Share Election. (a) Each Person who, on or prior to the Election Date (as defined in Section 2.3(c)) is a record holder of shares of Common Stock shall have the right, subject to Section 2.4, to submit a Form of Election (as defined in Section 2.3(c)) specifying (i) the number of shares of Common Stock that such Person desires to be converted into cash pursuant to the Cash Election and/or (ii) the number of shares of Common Stock that such Person desires to be converted into Parent Shares pursuant to the Stock Election.
Appears in 3 contracts
Samples: Agreement and Plan of Merger (FRS Capital Co LLC), Agreement and Plan of Merger (Richton International Corp), Agreement and Plan of Merger (Deere & Co)
Share Election. (a) Each Person who, on or prior to the Election Date (as defined in Section 2.3(c)) is a record holder of shares of Common Stock Company Shares shall have the right, subject to Section 2.43.1, to submit a Form of Election (as defined in Section 2.3(c)) specifying (i) the number of shares of Common Stock Company Shares that such Person desires to be converted into cash the Cash Consideration pursuant to the Cash Election and/or Election, or (ii) the number of shares of Common Stock Company Shares that such Person desires to be converted into Parent Shares the Stock Consideration pursuant to the Stock Election.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Lilly Eli & Co), Agreement and Plan of Merger (Applied Molecular Evolution Inc)
