Buyer Shares. As a result of the Merger, the Stock Split shall be effected with respect to each Buyer Share issued and outstanding at and as of the Effective Time. Each Buyer Share will remain issued and outstanding. Sxxxxxx Xxxx shall contribute all of her shares to the Surviving Corporation upon effectiveness of the Merger and they shall be immediately cancelled. Any share certificates outstanding prior to the Merger that purport to give effect to the Stock Split shall be deemed to represent only that number of Buyer Shares prior to the Merger.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Myecheck, Inc.), Agreement and Plan of Merger (Myecheck, Inc.)
Buyer Shares. As a result of the Merger, the Stock Split shall be effected with respect to each Buyer Share issued and outstanding at and as of the Effective Time. Each Buyer Share will remain issued and outstanding. Sxxxxxx Xxxxxxx Xxxx shall contribute all of her shares to the Surviving Corporation upon effectiveness of the Merger and they shall be immediately cancelled. Any share certificates outstanding prior to the Merger that purport to give effect to the Stock Split shall be deemed to represent only that number of Buyer Shares prior to the Merger.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Myecheck, Inc.), Agreement and Plan of Merger (Sekoya Holdings Ltd.)
