Common use of Cancellation of JIS Series B Preferred Shares Clause in Contracts

Cancellation of JIS Series B Preferred Shares. Each share of JIS Series B Preferred Shares, par value $.01 per share ("JIS Series B Preferred Shares"), issued and outstanding immediately prior to the Effective Time shall cease to the outstanding and shall automatically be canceled and retired at the Effective Time of the Merger.

Appears in 4 contracts

Samples: Agreement and Plan of Merger (Judge Imaging Systems Inc /), Agreement and Plan of Merger (Judge Imaging Systems Inc /), Agreement and Plan of Merger (Judge Group Inc)

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