supplemented to be filed with the SEC and disseminated to the holders stockholders of Company Common Stockthe Company, in each case as soon as reasonably practicable and as and to the extent required by applicable LawUnited States federal securities Laws. The Company shall promptly notify Parent upon the receipt of any comments from the SEC, or any request from the SEC for amendments or supplements, to the Schedule 14D-9 or the Schedule 13E-314D-9, and shall promptly provide Parent with copies of all written correspondence and summaries of all material oral communications between the Company and its representativesRepresentatives, on the one hand, and the SEC, on the other hand. Prior to the filing of the Schedule 14D-9 or the Schedule 13E-3 and (including any amendment or supplement thereto (that does not contain or relate to an Adverse Recommendation Changethereto) with the SEC or dissemination mailing thereof to the holders stockholders of Company Common Stockthe Company, or responding to any comments of the SEC with respect to the Schedule 14D-9 or the Schedule 13E-314D-9, the Company shall provide Parent, Merger Sub Parent and their its counsel a reasonable opportunity to review and comment on the such Schedule 14D-9 or the Schedule 13E-3 or amendment or supplement or response, and the Company shall give reasonable and good faith consideration to any such comments. Unless the Offer has been terminated in accordance with the terms of this Agreementcomments made by Parent, in the event that the Company receives any comments from the SEC or its staff with respect to the Schedule 14D-9 or the Schedule 13E-3, then it shall use its commercially reasonable efforts to respond promptly to such comments.
(c) The Schedule 14D-9 shall also reflect that the Merger is governed by Section 251(h) of the DGCL Sub and contain and constitute the notice to holders of Company Common Stock of the availability of appraisal rights in connection with the Merger required to be delivered to such holders by Section 262(d) of the DGCL. The Company shall set the record date for the holders of Company Common Stock to receive such notice of appraisal rights as the same date as the Stockholder List Date and shall disseminate the Schedule 14D-9 including such notice of appraisal rights to such holders to the extent required by Section 262(d) of the DGCL provided, that, such record date will not be more than ten (10) calendar days prior to the date that the Schedule 14D-9 is first mailedtheir counsel. The Company hereby consents to the inclusion of the Company Board Recommendation in the Offer Documents and, absent an Adverse Recommendation Change, to the inclusion of a copy of the Schedule 14D-9 Company Recommendation.
(c) In connection with the Offer Documents mailed or furnished to and the holders of Merger, the Company Common Stock.
(d) The Company shall, or shall cause its transfer agent to, to furnish Parent and Merger Sub and their agents promptly (promptly, and in any event within five three (53) Business Days) after Days of the date of this Agreement and from time to time thereafter as requested by Parent or Merger Sub hereof, with mailing labels containing the names and addresses of the record holders of Company Common Stock as of the latest practicable date and of those persons becoming record holders subsequent to such date, together with copies of all lists of stockholders, security position listings and computer files any non-objecting beneficial ownership lists, and all other information in the Company’s possession or control regarding the beneficial owners of shares of Company Common Stock, in each case as of the latest date practicable, and shall promptly furnish to Parent and Merger Sub such other information and assistance (including periodically updated lists of stockholders, security position listings and computer files) as Parent or Merger Sub may reasonably request in connection with the Offer. The date of the list of stockholders used to determine the Persons to whom communicating the Offer Documents and the Schedule 14D-9 are first disseminated is referred to as the “Stockholder List Date.” holders of Company Common Stock. Subject to the requirements of applicable Law, and except for such steps as are necessary to disseminate the Offer Documents and any other documents necessary to consummate the Merger TransactionsOffer and the Merger, Parent and Merger Sub and their representatives agents (x) shall use hold in confidence the information contained in any such labels, listings and files and will use such information only in connection with the Offer and the Merger Transactionsand (y) following the termination of this Agreement, shall treat such information promptly, at the election of Parent, deliver to the Company or destroy, and materials in accordance with will use their reasonable best efforts to cause their agents to deliver to the terms and conditions of the Confidentiality AgreementCompany or destroy, and, if this Agreement is terminated, shall destroy all copies and any extract or summaries of such information then in their possession or under their control and promptly upon certify to the written request of the CompanyCompany in writing that all such material has been so returned or destroyed.
Appears in 1 contract
Samples: Merger Agreement (Solta Medical Inc)
Company Actions. (a) The Company hereby approves of and consents to the Offer, the Merger and the other Merger Transactions and consents to the inclusion in Schedule 14D-9. As promptly as practicable on the Offer Documents of the Company Board Recommendation.
(b) On the date the Offer Documents are filed with the SECCommencement Date, the Company shall, concurrently with following the filing by Parent and Purchaser of the Schedule TO, the Company shall file with the SEC SEC, in a manner that complies with Rule 14d-9 under the Exchange Act, a Tender Offer Solicitation/Recommendation Statement on Schedule 14D-9 with respect to the Offer (together with all amendments and supplements thereto and including exhibits thereto, including, if applicable, a Rule 13E-3 transaction statement on Schedule 13E-3 (together with any amendments thereof or amendments, supplements and exhibits thereto, the “Schedule 13E-3”), the “Schedule 14D-9”) containingthat (i) reflects the terms set forth in this Agreement, subject to (ii) unless the Company Board has made a Company Adverse Change Recommendation in accordance with Section 5.35.4(b), shall reflect the Company Board Recommendation and (iii) shall include a notice of appraisal rights and other information in accordance with Section 262(d)(2) of the DGCL. The Company agrees that it shall cause the Schedule 14D-9 to comply in all material respects with the Exchange Act and other applicable Legal Requirements. The Company shall cause the Schedule 13E-3 14D-9 to be disseminated to the holders of Company Common Stock Shares together with the Offer Documents as and to the extent required by United States federal securities Lawsapplicable Legal Requirements, including Rule 14d-9 and Rule 13E-3 under by setting the Exchange ActStockholder List Date as the record date for purposes of receiving the notice required by Section 262(d)(2) of the DGCL. Each of Parent Parent, Purchaser and Merger Sub shall promptly furnish or otherwise make available to the Company agrees to respond promptly to any comments of the SEC or the Company’s legal counsel upon request all its staff and to promptly correct any information concerning Parent and Merger Sub that is required provided by the Exchange Act or other applicable Law to be set forth it for use in the Schedule 14D-9 or the Schedule 13E-3 and all other information concerning Parent and Merger Sub that may be reasonably requested by the Company for inclusion in the Schedule 14D-9 or the Schedule 13E-3. Each of the Company, Parent, and Merger Sub shall promptly correct any information supplied by it or on its behalf for inclusion or incorporation by reference in the Schedule 14D-9 or the Schedule 13E-3 if and to the extent that such information shall have become false or misleading in any material respect, and to correct any material omissions therefrom, and the Company shall further agrees to take all necessary steps necessary and use all reasonable efforts to promptly amend or supplement the Schedule 14D-9 or the Schedule 13E-3 and to cause the Schedule 14D-9 or the Schedule 13E-3 as so amended or supplemented corrected to be promptly filed with the SEC and disseminated to the holders of Company Common StockShares, in each case as soon as and to the extent required by applicable Lawfederal securities laws. The Company Parent, Payor and Purchaser shall promptly notify Parent upon the receipt of any comments from the SEC, furnish or any request from the SEC for amendments or supplements, otherwise make available to the Schedule 14D-9 Company or the Schedule 13E-3its legal counsel all information concerning Parent, Payor and shall promptly provide Parent Purchaser and their respective stockholders and members, as applicable, that may be required in connection with copies of all written correspondence and summaries of all material oral communications between any action contemplated by this Section 1.2(a) so as to enable the Company to comply with its obligations hereunder. Parent and its representatives, on the one hand, and the SEC, on the other hand. Prior to the filing of the Schedule 14D-9 or the Schedule 13E-3 and any amendment or supplement thereto (that does not contain or relate to an Adverse Recommendation Change) with the SEC or dissemination thereof to the holders of Company Common Stock, or responding to any comments of the SEC with respect to the Schedule 14D-9 or the Schedule 13E-3, the Company counsel shall provide Parent, Merger Sub and their counsel a be given reasonable opportunity to review and comment on the Schedule 14D-9 or prior to the Schedule 13E-3 or amendment or supplement or response, filing thereof with the SEC. The Company agrees to provide Parent and its counsel with any comments (including oral comments) the Company shall give reasonable consideration to any such comments. Unless the Offer has been terminated in accordance with the terms of this Agreement, in the event that the Company receives any comments or its counsel may receive from the SEC or its staff with respect to the Schedule 14D-9 or the Schedule 13E-3, then it shall use its commercially reasonable efforts to respond promptly to after receipt of such comments (including oral comments.
(c) The Schedule 14D-9 shall also reflect that the Merger is governed by Section 251(h) of the DGCL and contain and constitute the notice to holders of Company Common Stock of the availability of appraisal rights in connection with the Merger required to be delivered to such holders by Section 262(d) of the DGCL). The Company shall set provide Parent and its counsel a reasonable opportunity to participate in the record date for the holders formulation of Company Common Stock any response to receive any such notice of appraisal rights as the same date as the Stockholder List Date and shall disseminate the Schedule 14D-9 including such notice of appraisal rights to such holders to the extent required by Section 262(d) comments of the DGCL providedSEC or its staff and a reasonable opportunity to participate in any discussions with the SEC or its staff concerning such comments, that, and the Company shall give reasonable and good faith consideration to any such record date will not be more than ten (10) calendar days prior to the date that the Schedule 14D-9 is first mailedcomments made by Parent or its counsel. The Company hereby consents shall respond promptly to any comments of the SEC or its staff with respect to the inclusion of the Company Board Recommendation in the Offer Documents and, absent an Adverse Recommendation Change, to the inclusion of a copy of the Schedule 14D-9 with the Offer Documents mailed or furnished to the holders of Company Common Stock14D-9.
(d) The Company shall, or shall cause its transfer agent to, furnish Parent and Merger Sub and their agents promptly (and in any event within five (5) Business Days) after the date of this Agreement and from time to time thereafter as requested by Parent or Merger Sub with mailing labels containing the names and addresses of the record holders of Company Common Stock as of the latest practicable date and of those persons becoming record holders subsequent to such date, together with copies of all lists of stockholders, security position listings and computer files any non-objecting beneficial ownership lists, and all other information in the Company’s possession or control regarding the beneficial owners of Company Common Stock, in each case as of the latest date practicable, and shall promptly furnish to Parent and Merger Sub such other information and assistance (including periodically updated lists of stockholders, security position listings and computer files) as Parent or Merger Sub may reasonably request in connection with the Offer. The date of the list of stockholders used to determine the Persons to whom the Offer Documents and the Schedule 14D-9 are first disseminated is referred to as the “Stockholder List Date.” Subject to the requirements of applicable Law, and except for such steps as are necessary to disseminate the Offer Documents and any other documents necessary to consummate the Merger Transactions, Parent and Merger Sub and their representatives shall use the information contained in any such labels, listings and files only in connection with the Merger Transactions, shall treat such information and materials in accordance with the terms and conditions of the Confidentiality Agreement, and, if this Agreement is terminated, shall destroy all copies of such information then in their possession or under their control promptly upon the written request of the Company.
Appears in 1 contract
Company Actions. (a) The Company hereby approves of and consents to the Offer, the Merger and the other Merger Transactions and consents to the inclusion in the Offer Documents of the Company Board Recommendation.
(b) On the date the Offer is commenced and the Offer Documents are filed with the SEC, the Company shall, concurrently with the filing of the Schedule TO, file with the SEC a Solicitation/Recommendation Statement on Schedule 14D-9 with respect to the Offer (together with all amendments and supplements thereto and including exhibits thereto, including, if applicable, a Rule 13E-3 transaction statement on Schedule 13E-3 (together with any amendments thereof or supplements thereto, the “Schedule 13E-3”), the “Schedule 14D-9”) containing, subject to Section 5.3, the Company Board Recommendation and shall cause disseminate the Schedule 14D-9 and the Schedule 13E-3 to be disseminated to the holders of Company the Common Stock as and to the extent required by United States federal securities Laws, including Rule 14d-9 and Rule 13E-3 under the Exchange Act. The Schedule 14D-9 shall also contain the notice of appraisal rights required to be delivered by the Company under Section 262 of the DGCL at the time the Company first files the Schedule 14D-9 with the SEC. Each of Parent and Merger Sub shall promptly furnish or otherwise make available to the Company or the Company’s legal counsel upon request all information concerning Parent and Merger Sub that is required by the Exchange Act or other applicable Law to be set forth in the Schedule 14D-9 or the Schedule 13E-3 and all other information concerning Guarantor, Parent and Merger Sub that may be reasonably requested by the Company for inclusion in the Schedule 14D-9 or the Schedule 13E-314D-9. Each of the Company, Parent, Parent and Merger Sub shall promptly correct any information supplied by it or on its behalf for inclusion or incorporation by reference in the Schedule 14D-9 or the Schedule 13E-3 if and to the extent that such information shall have become false or misleading in any material respect, and the Company shall take all steps necessary and use all commercially reasonable efforts to promptly amend or supplement the Schedule 14D-9 or the Schedule 13E-3 and to cause the Schedule 14D-9 or the Schedule 13E-3 as so amended or supplemented to be filed with the SEC and disseminated to the holders of Company the Common Stock, in each case as soon as and to the extent required by applicable Law. The Company shall promptly notify Parent upon the receipt of any comments from the SEC, or any request from the SEC for amendments or supplements, to the Schedule 14D-9 or the Schedule 13E-3, and shall promptly provide Parent with copies of all written correspondence and summaries of all material oral communications between the Company and its representatives, on the one hand, and the SEC, on the other hand. Prior to the filing of the Schedule 14D-9 or the Schedule 13E-3 and any amendment or supplement thereto (that does not contain or relate to an Adverse Recommendation Change) with the SEC or dissemination thereof to the holders of Company Common Stock, or responding to any comments of the SEC with respect to the Schedule 14D-9 or the Schedule 13E-3, the Company shall provide Parent, Merger Sub and their counsel shall be given a reasonable opportunity to review and comment on the Schedule 14D-9 or each time before it is filed with the Schedule 13E-3 or amendment or supplement or responseSEC, and the Company shall give include in such document (and any amendments thereto) all comments proposed by Parent, Merger Sub and their counsel and acceptable to the Company and its counsel, in each case acting reasonably. The Company shall provide Parent, Merger Sub and their counsel with (i) any comments or other communications, whether written or oral, that the Company or its counsel may receive from time to time from the SEC or its staff or other Governmental Authorities with respect to the Schedule 14D-9 promptly after receipt of those comments or other communications and (ii) a reasonable consideration opportunity to participate in the Company’s response to those comments and to provide comments on that response (which response shall include all comments proposed by Parent, Merger Sub and their counsel and acceptable to the Company and its counsel, in each case acting reasonably), including by offering Parent, Merger Sub and their counsel an opportunity to participate with the Company or its counsel in any material discussions or meetings with the SEC or other Governmental Authorities to the extent such commentsparticipation is not prohibited by the SEC or other Governmental Authorities. Unless The Company hereby consents to the inclusion in the Offer has been terminated Documents of the Company Board Recommendation contained in accordance with the terms of this Agreement, in Schedule 14D-9. In the event that the Company receives any comments from the SEC or its staff with respect to the Schedule 14D-9 or the Schedule 13E-314D-9, then it shall use its commercially reasonable efforts to respond as promptly as practicable to such comments.
(c. Nothing in this Section 1.2(a) The Schedule 14D-9 shall also reflect that limit the Merger is governed by Section 251(h) of the DGCL and contain and constitute the notice to holders of Company Common Stock of the availability of appraisal rights in connection with the Merger required to be delivered to such holders by Section 262(d) of the DGCL. The Company shall set the record date for the holders of Company Common Stock to receive such notice of appraisal rights as the same date as the Stockholder List Date and shall disseminate the Schedule 14D-9 including such notice of appraisal rights to such holders to the extent required by Section 262(d) of the DGCL provided, that, such record date will not be more than ten (10) calendar days prior to the date that the Schedule 14D-9 is first mailed. The Company hereby consents to the inclusion ability of the Company Board Recommendation in the Offer Documents and, absent to make an Adverse Recommendation ChangeChange or any disclosure, to the inclusion of a copy of the Schedule 14D-9 in each case, in compliance with the Offer Documents mailed or furnished to the holders of Company Common StockSection 5.3.
(db) The In connection with the Offer, the Company shallshall furnish, or shall cause its transfer agent toto furnish, furnish Parent and Merger Sub and their agents promptly (and in any event within five (5) Business Days) after Days of the date of this Agreement and from time to time thereafter as requested by Parent or Merger Sub Agreement) with mailing labels containing the names and addresses of the record holders of Company Common Stock as of the latest practicable date and shall promptly furnish, or cause to be furnished, mailing labels containing such information of those persons Persons becoming record holders subsequent to such date, together with copies of all lists of stockholders, stockholders and security position listings and computer files any non-objecting beneficial ownership lists, and all other information in the Company’s possession or control regarding the beneficial owners of Company Common Stock, in each case as of the latest date practicable, and shall promptly furnish to Parent and Merger Sub or their respective Representatives such other information and assistance (including periodically updated lists of stockholders, security position listings and computer files) as Parent or Merger Sub they may reasonably request in connection with the Offer. The date of the list of stockholders used to determine the Persons to whom the Offer Documents and the Schedule 14D-9 are first disseminated is referred to as the “Stockholder List Date.” Subject to the requirements of applicable Law, and except Except for such steps as are necessary to disseminate the Offer Documents and any other documents necessary to consummate the Merger Transactions, Parent and Parent, Merger Sub and their representatives respective Affiliates and Representatives shall use the information contained in any such labels, listings and files only in connection with the Merger Transactions, shall treat such information and materials in accordance with the terms and conditions of the Confidentiality Agreement, and, if this Agreement is terminatedshall be terminated in accordance with Article VII, shall will deliver to the Company or destroy all copies of such information then in their possession or under their control promptly upon the written request of the Company. The Company and Parent shall coordinate the mailing of the Offer Documents and the Schedule 14D-9 so they can be included together in a joint mailing to the holders of Common Stock.
Appears in 1 contract
Samples: Merger Agreement (ShoreTel Inc)
Company Actions. (a) The Company hereby approves of and consents to the Offer, the Merger and the other Merger Transactions and consents to the inclusion in the Offer Documents of the Company Board Recommendation.
(b) Schedule 14D-9. On the date of the Offer Documents are filed with the SEC, the Company shall, concurrently with the initial filing of the Schedule TO, the Company shall file with the SEC a Solicitation/Recommendation Statement on Schedule 14D-9 with respect to the Offer (together with all amendments and supplements thereto and including exhibits theretosuch Schedule 14D-9, including, if applicable, a Rule 13E-3 transaction statement on Schedule 13E-3 (together with any supplements or amendments thereof or supplements thereto, the “Schedule 13E-3”), the “Schedule 14D-9”) containing), subject to Section 5.3, which shall describe and make the Recommendation of the Company Board with respect to the Offer (subject to there not having been an Adverse Recommendation Change), and promptly thereafter the Company shall cause disseminate the Schedule 14D-9 and the Schedule 13E-3 to be disseminated to the all holders of Company Common Stock as and to the extent required by United States applicable U.S. federal securities Laws, including Rule 14d-9 . The Company shall also include in the Schedule 14D-9 the Fairness Opinion and Rule 13E-3 under the Exchange Actnotice and other information required by Section 262(d)(2) of the DGCL. Each The Company shall cause the Schedule 14D-9 to comply as to form in all material respects with the requirements of applicable Laws. Parent and Merger Sub shall promptly furnish or otherwise make available to the Company or the Company’s legal counsel upon request in writing all information concerning Parent and Merger Sub that is required by the Exchange Act or other applicable Law to be set forth in the Schedule 14D-9 or the Schedule 13E-3 and all other information concerning Parent and Merger Sub that may be required by applicable U.S. federal securities Laws or reasonably requested by the Company for inclusion in the Schedule 14D-9 or the Schedule 13E-314D-9. Each of the Company, Parent, and Merger Sub and the Company shall promptly correct any information supplied provided by it or on its behalf for inclusion or incorporation by reference use in the Schedule 14D-9 or the Schedule 13E-3 if and to the extent that such information shall have become inaccurate, false or misleading in any material respect, and the . The Company shall take all steps necessary and use all reasonable efforts to promptly amend or supplement the Schedule 14D-9 or the Schedule 13E-3 and to cause the Schedule 14D-9 or the Schedule 13E-3 14D-9, as so amended or supplemented corrected, to be filed with the SEC and the Schedule 14D-9, as so corrected, to be disseminated to the all holders of Company Common Stock, in each case as soon as reasonably practicable and as and to the extent required by applicable LawU.S. federal securities Laws. The Company shall promptly notify Parent upon the receipt of any comments from the SEC, or any request from the SEC for amendments or supplements, Except to the Schedule 14D-9 extent related to a Takeover Proposal or an Adverse Recommendation Change occurring after the Schedule 13E-3date hereof, and shall promptly provide Parent with copies of all written correspondence and summaries of all material oral communications between the Company and its representatives, on the one hand, and the SEC, on the other hand. Prior (i) prior to the filing of the Schedule 14D-9 or the Schedule 13E-3 and (including any amendment or supplement thereto (that does not contain thereto) or relate to an Adverse Recommendation Change) with the SEC or dissemination thereof to the holders of Company Common Stock, or responding to any comments of the SEC with respect to the Schedule 14D-9 or the Schedule 13E-3, the Company shall provide Parent, Parent and Merger Sub and their counsel a reasonable opportunity to review and comment to propose comments on the Schedule 14D-9 or the Schedule 13E-3 or amendment or supplement or response, such documents (and the Company shall in good faith give reasonable consideration to any such comments. Unless the Offer has been terminated in accordance with the terms of this Agreementcomments provided by Parent or its Representatives), in the event that (ii) the Company receives shall promptly notify Parent and Merger Sub upon the receipt of any comments from the SEC or its staff or any request from the SEC or its staff for amendments or supplements to the Schedule 14D-9, and shall provide Parent and Merger Sub with copies of all written correspondence, and telephonic notification of any material oral communications, between the Company and its Representatives, on the one hand, and the SEC or its staff, on the other hand, with respect thereto, and (iii) the Company shall reasonably consult with and provide Parent and Merger Sub and their respective counsel a reasonable opportunity to participate in the formulation of any written response to any such written comments of the SEC or its staff, including giving reasonable consideration in good faith to any comments provided by Parent or its Representatives on such response. The Company shall use reasonable best efforts to respond as promptly as reasonably practicable to any comments of the SEC or its staff with respect to the Schedule 14D-9 or the Schedule 13E-3, then it shall use its commercially reasonable efforts to respond promptly to such comments14D-9.
(c) The Schedule 14D-9 shall also reflect that the Merger is governed by Section 251(h) of the DGCL and contain and constitute the notice to holders of Company Common Stock of the availability of appraisal rights in connection with the Merger required to be delivered to such holders by Section 262(d) of the DGCL. The Company shall set the record date for the holders of Company Common Stock to receive such notice of appraisal rights as the same date as the Stockholder List Date and shall disseminate the Schedule 14D-9 including such notice of appraisal rights to such holders to the extent required by Section 262(d) of the DGCL provided, that, such record date will not be more than ten (10) calendar days prior to the date that the Schedule 14D-9 is first mailed. The Company hereby consents to the inclusion of the Company Board Recommendation in the Offer Documents and, absent an Adverse Recommendation Change, to the inclusion of a copy of the Schedule 14D-9 with the Offer Documents mailed or furnished to the holders of Company Common Stock.
(d) The Company shall, or shall cause its transfer agent to, furnish Parent and Merger Sub and their agents promptly (and in any event within five (5) Business Days) after the date of this Agreement and from time to time thereafter as requested by Parent or Merger Sub with mailing labels containing the names and addresses of the record holders of Company Common Stock as of the latest practicable date and of those persons becoming record holders subsequent to such date, together with copies of all lists of stockholders, security position listings and computer files any non-objecting beneficial ownership lists, and all other information in the Company’s possession or control regarding the beneficial owners of Company Common Stock, in each case as of the latest date practicable, and shall promptly furnish to Parent and Merger Sub such other information and assistance (including periodically updated lists of stockholders, security position listings and computer files) as Parent or Merger Sub may reasonably request in connection with the Offer. The date of the list of stockholders used to determine the Persons to whom the Offer Documents and the Schedule 14D-9 are first disseminated is referred to as the “Stockholder List Date.” Subject to the requirements of applicable Law, and except for such steps as are necessary to disseminate the Offer Documents and any other documents necessary to consummate the Merger Transactions, Parent and Merger Sub and their representatives shall use the information contained in any such labels, listings and files only in connection with the Merger Transactions, shall treat such information and materials in accordance with the terms and conditions of the Confidentiality Agreement, and, if this Agreement is terminated, shall destroy all copies of such information then in their possession or under their control promptly upon the written request of the Company.
Appears in 1 contract
Samples: Merger Agreement
Company Actions. (a) The Company hereby approves of and consents to the Offer, the Merger and the other Merger Transactions and consents to the inclusion in the Offer Documents of the Company Board Recommendation.
(b) Schedule 14D-9. On the date the Offer Documents are filed with the SEC, or as promptly thereafter as practicable, the Company shall, concurrently with the filing of the Schedule TO, shall file with the SEC a Solicitation/Recommendation Statement on Schedule 14D-9 with respect to the Offer (together with all amendments and supplements thereto and including exhibits theretoOffer, including, if applicable, a Rule 13E-3 transaction statement on Schedule 13E-3 (such Schedule 14D-9 (including, if applicable, such Schedule 13E-3), as amended from time to time, together with any exhibits, amendments thereof or supplements thereto, the “Schedule 13E-314D-9”), including a description of the “Schedule 14D-9”) containing, subject to Section 5.3, Special Committee Recommendation and the Company Board Recommendation (subject to Section 6.02) and shall cause disseminate the Schedule 14D-9 and the Schedule 13E-3 to be disseminated to the holders of the Company Common Stock Stock, as and to the extent required by United States applicable U.S. federal securities LawsLaw. At the time the Company first files the Schedule 14D-9 with the SEC, including Rule 14d-9 the Schedule 14D-9 shall also contain the notice of appraisal rights required to be delivered by the Company under Section 262(d)(2) of the DGCL and Rule 13E-3 under the Exchange Actfairness opinion delivered by Guggenheim Securities, LLC. Each of Parent and Merger Sub shall promptly furnish or otherwise make available to the Company or the Company’s legal counsel upon request all information concerning Parent and Merger Sub that is required by the Exchange Act or other applicable Law and as reasonably requested by the Company to be set forth in the Schedule 14D-9 or the Schedule (including, if applicable, any information required for a Rule 13E-3 and all other information concerning Parent and Merger Sub that may be reasonably requested by the Company for inclusion in the Schedule 14D-9 or the transaction statement on Schedule 13E-3). Each of the Company, Parent, Parent and Merger Sub shall promptly correct any information supplied provided by it or on its behalf for inclusion or incorporation by reference use in the Schedule 14D-9 or the Schedule 13E-3 if and to the extent that such information shall have become false or misleading in any material respect, and to correct any material omissions therefrom, and the Company shall take all steps necessary and use all reasonable efforts to promptly amend or supplement the Schedule 14D-9 or the Schedule 13E-3 and to cause the Schedule 14D-9 or the Schedule 13E-3 14D-9, as so amended or supplemented supplemented, to be filed with the SEC and disseminated to the holders of the Company Common Stock, in each case as soon case, as and to the extent required by applicable LawLaw (including applicable requirements of the Exchange Act). The Except from and after an Adverse Recommendation Change or in connection with any disclosures made in compliance with Section 6.02, the Company shall promptly notify provide Parent upon the receipt and its counsel with copies of any comments from written comments, and shall inform Parent and its counsel of any oral comments, that the SEC, Company or any request its counsel may receive from the SEC for amendments or supplements, its staff with respect to the Schedule 14D-9 promptly after the receipt of such comments. Except from and after an Adverse Recommendation Change or the Schedule 13E-3in connection with any disclosures made in compliance with Section 6.02, and shall promptly provide Parent with copies of all written correspondence and summaries of all material oral communications between the Company and its representatives, on the one hand, and the SEC, on the other hand. Prior prior to the filing of the Schedule 14D-9 or the Schedule 13E-3 and (including any amendment or supplement thereto (that does not contain or relate to an Adverse Recommendation Changethereto) with the SEC or the dissemination thereof to the holders of the Company Common Stock, or responding to any comments of the SEC or its staff with respect to the Schedule 14D-9 or the Schedule 13E-314D-9, the Company shall (i) provide Parent, Merger Sub Parent and their its counsel a reasonable opportunity to review and comment on the such Schedule 14D-9 or response (it being understood that Parent and its counsel shall provide any comments thereon as soon as reasonably practicable) and (ii) give reasonable and good faith consideration to any comments made by Parent or its counsel. Subject to the Schedule 13E-3 or amendment or supplement or responseforegoing sentence, and the Company shall give reasonable consideration respond promptly to any such comments. Unless the Offer has been terminated in accordance with the terms comments of this Agreement, in the event that the Company receives any comments from the SEC or its staff with respect to the Schedule 14D-9 or the Schedule 13E-3, then it shall use its commercially reasonable efforts to respond promptly to such comments.
(c) The Schedule 14D-9 shall also reflect that the Merger is governed by Section 251(h) of the DGCL and contain and constitute the notice to holders of Company Common Stock of the availability of appraisal rights in connection with the Merger required to be delivered to such holders by Section 262(d) of the DGCL. The Company shall set the record date for the holders of Company Common Stock to receive such notice of appraisal rights as the same date as the Stockholder List Date and shall disseminate the Schedule 14D-9 including such notice of appraisal rights to such holders to the extent required by Section 262(d) of the DGCL provided, that, such record date will not be more than ten (10) calendar days prior to the date that the Schedule 14D-9 is first mailed14D-9. The Company hereby consents to the inclusion in the Offer Documents of a description of the Special Committee Recommendation and the Company Board Recommendation in the Offer Documents and, absent an Adverse Recommendation Change, (except to the inclusion of a copy of extent that the Special Committee or the Company Board shall have withdrawn or modified the Special Committee Recommendation or the Company Board Recommendation, respectively, in accordance with Section 6.02(b)). In addition, the Company shall cause the Schedule 14D-9 (A) to comply in all material respects with the Offer Documents mailed Exchange Act and other applicable laws and (B) to not contain any untrue statement of a material fact or furnished omit to state any material fact required to be stated therein or necessary in order to make the holders statements therein, in light of the circumstances under which they were made, not misleading; provided, however, that no covenant is made by the Company Common Stock.
(d) The Company shall, with respect to information supplied by or shall cause its transfer agent to, furnish Parent and Merger Sub and their agents promptly (and in any event within five (5) Business Days) after the date on behalf of this Agreement and from time to time thereafter as requested by Parent or Merger Sub with mailing labels containing the names and addresses of the record holders of Company Common Stock as of the latest practicable date and of those persons becoming record holders subsequent to such date, together with copies of all lists of stockholders, security position listings and computer files any non-objecting beneficial ownership lists, and all other information for inclusion or incorporation by reference in the Company’s possession or control regarding the beneficial owners of Company Common Stock, in each case as of the latest date practicable, and shall promptly furnish to Parent and Merger Sub such other information and assistance (including periodically updated lists of stockholders, security position listings and computer files) as Parent or Merger Sub may reasonably request in connection with the Offer. The date of the list of stockholders used to determine the Persons to whom the Offer Documents and the Schedule 14D-9 are first disseminated is referred to as the “Stockholder List Date14D-9.” Subject to the requirements of applicable Law, and except for such steps as are necessary to disseminate the Offer Documents and any other documents necessary to consummate the Merger Transactions, Parent and Merger Sub and their representatives shall use the information contained in any such labels, listings and files only in connection with the Merger Transactions, shall treat such information and materials in accordance with the terms and conditions of the Confidentiality Agreement, and, if this Agreement is terminated, shall destroy all copies of such information then in their possession or under their control promptly upon the written request of the Company.
Appears in 1 contract
Company Actions. (a) The Company hereby approves of and consents to the Offer. The Company has been authorized by Mesirow Financial, Inc. to permit the Merger and inclusion of the other Merger Transactions and fairness opinion referenced in Section 2.09 (including a description thereof) in the Offer Documents. The Company hereby consents to the inclusion in the Offer Documents of the recommendation of the Special Committee and the Company Board Recommendationdescribed in Sections 2.04(b) and (c).
(b) On Concurrently with the date commencement of the Offer Documents are filed with the SECor as promptly thereafter as practicable, the Company shall, concurrently with the filing of the Schedule TO, shall file with the SEC a Solicitation/Solicitation/ Recommendation Statement on Schedule 14D-9 with respect to the Offer (together with all amendments and supplements thereto and including the exhibits thereto, including, if applicable, a Rule 13E-3 transaction statement on Schedule 13E-3 (together with any amendments thereof or supplements thereto, the “Schedule 13E-3”), the “Schedule 14D-9”) containing, subject which shall contain the recommendations referred to Section 5.3, the Company Board Recommendation in Sections 2.04(b) and shall cause the (c). The Schedule 14D-9 and shall comply in all material respects with the Schedule 13E-3 to be disseminated to the holders provisions of Company Common Stock as and to the extent required by United States applicable federal securities Lawslaws and, including Rule 14d-9 on the date filed with the SEC and Rule 13E-3 under on the Exchange Act. Each of Parent and Merger Sub shall promptly furnish date first published, sent or otherwise make available given to the Company or the Company’s legal counsel upon request all information concerning Parent and Merger Sub that is stockholders, shall not contain any untrue statement of a material fact or omit to state any material fact required by the Exchange Act or other applicable Law to be set forth stated therein or necessary in order to make the Schedule 14D-9 statements therein, in light of the circumstances under which they were made, not misleading, except that no representation is or the Schedule 13E-3 and all other information concerning Parent and Merger Sub that may shall be reasonably requested made by the Company with respect to information supplied by Acquirer or any other member of the Acquirer Group or their Representatives, for inclusion in the Schedule 14D-9 or the Schedule 13E-314D-9. Each of the Company, Parent, and Merger Sub shall promptly correct any information supplied by it or on its behalf for inclusion or incorporation by reference in the Schedule 14D-9 or the Schedule 13E-3 if and to the extent that such information shall have become false or misleading in any material respect, and the The Company further shall take all steps necessary and use all reasonable efforts to promptly amend or supplement the Schedule 14D-9 or the Schedule 13E-3 and to cause the Schedule 14D-9 or the Schedule 13E-3 as so amended or supplemented to be filed with the SEC and to be disseminated to the holders of Company Common StockShares, in each case as soon as and to the extent required by applicable Lawfederal securities laws, and shall mail such Schedule 14D-9 to the stockholders of the Company promptly after commencement of the Offer. The Each of the Company and Acquirer shall promptly notify Parent upon the receipt of correct any comments from the SEC, or any request from the SEC information provided by it for amendments or supplements, to use in the Schedule 14D-9 or if and to the extent that it shall have become false and misleading in any material respect and the Company further shall take all steps necessary to cause the Schedule 13E-314D-9 as so corrected to be filed with the SEC and to be disseminated to holders of Shares, in each case as and to the extent required by applicable federal securities laws. Acquirer and its counsel shall be given an opportunity to review and comment upon the Schedule 14D-9 (and shall promptly provide Parent with copies of all written correspondence and summaries of all material oral communications between the Company and its representatives, on the one hand, and the SEC, on the other hand. Prior any comments thereon as soon as practicable) prior to the filing of the Schedule 14D-9 or the Schedule 13E-3 and any amendment or supplement thereto (that does not contain or relate to an Adverse Recommendation Change) thereof with the SEC or dissemination thereof to the holders of Company Common Stock, or responding to any comments of the SEC with respect to the Schedule 14D-9 or the Schedule 13E-3SEC. In addition, the Company shall provide Parent, Merger Sub to Acquirer and their its counsel a reasonable opportunity to review and comment on the Schedule 14D-9 or the Schedule 13E-3 or amendment or supplement or response, and the Company shall give reasonable consideration to in writing any such comments. Unless the Offer has been terminated in accordance with the terms of this Agreement, in the event comments that the Company receives any comments or its counsel may receive from the SEC or its staff with respect to the Schedule 14D-9 promptly after receipt of such comments and copies of any written responses and telephonic notification of any verbal responses by the Company or the Schedule 13E-3, then it shall use its commercially reasonable efforts to respond promptly to such commentscounsel.
(c) The Schedule 14D-9 shall also reflect that the Merger is governed by Section 251(h) of the DGCL and contain and constitute the notice to holders of Company Common Stock of the availability of appraisal rights in In connection with the Merger required Offer, the Company shall promptly furnish or cause to be delivered to such holders by Section 262(d) of the DGCL. The Company shall set the record date for the holders of Company Common Stock to receive such notice of appraisal rights as the same date as the Stockholder List Date and shall disseminate the Schedule 14D-9 including such notice of appraisal rights to such holders to the extent required by Section 262(d) of the DGCL provided, that, such record date will not be more than ten (10) calendar days prior to the date that the Schedule 14D-9 is first mailed. The Company hereby consents to the inclusion of the Company Board Recommendation in the Offer Documents and, absent an Adverse Recommendation Change, to the inclusion of a copy of the Schedule 14D-9 with the Offer Documents mailed or furnished to the holders of Company Common Stock.
(d) The Company shallAcquirer mailing labels, security position listings and any available listing or shall cause its transfer agent to, furnish Parent and Merger Sub and their agents promptly (and in any event within five (5) Business Days) after the date of this Agreement and from time to time thereafter as requested by Parent or Merger Sub with mailing labels computer file containing the names and addresses of the record holders of Company Common Stock the Shares as of the latest practicable date and of those persons becoming record holders subsequent to such a recent date, together with copies of all and shall promptly furnish, or cause to be furnished, to Acquirer such additional information, including updated lists of stockholders, mailing labels and security position listings and computer files any non-objecting beneficial ownership listslistings, and all other information in the Company’s possession or control regarding the beneficial owners of Company Common Stock, in each case as of the latest date practicable, and shall promptly furnish to Parent and Merger Sub such other information and assistance (including periodically updated lists of stockholders, security position listings and computer files) as Parent Acquirer or Merger Sub its agents may reasonably request in connection with the Offer. The date of the list of stockholders used to determine the Persons to whom communicating the Offer Documents and the Schedule 14D-9 are first disseminated is referred to as the “Stockholder List Date.” Subject to the requirements of applicable Law, and except for such steps as are necessary to disseminate the Offer Documents and any other documents necessary to consummate the Merger Transactions, Parent and Merger Sub and their representatives shall use the information contained in any such labels, listings and files only in connection with the Merger Transactions, shall treat such information and materials in accordance with the terms and conditions of the Confidentiality Agreement, and, if this Agreement is terminated, shall destroy all copies of such information then in their possession or under their control promptly upon the written request stockholders of the Company.
Appears in 1 contract
Samples: Acquisition Agreement (Home Products International Inc)
Company Actions. (a) The Company hereby approves of and consents to the Offer, the Merger and the other Merger Transactions and consents to the inclusion in the Offer Documents of the Company Board Recommendation.
(b) On the date of the Offer Documents are filed filing of the Schedule TO with the SECSEC (which filing shall not take place prior to the fifteenth (15th) Business Day after the date of this Agreement without the Company’s prior written consent), the Company shall, concurrently in a manner that complies with Rule 14d-9 under the filing of the Schedule TOExchange Act, file with the SEC a Tender Offer Solicitation/Recommendation Statement on Schedule 14D-9 with respect to the Offer (together with all amendments amendments, supplements and supplements thereto and including exhibits thereto, including, if applicable, a Rule 13E-3 transaction statement on Schedule 13E-3 (together with any amendments thereof or supplements thereto, the “Schedule 13E-3”), the “Schedule 14D-9”) containingthat shall, subject to the provisions of Section 5.35.3(e), contain the Company Board Recommendation Recommendation. The Company shall include in the Schedule 14D-9 a notice of appraisal rights in accordance with Section 262 of the DGCL. The Company shall also include in the Schedule 14D-9, and shall represents that it has obtained all necessary consents of the Company Financial Advisors to permit the Company to include in the Schedule 14D-9, in its entirety, the Fairness Opinions, together with a summary thereof in accordance with Item 1015(b) of Regulation M-A under the Exchange Act (regardless of whether such item is applicable). The Company hereby approves and consents to the Offer and hereby approves and consents to the inclusion in the Offer Documents of a description of the Company Board Recommendation. The Company further agrees to cause the Schedule 14D-9 and the Schedule 13E-3 to be disseminated to the holders of Company Common Stock Shares, as and to the extent required by United States federal securities Laws, including Rule 14d-9 and Rule 13E-3 under the Exchange Act. Each of Parent and Merger Sub shall promptly furnish or otherwise make available to To the extent requested by the Purchaser, the Company or the Company’s legal counsel upon request all information concerning Parent and Merger Sub that is required by the Exchange Act or other applicable Law to be set forth in shall cause the Schedule 14D-9 to be mailed or otherwise disseminated to the Schedule 13E-3 and all other information concerning Parent and Merger Sub that may be reasonably requested by holders of Shares together with the Company for inclusion in Offer Documents disseminated to the Schedule 14D-9 or the Schedule 13E-3holders of Shares. Each of the The Company, Parenton the one hand, and Merger Sub shall the Purchaser, on the other hand, agree to promptly correct any information supplied provided by it or on its behalf for inclusion or incorporation by reference use in the Schedule 14D-9 or the Schedule 13E-3 14D-9, if and to the extent that such information it shall have become false or misleading in any material respectrespect or as otherwise required by applicable Law, and the Company shall take all steps necessary and use all reasonable efforts to promptly amend or supplement the Schedule 14D-9 or the Schedule 13E-3 and agrees to cause the Schedule 14D-9 or the Schedule 13E-3 14D-9, as so amended or supplemented corrected, to be filed with the SEC and disseminated to the holders of Company Common StockShares, in each case as soon as and to the extent required by applicable Lawthe Exchange Act. The Company shall promptly notify Parent upon the receipt of any comments from the SEC, or any request from the SEC for amendments or supplements, to the Schedule 14D-9 or the Schedule 13E-3, and shall promptly provide Parent with copies of all written correspondence and summaries of all material oral communications between the Company Purchaser and its representatives, on the one hand, and the SEC, on the other hand. Prior to the filing of the Schedule 14D-9 or the Schedule 13E-3 and any amendment or supplement thereto (that does not contain or relate to an Adverse Recommendation Change) with the SEC or dissemination thereof to the holders of Company Common Stock, or responding to any comments of the SEC with respect to the Schedule 14D-9 or the Schedule 13E-3, the Company counsel shall provide Parent, Merger Sub and their counsel be given a reasonable opportunity to review and comment on the Schedule 14D-9 or before it is filed with the Schedule 13E-3 or amendment or supplement or responseSEC, and the Company shall give reasonable due consideration to the reasonable additions, deletions or changes suggested thereto by the Purchaser and its counsel. In addition, the Company shall provide the Purchaser and its counsel with copies of any such written comments. Unless the Offer has been terminated in accordance with the terms , and shall inform them of this Agreementany oral comments, in the event that the Company receives any comments or its counsel may receive from time to time from the SEC or its staff with respect to the Schedule 14D-9 or the Schedule 13E-3, then it shall use its commercially reasonable efforts to respond promptly to after receipt of such comments, and any written or oral responses thereto. The Purchaser and its counsel shall be given a reasonable opportunity to review any such written responses and the Company shall give due consideration to the reasonable additions, deletions or changes suggested thereto by the Purchaser and its counsel.
(cb) The Schedule 14D-9 shall also reflect that the Merger is governed by Section 251(h) of the DGCL and contain and constitute the notice to holders of Company Common Stock of the availability of appraisal rights in connection with the Merger required to be delivered to such holders by Section 262(d) of the DGCL. The Company shall set the record date for the holders of Company Common Stock to receive such notice of appraisal rights as the same date as the Stockholder List Date and shall disseminate the Schedule 14D-9 including such notice of appraisal rights to such holders to the extent required by Section 262(d) of the DGCL provided, that, such record date will not be more than ten (10) calendar days prior to the date that the Schedule 14D-9 is first mailed. The Company hereby consents to the inclusion of the Company Board Recommendation in the Offer Documents and, absent an Adverse Recommendation Change, to the inclusion of a copy of the Schedule 14D-9 with the Offer Documents mailed or furnished to the holders of Company Common Stock.
(d) The Company shall, or shall cause its transfer agent to, furnish Parent and Merger Sub and their agents promptly (and in any event within five (5) Business Days) Promptly after the date of this Agreement hereof and otherwise from time to time thereafter as requested by Parent the Purchaser or Merger Sub with its agents, the Company shall furnish or cause to be furnished to the Purchaser mailing labels labels, security position listings, non-objecting beneficial owner lists and any other listings or computer files containing the names and addresses of the record or beneficial holders of Company Common Stock the Shares as of the latest most recent practicable date and of those persons becoming record holders subsequent to such date, together and shall promptly furnish the Purchaser with copies of all such information (including updated lists of stockholdersholders of the Shares and their addresses, mailing labels, security position listings and computer files any non-objecting beneficial ownership owner lists, and all other information in ) (the Company’s possession or control regarding the beneficial owners of Company Common Stock, in each case as of the latest date practicable, and shall promptly furnish to Parent and Merger Sub such other information and assistance (including periodically updated lists of stockholders, security position listings and computer files) as Parent or Merger Sub may reasonably request in connection with the Offer. The date of the list of stockholders used to determine the Persons to whom the Offer Documents and the Schedule 14D-9 are first disseminated is referred to as disseminated, the “Stockholder List Date.” Subject to ”) and such other assistance as the requirements Purchaser or its agents may reasonably request in communicating with the record and beneficial holders of applicable LawShares. The Company Board shall set the Stockholder List Date as the record date for the purpose of receiving the notice required by Section 262(d)(2) of the DGCL. In addition, in connection with the Offer, the Company shall, and except for such steps as are necessary shall use its commercially reasonable efforts to cause any Third Parties to, cooperate with the Purchaser to disseminate the Offer Documents to holders of Shares held in or subject to any Company Employee Plan, and any other documents necessary to consummate permit such holders of Shares to tender Shares in the Merger TransactionsOffer. Should the Offer terminate or if this Agreement shall be terminated, Parent and Merger Sub Purchaser shall, upon request, deliver to the Company or destroy (and their representatives shall use the information contained confirm such destruction in any such labels, listings and files only in connection with the Merger Transactions, shall treat such information and materials in accordance with the terms and conditions of the Confidentiality Agreement, and, if this Agreement is terminated, shall destroy writing) all copies of such information provided by Company under this Section 1.2(b) then in their possession or possession, and Company shall have no further obligations under their control promptly upon the written request of the Companythis Section 1.2(b).
Appears in 1 contract
Samples: Merger Agreement (GigPeak, Inc.)
Company Actions. (a) The Company hereby approves of and consents to the Offer, the Merger and the other Merger Transactions and transactions contemplated by this Agreement (collectively, the “Transactions”). The Company hereby consents to the inclusion of a statement in the Offer Documents that to the Knowledge of the Company Board Recommendationall directors and executive officers of the Company intend to tender all of their respective Shares, if they hold any, in the Offer.
(b) On the date the Offer Documents are filed Contemporaneously with the SECcommencement of the Offer, the Company shall, concurrently with the filing of the Schedule TO, shall file with the SEC a Solicitation/Recommendation Statement on Schedule 14D-9 with respect to the Offer (together with all amendments such Schedule 14D-9, as amended and supplements thereto and including exhibits thereto, including, if applicable, a Rule 13E-3 transaction statement on Schedule 13E-3 (together with any amendments thereof or supplements thereto, the “Schedule 13E-3”)supplemented from time to time, the “Schedule 14D-9”) containing, subject to Section 5.3, the Company Board Recommendation and shall cause disseminate the Schedule 14D-9 and the Schedule 13E-3 to be disseminated to the holders of Company Common Stock as and 14D-9, to the extent required by United States federal securities Laws, including Rule 14d-9 and Rule 13E-3 14D-9 promulgated under the Exchange Act. Each of Parent Act and Merger Sub shall promptly furnish or otherwise make available any other applicable Laws, to the holders of Shares. Except and to the extent otherwise permitted pursuant to Section 6.8 below, the Offer Documents and the Schedule 14D-9 shall contain the Board Recommendation, and the Company hereby consents to the inclusion in the Offer Documents of such recommendation. The Schedule 14D-9 shall comply in all material respects with the requirements of applicable U.S. federal securities laws and on the date first filed with the SEC and on the date first published, sent or given to the Company’s legal counsel upon request all stockholders, shall not contain any untrue statement of a material fact or omit to state any material fact required to be stated therein or necessary in order to make the statements therein, in light of the circumstances under which they were made, not misleading, except that the Company makes no covenant, agreement, representation or warranty with respect to information concerning supplied by Parent and or Merger Sub that is required by the Exchange Act or other applicable Law to be set forth in the Schedule 14D-9 or the Schedule 13E-3 and all other information concerning Parent and Merger Sub that may be reasonably requested by the Company writing specifically for inclusion in the Schedule 14D-9 or the Schedule 13E-314D-9. Each of the Company, Parent, Parent and Merger Sub shall promptly correct any information supplied provided by it or on its behalf for inclusion or incorporation by reference use in the Schedule 14D-9 or the Schedule 13E-3 if and to the extent necessary such that such information shall have become false the Schedule 14D-9 does not contain any untrue statement of a material fact or misleading in omit to state any material respectfact required to be stated therein or necessary in order to make the statements therein, and in light of the circumstances under which they are made, not misleading. The Company shall take all steps necessary and use all reasonable efforts to promptly amend or supplement the Schedule 14D-9 or the Schedule 13E-3 and to cause the Schedule 14D-9 or the Schedule 13E-3 as so amended or supplemented to be filed with the SEC and disseminated to the holders of Company Common StockShares, in each case as soon as and to the extent required by applicable Law. The Company shall promptly notify the Exchange Act.
(c) Parent upon the receipt of any comments from the SEC, or any request from the SEC for amendments or supplements, to the Schedule 14D-9 or the Schedule 13E-3, and shall promptly provide Parent with copies of all written correspondence and summaries of all material oral communications between the Company and its representatives, on the one hand, and the SEC, on the other hand. Prior to the filing of the Schedule 14D-9 or the Schedule 13E-3 and any amendment or supplement thereto (that does not contain or relate to an Adverse Recommendation Change) with the SEC or dissemination thereof to the holders of Company Common Stock, or responding to any comments of the SEC with respect to the Schedule 14D-9 or the Schedule 13E-3, the Company counsel shall provide Parent, Merger Sub and their counsel be afforded a reasonable opportunity to review and comment on upon the Schedule 14D-9 before it is filed with the SEC and disseminated to holders of Shares. The Company shall provide Parent and its counsel copies of any written comments or the Schedule 13E-3 or amendment or supplement or response, and telephonic notification of any oral comments the Company shall give reasonable consideration to any such comments. Unless the Offer has been terminated in accordance with the terms of this Agreement, in the event that the Company receives any comments or its counsel may receive from the SEC or its staff with respect to the Schedule 14D-9 or promptly after the Schedule 13E-3, then it shall use its commercially reasonable efforts to respond promptly to receipt of such comments.
(c) The Schedule 14D-9 , shall also reflect that the Merger is governed by Section 251(h) of the DGCL consult with Parent and contain and constitute the notice its counsel prior to holders of Company Common Stock of the availability of appraisal rights in connection with the Merger required responding to be delivered to any such holders by Section 262(d) of the DGCL. The Company shall set the record date for the holders of Company Common Stock to receive such notice of appraisal rights as the same date as the Stockholder List Date comments and shall disseminate the Schedule 14D-9 including such notice provide Parent with copies of appraisal rights to such holders to the extent required by Section 262(d) all written responses and telephonic notification of the DGCL provided, that, such record date will not be more than ten (10) calendar days prior to the date that the Schedule 14D-9 is first mailed. The Company hereby consents to the inclusion any oral responses thereto of the Company Board Recommendation in the Offer Documents and, absent an Adverse Recommendation Change, to the inclusion of a copy of the Schedule 14D-9 with the Offer Documents mailed or furnished to the holders of Company Common Stockand its counsel.
(d) The In connection with the Offer, the Company shall, or shall cause instruct its transfer agent to, to furnish Parent and Merger Sub and their agents promptly (and in any event within five (5) Business Days) after the date of this Agreement and from time to time thereafter as requested by Parent or Merger Sub with mailing labels containing the names and addresses of the record holders of Company Common Stock Shares as of the latest practicable a recent date and of those persons becoming record holders subsequent to such date, together with copies of all lists of stockholders, security position listings and computer files any non-objecting beneficial ownership lists, and all other information in the Company’s possession or control regarding the beneficial owners of Company Common Stock, in each case as of the latest date practicableShares, and shall promptly furnish to Parent and Merger Sub such other information and assistance (including periodically updated lists of stockholders, security position listings and computer files) as Parent or Merger Sub may reasonably request in connection with for the Offer. The date purpose of the list of stockholders used to determine the Persons to whom communicating the Offer Documents and to the Schedule 14D-9 are first disseminated is referred to as the “Stockholder List Date.” holders of Shares. Subject to the requirements of applicable Law, Law and except for such steps as are necessary to disseminate the Offer Documents and any other documents necessary to consummate the Offer, the Merger and the other Transactions, Parent and Merger Sub and their representatives shall use shall, until consummation of the Offer, hold in confidence the information contained in any of such labelslabels and lists in accordance with the Confidentiality Agreement, listings and files shall use such information only in connection with the Offer, the Merger Transactions, shall treat such information and materials in accordance with the terms and conditions of the Confidentiality Agreement, other Transactions and, if this Agreement is terminatedshall be terminated in accordance with Section 8.1, shall destroy deliver to the Company all copies of such information then in their possession or under their control promptly upon the written request of the Companycontrol.
Appears in 1 contract
Company Actions. (a) Schedule 14D-9. The Company hereby approves of and consents to the Offer, the Merger and the other Merger Transactions and consents to the inclusion in the Offer Documents of the Company Board Recommendation.
shall (bi) On the date the Offer Documents are filed file with the SEC, on the Company shall, concurrently with same day as the filing by Parent and Merger Sub of the Schedule TO, file TO and the Offer Documents with the SEC (which such date shall in no event be earlier than eleven (11) Business Days after the date of the initial public announcement of this Agreement without the prior written consent of the Company), a Solicitation/Recommendation Statement on Schedule 14D-9 with respect to the Offer (together with all amendments and supplements thereto thereto, and including all exhibits thereto, including, if applicable, a Rule 13E-3 transaction statement on Schedule 13E-3 (together with any amendments thereof or supplements thereto, the “Schedule 13E-3”), the “Schedule 14D-9”) containing, subject to Section 5.36.1, the Company Board Recommendation Recommendation, the fairness opinions of the Company Financial Advisors referenced in Section 3.22 and shall cause a notice of appraisal rights in accordance with Section 262 of the DGCL, and (ii) take all steps necessary to disseminate the Schedule 14D-9 and the Schedule 13E-3 to be disseminated to the holders of Company Common Stock Stockholders as and to the extent required by United States Rule 14d-9 promulgated under the Exchange Act and any other applicable U.S. federal securities Laws. Prior to such filing and dissemination, including Rule 14d-9 and Rule 13E-3 under the Exchange ActCompany Board shall set the Stockholder List Date as the record date for the purpose of receiving the notice required by Section 262(d)(2) of the DGCL. To the extent requested by the Company, Parent shall cause the Schedule 14D-9 to be mailed or otherwise disseminated to the Company Stockholders together with the Offer Documents. Each of Parent and Merger Sub shall promptly furnish or otherwise make available in writing to the Company or the Company’s legal counsel upon request all information concerning Parent and Merger Sub that is required by the Exchange Act or other applicable Law to be set forth in the Schedule 14D-9 or the Schedule 13E-3 and all other information concerning Parent and Merger Sub that may be reasonably requested by the Company for inclusion to be included in the Schedule 14D-9 or so as to enable the Schedule 13E-3Company to comply with its obligations under this Section 1.2(a). Each of the Company, Parent, Parent and Merger Sub shall promptly correct any information supplied provided by it or on any of its behalf respective directors, officers, employees, Affiliates, agents or other representatives for inclusion or incorporation by reference use in the Schedule 14D-9 or the Schedule 13E-3 if and to the extent that such information shall have become false or misleading in any material respect, and the . The Company shall take all steps necessary and use all reasonable efforts to promptly amend or supplement the Schedule 14D-9 or the Schedule 13E-3 and to cause the Schedule 14D-9 or the Schedule 13E-3 14D-9, as so amended or supplemented corrected, to be filed with the SEC and disseminated to the holders of Company Common StockStockholders, in each case as soon as and to the extent required by applicable Law. The Company shall promptly notify Parent upon the receipt of any comments from the SECLaws, or any request from the SEC for amendments or supplements, to the Schedule 14D-9 or the Schedule 13E-3, and shall promptly provide Parent with copies of all written correspondence and summaries of all material oral communications between the Company and its representatives, on the one hand, and the SEC, on the other hand. Prior to the filing of the Schedule 14D-9 or the Schedule 13E-3 and any amendment or supplement thereto (that does not contain or relate to an Adverse Recommendation Change) with by the SEC or dissemination thereof to its staff or NASDAQ. Unless the holders of Company Common Stock, or responding to Board has effected a Company Board Recommendation Change and except in connection with any comments of the SEC disclosures made in compliance with respect to the Schedule 14D-9 or the Schedule 13E-3Section 6.1(d), the Company shall provide Parent, Merger Sub and their counsel a reasonable opportunity to review and comment on the Schedule 14D-9 or prior to the Schedule 13E-3 or amendment or supplement or responsefiling thereof with the SEC, and the Company shall give reasonable and good faith consideration to any such commentscomments made by Parent, Merger Sub and their counsel (it being understood that Parent, Merger Sub and their counsel shall provide any comments thereon as soon as reasonably practicable). Unless the Offer has been terminated The Company shall provide in accordance with the terms of this Agreementwriting to Parent, in the event Merger Sub and their counsel any and all written comments or other communications (and shall orally describe any oral comments or other oral communication) that the Company receives any comments or its counsel may receive from the SEC or its staff with respect to the Schedule 14D-9 promptly after such receipt, and unless the Company Board has effected a Company Board Recommendation Change or the Schedule 13E-3, then it shall use its commercially reasonable efforts to respond promptly to such comments.
(c) The Schedule 14D-9 shall also reflect that the Merger is governed by Section 251(h) of the DGCL and contain and constitute the notice to holders of Company Common Stock of the availability of appraisal rights in connection with any disclosures made in compliance with Section 6.1(d), the Merger required to be delivered to such holders by Section 262(d) of the DGCL. The Company shall set the record date for the holders of Company Common Stock to receive such notice of appraisal rights as the same date as the Stockholder List Date and shall disseminate the Schedule 14D-9 including such notice of appraisal rights to such holders to the extent required by Section 262(d) of the DGCL providedprovide Parent, that, such record date will not be more than ten (10) calendar days prior to the date that the Schedule 14D-9 is first mailed. The Company hereby consents to the inclusion of the Company Board Recommendation in the Offer Documents and, absent an Adverse Recommendation Change, to the inclusion of a copy of the Schedule 14D-9 with the Offer Documents mailed or furnished to the holders of Company Common Stock.
(d) The Company shall, or shall cause its transfer agent to, furnish Parent and Merger Sub and their agents promptly (and counsel a reasonable opportunity to participate in the formulation of any event within five (5) Business Days) after the date of this Agreement and from time response to time thereafter as requested by Parent or Merger Sub with mailing labels containing the names and addresses any such comments of the record holders of Company Common Stock as of the latest practicable date and of those persons becoming record holders subsequent to such date, together with copies of all lists of stockholders, security position listings and computer files any non-objecting beneficial ownership lists, and all other information in the Company’s possession SEC or control regarding the beneficial owners of Company Common Stock, in each case as of the latest date practicable, and shall promptly furnish to Parent and Merger Sub such other information and assistance its staff (including periodically updated lists of stockholdersby providing a reasonable opportunity for Parent, security position listings and computer files) as Parent or Merger Sub may reasonably request in connection with the Offer. The date of the list of stockholders used to determine the Persons to whom the Offer Documents and the Schedule 14D-9 are first disseminated is referred to as the “Stockholder List Date.” Subject to the requirements of applicable Law, and except for such steps as are necessary to disseminate the Offer Documents and any other documents necessary to consummate the Merger Transactions, Parent and Merger Sub and their representatives shall use the information contained in counsel to review and comment on any such labelsresponse, listings which comments the Company shall consider reasonably and files only in connection with the Merger Transactions, shall treat such information and materials in accordance with the terms and conditions of the Confidentiality Agreement, and, if this Agreement is terminated, shall destroy all copies of such information then in their possession or under their control promptly upon the written request of the Companygood faith).
Appears in 1 contract
Samples: Merger Agreement (Relypsa Inc)
Company Actions. (a) The Company hereby approves of and consents to the Offer, the Merger and the other Merger Transactions and consents to the inclusion in the Offer Documents of the Company Board Recommendation.
(b) On the date the Offer Documents are Schedule TO is filed with the SEC, the Company shall, concurrently with the filing of the Schedule TO, shall file with the SEC a Solicitation/Recommendation Statement on Schedule 14D-9 with respect to the Offer (together with all amendments amendments, supplements and supplements thereto and including exhibits thereto, including, if applicable, a Rule 13E-3 transaction statement on Schedule 13E-3 (together with any amendments thereof or supplements thereto, the “Schedule 13E-3”), the “"Schedule 14D-9”") containingthat shall, subject to the provisions of Section 5.38.3, contain the Company Board Recommendation Recommendation. The Company shall include in the Schedule 14D-9 a copy of the fairness opinion described in Section 5.23, together with a summary thereof and of the underlying financial analysis. The Company shall take all steps reasonably necessary to cause the Schedule 14D-9 and the Schedule 13E-3 to be prepared and filed with the SEC and disseminated to the holders shareholders of Company Common Stock the Company, in each case as and to the extent required by United States federal securities Laws, including Rule 14d-9 and Rule 13E-3 under the Exchange Act. Each of Parent and Merger Sub shall promptly furnish or otherwise make available to the Company or the Company’s legal counsel upon request in writing all information concerning Parent and Merger Sub that is required by the Exchange Act or other applicable Law to be set forth in the Schedule 14D-9 or the Schedule 13E-3 and all other information concerning Parent and Merger Sub that may be required by applicable Laws or reasonably requested by the Company for inclusion in the Schedule 14D-9 or the Schedule 13E-314D-9. Each of the The Company, Parenton the one hand, and Parent and Merger Sub shall Sub, on the other hand, agree to promptly correct any information supplied provided by it or on its behalf for inclusion or incorporation by reference use in the Schedule 14D-9 or the Schedule 13E-3 if and to the extent that such information shall have become false or misleading in any material respect, and the respect or as otherwise required by applicable Law. The Company shall further agrees to take all steps reasonably necessary and use all reasonable efforts to promptly amend or supplement the Schedule 14D-9 or the Schedule 13E-3 and to cause the Schedule 14D-9 or the Schedule 13E-3 14D-9, as so amended or supplemented corrected (if applicable), to be filed with the SEC and disseminated to the holders shareholders of Company Common Stockthe Company, in each case as soon as and to the extent required by applicable Lawthe Exchange Act. The Company shall promptly notify Parent and Merger Sub upon the receipt of any comments from the SEC, or any request from the SEC for amendments or supplements, to the Schedule 14D-9 or the Schedule 13E-314D-9, and shall promptly provide Parent and Merger Sub with copies of all written correspondence and summaries of all material oral communications between the Company and its representativesRepresentatives, on the one hand, and the SEC, on the other hand. Prior to the filing of the Schedule 14D-9 (including any amendments or the Schedule 13E-3 and any amendment or supplement thereto (that does not contain or relate to an Adverse Recommendation Changesupplements thereto) with the SEC or dissemination thereof to the holders shareholders of Company Common Stockthe Company, or responding to any comments of the SEC with respect to the Schedule 14D-9 or the Schedule 13E-314D-9, the Company shall provide Parent, Merger Sub and their counsel a reasonable opportunity to review and comment on the such Schedule 14D-9 or the Schedule 13E-3 or amendment or supplement or response, and the Company shall give reasonable and good faith consideration to any such comments. Unless the Offer has been terminated in accordance with the terms of this Agreement, in the event that the Company receives any comments from the SEC or its staff with respect to the Schedule 14D-9 or the Schedule 13E-3, then it shall use its commercially reasonable efforts to respond promptly to such comments.
(c) The Schedule 14D-9 shall also reflect that the Merger is governed by Section 251(h) of the DGCL and contain and constitute the notice to holders of Company Common Stock of the availability of appraisal rights in connection with the Merger required to be delivered to such holders by Section 262(d) of the DGCL. The Company shall set the record date for the holders of Company Common Stock to receive such notice of appraisal rights as the same date as the Stockholder List Date and shall disseminate the Schedule 14D-9 including such notice of appraisal rights to such holders to the extent required by Section 262(d) of the DGCL provided, that, such record date will not be more than ten (10) calendar days prior to the date that the Schedule 14D-9 is first mailed. The Company hereby consents to the inclusion of the Company Board Recommendation in the Offer Documents and, absent an Adverse Recommendation Change, to the inclusion of a copy of the Company Recommendation contained in the Schedule 14D-9 with the Offer Documents mailed or furnished to the holders of Company Common Stock14D-9.
(db) The In connection with the Offer, the Company shall, shall promptly furnish or shall cause its transfer agent to, furnish to be furnished to Parent and Merger Sub and or their agents promptly (mailing labels, security position listings, nonobjecting beneficial owner lists and in any event within five (5) Business Days) after the date of this Agreement and from time to time thereafter as requested by Parent other available listings or Merger Sub with mailing labels computer files containing the names and addresses of the record holders or beneficial owners of Company Common Stock the Shares as of the latest most recent practicable date and of those persons becoming record holders subsequent to such date, together with copies of all lists of stockholders, security position listings and computer files any non-objecting beneficial ownership lists, and all other information in the Company’s possession or control regarding the beneficial owners of Company Common Stock, in each case as of the latest date practicable, and shall promptly furnish to Parent and Merger Sub with such other information and assistance (including periodically updated lists of stockholdersrecord holders or beneficial owners of the Shares, from time to time upon Parent's, Merger Sub's or either of their respective agents' reasonable request, and the addresses, mailing labels and lists of security position listings and computer filespositions of such record holders or beneficial owners) as Parent or Parent, Merger Sub or their agents may reasonably request in connection with for the Offer. The date purpose of communicating the list of stockholders used to determine the Persons to whom Offer and providing the Offer Documents to the record holders and beneficial owners of the Schedule 14D-9 are first disseminated is referred to as the “Stockholder List Date.” Shares. Subject to the requirements of applicable Law, and except for such steps as are necessary to disseminate the Offer Documents and any other documents necessary to consummate the Merger Offer, the Merger, the Top-Up Option and the other transactions contemplated by this Agreement (collectively, the "Transactions"), Parent and Merger Sub and their representatives shall use hold in confidence the information contained in any such labels, listings and files in accordance with the Confidentiality Agreement and shall use such information only in connection with the Offer and the Merger Transactions, shall treat such information and materials in accordance with the terms and conditions of the Confidentiality Agreement, and, if this Agreement is shall be terminated, shall promptly deliver (and shall use their respective reasonable best efforts to cause their agents and Representatives to deliver) to the Company or shall destroy all copies and any extract or summaries of such information then in their possession or under their control promptly upon as required by the written request Confidentiality Agreement. In addition, in connection with the Offer, the Company shall cause its Representatives to cooperate with Parent and Merger Sub to disseminate the Offer Documents to holders of Shares held in or subject to any Company Benefit Plan, and to permit such holders of Shares to tender such Shares in the CompanyOffer, to the extent permitted by applicable Law and the applicable Company Benefit Plan.
Appears in 1 contract
Company Actions. (a) The Schedule 14D-9 and Company hereby approves of and consents to the Offer, the Merger and the other Merger Transactions and consents to the inclusion in Schedule 13E-3. As promptly as practicable on the Offer Documents of the Company Board Recommendation.
(b) On the date the Offer Documents are filed with the SECCommencement Date, the Company shall, concurrently with following the filing of the Schedule TOOffer Documents, the Company shall (i) file with the SEC a Tender Offer Solicitation/Recommendation Statement on Schedule 14D-9 with respect to the Offer (together with all amendments and supplements thereto and including exhibits thereto, including, if applicable, a Rule 13E-3 transaction statement on Schedule 13E-3 (together with any exhibits, amendments thereof or supplements thereto, the “Schedule 13E-314D-9”)) and a Schedule 13E-3 (such Schedule 13E-3 filed by the Company, the “Company Schedule 14D-913E-3”) containingthat, subject to Section 5.36.1(b), shall reflect the Company Board Recommendation and the Special Committee Recommendation and include the notice and other information required by Section 3-106.1 of the MGCL and (ii) cause the Schedule 14D-9 and the Company Schedule 13E-3 and related documents to be disseminated to holders of Shares as and to the extent required by applicable Law, including by setting the Stockholder List Date as the record date or the date notice is otherwise provided for purposes of providing the notice required by Section 3-106.1 of the MGCL. The Company agrees that it shall cause the Schedule 14D-9 and the Company Schedule 13E-3 (x) to be disseminated to the holders of Company Common Stock as and to the extent required by United States federal securities Laws, including Rule 14d-9 and Rule 13E-3 under the Exchange Act. Each of Parent and Merger Sub shall promptly furnish or otherwise make available to the Company or the Company’s legal counsel upon request comply in all information concerning Parent and Merger Sub that is required by material respects with the Exchange Act or and other applicable Law and (y) to not contain any untrue statement of a material fact or omit to state any material fact required to be set forth stated therein or necessary in order to make the Schedule 14D-9 or statements therein, in light of the Schedule 13E-3 and all other information concerning Parent and Merger Sub circumstances under which they were made, not misleading; provided, however, that may be reasonably requested no covenant is made by the Company for inclusion in the Schedule 14D-9 or the Schedule 13E-3. Each of the Company, Parent, and Merger Sub shall promptly correct any with respect to information supplied by it or on its behalf of Parent or Purchaser for inclusion or incorporation by reference in the Schedule 14D-9 or the Company Schedule 13E-3. Each of Parent, Purchaser and the Company agrees to respond promptly to any comments (including oral comments) of the SEC or its staff and to promptly correct any information provided by it for use in the Schedule 14D-9 or the Company Schedule 13E-3 if and to the extent that such information shall have become false or misleading in any material respect, and the Company shall further agrees to take all steps necessary and use all reasonable efforts to promptly amend or supplement the Schedule 14D-9 or the Schedule 13E-3 and to cause the Schedule 14D-9 or the Schedule 13E-3 as so amended or supplemented corrected to be filed with the SEC and to be disseminated to the holders of Company Common StockShares, in each case as soon as and to the extent required by applicable Law. The Company Parent and Purchaser shall promptly notify Parent upon the receipt of any comments from the SEC, furnish or any request from the SEC for amendments or supplements, otherwise make available to the Schedule 14D-9 Company or the Schedule 13E-3Company’s legal counsel all information concerning Parent or Purchaser that may be required in connection with any action contemplated by this Section 1.2(a). Except to the extent an amendment relates to a Company Alternative Proposal, a Company Adverse Change Recommendation or a “stop, look and shall promptly provide listen” or similar communication of the type contemplated in Rule 14d-9(f) under the Exchange Act, Parent with copies of all written correspondence and summaries of all material oral communications between the Company and its representatives, on the one hand, and the SEC, on the other hand. Prior to the filing of the Schedule 14D-9 or the Schedule 13E-3 and any amendment or supplement thereto (that does not contain or relate to an Adverse Recommendation Change) with the SEC or dissemination thereof to the holders of Company Common Stock, or responding to any comments of the SEC with respect to the Schedule 14D-9 or the Schedule 13E-3, the Company counsel shall provide Parent, Merger Sub and their counsel a be given reasonable opportunity to review and comment on the Schedule 14D-9 or and the Company Schedule 13E-3 (including any response to any comments (including oral comments) of the SEC or its staff with respect thereto, except to the extent such comments relate to the portion of an amendment related to a Company Alternative Proposal, a Company Adverse Change Recommendation or supplement a “stop, look and listen” or responsesimilar communication of the type contemplated in Rule 14d-9(f) under the Exchange Act) prior to the filing thereof with the SEC, and the Company shall give reasonable and good faith consideration to any such comments made by Parent or its counsel. The Company agrees to provide Parent and its counsel with any comments (including oral comments. Unless the Offer has been terminated in accordance with the terms of this Agreement, in the event that ) the Company receives any comments or its counsel may receive from the SEC or its staff with respect to the Schedule 14D-9 or the Company Schedule 13E-3, then it shall use its commercially reasonable efforts to respond 13E-3 promptly to after receipt of such comments.
(c) The Schedule 14D-9 shall also reflect that the Merger is governed by Section 251(h) of the DGCL and contain and constitute the notice to holders of Company Common Stock of the availability of appraisal rights in connection with the Merger required to be delivered to such holders by Section 262(d) of the DGCL. The Company shall set the record date for the holders of Company Common Stock to receive such notice of appraisal rights as the same date as the Stockholder List Date and shall disseminate the Schedule 14D-9 including such notice of appraisal rights to such holders to the extent required by Section 262(d) of the DGCL provided, that, such record date will not be more than ten (10) calendar days prior to the date that the Schedule 14D-9 is first mailed. The Company hereby consents to the inclusion of the Company Board Recommendation in the Offer Documents and, absent an Adverse Recommendation Change, to the inclusion of a copy of the Schedule 14D-9 with the Offer Documents mailed or furnished to the holders of Company Common Stock.
(d) The Company shall, or shall cause its transfer agent to, furnish Parent and Merger Sub and their agents promptly (and in any event within five (5) Business Days) after the date of this Agreement and from time to time thereafter as requested by Parent or Merger Sub with mailing labels containing the names and addresses of the record holders of Company Common Stock as of the latest practicable date and of those persons becoming record holders subsequent to such date, together with copies of all lists of stockholders, security position listings and computer files any non-objecting beneficial ownership lists, and all other information in the Company’s possession or control regarding the beneficial owners of Company Common Stock, in each case as of the latest date practicable, and shall promptly furnish to Parent and Merger Sub such other information and assistance comments (including periodically updated lists of stockholders, security position listings and computer files) as Parent or Merger Sub may reasonably request in connection with the Offer. The date of the list of stockholders used to determine the Persons to whom the Offer Documents and the Schedule 14D-9 are first disseminated is referred to as the “Stockholder List Dateoral comments).” Subject to the requirements of applicable Law, and except for such steps as are necessary to disseminate the Offer Documents and any other documents necessary to consummate the Merger Transactions, Parent and Merger Sub and their representatives shall use the information contained in any such labels, listings and files only in connection with the Merger Transactions, shall treat such information and materials in accordance with the terms and conditions of the Confidentiality Agreement, and, if this Agreement is terminated, shall destroy all copies of such information then in their possession or under their control promptly upon the written request of the Company.
Appears in 1 contract
Samples: Merger Agreement (AlerisLife Inc.)
Company Actions. (a) The Company hereby approves of and consents to the Offer, the Merger and the other Merger Transactions and consents to the inclusion in the Offer Documents of the Company Board Recommendation.
(b) Schedule 14D-9. On the date that the Offer Documents are filed with the SEC, the Company shall, concurrently in a manner that complies with the filing of rules and regulations promulgated by the Schedule TOSEC under the Exchange Act, including Rule 14d-9 thereunder, file with the SEC a Tender Offer Solicitation/Recommendation Statement on Schedule 14D-9 with respect to the Offer (together with all amendments amendments, supplements and supplements thereto and including exhibits thereto, including, if applicable, a Rule 13E-3 transaction statement on Schedule 13E-3 (together with any amendments thereof or supplements thereto, the “Schedule 13E-3”), the “Schedule 14D-9”) containingthat shall, subject to the provisions of Section 5.3, contain the Company Board Recommendation and shall Recommendation. The Company further agrees to cause the Schedule 14D-9 and the Schedule 13E-3 to be disseminated to the holders of Company Common Stock Shares, as and to the extent required by United States federal securities Lawslaws, including Rule 14d-9 and Rule 13E-3 under the Exchange Act. Each The Company shall cause the Schedule 14D-9 to (i) comply with applicable requirements of Parent and Merger Sub shall promptly furnish or otherwise make available to the Company or the Company’s legal counsel upon request all information concerning Parent and Merger Sub that is required by the Exchange Act and (ii) as of the date first filed with the SEC and on the date first published, sent or other applicable Law given to the holders of Company Shares, not contain any untrue statement of a material fact or omit to state any material fact required to be set forth stated therein or necessary in order to make the Schedule 14D-9 or statements therein, in light of the Schedule 13E-3 and all other information concerning Parent and Merger Sub circumstances under which they were made, not misleading; provided, however, that may be reasonably requested no covenant is made by the Company with respect to information supplied by Parent or Purchaser for inclusion in the Schedule 14D-9 or 14D-9. Parent and Purchaser, on the Schedule 13E-3. Each of one hand, and the Company, Parenton the other hand, agree to promptly notify the other party and Merger Sub shall promptly correct any information supplied by it included in, or on its behalf for inclusion or incorporation incorporated by reference in into, the Schedule 14D-9 or the Schedule 13E-3 14D-9, if and to the extent that such information it shall have become false or misleading in any material respectrespect or as otherwise required by Law, and the Company shall take all steps necessary and use all reasonable efforts to promptly amend or supplement the Schedule 14D-9 or the Schedule 13E-3 and agrees to cause the Schedule 14D-9 or the Schedule 13E-3 14D-9, as so amended or supplemented corrected, to be filed with the SEC and disseminated to the holders of Company Common StockShares, in each case as soon case, as and to the extent required by applicable the Law. The Company shall promptly notify Parent upon the receipt of any comments from the SEC, or any request from by the SEC for amendments or supplements, to the Schedule 14D-9 its staff or the Schedule 13E-3, and shall promptly provide Parent with copies of all written correspondence and summaries of all material oral communications between the Company and its representatives, on the one hand, and the SEC, on the other handNASDAQ. Prior to the filing of the Schedule 14D-9 or the Schedule 13E-3 and any amendment or supplement thereto (that does not contain or relate to an Adverse Recommendation Change) with the SEC or dissemination thereof to the holders of Company Common Stock, or responding to any comments of the SEC with respect to the Change (and except for a filing on Schedule 14D-9 or the Schedule 13E-3to disclose an Adverse Recommendation Change made in compliance with Section 5.3), the Company shall provide Parent, Merger Sub Purchaser and their counsel shall be given a reasonable opportunity to review and comment on the Schedule 14D-9 or before it is filed with the Schedule 13E-3 or amendment or supplement or responseSEC, and the Company shall give reasonable consideration consider in good faith any comments from Parent, Purchaser or their counsel. In addition, prior to an Adverse Recommendation Change (and except for comments or communications relating to a filing on Schedule 14D-9 to disclose an Adverse Recommendation Change made in compliance with Section 5.3), the Company shall provide in writing to Parent, Purchaser and their counsel any such comments. Unless the Offer has been terminated in accordance with the terms of this Agreementwritten comments or other written communications (and shall orally describe any oral comments or other material oral communication), in the event that the Company receives any comments or its counsel may receive from time to time from the SEC or its staff or any other Governmental Authority with respect to the Schedule 14D-9 promptly after receipt, and any written or oral responses thereto. Prior to an Adverse Recommendation Change (and except for responses relating to a filing on Schedule 14D-9 to disclose an Adverse Recommendation Change made in compliance with Section 5.3), Parent, Purchaser and their counsel shall be given a reasonable opportunity to participate in the Schedule 13E-3formulation of any response to any such comments of the SEC or any other Governmental Authority or its staff, then it including a reasonable opportunity to review and comment on any such responses, which comments the Company shall consider in good faith. The Company shall use its commercially reasonable efforts to respond promptly to any such comments.
(c) The Schedule 14D-9 shall also reflect that the Merger is governed by Section 251(h) of the DGCL and contain and constitute the notice to holders of Company Common Stock of the availability of appraisal rights in connection with the Merger required to be delivered to such holders by Section 262(d) of the DGCL. The Company shall set the record date for the holders of Company Common Stock to receive such notice of appraisal rights as the same date as the Stockholder List Date and shall disseminate the Schedule 14D-9 including such notice of appraisal rights to such holders to the extent required by Section 262(d) of the DGCL provided, that, such record date will not be more than ten (10) calendar days prior to the date that the Schedule 14D-9 is first mailed. The Company hereby consents to the inclusion of the Company Board Recommendation in the Offer Documents and, absent an Adverse Recommendation Change, to the inclusion of a copy of the Schedule 14D-9 with the Offer Documents mailed or furnished to the holders of Company Common Stock.
(d) The Company shall, or shall cause its transfer agent to, furnish Parent and Merger Sub and their agents promptly (and in any event within five (5) Business Days) after the date of this Agreement and from time to time thereafter as requested by Parent or Merger Sub with mailing labels containing the names and addresses of the record holders of Company Common Stock as of the latest practicable date and of those persons becoming record holders subsequent to such date, together with copies of all lists of stockholders, security position listings and computer files any non-objecting beneficial ownership lists, and all other information in the Company’s possession or control regarding the beneficial owners of Company Common Stock, in each case as of the latest date practicable, and shall promptly furnish to Parent and Merger Sub such other information and assistance (including periodically updated lists of stockholders, security position listings and computer files) as Parent or Merger Sub may reasonably request in connection with the Offer. The date of the list of stockholders used to determine the Persons to whom the Offer Documents and the Schedule 14D-9 are first disseminated is referred to as the “Stockholder List Date.” Subject to the requirements of applicable Law, and except for such steps as are necessary to disseminate the Offer Documents and any other documents necessary to consummate the Merger Transactions, Parent and Merger Sub and their representatives shall use the information contained in any such labels, listings and files only in connection with the Merger Transactions, shall treat such information and materials in accordance with the terms and conditions of the Confidentiality Agreement, and, if this Agreement is terminated, shall destroy all copies of such information then in their possession or under their control promptly upon the written request of the Company.
Appears in 1 contract
Company Actions. (a) The Company hereby approves of and consents to the Offer, the Merger and the other Merger Transactions and consents to the inclusion in the Offer Documents of the Company Board Recommendation.
(b) Schedule 14D-9. On the date of the Offer Documents are filed with commencement (within the SECmeaning of Rule 14d-2 under the Exchange Act) of the Offer, the Company shall, concurrently with as soon as reasonably practicable following the filing of the Schedule TO, file with the SEC a Solicitation/Recommendation Statement on Schedule 14D-9 with respect to the Offer (together with all amendments and supplements thereto and including exhibits theretosuch Schedule 14D-9, including, if applicable, a Rule 13E-3 transaction statement on Schedule 13E-3 (together with any supplements, amendments thereof or supplements and exhibits thereto, the “Schedule 13E-3”), the “Schedule 14D-914D-9 Documents”) containing, subject to Section 5.3, containing the Company Board Recommendation (subject to there not having been a Change of Board Recommendation), and shall mail or cause to be mailed the Schedule 14D-9 and the Schedule 13E-3 to be disseminated Documents to the holders of Company Common Stock Stockholders as and to the extent required by United States federal securities Laws, including Rule 14d-9 and Rule 13E-3 under the Exchange Act. Each of The Company shall cause the Schedule 14D-9 Documents to comply with the Exchange Act and all other applicable Law. Parent and Merger Sub shall promptly furnish or otherwise make available to the Company or the Company’s legal counsel upon request all information concerning Parent and Merger Sub that is required by the Exchange Act or other applicable Law to be set forth in the Schedule 14D-9 Documents or the Schedule 13E-3 and all other information concerning Parent and Merger Sub that may be reasonably requested by the Company for inclusion in the Schedule 14D-9 or Documents to the Schedule 13E-3extent reasonably available to Parent and Merger Sub. Each of the Company, Parent, and Merger Sub and the Company shall promptly correct any information supplied by it or on its behalf for inclusion or incorporation by reference in the Schedule 14D-9 or the Schedule 13E-3 Documents if and to the extent that such information shall have become false or misleading in any material respect, and the Company shall take all steps necessary and use all reasonable efforts to promptly amend or supplement the Schedule 14D-9 or the Schedule 13E-3 Documents and to cause the Schedule 14D-9 or the Schedule 13E-3 Documents as so amended or supplemented to be filed with the SEC and disseminated to the holders of Company Common StockStockholders, in each case as soon as reasonably practicable and as and to the extent required by applicable Law. The Company shall promptly notify Parent upon the receipt of any comments from the SEC, or any request from the SEC for amendments or supplements, to the Schedule 14D-9 or the Schedule 13E-314D-9, and shall promptly provide Parent with copies of all written correspondence and summaries of all material oral communications between the Company and its representativesthe Company Representatives, on the one hand, and the SEC, on the other hand. Prior Except with respect to any amendments filed after a Change of Board Recommendation or in connection with any disclosures made in compliance with Section 4.3, prior to the filing of the any Schedule 14D-9 or the Schedule 13E-3 and any amendment or supplement thereto (that does not contain or relate to an Adverse Recommendation Change) Documents with the SEC or dissemination thereof to the holders of Company Common StockStockholders, or responding to any comments of the SEC with respect to the such Schedule 14D-9 or the Schedule 13E-3Documents, the Company shall provide Parent, Merger Sub Parent and their its counsel a reasonable opportunity to review and comment on the such Schedule 14D-9 Documents or response to any comments of the SEC with respect to such Schedule 13E-3 or amendment or supplement or response14D-9 Documents, and the Company shall give reasonable and good faith consideration to any such comments. Unless the Offer has been terminated in accordance with the terms of this Agreementcomments made by Parent, in the event that the Company receives any comments from the SEC or its staff with respect to the Schedule 14D-9 or the Schedule 13E-3, then it shall use its commercially reasonable efforts to respond promptly to such comments.
(c) The Schedule 14D-9 shall also reflect that the Merger is governed by Section 251(h) of the DGCL and contain and constitute the notice to holders of Company Common Stock of the availability of appraisal rights in connection with the Merger required to be delivered to such holders by Section 262(d) of the DGCL. The Company shall set the record date for the holders of Company Common Stock to receive such notice of appraisal rights as the same date as the Stockholder List Date and shall disseminate the Schedule 14D-9 including such notice of appraisal rights to such holders to the extent required by Section 262(d) of the DGCL provided, that, such record date will not be more than ten (10) calendar days prior to the date that the Schedule 14D-9 is first mailed. The Company hereby consents to the inclusion of the Company Board Recommendation in the Offer Documents and, absent an Adverse Recommendation Change, to the inclusion of a copy of the Schedule 14D-9 with the Offer Documents mailed or furnished to the holders of Company Common Stock.
(d) The Company shall, or shall cause its transfer agent to, furnish Parent and Merger Sub and their agents promptly (and in any event within five (5) Business Days) after the date of this Agreement and from time to time thereafter as requested by Parent or Merger Sub with mailing labels containing the names and addresses of the record holders of Company Common Stock as of the latest practicable date and of those persons becoming record holders subsequent to such date, together with copies of all lists of stockholders, security position listings and computer files any non-objecting beneficial ownership lists, and all other information in the Company’s possession or control regarding the beneficial owners of Company Common Stock, in each case as of the latest date practicable, and shall promptly furnish to Parent and Merger Sub such other information and assistance (including periodically updated lists of stockholders, security position listings and computer files) as Parent or Merger Sub may reasonably request in connection with the Offer. The date of the list of stockholders used to determine the Persons to whom the Offer Documents and the Schedule 14D-9 are first disseminated is referred to as the “Stockholder List Datecounsel on a timely basis.” Subject to the requirements of applicable Law, and except for such steps as are necessary to disseminate the Offer Documents and any other documents necessary to consummate the Merger Transactions, Parent and Merger Sub and their representatives shall use the information contained in any such labels, listings and files only in connection with the Merger Transactions, shall treat such information and materials in accordance with the terms and conditions of the Confidentiality Agreement, and, if this Agreement is terminated, shall destroy all copies of such information then in their possession or under their control promptly upon the written request of the Company.
Appears in 1 contract
Samples: Merger Agreement (Infoblox Inc)
Company Actions. (a) The Company hereby approves of and consents to the Offer, the Merger and the other Merger Transactions and consents to the inclusion in the Offer Documents of the Company Board Recommendation.
(b) On the date the Offer Documents are filed with the SEC, the Company shall, concurrently with the filing of the Schedule TO, shall file with the SEC a Solicitation/Recommendation Statement on Schedule 14D-9 with respect to the Offer (together with all amendments amendments, supplements and supplements thereto and including exhibits thereto, including, if applicable, a Rule 13E-3 transaction statement on Schedule 13E-3 (together with any amendments thereof or supplements thereto, the “Schedule 13E-3”), the “Schedule 14D-9”) containingthat shall, except as expressly provided in Section 5.3, contain the Recommendation; provided, that if the Company is not given reasonable notice of the filing date of the Offer Documents, the Company shall be permitted to file the Schedule 14D-9 as promptly thereafter as practicable. The Company agrees to take all steps necessary to cause the Schedule 14D-9 to be prepared and filed with the SEC and, immediately following such filing, subject to Section 5.31.1(h), the Company Board Recommendation and shall cause the Schedule 14D-9 and the Schedule 13E-3 to be disseminated to the holders stockholders of Company Common Stock the Company, in each case as and to the extent required by United States federal securities Laws, including Rule 14d-9 and Rule 13E-3 under the Exchange Act. Each of Parent and Merger Sub shall promptly furnish or otherwise make available to the Company or the Company’s legal counsel upon request all information concerning Parent and Merger Sub that is required by the Exchange Act or other applicable Law to be set forth in the Schedule 14D-9 or 14D-9. The Company, on the Schedule 13E-3 one hand, and all other information concerning Parent and Merger Sub that may be reasonably requested Sub, on the other hand, agree to promptly correct any information provided by the Company it for inclusion use in the Schedule 14D-9 or the Schedule 13E-3. Each of the Company, Parent, and Merger Sub shall promptly correct any information supplied by it or on its behalf for inclusion or incorporation by reference in the Schedule 14D-9 or the Schedule 13E-3 if and to the extent that such information shall have become false or misleading in any material respect, and the respect or as otherwise required by applicable Law. The Company shall further agrees to take all steps necessary and use all reasonable efforts to promptly amend or supplement the Schedule 14D-9 or the Schedule 13E-3 and to cause the Schedule 14D-9 or the Schedule 13E-3 14D-9, as so amended or supplemented corrected (if applicable), to be filed with the SEC and and, immediately following such filing, disseminated to the holders stockholders of Company Common Stockthe Company, in each case as soon as and to the extent required by applicable Lawthe Exchange Act. The Company shall promptly notify Parent and Merger Sub upon the receipt of any comments from the SEC, or any request from the SEC for amendments or supplements, to the Schedule 14D-9 or the Schedule 13E-314D-9, and shall promptly provide Parent and Merger Sub with copies of all written correspondence and summaries of all material oral communications between the Company it and its representatives, on the one hand, and the SEC, on the other handhand and shall give Parent, Merger Sub and their counsel a reasonable opportunity to participate in the response of the Company to those comments and to provide comments on any response, and the Company shall give reasonable consideration to any such comments. Prior to the filing of the Schedule 14D-9 (including any amendments or the Schedule 13E-3 and any amendment or supplement thereto (that does not contain or relate to an Adverse Recommendation Changesupplements thereto) with the SEC or dissemination thereof to the holders stockholders of Company Common Stockthe Company, or responding to any comments of the SEC with respect to the Schedule 14D-9 or the Schedule 13E-314D-9, the Company shall provide Parent, Merger Sub and their counsel a reasonable opportunity to review and comment on the such Schedule 14D-9 or the Schedule 13E-3 or amendment or supplement or response, and the Company shall give reasonable consideration to any such comments. Unless the Offer has been terminated in accordance with the terms of this Agreement, in the event that the Company receives any comments from the SEC or its staff with respect to the Schedule 14D-9 or the Schedule 13E-3, then it shall use its commercially reasonable efforts to respond promptly to such comments.
(c) The Schedule 14D-9 shall also reflect that the Merger is governed by Section 251(h) of the DGCL and contain and constitute the notice to holders of Company Common Stock of the availability of appraisal rights in connection with the Merger required to be delivered to such holders by Section 262(d) of the DGCL. The Company shall set the record date for the holders of Company Common Stock to receive such notice of appraisal rights as the same date as the Stockholder List Date and shall disseminate the Schedule 14D-9 including such notice of appraisal rights to such holders to the extent required by Section 262(d) of the DGCL provided, that, such record date will not be more than ten (10) calendar days prior to the date that the Schedule 14D-9 is first mailed. The Company hereby consents to the inclusion of the Company Board Recommendation in the Offer Documents and, absent an Adverse Recommendation Change, to the inclusion of a copy of the Recommendation contained in the Schedule 14D-9 with the Offer Documents mailed or furnished to the holders of Company Common Stock14D-9.
(db) The In connection with the Offer, the Company shall, or shall cause its transfer agent to, furnish Parent and Merger Sub and their agents promptly (and in any event within five (5) Business Days) after Days following the date of this Agreement Agreement) furnish or cause to be furnished to Parent and from time to time thereafter as requested by Parent or Merger Sub with mailing labels labels, security position listings and any other available listings or computer files containing the names and addresses of the record holders or beneficial owners of Company Common Stock the Shares as of the latest most recent practicable date and of those persons becoming record holders subsequent to such date, together with copies of all lists of stockholders, security position listings and computer files any non-objecting beneficial ownership lists, and all other information in the Company’s possession or control regarding the beneficial owners of Company Common Stock, in each case as of the latest date practicable, and shall promptly furnish to Parent and Merger Sub with such other information and assistance (including periodically updated lists of stockholdersrecord holders or beneficial owners of the Shares, updated from time to time upon Parent’s, Merger Sub’s or any of their Representatives’ request, and the addresses, mailing labels and lists of security position listings and computer filespositions of such record holders or beneficial owners) as Parent or Parent, Merger Sub or any such Representative may reasonably request in connection with for the Offer. The date purpose of communicating the Offer to the record holders and beneficial owners of the list of stockholders used to determine the Persons to whom the Offer Documents and the Schedule 14D-9 are first disseminated is referred to Shares. Such information shall be considered Confidential Information (as the “Stockholder List Date.” Subject to the requirements of applicable Law, and except for such steps as are necessary to disseminate the Offer Documents and any other documents necessary to consummate the Merger Transactions, Parent and Merger Sub and their representatives shall use the information contained defined in any such labels, listings and files only in connection with the Merger Transactions, shall treat such information and materials in accordance with the terms and conditions of the Confidentiality Agreement, and, if this Agreement is terminated, shall destroy all copies of such information then in their possession or under their control promptly upon the written request of the Company).
Appears in 1 contract
Samples: Merger Agreement (Span America Medical Systems Inc)
Company Actions. (a) The Company hereby approves As soon as practicable on the date of and consents to commencement of the Offer, the Merger and the other Merger Transactions and consents to the inclusion in the Offer Documents of the Company Board Recommendation.
(b) On the date the Offer Documents are filed with the SEC, the Company shall, concurrently in a manner that complies with Rule 14d-9 under the filing of the Schedule TOExchange Act, file with the SEC a Tender Offer Solicitation/Recommendation Statement on Schedule 14D-9 with respect to the Offer (together with all amendments amendments, supplements and supplements thereto and including exhibits thereto, including, if applicable, a Rule 13E-3 transaction statement on Schedule 13E-3 (together with any amendments thereof or supplements thereto, the “Schedule 13E-3”), the “"Schedule 14D-9”") containingthat shall, subject to the provisions of Section 5.35.9(c), contain the recommendation referred to in clause (3) of Section 3.5. At the time the Offer Documents are first mailed to the stockholders of the Company, the Company Board Recommendation and shall also mail or cause to be mailed to its stockholders such Schedule 14D-9, together with such Offer Documents. The Company further agrees to take all steps necessary to cause the Schedule 14D-9 and the Schedule 13E-3 to be filed with the SEC and disseminated to the holders of Company Common Stock Shares, in each case as and to the extent required by United States applicable federal securities Lawslaws. The Company, including Rule 14d-9 on the one hand, and Rule 13E-3 under the Exchange Act. Each of Parent and Merger Sub shall Acquisition Sub, on the other hand, agree to promptly furnish or otherwise make available to the Company or the Company’s legal counsel upon request all correct any information concerning Parent and Merger Sub that is required provided by the Exchange Act or other applicable Law to be set forth it for use in the Schedule 14D-9 or the Schedule 13E-3 and all other information concerning Parent and Merger Sub that may be reasonably requested by the Company for inclusion in the Schedule 14D-9 or the Schedule 13E-3. Each of the Company, Parent, and Merger Sub shall promptly correct any information supplied by it or on its behalf for inclusion or incorporation by reference in the Schedule 14D-9 or the Schedule 13E-3 if and to the extent that such information it shall have become false or misleading in any material respect, and the respect or as otherwise required by law. The Company shall agrees to take all steps necessary and use all reasonable efforts to promptly amend or supplement the Schedule 14D-9 or the Schedule 13E-3 and to cause the Schedule 14D-9 or the Schedule 13E-3 as so amended or supplemented corrected to be filed with the SEC and disseminated to the holders of Company Common Stockthe Shares, in each case as soon as and to the extent required by applicable Lawfederal securities laws. The Company shall promptly notify Parent upon the receipt of any comments from the SEC, or any request from the SEC for amendments or supplements, to the Schedule 14D-9 or the Schedule 13E-3, and shall promptly provide Parent with copies of all written correspondence and summaries of all material oral communications between the Company and its representatives, on the one hand, and the SEC, on the other hand. Prior to the filing of the Schedule 14D-9 or the Schedule 13E-3 and any amendment or supplement thereto (that does not contain or relate to an Adverse Recommendation Change) with the SEC or dissemination thereof to the holders of Company Common Stock, or responding to any comments of the SEC with respect to the Schedule 14D-9 or the Schedule 13E-3, the Company shall provide Parent, Merger Acquisition Sub and their counsel shall be given a reasonable opportunity to review and comment on the Schedule 14D-9 or before it is filed with the Schedule 13E-3 or amendment or supplement or responseSEC. In addition, and the Company shall give reasonable consideration agrees to provide Parent, Acquisition Sub and their counsel with any such comments. Unless the Offer has been terminated in accordance with the terms of this Agreement, in the event whether written or oral, that the Company receives any comments or its counsel may receive from time to time from the SEC or its staff with respect to the Schedule 14D-9 or promptly after the Schedule 13E-3, then it shall use its commercially reasonable efforts to respond promptly to Company's receipt of such comments, and any written or oral responses thereto.
(cb) The Schedule 14D-9 shall also reflect that the Merger is governed by Section 251(h) of the DGCL and contain and constitute the notice to holders of Company Common Stock of the availability of appraisal rights in In connection with the Merger required Offer, the Company shall promptly furnish or cause to be delivered to such holders by Section 262(d) of the DGCL. The Company shall set the record date for the holders of Company Common Stock to receive such notice of appraisal rights as the same date as the Stockholder List Date and shall disseminate the Schedule 14D-9 including such notice of appraisal rights to such holders to the extent required by Section 262(d) of the DGCL provided, that, such record date will not be more than ten (10) calendar days prior to the date that the Schedule 14D-9 is first mailed. The Company hereby consents to the inclusion of the Company Board Recommendation in the Offer Documents and, absent an Adverse Recommendation Change, to the inclusion of a copy of the Schedule 14D-9 with the Offer Documents mailed or furnished to the holders of Company Common Stock.
(d) The Company shallAcquisition Sub mailing labels, security position listings and any available listing or shall cause its transfer agent to, furnish Parent and Merger Sub and their agents promptly (and in any event within five (5) Business Days) after the date of this Agreement and from time to time thereafter as requested by Parent or Merger Sub with mailing labels computer file containing the names and addresses of the record holders of Company Common Stock the Shares as of the latest practicable date and of those persons becoming record holders subsequent to such a recent date, together with copies of all lists of stockholders, security position listings and computer files any non-objecting beneficial ownership lists, and all other information in the Company’s possession or control regarding the beneficial owners of Company Common Stock, in each case as of the latest date practicable, and shall promptly furnish to Parent and Merger Acquisition Sub with such other information and assistance (including periodically updated including, but not limited to, lists of stockholdersholders of the Shares, updated daily, and their addresses, mailing labels and lists of security position listings and computer filespositions) as Parent Acquisition Sub or Merger Sub its agent may reasonably request in connection with for the Offer. The date purpose of communicating the Offer to the record and beneficial holders of the list of stockholders used to determine the Persons to whom the Offer Documents and the Schedule 14D-9 are first disseminated is referred to as the “Stockholder List DateShares.” Subject to the requirements of applicable Law, and except for such steps as are necessary to disseminate the Offer Documents and any other documents necessary to consummate the Merger Transactions, Parent and Merger Sub and their representatives shall use the information contained in any such labels, listings and files only in connection with the Merger Transactions, shall treat such information and materials in accordance with the terms and conditions of the Confidentiality Agreement, and, if this Agreement is terminated, shall destroy all copies of such information then in their possession or under their control promptly upon the written request of the Company.
Appears in 1 contract
Company Actions. (a) The Company hereby approves of and consents to the Offer, the Merger and the other Merger Transactions and consents to the inclusion in the Offer Documents of the Company Board Recommendation.
(b) Schedule 14D-9. On the date the Offer Documents are filed with the SEC, or as promptly thereafter as practicable (but in no event later than the first Business Day following the date on which the Offer Documents are filed), the Company shall, concurrently with the filing of the Schedule TO, shall file with the SEC a Solicitation/Recommendation Statement on Schedule 14D-9 with respect to the Offer (together with all amendments and supplements thereto and including exhibits theretoOffer, including, if applicable, a Rule 13E-3 transaction statement on Schedule 13E-3 (such Schedule 14D-9 (including, if applicable, such Schedule 13E-3), as amended from time to time, together with any exhibits, amendments thereof or supplements thereto, the “Schedule 13E-314D-9”), including a description of the “Schedule 14D-9”) containing, subject to Section 5.3, Special Committee Recommendation and the Company Board Recommendation (subject to Section 6.02) and shall cause disseminate the Schedule 14D-9 and the Schedule 13E-3 to be disseminated to the holders of the Company Common Stock Stock, as and to the extent required by United States applicable U.S. federal securities Laws, including Rule 14d-9 Law. The Schedule 14D-9 shall also contain the notice of appraisal rights required to be delivered by the Company under Section 262(d)(2) of the DGCL at the time the Company first files the Schedule 14D-9 with the SEC and Rule 13E-3 under the Exchange Actfairness opinion delivered by Leerink Partners LLC. Each of Parent and Merger Sub shall promptly furnish or otherwise make available to the Company or the Company’s legal counsel upon request all information concerning Parent and Merger Sub that is required by the Exchange Act or other applicable Law to be set forth in the Schedule 14D-9 or the Schedule (including, if applicable, any information required for a Rule 13E-3 and all other information concerning Parent and Merger Sub that may be reasonably requested by the Company for inclusion in the Schedule 14D-9 or the transaction statement on Schedule 13E-3). Each of the Company, Parent, Parent and Merger Sub shall promptly correct any information supplied provided by it or on its behalf for inclusion or incorporation by reference use in the Schedule 14D-9 or the Schedule 13E-3 if and to the extent that such information shall have become false or misleading in any material respect, and to correct any material omissions therefrom, and the Company shall take all steps necessary and use all reasonable efforts to promptly amend or supplement the Schedule 14D-9 or the Schedule 13E-3 and to cause the Schedule 14D-9 or the Schedule 13E-3 14D-9, as so amended or supplemented supplemented, to be filed with the SEC and disseminated to the holders of the Company Common Stock, in each case as soon case, as and to the extent required by applicable Law. The Except from and after an Adverse Recommendation Change or in connection with any disclosures made in compliance with Section 6.02, Company shall promptly notify provide Parent upon the receipt and its counsel with copies of any comments from written comments, and shall inform Xxxxxx and its counsel of any oral comments, that the SEC, Company or any request its counsel may receive from the SEC for amendments or supplements, its staff with respect to the Schedule 14D-9 promptly after the receipt of such comments. Except from and after an Adverse Recommendation Change or the Schedule 13E-3in connection with any disclosures made in compliance with Section 6.02, and shall promptly provide Parent with copies of all written correspondence and summaries of all material oral communications between the Company and its representatives, on the one hand, and the SEC, on the other hand. Prior prior to the filing of the Schedule 14D-9 or the Schedule 13E-3 and (including any amendment or supplement thereto (that does not contain or relate to an Adverse Recommendation Changethereto) with the SEC or the dissemination thereof to the holders of the Company Common Stock, or responding to any comments of the SEC or its staff with respect to the Schedule 14D-9 or the Schedule 13E-314D-9, the Company shall (x) provide Parent, Merger Sub Parent and their its counsel a reasonable opportunity to review and comment on the such Schedule 14D-9 or the Schedule 13E-3 or amendment or supplement or response, response (it being understood that Parent and the Company its counsel shall provide any comments thereon as soon as reasonably practicable) and (y) give reasonable and good faith consideration to any such commentscomments made by Parent or its counsel. Unless the Offer has been terminated in accordance with the terms of this Agreement, in the event that the The Company receives shall respond promptly to any comments from of the SEC or its staff with respect to the Schedule 14D-9 or the Schedule 13E-3, then it shall use its commercially reasonable efforts to respond promptly to such comments.
(c) The Schedule 14D-9 shall also reflect that the Merger is governed by Section 251(h) of the DGCL and contain and constitute the notice to holders of Company Common Stock of the availability of appraisal rights in connection with the Merger required to be delivered to such holders by Section 262(d) of the DGCL. The Company shall set the record date for the holders of Company Common Stock to receive such notice of appraisal rights as the same date as the Stockholder List Date and shall disseminate the Schedule 14D-9 including such notice of appraisal rights to such holders to the extent required by Section 262(d) of the DGCL provided, that, such record date will not be more than ten (10) calendar days prior to the date that the Schedule 14D-9 is first mailed14D-9. The Company hereby consents to the inclusion in the Offer Documents of a description of the Special Committee Recommendation and the Company Board Recommendation in the Offer Documents and, absent an Adverse Recommendation Change, (except to the inclusion of a copy of extent that the Special Committee or the Company Board shall have withdrawn or modified the Special Committee Recommendation or the Company Board Recommendation, respectively, in accordance with Section 6.02(b)). In addition, the Company shall cause the Schedule 14D-9 (i) to comply in all material respects with the Offer Documents mailed Exchange Act and other applicable laws and (ii) to not contain any untrue statement of a material fact or furnished omit to state any material fact required to be stated therein or necessary in order to make the holders statements therein, in light of the circumstances under which they were made, not misleading; provided, however, that no covenant is made by the Company Common Stock.
(d) The Company shall, with respect to information supplied by or shall cause its transfer agent to, furnish Parent and Merger Sub and their agents promptly (and in any event within five (5) Business Days) after the date on behalf of this Agreement and from time to time thereafter as requested by Parent or Merger Sub with mailing labels containing the names and addresses of the record holders of Company Common Stock as of the latest practicable date and of those persons becoming record holders subsequent to such date, together with copies of all lists of stockholders, security position listings and computer files any non-objecting beneficial ownership lists, and all other information for inclusion or incorporation by reference in the Company’s possession or control regarding the beneficial owners of Company Common Stock, in each case as of the latest date practicable, and shall promptly furnish to Parent and Merger Sub such other information and assistance (including periodically updated lists of stockholders, security position listings and computer files) as Parent or Merger Sub may reasonably request in connection with the Offer. The date of the list of stockholders used to determine the Persons to whom the Offer Documents and the Schedule 14D-9 are first disseminated is referred to as the “Stockholder List Date14D-9.” Subject to the requirements of applicable Law, and except for such steps as are necessary to disseminate the Offer Documents and any other documents necessary to consummate the Merger Transactions, Parent and Merger Sub and their representatives shall use the information contained in any such labels, listings and files only in connection with the Merger Transactions, shall treat such information and materials in accordance with the terms and conditions of the Confidentiality Agreement, and, if this Agreement is terminated, shall destroy all copies of such information then in their possession or under their control promptly upon the written request of the Company.
Appears in 1 contract
Company Actions. (a) The Company hereby approves of and consents to the Offer, the Merger and the other Merger Transactions and consents to the inclusion in the Offer Documents of the Company Board Recommendation.
(b) Schedule 14D-9. On the date the Offer Documents are filed with the SEC, or as promptly thereafter as practicable (but in no event later than the first Business Day following the date on which the Offer Documents are filed), the Company shall, concurrently with the filing of the Schedule TO, shall file with the SEC a Solicitation/Recommendation Statement on Schedule 14D-9 with respect to the Offer (together with all amendments and supplements thereto and including exhibits theretosuch Schedule 14D-9, includingas amended from time to time, if applicable, a Rule 13E-3 transaction statement on Schedule 13E-3 (together with any exhibits, amendments thereof or supplements thereto, the “Schedule 13E-314D-9”), the “Schedule 14D-9”) containing, subject to Section 5.3, including a description of the Company Board Recommendation (subject to Section 6.02) and shall cause disseminate the Schedule 14D-9 and the Schedule 13E-3 to be disseminated to the holders of Company Common Stock Stock, as and to the extent required by United States applicable U.S. federal securities LawsLaw. The Schedule 14D-9 shall also contain the notice of appraisal rights required to be delivered by the Company under Section 262(d)(2) of the DGCL at the time the Company first files the Schedule 14D-9 with the SEC and the fairness opinion delivered by Chessiecap Securities, including Rule 14d-9 and Rule 13E-3 under the Exchange Act. Each of Inc. Parent and Merger Sub shall promptly furnish or otherwise make available to the Company or the Company’s legal counsel upon request all information concerning Parent and Merger Sub that is required by the Exchange Act or other applicable Law to be set forth in the Schedule 14D-9 or the Schedule 13E-3 and all other information concerning Parent and Merger Sub that may be reasonably requested by the Company for inclusion in the Schedule 14D-9 or the Schedule 13E-314D-9. Each of the Company, Parent, Parent and Merger Sub shall promptly correct any information supplied provided by it or on its behalf for inclusion or incorporation by reference use in the Schedule 14D-9 or the Schedule 13E-3 if and to the extent that such information shall have become false or misleading in any material respect, and to correct any material omissions therefrom, and the Company shall take all steps necessary and use all reasonable efforts to promptly amend or supplement the Schedule 14D-9 or the Schedule 13E-3 and to cause the Schedule 14D-9 or the Schedule 13E-3 14D-9, as so amended or supplemented supplemented, to be filed with the SEC and disseminated to the holders of Company Common Stock, in each case as soon case, as and to the extent required by applicable Law. The Except in connection with an Adverse Recommendation Change or any disclosures made in compliance with Section 6.02, the Company shall promptly notify provide Parent upon the receipt and its counsel with copies of any comments from written comments, and shall inform Parent and its counsel of any oral comments, that the SEC, Company or any request its counsel may receive from the SEC for amendments or supplements, its staff with respect to the Schedule 14D-9 promptly after the receipt of such comments. Except in connection with an Adverse Recommendation Change or the Schedule 13E-3any disclosures made in compliance with Section 6.02, and shall promptly provide Parent with copies of all written correspondence and summaries of all material oral communications between the Company and its representatives, on the one hand, and the SEC, on the other hand. Prior prior to the filing of the Schedule 14D-9 or the Schedule 13E-3 and (including any amendment or supplement thereto (that does not contain or relate to an Adverse Recommendation Changethereto) with the SEC or the dissemination thereof to the holders of Company Common Stock, or responding to any comments of the SEC or its staff with respect to the Schedule 14D-9 or the Schedule 13E-314D-9, the Company shall (x) provide Parent, Merger Sub Parent and their its counsel a reasonable opportunity to review and comment on the such Schedule 14D-9 or the Schedule 13E-3 or amendment or supplement or response, response (it being understood that Parent and the Company its counsel shall provide any comments thereon as soon as reasonably practicable) and (y) give reasonable and good faith consideration to any such commentscomments made by Parent or its counsel. Unless the Offer has been terminated in accordance with the terms of this Agreement, in the event that the The Company receives shall respond promptly to any comments from of the SEC or its staff with respect to the Schedule 14D-9 or the Schedule 13E-3, then it shall use its commercially reasonable efforts to respond promptly to such comments.
(c) The Schedule 14D-9 shall also reflect that the Merger is governed by Section 251(h) of the DGCL and contain and constitute the notice to holders of Company Common Stock of the availability of appraisal rights in connection with the Merger required to be delivered to such holders by Section 262(d) of the DGCL. The Company shall set the record date for the holders of Company Common Stock to receive such notice of appraisal rights as the same date as the Stockholder List Date and shall disseminate the Schedule 14D-9 including such notice of appraisal rights to such holders to the extent required by Section 262(d) of the DGCL provided, that, such record date will not be more than ten (10) calendar days prior to the date that the Schedule 14D-9 is first mailed14D-9. The Company hereby consents to the inclusion in the Offer Documents of a description of the Company Board Recommendation in the Offer Documents and, absent an Adverse Recommendation Change, (except to the inclusion of a copy of extent that the Schedule 14D-9 with Company Board shall have withdrawn or modified the Offer Documents mailed or furnished to the holders of Company Common Stock.
(d) The Company shall, or shall cause its transfer agent to, furnish Parent and Merger Sub and their agents promptly (and in any event within five (5) Business Days) after the date of this Agreement and from time to time thereafter as requested by Parent or Merger Sub with mailing labels containing the names and addresses of the record holders of Company Common Stock as of the latest practicable date and of those persons becoming record holders subsequent to such date, together with copies of all lists of stockholders, security position listings and computer files any non-objecting beneficial ownership lists, and all other information in the Company’s possession or control regarding the beneficial owners of Company Common Stock, in each case as of the latest date practicable, and shall promptly furnish to Parent and Merger Sub such other information and assistance (including periodically updated lists of stockholders, security position listings and computer files) as Parent or Merger Sub may reasonably request in connection with the Offer. The date of the list of stockholders used to determine the Persons to whom the Offer Documents and the Schedule 14D-9 are first disseminated is referred to as the “Stockholder List Date.” Subject to the requirements of applicable Law, and except for such steps as are necessary to disseminate the Offer Documents and any other documents necessary to consummate the Merger Transactions, Parent and Merger Sub and their representatives shall use the information contained in any such labels, listings and files only in connection with the Merger Transactions, shall treat such information and materials Board Recommendation in accordance with the terms and conditions of the Confidentiality Agreement, and, if this Agreement is terminated, shall destroy all copies of such information then in their possession or under their control promptly upon the written request of the CompanySection 6.02(b)).
Appears in 1 contract
Samples: Merger Agreement (TSR Inc)
Company Actions. (a) The Company hereby approves of and consents Schedule 14D-9. Subject to the OfferSection 6.01(b), the Merger and the other Merger Transactions and consents to the inclusion in as promptly as practicable on the Offer Documents of the Company Board Recommendation.
(b) On the date the Offer Documents are filed with the SECCommencement Date, the Company shall, concurrently with following the filing of the Schedule TOOffer Documents, the Company shall (i) file with the SEC a Tender Offer Solicitation/Recommendation Statement on Schedule 14D-9 with respect to the Offer (together with all amendments and supplements thereto and including exhibits thereto, including, if applicable, a Rule 13E-3 transaction statement on Schedule 13E-3 (together with any exhibits, amendments thereof or supplements thereto, the “Schedule 13E-3”), the “Schedule 14D-9”) containing, subject to Section 5.3, that shall reflect the Company Board Recommendation and shall include the fairness opinion of the Company’s financial advisor referenced in Section 3.23 and the notice and other information required by Section 262(d)(2) of the DGCL and (ii) cause the Schedule 14D-9 and the Schedule 13E-3 related documents to be disseminated to the holders of Company Common Stock Shares as and to the extent required by United States federal securities Lawsapplicable Legal Requirements, including Rule 14d-9 and Rule 13E-3 under by setting the Exchange Act. Each Stockholder List Date as the record date for purposes of Parent and Merger Sub shall promptly furnish or otherwise make available to receiving the Company or the Company’s legal counsel upon request all information concerning Parent and Merger Sub that is notice required by Section 262(d)(2) of the DGCL. The Company agrees that it shall cause the Schedule 14D-9 to (x) comply in all material respects with the Exchange Act or and other applicable Law Legal Requirements and (y) not contain any untrue statement of a material fact or omit to state any material fact required to be set forth stated therein or necessary in order to make the Schedule 14D-9 or statements therein, in light of the Schedule 13E-3 and all other information concerning Parent and Merger Sub circumstances under which they were made, not misleading; provided, however, that may be reasonably requested no covenant is made by the Company for inclusion in the Schedule 14D-9 or the Schedule 13E-3. Each of the Company, Parent, and Merger Sub shall promptly correct any with respect to information supplied by it or on its behalf of Parent or Purchaser for inclusion or incorporation by reference in the Schedule 14D-9 14D-9. Each of Parent, Purchaser and the Company agrees to respond promptly to any comments (including oral comments) of the SEC or its staff and to promptly correct any information provided by it for use in the Schedule 13E-3 14D-9 if and to the extent that such information shall have become false or misleading in any material respect, and the Company shall further agrees to take all steps necessary and use all reasonable efforts to promptly amend or supplement the Schedule 14D-9 or the Schedule 13E-3 and to cause the Schedule 14D-9 or the Schedule 13E-3 as so amended or supplemented corrected to be filed with the SEC and to be disseminated to the holders of Company Common StockShares, in each case as soon as and to the extent required by applicable LawLegal Requirements. The Company Parent and Purchaser shall promptly notify Parent upon the receipt of any comments from the SEC, furnish or any request from the SEC for amendments or supplements, otherwise make available to the Schedule 14D-9 Company or the Schedule 13E-3, and shall promptly provide Company’s legal counsel all information concerning Parent or Purchaser that may be required or reasonably requested in connection with copies of all written correspondence and summaries of all material oral communications between the Company any action contemplated by this Section 1.02(a). Parent and its representatives, on the one hand, and the SEC, on the other hand. Prior to the filing of the Schedule 14D-9 or the Schedule 13E-3 and any amendment or supplement thereto (that does not contain or relate to an Adverse Recommendation Change) with the SEC or dissemination thereof to the holders of Company Common Stock, or responding to any comments of the SEC with respect to the Schedule 14D-9 or the Schedule 13E-3, the Company counsel shall provide Parent, Merger Sub and their counsel a be given reasonable opportunity to review and comment on the Schedule 14D-9 (including any response to any comments (including oral comments) of the SEC or its staff with respect thereto) prior to the Schedule 13E-3 or amendment or supplement or responsefiling thereof with the SEC, and the Company shall give reasonable consideration to any such comments made by Parent or its counsel. The Company agrees to provide Parent and its counsel with any comments (including oral comments. Unless the Offer has been terminated in accordance with the terms of this Agreement, in the event that ) the Company receives any comments or its counsel may receive from the SEC or its staff with respect to the Schedule 14D-9 or the Schedule 13E-3, then it shall use its commercially reasonable efforts to respond promptly to such comments.
(c) The Schedule 14D-9 shall also reflect that the Merger is governed by Section 251(h) of the DGCL and contain and constitute the notice to holders of Company Common Stock of the availability of appraisal rights in connection with the Merger required to be delivered to such holders by Section 262(d) of the DGCL. The Company shall set the record date for the holders of Company Common Stock to receive such notice of appraisal rights as the same date as the Stockholder List Date and shall disseminate the Schedule 14D-9 including such notice of appraisal rights to such holders to the extent required by Section 262(d) of the DGCL provided, that, such record date will not be more than ten (10) calendar days prior to the date that the Schedule 14D-9 is first mailed. The Company hereby consents to the inclusion of the Company Board Recommendation in the Offer Documents and, absent an Adverse Recommendation Change, to the inclusion of a copy of the Schedule 14D-9 with the Offer Documents mailed or furnished to the holders of Company Common Stock.
(d) The Company shall, or shall cause its transfer agent to, furnish Parent and Merger Sub and their agents promptly (and in any event within five (5) Business Days) after the date of this Agreement and from time to time thereafter as requested by Parent or Merger Sub with mailing labels containing the names and addresses of the record holders of Company Common Stock as of the latest practicable date and receipt of those persons becoming record holders subsequent to such date, together with copies of all lists of stockholders, security position listings and computer files any non-objecting beneficial ownership lists, and all other information in the Company’s possession or control regarding the beneficial owners of Company Common Stock, in each case as of the latest date practicable, and shall promptly furnish to Parent and Merger Sub such other information and assistance comments (including periodically updated lists of stockholders, security position listings and computer files) as Parent or Merger Sub may reasonably request in connection with the Offer. The date of the list of stockholders used to determine the Persons to whom the Offer Documents and the Schedule 14D-9 are first disseminated is referred to as the “Stockholder List Dateoral comments).” Subject to the requirements of applicable Law, and except for such steps as are necessary to disseminate the Offer Documents and any other documents necessary to consummate the Merger Transactions, Parent and Merger Sub and their representatives shall use the information contained in any such labels, listings and files only in connection with the Merger Transactions, shall treat such information and materials in accordance with the terms and conditions of the Confidentiality Agreement, and, if this Agreement is terminated, shall destroy all copies of such information then in their possession or under their control promptly upon the written request of the Company.
Appears in 1 contract
Samples: Merger Agreement (Immunomedics Inc)
Company Actions. (a) Schedule 14D-9. The Company hereby approves of shall file with the SEC as promptly as practicable on the date on which Parent and consents to the Offer, the Merger and the other Merger Transactions and consents to the inclusion in Sub file the Offer Documents of the Company Board Recommendation.
(b) On the date the Offer Documents are filed with the SEC, the Company shall, concurrently with the filing of the Schedule TO, file with the SEC a Solicitation/Recommendation Statement on Schedule 14D-9 with respect to the Offer (together with all amendments and supplements thereto and including exhibits thereto, including, if applicable, a Rule 13E-3 transaction statement on Schedule 13E-3 (together with any amendments thereof or supplements thereto, and including the “Schedule 13E-3”)exhibits thereto, the “Schedule 14D-9”) containing), which shall, subject to Section 5.36.2, include the Company Board Recommendation Recommendation, and shall cause disseminate the Schedule 14D-9 and the Schedule 13E-3 to be disseminated to the holders of Company Common Stock its stockholders, in each case, as and to the extent required by United States federal securities the Securities Laws, including Rule 14d-9 . The Schedule 14D-9 shall constitute (and Rule 13E-3 under shall contain the Exchange Actinformation required to be included in) the Company’s notice of appraisal rights in accordance with Section 262 of the DGCL. Each of Parent and Merger Sub shall promptly furnish or otherwise make available to the Company or the Company’s legal counsel upon request all information concerning Parent and Merger Sub that is required by the Exchange Act or other applicable Law Securities Laws to be set forth in the Schedule 14D-9 or the Schedule 13E-3 and all other information concerning Parent and Merger Sub that may be reasonably requested by the 14D-9. The Company for inclusion in agrees promptly to correct the Schedule 14D-9 or the Schedule 13E-3. Each of the Company, Parent, and Merger Sub shall promptly correct any information supplied by it or on its behalf for inclusion or incorporation by reference in the Schedule 14D-9 or the Schedule 13E-3 if and to the extent that such information it shall have become false or misleading in any material respectrespect (and each of Parent and Merger Sub, with respect to information supplied by it specifically for use in the Schedule 14D-9, shall promptly notify the Company of any required corrections of such information and cooperate with the Company with respect to correcting such information) and to supplement the information contained in the Schedule 14D-9 to include any information that shall become necessary in order to make the statements therein, in light of the circumstances under which they were made, not misleading, and the Company shall take all steps necessary and use all reasonable efforts to promptly amend or supplement the Schedule 14D-9 or the Schedule 13E-3 and further agrees to cause the Schedule 14D-9 or the Schedule 13E-3 as so amended or supplemented to be filed with the SEC and disseminated to the holders of Company Common Stock, in each case as soon its stockholders as and to the extent required by applicable Lawthe Securities Laws. The Company shall promptly notify Parent upon the receipt of any comments from the SEC, or any request from the SEC for amendments or supplements, to the Schedule 14D-9 or the Schedule 13E-3, and shall promptly provide Parent with copies of all written correspondence and summaries of all material oral communications between Unless the Company and its representativesBoard has effected a Change of Recommendation, on the one hand, and the SEC, on the other hand. Prior to the filing of the Schedule 14D-9 or the Schedule 13E-3 and any amendment or supplement thereto (that does not contain or relate to an Adverse Recommendation Change) with the SEC or dissemination thereof to the holders of Company Common Stock, or responding to any comments of the SEC with respect to the Schedule 14D-9 or the Schedule 13E-3, the Company Parent shall provide Parent, Merger Sub and their counsel be given a reasonable opportunity to review and comment on the Schedule 14D-9 and any amendments or supplements thereto before they are filed with the Schedule 13E-3 SEC or amendment or supplement or responsedisseminated to the Company’s stockholders, and the Company shall give reasonable due consideration to any such commentsall the reasonable additions, deletions or changes suggested thereto by Parent. Unless the Offer has been terminated in accordance with the terms of this Agreement, in the event that the The Company receives shall respond as promptly as reasonably practicable to any comments received from the SEC or its staff with respect to the Schedule 14D-9 or the Schedule 13E-3and, then it shall use its commercially reasonable efforts to respond promptly to such comments.
(c) The Schedule 14D-9 shall also reflect that the Merger is governed by Section 251(h) of the DGCL and contain and constitute the notice to holders of Company Common Stock of the availability of appraisal rights in connection with the Merger required to be delivered to such holders by Section 262(d) of the DGCL. The Company shall set the record date for the holders of Company Common Stock to receive such notice of appraisal rights as the same date as the Stockholder List Date and shall disseminate the Schedule 14D-9 including such notice of appraisal rights to such holders to the extent required by Section 262(d) of the DGCL provided, that, such record date will not be more than ten (10) calendar days prior to the date that the Schedule 14D-9 is first mailed. The Company hereby consents to the inclusion of unless the Company Board Recommendation in the Offer Documents andhas effected a Change of Recommendation, absent an Adverse Recommendation Changeshall provide copies of such comments to Parent promptly upon receipt, shall provide copies of proposed responses to the inclusion of Parent a copy of the Schedule 14D-9 reasonable time prior to filing with the Offer Documents mailed or furnished SEC and dissemination to the holders of Company Common Stock.
(d) The Company shall, or shall cause its transfer agent to, furnish Parent and Merger Sub and their agents promptly (and in any event within five (5) Business Days) after the date of this Agreement and from time to time thereafter as requested by Parent or Merger Sub with mailing labels containing the names and addresses of the record holders of Company Common Stock as of the latest practicable date and of those persons becoming record holders subsequent to such date, together with copies of all lists of stockholders, security position listings and computer files any non-objecting beneficial ownership lists, and all other information in the Company’s possession or control regarding the beneficial owners of Company Common Stock, in each case as of the latest date practicable, stockholders to allow for review and prompt comment by Parent and shall promptly furnish give due consideration to Parent and Merger Sub such other information and assistance (including periodically updated lists of stockholdersall reasonable additions, security position listings and computer files) as Parent deletions or Merger Sub may reasonably request in connection with the Offer. The date of the list of stockholders used to determine the Persons to whom the Offer Documents and the Schedule 14D-9 are first disseminated is referred to as the “Stockholder List Datechanges suggested thereto by Parent.” Subject to the requirements of applicable Law, and except for such steps as are necessary to disseminate the Offer Documents and any other documents necessary to consummate the Merger Transactions, Parent and Merger Sub and their representatives shall use the information contained in any such labels, listings and files only in connection with the Merger Transactions, shall treat such information and materials in accordance with the terms and conditions of the Confidentiality Agreement, and, if this Agreement is terminated, shall destroy all copies of such information then in their possession or under their control promptly upon the written request of the Company.
Appears in 1 contract
Company Actions. (a) The Company hereby approves of and consents to the Offer, the Merger and the other Merger Transactions and consents to the inclusion in the Offer Documents of the Company Board Recommendation.
(b) On the date that the Offer Documents are filed with the SEC, the Company shall, concurrently with the filing of the Schedule TO, shall file with the SEC a Solicitation/Recommendation Statement on Schedule 14D-9 with respect to the Offer (together with all amendments amendments, supplements and supplements thereto and including exhibits thereto, including, if applicable, a Rule 13E-3 transaction statement on Schedule 13E-3 (together with any amendments thereof or supplements thereto, the “Schedule 13E-3”), the “"Schedule 14D-9”") containingthat shall, subject to the terms hereof, including the provisions of Section 5.37.3, contain the Company Board Recommendation and shall reflect that the Merger shall be consummated as soon as practicable following the completion of the Offer pursuant to Section 251(h) of the DGCL. The Company agrees to take all steps necessary to cause the Schedule 14D-9 and the Schedule 13E-3 to be prepared and filed with the SEC and disseminated to the holders of Company Common Stock Shareholders, in each case as and to the extent required by United States federal securities Laws, including Rule 14d-9 and Rule 13E-3 under the Exchange Act. Each of Parent and Merger Sub shall promptly furnish or otherwise make available to the Company or the Company’s legal counsel upon request all information concerning Parent and Merger Sub that is required by the Exchange Act or other applicable Law to be set forth in the Schedule 14D-9 or 14D-9. The Company, on the Schedule 13E-3 one hand, and all other information concerning Parent and Merger Sub that may be reasonably requested Sub, on the other hand, agree to promptly correct any material information provided by the Company it for inclusion use in the Schedule 14D-9 or the Schedule 13E-3. Each of the Company, Parent, and Merger Sub shall promptly correct any information supplied by it or on its behalf for inclusion or incorporation by reference in the Schedule 14D-9 or the Schedule 13E-3 if and to the extent that such information shall have become false or misleading in any material respect, and the respect or as otherwise required by applicable Law. The Company shall further agrees to take all steps necessary and use all reasonable efforts to promptly amend or supplement the Schedule 14D-9 or the Schedule 13E-3 and to cause the Schedule 14D-9 or the Schedule 13E-3 14D-9, as so amended or supplemented corrected (if applicable), to be filed with the SEC and disseminated to the holders of Company Common StockShareholders, in each case as soon as and to the extent required by applicable Lawthe Exchange Act. The Except with respect to matters relating to Superior Proposals or any Company Adverse Recommendation Change (which are governed by Section 7.3), the Company shall promptly notify Parent and Merger Sub upon the receipt of any comments from the SEC, or any request from the SEC for amendments or supplements, to the Schedule 14D-9 or the Schedule 13E-314D-9, and shall promptly provide Parent and Merger Sub with copies of all written correspondence and summaries of all material oral communications between the Company and its representatives, on the one hand, and the SEC, on the other hand. Prior to the filing of the Schedule 14D-9 (including any general amendments or the Schedule 13E-3 and supplements thereto but excluding any amendment amendments filed in connection with a Superior Proposal or supplement thereto (that does not contain or relate to an Company Adverse Recommendation ChangeChange (which are governed by Section 7.3)) with the SEC or dissemination thereof to the holders of Company Common StockShareholders, or responding to any comments of the SEC with respect to the Schedule 14D-9 but excluding any comments relating to a Superior Proposal or the Schedule 13E-3Company Adverse Recommendation Change (which are governed by Section 7.3), the Company shall provide Parent, Merger Sub and their counsel a reasonable opportunity to review and comment on the such Schedule 14D-9 or the Schedule 13E-3 or amendment or supplement or response, and the Company shall give reasonable consideration to any such comments. Unless the Offer has been terminated in accordance with the terms of this Agreement, in the event that the Company receives any comments from the SEC or its staff with respect to the Schedule 14D-9 or the Schedule 13E-3, then it shall use its commercially reasonable efforts to respond promptly to such comments.
(c) The Schedule 14D-9 shall also reflect that the Merger is governed by Section 251(h) of the DGCL and contain and constitute the notice to holders of Company Common Stock of the availability of appraisal rights in connection with the Merger required to be delivered to such holders by Section 262(d) of the DGCL. The Company shall set the record date for the holders of Company Common Stock to receive such notice of appraisal rights as the same date as the Stockholder List Date and shall disseminate the Schedule 14D-9 including such notice of appraisal rights to such holders to the extent required by Section 262(d) of the DGCL provided, that, such record date will not be more than ten (10) calendar days prior to the date that the Schedule 14D-9 is first mailed. The Company hereby consents to the inclusion of the Company Board Recommendation in the Offer Documents and, absent an Adverse Recommendation Change, to the inclusion of a copy of the Company Recommendation contained in the Schedule 14D-9 with the Offer Documents mailed or furnished to the holders of Company Common Stock14D-9.
(db) The In connection with the Offer, the Company shall, shall promptly furnish or shall cause its transfer agent to, furnish to be furnished to Parent and Merger Sub and or their agents promptly (and in any event within five (5) Business Days) after the date of this Agreement and from time to time thereafter as requested by Parent or Merger Sub with mailing labels and any available listings or computer files containing the names and addresses of the record holders or beneficial owners of Company Common Stock the Shares as of the latest most recent practicable date and of those persons becoming record holders subsequent to such date, together with copies of all lists of stockholders, security position listings and computer files any non-objecting beneficial ownership lists, and all other information in the Company’s possession or control regarding the beneficial owners of Company Common Stock, in each case as of the latest date practicable, and shall promptly furnish to Parent and Merger Sub with such other information and assistance (including periodically updated lists of stockholdersrecord holders or beneficial owners of the Shares, from time to time upon Parent's, Merger Sub's or either of their respective agents' request, and the addresses, mailing labels and lists of security position listings and computer filespositions of such record holders or beneficial owners) as Parent or Parent, Merger Sub or their agents may reasonably request in connection with for the Offer. The date purpose of communicating the list of stockholders used to determine the Persons to whom Offer and the Offer Documents to the record holders and beneficial owners of the Schedule 14D-9 are first disseminated is referred to as the “Stockholder List Date.” Shares. Subject to the requirements of applicable Law, and except for such steps as are necessary to disseminate the Offer Documents and any other documents necessary to consummate the Offer, the Merger Transactionsand the other transactions contemplated hereby, Parent and Merger Sub and their representatives shall use hold in confidence the information contained in any such labels, listings and files and shall use such information only in connection with the Offer and the Merger Transactions, shall treat such information and materials in accordance with the terms and conditions of the Confidentiality Agreement, and, if this Agreement is shall be terminated, shall promptly deliver (and shall use their respective reasonable best efforts to cause their agents and the Parent Representatives to deliver) to the Company or shall destroy all copies and any extract or summaries of such information then in their possession or under their control promptly upon control. In addition, in connection with the written request of Offer, the CompanyCompany shall cause the Company Representatives to cooperate with Parent and Merger Sub to disseminate the Offer Documents to Shareholders held in or subject to any Company Benefit Plan, and to permit such Shareholders to tender such Shares in the Offer, to the extent permitted by applicable Law and the applicable Company Benefit Plan.
Appears in 1 contract
Samples: Merger Agreement (Official Payments Holdings, Inc.)
Company Actions. (a) The Company hereby approves of and consents Schedule 14D-9. Subject to the OfferSection 7.1(b), the Merger and the other Merger Transactions and consents to the inclusion in as promptly as practicable on the Offer Documents of the Company Board Recommendation.
(b) On the date the Offer Documents are filed with the SECCommencement Date, the Company shall, concurrently with following the filing of the Schedule TOOffer Documents, the Company shall (i) file with the SEC a Tender Offer Solicitation/Recommendation Statement on Schedule 14D-9 with respect to the Offer (together with all amendments and supplements thereto and including exhibits thereto, including, if applicable, a Rule 13E-3 transaction statement on Schedule 13E-3 (together with any exhibits, amendments thereof or supplements thereto, the “Schedule 13E-3”), the “Schedule 14D-9”) containing, subject to Section 5.3, that shall reflect the Company Board Recommendation and shall include the fairness opinion of the Company’s financial advisor referenced in Section 4.21 and the notice and other information required by Section 262(d)(2) of the DGCL and (ii) cause the Schedule 14D-9 and the Schedule 13E-3 related documents to be disseminated to the holders of Company Common Stock Shares as and to the extent required by United States federal securities applicable Laws, including Rule 14d-9 and Rule 13E-3 under by setting the Exchange Act. Each Stockholder List Date as the record date for purposes of Parent and Merger Sub shall promptly furnish or otherwise make available to receiving the Company or the Company’s legal counsel upon request all information concerning Parent and Merger Sub that is notice required by Section 262(d)(2) of the DGCL. The Company agrees that it shall cause the Schedule 14D-9 to (x) comply in all material respects with the Exchange Act or and other applicable Law Laws and (y) on the date first filed with the SEC and on the date first disseminated to holders of Shares, not contain any untrue statement of a material fact or omit to state any material fact required to be set forth stated therein or necessary in order to make the Schedule 14D-9 or statements therein, in light of the Schedule 13E-3 and all other information concerning Parent and Merger Sub circumstances under which they were made, not misleading; provided, however, that may be reasonably requested no covenant is made by the Company for inclusion in the Schedule 14D-9 or the Schedule 13E-3. Each of the Company, Parent, and Merger Sub shall promptly correct any with respect to information supplied by it or on its behalf of Parent or Merger Sub specifically for inclusion or incorporation by reference in the Schedule 14D-9 14D-9. Each of Parent, Merger Sub and the Company agrees to respond promptly to any comments (including oral comments) of the SEC or its staff and to promptly correct any information provided by it for use in the Schedule 13E-3 14D-9 if and to the extent that such information shall have become false or misleading in any material respect, and the Company shall further agrees to take all steps necessary and use all reasonable efforts to promptly amend or supplement the Schedule 14D-9 or the Schedule 13E-3 and to cause the Schedule 14D-9 or the Schedule 13E-3 as so amended or supplemented corrected to be filed with the SEC and to be disseminated to the holders of Company Common StockShares, in each case as soon as and to the extent required by applicable LawLaws. The Company Parent and Merger Sub shall promptly notify Parent upon the receipt of any comments from the SEC, furnish or any request from the SEC for amendments or supplements, otherwise make available to the Schedule 14D-9 Company or the Schedule 13E-3, and shall promptly provide Company’s legal counsel all information concerning Parent or Merger Sub that may be required or reasonably requested in connection with copies of all written correspondence and summaries of all material oral communications between the Company any action contemplated by this Section 1.2(a). Parent and its representatives, on the one hand, and the SEC, on the other hand. Prior to the filing of the Schedule 14D-9 or the Schedule 13E-3 and any amendment or supplement thereto (that does not contain or relate to an Adverse Recommendation Change) with the SEC or dissemination thereof to the holders of Company Common Stock, or responding to any comments of the SEC with respect to the Schedule 14D-9 or the Schedule 13E-3, the Company counsel shall provide Parent, Merger Sub and their counsel a be given reasonable opportunity to review and comment on the Schedule 14D-9 (including any response to any comments (including oral comments) of the SEC or its staff with respect thereto) prior to the Schedule 13E-3 or amendment or supplement or responsefiling thereof with the SEC, and the Company shall give reasonable consideration to any such comments made by Parent or its counsel. The Company agrees to provide Parent and its counsel with any comments (including oral comments. Unless the Offer has been terminated in accordance with the terms of this Agreement, in the event that ) the Company receives any comments or its counsel may receive from the SEC or its staff with respect to the Schedule 14D-9 or the Schedule 13E-3, then it shall use its commercially reasonable efforts to respond promptly to such comments.
(c) The Schedule 14D-9 shall also reflect that the Merger is governed by Section 251(h) of the DGCL and contain and constitute the notice to holders of Company Common Stock of the availability of appraisal rights in connection with the Merger required to be delivered to such holders by Section 262(d) of the DGCL. The Company shall set the record date for the holders of Company Common Stock to receive such notice of appraisal rights as the same date as the Stockholder List Date and shall disseminate the Schedule 14D-9 including such notice of appraisal rights to such holders to the extent required by Section 262(d) of the DGCL provided, that, such record date will not be more than ten (10) calendar days prior to the date that the Schedule 14D-9 is first mailed. The Company hereby consents to the inclusion of the Company Board Recommendation in the Offer Documents and, absent an Adverse Recommendation Change, to the inclusion of a copy of the Schedule 14D-9 with the Offer Documents mailed or furnished to the holders of Company Common Stock.
(d) The Company shall, or shall cause its transfer agent to, furnish Parent and Merger Sub and their agents promptly (and in any event within five (5) Business Days) after the date of this Agreement and from time to time thereafter as requested by Parent or Merger Sub with mailing labels containing the names and addresses of the record holders of Company Common Stock as of the latest practicable date and receipt of those persons becoming record holders subsequent to such date, together with copies of all lists of stockholders, security position listings and computer files any non-objecting beneficial ownership lists, and all other information in the Company’s possession or control regarding the beneficial owners of Company Common Stock, in each case as of the latest date practicable, and shall promptly furnish to Parent and Merger Sub such other information and assistance comments (including periodically updated lists of stockholders, security position listings and computer files) as Parent or Merger Sub may reasonably request in connection with the Offer. The date of the list of stockholders used to determine the Persons to whom the Offer Documents and the Schedule 14D-9 are first disseminated is referred to as the “Stockholder List Dateoral comments).” Subject to the requirements of applicable Law, and except for such steps as are necessary to disseminate the Offer Documents and any other documents necessary to consummate the Merger Transactions, Parent and Merger Sub and their representatives shall use the information contained in any such labels, listings and files only in connection with the Merger Transactions, shall treat such information and materials in accordance with the terms and conditions of the Confidentiality Agreement, and, if this Agreement is terminated, shall destroy all copies of such information then in their possession or under their control promptly upon the written request of the Company.
Appears in 1 contract