Common use of Treatment of Company Capital Stock Owned by the Company and Acquiror Clause in Contracts

Treatment of Company Capital Stock Owned by the Company and Acquiror. At the Effective Time, all shares of Company Capital Stock that are owned by the Company as treasury stock immediately prior to the Effective Time and each share of Company Capital Stock owned by Acquiror or any direct or indirect wholly-owned subsidiary of Acquiror immediately prior to the Effective Time, shall be cancelled and extinguished without any conversion thereof.

Treatment of Company Capital Stock Owned by the Company and Acquiror. At the Effective Time, all shares of Company Capital Stock that are owned by the Company (whether as treasury stock or otherwise), the Acquiror, Sub or any of their respective direct or indirect wholly-owned subsidiaries immediately prior to the Effective Time and each share of Company Capital Stock owned by Acquiror or any direct or indirect wholly-owned subsidiary of Acquiror immediately prior to the Effective Time, shall be cancelled canceled and extinguished without any conversion thereofthereof and no consideration will be delivered in exchange therefor.

Treatment of Company Capital Stock Owned by the Company and Acquiror. At the Effective Time, all shares of Company Capital Stock that are owned by the Company as treasury stock immediately prior to the Effective Time shall be cancelled and extinguished without any conversion thereof, and each share of Company Capital Stock owned by Acquiror or any direct or indirect wholly-owned subsidiary of Acquiror Sub immediately prior to the Effective Time, shall be cancelled canceled and extinguished without any conversion thereof.

Treatment of Company Capital Stock Owned by the Company and Acquiror. At the Effective Time, all shares of Company Capital Stock that are owned by the Company as treasury stock immediately prior to the Effective Time shall be cancelled and extinguished without any conversion thereof, and each share of Company Capital Stock owned by Acquiror or any direct or indirect wholly-owned subsidiary of Acquiror Sub immediately prior to the Effective Time, shall be cancelled canceled and extinguished without any conversion thereof. * Confidential treatment requested.