Delivery of Cash Payment. Not later than two (2) business days after the Confirmation Date, Zhone and the Surviving Corporation shall cause the Exchange Agent to effect the exchange of Certificates representing the OptaPhone Common Stock and OptaPhone Preferred Stock for the applicable Cash Payment in accordance with the procedures specified in Section 2.8 and the Agreement of Merger.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Zhone Technologies Inc)
Delivery of Cash Payment. Not later than two (2) business days ------------------------ after the Confirmation Date, Zhone and the Surviving Corporation shall cause the Exchange Agent to effect the exchange of Certificates representing the OptaPhone CAG Common Stock and OptaPhone Preferred Option agreements representing options to purchase CAG Common Stock for the applicable Cash Payment in accordance with the procedures specified in Section 2.8 and the Agreement of Merger.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Zhone Technologies Inc)
Delivery of Cash Payment. Not later than two (2) business days after the Confirmation Date, Zhone and the Surviving Corporation shall cause the Exchange Agent to effect the exchange of Certificates representing the OptaPhone CAG Common Stock and OptaPhone Preferred Option agreements representing options to purchase CAG Common Stock for the applicable Cash Payment in accordance with the procedures specified in Section 2.8 and the Agreement of Merger.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Zhone Technologies Inc)
Delivery of Cash Payment. Not later than two (2) business days ------------------------ after the Confirmation Date, Zhone and the Surviving Corporation shall cause the Exchange Agent to effect the exchange of Certificates representing the OptaPhone Common Stock and OptaPhone Preferred Stock for the applicable Cash Payment in accordance with the procedures specified in Section 2.8 and the Agreement of Merger.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Zhone Technologies Inc)