Common use of Exchange of Shares; Waiver of Rights of Appraisal Clause in Contracts

Exchange of Shares; Waiver of Rights of Appraisal. If the requisite number of holders of Target Common Stock approve the Merger and the Merger Agreement, the Shareholder's Shares shall, pursuant to the terms of the Merger Agreement, be exchanged for the consideration provided in the Merger Agreement. The Shareholder hereby waives any rights of appraisal with respect to the Merger, or rights to dissent from the Merger, that such Shareholder may have.

Appears in 5 contracts

Samples: Tender and Option Agreement (Duck Head Apparel Co Inc), Tender and Option Agreement (Mickel Buck A), Tender and Option Agreement (Maddrey E Erwin Ii)

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Exchange of Shares; Waiver of Rights of Appraisal. If the requisite number of the holders of Target Common Frontstep Stock approve the Merger and the Merger Agreement, the Shareholder's ’s Shares shall, pursuant to the terms of the Merger Agreement, be exchanged for the consideration provided in the Merger Agreement. The Shareholder hereby waives any rights of appraisal with respect to the Merger, or rights to dissent from the Merger, that such Shareholder may have.

Appears in 1 contract

Samples: Shareholder Agreement (Mapics Inc)

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