Conversion of Series A Preferred Stock. In addition to the consideration contemplated by Section 1.11(f), each share of Series A Preferred Stock issued and outstanding immediately prior to the Effective Time (other than a Dissenting Share) will be converted into and represent the right to receive a portion of the Total Final Merger Consideration Amount in cash and Buyer Stock with a value equal to the Series A Preference Amount in the combination of cash and Buyer Stock contemplated by Section 1.11(e) below.
Appears in 2 contracts
Sources: Agreement and Plan of Merger (Imation Corp), Agreement and Plan of Merger (Imation Corp)
Conversion of Series A Preferred Stock. In addition to the consideration contemplated by Section 1.11(f), each Each issued and outstanding share of Series A Preferred Stock issued and outstanding immediately prior to the Effective Time (other than a shares to be canceled in accordance with Section 3.1(b), if any, and the Dissenting ShareShares) will shall be converted into and represent the right to receive a portion of the Total Final Merger Consideration Amount in cash and Buyer Stock with a value equal to the Series A Preference Amount in Share Price (the combination of cash and Buyer Stock contemplated by Section 1.11(e) below“Series A Merger Consideration”).
Appears in 2 contracts
Sources: Merger Agreement, Merger Agreement (Verint Systems Inc)