Common use of Effectiveness of Agreement; Termination Clause in Contracts

Effectiveness of Agreement; Termination. Except for the terms and provisions set forth in Sections 2.1 and 7 hereof, which shall be effective as of the date hereof, no term or provision of this Agreement shall become effective until the Effective Time. This Agreement shall terminate in its entirety and be of no further force or effect upon the earlier to occur of (i) the termination of the Merger Agreement and (ii) the date upon which the rights and obligations of all of the parties hereto have either been discharged or have expired pursuant to their terms.

Appears in 4 contracts

Samples: Stockholder Agreement (Trikon Technologies Inc), Stockholder Agreement (New Athletics, Inc.), Stockholder Agreement (New Athletics, Inc.)

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