Common use of Fractional Securities Clause in Contracts

Fractional Securities. No fraction of a Parent Common Share will be issued in the Merger. In lieu of such issuance, all Parent Common Shares issued to the Company shareholders shall be rounded to the closest whole Parent Common Share.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Onhealth Network Co)

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Fractional Securities. No fraction of a Parent Common Share will be issued in connection with the MergerPurchase and Sale. In lieu of such issuance, all Parent Common Shares issued to the Company shareholders Shareholders shall be rounded up to the closest whole Parent Common Share.

Appears in 1 contract

Samples: Share Purchase Agreement (Primus Knowledge Solutions Inc)

Fractional Securities. No fraction of a Parent Common Share --------------------- will be issued in connection with the Merger. In lieu of such issuance, all Parent Common Shares issued to the Company shareholders shall be rounded to the closest whole Parent Common Share.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Primus Knowledge Solutions Inc)

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Fractional Securities. No fraction of a Parent Common Share will be issued in connection with the Merger. In lieu of such issuance, all Parent Common Shares issued to the Company shareholders stockholders shall be rounded up to the closest whole Parent Common Share.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Primus Knowledge Solutions Inc)

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