Cancellation of Parent-Owned Stock. All Shares that are owned by ---------------------------------- Parent, Purchaser or any other wholly-owned Subsidiary of Parent shall be cancelled and retired and shall cease to exist, and no consideration shall be delivered in exchange therefor.
Appears in 2 contracts
Sources: Merger Agreement (Shopping Com), Merger Agreement (Compaq Interests Inc)
Cancellation of Parent-Owned Stock. All Shares Each Share that are is owned by ---------------------------------- Parent, Purchaser Sub or any other wholly-owned Subsidiary subsidiary of Parent shall automatically be cancelled canceled and retired and shall cease to exist, and no consideration shall be delivered in exchange therefor.
Appears in 1 contract
Sources: Merger Agreement (Edmark Corp)