Common use of Company Restricted Shares Clause in Contracts

Company Restricted Shares. Each Company Restricted Share outstanding immediately prior to the Effective Time, whether or not then vested, shall fully vest in accordance with their terms and each shall be treated as an outstanding Company Common Share for purposes of Section 2.8.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Snap Interactive, Inc), Agreement and Plan of Merger (LiveXLive Media, Inc.)

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Company Restricted Shares. Each Company Restricted Share that is outstanding immediately prior to the Effective Time shall, as of the Effective Time, whether or not then vested, shall fully (i) vest in accordance with their terms and each shall full, (ii) be treated as an outstanding deemed to constitute fully vested shares of Company Common Share for purposes of Stock, and (iii) be converted into, and canceled in exchange for, the right to receive the Merger Consideration pursuant to Section 2.82.1(a)(iii).

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Freeport McMoran Copper & Gold Inc), Agreement and Plan of Merger (Plains Exploration & Production Co)

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Company Restricted Shares. Each Company Restricted Share that is outstanding immediately prior to the Effective Time shall, as of the Effective Time, whether or not then vested, shall fully (i) vest in accordance with their terms and each shall full, (ii) be treated as an outstanding deemed to constitute fully vested shares of Company Common Share for purposes of Stock, and (iii) be converted into, and canceled in exchange for, the right to receive the Merger Consideration pursuant to Section 2.82.1(c).

Appears in 1 contract

Samples: Agreement and Plan of Merger (Delta Natural Gas Co Inc)

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