Parent Funding. At the Effective Time, Parent shall deposit with the Surviving Corporation cash in the amount necessary to make the payments required under this Section 2.03. Parent shall cause the Surviving Corporation to make the payments required under this Section 2.03 within three Business Days after the Effective Time. Parent shall cause the Surviving Corporation to pay through the Payroll Agent the applicable Option Payments and RSU Payments, if any, to the holders of Company Options and RSUs, in each case, subject to Section 2.05.
Appears in 2 contracts
Sources: Merger Agreement, Merger Agreement (West Marine Inc)
Parent Funding. At the Effective Time, Parent shall deposit with the Surviving Corporation cash in the amount necessary to make the payments required under this Section 2.03. , and Parent shall cause the Surviving Corporation to make the payments required under this Section 2.03 within three Business Days as promptly as practicable after the Effective Time. Parent shall cause the Surviving Corporation to pay through the Payroll Agent the applicable Option Payments, RSU Payments, Performance Award Payments and RSU DSU Payments, if any, to the holders of Company Options Options, RSU Awards, Performance Awards and RSUs, in each caseDSU Awards, subject to Section 2.052.04.
Appears in 2 contracts
Sources: Merger Agreement (Midamerican Energy Holdings Co /New/), Merger Agreement (Nv Energy, Inc.)
Parent Funding. At the Effective Time, Parent shall deposit with the Surviving Corporation cash in the amount necessary to make the payments required under this Section 2.03. , and Parent shall cause the Surviving Corporation to make the payments required under this Section 2.03 within three Business Days as promptly as practicable after the Effective Time. Parent shall cause the Surviving Corporation to pay through the Payroll Agent the applicable Restricted Stock Payments, Option Payments, SAR Payments, RSU Payments and RSU PaymentsWarrant Payment, if any, to the holders of Shares of Restricted Stock, Company Options Options, Company SARs, RSUs and RSUsthe Warrant, in each case, subject to Section 2.05.
Appears in 1 contract
Sources: Merger Agreement (Innerworkings Inc)
Parent Funding. At the Effective Time, Parent shall deposit with the Surviving Corporation cash in the amount necessary to make the payments required under this Section 2.03. , and Parent shall cause the Surviving Corporation to make the payments required under this Section 2.03 within three (3) Business Days after the Effective Time. Parent shall cause the Surviving Corporation to pay through the Payroll Agent the applicable Option Payments, RSU Payments, DSU Payments and RSU Performance Award Payments, if any, to the holders of Company Options Options, RSUs, DSUs and RSUsPerformance Awards, in each case, subject to Section 2.05.
Appears in 1 contract
Sources: Merger Agreement (Beam Inc)
Parent Funding. At the Effective Time, Parent shall deposit with the Surviving Corporation cash in the amount necessary to make the payments required under this Section 2.032.03(a) and Section 2.03(d), if any. Parent shall cause the Surviving Corporation to make the payments required under this Section 2.03 within three Business Days pay, as promptly as practicable after the Effective Time. Parent shall cause the Surviving Corporation to pay through the Payroll Agent , the applicable Option Payments and RSU Payments, if any, to the holders of Company Non-Employee Options described in Section 2.03(a) and RSUsthe holders of RSUs described in Section 2.03(d), in each case, subject to Section 2.05.
Appears in 1 contract