Common use of No Further Ownership Rights in the Company Common Stock Clause in Contracts

No Further Ownership Rights in the Company Common Stock. All Merger Consideration paid upon surrender of Certificates in accordance with the terms hereof shall be deemed to have been issued in full satisfaction of all rights pertaining to the Company Common Stock represented thereby. As of the Effective Time, the stock transfer books of the Company shall be closed and there shall be no further registration of transfers on the Company’s stock transfer books of the Company Common Stock formerly owned by the Company Holders. If, after the Effective Time, Certificates are presented to the Surviving Corporation for any reason, they shall be canceled and exchanged for the appropriate Merger Consideration as provided in this Section 1.05.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Rem Consulting of Ohio, Inc.), Agreement and Plan of Merger (National Mentor Holdings, Inc.)

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No Further Ownership Rights in the Company Common Stock. All Merger Consideration paid issued upon surrender of Certificates a Certificate in accordance with the terms hereof shall be deemed to have been issued in full satisfaction of all rights pertaining to such shares of the Company Common Stock represented thereby. As of the Effective Time, the stock transfer books of the Company shall be closed and there shall be no further registration of transfers on the Company’s stock transfer books of the Company of shares of the Company's Common Stock formerly owned by or the Company HoldersCompany's Preferred Stock outstanding immediately prior to the Effective Time. If, after the Effective Time, Certificates are presented to the Surviving Corporation for any reason, they shall be canceled and exchanged for the appropriate Merger Consideration as provided in this Section 1.05Article 2.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Kingsway Financial Services Inc)

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No Further Ownership Rights in the Company Common Stock. All The Merger Consideration paid upon the surrender for exchange of Certificates shares of the Company Common Stock in accordance with the terms hereof shall be deemed to have been issued paid in full satisfaction of all rights pertaining to such shares of the Company Common Stock represented thereby. As of the Effective TimeStock, the stock transfer books of the Company shall be closed and there shall be no further registration of transfers on the Company’s stock transfer books of the Surviving Corporation of the shares of the Company Common Stock formerly owned by which were outstanding immediately prior to the Company HoldersEffective Time. If, after the Effective Time, Certificates are presented to the Surviving Corporation for any reason, they shall be canceled and exchanged for the appropriate Merger Consideration as provided in this Section 1.05Article 2.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Richey Electronics Inc)

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