Common use of No Further Transfers of Capital Stock of the Company Clause in Contracts

No Further Transfers of Capital Stock of the Company. As of the Effective Time, the stock transfer books of the Company shall be closed, and thereafter there shall be no further registration of transfers on the stock transfer books of the Company of the shares of the Company which were issued and outstanding immediately prior to the Effective Time. If, after the Effective Time, Certificates representing Company Shares that were outstanding immediately prior to the Effective Time are presented to the Company for any reason, they shall be canceled and exchanged as provided in Section 1.5(a).

Appears in 3 contracts

Samples: Agreement (Eos International Inc), Agreement and Plan of Merger (Base Ten Systems Inc), Agreement and Plan of Merger (Base Ten Systems Inc)

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No Further Transfers of Capital Stock of the Company. As of the Effective Time, the stock transfer books of the Company shall be closed, and thereafter there shall be no further registration of transfers on the stock transfer books of the Surviving Company of the shares of the Company which were issued and outstanding immediately prior to the Effective Time. If, after the Effective Time, Certificates representing Company Shares that were outstanding immediately prior to the Effective Time are presented to the Surviving Company for any reason, they shall be canceled and exchanged as provided in Section 1.5(a).

Appears in 1 contract

Samples: Stockholders Agreement (Techsys Inc)

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