Fractional Consideration Shares. Notwithstanding any other provision of this Agreement, no fractional Consideration Shares will be issued in connection with the Share Exchange. In lieu of any such fractional Consideration Shares, any Target Shareholder entitled to receive a fractional amount of Consideration Shares will be entitled to have such fraction rounded up to the nearest whole number of applicable Consideration Shares and will receive from the Purchaser a certificate representing same.
Appears in 5 contracts
Samples: Share Exchange Agreement (Swingplane Ventures, Inc.), Share Exchange Agreement (Swingplane Ventures, Inc.), Share Exchange Agreement (Swingplane Ventures, Inc.)
Fractional Consideration Shares. Notwithstanding any other provision of this Agreement, no fractional Consideration Shares will be issued in connection with the Share Exchange. In lieu of any such fractional Consideration Shares, any Target Accepting Shareholder entitled to receive a fractional amount of Consideration Shares will be entitled to have such fraction rounded up to the nearest whole number of applicable Consideration Shares and will receive from the Purchaser a certificate representing same.
Appears in 2 contracts
Samples: Share Exchange Agreement (Newcastle Resources Ltd.), Share Exchange Agreement (Newcastle Resources Ltd.)
Fractional Consideration Shares. Notwithstanding any other provision of this Agreement, no fractional Consideration Shares will be issued in connection with the Share Exchange. In lieu of any such fractional Consideration Shares, any Target Shareholder entitled to receive a fractional amount of Consideration Shares will be entitled to have such fraction rounded up to the nearest whole number of applicable Consideration Shares and will receive from the Purchaser a certificate representing same.
Appears in 2 contracts
Samples: Share Exchange Agreement (Kunekt Corp), Share Exchange Agreement (Kunekt Corp)
Fractional Consideration Shares. Notwithstanding any other provision of this Agreement, no No fractional Consideration Shares will be issued in connection with the Share Exchange. In lieu of any such fractional Consideration Shares, any Target if the Shareholder is entitled to receive a fractional amount of Consideration Shares Shares, it will be entitled to have such fraction rounded up to the nearest whole number of applicable Consideration Shares and will receive from the Purchaser a certificate representing same.
Appears in 1 contract
Samples: Share Exchange Agreement (Newcastle Resources Ltd.)
