Common use of Parent-Owned Shares and Shares Held in Treasury Clause in Contracts

Parent-Owned Shares and Shares Held in Treasury. Each Company Share held in the treasury (dormant shares) of the Company, together with any Company Shares reserved for future grants under the Company Share Plan, or owned by Parent or any direct or indirect wholly owned Subsidiary of the Company or of Parent immediately prior to the Effective Time, if any, shall be canceled and retired without any conversion or consideration paid in respect thereof and shall cease to exist.

Parent-Owned Shares and Shares Held in Treasury. Each Company Share held in the treasury (dormant shares) of the Company, together with any Company Shares reserved for future grants under the Company Share Plan, or owned by Parent or any direct or indirect wholly owned Subsidiary of the Company or of Parent immediately prior to the Effective Time, if any, shall be canceled and retired without any conversion or consideration paid in respect thereof and shall cease to exist.

Parent-Owned Shares and Shares Held in Treasury. Each Company Ordinary Share held in the treasury (dormant shares) of the Company, together with any Company Shares reserved for future grants under the Company Share Plan, or owned by Parent or any direct or indirect wholly wholly-owned Subsidiary of the Company or of Parent immediately prior to the Effective Time, if any, shall be canceled and retired without any conversion or consideration paid in respect thereof and shall cease to exist.

Parent-Owned Shares and Shares Held in Treasury. Each Company Share held in the treasury (dormant shares) of the Company, together with any Company Shares reserved for future grants under the Company Share Plan, or owned by Parent or any direct or indirect wholly wholly-owned Subsidiary of the Company or of Parent immediately prior to the Effective Time, if any, shall be canceled and retired without any conversion or consideration paid in respect thereof and shall cease to exist.