Common use of Company PSUs Clause in Contracts

Company PSUs. At the Effective Time, each Company PSU outstanding as of immediately prior to the Effective Time will automatically, without any action on the part of Parent, Merger Sub, the Company or the holder thereof, be treated as follows:

Appears in 2 contracts

Samples: Merger Agreement (Instructure Holdings, Inc.), Merger Agreement (Ping Identity Holding Corp.)

AutoNDA by SimpleDocs

Company PSUs. At the Effective Time, each Company PSU that is outstanding as of immediately prior to the Effective Time will automatically, without any action on the part of Parent, Merger Sub, the Company or the holder thereof, thereof be treated as follows:

Appears in 2 contracts

Samples: Merger Agreement (Datto Holding Corp.), Merger Agreement (Datto Holding Corp.)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!