Common use of Issuance of Spinco Common Stock Clause in Contracts

Issuance of Spinco Common Stock. On or before the Distribution Date, and in exchange for the transfer of the assets as provided above, and the surrender for reissue of all certificates representing outstanding Spinco Common Stock, Spinco will issue and deliver to PNX a certificate representing shares of Spinco Common Stock constituting all the shares to be distributed as provided in Section 3.03 below.

Appears in 3 contracts

Samples: Separation Agreement (Virtus Investment Partners, Inc.), Separation Agreement (Virtus Investment Partners, Inc.), Separation Agreement (Phoenix Companies Inc/De)

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Issuance of Spinco Common Stock. On or before the Distribution Date, and in exchange for the transfer of the assets Assets as provided above, and the surrender for reissue of all certificates representing outstanding Spinco Common Stock, Spinco will issue and deliver to PNX L-3 a certificate representing shares of Spinco Common Stock constituting all the shares to be distributed as provided in Section 3.03 3.04 below.

Appears in 3 contracts

Samples: Distribution Agreement (Engility Holdings, Inc.), Distribution Agreement (Engility Holdings, Inc.), Distribution Agreement (L 3 Communications Holdings Inc)

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Issuance of Spinco Common Stock. On or before the Distribution Date, and in exchange for the transfer of the assets as provided above, and the surrender for reissue of all certificates representing outstanding Spinco Common Stock, Spinco will issue and deliver to PNX Parent a single certificate representing shares of Spinco Common Stock constituting all the shares to be distributed as provided in Section 3.03 3.3 below.

Appears in 2 contracts

Samples: Separation Agreement (Michigan Commerce Bancorp LTD), Separation Agreement (Michigan Commerce Bancorp LTD)

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