Unclaimed Stock. The Company agrees to provide to Torchmark any claim or notice of claim for payment for shares of non-voting stock of the Company converted into cash as a result of the merger of the Company and a wholly owned subsidiary of Torchmark on October 1, 1993 and Torchmark agrees to pay any amounts legally owing to such claimants prior to the date their claim escheats to any state.
Appears in 2 contracts
Samples: Public Offering and Separation Agreement (Waddell & Reed Financial Inc), Public Offering and Separation Agreement (Waddell & Reed Financial Inc)
Unclaimed Stock. The Company agrees to provide to --------------- Torchmark any claim or notice of claim for payment for shares of non-voting stock of the Company converted into cash as a result of the merger of the Company and a wholly owned subsidiary of Torchmark on October 1, 1993 and Torchmark agrees to pay any amounts legally owing to such claimants prior to the date their claim escheats to any state.
Appears in 1 contract
Samples: Offering and Separation Agreement (Waddell & Reed Financial Inc)
Unclaimed Stock. The Company agrees to provide to Torchmark --------------- any claim or notice of claim for payment for shares of non-voting stock of the Company converted into cash as a result of the merger of the Company and a wholly owned subsidiary of Torchmark on October 1, 1993 and Torchmark agrees to pay any amounts legally owing to such claimants prior to the date their claim escheats to any state.
Appears in 1 contract
Samples: Offering and Separation Agreement (Waddell & Reed Financial Inc)
