Options; Stock Plans. Prior to the consummation of the Offer, the Company Board (or, if appropriate, any committee thereof) shall adopt appropriate resolutions and take all other actions necessary to provide for the cancellation, effective at the Effective Time, of all the outstanding stock options (the "Options") heretofore granted under any stock option or similar plan of the Company (the "Stock Plans") or under any agreement, without any
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Samples: Merger Agreement (Western Atlas Inc), Merger Agreement (3-D Geophysical Inc)
Options; Stock Plans. Prior to the consummation of the OfferEffective Time, the Company Board (or, if appropriate, any committee thereof) shall adopt appropriate resolutions and take all other actions necessary to provide for the cancellationcancellation or exercise, effective at the Effective Time, of all the outstanding stock options or similar rights (the "Options") heretofore granted by the Company, whether under any a stock option or similar plan of the Company (the "Stock Plans") or under any agreementotherwise, without anyany payment therefor except as otherwise provided in this Section 2.
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Samples: Merger Agreement (Microtest Inc)
Options; Stock Plans. Prior to the consummation of the OfferEffective Time, the Company -------------------- Board (or, if appropriate, any committee thereof) shall adopt appropriate resolutions and take all other actions necessary to provide for the cancellationcancellation or exercise, effective at the Effective Time, of all the outstanding stock options or similar rights (the "Options") heretofore granted by the Company, whether under any a stock option or similar plan of the Company (the "Stock Plans") or under any agreementotherwise, without anyany payment therefor except as otherwise provided in this Section 2.
Appears in 1 contract
Samples: Merger Agreement (Danaher Corp /De/)
Options; Stock Plans. Prior to the consummation of the OfferEffective Time, the Company -------------------- Board (or, if appropriate, any committee thereof) shall adopt appropriate resolutions and take all other actions necessary to provide for the cancellation, effective at the Effective Time, of all the outstanding stock options or similar rights (the "Options") heretofore granted under any stock option or similar plan of the Company (the "Stock Plans") or under any agreementand the Warrants (as defined below), without anyany payment therefor except as otherwise provided in this Section 2.
Appears in 1 contract
Samples: Merger Agreement (Danaher Corp /De/)
Options; Stock Plans. Prior to the consummation of the OfferEffective Time, the -------------------- Company Board (or, if appropriate, any committee thereof) shall adopt appropriate resolutions and take all other actions necessary to provide for the cancellationcancellation or exercise, effective at the Effective Time, of all the outstanding stock options or similar rights (the "Options") heretofore granted under any stock option or similar plan of the Company (the "Stock Plans") or under any agreement), without anyany payment therefor except as otherwise provided in this Section 2.
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