Common use of Company Affiliates Clause in Contracts

Company Affiliates. Company shall deliver to Parent a letter identifying all persons who are, at the time the Merger is submitted to a vote of the stockholders of Company, possible "affiliates" of Company for purposes of Rule 145 under the Securities Act. Company shall cause each person who is identified as a possible "affiliate" in such letter to deliver to Parent on or prior to the Effective Time a written statement in the form of Exhibit 5.16 (the "Affiliates Letter"). Parent shall be entitled to place legends on any certificates of Parent Class A Common Stock issued to such possible affiliates to restrict transfer of such shares as set forth above.

Appears in 2 contracts

Samples: Merger Agreement (Cruise America Inc), Merger Agreement (Budget Group Inc)

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Company Affiliates. Company shall deliver to Parent a letter identifying all persons who are, at the time the Merger is submitted to a vote of the stockholders shareholders of Company, possible "affiliates" of Company for purposes of Rule 145 under the Securities Act. Company shall cause each person who is identified as a possible "affiliate" in such letter to deliver to Parent on or prior to the Effective Time a written statement in the form of Exhibit 5.16 (the "Affiliates Letter"). Parent shall be entitled to place legends on any certificates of Parent Class A Common Stock issued to such possible affiliates to restrict transfer of such shares as set forth above.

Appears in 2 contracts

Samples: Merger Agreement (American Express Co), Merger Agreement (Rockford Industries Inc)

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