Share Repurchase Program. Global shall promptly following the Effective Time institute a six-month open-market stock repurchase program relating to the repurchase of up to $500 million in the aggregate of Global Common Stock from time to time, as determined by Global, based on market conditions, in compliance with the rules and regulations of the SEC, including Rule 10b-18, and consistent with Global's obligations under Section 4.2(h) of the Agreement. 12. Amendment to Section 7.1(g) of the Original Agreement. Section 7.1(g) of the Original Agreement is hereby amended by deleting such Section in its entirety.
Appears in 3 contracts
Sources: Agreement and Plan of Merger (Global Crossing Holdings LTD), Agreement and Plan of Merger (Frontier Corp /Ny/), Agreement and Plan of Merger (Global Crossing LTD)