Parent Payments. (i) Parent shall pay to the Company in immediately available funds, within two (2) business days after demand by the Company, an amount equal to $5,000,000 (the "PARENT TERMINATION FEE") if this Agreement is terminated by the Company pursuant to Section 7.1(g).
Appears in 5 contracts
Samples: Agreement and Plan of Reorganization (HMT Technology Corp), Agreement and Plan of Reorganization (Komag Inc /De/), Agreement and Plan of Reorganization (Komag Inc /De/)
Parent Payments. (i) Parent shall pay to the Company in immediately available funds, within two one (21) business days day after demand by the Companynotice of termination is delivered, an amount equal to $5,000,000 35 million (the "PARENT TERMINATION FEEParent Termination Fee") if this Agreement is terminated by the Company pursuant to Section 7.1(g)8.1(h) hereof.
Appears in 1 contract
Parent Payments. (i) Parent shall pay to the Company in immediately available funds, within two one (21) business days day after demand by the Companynotice of termination is delivered, an amount equal to $5,000,000 35 million (the "PARENT TERMINATION FEEParent Termination Fee") if this Agreement is terminated by the Company pursuant to Section 7.1(g).8.1(h) hereof. -----------
Appears in 1 contract
Samples: Amended and Restated Agreement and Plan of Merger and Reorganization (Quantum Corp /De/)
Parent Payments. (i) Parent shall pay to the Company in immediately available funds, within two one (21) business days day after demand by the Companynotice of termination is delivered, an amount equal to $5,000,000 35 million (the "PARENT TERMINATION FEEParent Termination Fee") if this Agreement is terminated by the Company pursuant to Section 7.1(g).8.1(h) hereof. --------------
Appears in 1 contract
Samples: Agreement and Plan of Merger and Reorganization (Quantum Corp /De/)
