Common use of Cancellation of Treasury Shares of the Company Clause in Contracts

Cancellation of Treasury Shares of the Company. All shares of capital stock of the Company issued and outstanding immediately prior to the Effective Time and are owned directly or indirectly by the Company (whether as treasury shares or otherwise) or Buyer, Merger Sub I or their respective Subsidiaries will be automatically cancelled and will cease to exist and no consideration will be delivered in exchange therefor.

Cancellation of Treasury Shares of the Company. All shares of capital stock of the Company issued and outstanding immediately prior to the Effective Time and that are owned directly or indirectly by the Company (whether as treasury shares or otherwise) or Buyer, Merger Sub I or their respective Subsidiaries will automatically shall be automatically cancelled and will shall cease to exist and no consideration will shall be delivered in exchange therefor.

Cancellation of Treasury Shares of the Company. All shares Each share of capital stock of the Company issued and outstanding immediately prior to the Effective Time and are that is owned directly or indirectly by the Company (whether as treasury shares stock or otherwise) or Buyer, Merger Sub I or their respective Subsidiaries will shall automatically be automatically cancelled and will retired and shall cease to exist exist, and no cash or other consideration will shall be delivered or deliverable in exchange therefor.

Cancellation of Treasury Shares of the Company. All shares Each share of capital stock of the Company issued and outstanding immediately prior to the Effective Time and are that is owned directly or indirectly by the Company (whether as treasury shares stock or otherwise) or Buyerby any Parent Entity or any of its Subsidiaries immediately prior to the Effective Time (collectively, Merger Sub I or their respective Subsidiaries will the “Cancelled Shares”) shall no longer be outstanding and shall automatically be cancelled and will retired and shall cease to exist exist, and no cash or other consideration will shall be delivered or deliverable in exchange therefor.

Cancellation of Treasury Shares of the Company. All shares Each share of capital stock of the Company issued that is owned by the Company and outstanding held in treasury immediately prior to the Effective Time shall automatically be canceled or retired and are owned directly or indirectly by the Company (whether as treasury shares or otherwise) or Buyer, Merger Sub I or their respective Subsidiaries will be automatically cancelled and will shall cease to exist and no exist, without any consideration will be delivered in exchange thereforthereof.

Cancellation of Treasury Shares of the Company. All At the Effective Time, by virtue of the Merger and without any further action on the part of Buyer, Merger Sub or the Company, all shares of capital stock of the Company issued and outstanding that are owned by the Company immediately prior to the Effective Time and are owned directly or indirectly by the Company (whether as treasury shares or otherwise) or Buyer, Merger Sub I or their respective Subsidiaries will shall be automatically cancelled and will shall cease to exist and no consideration will shall be delivered in exchange therefor.

Cancellation of Treasury Shares of the Company. All shares Each share of capital stock of the Company issued and outstanding immediately prior to the Effective Time and are that is owned directly or indirectly by the Company (whether as treasury shares stock or otherwise) or Buyerby any Parent Entity or any of its Subsidiaries immediately prior to the Effective Time (collectively, Merger Sub I or their respective Subsidiaries will the “Cancelled Shares”) shall no longer be outstanding and shall automatically be cancelled and will retired and shall cease to exist exist, and no cash or other consideration will shall be delivered or deliverable in exchange therefor.therefor.‌

Cancellation of Treasury Shares of the Company. All shares of capital stock of the Company issued and outstanding immediately prior to the Effective Time and are owned directly or indirectly by the Company (whether as treasury shares or otherwise) or Buyer, Merger Sub I or their respective Subsidiaries will be automatically cancelled and will cease to exist and no consideration will be delivered in exchange therefor.