Common use of Cancellation of Certain Common Stock Clause in Contracts

Cancellation of Certain Common Stock. Each share of common stock, par value $0.001 per share, of the Company (the “Common Stock”) that is owned by Merger Sub, Parent, the Company (as treasury stock or otherwise) or any Subsidiary of the Company (each an “Excluded Share,” and collectively the “Excluded Shares”) will automatically be cancelled and will cease to exist, and no consideration will be delivered in exchange therefor.

Appears in 5 contracts

Samples: Merger Agreement (Emageon Inc), Merger Agreement (Emageon Inc), Merger Agreement (AMICAS, Inc.)

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Cancellation of Certain Common Stock. Each share of common stock, par value $0.001 per share, of the Company (the “Common Stock”) Stock that is owned by Merger Sub, Parent, the Company (as treasury stock or otherwise) or any Subsidiary of the Company (each an “Excluded Share,” and collectively the “Excluded Shares”) will automatically be cancelled and will cease to exist, and no consideration will be delivered in exchange therefor.

Appears in 1 contract

Samples: Stock Purchase and Merger Agreement (GTC Biotherapeutics Inc)

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