Common use of Election Procedure Clause in Contracts

Election Procedure. Each holder of Company Shares (other than holders of Company Shares to be canceled as set forth in Section 1.3(d)) shall have the right to submit a request specifying the number of Company Shares that such holder desires to have converted into Purchaser Stock in the Merger and the number of Company Shares that such holder desires to have converted into the right to receive $5.23 in cash per Company Share (the "Purchaser Share Price"), without interest (the "Cash Consideration"), in the Merger in accordance with the following procedure:

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Rainforest Cafe Inc), Agreement and Plan of Merger (Schussler Steven W), Agreement and Plan of Merger (Berman Lyle)

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Election Procedure. Each holder of Company Shares (other than holders of Company Shares to be canceled cancelled as set forth in Section 1.3(d)) shall have the right to submit a request specifying the number of Company Shares that such holder desires to have converted into Purchaser Stock in the Merger and the number of Company Shares that such holder desires to have converted into the right to receive $5.23 in cash per Company Share (the "Purchaser Share Price"), without interest (the "Cash Consideration"), in the Merger in accordance with the following procedure:

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Sunbeam Corp/Fl/), Agreement and Plan of Merger (Landrys Seafood Restaurants Inc)

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