Election Forms and Types of Elections. An election form in such form and substance as designated by Buyer and reasonably acceptable to Company (the “Election Form”) shall be mailed with the Joint Proxy Statement/Prospectus (the “Mailing Date”) to each holder of record of Company Common Stock as of the Company Record Date. Buyer shall make available one or more Election Forms as may be reasonably requested by all persons who become holders of Company Common Stock after the Company Record Date and prior to the Election Deadline, and the Company shall promptly provide or cause to be provided to the Exchange Agent all information in Company’s possession reasonably necessary for it to perform its obligations as specified herein. In the event that Buyer submits a Cash Consideration Notice, subject to the other provisions of this Article III, each Election Form shall permit the holder (or the beneficial owner through appropriate and customary documentation and instructions) to elect (an “Election”) to receive either (A) Buyer Common Stock (a “Stock Election”) with respect to all of such holder’s Company Common Stock, (B) cash (a “Cash Election”) with respect to all of such holder’s Company Common Stock, or (C) Buyer Common Stock in exchange for either a specified number of shares of Company Common Stock (a “Combination Stock Election”) or cash in exchange for a specified number of shares of Company Common Stock (a “Combination Cash Election”). Any Company Common Stock (other than Dissenting Shares or Excluded Shares) with respect to which the holder (or indirectly the beneficial owner) shall not have submitted to the Exchange Agent an effective, properly completed Election Form, which was received prior to the Election Deadline, shall be deemed to be “Undesignated Shares” under this Agreement.
Appears in 2 contracts
Samples: Merger Agreement (Spectrian Corp /Ca/), Merger Agreement (Spectrian Corp /Ca/)
Election Forms and Types of Elections. An election form in such form and substance as designated by Buyer Parent and reasonably acceptable to the Company (the “Election Form”) shall be mailed by the Company with the Joint Proxy Statement/Prospectus (the “Mailing Date”) to each holder of record of Company Common Stock as of the Company Record Date. Buyer Parent shall make available one or more Election Forms as may be reasonably requested by all persons who become holders of Company Common Stock after the Company Record Date and prior to the Election Deadline, and the Company shall promptly provide or cause to be provided to the Exchange Agent all information in the Company’s possession reasonably necessary for it to perform its obligations as specified herein. In the event that Buyer submits a Cash Consideration Notice, subject Subject to the other provisions of this Article IIIII, each Election Form shall permit the holder (or the beneficial owner through appropriate and customary documentation and instructions) to elect (an “Election”) to receive either (A) Buyer Parent Common Stock (a “Stock Election”) with respect to all of such holder’s Company Common Stock, (B) cash (a “Cash Election”) with respect to all of such holder’s Company Common Stock, or (C) Buyer Parent Common Stock in exchange for either a specified number of shares of Company Common Stock (a “Combination Stock Election”) or and cash in exchange for a specified number of shares of Company Common Stock (a “Combination Cash Election”). Any Company Common Stock (other than Dissenting Shares or Excluded Shares) with respect to which the holder (or indirectly the beneficial owner) shall not have submitted to the Exchange Agent an effective, properly completed Election Form, which was received prior to the Election Deadline, shall be deemed to be “Undesignated Shares” under this Agreement.
Appears in 2 contracts
Samples: Merger Agreement (Intersil Corp/De), Merger Agreement (Intersil Corp/De)
Election Forms and Types of Elections. An election form in such form and substance as designated by Buyer Parent and reasonably acceptable to the Company (the “"Election Form”") shall be mailed by the Company with the Joint Proxy Statement/Prospectus (the “"Mailing Date”") to each holder of record of Company Common Stock as of the Company Record Date. Buyer Parent shall make available one or more Election Forms as may be reasonably requested by all persons who become holders of Company Common Stock after the Company Record Date and prior to the Election Deadline, and the Company shall promptly provide or cause to be provided to the Exchange Agent all information in the Company’s 's possession reasonably necessary for it to perform its obligations as specified herein. In the event that Buyer submits a Cash Consideration Notice, subject Subject to the other provisions of this Article IIIII, each Election Form shall permit the holder (or the beneficial owner through appropriate and customary documentation and instructions) to elect (an “"Election”") to receive either (A) Buyer Parent Common Stock (a “"Stock Election”") with respect to all of such holder’s 's Company Common Stock, (B) cash (a “"Cash Election”") with respect to all of such holder’s 's Company Common Stock, or (C) Buyer Parent Common Stock in exchange for either a specified number of shares of Company Common Stock (a “"Combination Stock Election”") or and cash in exchange for a specified number of shares of Company Common Stock (a “"Combination Cash Election”"). Any Company Common Stock (other than Dissenting Shares or Excluded Shares) with respect to which the holder (or indirectly the beneficial owner) shall not have submitted to the Exchange Agent an effective, properly completed Election Form, which was received prior to the Election Deadline, shall be deemed to be “"Undesignated Shares” " under this Agreement.
Appears in 1 contract
Samples: Merger Agreement (Xicor Inc)