Cancellation of Company-Owned Stock. Notwithstanding Section 2.4(b), each share of Company Capital Stock held by the Company immediately prior to the Effective Time of the First Merger shall be cancelled and extinguished without any conversion thereof.
Appears in 3 contracts
Samples: Agreement and Plan of Reorganization (Magma Design Automation Inc), Agreement and Plan of Reorganization (Opsware Inc), Agreement and Plan of Reorganization (Opsware Inc)
Cancellation of Company-Owned Stock. Notwithstanding Section 2.4(b2.1(b), each share of Company Capital Stock held by the Company or any of its Subsidiaries immediately prior to the Effective Time of the First Merger shall be cancelled and extinguished without any conversion thereof.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Covad Communications Group Inc), Agreement and Plan of Merger (Covad Communications Group Inc)
Cancellation of Company-Owned Stock. Notwithstanding the provisions of Section 2.4(b)2.1(c) below, each share of Company Capital Stock held by the Company immediately prior to the Effective Time of the First Merger shall be cancelled and extinguished without any conversion thereof.
Appears in 2 contracts
Samples: Acquisition Agreement (Amn Healthcare Services Inc), Agreement and Plan of Merger (Macrovision Corp)
Cancellation of Company-Owned Stock. Notwithstanding Section 2.4(b2.1(b), each share of Company Capital Stock held by the Company or any Company Subsidiaries immediately prior to the Effective Time of the First Merger shall be cancelled and extinguished without any conversion thereof.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Force10 Networks Inc), Agreement and Plan of Merger (Carrier Access Corp)
Cancellation of Company-Owned Stock. Notwithstanding Section 2.4(b2.6(a), each share of Company Capital Common Stock held of record by the Company immediately prior to the Effective Time of the First Merger shall be cancelled and extinguished without any conversion thereof.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (At&t Inc.), Agreement and Plan of Merger (Superclick Inc)
Cancellation of Company-Owned Stock. Notwithstanding Section 2.4(b)2.2.2, each share of Company Capital Stock held by the Company or any Subsidiary of the Company immediately prior to the Effective Time of the First Merger shall be cancelled and extinguished without any conversion thereof.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Netscreen Technologies Inc), Agreement and Plan of Merger (Netscreen Technologies Inc)
Cancellation of Company-Owned Stock. Notwithstanding Section 2.4(bSections 2.2(a)-(e), each share of Company Capital Stock held by the Company immediately prior to the Effective Time of the First Merger shall will be cancelled canceled and extinguished without any conversion thereofthereof and without the issuance or payment of any consideration.
Appears in 2 contracts
Samples: Agreement and Plan of Merger, Agreement and Plan of Merger (Arrowhead Research Corp)
Cancellation of Company-Owned Stock. Notwithstanding Section 2.4(b2.2(b), each outstanding share of Company Capital Stock held by the Company or any of its Subsidiaries immediately prior to the Effective Time of the First Merger shall will be cancelled canceled and extinguished without any conversion thereofthereof and without the issuance or payment of any consideration.
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Cancellation of Company-Owned Stock. Notwithstanding Section 2.4(b2.2(b), each share of Company Capital Stock held by the Company immediately prior to the Effective Time of the First Merger shall be cancelled and extinguished without any conversion thereof.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Heartland Payment Systems Inc)
Cancellation of Company-Owned Stock. Notwithstanding Section 2.4(b2.1(c), each share of Company Capital Stock held owned by the Company immediately prior to the Effective Time of the First Merger shall be cancelled and extinguished without any conversion thereofthereof or payment of consideration therefor.
Appears in 1 contract
Cancellation of Company-Owned Stock. Notwithstanding Section 2.4(b), each Each share of the Company Capital ----------------------------------- Stock held owned by the Company immediately prior to the Effective Time of the First Merger shall be cancelled canceled and extinguished without any conversion thereof.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Looksmart LTD)
Cancellation of Company-Owned Stock. Notwithstanding Subject to the terms and conditions of this Agreement, at the First Effective Time, by virtue of the First Merger and without any action on the part of any holder of any Company Capital Stock, notwithstanding Section 2.4(b2.6(c), each share of Company Capital Stock held owned by the Company or any of its respective wholly-owned Subsidiaries immediately prior to the First Effective Time of the First Merger shall be cancelled and extinguished without any conversion thereofthereof or payment of consideration therefor.
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Cancellation of Company-Owned Stock. Notwithstanding Section 2.4(b2.1(b), each share of Company Capital Stock held by the Company or any Company Subsidiaries immediately prior to the Effective Time of shall, at the First Merger shall Effective Time, be cancelled and extinguished without any conversion thereof.
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Cancellation of Company-Owned Stock. Notwithstanding Section 2.4(b2.2(c), each share of Company Capital Stock held owned by the Company immediately prior to the Effective Time of the First Merger shall be cancelled and extinguished without any conversion thereof.
Appears in 1 contract
Cancellation of Company-Owned Stock. Notwithstanding Section 2.4(b2.1(c), each share of Company Capital Stock held owned by the Company immediately prior to the Effective Time of the First Merger shall be cancelled and extinguished without any conversion thereofthereof and no payment or distribution shall be made with respect thereto.
Appears in 1 contract
Cancellation of Company-Owned Stock. Notwithstanding Section 2.4(b2.1(b), each share of Company Capital Stock held by the Company or any of the Company Subsidiaries immediately prior to the Effective Time of the First Merger shall be cancelled and extinguished without any conversion thereof.
Appears in 1 contract
Cancellation of Company-Owned Stock. Notwithstanding Section 2.4(bSections 2.5(a) and (b), each share of Company Capital Common Stock and Preferred Stock held of record by the Company immediately prior to the Effective Time of the First Merger shall be cancelled and extinguished without any conversion thereof.
Appears in 1 contract
Samples: Merger Agreement (Envestnet, Inc.)
Cancellation of Company-Owned Stock. Notwithstanding the provisions of Section 2.4(b)2.1(a)(iii) below, at the First Effective Time each share of Company Capital Common Stock held by the Company immediately prior to the First Effective Time of the First Merger shall be cancelled and extinguished without any conversion thereof.
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Cancellation of Company-Owned Stock. Notwithstanding Section 2.4(b2.2(b), each share of Company Capital Stock held by the Company immediately prior to the Effective Time of the First Merger shall will be cancelled canceled and extinguished without any conversion thereofthereof and without the issuance or payment of any consideration.
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Cancellation of Company-Owned Stock. Notwithstanding Section 2.4(b2.2(b), each share of Company Capital Stock held by the Company immediately prior to the Effective Time of the First Merger shall will be cancelled canceled and extinguished without any conversion thereofthereof and without the issuance or payment of any consideration therefor.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Concur Technologies Inc)
Cancellation of Company-Owned Stock. Notwithstanding the provisions of Section 2.4(b)2.5(c) and Section 2.5(d) below, each share of Company Capital Stock held by the Company immediately prior to the Effective Time of the First Merger shall be cancelled and extinguished without any conversion thereof.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Magma Design Automation Inc)
Cancellation of Company-Owned Stock. Notwithstanding the provisions of Section 2.4(b)2.2(c) below, each share of Company Capital Stock held by the Company immediately prior to the Effective Time of the First Merger shall be cancelled and extinguished without any conversion thereofthereof and without payment of any consideration therefor.
Appears in 1 contract
Samples: Stockholder Support and Option Agreement (Mgi Pharma Inc)
Cancellation of Company-Owned Stock. Notwithstanding Section 2.4(b), each Each share of Company Capital Stock held Stock, if any, owned by the Company immediately prior to the Effective Time of the First Merger shall be cancelled canceled and extinguished without any conversion thereof.
Appears in 1 contract
Cancellation of Company-Owned Stock. Notwithstanding Section 2.4(b)2.2.2, each share of Company Capital Stock held by the Company immediately prior to the Effective Time of the First Merger shall be cancelled and extinguished without any conversion thereof.
Appears in 1 contract
