Common use of Dissenting Stockholders Clause in Contracts

Dissenting Stockholders. Holders of no more than two percent (2%) of the issued and outstanding Company Capital Stock (on an as-converted to Company Common Stock basis) as of immediately prior to the Effective Time shall have elected to, or continue to have a right to, exercise appraisal or similar rights under Law with respect to such shares by virtue of the Merger.

Appears in 1 contract

Samples: Merger Agreement (Ellie Mae Inc)

AutoNDA by SimpleDocs

Dissenting Stockholders. Holders of no more than two percent (2%) % of the issued and outstanding Company Capital Stock (on an as-converted to Company Common Stock basis) as of immediately prior to the Effective Time shall have elected to, or continue to have a right to, exercise appraisal dissenters’ or similar rights under Law with respect to such shares by virtue of the Merger.

Appears in 1 contract

Samples: Merger Agreement (Vonage Holdings Corp)

Dissenting Stockholders. Holders of no more than two percent (2%) 5% of the issued and outstanding Company Capital Stock (on an as-converted to Company Common Stock basis) as of immediately prior to the Effective Time shall have elected to, or continue to have a right to, exercise appraisal or similar rights under Law with respect to such shares by virtue of the Merger.

Appears in 1 contract

Samples: Merger Agreement (Vonage Holdings Corp)

Dissenting Stockholders. Holders of no Stockholders holding not more than two percent (2%) 5% of the issued and outstanding Company Capital Stock outstanding immediately prior to the Effective Time (on an as-converted to Company Common Stock basis) as of immediately prior to the Effective Time shall have elected to, or continue to have a right to, exercise exercised appraisal or similar rights under Law with respect to such shares by virtue of capital stock of the MergerCompany held by them under the DGCL or other similar rights (if any) under applicable law.

Appears in 1 contract

Samples: Merger Agreement (Demand Media Inc.)

AutoNDA by SimpleDocs

Dissenting Stockholders. Holders of no more than two five percent (25%) of the issued and outstanding Company Capital Stock (on an as-converted to Company Common Stock basis) as of immediately prior to the Effective Time shall have elected to, or continue to have a right to, exercise appraisal or similar rights under Law with respect to such shares by virtue of the Merger.

Appears in 1 contract

Samples: Merger Agreement (Vonage Holdings Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!