Termination of Other Plans and Programs. Except as may otherwise be agreed in writing by Merger Sub and the Company, all other plans, programs or arrangements providing for the issuance or grant of any other interest in respect of the capital stock of the Company or any of its subsidiaries shall terminate as of the Effective Time, and no participant in any such plans, programs or arrangements shall have any rights thereunder to acquire any equity securities of the Company, the Surviving Corporation or any subsidiary thereof.
Appears in 3 contracts
Samples: Agreement (Mikasa Inc), Recapitalization Agreement and Plan of Merger (Cornerstone Equity Investors Iv Lp), Recapitalization Agreement and Plan of Merger (Westaff Inc)
Termination of Other Plans and Programs. Except as may otherwise be agreed to in writing by Merger Sub Parent, the Purchaser and the Company, all other plans, programs or programs, agreements and other arrangements providing for the issuance or grant of any other interest in respect of the capital stock or any other equity securities of the Company or any of its subsidiaries Subsidiaries shall terminate as of the Effective Time, and no participant in under any such plansplan, programs program, agreement or arrangements arrangement shall have any rights thereunder (including any rights to acquire any capital stock or other equity securities of the Company, the Surviving Corporation or any subsidiary Subsidiary thereof).
Appears in 2 contracts
Samples: Agreement and Plan of Merger (OCM Principal Opportunities Fund IV, LP), Agreement and Plan of Merger (Nevada Chemicals Inc)
