Common use of Potential Termination Clause in Contracts

Potential Termination. If the Merger Agreement is terminated prior to the Merger, then this Agreement shall automatically terminate and the Stock Option Agreements indentified on Table A shall continue in full force and effect pursuant to their terms.

Appears in 3 contracts

Samples: Merger Agreement (Carolina Financial Corp), Merger Agreement (Carolina Financial Corp), Merger Agreement (Congaree Bancshares Inc)

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Potential Termination. If the Merger Agreement is terminated prior to the Merger, then this Agreement shall automatically terminate and the Stock Option Agreements Option(s) indentified on Table A shall continue in full force and effect pursuant to their terms.

Appears in 1 contract

Samples: Stock Option Cancellation Agreement (Span America Medical Systems Inc)

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