Common use of Plan Actions Clause in Contracts

Plan Actions. Prior to the date of this Agreement, for each Company Stock Plan, the committee of the Company Board or other body authorized to administer and interpret such Company Stock Plan has made the determination and directed, in each case in accordance with the terms of such Company Stock Plan, that the Company Stock Options shall be treated as set forth in Section 1.08(a) and Section 1.08(b) of this Agreement.

Appears in 3 contracts

Samples: Merger Agreement (Timco Aviation Services Inc), Merger Agreement (Harber Lacy J), Merger Agreement (Owl Creek I Lp)

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Plan Actions. Prior to the date of this Agreement, for each Company Stock Option Plan, the committee of the Company Board or other body authorized to administer and interpret such Company Stock Option Plan has made the determination and directed, in each case in accordance with the terms of such Company Stock Option Plan, that the Company Stock Options shall be treated as set forth in Section 1.08(a) and Section 1.08(b) of this Agreement.

Appears in 1 contract

Samples: Merger Agreement (Checkers Drive in Restaurants Inc /De)

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