Common use of Consideration Not Paid Clause in Contracts

Consideration Not Paid. (a) Any portion of the Payment Fund that remains undistributed to holders of Company Stock Certificates and Vested Company Options as of the date that is 180 days after the date on which the Merger becomes effective shall be delivered to Parent upon demand, and any holders of Company Stock Certificates and Vested Company Options who have not theretofore surrendered their Company Stock Certificates and delivered their letter of transmittal, as applicable, in accordance with Sections 2.10 and 2.11, respectively, shall thereafter look only to Parent for satisfaction of their claims for Merger Consideration and Merger Option Consideration, respectively, and Parent shall satisfy such claims in accordance with and subject to the terms of this ARTICLE 2.

Consideration Not Paid. (a) Any portion of the Payment Fund that remains undistributed to holders of Company Stock Certificates and or Vested Company Options as of the date that is 180 days after the date on which the Merger becomes effective shall be delivered to Parent upon demand, and any holders of Company Stock Certificates and Vested Company Options who have not theretofore surrendered their Company Stock Certificates and delivered their letter of transmittal, as applicable, transmittal in accordance with Sections 2.10 and 2.11, respectively, 2.11 shall thereafter look only to Parent for satisfaction of their claims for Merger Consideration and or Merger Option Consideration, respectivelyas applicable, and Parent shall satisfy such claims in accordance with and subject to the terms of this ARTICLE 2.