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

Treatment of Company Common Stock Owned by the Company. At the Effective Time, all shares of Company Common Stock that are owned by the Company as treasury stock immediately prior to the Effective Time shall be canceled and extinguished without any conversion thereof.

Appears in 5 contracts

Samples: Agreement and Plan of Merger (Proofpoint Inc), Agreement and Plan of Merger (Zuora Inc), Agreement and Plan of Reorganization (Oncothyreon Inc.)

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Treatment of Company Common Stock Owned by the Company. At the Effective Time, all shares of Company Common Stock that are owned by the Company as treasury stock or reserved for issuance by the Company immediately prior to the Effective Time shall be canceled cancelled and extinguished without any conversion thereofthereof and no amount of Merger Consideration shall be allocated or paid thereto.

Appears in 3 contracts

Samples: Agreement and Plan of Merger, Agreement and Plan of Merger (Affymetrix Inc), Agreement and Plan of Merger (Affymetrix Inc)

Treatment of Company Common Stock Owned by the Company. At the Effective Time, all shares of Company Common Stock that are owned by the Company as treasury stock shares immediately prior to the Effective Time shall be canceled and extinguished without any conversion thereof.

Appears in 2 contracts

Samples: Merger Agreement (Vincera Pharma, Inc.), Merger Agreement (LifeSci Acquisition Corp.)

Treatment of Company Common Stock Owned by the Company. At the Effective Time, all shares of Company Common Stock that are owned by the Company as treasury stock immediately prior to the Effective Time shall be canceled cancelled and extinguished without any conversion thereofthereof or payment of any cash or other property or consideration therefor and shall cease to exist.

Appears in 2 contracts

Samples: Certain Confidential (Vaccitech PLC), Agreement and Plan of Merger (Symantec Corp)

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Treatment of Company Common Stock Owned by the Company. At the Effective Time, all shares of Company Common Stock that are owned by the Company as treasury stock immediately prior to the Effective Time shall be canceled and extinguished without any conversion thereofthereof or consideration therefor.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Proofpoint Inc)

Treatment of Company Common Stock Owned by the Company. At the Effective Time, all shares of Company Common Stock that are owned by the Company as treasury stock or reserved for issuance by the Company immediately prior to the Effective Time shall be canceled cancelled and extinguished without any conversion thereofthereof and no amount of the Company Merger Consideration shall be allocated or paid thereto.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Bone Biologics, Corp.)

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