Dissolution or Liquidation. In the event of the dissolution or liquidation of the Company other than as part of a Change in Control, each Award will terminate immediately prior to the consummation of such action, subject to the ability of the Committee to exercise any discretion authorized in the case of a Change in Control.
Dissolution or Liquidation. To the extent not previously exercised or settled, Options, SARs and Stock Units shall terminate immediately prior to the dissolution or liquidation of the Company.
Dissolution or Liquidation. In the event of the proposed dissolution or liquidation of the Company, the Administrator shall notify each Participant as soon as practical prior to the effective date of the proposed transaction. The Administrator will provide for a Participant to have the right to exercise his Award, to the extent applicable, until ten (10) days prior to the transaction as to all of the Awarded Stock covered thereby, including Shares as to which the Award would not otherwise be exercisable. In addition, the Administrator may provide that any Company repurchase option or forfeiture rights applicable to any Award shall fully lapse, and that any Award shall vest in full, provided that the proposed dissolution or liquidation takes place at the time and in the manner contemplated. To the extent that it has not been previously exercised or vested, an Award shall terminate immediately prior to the consummation of such proposed action.
Dissolution. The Company shall dissolve, and its affairs shall be wound up upon the first to occur of the following: # the written consent of the Member; and # the entry of a decree of dissolution under Section 18-802 of the Act.
the liquidation or dissolution of the Company, or
the complete dissolution or liquidation of the Company.
any insolvency, liquidation, reorganisation, administration or dissolution proceedings;
a complete liquidation or dissolution of the Parent; or
there shall occur a liquidation or dissolution of NWLGI.
A plan of liquidation or dissolution is adopted for the Company; or
to effect any liquidation, dissolution or winding-up of the Company; or
Approval by the Company's stockholders of a liquidation or dissolution of the Company.
Constituting the liquidation group and exercising the authorities of the liquidation group in the event of liquidation or dissolution of the Company, including but not limited to the management of the Companys assets; and
approval by the shareholders of Employer of a complete dissolution or liquidation of Employer;
AllDrafts is a cloud-based editor designed specifically for contracts. With automatic formatting, a massive clause library, smart redaction, and insanely easy templates, it’s a welcome change from Word.
And AllDrafts generates clean Word and PDF files from any draft.