Contribution of the Shares. Upon the terms of this Agreement and effective as of the Effective Time, Transferor hereby transfers, assigns and delivers to Transferee, as a contribution to the capital of Transferee, all of Transferor’s right, title and interest in and to the Shares without consideration therefor. The transfer, assignment and delivery of the Shares pursuant to this Agreement shall be reflected in the books and records of Transferee as of the Effective Time.
Appears in 4 contracts
Samples: Contribution Agreement (Gores Holdings, Inc.), Contribution Agreement (Gores Holdings, Inc.), Contribution Agreement (WL Ross Holding Corp.)
