Common use of Board Approval and Recommendation Clause in Contracts

Board Approval and Recommendation. The Board of Directors of the Company has unanimously (i) approved this Agreement, the Ancillary Agreements and the transactions contemplated hereby and thereby, (ii) determined that the transactions contemplated herein and therein are advisable and in the best interests of the stockholders of the Company and on terms that are fair to such stockholders and (iii) recommended that the stockholders approve the Merger.

Board Approval and Recommendation. The Prior to the execution of this Agreement, the Board of Directors of the Company has Company, at a meeting duly called and held, unanimously (ia) approved determined that this Agreement, the Ancillary Agreements Agreement and the transactions contemplated hereby hereby, including the Merger and therebythe Offer, (ii) determined that the transactions contemplated herein and therein are advisable and in the best interests of fair to the stockholders of the Company Company, (b) approved this Agreement and on terms that are fair to such stockholders the transactions contemplated hereby, and (iiic) recommended that the Company's stockholders tender their shares of Common Stock pursuant to the Offer and, if applicable, approve this Agreement and the transactions contemplated herein, including the Merger.