Escheat Laws. Notwithstanding any other provision of this Article 1, none of Parent, Sub, Company, the Surviving Corporation, the Exchange Agent or any other party hereto shall be liable to any holder of Company Common Stock for any Parent Common Stock, or dividends or distributions thereon or cash in lieu of fractional shares, delivered to a public official pursuant to any applicable abandoned property, escheat or similar laws.
Appears in 2 contracts
Samples: Plan and Agreement of Merger (American Express Co), Plan and Agreement of Merger (Rockford Industries Inc)
Escheat Laws. Notwithstanding any other provision of this Article 1, none of Neither Parent, Merger Sub, Company, the Surviving CorporationCompany, the Exchange Agent or any other party hereto nor their respective Representatives shall be liable to any holder Company Securityholder for any shares of Company Parent Common Stock for any Parent Common Stock, (or dividends or distributions thereon with respect thereto) or cash to which they are entitled for their shares of Company Capital Stock or Company Options in lieu of fractional shares, the Merger that is delivered to a public official pursuant to any applicable abandoned property, escheat or similar lawsLaw.
Appears in 1 contract
