Common use of Termination by JIS, Judge or Acquisition Clause in Contracts

Termination by JIS, Judge or Acquisition. This Agreement may be terminated and the Merger may be abandoned by action of either the board of directors of JIS or the boards of directors of, Judge and Acquisition if (i) the Merger shall not have been consummated on or before March 31, 1997, or such later date as may be mutually agreed to by the parties hereto, provided that the party seeking to terminate this Agreement is not otherwise in breach in any material respect of any of its obligations hereunder or (ii) any court of competent jurisdiction shall have issued an order, decree or ruling or taken any other action restraining, enjoining or otherwise prohibiting the Merger and such order, decree, ruling or other action shall have become final and nonappealable.

Appears in 4 contracts

Samples: Merger Agreement (Judge Group Inc), Merger Agreement (Judge Imaging Systems Inc /), Merger Agreement (Judge Group Inc)

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