EFFECT OF THE MERGER ON SHARE CAPITAL. Section 2.1 Conversion of Share Capital 3 Section 2.2 Exchange Procedures 4 Section 2.3 Shares of Dissenting Holders 9 Section 2.4 Company Equity Awards 10 ARTICLE III REPRESENTATIONS AND WARRANTIES OF THE COMPANY Section 3.1 Organization, Standing and Power 13 Section 3.2 Capitalization 13 Section 3.3 Corporate Authorization 15 Section 3.4 Enforceability 15 Section 3.5 Non-Contravention 15 Section 3.6 Subsidiaries 16 Section 3.7 Governmental Authorizations 17 Section 3.8 Vote Required 17 Section 3.9 SEC Reports 18 Section 3.10 Financial Statements; Internal Controls 18 Section 3.11 Liabilities 19 Section 3.12 Absence of Certain Changes 20 Section 3.13 Litigation 20 Section 3.14 Investments; Derivatives 21 Section 3.15 Insurance Matters 21 Section 3.16 Material Contracts 23 Section 3.17 Benefit Plans 25 Section 3.18 Labor Relations 27 Section 3.19 Taxes 28
EFFECT OF THE MERGER ON SHARE CAPITAL. PAYMENT 13 Section 3.1. Effect on Share Capital. 13 Section 3.2. Exchange of Certificates. 14 Section 3.3. Company Options and Warrants. 16 Section 3.4. Lost Certificates. 17 Section 3.5. Transfers; No Further Ownership Rights. 17 Section 3.6. Withholding Tax. 18
EFFECT OF THE MERGER ON SHARE CAPITAL. (a) As of the Effective Time, by virtue of the Merger, subject to the other provisions of this Article II and Article III,
EFFECT OF THE MERGER ON SHARE CAPITAL. AND CAPITAL STOCK 22 Section 3.01 Effect of Merger on Rigel Securities 22 Section 3.02 Treatment of Securities of Merger Sub 23 Section 3.03 Exchange of Book-Entry Shares 23 Section 3.04 Satisfaction of Rights 25 Section 3.05 Payment of Settlement Obligations 25 ARTICLE IV SHARE EXCHANGE TRANSACTIONS 25 Section 4.01 Share Exchange 25 Section 4.02 Exchange Consideration 25 Section 4.03 Governing Documents 28 Section 4.04 Closing Payments 28 Section 4.05 Withholding Rights 29 ARTICLE V CLOSING TRANSACTIONS 29 Section 5.01 Closing 29 Section 5.02 Pre-Closing Deliverables 29 Section 5.03 Closing Deliverables 30
EFFECT OF THE MERGER ON SHARE CAPITAL. 3 Section 2.01 Effect of the Merger on Share Capital 3 Section 2.02 Surrender and Payment 4 Section 2.03 Dissenting Shares 6 Section 2.04 Adjustments 6 Section 2.05 Lost Certificates 7 Section 2.06 Treatment of Share Options, Restricted Shares and Other Share-based Compensation 7 Section 2.07 Withholding 8
EFFECT OF THE MERGER ON SHARE CAPITAL. At the Effective Time, as a result of the Merger and without any action on the part of Parent, Merger Sub or the Company or the holder of any share capital of Parent, Merger Sub or the Company:
EFFECT OF THE MERGER ON SHARE CAPITAL
