Common use of Evidence of Ownership of Rights Clause in Contracts

Evidence of Ownership of Rights. The Rights will be evidenced by certificates for Common Stock together with this summary of rights or, in the case of uncertificated shares of Common Stock, by the book-entry account that evidences record ownership for such shares, each as registered in the names of holders of our Common Stock outstanding as of the Record Date, and not by separate Right certificates. Until the Distribution Date (or earlier redemption, exchange or expiration of the Rights), new Common Stock certificates issued after the Record Date will contain a legend incorporating the Rights Agreement by reference. With respect to any book-entry shares of Common Stock, such legend shall be included in a notice to the record holder of such shares. Until the Distribution Date (or earlier redemption, exchange or expiration of the Rights), the surrender for transfer of any such certificate or book-entry shares, except as otherwise provided in the Rights Agreement, shall also constitute the transfer of the Rights associated with the Common Stock. As soon as practicable following the Distribution Date, separate certificates evidencing the Rights (“Right Certificates”) will be mailed to holders of record of our Common Stock as of the close of business on the Distribution Date, and such separate certificates alone will evidence the Rights from and after the Distribution Date.

Appears in 4 contracts

Samples: Rights Agreement (FXCM Inc.), Rights Agreement (FXCM Inc.), Rights Agreement (Health Management Associates, Inc)

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Evidence of Ownership of Rights. The Rights will be evidenced by certificates for Common Stock together with this summary of rights or, in the case of uncertificated shares of Common Stock, by the book-entry account that evidences record ownership for such shares, each as registered in the names of holders of our Common Stock outstanding as of the Record Date, and not by separate Right certificates. Until the Distribution Date (or earlier redemption, exchange or expiration of the Rights), new Common Stock certificates issued after the Record Date will contain a legend incorporating the Rights Agreement by reference. With respect to any book-entry shares of Common Stock, such legend shall be included in a notice to the record holder of such shares. Until the Distribution Date (or earlier redemption, exchange or expiration of the Rights), the surrender for transfer of any such certificate or book-entry shares, except as otherwise provided in the Rights Agreement, shall also constitute the transfer of the Rights associated with the Common Stock. As soon as practicable following the Distribution Date, separate certificates evidencing the Rights (“Right Certificates”) will be mailed to holders of record of our Common Stock as of the close of business on the Distribution Date, and such separate certificates alone will evidence the Rights from and after the Distribution Date.. US_ACTIVE:\44377314\4\11727.0008

Appears in 1 contract

Samples: Rights Agreement (Aeropostale Inc)

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