Examples of Protea Common Stock in a sentence
Upon surrender, each certificate evidencing Protea Common Stock shall be canceled.
The shares of SRKP Common Stock to be issued to holders of Protea Common Stock pursuant to this Agreement will be, when issued, duly authorized, validly issued, fully paid and nonassessable.
On and after the Effective Date and until surrendered for exchange, each outstanding stock certificate that immediately prior to the Effective Date represented shares of Protea Common Stock (except Dissenting Shares and shares cancelled or extinguished pursuant to Section 2.2) shall be deemed for all purposes, to evidence ownership of and to represent the number of whole shares of SRKP Common Stock into which such shares of Protea Common Stock shall have been converted pursuant to Section 2.2 above.
In any matters relating to such certificates of Protea Common Stock, SRKP may rely conclusively upon the record of stockholders maintained by Protea containing the names and addresses of the holders of record of Protea Common Stock on the Effective Date.
Holders of no more than two (2) percent of the outstanding shares of Protea Common Stock shall have validly exercised, or remained entitled to exercise, their appraisal rights under Section 262 of the DGCL.
SRKP shall not be obligated to deliver any such shares of SRKP Common Stock to which any former holder of shares of Protea Common Stock is entitled until such holder surrenders the certificate or certificates representing such shares.
The record holder of each such outstanding certificate representing shares of Protea Common Stock, shall, after the Effective Date, be entitled to vote the shares of SRKP Common Stock into which such shares of Protea Common Stock shall have been converted on any matters on which the holders of record of SRKP Common Stock, as of any date subsequent to the Effective Date, shall be entitled to vote.