Common use of Treasury Stock and Parent Owned Stock Clause in Contracts

Treasury Stock and Parent Owned Stock. Each Share that is owned by the Company or by any Subsidiary of the Company and each Share that is owned by Parent, Sub or any other Subsidiary of Parent shall automatically be cancelled and retired and shall cease to exist, and no consideration shall be delivered in exchange therefor.

Treasury Stock and Parent Owned Stock. Each Share that is owned by the Company or by any Subsidiary of the Company and each Share that is owned by Company, Parent, Sub (except for Shares that are owned by Sub, in the event of a Reverse Merger) or any other Subsidiary of Parent shall automatically be cancelled and retired and shall cease to exist, and no consideration shall be delivered in exchange therefor.

Treasury Stock and Parent Owned Stock. Each Share that is All Shares owned by the Company or by and any Subsidiary of the Company and each Share that is Shares owned by Parent, Sub Purchaser or any other Subsidiary of Parent their respective Subsidiaries shall automatically be cancelled and retired and shall cease to exist, and no consideration shall be delivered in exchange therefor.

Treasury Stock and Parent Owned Stock. Each Share that is issued and held in the Company's treasury or owned by the Company or by Company, any Subsidiary of the Company and each Share that is owned by Company, Parent, Sub or any other Subsidiary of Parent shall automatically be cancelled canceled and retired and shall cease to exist, and no consideration shall be delivered in exchange therefor.

Treasury Stock and Parent Owned Stock. Each Share that is owned by the Company or by any Subsidiary of the Company and each Share that is owned by Parent, Sub Parent or any other Subsidiary of Parent shall automatically be cancelled and retired and shall cease to exist, and no consideration shall be delivered in exchange therefor.

Treasury Stock and Parent Owned Stock. Each Share that is owned held by the Company or by any wholly owned Subsidiary of the Company and each Share that is owned held by Parent, Sub or any other wholly owned Subsidiary of Parent (other than such Shares held by Parent, Sub or the Company in a fiduciary, collateral, custodial or similar capacity, which will be converted pursuant to Section 3.2(c)) shall automatically be cancelled and retired and shall cease to exist, and no consideration shall be delivered in exchange therefor.

Treasury Stock and Parent Owned Stock. Each Company Share that is owned by the Company or by any Subsidiary of the Company and each Share that is owned by Parent, Sub or any other Subsidiary of Parent held in its treasury shall automatically be cancelled and retired and shall cease to exist, and no consideration shall be delivered in exchange therefor.

Treasury Stock and Parent Owned Stock. Each Share that is owned by the Company or by any Subsidiary of the Company and held in its treasury and each Share that is owned by Parent, Sub or any other wholly-owned Subsidiary of Parent (including any Shares acquired by Parent immediately prior to the Effective Time pursuant to any agreements with holders of Shares) (“Cancelled Shares”) shall automatically be cancelled and retired and shall cease to exist, and no consideration shall be delivered in exchange therefor.

Treasury Stock and Parent Owned Stock. Each Share that is owned ------------------------------------- by the Company or by any Subsidiary of the Company and each Share that is owned by Company, Parent, Sub (except for Shares that are owned by Sub, in the event of a Reverse Merger) or any other Subsidiary of Parent shall automatically be cancelled and retired and shall cease to exist, and no consideration shall be delivered in exchange therefor.

Treasury Stock and Parent Owned Stock. Each Share that is owned by the Company or by any Subsidiary of the Company and each Share that is owned by Company, Parent, Sub or any other Subsidiary of Parent shall automatically be cancelled and retired and shall cease to exist, and no consideration shall be delivered in exchange therefor.; and

Treasury Stock and Parent Owned Stock. Each Company Share that is owned by the Company Parent or by any Subsidiary of Parent immediately prior to the Company and each Share that is owned by Parent, Sub or any other Subsidiary of Parent Effective Time shall be automatically be cancelled and retired and shall cease to exist, and no consideration payment shall be delivered in exchange thereformade with respect thereto. Each Company Share, if any, held by the Company or any Subsidiary of the Company shall not be affected by the Merger and shall remain outstanding.

Treasury Stock and Parent Owned Stock. Each Share that is owned by the Company or by any wholly owned Subsidiary of the Company and each Share that is owned by Parent, Sub or any other wholly owned Subsidiary of Parent shall automatically be cancelled and retired and shall cease to exist, and no consideration shall be delivered in exchange therefor.

Treasury Stock and Parent Owned Stock. Each Share that is owned by the Company or by any Subsidiary of the Company and held in its treasury and each Share that is owned by Parent, Sub or any other wholly-owned Subsidiary of Parent shall automatically be cancelled and retired and shall cease to exist, and no consideration shall be delivered in exchange therefor.

Treasury Stock and Parent Owned Stock. Each Share that is owned by the Company and held in its treasury or by any wholly owned Subsidiary of the Company and each Share that is owned by Parent, Sub or any other wholly owned Subsidiary of Parent shall automatically be cancelled and retired and shall cease to exist, and no consideration shall be delivered in exchange therefor.

Treasury Stock and Parent Owned Stock. Each Share share of Company Common Stock that is owned by the Company or by any Subsidiary of the Company and each Share share of Company Common Stock that is owned by Parent, Merger Sub C or any other Subsidiary of Parent shall automatically be cancelled and retired and shall cease to exist, and no consideration shall be delivered in exchange therefor.