Effect of a Merger, Consolidation or Liquidation. Subject to Sections 6 and 9 hereof, upon the effective date of (i) the liquidation or dissolution of the Company or (ii) a merger or consolidation of the Company, the Grant shall continue in effect in accordance with its terms.
Appears in 3 contracts
Samples: Stock Appreciation Rights Agreement (Plains Exploration & Production Co), Stock Appreciation Rights Agreement (Plains Exploration & Production Co), Stock Appreciation Rights Agreement (Plains Exploration & Production Co)
Effect of a Merger, Consolidation or Liquidation. Subject to Sections 6 and 9 hereof, upon the effective date of (i) the liquidation or dissolution of the Company or (ii) a merger or consolidation of the Company, the Grant Award shall continue in effect in accordance with its terms.
Appears in 1 contract
Samples: Stock Appreciation Rights Agreement (Plains Exploration & Production Co)
