Common use of Shareholder’s Rights upon Merger Clause in Contracts

Shareholder’s Rights upon Merger. Upon consummation of the Merger, the Shareholders shall cease to have any rights with respect to the Company Shares and to the certificates, if any, which theretofore represented the Company Shares (the “Certificates”), and subject to applicable law and this Agreement, shall only have the right to receive their pro rata share of the Total Merger Consideration, including their pro rata share of the number of Thermal Tennis Shares into which the Company Shares have been converted pursuant to this Agreement and the Merger.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Thermal Tennis Inc.), Agreement and Plan of Merger (Thermal Tennis Inc.)

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Shareholder’s Rights upon Merger. Upon consummation of the Merger, the Company Shareholders shall cease to have any rights with respect to the Company Shares and to the certificates, if any, certificates which theretofore represented the shares of Company Shares (the “Certificates”), and and, subject to applicable law and this Agreement, shall only have the right to receive their pro rata share of the Total Merger Consideration, including their pro rata share of the number of Thermal Tennis GLER Shares into which the Company Shares have has been converted pursuant to this Agreement and the Merger.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Global Earth Energy, Inc.)

Shareholder’s Rights upon Merger. Upon consummation of the Merger, the Shareholders shall cease to have any rights with respect to the Company Shares and to the certificates, if any, certificates which theretofore represented the shares of Company Shares (the “Certificates”), and and, subject to applicable law and this Agreement, shall only have the right to receive their pro rata share of the Total Merger Consideration, including their pro rata share based on the Shareholders’ relative ownership of the number of Thermal Tennis Shares into which the Company Shares have been converted pursuant to this Agreement and the MergerShares.

Appears in 1 contract

Samples: Agreement and Plan of Merger (GT Biopharma, Inc.)

Shareholder’s Rights upon Merger. Upon consummation of the Merger, the Company Shareholders shall cease to have any rights with respect to the Company Shares and to the certificates, if any, certificates which theretofore represented the shares of Company Shares (the “Certificates”), and and, subject to applicable law and this Agreement, shall only have the right to receive their pro rata share of the Total Merger Consideration, including their pro rata share of the number of Thermal Tennis ORRV Shares into which the Company Shares have has been converted pursuant to this Agreement and the Merger.

Appears in 1 contract

Samples: Agreement and Plan of Merger

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Shareholder’s Rights upon Merger. Upon consummation of the Merger, the Shareholders shall cease to have any rights with respect to the Company Shares and to the certificates, if any, certificates which theretofore represented the shares of Company Shares (the “Certificates”), and and, subject to applicable law and this Agreement, shall only have the right to receive their pro rata share of the Total Merger Consideration, including their pro rata share of the number of Thermal Tennis ORRV Shares into which the Company Shares have has been converted pursuant to this Agreement and the Merger.

Appears in 1 contract

Samples: Amended Agreement and Plan of Merger

Shareholder’s Rights upon Merger. Upon consummation of the Merger, the Shareholders shall cease to have any rights with respect to the Company Shares and to the certificates, if any, certificates which theretofore represented the shares of Company Shares (the "Certificates"), and and, subject to applicable law and this Agreement, shall only have the right to receive their pro rata share of the Total Merger Consideration, including their pro rata share of the number of Thermal Tennis OCIS Shares into which the Company Shares have has been converted pursuant to this Agreement and the Merger.. 1.7

Appears in 1 contract

Samples: Agreement and Plan of Merger (Ocis Corp)

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