Common use of Rule 16b-3 Matters Clause in Contracts

Rule 16b-3 Matters. Prior to the Effective Time, the Company shall take all actions to cause any dispositions of equity securities of the Company (including any derivative securities with respect to any equity securities of the Company) pursuant to the transactions contemplated hereby by each individual who is a director or officer of the Company, and who would otherwise be subject to Rule 16b-3 under the Exchange Act, to be exempt under Exchange Act Rule 16b-3.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Sibanye Gold LTD), Agreement and Plan of Merger (Stillwater Mining Co /De/)

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Rule 16b-3 Matters. Prior to the Effective Time, the Company shall take all actions such steps as may be required or advisable to cause any dispositions of Company equity securities of the Company (including any derivative securities securities) in connection with respect to any equity securities of the Company) pursuant to the transactions contemplated hereby this Agreement by each individual who is a director or officer of the Company, and who would otherwise Company (including a director by deputization) to be subject to exempt under Rule 16b-3 promulgated under the Exchange Act, to be exempt under Exchange Act Rule 16b-3.

Appears in 2 contracts

Samples: Merger Agreement (CD&R Associates VIII, Ltd.), Merger Agreement (Emergency Medical Services CORP)

Rule 16b-3 Matters. Prior to the Effective Time, the Company shall shall, to the extent necessary, take all such actions as may be required to cause any dispositions of equity securities of the Company (including derivative securities) resulting from the Transactions by any derivative securities officer or director of the Company who is subject to the reporting requirements of Section 16(a) of the Exchange Act with respect to any equity securities of the Company) pursuant to the transactions contemplated hereby by each individual who is a director or officer of the Company, and who would otherwise be subject to Rule 16b-3 under the Exchange Act, to be exempt under Rule 16b-3 promulgated under the Exchange Act Rule 16b-3to the fullest extent permitted by Law.

Appears in 1 contract

Samples: Merger Agreement (Diplomat Pharmacy, Inc.)

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Rule 16b-3 Matters. Prior to the Effective Time, the Company shall take all actions actions, if any, as may be reasonably necessary or appropriate to cause any ensure that the dispositions and cancellations of equity securities of the Company (including any derivative securities with respect to any equity securities of the Companysecurities) pursuant to the transactions contemplated hereby Transactions by each individual any officer or director of the Company who is a director or officer subject to Section 16 of the Company, and who would otherwise be subject to Exchange Act are exempt under Rule 16b-3 promulgated under the Exchange Act, to be exempt under Exchange Act Rule 16b-3.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Saba Software Inc)

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