Common use of Stockholders' Rights upon Merger Clause in Contracts

Stockholders' Rights upon Merger. Upon consummation of the Merger, the certificates which theretofore represented the issued and outstanding shares of the Company Capital Stock (the "CERTIFICATES") shall cease to represent any rights with respect thereto, and, subject to applicable Law (as defined in Section 3.4 below) and this Agreement, the Company Shares shall only represent the right to receive the Merger Consideration.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Innovative Gaming Corp of America)

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Stockholders' Rights upon Merger. Upon consummation of the Merger, the certificates which theretofore represented the issued and outstanding shares of the Company Capital Stock (the "CERTIFICATES") Certificates shall cease to represent any rights with respect thereto, and, subject to applicable Law (as defined in Section 3.4 belowhereinafter defined) and this Restated Agreement, the Company Shares Certificates shall only represent the right to receive the Merger ConsiderationConsideration including the amount of cash, if any, payable in lieu of fractional shares of Parent Common Stock into which the Big Stuff Shares have been converted pursuant to this Restated Agreement.

Appears in 1 contract

Samples: Big Stuff Agreement (Advanced Communications Group Inc/De/)

Stockholders' Rights upon Merger. Upon consummation of the Merger, the certificates which theretofore represented the issued and outstanding shares of the Company Capital Stock (the "CERTIFICATES") Certificates shall cease to represent any rights with respect thereto, and, subject to applicable Law (as defined in Section 3.4 belowhereinafter defined) and this Restated Agreement, the Company Shares Certificates shall only represent the right to receive the Merger ConsiderationConsideration including the amount of cash, if any, payable in lieu of fractional shares of Parent Common Stock into which the Web Shares have been converted pursuant to this Restated Agreement.

Appears in 1 contract

Samples: Web Yp Agreement (Advanced Communications Group Inc/De/)

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Stockholders' Rights upon Merger. Upon consummation of -------------------------------- the Merger, the certificates which theretofore represented the issued and outstanding shares of the Company Capital Stock (the "CERTIFICATES") Certificates shall cease to represent any rights with respect thereto, and, subject to applicable Law (as defined in Section 3.4 belowhereinafter defined) and this Agreement, the Company Shares Certificates shall only represent the right to receive the Merger ConsiderationConsideration including the amount of cash, if any, payable in lieu of fractional shares of Parent Common Stock into which the Web Shares have been converted pursuant to this Agreement.

Appears in 1 contract

Samples: Web Yp Agreement (Advanced Communications Group Inc/De/)

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