Common use of Delivery of Company Common Stock Clause in Contracts

Delivery of Company Common Stock. Prior to the Closing, the Parent will deliver to each of the Shareholders a Letter of Transmittal, in substantially the form attached hereto as Exhibit 2.2, to be used by each Shareholder for surrendering to Parent certificates representing all the Company Common Stock in exchange for the right to receive the Exchange Consideration. On the Closing Date, certificates for all of the Company Common Stock held by each Shareholder will be delivered by such Shareholder to the Escrow Agent in accordance with the Escrow Agreement for the benefit of the Parent together with properly completed and executed Letters of Transmittal.

Appears in 3 contracts

Samples: Agreement and Plan of Exchange (Brightstar Information Technology Group Inc), Agreement and Plan of Exchange (Brightstar Information Technology Group Inc), Agreement and Plan of Exchange (Brightstar Information Technology Group Inc)

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Delivery of Company Common Stock. Prior to the Closing, the Parent will deliver to each of the Shareholders Shareholder a Letter of Transmittal, in substantially the form attached hereto as Exhibit 2.2, to be used by each Shareholder for surrendering to Parent certificates representing all the Company Common Stock in exchange for the right to receive the Exchange Consideration. On the Closing Date, certificates for all of the Company Common Stock held by each Shareholder will be delivered by such Shareholder to the Escrow Agent in accordance with the Escrow Agreement for the benefit of the Parent together with properly completed and executed Letters of Transmittal.

Appears in 1 contract

Samples: Agreement and Plan of Exchange (Brightstar Information Technology Group Inc)

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Delivery of Company Common Stock. Prior to the Closing, the Parent will deliver to each of the Shareholders a Letter of Transmittal, in substantially the form attached hereto as Exhibit 2.2, to be used by each Shareholder for surrendering to Parent certificates representing all the Company Common Stock in exchange for the right to receive the Exchange Consideration and the Earnout Consideration. On the Closing Date, certificates for all of the Company Common Stock held by each Shareholder will be delivered by such Shareholder to the Escrow Agent in accordance with the Escrow Agreement for the benefit of the Parent together with properly completed and executed Letters of Transmittal.

Appears in 1 contract

Samples: Agreement and Plan of Exchange (Brightstar Information Technology Group Inc)

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