Parent Convertible Notes. Pursuant to a supplemental indenture ------------------------ reasonably satisfactory, in form and substance, to Parent and Company and executed at the Closing, Company shall become obligated, upon conversion of any of Parent's 7% convertible notes after the Effective Time, to issue to the holder thereof a number of shares of Company Common Stock calculated (in accordance with the Exchange Ratio) to reflect the number of shares of HDD Common Stock that would have been issued to such holder if such holder had converted such note immediately before the Effective Time.
Appears in 2 contracts
Samples: Amended and Restated Agreement and Plan of Merger and Reorganization (Quantum Corp /De/), Agreement and Plan of Merger and Reorganization (Quantum Corp /De/)
Parent Convertible Notes. Pursuant to a supplemental indenture ------------------------ reasonably satisfactory, in form and substance, to Parent and Company and executed at the Closing, Company shall become obligated, upon conversion of any of Parent's 7% convertible notes after the Effective Time, to issue to the holder thereof a number of shares of Company Common Stock calculated (in accordance with the Exchange Ratio) to reflect the number of shares of HDD Common Stock that would have been issued to such holder if such holder had converted such note immediately before the Effective Time.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Maxtor Corp), Agreement and Plan of Merger (Maxtor Corp)
