Common use of Section 16(b) Clause in Contracts

Section 16(b). The Company shall take all steps reasonably necessary to cause the transactions contemplated by this Agreement and any other dispositions of equity securities of the Company (including derivative securities) in connection with the transactions contemplated by this Agreement by each individual who is a director or executive officer of the Company to be exempt under Rule 16b-3 promulgated under the Exchange Act.

Appears in 13 contracts

Samples: Merger Agreement (Inhibitex, Inc.), Merger Agreement (Triad Hospitals Inc), Merger Agreement (Midland Co)

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Section 16(b). The Company shall take all steps reasonably necessary to cause the transactions contemplated by this Agreement and any other dispositions of equity securities of the Company (including derivative securities) in connection with the transactions contemplated by this Agreement by each individual who is a director or executive officer (as defined in Rule 16a-1 promulgated under the Exchange Act) of the Company to be exempt under Rule 16b-3 promulgated under the Exchange Act or otherwise permitted pursuant to Section 16(b) of the Exchange Act.

Appears in 3 contracts

Samples: Merger Agreement (Dicks Sporting Goods Inc), Merger Agreement (Dicks Sporting Goods Inc), Agreement and Plan of Merger (Golf Galaxy, Inc.)

Section 16(b). The Company shall take all steps reasonably necessary to cause the transactions contemplated by this Agreement hereby and any other dispositions of equity securities of the Company (including and derivative securities) in connection with the transactions contemplated by this Agreement hereby by each individual who is a director or executive officer of the Company to be exempt under Rule 16b-3 promulgated under the Exchange Act.

Appears in 2 contracts

Samples: Merger Agreement (Industrial Logistics Properties Trust), Merger Agreement (Monmouth Real Estate Investment Corp)

Section 16(b). The Prior to the Effective Time, the Company shall take all steps reasonably necessary to cause the transactions contemplated by this Agreement and any other dispositions of equity securities of the Company (including derivative securities) in connection with the transactions contemplated by this Agreement by each individual who is a director or executive officer of the Company to be exempt under Rule 16b-3 promulgated under the Exchange Act.

Appears in 2 contracts

Samples: Merger Agreement (Crane & Co Inc), Merger Agreement (American Bank Note Holographics Inc)

Section 16(b). The Company shall take all steps reasonably necessary required to cause the transactions contemplated by this Agreement and any other dispositions of equity securities of the Company (including derivative securities) in connection with the transactions contemplated by this Agreement by each individual who is a director or executive officer of the Company 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: Merger Agreement (Shire PLC), Merger Agreement (Viropharma Inc)

Section 16(b). The Prior to the Effective Time, the Company shall take all steps reasonably necessary to cause the transactions contemplated by this Agreement hereby and any other dispositions of equity securities of the Company (including derivative securities) in connection with the transactions contemplated by this Agreement hereby by each individual who is a director or executive officer of the Company to be exempt under Rule 16b-3 promulgated under the Exchange Act.

Appears in 2 contracts

Samples: Merger Agreement (Clarcor Inc.), Merger Agreement (Parker Hannifin Corp)

Section 16(b). The Prior to the Effective Time, the Company shall take all steps actions reasonably necessary to cause the transactions contemplated by this Agreement and Agreement, including any other dispositions of equity securities of the Company (including derivative securities) in connection with the transactions contemplated by this Agreement by each individual who is a director or executive officer will be subject to the reporting requirements of Section 16(a) of the Company Exchange Act with respect to the Company, to be exempt under Rule 16b-3 promulgated under the Exchange Act.

Appears in 2 contracts

Samples: Merger Agreement (Pre Paid Legal Services Inc), Merger Agreement (Pre Paid Legal Services Inc)

Section 16(b). The Company shall take all steps reasonably necessary to cause the transactions contemplated by this Agreement and any other dispositions of equity securities of the Company (including derivative securitiessecurities with respect to equity securities of the Company) in connection with the transactions contemplated by this Agreement by each individual who is a director or executive officer of the Company who is subject to Section 16 of the Exchange Act to be exempt under Rule 16b-3 promulgated under the Exchange Act.

Appears in 1 contract

Samples: Merger Agreement (Third Wave Technologies Inc /Wi)

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Section 16(b). The Company shall take all steps reasonably necessary to cause the transactions contemplated by this Agreement and any other dispositions of equity securities of the Company (including derivative securities) in connection with the transactions contemplated by this Agreement by each individual who is a director or executive officer of the Company to be exempt under Rule 16b-3 promulgated under of the Exchange Act.

Appears in 1 contract

Samples: Merger Agreement (Clear Channel Communications Inc)

Section 16(b). The Company shall take all steps reasonably necessary to cause the transactions contemplated by this Agreement and any other dispositions of equity securities of the Company (including derivative securities) in connection with the transactions contemplated by this Agreement by each individual who is a director or executive officer of the Company to be exempt under Rule 16b-3 promulgated under the Exchange Act.

Appears in 1 contract

Samples: Merger Agreement (Harland John H Co)

Section 16(b). The Company shall take all steps reasonably necessary to cause the transactions contemplated by this Agreement hereby and any other dispositions of equity securities of the Company (including derivative securities) in connection with the transactions contemplated by this Agreement hereby by each individual who is a director or executive officer of the Company to be exempt under Rule 16b-3 promulgated under the Exchange Act.

Appears in 1 contract

Samples: Arrangement Agreement (Hub International LTD)

Section 16(b). The Company shall take all steps reasonably necessary to cause the transactions contemplated by this Agreement hereby and any other dispositions of equity securities of the Company (including derivative securities) in connection with the transactions contemplated by this Agreement by each individual who is a director or executive officer of the Company to be exempt under Rule 16b-3 promulgated under the Exchange Act.

Appears in 1 contract

Samples: Merger Agreement (Keithley Instruments Inc)

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