RELEASE OF PROMOTIONAL SECURITIES. (a) In the event of a dissolution, liquidation, merger, consolidation, reorganization, sale or exchange of the Issuer's assets or securities (including by way of tender offer), or any other transaction or proceeding with a person who is not a Promoter, which results in the distribution of the Issuer's assets or securities ("Distribution"), while this Agreement remains in effect, the Depositors agree that:
Appears in 5 contracts
Samples: Promotional Shares Escrow Agreement (Advantage Marketing Systems Inc/Ok), Promotional Shares Escrow Agreement (Advantage Marketing Systems Inc/Ok), Promotional Shares Escrow Agreement (Vialink Co)