Effect of Termination of Merger Agreement. This Amendment shall terminate automatically and be of no further force and effect from and after any termination of the Merger Agreement, whereupon the Rights Agreement shall automatically be the same as it existed immediately prior to the execution and delivery of this Amendment; provided that for the avoidance of doubt, such termination of this Amendment shall not affect the validity and effect of this Amendment prior to such termination. In the event of any termination of the Merger Agreement, the Company shall promptly deliver to the Rights Agent a notice of such termination.
Effect of Termination of Merger Agreement. In the event that the closing of the transactions contemplated in the Merger Agreement do not occur, this Agreement shall expire and be of no further force or effect from and after the date upon which the Merger Agreement is terminated pursuant to its terms.
Effect of Termination of Merger Agreement. In the event that the Merger Agreement is terminated for any reason and the Merger does not close, the tolling of the Initial Term shall cease seven (7) days after the Resolution Date and the Employment Agreement shall otherwise remain in full force and effect.
Effect of Termination of Merger Agreement. The covenants and obligations set forth in this Agreement shall expire and be of no further force and effect upon termination of the Merger Agreement under Section 8.1 thereof.
Effect of Termination of Merger Agreement. Notwithstanding any other provision herein to the contrary, if the Merger Agreement is terminated for any reason, then this Agreement shall be null and void, and the Initial Agreement shall continue in full force and effect as if this Agreement had never been adopted.
Effect of Termination of Merger Agreement. If the Merger Agreement (other than the provisions thereof that survive termination) is terminated or is to be terminated prior to the payment for and delivery of the Shares, the Company will release the Shareholder from its obligations under this Lock-Up Agreement.
Effect of Termination of Merger Agreement. The covenants and obligations set forth in this Agreement shall expire and be of no further force and effect upon termination of the Merger Agreement under Section 7.1 thereof. [Signature Page Follows] A-46 Table of Contents IN WITNESS WHEREOF, this Agreement has been duly executed and delivered by the Shareholder as of the day and year first above written. Name: (Please print or type)
Effect of Termination of Merger Agreement. In the event of (i) termination of this letter agreement by mutual written consent of the parties hereto or (ii) the valid termination of the Merger Agreement by either Parent or the Company as provided in Section 9.1 (Termination) of the Merger Agreement, this letter agreement shall forthwith become void and have no effect, without any liability or obligation on the part of the parties hereto, other than this Section 7 and Section 9, which provisions shall survive such termination; provided, however, that no such termination shall relieve any party hereto from any liability for any Willful Breach of, or actual fraud in connection with, this letter agreement prior to such termination. For the avoidance of doubt, unless terminated pursuant to clause (i) in the immediately preceding sentence, this letter agreement shall survive the consummation of the Merger and continue in full force and effect.
Effect of Termination of Merger Agreement. In the event of the valid termination of the Merger Agreement in accordance with its terms prior to the Effective Time, this Agreement shall become void and have no effect.
Effect of Termination of Merger Agreement. Except as set forth in 1.1.1 above and as otherwise provided in this Agreement, all further obligations of the parties to the Merger Agreement to each other shall terminate, no party shall have any right against the other party thereto.