Section 16 of the Exchange Act. Prior to the Effective Time, the Company shall take all reasonable actions intended to cause any dispositions of shares of Company Common Stock in 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, as described in the No-Action Letter dated January 12, 1999, issued by the SEC to Skadden, Arps, Slate, Xxxxxxx & Xxxx LLP.
Appears in 6 contracts
Samples: Merger Agreement (Superior Well Services, INC), Merger Agreement (Nabors Industries LTD), Merger Agreement (CF Industries Holdings, Inc.)
