Common use of Preparation of Information Statement Clause in Contracts

Preparation of Information Statement. As soon as practicable after the execution of this Agreement, Target and Acquiror shall prepare an Information Statement for the stockholders of Target to approve this Agreement, the Certificate of Merger and the transactions contemplated hereby and thereby. The Information Statement shall constitute a disclosure document for the offer and issuance of the shares of Acquiror Common Stock to be received by the holders of Target Capital Stock in the Merger. Acquiror and Target shall each use its best efforts to cause the Information Statement to comply with applicable federal and state securities laws requirements. Each of Acquiror and Target agrees to provide promptly to the other such information concerning its business and financial statements and affairs as, in the reasonable judgment of the providing party or its counsel, may be required or appropriate for inclusion in the Information Statement, or in any amendments or supplements thereto, and to cause its counsel and auditors to cooperate with the other's counsel and auditors in the preparation of the Information Statement. Target will promptly advise Acquiror, and Acquiror will promptly advise Target, in writing if at any time prior to the Effective Time either Target or Acquiror shall obtain knowledge of any facts that might make it necessary or appropriate to amend or supplement the Information Statement in order to make the statements contained or incorporated 35 42 by reference therein not misleading or to comply with applicable law. The Information Statement shall contain the recommendation of the Board of Directors of Target that the Target stockholders approve the Merger and this Agreement and the conclusion of the Board of Directors that the terms and conditions of the Merger as contained herein are fair and reasonable to the stockholders of Target. Anything to the contrary contained herein notwithstanding, Target shall not include in the Information Statement any information with respect to Acquiror or its affiliates or associates, the form and content of which information shall not have been approved by Acquiror prior to such inclusion.

Preparation of Information Statement. As soon as practicable after the execution of this Agreement, Acquiror and Target and Acquiror shall prepare an a joint Information Statement for the stockholders of Target their respective shareholders to approve this Agreement, the Certificate Agreement of Merger and the transactions contemplated hereby and thereby. The Information Statement shall constitute a the disclosure document for the offer and issuance of the shares of Acquiror Common and Preferred Stock to be received by the holders of Target Capital Stock in the Merger. Each of Acquiror and Target shall each use its best efforts to cause the Information Statement to comply with applicable federal and state securities laws requirements. Each of Acquiror and Target agrees to provide promptly to the other such information concerning its business and financial statements and affairs as, in the reasonable judgment of the providing party or its counsel, may be required or appropriate for inclusion in the Information Statement, or in any amendments or supplements thereto, and to cause its counsel and auditors to cooperate with the other's counsel and auditors in the preparation of the Information Statement. Target will promptly advise Acquiror, and Acquiror will promptly advise Target, in writing if at any time prior to the Effective Time either Target or Acquiror shall obtain knowledge of any facts that might make it necessary or appropriate to amend or supplement the Information Statement in order to make the statements contained or incorporated 35 42 by reference therein not misleading or to comply with applicable law. The Subject to the provisions of Section 5.1, the Information Statement shall contain the recommendation of the Board Acquiror's and Target's Boards of Directors of Target that the Target stockholders their respective shareholders approve the Merger and this Agreement and the conclusion of the Board Boards of Directors that the terms and conditions of the Merger as contained herein are fair and reasonable to the stockholders of Target. Anything to the contrary contained herein notwithstanding, Target shall not include in the Information Statement any information with respect to Acquiror or its affiliates or associates, the form and content of which information shall not have been approved by Acquiror prior to such inclusioneach company's shareholders.

Preparation of Information Statement. As soon promptly as practicable after the execution of this Agreement, Target and Acquiror the Company shall prepare an Information Statement for the stockholders Stockholders of Target the Company to approve this Agreement, the Certificate of Merger Agreement and the transactions contemplated hereby and therebyhereby. The Information Statement shall constitute a disclosure document for the offer and issuance of the shares of Acquiror Parent Common Stock to be received by the holders of Target Company Capital Stock in the Merger and an information statement for solicitation of shareholder approval of the Merger. Acquiror Parent and Target the Company shall each use its best commercially reasonable efforts to cause the Information Statement to comply with applicable federal and state securities laws requirements. Each of Acquiror Parent and Target the Company agrees to provide promptly to the other such information concerning its business and financial statements and affairs as, in the reasonable judgment of the providing party or its counsel, may be required or appropriate for inclusion in the Information Statement, or in any amendments or supplements thereto, and to cause its counsel and auditors to cooperate with the other's counsel and auditors in the preparation of the Information Statement. Target The Company will promptly advise AcquirorParent, and Acquiror Parent will promptly advise Targetthe Company, in writing if at any time prior to the Effective Time either Target the Company or Acquiror Parent shall obtain knowledge of any facts that might make it necessary or appropriate to amend or supplement the Information Statement in order to make the statements contained or incorporated 35 42 by reference therein not misleading or to comply with applicable law. The Information Statement shall contain the recommendation of the Board of Directors of Target the Company that the Target stockholders Company Stockholders approve the Merger and this Agreement and the conclusion of the Board of Directors that the terms and conditions of the Merger as contained herein are fair and reasonable to the stockholders Stockholders of Targetthe Company. Anything to the contrary contained herein notwithstanding, Target the Company shall not include in the Information Statement any information with respect to Acquiror Parent or its affiliates or associates, the form and content of which information shall not have been approved by Acquiror Parent prior to such inclusion.

Preparation of Information Statement. (a) As soon as practicable after the execution of this Agreement, Target and Acquiror shall prepare prepare, with the cooperation of Acquiror, an information statement (as amended or supplemented, the “Information Statement Statement”) for the solicitation of approval of the stockholders of Target to approve describing this Agreement, the Certificate of Merger and the transactions contemplated hereby and thereby. The Information Statement Acquiror shall constitute a disclosure document for the offer and issuance of the shares of provide such information about Acquiror Common Stock to be received by the holders of Target Capital Stock in the Merger. Acquiror and as Target shall each use its best efforts to cause reasonably request. The information supplied by Target for inclusion in the Information Statement to comply be sent to the stockholders of Target shall not, on the date the Information Statement is first mailed to Target’s stockholders or at the Effective Time, contain any untrue statement of a material fact, or omit to state any material fact necessary in order to make the statements made therein, in light of the circumstances under which they are made, not misleading. Notwithstanding the foregoing, Target makes no representation, warranty or covenant with applicable federal respect to any information supplied by Acquiror or Merger Sub that is contained in any of the foregoing documents. The information supplied by Acquiror or Merger Sub for inclusion in the Information Statement shall not, on the date the Information Statement is first mailed to Target’s stockholders or at the Effective Time, contain any untrue statement of a material fact, or omit to state any material fact necessary in order to make the statements therein, in light of the circumstances under which they are made, not misleading. Notwithstanding the foregoing, Acquiror and state securities laws requirements. Merger Sub make no representation, warranty or covenant with respect to any information supplied by Target that is contained in any of the foregoing documents. (b) Each of Acquiror and Target agrees to provide promptly to the other such information concerning its business and financial statements and affairs as, in the reasonable judgment of the providing party or its counsel, may be required or appropriate for inclusion in the Information Statement, Statement or in any amendments or supplements thereto, and to cause its counsel and auditors to cooperate with the other's ’s counsel and auditors in the preparation of the Information Statement. Target will promptly advise Acquiror, and Acquiror will promptly advise Target, in writing if at any time prior to the Effective Time either Target or Acquiror shall obtain knowledge of any facts that might make it necessary or appropriate to amend or supplement the Information Statement in order to make the statements contained or incorporated 35 42 by reference therein not misleading or to comply with applicable law. The Information Statement shall contain the recommendation of the Board of Directors of Target that the Target stockholders approve the Merger and this Agreement and the conclusion of the Board of Directors that the terms and conditions of the Merger as contained herein are fair and reasonable to the stockholders of Target. Anything to the contrary contained herein notwithstanding, Target shall not include in the Information Statement any information with respect to Acquiror or its affiliates or associates, the form and content of which information shall not have been approved by Acquiror prior to such inclusion, such approval not to be unreasonably withheld or delayed.