Termination of Company Stock Plans. As of the Effective Time, all Company Stock Plans shall terminate, and no further Company Options, Restricted Stock Units or other rights with respect to shares of Company Common Stock shall be granted thereunder. Prior to the Effective Time, the Company Board (or, if appropriate, a duly authorized committee thereof) shall adopt appropriate resolutions as are necessary to give effect to this Section 2.03(c).
Appears in 6 contracts
Samples: Merger Agreement (Wesco International Inc), Merger Agreement (Anixter International Inc), Merger Agreement (Wesco International Inc)
Termination of Company Stock Plans. As Prior to the Effective Time, the Company Board (or, if appropriate, any committee thereof) shall adopt resolutions that provide that, as of the Effective Time, all Company Stock Plans shall terminate, and no further Company Options, Restricted Stock Units or other rights with respect to shares of Company Common Stock Shares or any other awards shall be granted thereunder. Prior to the Effective Time, the Company Board (or, if appropriate, a duly authorized committee thereof) shall adopt appropriate resolutions as are necessary to give effect to this Section 2.03(c).
Appears in 6 contracts
Samples: Merger Agreement (Pc Tel Inc), Merger Agreement (Pc Tel Inc), Merger Agreement (Startek, Inc.)
Termination of Company Stock Plans. As of After the Effective Time, all Company Stock Plans shall terminate, be terminated and no further Company Options, Restricted Stock Units Options or other rights with respect to shares of Company Common Stock Shares shall be granted thereunder. Prior to the Effective Time, the Company Board (or, if appropriate, a duly authorized committee thereof) shall adopt appropriate resolutions as are necessary to give effect to this Section 2.03(c).
Appears in 5 contracts
Samples: Merger Agreement, Merger Agreement (Salix Pharmaceuticals LTD), Merger Agreement (Valeant Pharmaceuticals International, Inc.)
Termination of Company Stock Plans. As of After the Effective Time, all Company Stock Plans shall terminate, be terminated and no further Company Options, Restricted Stock Units Shares or other rights with respect to shares of Company Common Stock Shares shall be granted thereunder. Prior to the Effective Time, the Company Board (or, if appropriate, a duly authorized committee thereof) shall adopt appropriate resolutions as are necessary to give effect to this Section 2.03(c).
Appears in 4 contracts
Samples: Merger Agreement (Cogentix Medical Inc /De/), Merger Agreement (Vascular Solutions Inc), Merger Agreement (Teleflex Inc)
Termination of Company Stock Plans. As of After the Effective Time, all Company Stock Plans shall terminate, be terminated and no further Company Options, Restricted Stock Units Stock, Performance Shares, or other rights with respect to shares of Company Common Stock shall be granted thereunder. Prior to the Effective Time, the Company Board (or, if appropriate, a duly authorized committee thereof) shall adopt appropriate resolutions as are necessary to give effect to this Section 2.03(c).
Appears in 3 contracts
Samples: Merger Agreement, Agreement and Plan of Merger, Merger Agreement (ITC Holdings Corp.)
Termination of Company Stock Plans. As of After the Effective Time, all Company Stock Plans shall terminate, be terminated and no further Company Options, Restricted Stock Units Options or other rights with respect to shares of Company Common Stock Shares shall be granted thereunder. Prior to the Effective Time, the Company Board (or, if appropriate, a duly authorized committee thereof) shall adopt appropriate resolutions as are necessary to give effect to this Section 2.03(c).
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Dreams Inc), Merger Agreement (Dreams Inc)
Termination of Company Stock Plans. As of the Effective Time, all Company Stock Plans shall terminate, and no further Company Options, Restricted Stock Units At or other rights with respect to shares of Company Common Stock shall be granted thereunder. Prior prior to the Effective Time, the Company Board (or, if appropriate, or a duly authorized committee thereof) will adopt such resolutions and will take such other actions as shall adopt appropriate resolutions be required to ensure that, as are necessary to give effect to this Section 2.03(c)of the Effective Time, the Company Stock Plans shall terminate and no Person shall have any right under the Company Stock Plans, except as set forth herein.
Appears in 1 contract
Samples: Stock Purchase and Merger Agreement (GTC Biotherapeutics Inc)
