Joinder to the Merger Agreement Sample Clauses

Joinder to the Merger Agreement. (a) Stockholder hereby acknowledges and agrees that Stockholder is a Company Stockholder for all purposes of and under the Merger Agreement and, accordingly, agrees to be bound by, as fully as though Stockholder were a signatory thereto, any terms and provisions of Article I, Article VII, Section 9.01, Article X and Article XI of the Merger Agreement that apply to the Company Stockholders. Table of Contents (b) Stockholder hereby irrevocably nominates, constitutes and appoints the Stockholders Representative as Stockholder’s true and lawful agent, proxy and attorney-in-fact, with full power of substitution, to act in the name, place and stead of Stockholder for purposes of executing any documents and taking any actions that the Stockholders Representative may, in its sole discretion, determine to be necessary, desirable or appropriate within the bounds of the Stockholders Representative’s authority under the express terms of the Merger Agreement, including in connection with any claim for indemnification under Article VII of the Merger Agreement or any of the transactions contemplated thereby. The power of attorney granted under this Agreement is intended to secure an interest in property.
AutoNDA by SimpleDocs
Joinder to the Merger Agreement. Securityholder hereby acknowledges and agrees that he, she or it is a Company Stockholder for purposes of the Merger Agreement, and, accordingly, agrees to be bound by the following terms and conditions of the Merger Agreement applicable to Securityholder in the foregoing capacity, as and to the extent applicable to Securityholder, Article I of the Merger Agreement, as fully as though the Securityholder were a signatory thereto, and Securityholder further acknowledges and agrees that if Securityholder is a Participating Stockholder, Securityholder’s receipt of such Securityholder’s applicable portion of the Merger Consideration shall be subject to the terms and conditions of the Acquirer Warrant in the form attached hereto as Exhibit B (Securityholder’s obligations under this Agreement and the Merger Agreement, collectively, the “Securityholder Obligations”). Securityholder’s rights under the Merger Agreement are encumbered by and not separable from the Securityholder Obligations, and any assignee, transferee, or successor in interest to, Securityholder’s rights under the Merger Agreement, whether by contract, operation of law or otherwise, shall receive such rights subject to, and encumbered by, and be required to perform and satisfy, the Securityholder Obligations. For the avoidance of doubt, nothing in this Section 2 shall permit the assignment or transfer of any of Securityholder’s rights under the Merger Agreement to the extent not otherwise permitted by the terms and conditions of the Merger Agreement or this Agreement.
Joinder to the Merger Agreement. (a) The Undersigned Stockholder hereby acknowledges and agrees that it, he or she is a Company Securityholder for all purposes of and under the Merger Agreement and, accordingly, agrees to be bound by, solely in its, his or her capacity as a Company Securityholder as fully as though the Undersigned Stockholder were a signatory thereto, to all of the terms and provisions of the Merger Agreement that expressly apply to Company Securityholders, including but not limited Article XI of the Merger Agreement and the indemnification obligations of a Company Securityholder as set forth in the Merger Agreement (subject to the limitations set forth therein)..

Related to Joinder to the Merger Agreement

  • The Merger Agreement The following is a summary of material terms of the Merger Agreement. This summary is not a complete description of the terms and conditions thereof and is qualified in its entirety by reference to the full text thereof, which is incorporated herein by reference and a copy of which has been filed with the SEC as an exhibit to Schedule TO. The Merger Agreement may be examined, and copies thereof may be obtained, as set forth in Section 8 above.

  • Amendments to the Merger Agreement The Merger Agreement is hereby amended as follows:

  • Termination of Merger Agreement Notwithstanding anything to the contrary contained herein, in the event that the Merger Agreement is terminated in accordance with its terms prior to the Closing, this Agreement and all rights and obligations of the parties hereunder shall automatically terminate and be of no further force or effect.

  • of the Merger Agreement Section 3.5 of the Merger Agreement shall be deleted and replaced in its entirety with the following:

  • Merger Agreement The term "Merger Agreement" shall have the meaning set forth in the preface.

  • Amendment to Merger Agreement The Merger Agreement shall be amended as follows:

  • Termination of the Merger Agreement Notwithstanding anything to the contrary contained herein, in the event that the Merger Agreement is terminated in accordance with its terms prior to the Effective Time, this Agreement and all rights and obligations of the Parties hereunder shall automatically terminate and be of no further force or effect.

  • AGREEMENT AND PLAN OF MERGER THIS AGREEMENT AND PLAN OF MERGER (the "Agreement") is made and entered into as of May 15, 1997, by and between XXXXX BANKCORP, INC. ("TARGET"), a corporation organized and existing under the laws of the State of Georgia, with its principal office located in Ocilla, Georgia, and ABC BANCORP ("PURCHASER"), a corporation organized and existing under the laws of the State of Georgia, with its principal office located in Moultrie, Georgia. PREAMBLE -------- Certain terms used in this Agreement are defined in Section 10.1 hereof. The Boards of Directors of TARGET and PURCHASER are of the opinion that the transactions described herein are in the best interests of TARGET and PURCHASER and their respective shareholders. This Agreement provides for the combination of TARGET with PURCHASER pursuant to the merger of TARGET with and into PURCHASER, as a result of which the outstanding shares of the capital stock of TARGET shall be converted into the right to receive shares of common stock of PURCHASER (except as provided herein), and the shareholders of TARGET shall become shareholders of PURCHASER (except as provided herein). The transactions described in this Agreement are subject to the approvals of the shareholders of TARGET, the Board of Governors of the Federal Reserve System, the Georgia Department of Banking and Finance and the satisfaction of certain other conditions described in this Agreement. It is the intention of the parties to this Agreement that the Merger for federal income tax purposes shall qualify as a "reorganization" within the meaning of Section 368(a) of the Internal Revenue Code. Simultaneous with the Closing of the Merger, The Bank of Ocilla, a wholly- owned Georgia state bank subsidiary of TARGET, will be merged with and into The Citizens Bank of Tifton ("Citizens Bank"), a wholly-owned Georgia state bank subsidiary of PURCHASER, and will thereafter be operated as a branch of Citizens Bank.

  • Plan of Merger This Agreement shall constitute an agreement of merger for purposes of the DGCL.

  • Transaction Agreement This Amendment shall be a Transaction Agreement, as set forth in Section 2.1 of the Framework Agreement, for all purposes.

Time is Money Join Law Insider Premium to draft better contracts faster.