Cancellation of Certain Company Common Stock. Each share of Company Common Stock held in the treasury of the Company or by any Company Subsidiary shall be cancelled and extinguished without any conversion thereof and no payment shall be made with respect thereto.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Fpic Insurance Group Inc), Agreement and Plan of Merger (American Physicians Capital Inc)
Cancellation of Certain Company Common Stock. Each share of Company Common Stock held in the treasury of that is owned by the Company or by any Company Subsidiary as treasury stock, if any, (the “Canceled Shares”), shall be cancelled canceled and extinguished without any conversion thereof shall cease to exist, and no payment consideration shall be made with respect theretodelivered in exchange therefor.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Par Petroleum Corp/Co)
Cancellation of Certain Company Common Stock. Each share All shares of the Company Common Stock that are held (i) in the treasury of the Company Company; or (ii) by any wholly-owned subsidiary of the Company Subsidiary shall be cancelled and extinguished shall cease to exist without any conversion thereof and no payment shall be made with respect theretoconsideration payable therefor.
Appears in 1 contract
