Rule 16b-3. Prior to the Effective Time, the Company may take such actions as may be necessary to cause dispositions of equity securities of the Company (including derivative securities) pursuant to the transactions contemplated by this Agreement by any officer or director of the Company who is subject to Section 16 of the Exchange Act to be exempt under Rule 16b-3 promulgated under the Exchanges Act in accordance with the procedures set forth in such Rule 16b-3 and the Skadden, Arps, Slate, Xxxxxxx & Xxxx LLP SEC No-Action Letter (January 12, 1999).
Appears in 5 contracts
Samples: Merger Agreement, Merger Agreement (Huntsman CORP), Merger Agreement (Meadow Valley Corp)
Rule 16b-3. Prior to the Effective Time, the Company may take such actions as may be necessary to cause dispositions of equity securities of the Company (including derivative securities) pursuant to the transactions contemplated by this Agreement by any officer or director of the Company who is subject to Section 16 of the Exchange Act to be exempt under Rule 16b-3 promulgated under the Exchanges Exchange Act in accordance with the procedures set forth in such Rule 16b-3 and the Skadden, Arps, Slate, Xxxxxxx & Xxxx LLP SEC No-Action Letter (January 12, 1999).
Appears in 3 contracts
Samples: Merger Agreement (Sm&A), Merger Agreement (Huntsman International LLC), Merger Agreement (Hexion Specialty Chemicals, Inc.)
Rule 16b-3. Prior to the Effective Time, the Company may take such actions as may be necessary to cause dispositions of equity securities of the Company (including derivative securities) pursuant to the transactions contemplated by this Agreement Transactions by any officer or director of the Company who is subject to Section 16 of the Exchange Act to be exempt under Rule 16b-3 promulgated under the Exchanges Exchange Act in accordance with the procedures set forth in such Rule 16b-3 and the Skadden, Arps, Slate, Xxxxxxx Mxxxxxx & Xxxx Fxxx LLP SEC No-Action Letter (January 12, 1999).
Appears in 2 contracts
Samples: Merger Agreement (Energy XXI Gulf Coast, Inc.), Merger Agreement (Energy Xxi (Bermuda) LTD)
Rule 16b-3. Prior to the Effective Time, the Company may take such actions as may be steps reasonably necessary to cause dispositions of equity securities of the Company Shares (including derivative securities) pursuant to the transactions contemplated by this Agreement by any each individual who is a director or officer or director of the Company who is subject to Section 16 of the Exchange Act to be exempt under Rule 16b-3 promulgated under the Exchanges Act thereunder in accordance with the procedures set forth in such Rule 16b-3 and the Skadden, Arps, Slate, Xxxxxxx & Xxxx LLP SEC rule or under that certain No-Action Letter (dated January 12, 1999)1999 issued by the SEC regarding such matters.
Appears in 2 contracts
Samples: Merger Agreement (Pogo Producing Co), Merger Agreement (Plains Exploration & Production Co)
Rule 16b-3. Prior Notwithstanding anything in this Agreement to the contrary, prior to the Effective Time, the Company may take such actions as may be necessary to cause dispositions of equity securities of the Company (including derivative securities) pursuant to the transactions contemplated by this Agreement by any officer or director of the Company who is subject to Section 16 of the Exchange Act to be exempt under Rule 16b-3 promulgated under the Exchanges Exchange Act in accordance with the procedures set forth in such Rule 16b-3 and the Skadden, Arps, Slate, Xxxxxxx & Xxxx LLP SEC No-Action Letter (January 12, 1999).
Appears in 2 contracts
Samples: Merger Agreement (Smith & Wollensky Restaurant Group Inc), Merger Agreement (Reddy Ice Holdings Inc)
Rule 16b-3. Prior to the Effective Time, the Company may take such actions as may be necessary to cause dispositions of equity securities of the Company (including derivative securities) pursuant to the transactions contemplated by this Agreement by any officer or director of the Company who is subject to Section 16 of the Exchange Act to be exempt under Rule 16b-3 promulgated under the Exchanges Exchange Act in accordance with the procedures set forth in such Rule 16b-3 and the Skadden, Arps, Slate, Xxxxxxx & Xxxx LLP SEC No-Action Letter (January 12, 1999)16b-3.
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Rule 16b-3. Prior to the Effective Time, the Company may take such actions as may be necessary to cause dispositions of equity securities of the Company (including derivative securities) pursuant to the transactions contemplated by this Agreement Transactions by any officer or director of the Company who is subject to Section 16 of the Exchange Act to be exempt under Rule 16b-3 promulgated under the Exchanges Exchange Act in accordance with the procedures set forth in such Rule 16b-3 and the Skadden, Arps, Slate, Xxxxxxx & Xxxx LLP SEC No-Action Letter (January 12, 1999).
Appears in 1 contract
Rule 16b-3. Prior to the Effective Time, the Company may shall take such actions as may be necessary or advisable to cause dispositions of equity securities of the Company (including derivative securities) pursuant to the transactions contemplated by this Agreement by any officer or director of the Company who is subject to Section 16 of the Exchange Act to be exempt under Rule 16b-3 promulgated under the Exchanges Act in accordance with the procedures set forth in such Rule 16b-3 and the Skadden, Arps, Slate, Xxxxxxx & Xxxx LLP SEC No-Action Letter (January 12, 1999).
Appears in 1 contract
Samples: Merger Agreement (Lodgian Inc)
Rule 16b-3. Prior to the Effective Time, the Company may shall take such actions steps as may be necessary required by applicable Law to cause dispositions of Company equity securities of the Company (including derivative securities) pursuant to the transactions contemplated Merger by this Agreement by any each individual who is a director or officer or director of the Company who is subject to Section 16 of the Exchange Act to be exempt under Rule 16b-3 promulgated under the Exchanges Exchange Act in accordance with the procedures set forth in such Rule 16b-3 and the Skadden, Arps, Slate, Xxxxxxx & Xxxx LLP SEC that certain No-Action Letter (dated January 12, 1999), issued by the SEC regarding such matters.
Appears in 1 contract
Rule 16b-3. Prior to the Effective Time, the Company may shall take such actions steps as may be necessary required by applicable Law to cause dispositions of Company equity securities of the Company (including derivative securities) pursuant to the transactions contemplated by this Agreement by any each individual who is a director or officer or director of the Company who is subject to Section 16 of the Exchange Act to be exempt under Rule 16b-3 promulgated under the Exchanges Exchange Act in accordance with the procedures set forth in such Rule 16b-3 and the Skadden, Arps, Slate, Xxxxxxx & Xxxx LLP SEC that certain No-Action Letter (dated January 12, 1999)1999 issued by the SEC regarding such matters.
Appears in 1 contract
