Common use of Unsurrendered Certificates Clause in Contracts

Unsurrendered Certificates. In the event that any certificates formerly representing JIS Shares (or lost share affidavits reasonably acceptable in form and substance to Judge) are not surrendered for exchange by the first anniversary of the Effective Time (the "Unsurrendered Certificates"), those certificates representing Judge Common Shares corresponding to such Unsurrendered Certificates then held by the Exchange Agent shall be delivered to Judge, upon demand, and any stockholders of JIS who have not previously complied with this Section 2.5 shall thereafter look only to Judge for payment of their claim for Judge Common Shares and any cash in lieu of fractional Judge Common Shares.

Appears in 4 contracts

Samples: Agreement and Plan of Merger (Judge Imaging Systems Inc /), Agreement and Plan of Merger (Judge Group Inc), Agreement and Plan of Merger (Judge Imaging Systems Inc /)

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