Common use of Stockholders' Rights upon Merger Clause in Contracts

Stockholders' Rights upon Merger. Upon consummation of the Merger, the certificates which theretofore represented EDI Shares (the "CERTIFICATES") shall cease to represent any rights with respect thereto and, subject to applicable law and this Agreement, shall only represent the right to receive the Merger Consideration payable in lieu of fractional shares of Bowmxx Xxxck into which the EDI Shares have been converted pursuant to this Agreement.

Appears in 1 contract

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

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Stockholders' Rights upon Merger. Upon consummation of the Merger, the certificates which theretofore represented EDI Shares (the "CERTIFICATESCertificates") shall cease to represent any rights with respect thereto and, subject to applicable law and this Agreement, shall only represent the right to receive the Merger Consideration payable in lieu of fractional shares of Bowmxx Xxxck into which the EDI Shares have been converted pursuant to this Agreement.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Bowmar Instrument Corp)

Stockholders' Rights upon Merger. Upon consummation of the Merger, the certificates which theretofore represented EDI Shares (other than Dissenting Shares) (the "CERTIFICATESCertificates") shall cease to represent any rights with respect thereto and, subject to applicable law and this Agreement, shall only represent the right to receive the Merger Consideration payable in lieu of fractional shares of Bowmxx Xxxck into which the EDI Shares have been converted pursuant to this Agreement.

Appears in 1 contract

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

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Stockholders' Rights upon Merger. Upon consummation of the Merger, the certificates which theretofore represented EDI Shares (other than Dissenting Shares) (the "CERTIFICATESCertificates") shall cease to represent any rights with respect thereto and, subject to applicable law and this Agreement, shall only represent the right to receive the Merger Consideration payable in lieu of fractional shares of Bowmxx Xxxck Stock into which the EDI Shares have been converted pursuant to this Agreement.

Appears in 1 contract

Samples: Affiliate Agreement (Bowmar Instrument Corp)

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