Treasury Stock and Acquiror Owned Stock. Each share of Company Common Stock or Right to acquire Company Common Stock that is owned or controlled by the Company or Acquiror shall automatically be canceled, retired and shall cease to exist without payment of any consideration thereof and without any conversion thereof.
Appears in 3 contracts
Samples: Merger Agreement (Superior Silver Mines Inc), Merger Agreement (VeriChip CORP), Merger Agreement (Steel Vault Corp)
Treasury Stock and Acquiror Owned Stock. Each share of Company Common Stock or Right right to acquire Company Common Stock that is owned or controlled by the Company Company, Acquiror or any subsidiary of Acquiror shall automatically be canceled, retired and shall cease to exist without payment of any consideration thereof and without any conversion thereof.
Appears in 3 contracts
Samples: Merger Agreement (Applied Digital Solutions Inc), Merger Agreement (Digital Angel Corp), Merger Agreement (Applied Digital Solutions Inc)
