Cancellation of Excluded Company Shares. Each Excluded Company Share issued and outstanding immediately prior to the Effective Time shall, by virtue of the Merger and without any action on the part of the holder thereof, no longer be outstanding, shall be canceled and retired without payment of any consideration therefor and shall cease to exist.
Appears in 12 contracts
Samples: Agreement and Plan of Merger (Lamar Advertising Co/New), Employment Agreement (Devon Energy Corp/De), Agreement and Plan of Merger (Devon Energy Corp/De)
Cancellation of Excluded Company Shares. Each Excluded Company Share --------------------------------------- issued and outstanding immediately prior to the Effective Time shall, by virtue of the Merger and without any action on the part of the holder thereof, no longer be outstanding, shall be canceled and retired without payment of any consideration therefor and shall cease to exist.
Appears in 1 contract
Samples: Stockholder Agreement (Alza Corp)
Cancellation of Excluded Company Shares. Each Excluded Company Share issued and outstanding immediately prior to the Effective Time Closing Date shall, by virtue of the Merger and without any action on the part of the holder thereof, no longer be outstanding, shall be canceled and retired without payment of any consideration therefor and shall cease to exist.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Advanced Bio/Chem Inc)
Cancellation of Excluded Company Shares. Each Excluded Company --------------------------------------- Share issued and outstanding immediately prior to the Effective Time shall, by virtue of the Merger and without any action on the part of the holder thereof, no longer be outstanding, shall be canceled and retired without payment of any consideration therefor and shall cease to exist.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Consolidated Natural Gas Co/Va)
