Common use of No Adjustment Under Certain Circumstances Clause in Contracts

No Adjustment Under Certain Circumstances. Unless determined otherwise by the Administrator, no adjustment or action described in this Article VIII or in any other provision of the Plan shall be authorized to the extent that such adjustment or action would cause the Section 423 Component of the Plan to fail to satisfy the requirements of Section 423 of the Code.

Appears in 3 contracts

Samples: Merger Agreement (DFP Healthcare Acquisitions Corp.), Transaction Agreement (Horizon Acquisition Corp), Business Combination Agreement (Ascendant Digital Acquisition Corp.)

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No Adjustment Under Certain Circumstances. Unless determined otherwise by the Administrator, no No adjustment or action described in this Article VIII or in any other provision of the Plan shall be authorized to the extent that such adjustment or action would cause the Section 423 Component of the Plan to fail to satisfy the requirements of Section 423 of the Code.

Appears in 2 contracts

Samples: Business Combination Agreement (L&F Acquisition Corp.), Merger Agreement (Locust Walk Acquisition Corp.)

No Adjustment Under Certain Circumstances. Unless determined otherwise by the Administrator, no No adjustment or action described in this Article VIII or in any other provision of the Plan shall be authorized to the extent that such adjustment or action would cause the Section 423 Component of the Plan to fail to satisfy the requirements of Section 423 of the Code.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (FTAC Olympus Acquisition Corp.)

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No Adjustment Under Certain Circumstances. Unless determined otherwise by the Administrator, no adjustment or action described in this Article VIII or in any other provision of the Plan shall be authorized to the extent that such adjustment or action would cause the Section 423 Component of the Plan to fail to satisfy the requirements of Section 423 of the Code.

Appears in 1 contract

Samples: Merger Agreement (Northern Genesis Acquisition Corp. II)

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