Electronics Common Stock definition
Examples of Electronics Common Stock in a sentence
For stockholders of Tyco who own Tyco Common Stock through a broker or other nominee, their shares of Electronics Common Stock will be credited to their respective accounts by such broker or nominee.
No action by any such stockholder shall be necessary for such stockholder (or such stockholder’s designated transferee or transferees) to receive the applicable number of shares of (and, if applicable, cash in lieu of any fractional shares) Electronics Common Stock such stockholder is entitled to in the Electronics Distribution.
Tyco stockholders holding a number of shares of Tyco Common Stock, on the applicable Record Date, which would entitle such stockholders to receive less than one whole share of Healthcare Common Stock or Electronics Common Stock, as the case may be, in the applicable Distribution, will receive cash in lieu of fractional shares.
Fractional shares of Healthcare Common Stock or Electronics Common Stock will not be distributed in the Distributions nor credited to book-entry accounts.
Each holder of Tyco Common Stock on the Electronics Distribution Record Date (or such holder’s designated transferee or transferees) will be entitled to receive in the Electronics Distribution one (1) share of Electronics Common Stock for every shares of Tyco Common Stock held by such stockholder.
None of Tyco, Healthcare, Electronics or the Distribution Agent will guarantee any minimum sale price for the fractional shares of Healthcare Common Stock or Electronics Common Stock.
None of Tyco, Healthcare, Electronics or the applicable Agent will guarantee any minimum sale price for the fractional shares of Healthcare Common Stock or Electronics Common Stock.
Each holder of Tyco Common Stock on the Electronics Distribution Record Date (or such holder’s designated transferee or transferees) will be entitled to receive in the Electronics Distribution one (1) share of Electronics Common Stock for every ( ) shares of Tyco Common Stock held by such stockholder.
At the Closing each of the PE Shareholders shall deliver to Parent stock certificates representing all of his shares of Personal Electronics Common Stock endorsed in blank or accompanied by duly executed assignment documents and Parent will deliver to each of the PE Shareholders, in exchange for such shares of Personal Electronics Common Stock so delivered, the number of shares of Parent Common Stock to which such stockholder is entitled pursuant to Section 3.1 (a) hereof.
By virtue of such approval, no holder of Personal Electronics Common Stock or other equity securities of Personal Electronics has any right to dissent and obtain payment for such holder's shares under applicable law.