Common use of Termination of Merger Clause in Contracts

Termination of Merger. This merger may be abandoned at any time prior to the filing of Articles of Merger with the Secretary of State, upon a vote of a majority of the Board of Directors of both SENIOR OPTICIAN NEVADA and SENIOR OPTICIAN MINNESOTA. If the merger is terminated, there will be no liability on the part of either Constituent Corporation, their respective Boards of Directors, or shareholders.

Appears in 1 contract

Sources: Plan of Merger (Senior Optician Service Inc)

Termination of Merger. This merger may be abandoned at any time prior to the filing of Articles of Merger with the Secretary of State, upon a vote of a majority of the Board of Directors of both SENIOR OPTICIAN NEVADA PVEI and SENIOR OPTICIAN MINNESOTANew Directions. If the merger is terminated, there will shall be no liability on the part of either Constituent Corporation, their respective Boards Board of Directors, or shareholders.

Appears in 1 contract

Sources: Plan of Merger (New Directions Manufacturing Inc)

Termination of Merger. This merger may be abandoned at any time prior to the filing of Articles of Merger with the Secretary of StateState of the State of Nevada, upon a vote of a majority of the Board of Directors of both SENIOR OPTICIAN NEVADA Parent and SENIOR OPTICIAN MINNESOTASubsidiary. If the merger is terminated, there will be no liability on the part of either Constituent Corporation, their respective Boards of Directors, Directors or shareholdersstockholders.

Appears in 1 contract

Sources: Plan of Merger (Drone Aviation Holding Corp.)

Termination of Merger. This merger may be abandoned at any time prior to the filing of Articles of Merger with the Secretary of State, upon a vote of a majority of the Board of Directors of both SENIOR OPTICIAN SILVER HILL NEVADA and SENIOR OPTICIAN MINNESOTASILVER HILL WASHINGTON. If the merger is terminated, there will be no liability on the part of either Constituent Corporation, their respective Boards of Directors, or shareholders.

Appears in 1 contract

Sources: Plan of Merger (Silver Hill Mines Inc)

Termination of Merger. This merger may be abandoned at any time prior to the filing of Articles of Merger with the Secretary of State, upon a vote of a majority of the Board of Directors of both SENIOR OPTICIAN NEVADA Quad Washington and SENIOR OPTICIAN MINNESOTAQuad Nevada. If the merger is terminated, there will shall be no liability on the part of either Constituent Corporation, their respective Boards of Directors, or shareholders.

Appears in 1 contract

Sources: Merger Agreement (Quad Metals Corp/Wa)