Common use of M&A Transaction Clause in Contracts

M&A Transaction. It is hereby agreed that the provisions of Sections 5, 6 and 8 shall not apply to a transaction in which one of the following events occurs: (i) an acquisition of the Company by means of merger (with or into another entity), reclassification of the Company’s securities, or any other form of corporate reorganization in which outstanding shares of the Company are exchanged for securities or other consideration issued, or caused to be issued, by the acquiring company or its subsidiary; or (ii) consolidations or other transactions, or series of related transactions, in which more than fifty percent (50%) of the voting power of the Company would be disposed or transferred (other than by way of an IPO).

Appears in 4 contracts

Samples: Share Purchase Agreement (Camtek LTD), Share Purchase Agreement (Camtek LTD), Shareholders Rights Agreement (Chroma Ate Inc.)

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