EDISTO Sample Clauses

EDISTO. At and after the Merger 1 Effective Time, holders of Edisto Certificates shall cease to have any rights as stockholders of Edisto, except for the right to receive shares of Parent Common Stock and Merger 1 Cash Consideration pursuant to Section 4(a)(i) and the right to receive cash for payment of fractional shares pursuant to Section 4(e). At the Merger 1 Effective Time, the stock transfer books of Edisto shall be closed and no transfer of shares of Edisto Common Stock which were outstanding immediately prior to the Merger 1 Effective Time shall thereafter be made. If, after the Merger 1 Effective Time, subject to the terms and conditions of this Agreement, Edisto Certificates formerly representing shares of Edisto Common Stock are presented to Parent, they shall be canceled and exchanged for shares of Parent Common Stock in accordance with this Section 4.
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