Common use of No Further Ownership Rights in Company Stock Clause in Contracts

No Further Ownership Rights in Company Stock. The Merger Shares delivered upon the surrender for exchange of shares of Company Common Stock in accordance with the terms hereof shall be deemed to have been issued in full satisfaction of all rights pertaining to such shares, and there shall be no further registration of transfers on the records of the Surviving Corporation of shares of Company Common Stock which were outstanding immediately prior to the Effective Time. If, after the Effective Time, certificates are presented to the Surviving Corporation for any reason, they shall be canceled and exchanged as provided in this Article II.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Lycos Inc), Agreement and Plan of Merger (Lycos Inc), Agreement and Plan of Merger (Go2net Inc)

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No Further Ownership Rights in Company Stock. The Merger Shares -------------------------------------------- delivered upon the surrender for exchange of shares of Company Common Stock in accordance with the terms hereof shall be deemed to have been issued in full satisfaction of all rights pertaining to such shares, and there shall be no further registration of transfers on the records of the Surviving Corporation of shares of Company Common Stock which were outstanding immediately prior to the Effective Time. If, after the Effective Time, certificates are presented to the Surviving Corporation for any reason, they shall be canceled and exchanged as provided in this Article II.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Lycos Inc), Agreement and Plan of Merger (Lycos Inc), Agreement and Plan of Merger (Lycos Inc)

No Further Ownership Rights in Company Stock. The All Merger Shares delivered issued upon the surrender for exchange of shares of Company Common Stock in accordance with the terms hereof of this Article II shall be deemed to have been issued in full satisfaction of all rights pertaining to such shares, and there shall be no further registration of transfers on the records of the Surviving Corporation of shares of Company Common Stock which were outstanding immediately prior to the Effective TimeStock. If, after the Effective Time, certificates are any Company Certificate is presented to the Surviving Corporation for any reasonCorporation, they such Company Certificate shall be canceled and exchanged as provided in this Article II.

Appears in 3 contracts

Samples: Annexes and Schedules (Swi Holdings LLC), Annexes and Schedules (Swi Holdings LLC), Agreement and Plan of Reorganization (Alloy Online Inc)

No Further Ownership Rights in Company Stock. The applicable portion of Merger Shares delivered Consideration issued upon the surrender for exchange of shares of Company Common Stock in accordance with the terms hereof of this Article I shall be deemed to have been issued in full satisfaction of all rights pertaining to such sharesCompany Stock. At the Effective Time, the share transfer books of the Company shall be closed, and thereafter there shall be no further registration or transfers of transfers shares of Company Stock on the records of the Surviving Corporation of shares of Company Common Stock which were outstanding immediately prior to the Effective Time. If, after the Effective Time, certificates are presented to the Surviving Corporation for any reason, they shall be canceled and exchanged as provided in this Article IICorporation.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Veeco Instruments Inc), Agreement and Plan of Merger (Veeco Instruments Inc), Agreement and Plan of Merger (Sourcefire Inc)

No Further Ownership Rights in Company Stock. The Applicable Merger Shares Consideration delivered upon the surrender for exchange of shares of Company Common Stock each Certificate in accordance with the terms hereof shall be deemed to have been issued in full satisfaction of all rights pertaining to such shares, and there shall be no further registration of transfers on the records of the Surviving Corporation of shares of Company Common Stock which were outstanding immediately prior to the Effective TimeShares. If, after the Effective Time, certificates Certificates are presented to the Surviving Corporation for any reason, they shall be canceled and exchanged as provided in this Article II.I.

Appears in 2 contracts

Samples: Recapitalization Agreement (Details Capital Corp), Recapitalization Agreement (Ddi Corp)

No Further Ownership Rights in Company Stock. The Merger Shares delivered upon the surrender for exchange of shares of Company Common Stock in accordance with the terms hereof shall be deemed to have been issued in full satisfaction of all rights pertaining to such shares, and there shall be no further registration of transfers on the records of the Surviving Corporation of shares of Company Common Stock which were outstanding immediately prior to the Effective Time. If, after the Effective Time, certificates for shares of Company Common Stock are presented to the Surviving Corporation for any reason, they shall be canceled and exchanged as provided in this Article II.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Go2net Inc), Execution Copy Agreement and Plan of Merger (Go2net Inc)

No Further Ownership Rights in Company Stock. The Applicable Merger Shares Price delivered upon the surrender for exchange of shares Shares of Company Common Stock in accordance with the terms hereof shall be deemed to have been issued in full satisfaction of all rights pertaining to such sharesShares, and there shall be no further registration of transfers on the records of the Surviving Corporation of shares of Company Common Stock which were outstanding immediately prior to the Effective Time. If, after the Effective Time, certificates Certificates are presented to the Surviving Corporation for any reason, they shall be canceled and exchanged as provided in this Article II.I.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Live Entertainment Inc)

No Further Ownership Rights in Company Stock. The All Merger Shares delivered issued upon the surrender for exchange of shares of Company Common Stock in accordance with the terms hereof of this Article 2 shall be deemed to have been issued in full satisfaction of all rights pertaining to such sharesshares of Company Stock. After the Effective Time, and there shall will be no further registration of transfers on the records of the Surviving Corporation of shares of Company Common Stock which were outstanding immediately prior to on the Effective Timestock transfer books of the Company. If, after the Effective Time, certificates are any Company Certificate is presented to the Surviving Corporation for any reasonCorporation, they such Company Certificate shall be canceled and exchanged as provided in this Article II2.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Continuum Group B Inc)

No Further Ownership Rights in Company Stock. The Applicable Merger Shares Consideration delivered upon the surrender for exchange of shares of Company Common Stock each Certificate in accordance with the terms hereof shall be deemed to have been issued in full satisfaction of all rights pertaining to such shares, and there shall be no further registration of transfers on the records of the Surviving Corporation of shares of Company Common Stock which were outstanding immediately prior to the Effective TimeShares. If, after the Effective Time, certificates Certificates are presented to the Surviving Corporation for any reason, they shall be canceled and exchanged as provided in this Article II.

Appears in 1 contract

Samples: Recapitalization Agreement (Eye Care Centers of America Inc)

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No Further Ownership Rights in Company Stock. The Applicable Merger Shares Price delivered upon the surrender for exchange of shares Shares of Company Common Stock in accordance with the terms hereof shall be deemed to have been issued in full satisfaction of all rights pertaining to such shares, and there shall be no further registration of transfers on the records of the Surviving Corporation of shares of Company Common Stock which were outstanding immediately prior to the Effective TimeShares. If, after the Effective Time, certificates Certificates are presented to the Surviving Corporation for any reason, they shall be canceled and exchanged as provided in this Article II.I.

Appears in 1 contract

Samples: Agreement and Plan of Merger (White River Corp)

No Further Ownership Rights in Company Stock. The All Merger Shares delivered -------------------------------------------- issued upon the surrender for exchange of shares of Company Common Stock in accordance with the terms hereof of this Article II shall be deemed to have been issued in full satisfaction of all rights pertaining to such shares, and there shall be no further registration of transfers on the records of the Surviving Corporation of shares of Company Common Stock which were outstanding immediately prior to the Effective TimeStock. If, after the Effective Time, certificates are any Company Certificate is presented to the Surviving Corporation for any reasonCorporation, they such Company Certificate shall be canceled and exchanged as provided in this Article II.

Appears in 1 contract

Samples: Alloy Online Inc

No Further Ownership Rights in Company Stock. The Merger Shares delivered Consideration to be issued upon the surrender for exchange of shares of Company Common Capital Stock in accordance with the terms hereof of this Article I (together with any cash in lieu of fractional shares paid in respect thereof) shall be deemed to have been issued in full satisfaction of all rights pertaining to such shares, and there shall be no further registration of transfers on the records of the Surviving Corporation of shares of Company Common Capital Stock which were outstanding immediately prior to the Effective Time. under this Article I. If, after the Effective Time, certificates Company Certificates are presented to the Parent or Surviving Corporation for any reason, they shall be canceled and exchanged as provided in this Article II.I.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Vringo Inc)

No Further Ownership Rights in Company Stock. The Merger Shares delivered upon the surrender for exchange of shares of Company Common Stock in accordance with the terms hereof shall be deemed to have been issued in full satisfaction of all rights pertaining to such shares, and there shall be no further registration of transfers on the records of the Surviving Corporation of shares of Company Common Stock which were outstanding immediately prior to the Effective Time. If, after the Effective Time, certificates are presented to the Surviving Corporation for any reason, they shall be canceled and exchanged as provided in this Article II.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Lycos Inc)

No Further Ownership Rights in Company Stock. The Merger Shares delivered Consideration to be issued upon the surrender for exchange of shares of Company Common Capital Stock in accordance with the terms hereof of this Article I shall be deemed to have been issued in full satisfaction of all rights pertaining to such shares, and there shall be no further registration of transfers on the records of the Surviving Corporation of shares of Company Common Capital Stock which were outstanding immediately prior to the Effective Time. under this Article I. If, after the Effective Time, certificates Company Certificates are presented to the Parent or Surviving Corporation for any reason, they shall be canceled and exchanged as provided in this Article II.I.

Appears in 1 contract

Samples: Employment Agreement (Document Security Systems Inc)

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