Examples of Company Stock Rights in a sentence
Provide that, in connection with a liquidation or dissolution of the Company, Stock Rights shall convert into the right to receive liquidation proceeds net of the exercise price thereof and any applicable tax withholdings.
Following the Effective Time the holders of Company Stock Rights shall have no further rights with respect thereto other than to receive the Stock Right Termination Consideration, if any, as provided herein.
All of the outstanding shares of the Company’s capital stock are, and all Shares which may be issued pursuant to the exercise of outstanding Company Stock Rights and Warrants will be, when issued in accordance with the terms thereof, duly authorized, validly issued, fully paid and non-assessable.
To the extent amounts are so withheld by Parent, the Surviving Corporation, or the Paying Agent, the withheld amounts shall be treated for all purposes of this Agreement as having been paid to the holder of the Shares or the Company Stock Rights or the Company Restricted Shares, as applicable, in respect of which the deduction and withholding was made.
Notwithstanding anything in this Agreement to the contrary, the Paying Agent, MergerSub, the Surviving Corporation and Parent shall be entitled to deduct and withhold from any cash consideration payable pursuant to this Agreement to any holder of shares of Company Common Stock or any holder of Company Stock Rights such amounts as it is required by Law to deduct and withhold with respect to the making of such payment under the Code, or any provision of state, local, or foreign Law.