Common use of Termination of Merger Clause in Contracts

Termination of Merger. This merger may be abandoned at any time prior to the filing of Articles of Merger with the Secretary of State, upon a vote of a majority of the Board of Directors of both Quad Washington and Quad Nevada. If the merger is terminated, there shall be no liability on the part of either Constituent Corporation, their respective Boards of Directors, or shareholders.

Appears in 1 contract

Samples: Merger Agreement (Quad Metals Corp/Wa)

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Termination of Merger. This merger may be abandoned at any time prior to the filing of Articles of Merger with the Secretary of State, upon a vote of a majority of the Board of Directors of both Quad Washington SILVER HILL NEVADA and Quad NevadaSILVER HILL WASHINGTON. If the merger is terminated, there shall will be no liability on the part of either Constituent Corporation, their respective Boards of Directors, or shareholders.

Appears in 1 contract

Samples: Plan of Merger (Silver Hill Mines Inc)

Termination of Merger. This merger may be abandoned at any time prior to the filing of Articles of Merger with the Secretary of StateState of the State of Nevada, upon a vote of a majority of the Board of Directors of both Quad Washington Parent and Quad NevadaSubsidiary. If the merger is terminated, there shall will be no liability on the part of either Constituent Corporation, their respective Boards of Directors, Directors or shareholdersstockholders.

Appears in 1 contract

Samples: Plan of Merger (Drone Aviation Holding Corp.)

Termination of Merger. This merger may be abandoned at any time prior to the filing of Articles of Merger with the Secretary of State, upon a vote of a majority of the Board of Directors of both Quad Washington SENIOR OPTICIAN NEVADA and Quad NevadaSENIOR OPTICIAN MINNESOTA. If the merger is terminated, there shall will be no liability on the part of either Constituent Corporation, their respective Boards of Directors, or shareholders.

Appears in 1 contract

Samples: Plan of Merger (Senior Optician Service Inc)

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Termination of Merger. This merger may be abandoned at any time prior to the filing of Articles of Merger with the Secretary of State, upon a vote of a majority of the Board of Directors of both Quad Washington PVEI and Quad NevadaNew Directions. If the merger is terminated, there shall be no liability on the part of either Constituent Corporation, their respective Boards Board of Directors, or shareholders.

Appears in 1 contract

Samples: Plan of Merger (New Directions Manufacturing Inc)

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