Common use of No Fractional Shares for Parent Common Stock Clause in Contracts

No Fractional Shares for Parent Common Stock. No fraction of a share of Parent Common Stock (or evidence of such shares in book-entry form) shall be issued upon the exchange of a Cardo Unit pursuant to this Article III, no dividends or other distributions of Parent shall relate to such fractional share interests and such fractional share interests will not entitle the owner thereof to vote or to any rights of a stockholder of Parent. Each holder of Cardo Units who would otherwise be entitled to a fraction of a share of Parent Common Stock (after aggregating all fractional shares of Parent Common Stock that otherwise would be received by such holder) shall, receive from Parent, in lieu of such fractional share, one share of Parent Common Stock.

Appears in 2 contracts

Samples: Merger Agreement, Merger Agreement (Clicknsettle Com Inc)

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No Fractional Shares for Parent Common Stock. No fraction of a share of Parent Common Stock (or evidence of such shares in book-entry form) shall be issued upon the exchange of a Cardo Unit share of Permian Common Stock pursuant to this Article IIIII, no dividends or other distributions of Parent shall relate to such fractional share interests and such fractional share interests will not entitle the owner thereof to vote or to any rights of a stockholder shareholder of Parent. Each holder of Cardo Units a share of Permian Common Stock who would otherwise be entitled to a fraction of a share of Parent Common Stock (after aggregating all fractional shares of Parent Common Stock that otherwise would be received by such holder) shall, receive from Parent, shall instead have their fraction of a share rounded up or down as determined by the Board of Permian in lieu of such fractional share, one share of Parent Common Stockits sole discretion.

Appears in 1 contract

Samples: Plan of Merger (Baron Energy Inc.)

No Fractional Shares for Parent Common Stock. No fraction of a share of Parent Common Stock (or evidence of such shares in book-entry form) shall be issued upon the exchange of a Cardo Unit share of TechniScan Common Stock pursuant to this Article IIIII, no dividends or other distributions of Parent shall relate to such fractional share interests and such fractional share interests will not entitle the owner thereof to vote or to any rights of a stockholder shareholder of Parent. Each holder of Cardo Units TechniScan Common Stock who would otherwise be entitled to a fraction of a share of Parent Common Stock (after aggregating all fractional shares of Parent Common Stock that otherwise would be received by such holder) shall, shall receive from Parent, in lieu of such fractional share, one share of Parent Common Stock.

Appears in 1 contract

Samples: Merger Agreement (Techniscan)

No Fractional Shares for Parent Common Stock. No fraction of a share of Parent Common Stock (or evidence of such shares in book-entry form) shall be issued upon the exchange of a Cardo Unit share of Loop Common Stock pursuant to this Article III, no dividends or other distributions of Parent shall relate to such fractional share interests and such fractional share interests will not entitle the owner thereof to vote or to any rights of a stockholder of Parent. Each holder of Cardo Units Loop Common Stock who would otherwise be entitled to a fraction of a share of Parent Common Stock (after aggregating all fractional shares of Parent Common Stock that otherwise would be received by such holder) shall, shall receive from Parent, in lieu of such fractional share, one share of Parent Common Stock.

Appears in 1 contract

Samples: Merger Agreement (Interlink Plus, Inc.)

No Fractional Shares for Parent Common Stock. No fraction of a share of Parent Common Stock (or evidence of such shares in book-entry form) shall be issued upon the exchange of a Cardo Unit share of TechniScan Common Stock pursuant to this Article III, no dividends or other distributions of Parent shall relate to such fractional share interests and such fractional share interests will not entitle the owner thereof to vote or to any rights of a stockholder shareholder of Parent. Each holder of Cardo Units TechniScan Common Stock who would otherwise be entitled to a fraction of a share of Parent Common Stock (after aggregating all fractional shares of Parent Common Stock that otherwise would be received by such holder) shall, shall receive from Parent, in lieu of such fractional share, one share of Parent Common Stock.

Appears in 1 contract

Samples: Merger Agreement (Techniscan)

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No Fractional Shares for Parent Common Stock. No fraction of a share of Parent Common Stock (or evidence of such shares in book-entry form) shall be issued upon the exchange of a Cardo Unit share of Target Common Stock pursuant to this Article III, no dividends or other distributions of Parent shall relate to such fractional share interests and such fractional share interests will not entitle the owner thereof to vote or to any rights of a stockholder shareholder of Parent. Each holder of Cardo Units a share of Target Common Stock who would otherwise be entitled to a fraction of a share of Parent Common Stock (after aggregating all fractional shares of Parent Common Stock that otherwise would be received by such holder) shall, receive from Parent, shall instead have their fraction of a share rounded up or down as determined by the Board of each Acquired Entity in lieu of such fractional share, one share of Parent Common Stocktheir sole discretion.

Appears in 1 contract

Samples: Merger Agreement (Baron Energy Inc.)

No Fractional Shares for Parent Common Stock. No fraction of a share of Parent Common Stock (or evidence of such shares in book-entry form) shall be issued upon the exchange of a Cardo Unit share of Banyan Common Stock pursuant to this Article IIIII, no dividends or other distributions of Parent shall relate to such fractional share interests and such fractional share interests will not entitle the owner thereof to vote or to any rights of a stockholder shareholder of Parent. Each holder of Cardo Units Banyan Common Stock who would otherwise be entitled to a fraction of a share of Parent Common Stock (after aggregating all fractional shares of Parent Common Stock that otherwise would be received by such holder) shall, shall receive from Parent, in lieu of such fractional share, one share of Parent Common Stock.

Appears in 1 contract

Samples: Plan of Merger (Assisted 4 Living, Inc.)

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