Common use of Transfers of Stock Clause in Contracts

Transfers of Stock. Upon surrender to the Corporation or the transfer agent of the Corporation of a certificate for shares in compliance with the requirements of Section 8-401 of Title 6 of the Delaware Code Annotated, as amended, it shall be the duty of the Corporation to issue a new certificate to the person entitled thereto, cancel the old certificate and record the transaction upon its books.

Appears in 7 contracts

Samples: Agreement and Plan of Merger (Ardea Biosciences, Inc./De), Agreement and Plan of Merger (Allergan PLC), Agreement and Plan of Merger (Kythera Biopharmaceuticals Inc)

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Transfers of Stock. Upon surrender to the Corporation or the transfer agent of the Corporation of a certificate for shares in compliance with the requirements of Section 8-401 of Title 6 stock of the Delaware Code AnnotatedCorporation duly endorsed or accompanied by proper evidence of succession, as amendedassignment or other authority to transfer, it shall be the duty of the Corporation to issue a new certificate to the person entitled theretoto the new certificate, cancel the old certificate and record the transaction upon its books, provided the Corporation or a transfer agent of the Corporation shall not have received a notification of adverse interest and that the conditions of Section 8-401 of Title 6 of the Delaware Code have been met.

Appears in 1 contract

Samples: Agreement and Plan of Merger

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