Reorganization of Corporation. In case the Corporation is merged into or consolidated with another corporation, or all or substantially all of the assets of the Corporation are transferred to another corporation, then in connection with such transfers the term “Corporation” for all purposes of this Agreement shall be taken to include such successor corporation, and the Voting Trustee shall receive and hold under this Agreement any voting stock of such successor corporation received on account of the ownership, as Voting Trustee hereunder, of Shares held hereunder prior to such merger, consolidation or transfer. Voting Trust Certificates issued and outstanding under this Agreement at the time of such merger, consolidation or transfer may remain outstanding, or the Voting Trustee may, in their discretion, substitute for such Voting Trust Certificates new voting trust certificates in appropriate form, and the term “Shares” as used herein shall be taken to include any shares which may be received by the Voting Trustee in lieu of all or any part of the shares of the Corporation.
Appears in 5 contracts
Samples: Voting Trust Agreement (CHINA INFRASTRUCTURE CONSTRUCTION Corp), Voting Trust Agreement (Entech Environmental Technologies Inc), Voting Trust Agreement (CHINA INFRASTRUCTURE CONSTRUCTION Corp)
Reorganization of Corporation. In case the Corporation is merged into or consolidated with another corporation, or all or substantially all of the assets of the Corporation are transferred to another corporation, then in connection with such transfers the term “Corporation” for all purposes of this Agreement shall be taken to include such successor corporation, and the Voting Trustee Trustees shall receive and hold under this Agreement any voting stock of such successor corporation received on account of the ownership, as Voting Trustee Trustees hereunder, of Shares held hereunder prior to such merger, consolidation or transfer. Voting Trust Certificates issued and outstanding under this Agreement at the time of such merger, consolidation or transfer may remain outstanding, or the Voting Trustee Trustees may, in their discretion, substitute for such Voting Trust Certificates new voting trust certificates in appropriate form, and the term “Shares” as used herein shall be taken to include any shares which may be received by the Voting Trustee Trustees in lieu of all or any part of the shares of the Corporation.
Appears in 3 contracts
Samples: Voting Trust and Escrow Agreement (China Power Equipment, Inc.), Voting Trust and Escrow Agreement (Entech Environmental Technologies Inc), Voting Trust and Escrow Agreement (Entech Environmental Technologies Inc)
Reorganization of Corporation. In case the Corporation is merged into or consolidated with another corporation, or all or substantially all of the assets of the Corporation are transferred to another corporation, then in connection with such transfers the term “"Corporation” " for all purposes of this Agreement shall be taken to include such successor corporation, and the Voting Trustee Trustees shall receive and hold under this Agreement any voting stock of such successor corporation received on account of the ownership, as Voting Trustee Trustees hereunder, of Shares held hereunder prior to such merger, consolidation or transfer. Voting Trust Certificates issued and outstanding under this Agreement at the time of such merger, consolidation or transfer may remain outstanding, or the Voting Trustee Trustees may, in their discretion, substitute for such Voting Trust Certificates new voting trust certificates in appropriate form, and the term “"Shares” " as used herein shall be taken to include any shares which may be received by the Voting Trustee Trustees in lieu of all or any part of the shares of the Corporation.
Appears in 2 contracts
Samples: Voting Trust and Escrow Agreement (China Power Equipment, Inc.), Voting Trust Agreement (Elmers Restaurants Inc)
Reorganization of Corporation. In case the Corporation corporation is merged into or consolidated with another corporation, or all or substantially all of the assets of the Corporation are transferred to another corporation, then in connection with such transfers the term “"Corporation” " for all purposes of this Agreement shall be taken to include such successor corporation, and the Voting Trustee Trustees shall receive and hold under this Agreement any voting stock of such successor corporation received on account of the ownership, as Voting Trustee Trustees hereunder, of Shares held hereunder prior to such merger, consolidation or transfer. Voting Trust Certificates issued and outstanding under this Agreement at the time of such merger, consolidation or transfer may remain outstanding, or the Voting Trustee Trustees may, in their discretion, substitute for such Voting Trust Certificates new voting trust certificates in appropriate form, and the term “"Shares” " as used herein shall be taken to include any shares which may be received by the Voting Trustee Trustees in lieu of all or any part of the shares of the Corporation.
Appears in 1 contract
Samples: Voting Trust and Escrow Agreement (China Agri-Business, Inc.)