Common use of Cancellation of Treasury Stock and Parent-Owned Stock Clause in Contracts

Cancellation of Treasury Stock and Parent-Owned Stock. Each share of common stock, par value $0.01 per share, of the Company (the “Company Common Stock”) that is held by the Company as treasury stock and each share of Company Common Stock that is owned by a Company Subsidiary, Parent or Merger Sub immediately prior to the Effective Time will no longer be outstanding and will automatically be canceled and will cease to exist, and no consideration will be delivered in exchange therefor.

Cancellation of Treasury Stock and Parent-Owned Stock. Each share All shares of common stock, par value $0.01 0.001 per share, of the Company (the “Company Common Stock”) that is held are owned by the Company as treasury stock and each share any shares of Company Common Stock that is owned by a Company Subsidiary, Parent or Merger Sub or any direct or indirect Subsidiaries of Parent immediately prior to the Effective Time will no longer be outstanding and will automatically be canceled cancelled and will cease to exist, exist and no consideration payment will be delivered in exchange thereformade with respect thereto.

Cancellation of Treasury Stock and Parent-Owned Stock. Each share of common stock, par value $0.01 per share, of the Company (the “Company Common Stock”) that is held owned by the Company as treasury stock or its wholly-owned Subsidiaries, Parent or Merger Sub and each share of Company Common Preferred Stock that is owned by a the Company Subsidiaryor its wholly-owned Subsidiaries, Parent or Merger Sub immediately prior to the Effective Time will no longer be outstanding and will shall automatically be canceled and will retired and shall cease to exist, and no consideration will shall be delivered in exchange therefor.

Cancellation of Treasury Stock and Parent-Owned Stock. Each share of common stock, par value $0.01 per share, of the Company (the “"Company Common Stock”) that is held by "), and any other shares of capital stock of the Company as treasury stock and each share of Company Common Stock Company, that is owned by a the Company Subsidiaryor any Subsidiary of the Company or by Parent, Parent or Merger Sub immediately prior to the Effective Time will no longer be outstanding and will or any other Subsidiary of Parent shall automatically be canceled cancelled and will retired and shall cease to existbe outstanding, and no consideration will Merger Consideration shall be delivered or deliverable in exchange therefor.

Cancellation of Treasury Stock and Parent-Owned Stock. Each share of common stock, par value $0.01 per share, of the Company (the “Company Common Stock”) that is held by ), and any other shares of capital stock of the Company as treasury stock and each share of Company Common Stock Company, that is owned by a the Company Subsidiaryor any Subsidiary of the Company or by Parent, Parent or Merger Sub immediately prior to the Effective Time will no longer be outstanding and will or any other Subsidiary of Parent shall automatically be canceled cancelled and will retired and shall cease to existbe outstanding, and no consideration will Merger Consideration shall be delivered or deliverable in exchange therefor.

Cancellation of Treasury Stock and Parent-Owned Stock. Each issued and outstanding share of common stock, par value $0.01 .001 per share, of the Company (the “Company Common Stock”) that is held owned by the Company as treasury stock and each share of Company Common Stock that is owned by Company, a Company Subsidiary, Parent or Merger Sub immediately prior to or held in the Effective Time will no longer be outstanding and will treasury of the Company (collectively, “Excluded Shares”) shall automatically be canceled and will retired and shall cease to exist, and no consideration will shall be delivered or deliverable in exchange therefor.

Cancellation of Treasury Stock and Parent-Owned Stock. Each share of common stock, par value $0.01 per share, of the Company (the “Company Common Stock”) that is held by the Company as treasury stock and each share of Company Common Stock that is (shares of Company Common Stock being hereinafter collectively referred to as “Company Shares”) held in the treasury of the Company and any Company Shares owned by a Company Subsidiary, Parent or Merger Sub by any direct or indirect wholly-owned Subsidiary of Parent or the Company (including any Company Shares issued by the Company pursuant to a stock option) immediately prior to the Effective Time will no longer be outstanding and will automatically shall be canceled and will cease to exist, extinguished without any conversion thereof and no consideration will payment shall be delivered in exchange thereformade with respect thereto.

Cancellation of Treasury Stock and Parent-Owned Stock. Each share All shares of common stockCommon Stock of the Company, par value $0.01 .00033 per shareshare ("Company Common Stock"), that are owned by Company or any Subsidiary (as defined in Section 3.1) of the Company (the “Company Common Stock”) that is held by the Company as treasury stock and each share of Company Common Stock that is owned by a Company Subsidiary, Parent or Merger Sub immediately prior to the Effective Time will no longer be outstanding and will automatically shall be canceled and will retired and shall cease to exist, exist and no stock of Parent or other consideration will shall be delivered in exchange therefor. All shares of Company Common Stock owned by Parent shall be unaffected by the Merger.

Cancellation of Treasury Stock and Parent-Owned Stock. Each share of common stock, par value $0.01 per share, of the Company (the “Company Common Stock”) that is held by the Company as treasury stock and each share of Company Common Stock that is (shares of Company Common Stock being hereinafter collectively referred to as "Company Shares") held in the treasury of the Company and any Company Shares owned by a Company Subsidiary, Parent or Merger Sub by any direct or indirect wholly-owned Subsidiary of Parent or the Company (including any Company Shares issued by the Company pursuant to a stock option) immediately prior to the Effective Time will no longer be outstanding and will automatically shall be canceled and will cease to exist, extinguished without any conversion thereof and no consideration will payment shall be delivered in exchange thereformade with respect thereto.

Cancellation of Treasury Stock and Parent-Owned Stock. Each share of common stock, par value $0.01 0.0001 per share, of in the Company (the “Company Common Stock”) that is held owned by the Company as treasury stock and each share of Company Common Stock that is owned by a Company Subsidiary, Parent or Merger Sub immediately prior to the Effective Time will shall no longer be outstanding and will shall automatically be canceled and will shall cease to exist, and no consideration will shall be delivered in exchange therefor.

Cancellation of Treasury Stock and Parent-Owned Stock. Each share of the Company’s common stock, par value $0.01 0.001 per share, of the Company share (the “Company Common Stock”) that is held directly owned by the Company, Parent, Sub, or any direct or indirect wholly-owned subsidiary of the Company as treasury stock and each share of Company Common Stock that is owned by a Company Subsidiary, or Parent or Merger Sub immediately prior to the Effective Time will no longer be outstanding and will shall automatically be canceled and will shall cease to exist, and no consideration will shall be delivered in exchange therefor.