Common use of Permit Clause in Contracts

Permit. The California Commissioner of Corporations shall have issued a permit declaring the Permit Application, Hearing Request and Hearing Notice with respect to the Merger effective or the issuance of the Parent Common Stock in connection with the Merger shall have been registered pursuant to a Form S-4 declared effective by the SEC.

Permit. The California Commissioner of Corporations shall have issued a permit declaring the Permit Application, Hearing Request and Hearing Notice with respect to the Merger effective or the issuance of the Parent Macromedia Common Stock in connection with the Merger shall have been registered pursuant to a Form S-4 registration statement declared effective by the SEC.

Permit. The California Commissioner of Corporations shall have issued a permit declaring the Permit Application, Hearing Request and Hearing Notice with respect to the Merger effective effective, or the issuance of the Parent Common Stock in connection with the Merger shall have been registered pursuant to a Form an S-4 Registration Statement declared effective by the SEC.

Permit. The California Commissioner of Corporations shall have issued a permit declaring the Permit Application, Hearing Request and Hearing Notice with respect to the Merger effective or the issuance of the Parent Common Stock in connection with the Merger shall have been registered pursuant to a Form S-4 declared effective by the SECeffective.

Permit. The California Commissioner of Corporations shall have issued a permit declaring the Permit Application, Hearing Request and Hearing Notice with respect to the Merger effective or the issuance of the Parent Macromedia Common Stock in connection with the Merger shall have been registered pursuant to a Form S-4 registration statement declared effective by the Securities and Exchange Commission (the "SEC").

Permit. The California Commissioner of Corporations shall have issued a permit declaring the Permit Application, Hearing Request and Hearing Notice with respect to the Merger effective or the issuance of the Parent Common Stock in connection with the Merger shall have been registered pursuant to a Form S-4 registration statement declared effective by the SEC.

Permit. The California Commissioner of Corporations shall have ------ issued a permit declaring the Permit Application, Hearing Request Request, and Hearing Notice effective with respect to the Merger effective or the issuance of the Parent Common Stock in connection with the Merger shall have been registered pursuant to a Form S-4 declared effective by the SECMerger.