No Further Ownership Rights in the Seller's Shares; No Transfer Following the Closing Date. All shares of Purchaser's Common Stock issued upon the surrender for exchange of Certificates in accordance with the terms of this Article II shall be deemed to have been issued (and paid) in full satisfaction of all rights pertaining to the Shares of the Seller's Shareholder theretofore represented by such Certificate, and there shall be no further registration of transfers on the Shares transfer books of the Seller with respect to Shares outstanding prior to the Closing Date. If, after the Closing Date, Certificates are presented to the Seller or the Exchange Agent for any reason, they shall be canceled and exchanged as provided in this Article II, except as otherwise provided by law.
Appears in 4 contracts
Samples: Agreement of Share Exchange (House of BODS Fitness, Inc.), Agreement of Share Exchange (House of BODS Fitness, Inc.), Agreement of Share Exchange and Purchase and Sale (New Pacific Ventures Inc)
