Termination of Company Equity Plans. Conditional upon the Closing, the Company shall take all appropriate or necessary steps to effect the termination of each Company Equity Plan as of the Effective Time, so that following the Effective Time, there shall be no outstanding Company Equity Plans or any Company Options or Company RSUs.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Zayo Group LLC), Agreement and Plan of Merger (Abovenet Inc)
Termination of Company Equity Plans. Conditional upon The Company shall take such actions that it deems necessary or appropriate so that, as of the ClosingAcceptance Time, the Company shall take all appropriate or necessary steps to effect the termination of each Company Equity Plan as of the Effective Time, so that following the Effective Time, there Plans shall be terminated and no outstanding further shares of Company Equity Plans Common Stock, Company Options, Company Restricted Stock, Company RSUs or any other rights with respect to shares of Company Options or Company RSUsCommon Stock shall be granted thereunder.
Appears in 1 contract
Termination of Company Equity Plans. Conditional upon the Closing, the Company shall take all appropriate or necessary steps to effect the termination of each Company Equity Plan as of the Effective Time, so that following as of the Effective Time, there shall be no outstanding Company Equity Plans or any Plans, Company Options or Company RSUsRSUs (other than the rights to receive the cash payments contemplated by this Section 1.9) and the Company Restricted Shares shall be treated as contemplated by Section 1.5.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Sun Healthcare Group Inc)
