Reservation of Parent Shares. At least 48 hours prior to the Closing, Parent shall reserve a sufficient number of shares of Parent Common Stock, based on a good faith estimate of the Parent Board of Directors after a review of Sections 2.6(c) and (f) of the Company Disclosure Statement, to be available for issuance upon exercise of all of the Converted Options.
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Samples: Agreement and Plan of Merger (Polaris Acquisition Corp.), Agreement and Plan of Merger (Polaris Acquisition Corp.)
Reservation of Parent Shares. At least 48 forty-eight (48) hours prior to the Closing, Parent shall reserve a sufficient number of shares of Parent Common Stock, based on a good faith estimate of the Parent Board Parent’s board of Directors directors after a review of Sections 2.6(cSchedules 2.7(c) and (f) of the Company Disclosure StatementSchedules, to be available for issuance upon exercise of all of the Converted Options.
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Reservation of Parent Shares. At least 48 hours prior to the Closing, Parent shall reserve a sufficient number of shares of Parent Common Stock, based on a good faith estimate of the Parent Board of Directors after a review of Sections 2.6(c2.6(d) and (fg) of the Company Disclosure Statement, to be available for issuance upon exercise of all of the Converted Options.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Polaris Acquisition Corp.)
