Share Dividends, etc. Any shares of DGSE Common Stock or other equity securities issued or distributed by DGSE (including shares issued in connection with a stock split or other reclassification) ("New Shares") in respect of Escrow Shares that have not been released from the Escrow Account shall be deposited in the Escrow Account and become a part thereof, and shall be considered Escrow Shares for all purposes of this Agreement. New Shares issued in respect of shares of DGSE Common Stock that have been paid or released from the Escrow Account shall not be deposited in the Escrow Account, but shall be distributed to the respective record holders of such paid or released shares.
Appears in 2 contracts
Samples: Escrow Agreement (Dgse Companies Inc), Escrow Agreement (Superior Galleries Inc)
Share Dividends, etc. Any shares of DGSE Common Stock or other equity securities issued or distributed by DGSE (including shares issued in connection with a stock split or other reclassification) ("New Shares") in respect of Escrow Shares that have not been released from the Escrow Account shall be deposited in added to the Escrow Account and become a part thereof, and shall be considered Escrow Shares for all purposes of this Agreement. New Shares issued in respect of shares of DGSE Common Stock that have been paid or released from the Escrow Account shall not be deposited in added to the Escrow Account, but shall be distributed to the respective record holders of such paid or released shares.
Appears in 2 contracts
Samples: Escrow Agreement (Dgse Companies Inc), Agreement and Plan of Merger and Reorganization (Superior Galleries Inc)
