Effect of Abandonment. If the Merger is abandoned or terminated as provided for in Article VI, this Agreement shall forthwith become wholly void and of no further force or effect without liability on the part of either party to this Agreement or on the part of any officer, director, controlling person (if any), employee, counsel, agent, or stockholder thereof.
Appears in 3 contracts
Samples: Merger Agreement (Cardax, Inc.), Agreement and Plan of Merger (Cardax, Inc.), Merger Agreement (Koffee Korner Inc.)
Effect of Abandonment. If the Merger is abandoned or terminated as provided for in Article VI, this Agreement shall forthwith become wholly void and of no further force or effect without liability on the part of either party to this Agreement or on the part of any officer, director, controlling person (if any), employee, counsel, agent, or stockholder thereof. In furtherance and not in limitation of the foregoing, upon the termination of this Agreement, no Party shall have any obligation under Article VIII or otherwise under this Agreement.
Appears in 1 contract
Samples: Merger Agreement (Priced in Corp.)
