Common use of No Right to Acquire Shares Clause in Contracts

No Right to Acquire Shares. The Company shall take all actions necessary to ensure that from and after the Effective Time none of Ultimate Parent, Parent or the Surviving Corporation will be required to deliver shares of Company Common Stock or other capital stock of the Company to any Person pursuant to or in settlement of Options, Restricted Stock or Performance Shares from and after the Effective Time.

Appears in 3 contracts

Samples: Agreement and Plan of Merger, Agreement and Plan of Merger (ITC Holdings Corp.), Agreement and Plan of Merger

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No Right to Acquire Shares. The Company shall take all actions necessary to ensure that from and after the Effective Time none of Ultimate ParentTime, neither Parent or nor the Surviving Corporation will be required to deliver shares of Company Common Stock Shares or other capital stock of the Company to any Person pursuant to or in settlement of Options, Restricted Stock a Company Equity Award or Performance Shares from and after the ESPP following the Effective Time, except to the extent exercised prior to the Effective Time. For the avoidance of doubt, neither Parent nor the Surviving Corporation shall assume any Company Stock Options.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Finish Line Inc /In/), Agreement and Plan of Merger

No Right to Acquire Shares. The Company shall take all actions reasonably necessary to ensure that that, from and after the Effective Time none of Ultimate ParentTime, neither Parent or nor the Surviving Corporation will be required to deliver shares of Company Common Stock or other capital stock of the Company to any Person pursuant to or in settlement of Options, Company Restricted Stock Rights or Performance Shares from and after Shares, subject to the Effective Timeprovisions set forth in this Section 2.2.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Texas New Mexico Power Co), Agreement and Plan of Merger (Avangrid, Inc.)

No Right to Acquire Shares. The Company shall take all actions necessary to ensure that from and after the Effective Time none of Ultimate Parent, neither Parent or nor the Surviving Corporation will be required to deliver shares of Company Common Stock Shares or other capital stock of the Company to any Person pursuant to or in settlement of Options, Restricted Stock or Performance Shares from Company Options and Company Awards after the Effective Time.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Amgen Inc)

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No Right to Acquire Shares. The Company shall take all actions necessary to ensure that from and after the Effective Time none of Ultimate Parent, Parent or neither Buyer nor the Surviving Corporation will be required to deliver shares of Company Common Stock or other capital stock of the Company to any Person pursuant to or in settlement of Company Options, shares of Company Restricted Stock or Performance Shares from and after the Effective Timeany similar rights.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Intercontinentalexchange Inc)

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