Common use of Lost, Stolen or Damaged Stock Certificates Clause in Contracts

Lost, Stolen or Damaged Stock Certificates. In the event that any Stock Certificate shall have been lost, stolen or destroyed, upon the making of an affidavit of that fact by the Person claiming such Stock Certificate to be lost, stolen or destroyed and, if reasonably required by Parent, the delivery by such Person of an indemnification agreement and post a bond in form and substance acceptable to Parent, in Parent’s reasonable discretion, Parent will pay in exchange for such lost, stolen or destroyed Stock Certificate the consideration to be paid with respect thereto, subject to the terms and conditions in this Article II.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Rentech Inc /Co/)

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Lost, Stolen or Damaged Stock Certificates. In the event that any Stock Certificate shall have been lost, stolen or destroyed, upon the making of an affidavit of that fact by the Person claiming such Stock Certificate to be lost, stolen or destroyed Seller and, if reasonably required by Parent, the delivery by such Person Seller of an a customary indemnification agreement and post a bond in form and substance acceptable to Parent, in Parent’s reasonable discretionagreement, Parent will pay in exchange for such lost, stolen or destroyed Stock Certificate the consideration to be paid with payable in respect theretoof the shares of Company Common Stock represented by such Certificate, subject to the terms and conditions in this Article IIwithout any interest thereon.

Appears in 1 contract

Samples: Agreement and Plan of Merger (K12 Inc)

Lost, Stolen or Damaged Stock Certificates. In the event that any Stock Certificate shall have been lost, stolen or destroyed, upon the making of an affidavit of that fact by the Person claiming such Stock Certificate to be lost, stolen or destroyed and, if reasonably required by Parent, the delivery by such Person of an indemnification agreement and post a bond in such form and containing such substance acceptable to Parent, in Parent’s reasonable discretion, Parent will pay in exchange for such lost, stolen or destroyed Stock Certificate the consideration to be paid with respect thereto, subject to the terms and conditions in this Article II.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Teladoc, Inc.)

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Lost, Stolen or Damaged Stock Certificates. In the event that any Stock Certificate shall have been lost, stolen or destroyed, upon the making of an affidavit of that fact by the Person claiming such Stock Certificate to be lost, stolen or destroyed and, if reasonably required by Parent, the delivery by such Person of an indemnification agreement and post a bond in such form and containing such substance reasonably acceptable to Parent, in Parent’s reasonable discretion, Parent will pay in exchange for such lost, stolen or destroyed Stock Certificate the consideration to be paid with respect thereto, subject to the terms and conditions in this Article II.I.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Demand Media Inc.)

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