Common use of Surrender of COMPANY Stock Clause in Contracts

Surrender of COMPANY Stock. The STOCKHOLDERS shall deliver to MARINEMAX at the Closing the certificates representing COMPANY Stock, duly endorsed in-blank by the STOCKHOLDERS, or accompanied by in-blank stock powers, and with all necessary transfer tax and other revenue stamps, pursuant to applicable law, acquired at the STOCKHOLDERS' expense, affixed and canceled, such COMPANY Stock to be free and clear of all liens, claims, rights, charges and encumbrances of every nature whatsoever. The STOCKHOLDERS agree promptly to cure any deficiencies with respect to the endorsement of the stock certificates or other documents of conveyance with respect to such COMPANY Stock or with respect to the stock powers accompanying COMPANY Stock.

Appears in 5 contracts

Samples: Agreement and Plan of Organization (Marinemax Inc), Agreement and Plan of Organization (Marinemax Inc), Agreement and Plan of Organization (Marinemax Inc)

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Surrender of COMPANY Stock. The STOCKHOLDERS shall deliver to MARINEMAX at the Closing the certificates representing COMPANY Stock, duly endorsed in-blank by the STOCKHOLDERS, or accompanied by in-blank stock powers, and with all necessary transfer tax and other revenue stamps, pursuant to applicable law, acquired at the STOCKHOLDERS' expense, affixed and canceled, such COMPANY Stock to be free and clear of all liens, claims, rights, charges and encumbrances of every nature whatsoever. The STOCKHOLDERS agree promptly to cure any deficiencies with respect to the endorsement of the stock certificates or other documents of conveyance with respect to such COMPANY Stock or with respect to the stock powers accompanying the COMPANY Stock.

Appears in 1 contract

Samples: Merger Agreement (Marinemax Inc)

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Surrender of COMPANY Stock. The STOCKHOLDERS STOCKHOLDER shall deliver to MARINEMAX at the Closing the certificates representing COMPANY Stock, duly endorsed in-blank by the STOCKHOLDERSSTOCKHOLDER, or accompanied by in-blank stock powers, and with all necessary transfer tax and other revenue stamps, pursuant to applicable law, acquired at the STOCKHOLDERS' STOCKHOLDER's expense, affixed and canceled, such COMPANY Stock to be free and clear of all liens, claims, rights, charges and encumbrances of every nature whatsoever. The STOCKHOLDERS agree STOCKHOLDER agrees promptly to cure any deficiencies with respect to the endorsement of the stock certificates or other documents of conveyance with respect to such COMPANY Stock or with respect to the stock powers accompanying COMPANY Stock.

Appears in 1 contract

Samples: Merger Agreement (Marinemax Inc)

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