Cancellation of Treasury Stock and Subsidiary-Owned Stock. All Company Common Stock that is owned by the Company or by any of its wholly-owned Subsidiaries or held in the Company’s treasury immediately prior to the Effective Time shall be cancelled and shall cease to exist and no consideration shall be delivered in exchange therefor.
Appears in 4 contracts
Samples: Agreement and Plan of Merger (E Piphany Inc), Agreement and Plan of Merger (Ssa Global Technologies, Inc), Agreement and Plan of Merger (Ssa Global Technologies, Inc)