Examples of First Company Merger in a sentence
The exercise price per share of New Charter Common Stock subject to any such Company Adjusted Option shall be an amount equal to the quotient of (A) the exercise price per share of Company Stock subject to such Company Stock Option immediately prior to the First Company Merger Effective Time divided by (B) the Stock Award Exchange Ratio, with any fractional cents rounded up to the next higher number of whole cents.
Following the First Company Merger Effective Time, no vote or approval of the for- mer holders of capital stock of the Company is required in connection with the other Mergers.
No fractional shares of Company Surviving Corporation Stock shall be issued in the First Company Merger and no fractional shares of New Charter Common Stock shall be issued in the Parent Merger.
The Company has taken all action neces- sary to exempt the First Company Merger, the Second Company Merger, this Agreement, and the transactions contemplated hereby from Section 203 of Delaware Law, and, accordingly, nei- ther such Section nor any other antitakeover or similar statute or regulation applies or purports to apply to any such transactions.
The affirmative vote of the holders of a majority of the outstanding shares of Company Stock (the “Company Stockholder Approval”) is the only vote of the holders of any of the Company’s capital stock necessary in connection with the consum- mation of the transactions contemplated hereby, including the First Company Merger and the Second Company Merger.