Common use of Section 16(b) Exemption Clause in Contracts

Section 16(b) Exemption. The Company will take all actions reasonably necessary to cause the Merger, and any dispositions of equity securities of the Company (including derivative securities) in connection with the Merger by each individual who is a director or executive officer of the Company to be exempt pursuant to Rule 16b-3 promulgated under the Exchange Act.

Appears in 26 contracts

Sources: Merger Agreement (Rover Group, Inc.), Merger Agreement (Chico's Fas, Inc.), Merger Agreement (Thorne Healthtech, Inc.)

Section 16(b) Exemption. The Prior to the Effective Time, the Company will take all actions reasonably necessary to cause the Merger, and any dispositions of equity securities of the Company (including derivative securities) in connection with the Merger by each individual who is a director or executive officer of the Company Company, to be exempt pursuant to Rule 16b-3 promulgated under the Exchange Act.

Appears in 7 contracts

Sources: Agreement and Plan of Merger (Everbridge, Inc.), Merger Agreement (Everbridge, Inc.), Merger Agreement (Transphorm, Inc.)

Section 16(b) Exemption. The Company will shall take all actions reasonably necessary to cause the MergerMerger and all other transactions contemplated by this Agreement, and any other dispositions of equity securities of the Company (including derivative securities) in connection with the Merger and other transactions contemplated by this Agreement by each individual who is a director or executive officer of the Company Company, to be exempt pursuant to under Rule 16b-3 promulgated under the Exchange Act.

Appears in 7 contracts

Sources: Merger Agreement (Imperva Inc), Merger Agreement (Barracuda Networks Inc), Merger Agreement (Apigee Corp)

Section 16(b) Exemption. The Prior to the Effective Time, the Company will shall be permitted to take all such actions as may be reasonably necessary or advisable hereto to cause the Merger, and any dispositions of equity securities of the Company (including derivative securities) in connection with the Merger by each individual who is a director or executive officer of the Company Company, to be exempt pursuant to Rule 16b-3 promulgated under the Exchange Act.

Appears in 4 contracts

Sources: Merger Agreement (Diversey Holdings, Ltd.), Agreement and Plan of Merger (Zymergen Inc.), Merger Agreement (Del Frisco's Restaurant Group, Inc.)

Section 16(b) Exemption. The Prior to the Effective Time, the Company will take all actions reasonably necessary to cause the Merger, and any dispositions of equity securities of the Company (including derivative securities) in connection with the Merger by each individual who is a director or executive officer of the Company to be exempt pursuant to Rule 16b-3 promulgated under the Exchange Act.

Appears in 3 contracts

Sources: Merger Agreement (Fuller Max L), Merger Agreement (Us Xpress Enterprises Inc), Merger Agreement (Knight-Swift Transportation Holdings Inc.)

Section 16(b) Exemption. The Company will take all actions reasonably necessary to cause the Merger, and any dispositions of equity securities of the Company (including derivative securities) in connection with the Merger by each individual who is a director or executive officer subject to the reporting requirements of Section 16(a) of the Exchange Act of the Company to be exempt pursuant to Rule 16b-3 promulgated under the Exchange Act.

Appears in 2 contracts

Sources: Merger Agreement (Restaurant Brands International Limited Partnership), Merger Agreement (Carrols Restaurant Group, Inc.)

Section 16(b) Exemption. The Prior to the Effective Time, the Company will take all actions reasonably necessary to cause the Merger, and any dispositions of equity securities of the Company (including derivative securities) in connection with the Merger by each individual who is a director or executive officer of the Company to be exempt pursuant to Rule 16b-3 16b 3 promulgated under the Exchange Act.

Appears in 2 contracts

Sources: Merger Agreement (KnowBe4, Inc.), Merger Agreement (Vepf Vii SPV I, L.P.)

Section 16(b) Exemption. The Company will take all actions reasonably necessary to cause the Merger, and any dispositions of equity securities of the Company (including derivative securities) in connection with the Merger by each individual who is a director or executive officer of the Company to be exempt pursuant to Rule 16b-3 promulgated under the Exchange Act.

Appears in 2 contracts

Sources: Merger Agreement (HireRight Holdings Corp), Merger Agreement (EngageSmart, Inc.)

Section 16(b) Exemption. The Prior to the Closing, the Company will take all actions reasonably necessary to cause the Merger, and any dispositions of equity securities of the Company (including derivative securities) in connection with the Merger by each individual who (directly or indirectly) that is a director or executive officer of the Company Company, or 10% holder of any class of registered equity securities of the Company, to be exempt pursuant to Rule 16b-3 promulgated under the Exchange Act.

Appears in 1 contract

Sources: Agreement and Plan of Merger (Hall of Fame Resort & Entertainment Co)

Section 16(b) Exemption. The Prior to the Effective Time, the Company will take all actions necessary or reasonably necessary requested by any Party to cause the Merger, and any dispositions of equity securities of the Company (including derivative securities) in connection with the Merger by each individual who is a director or executive officer of the Company Company, and who would otherwise be subject to Rule 16b-3 under the Exchange Act, to be exempt pursuant to Rule 16b-3 16b 3 promulgated under the Exchange Act.

Appears in 1 contract

Sources: Merger Agreement (Mandiant, Inc.)

Section 16(b) Exemption. The Company will take all actions reasonably necessary to cause the Merger, and any dispositions of equity securities of the Company (including derivative securities) in connection with the Merger by each individual who is a director or executive officer of the Company to be exempt pursuant to Rule 16b-3 16b 3 promulgated under the Exchange Act.

Appears in 1 contract

Sources: Merger Agreement (Medallia, Inc.)

Section 16(b) Exemption. The Company will take all actions reasonably necessary and advisable to cause the Merger, and any dispositions of equity securities of the Company (including derivative securities) in connection with the Merger by each individual who is a director or executive officer of the Company to be exempt pursuant to Rule 16b-3 promulgated under the Exchange Act.

Appears in 1 contract

Sources: Merger Agreement (Innophos Holdings, Inc.)

Section 16(b) Exemption. The Prior to the Effective Time, the Company will shall take all such actions as may be reasonably necessary or advisable hereto to cause the Merger, and any dispositions of equity securities of the Company (including derivative securities) in connection with the Merger by each individual who is a director or executive officer of the Company Company, to be exempt pursuant to Rule 16b-3 promulgated under the Exchange Act.

Appears in 1 contract

Sources: Merger Agreement (Civitas Solutions, Inc.)

Section 16(b) Exemption. The Company will take all actions reasonably necessary to cause the Company Merger, and any dispositions of equity securities of the Company (including derivative securities) in connection with the Company Merger by each individual who is a director or executive officer of the Company to be exempt pursuant to Rule 16b-3 promulgated under the Exchange Act.

Appears in 1 contract

Sources: Merger Agreement (Pluralsight, Inc.)

Section 16(b) Exemption. The Company will take (and will be permitted to take) all actions reasonably necessary or advisable hereto to cause the Merger, and any dispositions of equity securities of the Company (including derivative securities) in connection with the Merger by each individual who is a director or executive officer of the Company to be exempt pursuant to Rule 16b-3 promulgated under the Exchange Act.

Appears in 1 contract

Sources: Merger Agreement (Innovid Corp.)

Section 16(b) Exemption. The Company will take all actions reasonably necessary to cause the MergerMerger and all other transactions contemplated by this Agreement, and any other dispositions of equity securities of the Company (including derivative securities) in connection with the Merger and other transactions contemplated by this Agreement by each individual who is a director or executive officer of the Company Company, to be exempt pursuant to under Rule 16b-3 promulgated under the Exchange Act.

Appears in 1 contract

Sources: Merger Agreement (Summer Infant, Inc.)

Section 16(b) Exemption. The Prior to the Effective Time, the Company will take all actions reasonably necessary and within its power to cause the Merger, and any dispositions of equity securities of the Company (including derivative securities) in connection with the Merger by each individual who is a director or executive officer of the Company Company, to be exempt pursuant to Rule 16b-3 promulgated under the Exchange Act.

Appears in 1 contract

Sources: Merger Agreement (Couchbase, Inc.)

Section 16(b) Exemption. The Company will shall take all actions reasonably necessary to cause the MergerMerger and all other transactions contemplated by this Agreement, and any other dispositions of equity securities of the Company (including derivative securities) in connection with the Merger and other transactions contemplated by this Agreement by each individual who is a director or executive officer will be subject to the reporting requirements of Section 16(a) of the Company Exchange Act with respect to the Company, to be exempt pursuant to under Rule 16b-3 promulgated under the Exchange Act.

Appears in 1 contract

Sources: Merger Agreement (Gigamon Inc.)

Section 16(b) Exemption. The (a) Prior to the Effective Time, the Company will shall be permitted to take all such actions as may be reasonably necessary or advisable hereto to cause the Merger, and any dispositions of equity securities of the Company (including derivative securities) in connection with the Merger by each individual who is a director or executive officer of the Company Company, to be exempt pursuant to Rule 16b-3 promulgated under the Exchange Act.

Appears in 1 contract

Sources: Merger Agreement (Ginkgo Bioworks Holdings, Inc.)

Section 16(b) Exemption. The Company will take all actions reasonably necessary to cause the Offer and the Company Merger, and any dispositions of equity securities of the Company (including derivative securities) in connection with the Offer and the Company Merger by each individual who is a director or executive officer of the Company to be exempt pursuant to Rule 16b-3 promulgated under the Exchange Act.

Appears in 1 contract

Sources: Agreement and Plan of Merger (Pluralsight, Inc.)

Section 16(b) Exemption. The Company will take all actions reasonably necessary as may be required to cause the Merger, and any dispositions of equity securities of the Company (including derivative securities) in connection with the Merger by each individual who is a director or executive officer of the Company to be exempt pursuant to Rule 16b-3 promulgated under the Exchange Act.

Appears in 1 contract

Sources: Merger Agreement (Ligand Pharmaceuticals Inc)

Section 16(b) Exemption. The Prior to the Closing, the Company will take all actions reasonably necessary to cause the Merger, and any dispositions of equity securities of the Company (including derivative securities) in connection with the Merger by each individual who is a director or executive officer of the Company to be exempt pursuant to Rule 16b-3 promulgated under the Exchange Act.

Appears in 1 contract

Sources: Merger Agreement (Embark Technology, Inc.)