Company Stock definition
Examples of Company Stock in a sentence
Until surrendered as contemplated by this Section 2.7(b), each Company Stock Certificate or uncertificated shares of Company Capital Stock shall be deemed, from and after the First Effective Time, to represent only the right to receive book-entry shares of Parent Capital Stock representing the Merger Consideration.
Each Company Stock Plan is accurately described in all material respects in the Registration Statement, the Pricing Disclosure Package and the Prospectus.
As of the date hereof, no shares of Company Stock are held by the Company in its treasury, and three million six hundred fifty thousand eight hundred ninety-nine (3,650,899) shares of Company Stock are reserved for issuance pursuant to outstanding Company Options under the Company Stock Plan (of which two million seven hundred ninety-nine thousand four hundred fifty (2,799,450) shares of Company Stock were subject to outstanding Company Options).
None of Parent, Merger Sub, the Surviving Corporation, the Equityholders’ Representative, the Paying Agent or any other Person shall be liable to any Person in respect of any Company Stock Merger Consideration or any other amounts payable pursuant to this Agreement that are delivered to the applicable Governmental Authority in accordance with or pursuant to any applicable abandoned property, escheat or similar Law.
Each share of Company Stock that is owned by (A) any of Parent, Merger Sub or their respective Affiliates, or (B) the Company shall, in each such case, automatically be canceled and retired and shall cease to exist, and no consideration shall be delivered in exchange therefor.