Common use of Exchange of Company Common Stock Clause in Contracts

Exchange of Company Common Stock. (a) At the Closing, the Company will arrange for each holder of record (a "Company Shareholder") of Company Common Stock outstanding immediately prior to the Effective Time to deliver to the Parent appropriate evidence of such holder's Company Common Stock ("Company Certificates"), together with an appropriate assignment signed by such holders, in exchange for the number of whole shares of Parent Common Stock into which such interests have been converted as provided in Section 1.4(a), and the Company Certificate(s) so surrendered will be canceled.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Reflect Scientific Inc), Employment Agreement (Reflect Scientific Inc), Agreement and Plan of Merger (Reflect Scientific Inc)

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Exchange of Company Common Stock. (a) At the Closing, the Company will arrange for each holder of record (a "Company Shareholder") of Company Common Stock outstanding immediately prior to the Effective Time to deliver to the Parent appropriate evidence of such holder's Company Common Stock ("Company Certificates"), together with an appropriate assignment signed by such holders, in exchange for the number of whole shares of Parent Common Stock into which such interests have been converted as provided in Section 1.4(a), and the Company Certificate(s) so surrendered will be canceled.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Cardiff International Inc), Agreement and Plan of Merger (Philadelphia Mortgage Corp.)

Exchange of Company Common Stock. (a) At the Closing, the Company will arrange for each holder cause the delivery of record (a "all Company Shareholder") of Stockholders’ Company Common Stock outstanding immediately prior to the Effective Time Time, to deliver to the Parent appropriate evidence of such holder's (“Company Common Stock ("Stockholders’ Company Certificates"), together with an appropriate assignment assignments signed by such holders, in exchange for the number of whole shares of Parent Common Stock into which such interests have been converted as provided in Section 1.4(a), and the Company Certificate(s) Stockholders’ Company Certificates so surrendered will be canceled.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Gameplan Inc)

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Exchange of Company Common Stock. (a) At the Closing, the all Company will arrange for each holder of record (a "Company Shareholder") of Shareholders Company Common Stock that are outstanding immediately prior to the Effective Time will be delivered to deliver to the Parent appropriate evidence of such holder's Company Common Stock ("Company Certificates"), together with an appropriate assignment assignments signed by such holders, in exchange for the number of whole shares of Parent Common Stock into which such interests have been converted as provided in Section 1.4(a), and the Company Certificate(s) so surrendered will be canceled.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Autoline Group Inc)

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