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

No Further Ownership Rights in Company Stock. All cash paid upon the surrender of Certificates in accordance with the terms of this Article III shall be deemed to have been paid in full satisfaction of all rights pertaining to the shares of Company Stock previously represented by such Certificates. From and after the Effective Time, the stock transfer books of the Company shall be closed and there shall be no further registration of transfers on the stock transfer books of the Surviving Corporation of the shares of Company Stock that were outstanding immediately prior to the Effective Time. If, at any time after the Effective Time, Certificates are presented to the Surviving Corporation or Parent for any reason, they shall be canceled and exchanged as provided in this Article III.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Epicor Software Corp), Agreement and Plan of Merger (Activant Solutions Inc /De/)

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No Further Ownership Rights in Company Stock. All cash paid shares of Parent Common Stock exchanged upon the surrender of Certificates in accordance with the terms of this Article III shall be deemed to have been paid in full satisfaction of all rights pertaining to the shares of Company Stock previously theretofore represented by such Certificates. From and after At the Effective Time, the stock transfer books of the Company shall be closed closed, and there shall be no further registration of transfers on the stock transfer books of the Surviving Corporation of the shares of Company Stock that were outstanding immediately prior to the Effective Time. If, at any time after the Effective Time, Certificates are presented to the Surviving Corporation or Parent for any reason, they shall be canceled and exchanged as provided in this Article III.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Grant Ventures Inc), Agreement and Plan of Merger (Grant Ventures Inc)

No Further Ownership Rights in Company Stock. All cash paid shares of Parent Common Stock issued upon the surrender for exchange of Certificates in accordance with the terms of this Article III hereof shall be deemed to have been paid issued at the Effective Time in full satisfaction of all rights pertaining to the shares of Company Stock previously represented by such Certificatesthereby. From and after the Effective Time, the stock transfer books of the Company shall be closed and there shall be no further registration of transfers on the stock transfer books of the Surviving Corporation of the shares of Company Common Stock that which were outstanding immediately prior to the Effective Time. If, at any time after the Effective Time, Certificates are presented to the Surviving Corporation or Parent for any reason, they shall be canceled and exchanged as provided in this Article IIIArticle.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Eco Form International Inc)

No Further Ownership Rights in Company Stock. All cash paid upon the surrender of Certificates in accordance with the terms of this Article III 3 shall be deemed to have been paid in full satisfaction of all rights pertaining to the shares of Company Stock previously represented by such Certificates. From and after the Effective Time, the stock transfer books of the Company shall be closed and there shall be no further registration of transfers on the stock transfer books of the Surviving Corporation of the shares of Company Stock that were outstanding immediately prior to the Effective Time. If, at any time after the Effective Time, Certificates are presented to the Surviving Corporation or Parent for any reason, they shall be canceled and exchanged as provided in this Article III3.

Appears in 1 contract

Samples: Termination and Release Agreement (Activant Solutions Inc /De/)

No Further Ownership Rights in Company Stock. All cash The Merger Consideration paid upon the surrender of Certificates or Book-Entry Shares in accordance with the terms of this Article III Agreement shall be deemed to have been paid in full satisfaction of all rights pertaining to the shares of Company Stock previously Shares represented by such Certificatesthereby. From and after the Effective Time, the stock transfer books of the Company shall be closed and there shall be no further registration of transfers on the stock transfer books of the Surviving Corporation of the shares of Company Stock that Shares which were outstanding immediately prior to the Effective Time. If, at any time after the Effective Time, Certificates or Book-Entry Shares are presented to the Surviving Corporation or Parent for any reason, they shall be canceled and exchanged as provided in this Article IIISection 3.2.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Rural Cellular Corp)

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No Further Ownership Rights in Company Stock. All cash paid shares of Parent Common Stock exchanged upon the surrender of Certificates in accordance with the terms of this Article III II shall be deemed to have been paid in full satisfaction of all rights pertaining to the shares of Company Stock previously theretofore represented by such Certificates. From and after At the Effective Time, the stock transfer books of the Company shall be closed closed, and there shall be no further registration of transfers on the stock transfer books of the Surviving Corporation of the shares of Company Stock that were outstanding immediately prior to the Effective Time. If, at any time after the Effective Time, Certificates are presented to the Surviving Corporation or Parent Company for any reason, they shall be canceled and exchanged as provided in this Article IIIII.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Cell Power Technologies Inc)

No Further Ownership Rights in Company Stock. All cash paid shares of Parent Common Stock exchanged upon the surrender of Certificates in accordance with the terms of this Article III II shall be deemed to have been paid in full satisfaction of all rights pertaining to the shares of Company Stock previously theretofore represented by such Certificates. From and after At the Effective Time, the stock transfer books of the Company shall be closed closed, and there shall be no further registration of transfers on the stock transfer books of the Surviving Corporation of the shares of Company Stock that were outstanding immediately prior to the Effective Time. If, at any time after the Effective Time, Certificates are presented to the Surviving Corporation or the Parent for any reason, they shall be canceled and exchanged as provided in this Article IIIII.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Barpoint Com Inc)

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