Termination of Funds. Subject to applicable law, any portion of the Stock Merger Exchange Fund and the Fractional Securities Fund which remains unclaimed by the former stockholders of the Company for one (1) year after the Effective Time shall be delivered to Parent, upon demand of Parent, and any former stockholder of the Company shall thereafter look only to Parent for payment of their applicable claim for the Share Consideration for their Company Shares.
Appears in 4 contracts
Samples: Stockholder Agreement (Axs One Inc), Stockholder Agreement (Unify Corp), Agreement and Plan of Merger and Reorganization (Divine Inc)
Termination of Funds. Subject to applicable law, any portion of the Stock Merger Exchange Fund Fund, and the Fractional Securities Fund which that remains unclaimed by the former stockholders of the Company for one (1) year after the Effective Time shall be delivered to Parent, upon demand of Parent, and any former stockholder of the Company shall thereafter look only to Parent for payment of their such stockholder's applicable claim for the Share Consideration for their such stockholder's shares of Company SharesStock.
Appears in 3 contracts
Samples: Agreement and Plan of Merger (Open Market Inc), Agreement and Plan of Merger (Divine Inc), Agreement and Plan of Merger (Open Market Inc)
Termination of Funds. Subject to applicable law, any portion of the Stock Merger Exchange Fund Fund, the Cash Adjustment Payment, if any, and the Fractional Securities Fund which that remains unclaimed by the former stockholders shareholders of the Company for one (1) year after the Effective Time shall be delivered to Parent, upon demand of Parent, and any former stockholder shareholder of the Company shall thereafter look only to Parent for payment of their applicable claim for the Share Consideration for their Company Shares.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Eshare Communications Inc), Agreement and Plan of Merger (Divine Inc)
Termination of Funds. Subject to applicable law, any portion of the Stock Merger Exchange Fund and the Fractional Securities Fund which that remains unclaimed by the former stockholders of the Company for one (1) year after the Effective Time shall be delivered to Parent, upon demand of Parent, and any former stockholder of the Company shall thereafter look only to Parent for payment of their such stockholder's applicable claim for the Share Consideration for their such stockholder's shares of Company SharesCommon Stock.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Eprise Corp), Agreement and Plan of Merger (Divine Inc)
