R E C I T. A L S WHEREAS, the board of directors of Parent (the “Parent Board”) has determined that it is in the best interests of Parent and its shareholders to create a new publicly traded company that shall operate the SpinCo Business;
Appears in 7 contracts
Samples: Separation and Distribution Agreement (3m Co), Separation and Distribution Agreement (Solventum Corp), Separation and Distribution Agreement (Solventum Corp)
R E C I T. A L S WHEREAS, the board of directors of Parent (the “Parent Board”) has determined that it is in the best interests of Parent and its shareholders stockholders to create a new publicly traded company that shall will operate the SpinCo Business;
Appears in 4 contracts
Samples: Separation and Distribution Agreement (Phinia Inc.), Separation and Distribution Agreement (General Electric Co), Separation and Distribution Agreement (GE Healthcare Holding LLC)
R E C I T. A L S WHEREAS, the board Board of directors Directors of Parent (the “Parent Board”) has determined that it is in the best interests of Parent and its shareholders stockholders to create a new publicly traded company that shall operate the SpinCo Business;
Appears in 4 contracts
Samples: Separation and Distribution Agreement (Aramark), Separation and Distribution Agreement (Vestis Corp), Separation and Distribution Agreement (Vestis Corp)
R E C I T. A L S WHEREAS, the board of directors of Parent (the “Parent Board”) has determined that it is in the best interests of Parent and its shareholders stockholders to create a new publicly traded company that shall operate the SpinCo Business;
Appears in 2 contracts
Samples: Separation and Distribution Agreement (GXO Logistics, Inc.), Separation and Distribution Agreement (GXO Logistics, Inc.)
R E C I T. A L S WHEREAS, the board of directors of Parent (the “Parent Board”) has determined that it is advisable and in the best interests of Parent and its stakeholders, including its shareholders and creditors, to create a new publicly traded company that shall operate the SpinCo Business;
Appears in 2 contracts
Samples: Master Separation Agreement (Bausch & Lomb Corp), Master Separation Agreement (Bausch Health Companies Inc.)
