Common use of Monsanto Rights Agreement Clause in Contracts

Monsanto Rights Agreement. The Board of Directors of Monsanto has approved the New Monsanto Rights Agreement. Pursuant to the terms of the Rights Agreement and the New Monsanto Rights Agreement, none of PNU, Merger Sub or any of their respective affiliates shall become an "Acquiring Person", and no "Share Acquisition Date" or "Distribution Date" (as such terms are defined in the Monsanto Rights Agreement and the New Monsanto Rights Agreement) will occur, by reason of the approval, execution or delivery of this Agreement, the Monsanto Stock Option Agreement or the consummation of the transactions contemplated hereby and thereby.