Restructuring of Merger. Upon the mutual agreement of Parent and Pac ----------------------- Rim, the Merger shall be restructured in the form of a forward triangular merger of Pac Rim into Merger Sub, with Merger Sub being the surviving corporation, or as a merger of Pac Rim into Parent, with Parent being the surviving corporation. In such event, this Agreement shall be deemed appropriately modified to reflect such form of merger.
Appears in 2 contracts
Sources: Merger Agreement (Pac Rim Holding Corp), Agreement and Plan of Merger (Pac Rim Holding Corp)
Restructuring of Merger. Upon the mutual agreement of Parent and Pac ----------------------- Rim, the Merger shall be restructured in the form of a forward triangular merger of Pac Rim into Merger Sub, with Merger Sub being the surviving corporation, or as a merger of Pac Rim into Parent, with Parent being the surviving corporation. In such event, this Agreement shall be deemed appropriately modified to reflect such form of merger.
Appears in 1 contract
Sources: Merger Agreement (Superior National Insurance Group Inc)