No Further Rights or Transfers. At and after the Effective Time, holders of Certificates shall cease to have any rights as stockholders of the Surviving Corporation, except for the right to surrender such Certificates in exchange for the Merger Consideration pursuant to Sections 1.6 and 1.8 hereof or to perfect their right to receive payment for their shares of ITI Common Stock pursuant to Section 262 of the DGCL and Section 1.9 hereof. No transfer of shares of ITI Common Stock outstanding immediately prior to the Effective Time shall be made on the stock transfer books of the Surviving Corporation after the Effective Time. If, after the Effective Time, Certificates formerly representing shares of ITI Common Stock are presented to the Surviving Corporation, they shall be canceled and exchanged for the Merger Consideration.
Appears in 4 contracts
Samples: Agreement and Plan of Merger (Lil Marc Inc), Agreement and Plan of Merger (Lil Marc Inc), Agreement and Plan of Merger (Lil Marc Inc)
