Termination of funds. Subject to applicable law, any portion of the Stock Merger Exchange Fund and the Fractional Securities Fund which remains unclaimed by the former stockholders of the Company for one (1) year after the Effective Time shall be delivered to Parent, upon demand of Parent, and any former stockholder of the Company shall thereafter look only to Parent for payment of their applicable claim for the Share Consideration for their Company Shares.
Appears in 4 contracts
Samples: Merger Agreement (Axs One Inc), Merger Agreement (Unify Corp), Merger Agreement (Divine Inc)
Termination of funds. Subject to applicable law, any portion of the Stock Merger Exchange Fund Fund, and the Fractional Securities Fund which that remains unclaimed by the former stockholders of the Company for one (1) year after the Effective Time shall be delivered to Parent, upon demand of Parent, and any former stockholder of the Company shall thereafter look only to Parent for payment of their such stockholder's applicable claim for the Share Consideration for their such stockholder's shares of Company SharesStock.
Appears in 3 contracts
Samples: Merger Agreement (Open Market Inc), Merger Agreement (Open Market Inc), Merger Agreement (Divine Inc)
Termination of funds. Subject to applicable law, any portion of the Stock Merger Exchange Fund and the Fractional Securities Fund which that remains unclaimed by the former stockholders of the Company for one (1) year after the Effective Time shall be delivered to Parent, upon demand of Parent, and any former stockholder of the Company shall thereafter look only to Parent for payment of their such stockholder's applicable claim for the Share Consideration for their such stockholder's shares of Company SharesCommon Stock.
Appears in 2 contracts
Samples: Merger Agreement (Divine Inc), Merger Agreement (Eprise Corp)
Termination of funds. Subject to applicable law, any portion of the Stock Merger Exchange Fund Fund, the Cash Adjustment Payment, if any, and the Fractional Securities Fund which that remains unclaimed by the former stockholders shareholders of the Company for one (1) year after the Effective Time shall be delivered to Parent, upon demand of Parent, and any former stockholder shareholder of the Company shall thereafter look only to Parent for payment of their applicable claim for the Share Consideration for their Company Shares.
Appears in 2 contracts
Samples: Merger Agreement (Eshare Communications Inc), Merger Agreement (Divine Inc)
