REGISTRATION ON FORM S-8. Litronic will cause a Form S-8 registration statement ("Form S-8") to be filed under the Securities Act of 1933, as amended ("Securities Act") with respect to the Litronic Common Stock issuable upon exercise of the Assumed Options (with respect to all BIZ Options granted to persons who are eligible to receive registered shares under a Form S-8) as soon as practicable after the Closing, and will use its best efforts to maintain the effectiveness (and current status) of the Form S-8 for so long as any Assumed Options remain outstanding. Litronic will reserve a sufficient number of shares of Litronic Common Stock for issuance upon exercise of Assumed Options. With respect to those individuals, if any, who subsequent to the Merger will be subject to the reporting requirements under Section 16(a) of the Securities Exchange Act of 1934, as amended ("Exchange Act"), where applicable, Litronic shall administer those individuals' Assumed Options in a manner that complies with Rule 16b-3 promulgated under the Exchange Act.
Appears in 4 contracts
Samples: Agreement and Plan of Reorganization (Shah Kris & Geraldine Family Trust), Agreement and Plan of Reorganization (SSP Solutions Inc), Agreement and Plan of Reorganization (SSP Solutions Inc)
