Common use of The Merger Closing Clause in Contracts

The Merger Closing. The Merger 20 Section 2.2. Effects of the Merger 20 Section 2.3. Closing; Effective Time 21 Section 2.4. Closing Deliverables 21 Section 2.5. Governing Documents 22 Section 2.6. Directors and Officers 23 Section 2.7. Tax Free Reorganization Matters 23 Section 2.8. Closing Statements 23 Section 3.1. Reclassification and Conversion of Securities 25 Section 3.2. Exchange Procedures 26 Section 3.3. Treatment of Company Awards 27 Section 3.4. Withholding 28 Section 3.5. Dissenting Shares 28 Section 4.1. Company Organization 29 Section 4.2. Subsidiaries 29 Section 4.3. Due Authorization 30 Section 4.4. No Conflict 30 Section 4.5. Governmental Authorities; Consents 31 Section 4.6. Capitalization of the Company 31 Section 4.7. Capitalization of Subsidiaries 32 Section 4.8. Financial Statements 33 Section 4.9. Undisclosed Liabilities 33 Section 4.10. Litigation and Proceedings 33 Section 4.11. Legal Compliance 34 Section 4.12. Contracts; No Defaults 34 Section 4.13. Company Benefit Plans 36 Section 4.14. Labor Relations; Employees 38 Section 4.15. Taxes 39 Section 4.16. Brokers’ Fees 40 Section 4.17. Insurance 40 Section 4.18. Licenses 41 Section 4.19. Equipment and Other Tangible Property 41 Section 4.20. Real Property 41 Section 4.21. Intellectual Property 42 Section 4.22. Privacy and Cybersecurity 43 Section 4.23. Environmental Matters 44 Section 4.24. Absence of Changes 44 Section 4.25. Anti-Corruption Compliance 45 Section 4.26. Sanctions and International Trade Compliance 45 Section 4.27. Information Supplied 45 Section 4.28. No Additional Representation or Warranties 46

The Merger Closing. The Merger 20 Merger. 16 Section 2.2. Effects of the Merger 20 16 Section 2.3. Closing; Effective Time 21 Time. 16 Section 2.4. Closing Deliverables 21 Deliverables. 17 Section 2.5. Governing Documents 22 18 Section 2.6. Directors and Officers 23 18 Section 2.7. Tax Free Reorganization Matters 23 Section 2.8. Closing Statements 23 18 Section 3.1. Reclassification and Conversion of Securities 25 Securities. 19 Section 3.2. Exchange Procedures 26 Procedures. 19 Section 3.3. Treatment of Company Awards 27 Options and Company Restricted Stock. 20 Section 3.4. Withholding 28 21 Section 3.5. Dissenting Shares 28 21 Section 4.1. Company Organization 29 22 Section 4.2. Subsidiaries 29 22 Section 4.3. Due Authorization 30 22 Section 4.4. No Conflict 30 23 Section 4.5. Governmental Authorities; Consents 31 23 Section 4.6. Capitalization of the Company 31 Company. 23 Section 4.7. Capitalization of Subsidiaries 32 Subsidiaries. 24 Section 4.8. Financial Statements 33 25 Section 4.9. Undisclosed Liabilities 33 26 Section 4.10. Litigation and Proceedings 33 26 Section 4.11. Legal Compliance 34 Compliance. 26 Section 4.12. Contracts; No Defaults 34 Defaults. 26 Section 4.13. Company Benefit Plans 36 Plans. 28 Section 4.14. Labor Relations; Employees 38 Employees. 30 Section 4.15. Taxes 39 31 Section 4.16. Brokers’ Fees 40 32 Section 4.17. Insurance 40 33 Section 4.18. Licenses 41 33 Section 4.19. Equipment and Other Tangible Property 41 33 Section 4.20. Real Property 41 Property. 33 Section 4.21. Intellectual Property 42 Property. 34 Section 4.22. Privacy and Cybersecurity 43 Cybersecurity. 35 Section 4.23. Environmental Matters 44 36 Section 4.24. Absence of Changes 44 36 Section 4.25. Anti-Corruption Compliance 45 Compliance. 37 Section 4.26. Sanctions and International Trade Compliance 45 Compliance. 37 Section 4.27. Information Supplied 45 37 Section 4.28. Customers and Suppliers. 37 Section 4.29. Government Contracts 38 Section 4.30. Sufficiency of Assets 38 Section 4.31. No Additional Representation or Warranties 4638 Section 5.1. Company Organization 38 Section 5.2. Due Authorization. 39 Section 5.3. No Conflict 39 Section 5.4. Litigation and Proceedings 40 Section 5.5. SEC Filings 40 Section 5.6. Internal Controls; Listing; Financial Statements. 40 Section 5.7. Governmental Authorities; Consents 41 Section 5.8. Trust Account 41 Section 5.9. Investment Company Act; JOBS Act 42 Section 5.10. Absence of Changes 42 Section 5.11. No Undisclosed Liabilities 42 Section 5.12. Capitalization of Acquiror. 42 Section 5.13. Brokers’ Fees 44 Section 5.14. Indebtedness 44 Section 5.15. Taxes. 44 Section 5.16. Business Activities. 45 Section 5.17. NYSE Stock Market Quotation 46 Section 5.18. Registration Statement, Proxy Statement and Proxy Statement/Registration Statement 46 Section 5.19. No Outside Reliance 46 Section 5.20. No Additional Representation or Warranties 47 Section 6.1. Conduct of Business 47 Section 6.2. Inspection 50 Section 6.3. Preparation and Delivery of Additional Company Financial Statements. 50 Section 6.4. Affiliate Agreements 51 Section 6.5. Acquisition Proposals 51 Section 7.1. Employee Matters 52 Section 7.2. Trust Account 52 Section 7.3. NYSE Listing 52 Section 7.4. No Solicitation by Acquiror 53 Section 7.5. Acquiror Conduct of Business 53 Section 7.6. Post-Closing Directors and Officers of Acquiror 54 Section 7.7. Domestication 54 Section 7.8. Indemnification and Insurance 55 Section 7.9. Acquiror Public Filings 56 Section 7.10. PIPE Subscriptions 56 Section 7.11. Stockholder Litigation 56 Section 8.1. HSR Act; Other Filings. 56 Section 8.2. Preparation of Proxy Statement/Registration Statement; Shareholders’ Meeting and Approvals. 57 Section 8.3. Support of Transaction 60 Section 8.4. Tax Matters 60 Section 8.5. Section 16 Matters 60 Section 8.6. Cooperation; Consultation 61

The Merger Closing. Section 2.1. The Merger 20 17 Section 2.2. Effects of the Merger 20 17 Section 2.3. Closing; Effective Time 21 17 Section 2.4. Closing Deliverables 21 18 Section 2.5. Governing Documents 22 19 Section 2.6. Directors and Officers 23 19 Section 2.7. Tax Free Reorganization Matters 23 20 Section 2.8. Closing Statements 23 Allocation Schedule 20 Section 3.1. Reclassification and Conversion of Securities 25 21 Section 3.2. Exchange Procedures 26 21 Section 3.3. Treatment of Company Options and Restricted Stock Awards 27 23 Section 3.4. Withholding 28 Assumed Warrants 23 Section 3.5. Withholding 23 Section 3.6. Dissenting Shares 28 24 Section 4.1. Company Organization 29 24 Section 4.2. Subsidiaries 29 24 Section 4.3. Due Authorization 30 25 Section 4.4. No Conflict 30 25 Section 4.5. Governmental Authorities; Consents 31 26 Section 4.6. Capitalization of the Company 31 26 Section 4.7. Capitalization of Subsidiaries 32 27 Section 4.8. Financial Statements 33 28 Section 4.9. Undisclosed Liabilities 33 29 Section 4.10. Litigation and Proceedings 33 29 Section 4.11. Legal Compliance 34 29 Section 4.12. Contracts; No Defaults 34 29 Section 4.13. Company Benefit Plans 36 32 Section 4.14. Labor Relations; Employees 38 34 Section 4.15. Taxes 39 35 Section 4.16. Brokers’ Fees 40 36 Section 4.17. Insurance 40 36 Section 4.18. Licenses 41 37 Section 4.19. Equipment and Other Tangible Property 41 37 Section 4.20. Real Property 41 37 Section 4.21. Intellectual Property 42 38 Section 4.22. Privacy and Cybersecurity 43 40 Section 4.23. Environmental Matters 44 41 Section 4.24. Absence of Changes 44 41 Section 4.25. Anti-Corruption Compliance 45 42 Section 4.26. Sanctions and International Trade Compliance 45 42 Section 4.27. Information Supplied 45 42 Section 4.28. Vendors 43 Section 4.29. Customers 43 Section 4.30. Government Contracts 43 Section 4.31. No Additional Representation or Warranties 4643 Section 5.1. Company Organization 43 Section 5.2. No Substantial Government Ownership Interest 44 Section 5.3. Due Authorization 44 Section 5.4. No Conflict 45 Section 5.5. Litigation and Proceedings 45 Section 5.6. SEC Filings 45 Section 5.7. Internal Controls; Listing; Financial Statements 45 Section 5.8. Governmental Authorities; Consents 46 Section 5.9. Trust Account 47 Section 5.10. Investment Company Act; JOBS Act 47 Section 5.11. Absence of Changes 47 Section 5.12. No Undisclosed Liabilities 47 Section 5.13. Capitalization of Acquiror 48 Section 5.14. Brokers’ Fees 49 Section 5.15. Indebtedness 49 Section 5.16. Taxes 49 Section 5.17. Business Activities 50 Section 5.18. Stock Market Quotation 51 Section 5.19. Proxy Statement / Registration Statement 51 Section 5.20. No Outside Reliance 51 Section 5.21. No Additional Representation or Warranties 52 Section 6.1. Conduct of Business 52 Section 6.2. Inspection 55 Section 6.3. Preparation and Delivery of Additional Company Financial Statements 56 Section 6.4. Affiliate Agreements 57 Section 7.1. Employee Matters 57 Section 7.2. Trust Account Proceeds and Related Available Equity 58 Section 7.3. Listing 58 Section 7.4. Acquiror Warrants 58 Section 7.5. Acquiror Conduct of Business 58 Section 7.6. Post-Closing Directors and Officers of Acquiror 60 Section 7.7. Domestication 60 Section 7.8. Indemnification and Insurance 60 Section 7.9. Acquiror SEC Filings 61 Section 7.10. PIPE Subscriptions 61 Section 7.11. Stockholder Litigation 62