Common use of No Securities Transactions Clause in Contracts

No Securities Transactions. (a) Neither Parent nor any of its Affiliates, directly or indirectly, shall engage in any transactions involving the securities of Oakmont prior to the time of the making of a public announcement of the transactions contemplated by this Agreement. Parent shall use its reasonable best efforts to require each of its officers, directors, employees, agents and representatives to comply with the foregoing requirement. (b) Neither Oakmont nor any of its Affiliates, directly or indirectly, shall engage in any transactions involving the securities of Parent prior to the time of the making of a public announcement of the transactions contemplated by this Agreement. Oakmont shall use its reasonable best efforts to require each of its officers, directors, employees, agents and representatives to comply with the foregoing requirement.

Appears in 4 contracts

Samples: Merger Agreement (Oakmont Acquisition Corp.), Merger Agreement (Brooke Corp), Agreement and Plan of Merger (Oakmont Acquisition Corp.)

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