CVS » Topics » . Specific Performance.

This excerpt taken from the CVS 8-K filed Nov 2, 2006.
. Specific Performance. The parties agree that irreparable damage would occur if any provision of this Agreement were not performed in accordance with the terms hereof (and, more specifically, that irreparable damage would likewise occur if the Merger were not consummated and the affected party’s stockholders did not receive the aggregate Merger Consideration payable to them in accordance with the terms but subject to the conditions of this Agreement), and, accordingly, that the parties shall be entitled to an injunction or injunctions to prevent breaches of this Agreement or to enforce specifically the performance of the terms and provisions hereof (including the parties’ obligation to consummate the Merger and CVS’s obligation to pay, and the affected party’s stockholders’ right to receive, the aggregate Merger Consideration payable to them pursuant to the Merger, subject in each case to the terms and conditions of this Agreement) in any federal court located in the State of Delaware or any Delaware state court, in addition to any other remedy to which they are entitled at law or in equity.

73






     IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be duly executed by their respective authorized officers as of the date first written above.

CVS CORPORATION
     
By: /s/ Thomas M. Ryan
 
  Name: Thomas M. Ryan  
  Title: Chairman, CEO and President
 
     
TWAIN MERGERSUB CORP.
     
By: /s/ Thomas M. Ryan
 
  Name: Thomas M. Ryan  
  Title: President
     
     
CAREMARK RX, INC.
     
By: /s/ Edwin M. Crawford
 
  Name: Edwin M. Crawford
  Title: Chairman, CEO and President
     





This excerpt taken from the CVS DEFA14A filed Nov 2, 2006.
. Specific Performance. The parties agree that irreparable damage would occur if any provision of this Agreement were not performed in accordance with the terms hereof (and, more specifically, that irreparable damage would likewise occur if the Merger were not consummated and the affected party’s stockholders did not receive the aggregate Merger Consideration payable to them in accordance with the terms but subject to the conditions of this Agreement), and, accordingly, that the parties shall be entitled to an injunction or injunctions to prevent breaches of this Agreement or to enforce specifically the performance of the terms and provisions hereof (including the parties’ obligation to consummate the Merger and CVS’s obligation to pay, and the affected party’s stockholders’ right to receive, the aggregate Merger Consideration payable to them pursuant to the Merger, subject in each case to the terms and conditions of this Agreement) in any federal court located in the State of Delaware or any Delaware state court, in addition to any other remedy to which they are entitled at law or in equity.

73






     IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be duly executed by their respective authorized officers as of the date first written above.

CVS CORPORATION
     
By: /s/ Thomas M. Ryan
 
  Name: Thomas M. Ryan  
  Title: Chairman, CEO and President
 
     
TWAIN MERGERSUB CORP.
     
By: /s/ Thomas M. Ryan
 
  Name: Thomas M. Ryan  
  Title: President
     
     
CAREMARK RX, INC.
     
By: /s/ Edwin M. Crawford
 
  Name: Edwin M. Crawford
  Title: Chairman, CEO and President
     





EXCERPTS ON THIS PAGE:

8-K
Nov 2, 2006
DEFA14A
Nov 2, 2006

RELATED TOPICS for CVS:

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