Section 16. The Parties shall take all reasonable steps as may be required to cause the transactions contemplated by this Article III and any other acquisitions of Residential equity securities (including derivative securities) or dispositions of ALTISOURCE equity securities (including derivative securities) in connection with this Agreement by each individual who is a director or officer of ALTISOURCE or Residential subject to Section 16 of the Exchange Act to be exempt under Rule 16b-3 promulgated under the Exchange Act.
Appears in 3 contracts
Samples: Separation Agreement (Altisource Portfolio Solutions S.A.), Separation Agreement (Altisource Residential Corp), Separation Agreement (Altisource Residential Corp)
Section 16. The Parties shall take all reasonable steps as may be required to cause the transactions contemplated by this Article III and any other acquisitions of Residential AAMC equity securities (including derivative securities) or dispositions of ALTISOURCE equity securities (including derivative securities) in connection with this Agreement by each individual who is a director or officer of ALTISOURCE or Residential AAMC subject to Section 16 of the Exchange Act to be exempt under Rule 16b-3 promulgated under the Exchange Act.
Appears in 3 contracts
Samples: Separation Agreement (Altisource Portfolio Solutions S.A.), Separation Agreement (Altisource Asset Management Corp), Separation Agreement (Altisource Asset Management Corp)
Section 16. The Parties shall take all reasonable steps as may be required to cause the transactions contemplated by this Article III II and any other acquisitions of Residential ALTISOURCE equity securities (including derivative securities) or dispositions of ALTISOURCE OCWEN equity securities (including derivative securities) in connection with this Agreement or the Separation Agreement by each individual who is a director or officer of OCWEN or ALTISOURCE or Residential subject to Section 16 of the Exchange Act to be exempt under Rule 16b-3 promulgated under the Exchange Act.
Appears in 3 contracts
Samples: Employee Matters Agreement (Ocwen Financial Corp), Employee Matters Agreement (Altisource Portfolio Solutions S.A.), Employee Matters Agreement (Altisource Portfolio Solutions S.A.)
Section 16. The Parties shall take all reasonable steps as may be required to cause the transactions contemplated by this Article III II and any other acquisitions of Residential BHS equity securities (including derivative securities) or dispositions of ALTISOURCE Brink’s equity securities (including derivative securities) in connection with this Agreement or the Separation Agreement by each individual who is a director or officer of ALTISOURCE Brink’s or Residential BHS subject to Section 16 of the Exchange Act to be exempt under Rule 16b-3 promulgated under the Exchange Act.
Appears in 2 contracts
Samples: Employee Matters Agreement (Brinks Co), Employee Matters Agreement (Brink's Home Security Holdings, Inc.)
