Common Contracts

7 similar Tax Benefits Preservation Plan contracts by Immersion Corp, Support.com, Inc., Alaska Communications Systems Group Inc, others

SECTION 382 TAX BENEFITS PRESERVATION PLAN by and between OCEAN POWER TECHNOLOGIES, INC. and COMPUTERSHARE TRUST COMPANY, N.A., as Rights Agent Dated as of June 29, 2023
Tax Benefits Preservation Plan • June 30th, 2023 • Ocean Power Technologies, Inc. • Electric services • Delaware

WHEREAS, the Company and certain of its Subsidiaries (as hereinafter defined) have generated certain Tax Benefits (as hereinafter defined) for United States federal income tax purposes which the Company views as valuable assets of the Company;

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SECTION 382 TAX BENEFITS PRESERVATION PLAN by and between IMMERSION CORPORATION and COMPUTERSHARE TRUST COMPANY, N.A., as Rights Agent, Dated as of November 17, 2021
Tax Benefits Preservation Plan • November 17th, 2021 • Immersion Corp • Computer peripheral equipment, nec • Delaware

WHEREAS, the Company and certain of its Subsidiaries have generated certain Tax Benefits (as hereinafter defined) for United States federal income tax purposes, such Tax Benefits may potentially provide valuable benefits to the Company, the Company desires to avoid an “ownership change” within the meaning of Section 382 (as hereinafter defined), and the Treasury Regulations (as hereinafter defined) promulgated thereunder, and thereby preserve its ability to utilize such Tax Benefits, and, in furtherance of such objective, the Company desires to enter into this Agreement; and

SECTION 382 TAX BENEFITS PRESERVATION PLAN by and between IMMERSION CORPORATION and COMPUTERSHARE TRUST COMPANY, N.A., as Rights Agent, Dated as of November 17, 2021
Tax Benefits Preservation Plan • November 17th, 2021 • Immersion Corp • Computer peripheral equipment, nec • Delaware

WHEREAS, the Company and certain of its Subsidiaries have generated certain Tax Benefits (as hereinafter defined) for United States federal income tax purposes, such Tax Benefits may potentially provide valuable benefits to the Company, the Company desires to avoid an “ownership change” within the meaning of Section 382 (as hereinafter defined), and the Treasury Regulations (as hereinafter defined) promulgated thereunder, and thereby preserve its ability to utilize such Tax Benefits, and, in furtherance of such objective, the Company desires to enter into this Agreement; and

SECTION 382 TAX BENEFITS PRESERVATION PLAN by and between THE MEET GROUP, INC. and ACTION STOCK TRANSFER CORPORATION, as Rights Agent Dated as of October 4, 2019
Tax Benefits Preservation Plan • October 4th, 2019 • Meet Group, Inc. • Services-advertising • New York

WHEREAS, the Company and certain of its Subsidiaries (as hereinafter defined) have generated certain Tax Benefits (as hereinafter defined) for United States federal income tax purposes which may potentially provide valuable benefits to the Company;

SECTION 382 TAX BENEFITS PRESERVATION PLAN by and between SUPPORT.COM, INC. and COMPUTERSHARE TRUST COMPANY, N.A., as Rights Agent, Dated as of August 21, 2019
Tax Benefits Preservation Plan • August 22nd, 2019 • Support.com, Inc. • Services-computer processing & data preparation • Delaware

As soon as practicable following a Distribution Date, the Rights Agent will, if requested to do so by the Company, mail separate certificates evidencing the Rights (“Right Certificates”) to holders of record of shares of the Common Stock as of the close of business on the Distribution Date, and those separate certificates alone will evidence the Rights from and after the Distribution Date.

SECTION 382 TAX BENEFITS PRESERVATION PLAN by and between ALASKA COMMUNICATIONS SYSTEMS GROUP, INC. and COMPUTERSHARE TRUST COMPANY, N.A., as Rights Agent, Dated as of January 8, 2018
Tax Benefits Preservation Plan • January 9th, 2018 • Alaska Communications Systems Group Inc • Telephone communications (no radiotelephone) • Delaware

WHEREAS, the Company and certain of its Subsidiaries (as hereinafter defined) have generated certain Tax Benefits (as hereinafter defined) for United States federal income tax purposes, such Tax Benefits may potentially provide valuable benefits to the Company, the Company desires to avoid an “ownership change” within the meaning of Section 382 (as hereinafter defined), and the Treasury Regulations (as hereinafter defined) promulgated thereunder, and thereby preserve its ability to utilize such Tax Benefits, and, in furtherance of such objective, the Company desires to enter into this Agreement; and

SECTION 382 TAX BENEFITS PRESERVATION PLAN
Tax Benefits Preservation Plan • April 21st, 2016 • Support.com, Inc. • Services-computer processing & data preparation • Delaware

WHEREAS, the Company and certain of its Subsidiaries have generated certain Tax Benefits (as hereinafter defined) for United States federal income tax purposes, such Tax Benefits may potentially provide valuable benefits to the Company, the Company desires to avoid an “ownership change” within the meaning of Section 382 (as hereinafter defined), and the Treasury Regulations (as hereinafter defined) promulgated thereunder, and thereby preserve its ability to utilize such Tax Benefits, and, in furtherance of such objective, the Company desires to enter into this Agreement; and

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