Common use of MCGRXXX Clause in Contracts

MCGRXXX. xx a party to a merger or consolidation with another corporation, other than a merger or consolidation which results in the voting securities of MCGRXXX xxxstanding immediately prior thereto continuing to represent (either by remaining outstanding or by being converted into voting securities of the surviving entity) a majority of the total voting power of the surviving entity outstanding immediately after such merger or consolidation; or

Appears in 4 contracts

Samples: Director's Non Qualified Stock Option Agreement (McGrath Rentcorp), Director's Non Qualified Stock Option Agreement (McGrath Rentcorp), Employee Incentive Stock Option Agreement (McGrath Rentcorp)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!