Common use of Plan or Series of Related Transactions Clause in Contracts

Plan or Series of Related Transactions. For a period of two (2) years from the Distribution Date, none of AOUT, its affiliates, or any of their respective officers, directors or authorized agents will enter into any agreement, understanding or arrangement or any substantial negotiations with respect to any transaction or series of transactions, including any issuance or transfer of an option (within the meaning of Section 355(e) of the Code), that is for purposes of Section 355(e) of the Code and the Treasury Regulations thereunder (including, for purposes of this Section 3.02(d), any proposed income tax regulations to the extent no final or temporary income tax regulations have been issued that supersede such proposed regulations), part of a plan or series of related transactions with the Distribution pursuant to which one or more Persons acquire, directly or indirectly, stock possessing fifty percent (50%) or more of the total combined voting power or value of all classes of stock of AOUT.

Appears in 4 contracts

Samples: Tax Matters Agreement (Smith & Wesson Brands, Inc.), Tax Matters Agreement (American Outdoor Brands, Inc.), Tax Matters Agreement (American Outdoor Brands, Inc.)

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Plan or Series of Related Transactions. For a period of two (2) years from the Distribution Date, none of AOUTCryptyde, its affiliates, or any of their respective officers, directors or authorized agents will enter into any agreement, understanding or arrangement arrangement, or any substantial negotiations with respect to any transaction or series of transactions, including any issuance or transfer of an option (within the meaning of Section 355(e) of the Code), that is for purposes of Section 355(e) of the Code and the Treasury Regulations thereunder (including, for purposes of this Section 3.02(d), any proposed income tax regulations to the extent no final or temporary income tax regulations have been issued that supersede such proposed regulations), part of a plan or series of related transactions with the Distribution pursuant to which one or more Persons acquire, directly or indirectly, stock possessing fifty percent (50%) or more of the total combined voting power or value of all classes of stock of AOUTCryptyde.

Appears in 2 contracts

Samples: Tax Matters Agreement (Cryptyde, Inc.), Tax Matters Agreement (Cryptyde, Inc.)

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Plan or Series of Related Transactions. For a period of two (2) years from the Distribution Date, none of AOUTCryptyde, its affiliates, or any of their respective officers, directors or authorized agents will enter into any agreement, understanding or arrangement or any substantial negotiations with respect to any transaction or series of transactions, including any issuance or transfer of an option (within the meaning of Section 355(e) of the Code), that is for purposes of Section 355(e) of the Code and the Treasury Regulations thereunder (including, for purposes of this Section 3.02(d), any proposed income tax regulations to the extent no final or temporary income tax regulations have been issued that supersede such proposed regulations), part of a plan or series of related transactions with the Distribution pursuant to which one or more Persons acquire, directly or indirectly, stock possessing fifty percent (50%) or more of the total combined voting power or value of all classes of stock of AOUTCryptyde.

Appears in 1 contract

Samples: Tax Matters Agreement (Cryptyde, Inc.)

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