Common use of Cancellation of Company Stock Clause in Contracts

Cancellation of Company Stock. Upon surrender of each Certificate and delivery by Parent of the Merger Shares to be delivered in exchange therefor, such Certificate shall forthwith be canceled. Until so surrendered, each Certificate shall be deemed for all corporate purposes to evidence only the right to receive upon such surrender the aggregate number of Merger Shares into which the Company Stock represented thereby shall have been converted in accordance with the terms and upon the conditions of this Agreement.

Cancellation of Company Stock. Upon surrender of each Certificate and delivery by Parent of the Merger Shares to be delivered in exchange therefor, such Certificate shall forthwith be canceled. Until so surrendered, each Certificate shall be deemed for all corporate purposes to evidence only the right to receive upon such surrender the aggregate number of Merger Shares into which the Company Stock represented thereby shall have been converted in accordance with the terms and upon the conditions of this AgreementAgreement (including, without limitation, the requirement that a portion of such Merger Shares be deposited with the Depositary Agent).

Cancellation of Company Stock. Upon surrender of each Certificate and delivery by Parent Buyer of the Merger Shares Transaction Consideration to be delivered in exchange therefor, such Certificate shall forthwith be canceledcancelled. Until so surrendered, each Certificate (other than Certificates representing Company Dissenting Shares) shall be deemed for all corporate purposes to evidence only the right to receive upon such surrender the aggregate number of Merger Shares Transaction Consideration into which the Company Stock represented thereby shall have been converted in accordance with the terms and upon the conditions of this Agreement.

Cancellation of Company Stock. Upon surrender of each Certificate and delivery by Parent the Paying Agent of the Merger Shares portion of the Transaction Consideration to be delivered in exchange therefor, such Certificate shall forthwith be canceledcancelled. Until so surrendered, each Certificate (other than Certificates representing Company Dissenting Shares) shall be deemed for all corporate purposes to evidence only the right to receive upon such surrender the aggregate number portion of Merger Shares the Transaction Consideration into which the Company Stock represented thereby shall have been converted in accordance with the terms and upon the conditions of this Agreement.

Cancellation of Company Stock. Upon surrender of each Certificate and delivery by Parent of the Merger Shares to be delivered in exchange therefor, such Certificate shall forthwith be canceled. Until so surrendered, each Certificate shall be deemed for all corporate purposes to evidence only the right to receive upon such surrender the aggregate number of Merger Shares into which the Company Stock represented thereby shall have been converted in accordance with the terms and upon the conditions of this AgreementAgreement (including, without limitation, the requirement that a portion of such Merger Shares be deposited with the Escrow Agent).

Cancellation of Company Stock. Upon surrender of each Certificate and delivery by Parent Buyer of the Merger Shares Consideration to be delivered in exchange therefor, such Certificate shall forthwith be canceled. Until so surrendered, each Certificate shall be deemed for all corporate purposes to evidence only the right to receive upon such surrender its pro rata share of the aggregate number of Merger Shares into which the Company Stock represented thereby shall have been converted Consideration in accordance with the terms and upon the conditions of this Agreement, the Transmittal Letter and the Exchange Agent Agreement.

Cancellation of Company Stock. Upon surrender of each Certificate and delivery by Parent of the Merger Shares Transaction Consideration to be delivered in exchange therefor, such Certificate shall forthwith be canceled. Until so surrendered, each Certificate (other than Certificates representing Company Dissenting Shares) shall be deemed for all corporate purposes to evidence only the right to receive upon such surrender the aggregate number of Merger Shares Transaction Consideration into which the Company Stock represented thereby shall have been converted in accordance with the terms and upon the conditions of this Agreement.