Common use of Section 16 of the Exchange Act Clause in Contracts

Section 16 of the Exchange Act. Prior to the Effective Time, the Company will take all such steps as may be required to cause any dispositions of the Company equity securities (including derivative securities with respect to Common Stock) resulting from the transactions contemplated by this Agreement by each individual who is subject to the reporting requirements of Section 16(a) of the Exchange Act to be exempt under Rule 16b-3 promulgated under the Exchange Act.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Usg Corp), Merger Agreement (Gebr. Knauf Verwaltungsgesellschaft Kg)

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Section 16 of the Exchange Act. Prior to the Effective TimeClosing, the Company will take all such steps as may be required or advisable to cause any dispositions of the Company equity securities Company’s Securities (including derivative securities Securities with respect to Common Stock) resulting from the transactions contemplated by this Agreement Agreement, including the Merger, by each individual who is subject to the reporting requirements of Section 16(a) of the Exchange Act to be exempt under Rule 16b-3 promulgated under the Exchange Act.

Appears in 1 contract

Samples: Merger Agreement (Cardiovascular Systems Inc)

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Section 16 of the Exchange Act. Prior to the Effective Time, the Company will may take all such steps as may be required reasonably necessary to cause any dispositions of the Company equity securities Common Stock (including derivative securities with respect to Company Common Stock) directly resulting from the transactions contemplated by this Agreement Merger by each individual who is will be subject to the reporting requirements of Section 16(a) of the Exchange Act with respect to the Company immediately prior to the Effective Time to be exempt under Rule 16b-3 promulgated under the Exchange Act.

Appears in 1 contract

Samples: Merger Agreement (Delta Natural Gas Co Inc)

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