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

No Further Ownership Rights in Company Stock. All shares of Parent Common Stock, cash in lieu of fractional shares of Parent Common Stock and dividends or other distributions with respect to Parent Common Stock issued in accordance with the terms hereof shall be deemed to have been issued in full satisfaction of all rights pertaining to such shares of Company Stock, and there shall be no further registration of transfers on the records of the Surviving Corporation of shares of Company Stock that 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 2.

Appears in 3 contracts

Samples: Agreement and Plan of Merger, Agreement and Plan of Merger (Google Inc.), Agreement and Plan of Merger (Google Inc.)

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No Further Ownership Rights in Company Stock. All shares of Parent Common Stock, cash in lieu Stock issued upon the surrender for exchange of fractional shares of Parent Common Company Stock and dividends or other distributions with respect to Parent Common Stock issued in accordance with the terms hereof (including any cash paid in respect thereof) shall be deemed to have been issued in full satisfaction of all rights pertaining to such shares of Company Stock, and there shall be no further registration of transfers on the records of the Surviving Corporation Company of shares of Company Stock that which were outstanding immediately prior to the Effective Time. If If, after the Effective Time Time, Certificates are presented to the Surviving Corporation for any reason, they shall be canceled and exchanged as provided in this ARTICLE Article 2.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Verticalnet Inc)

No Further Ownership Rights in Company Stock. All shares of Parent Common Stock, cash in lieu of fractional paid and shares of Parent Common Stock and dividends or other distributions with respect to Parent Common issued in exchange for shares of Company Stock issued in accordance with the terms hereof (together with any cash paid in respect thereof pursuant to Sections 1.6(h) and 1.7(c)) shall be deemed to have been issued in full satisfaction of all rights pertaining to such shares of Company Stock, and there shall be no further registration of transfers on the records of the Surviving Corporation Company of shares of Company Stock that which were outstanding immediately prior to the Effective Time. If If, after the Effective Time Time, Certificates are presented to the Surviving Corporation Company for any reason, they shall be canceled and exchanged as provided in this ARTICLE 2.Article I.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Digital Insight Corp)

No Further Ownership Rights in Company Stock. All shares of Parent Common Stock, cash in lieu Stock issued upon the surrender for exchange of fractional shares of Parent Company Common Stock and dividends or other distributions with respect to Parent Common Stock issued in accordance with the terms hereof (including any cash in lieu of fractional shares) shall be deemed to have been issued in full satisfaction of all rights pertaining to such shares of Company StockCommon, and there shall be no further registration of transfers on the records of the Surviving Corporation Company of shares of Company Stock that Common which were outstanding immediately prior to the Effective Time. If If, after the Effective Time Time, Certificates are presented to the Surviving Corporation for any reason, they shall be canceled cancelled and exchanged as provided in this ARTICLE 2Article II.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Sigma Designs Inc)

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No Further Ownership Rights in Company Stock. All shares of Parent Common Stock, cash in lieu of fractional shares of Parent Common Stock and dividends or other distributions with respect to Parent Common Stock issued in accordance with the terms hereof (together with any cash paid in respect thereof pursuant to Sections 1.6(i) and 1.7(c)) shall be deemed to have been issued in full satisfaction of all rights pertaining to such shares of Company Stock, and there shall be no further registration of transfers on the records of the Surviving Corporation of shares of Company Stock that which were outstanding immediately prior to the Effective Time. If If, after the Effective Time Time, Certificates are presented to the Surviving Corporation for any reason, they shall be canceled and exchanged as provided in this ARTICLE 2.Article I.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Digital Insight Corp)

No Further Ownership Rights in Company Stock. All shares of Parent Common Stock, cash in lieu Stock issued by Parent upon the surrender for exchange of fractional shares of Parent Company Common Stock and dividends or other distributions with respect to Parent Common Stock issued in accordance with the terms hereof (including any cash paid in respect thereof) shall be deemed to have been issued in full satisfaction of all rights pertaining to such shares of Company Common Stock, and there shall be no further registration of transfers on the records of the Surviving Corporation of shares of Company Capital Stock that which were outstanding immediately prior to the Effective Time. If If, after the Effective Time Time, Certificates are presented to the Surviving Corporation for any reason, they shall be canceled and exchanged as provided in this ARTICLE 2.Article I.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Concord Communications Inc)

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