Rights of Holders of Certificates. With Respect to PCs, Giant Securities, Stripped Giant Certificates and CPCs
Rights of Holders of Certificates. (a) At the Effective Time of the Merger, the holders of Certificates for shares of capital stock of PCI (other than certificates representing shares held in PCI's treasury, which shall be automatically cancelled pursuant to the Merger) shall cease to have any rights as stockholders of PCI, and their sole rights shall pertain to the shares of Nextel Common Stock into which their shares of PCI capital stock shall have been converted by the Merger. After the Effective Time of the Merger, each holder of outstanding Certificates for shares of capital stock of PCI shall be entitled upon surrender of the same duly transmitted to the Exchange Agent to receive in exchange therefor certificates representing the number of whole shares of Nextel Common Stock into which such holder's shares of capital stock of PCI shall have been converted by the Merger, plus (if applicable) cash in lieu of fractional shares.
Rights of Holders of Certificates. Following the Effective Time, certificates representing shares of Ethyl Common Stock outstanding at the Effective Time shall represent the same number of shares of NewMarket Common Stock and shall evidence the right of the holder thereof to receive certificates for the shares of NewMarket Common Stock into which shares of Ethyl Common Stock were converted in accordance with Section 2.1. Following the Effective Time, each holder of an outstanding certificate or certificates theretofore representing shares of Ethyl Common Stock may, but shall not be required to, surrender the same to NewMarket’s transfer agent for cancellation and reissuance of a new certificate or certificates in such holder’s name or for cancellation and transfer, and each such holder or transferee shall be entitled to receive a certificate or certificates representing the same number of shares of NewMarket Common Stock as the shares of Ethyl Common Stock previously represented by the certificate or certificates surrendered. Until so surrendered or presented for exchange or transfer, each outstanding certificate which, immediately prior to the Effective Time, represents Ethyl Common Stock shall be deemed and shall be treated for all purposes to represent the ownership of the same number of shares of NewMarket Common Stock as though such surrender or exchange or transfer had taken place.
Rights of Holders of Certificates. Following the Effective Time, certificates representing shares of NW Natural Common Stock outstanding at the Effective Time (herein sometimes referred to as "NW Natural Certificates") shall represent the same number of shares of Holdco Common
Rights of Holders of Certificates after the Effective Time. The holder of a Certificate that prior to the Merger represented issued and outstanding MutualFirst Financial Common Stock shall have no rights, after the Effective Time, with respect to such MutualFirst Financial Common Stock except to surrender the Certificate in exchange for the Merger Consideration as provided in this Agreement. No dividends or other distributions declared after the Effective Time with respect to Northwest Bancshares Common Stock will be paid to the holder of any unsurrendered Certificate until the holder thereof surrenders such Certificate in accordance with this Section 3.3. After the surrender of a Certificate in accordance with this Section 3.3, the record holder thereof will be entitled to receive any such dividends or other distributions, without any interest thereon, which previously had become payable with respect to shares of Northwest Bancshares Common Stock represented by such Certificate. 3.3.4.
Rights of Holders of Certificates. Following the Effective Time, certificates representing shares of Roanoke Gas Common Stock outstanding at the Effective Time (hereinafter sometimes referred to as "Roanoke Gas Certificates") shall evidence the shares of Resources Common Stock into which such shares of Roanoke Gas Common Stock were converted in accordance with Section 2.1, without any further action by the holder of the Roanoke Gas Certificates. Following the Effective Time, the Transfer Agent for Resources (the "Transfer Agent") shall issue Resources shares to any holder of Roanoke Gas Certificates desiring to surrender his/her Roanoke Gas Certificates for certificates issued in the name of
Rights of Holders of Certificates. (a) At the Effective Time of the Merger, the holders of Certificates for shares of capital stock of PCI (other than certificates representing shares held in PCI's treasury, which shall be automatically cancelled pursuant to the Merger) shall cease to have any rights as stockholders of PCI, and their sole rights shall pertain to the shares of Nextel Common Stock into which their shares of PCI capital stock shall have been converted by the Merger. After the Effective Time of the Merger, each holder of outstanding Certificates for shares of capital stock of PCI shall be entitled upon surrender of the same duly transmitted to the Exchange Agent to receive in exchange therefor certificates representing the number of whole shares of Nextel Common Stock into which such holder's shares of capital stock of PCI shall have been converted by the Merger, plus (if applicable) cash in lieu of fractional shares. dividends, to evidence the number of whole shares of Nextel Common Stock into which such shares have been converted by the Merger and, subject to the last sentence of Section 1.19, the right to receive cash for any fractional interests resulting therefrom. Subject to Section 1.18(d), unless and until any outstanding Certificates for shares of PCI capital stock are surrendered, no dividend (stock or cash) payable to holders of record of Nextel Common Stock as of any date subsequent to the Effective Time of the Merger shall be paid to the holder of any such Certificate, but upon such surrender of such Certificates there shall be paid to the record holder of the certificate for Nextel Common Stock issued in exchange therefor the amount of dividends, if any, but without interest, that have theretofore become payable subsequent to the Effective Time of the Merger with respect to the number of whole shares of Nextel Common Stock represented by the certificate issued upon such surrender and exchange.
