Termination of Rights as Stockholder. If any of the Founder Shares are forfeited in accordance with this Section 4, then after such time the Transferees (or successor in interest), shall no longer have any rights as holders of such Founder Shares, and the Company shall take such action as is appropriate to cancel such Founder Shares.
Appears in 2 contracts
Samples: Stock Transfer Agreement (GigCapital2, Inc.), Stock Transfer Agreement (GigCapital2, Inc.)
Termination of Rights as Stockholder. If any of the Founder Shares are forfeited in accordance with this Section 43, then after such time the Transferees Subscriber (or successor in interest), shall no longer have any rights as holders a holder of such forfeited Founder Shares, and the Company shall take such action as is appropriate to cancel such forfeited Founder Shares.
Appears in 1 contract
Samples: Liberty Media Acquisition Corp
Termination of Rights as Stockholder. If any of the Founder Shares are forfeited in accordance with this Section 43, then after such time the Transferees Purchaser (or successor in interest), shall no longer have any rights as holders a holder of such forfeited Founder Shares, and the Company shall take such action as is appropriate to cancel such forfeited Founder Shares.
Appears in 1 contract
Samples: Securities Purchase Agreement (byNordic Acquisition Corp)
