Common use of Treatment of Excluded Shares Clause in Contracts

Treatment of Excluded Shares. Each Dissenting Share, by virtue of the Merger and without any action on the part of the holder thereof, shall cease to be outstanding, shall be cancelled without payment of any consideration therefor and shall cease to exist, subject to any rights the holder thereof may have under Section 4.2(f). Each Share that is an Excluded Share pursuant to clause (i) of Section 4.1(a) shall remain outstanding and shall be unaffected by the Merger.

Treatment of Excluded Shares. Each Dissenting ShareExcept as provided in the second sentence of this Section 4.1(b), each Excluded Share shall, by virtue of the Merger and without any action on the part of the holder thereofof such Excluded Share, shall cease to be outstanding, shall be cancelled without payment of any consideration therefor and shall cease to exist, subject to any rights the holder thereof may have under Section 4.2(f). Each Share that is an Excluded Share pursuant to clause (i) held by Merger Sub or any direct or indirect subsidiary of Section 4.1(a) Parent or the Company shall remain outstanding and shall be unaffected by the Merger.

Treatment of Excluded Shares. Each Dissenting (i) Except as set forth in clause (ii) below, each Excluded Share, by virtue of the Merger and without any action on the part of the holder thereof, shall cease to be outstanding, shall be cancelled without payment of any consideration therefor and shall cease to exist, exist subject to the right of the Record Holder of any rights Dissenting Shares to receive the holder thereof may have under payment for such Dissenting Shares pursuant to Section 4.2(f4.2(g). Each Share that is an Excluded Share pursuant to clause (i) of Section 4.1(a) shall remain outstanding and shall be unaffected by As used in this Article IV, the Merger.term “