Common use of Termination of Company Stock Plans Clause in Contracts

Termination of Company Stock Plans. As of the Effective Time, all Company Stock Plans and the Company Stock Purchase Plan shall terminate, and no further Company Options, RSUs or other rights with respect to Shares shall be granted thereunder.

Appears in 1 contract

Samples: Merger Agreement (Hansen Medical Inc)

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Termination of Company Stock Plans. As of the Company Merger Effective Time, all Company Stock Plans and the Company Stock Purchase Plan shall terminate, terminate and no further Company OptionsRSU Awards, RSUs Performance Awards, DSU Awards or other rights with respect to Shares shall be granted thereunder.

Appears in 1 contract

Samples: Merger Agreement (Strategic Hotels & Resorts, Inc)

Termination of Company Stock Plans. As of the Effective Time, all Company Stock Plans and the Company Stock Purchase Plan shall terminate, and and, as of the date hereof, no further Company Options, RSUs SARs, Restricted Stock, RSUs, Performance Awards or other rights with respect to Shares shall be granted thereunder.thereunder except for those Company Options, SARs, Restricted Stock, RSUs,

Appears in 1 contract

Samples: Merger Agreement (Tellabs Inc)

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Termination of Company Stock Plans. As of the Effective Time, all Company Stock Plans and the Company Stock Purchase Plan shall terminate, and and, except as provided in this Section 2.03, no further rights with respect to Shares, Company Options, RSUs or other rights with respect to Shares RSU Awards shall be granted or remain outstanding or in effect thereunder, and the Company shall have taken all actions necessary to ensure that, from and after the Effective Time, neither Parent nor the Surviving Corporation will be required to deliver Shares or other capital stock of the Company to any person pursuant to or in settlement of awards under the Company Stock Plans.

Appears in 1 contract

Samples: Merger Agreement (Cabelas Inc)

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