Issue of Rights Certificates. (a) Until the Separation Date, (x) the Rights will be evidenced by the certificates for the Common Shares registered in the names of the holders of the Common Shares (which certificates for Common Shares shall be deemed also to be certificates for Rights) and not by separate certificates, and (y) the Rights will be transferable only in connection with the transfer of the underlying Common Shares (including a transfer to the Company). As soon as practicable after the Separation Date, the Rights Agent will send by first-class, insured, postage prepaid mail, to each record holder of the Common Shares as of the Close of Business on the Separation Date, at the address of such holder shown on the records of the Company, a Rights certificate, in substantially the form of Exhibit A hereto (the "Rights Certificates"), evidencing one Right for each Common Share so held. As of and after the Separation Date, the Rights will be evidenced solely by such Rights Certificates. (b) As promptly as practicable following the Record Date, the Company will send a copy of a Summary of Rights, in substantially the form attached hereto as Exhibit B (the "Summary of Rights"), by first-class, postage prepaid mail to each record holder of Common Shares as of the Close of Business on the Record Date, at the address of such holder shown on the records of the Company. (c) Certificates for the Common Shares issued (including reissuance of treasury shares) after the Record Date but prior to the earlier of the Separation Date or the Expiration Date (as hereinafter defined) shall be deemed also to be certificates for Rights (and Rights shall be issued in respect thereof), and shall bear the following legend: "This certificate also evidences and entitles the holder hereof to certain Rights as set forth in the Rights Agreement between Coachmen Industries, Inc. (the "Company") and First Chicago Trust Company of New York, dated as of January 5, 2000 and effective January 12, 2000 (the "Rights Agreement"), the terms of which are hereby incorporated herein by reference and a copy of which is on file at the principal offices of the Company. Under certain circumstances, as set forth in the Rights Agreement, such Rights will be evidenced by separate certificates and will no longer be evidenced by this certificate. The Company will mail to the holder of this certificate a copy of the Rights Agreement without charge promptly after receipt of a written request therefor. Under certain circumstances, Rights beneficially owned by Acquiring Persons or any Affiliates or Associates thereof (as defined in the Rights Agreement) and any subsequent holder of such Rights may become null and void." (d) Subject to Section 13(h), after the Separation Date but prior to the Expiration Date, Rights shall only be issued in connection with the issuance of Common Shares upon the exercise of stock options granted prior to the Separation Date or upon the exercise, conversion or exchange of securities issued by the Company prior to the Separation Date; provided, however, that if, pursuant to the terms of any option, or exercise, conversion or exchange of securities, the number of shares issuable thereunder is adjusted after the Separation Date, the number of Rights issuable upon issuance of the shares shall be equal only to the number of shares which would have been issuable prior to the adjustment.
Appears in 3 contracts
Sources: Rights Agreement (Coachmen Industries Inc), Rights Agreement (Coachmen Industries Inc), Rights Agreement (Coachmen Industries Inc)
Issue of Rights Certificates. (a) Until Prior to the Separation Distribution Date, (xi) the Rights will be evidenced (subject to the provisions of this Section 3(b)) by the certificates for the Common Shares Stock registered in the names of the holders of the Common Shares Stock (which certificates for Common Shares shall Stock will be deemed also to be certificates for Rights) and not by separate certificates, and (yii) the Rights will be transferable only in connection with the transfer of the underlying shares of Common Shares Stock (including a transfer to the Company). As soon as practicable after the Separation Distribution Date, the Rights Agent will send by first-class, insured, postage prepaid mail, to each record holder of the Common Shares Stock as of the Close of Business on the Separation Distribution Date, at the address of such holder shown on the records of the Company, a Rights certificateone or more rights certificates, in substantially the form of Exhibit A hereto (the "Rights Certificates"), evidencing one Right for each share of Common Share Stock so held, subject to adjustment as provided in this Agreement. In the event that an adjustment in the number of Rights per share of Common Stock has been made pursuant to Section 11(p), at the time of distribution of the Rights Certificates, the Company will make the necessary and appropriate rounding adjustments (in accordance with Section 14(a)) so that Rights Certificates representing only whole numbers of Rights are distributed and cash is paid in lieu of any fractional Rights. As of and after the Separation Distribution Date, the Rights will be evidenced solely by such Rights Certificates.
(b) As promptly soon as practicable following the Record Date, the Company will send a copy of a Summary of Rights, in substantially the form attached hereto as of Exhibit B (the "Summary of Rights")B, by first-class, postage prepaid mail mail, to each record holder of the Common Shares Stock as of the Close of Business on the Record Date, at the address of such holder shown on the records of the Company. With respect to certificates for the Common Stock outstanding as of the Record Date, until the Distribution Date, the Rights will be evidenced by such certificates for the Common Stock and the registered holders of the Common Stock will also be the registered holders of the associated Rights. Until the earlier of the Distribution Date or the Expiration Date (as defined in Section 7), the transfer of any certificates representing shares of Common Stock in respect of which Rights have been issued will also constitute the transfer of the Rights associated with such shares of Common Stock.
(c) Certificates for the Rights will be issued in respect of all shares of Common Shares Stock that are issued (including reissuance of treasury shareswhether originally issued or from the Company's treasury) after the Record Date but prior to the earlier of the Separation Distribution Date or the Expiration Date (as hereinafter defined) shall Date. Certificates representing such shares of Common Stock will also be deemed also to be certificates for Rights (and Rights shall be issued in respect thereof)Rights, and shall will bear the following legend: THIS CERTIFICATE ALSO EVIDENCES AND ENTITLES THE HOLDER TO CERTAIN RIGHTS AS SET FORTH IN THE RIGHTS AGREEMENT BETWEEN AMERICAN FREIGHTWAYS CORPORATION (THE "This certificate also evidences and entitles the holder hereof to certain Rights as set forth in the Rights Agreement between Coachmen Industries, Inc. (the "CompanyCOMPANY") and First Chicago Trust Company of New YorkAND WACHOVIA BANK, dated as of January 5N.A. (THE "RIGHTS AGENT") DATED AS OF AUGUST 26, 2000 and effective January 121998 (AS AMENDED FROM TIME TO TIME, 2000 (the THE "Rights AgreementRIGHTS AGREEMENT"), THE TERMS OF WHICH ARE HEREBY INCORPORATED IN THIS CERTIFICATE BY REFERENCE AND A COPY OF WHICH IS ON FILE AT THE PRINCIPAL OFFICES OF THE COMPANY. UNDER CERTAIN CIRCUMSTANCES, AS SET FORTH IN THE RIGHTS AGREEMENT, SUCH RIGHTS WILL BE EVIDENCED BY SEPARATE CERTIFICATES AND WILL NO LONGER BE EVIDENCED BY THIS CERTIFICATE. THE COMPANY WILL MAIL TO THE HOLDER OF THIS CERTIFICATE A COPY OF THE RIGHTS AGREEMENT, AS IN EFFECT ON THE DATE OF MAILING, WITHOUT CHARGE PROMPTLY AFTER RECEIPT OF A WRITTEN REQUEST. UNDER CERTAIN CIRCUMSTANCES SET FORTH IN THE RIGHTS AGREEMENT, RIGHTS BENEFICIALLY OWNED BY ANY PERSON WHO IS, WAS, OR BECOMES AN ACQUIRING PERSON OR ANY AFFILIATE OR ASSOCIATE OF AN ACQUIRING PERSON (AS SUCH TERMS ARE DEFINED IN THE RIGHTS AGREEMENT), WHETHER CURRENTLY HELD BY OR ON BEHALF OF SUCH PERSON OR BY ANY SUBSEQUENT HOLDER, MAY BECOME NULL AND VOID. With respect to the terms shares of which are hereby incorporated herein by reference and a copy Common Stock issued after the Record Date, until the earlier of which is on file at (i) the principal offices of Distribution Date or (ii) the Company. Under certain circumstancesExpiration Date, as set forth in the Rights Agreement, associated with the Common Stock represented by such Rights certificates will be evidenced by separate such certificates alone and registered holders of Common Stock will no longer also be evidenced by this certificate. The Company the registered holders of the associated Rights, and the transfer of any of such certificates will mail to also constitute the holder of this certificate a copy transfer of the Rights Agreement without charge promptly after receipt of a written request therefor. Under certain circumstances, Rights beneficially owned by Acquiring Persons or any Affiliates or Associates thereof (as defined in the Rights Agreement) and any subsequent holder of such Rights may become null and void."
(d) Subject to Section 13(h), after the Separation Date but prior to the Expiration Date, Rights shall only be issued in connection associated with the issuance of Common Shares upon the exercise of stock options granted prior to the Separation Date or upon the exercise, conversion or exchange of securities issued Stock represented by the Company prior to the Separation Date; provided, however, that if, pursuant to the terms of any option, or exercise, conversion or exchange of securities, the number of shares issuable thereunder is adjusted after the Separation Date, the number of Rights issuable upon issuance of the shares shall be equal only to the number of shares which would have been issuable prior to the adjustmentsuch certificates.
Appears in 3 contracts
Sources: Rights Agreement (American Freightways Corp), Rights Agreement (American Freightways Corp), Rights Agreement (American Freightways Corp)
Issue of Rights Certificates. (a) Until the Separation Distribution Date, (x) the Rights will be evidenced (subject to the provisions of paragraph (b) of this Section 3) by the certificates for the Common Shares Stock registered in the names of the holders of the Common Shares thereof (which certificates for Common Shares Stock shall be deemed also to be certificates for Rights) and not by separate certificates, and (y) the Rights will be transferable only in connection with the transfer of the underlying shares of Common Shares Stock (including a transfer to the Company). As soon as practicable after the Separation Distribution Date, the Rights Agent will send by first-class, insured, postage prepaid mail, to each record holder of the Common Shares Stock as of the Close of Business on the Separation Distribution Date, at the address of such holder shown on the records of the Company, a Rights certificateone or more right certificates, in substantially the form of Exhibit A B hereto (the "Rights CertificatesRIGHTS CERTIFICATES"), evidencing one Right for each share of Common Share Stock so held, subject to adjustment as provided herein. In the event that an adjustment in the number of Rights per share of Common Stock has been made pursuant to Section 11(p) hereof, at the time of distribution of the Rights Certificates, the Company shall make the necessary and appropriate rounding adjustments (in accordance with Section 14(a) hereof) so that Rights Certificates representing only whole numbers of Rights are distributed and cash is paid in lieu of any fractional Rights. As of and after the Separation Distribution Date, the Rights will be evidenced solely by such Rights Certificates.
(b) As The Company will make available, as promptly as practicable following the Record Date, the Company will send a copy of a Summary of Rights, in substantially the form attached hereto as Exhibit B C (the "Summary of RightsSUMMARY OF RIGHTS"), by first-class, postage prepaid mail to each record any holder of Rights who may so request from time to time prior to the Expiration Date (as such term is defined in Section 7(a) hereof). With respect to certificates for the Common Shares Stock outstanding as of the Close of Business on the Record Date, at until the address of Distribution Date, the Rights will be evidenced by such holder shown on certificates for the records Common Stock and the registered holders of the CompanyCommon Stock shall also be the registered holders of the associated Rights. Until the earlier of the Distribution Date or the Expiration Date (as such term is defined in Section 7(a) hereof), the transfer of any certificates representing shares of Common Stock in respect of which Rights have been issued shall also constitute the transfer of the Rights associated with such shares of Common Stock.
(c) Certificates for the Rights shall be issued in respect of all shares of Common Shares Stock which are issued (including reissuance of treasury shareswhether originally issued or from the Company's treasury) after the Record Date but prior to the earlier of the Separation Distribution Date or the Expiration Date. Rights shall also be issued to the extent provided in Section 22 in respect of all shares of Common Stock which are issued (whether originally issued or from the Company's treasury) after the Distribution Date and prior to the Expiration Date. Certificates for shares of Common Stock which become outstanding after the Record Date but prior to the earlier of the Distribution Date or the Expiration Date (as hereinafter defined) shall also be deemed also to be certificates for Rights (and Rights shall be issued in respect thereof)Rights, and shall bear the following legend: "This certificate also evidences and entitles the holder hereof to certain Rights as set forth in the Renewed Rights Agreement between Coachmen IndustriesBentley Pharmaceuticals, Inc. (the "CompanyCOMPANY") and First Chicago American Stock Transfer and Trust Company of New York, (the "RIGHTS AGENT") dated as of January 5December 21, 2000 and effective January 12, 2000 2004 (the "Rights Agreement"), the terms of which are hereby incorporated herein by reference and a copy of which is on file at the principal offices of the Company. Under certain circumstances, as set forth in the Rights Agreement, such Rights will be evidenced by separate certificates and will no longer be evidenced by this certificate. The Company will mail to the holder of this certificate a copy of the Rights Agreement without charge promptly after receipt of a written request therefor. Under certain circumstances, Rights beneficially owned by Acquiring Persons or any Affiliates or Associates thereof (as defined in the Rights Agreement) and any subsequent holder of such Rights may become null and void."
(d) Subject to Section 13(h), after the Separation Date but prior to the Expiration Date, Rights shall only be issued in connection with the issuance of Common Shares upon the exercise of stock options granted prior to the Separation Date or upon the exercise, conversion or exchange of securities issued by the Company prior to the Separation Date; provided, however, that if, pursuant to the terms of any option, or exercise, conversion or exchange of securities, the number of shares issuable thereunder is adjusted after the Separation Date, the number of Rights issuable upon issuance of the shares shall be equal only to the number of shares which would have been issuable prior to the adjustment.RENEWED RIGHTS
Appears in 3 contracts
Sources: Renewed Rights Agreement (Bentley Pharmaceuticals Inc), Renewed Rights Agreement (Bentley Pharmaceuticals Inc), Renewed Rights Agreement (Bentley Pharmaceuticals Inc)
Issue of Rights Certificates. (a) Until the Separation earlier of Distribution Date or the Expiration Date, (xi) the Rights will be evidenced (subject to the provisions of Section 3(b)) by the certificates for the Common Shares Stock registered in the names of the holders of the Common Shares Stock (which certificates for Common Shares Stock shall be deemed also to be certificates for Rights) and not by separate certificates, and (yii) the registered holders of Common Stock shall also be the registered holders of the associated Rights, (iii) the Rights will be transferable only in connection with the transfer of the underlying shares of Common Shares Stock (including a transfer to the Company). As soon as practicable after ) and (iv) the Separation Date, transfer of any such certificate shall also constitute the transfer of the Rights Agent will send by first-class, insured, postage prepaid mail, to each record holder of associated with the Common Shares as of the Close of Business on the Separation Date, at the address of such holder shown on the records of the Company, a Rights certificate, in substantially the form of Exhibit A hereto (the "Rights Certificates"), evidencing one Right for each Common Share so held. As of and after the Separation Date, the Rights will be evidenced solely Stock represented by such Rights Certificatescertificate.
(b) As promptly as practicable following On the Record Date, or as soon as practicable thereafter, the Company will send a copy of a Summary of Rights, in substantially the form attached hereto as Exhibit B C (the "Summary of Rights"), by first-class, postage prepaid mail mail, to each record holder of the Common Shares Stock as of the Close close of Business business on the Record Date, at the address of such holder shown on the records of the Company. With respect to certificates for the Common Stock outstanding as of the Record Date, until the earlier of the Distribution Date or the Expiration Date, the Rights will be evidenced by such certificates together with a copy of the Summary of Rights, and the registered holders of the shares of Common Stock represented by the certificates shall also be the registered holders of the Rights. Until the earlier of the Distribution Date or the Expiration Date, the surrender for transfer of any such certificate, with or without a copy of the Summary of Rights attached thereto, shall also constitute the transfer of the Rights associated with the Common Stock represented by such certificate, and any certificate newly issued pursuant to such transfer shall bear the legend set forth in Section 3(d) hereof.
(c) Certificates for the Rights shall be issued in respect of all shares of Common Shares Stock which are issued (including reissuance of whether originally issued or transferred from the Company's treasury sharesto any other Person) after the Record Date but prior to the earlier of the Separation Distribution Date or the Expiration Date, or, in certain circumstances provided in Section 22 hereof, after the Distribution Date, except with respect to dividends on the outstanding shares of Common Stock payable in shares of Common Stock as provided in Section 11(p) hereof. Certificates representing such shares of Common Stock with respect to which Rights are issued on or after the Record Date and prior to the earlier of the Distribution Date or Expiration Date shall also be deemed to be certificates for Rights, and shall bear the legend set forth in Section 3(d).
(d) Certificates for shares of Common Stock which are issued after the Record Date and prior to the earlier of the Distribution Date or the Expiration Date (as hereinafter defined) shall be deemed also to be certificates for Rights (and Rights shall be issued in respect thereof), and shall bear the following legend: "This certificate also evidences and entitles the holder hereof to certain Rights as set forth in the Rights Agreement (the "Rights Agreement"), between Coachmen IndustriesTransFinancial Holdings, Inc. (the "Company") and First Chicago Trust Company of New YorkUMB Bank, dated as of January 5, 2000 and effective January 12, 2000 N.A. (the "Rights AgreementAgent"), the terms of which are hereby incorporated herein by reference and a copy of which is on file at the principal offices of the CompanyRights Agent. Under certain circumstances, as set forth in the Rights Agreement, such Rights will be evidenced by separate certificates and will no longer be evidenced by this certificate. The Company will mail to the holder of this certificate a copy of the Rights Agreement Agreement, as in effect on the date of mailing, without charge charge, promptly after receipt of a written request therefor. Under certain circumstancescircumstances set forth in the Rights Agreement, Rights beneficially owned by issued to, or held by, any Person who is, was or becomes an Acquiring Persons Person or any Affiliates Affiliate or Associates Associate thereof (as such terms are defined in the Rights Agreement) and ), whether currently held by or on behalf of such Person or by any subsequent holder of such Rights holder, may become null and void. Notwithstanding this paragraph (d), the omission of a legend shall not affect the enforceability of any part of this Rights Agreement or the rights of any holder of the Rights."
(de) Subject to Section 13(h), In the event that the Company purchases or otherwise acquires any shares of Common Stock after the Separation Record Date but prior to the Expiration Distribution Date, any Rights associated with such shares of Common Stock shall only be issued in connection deemed canceled and retired so that the Company shall not be entitled to exercise any Rights associated with the issuance shares of Common Shares upon Stock which are no longer outstanding.
(f) As soon as practicable after the exercise of stock options granted prior to the Separation Date or upon the exerciseDistribution Date, conversion or exchange of securities issued by the Company prior shall prepare and execute and the Rights Agent will countersign and send by first-class, insured, postage prepaid mail, to each record holder of the Separation Date; provided, however, that if, pursuant to Common Stock as of the terms close of any option, or exercise, conversion or exchange of securities, business on the number of shares issuable thereunder is adjusted after the Separation Distribution Date, at the address of such holder shown on the records of the Company, one or more Rights Certificates, evidencing one Right for each share of Common Stock so held, subject to adjustment as provided herein. In the event that an adjustment in the number of Rights issuable upon issuance per share of Common Stock has been made pursuant to Section 11(p) hereof, at the time of distribution of the shares shall Rights Certificates, the Company may make appropriate rounding adjustments (in accordance with Section 14(a) hereof) so that Rights Certificates representing only whole numbers of Rights are distributed and cash is paid in lieu of any fractional Rights. As of and after the Distribution Date, the Rights will be equal only to the number of shares which would have been issuable prior to the adjustmentevidenced solely by such Rights Certificates.
Appears in 3 contracts
Sources: Rights Agreement (Transfinancial Holdings Inc), Rights Agreement (Transfinancial Holdings Inc), Rights Agreement (Transfinancial Holdings Inc)
Issue of Rights Certificates. (a) Until the Separation Distribution Date, (xi) the Rights will be evidenced (subject to the provisions of Section 3(b) hereof) by the certificates for the representing shares of Common Shares Stock registered in the names of the holders of the Common Shares Stock (which certificates for Common Shares shall be deemed also to be certificates for the associated Rights) and not by separate rights certificates, and (yii) the Rights will be transferable only in connection with the transfer of the underlying associated shares of Common Shares (including a transfer to the Company)Stock. As soon as practicable after the Separation Distribution Date, the Rights Agent will send by first-class, insured, postage prepaid mail, to each record holder of the Common Shares Stock as of the Close of Business on the Separation Distribution Date, at the address of such holder shown on the stock transfer records of the Company, a Rights certificateone or more rights certificates, in substantially the form of Exhibit A B hereto (the "Rights Certificates"), evidencing one Right for each Common Share so heldin the aggregate that number of Rights to which such holder is entitled in accordance with the provisions of this Agreement. As of and after the Separation Distribution Date, the Rights will be evidenced solely by such Rights Certificates. The Rights are exercisable only in accordance with the provisions of Section 7 hereof and are redeemable only in accordance with Section 23 hereof.
(b) As promptly soon as practicable following after the Dividend Record Date, the Company will send cause a copy of a Summary of Rights, in substantially the form attached hereto as Exhibit B C (the "Summary of Rights"), to be sent by first-class, postage prepaid mail mail, to each record holder of the Common Shares Stock as of the Close of Business on the Dividend Record Date, at the address of such holder shown on the stock transfer records of the Company. With respect to certificates for the Common Stock outstanding as of the Dividend Record Date, until the Distribution Date, the Rights associated with the shares of Common Stock represented by such certificates will be evidenced by such certificates for the Common Stock and the registered holders of the Common Stock shall also be the registered holders of the associated Rights. Until the Distribution Date (or the earlier redemption, expiration or termination of the Rights), the surrender for transfer of any of the certificates representing shares of the Common Stock outstanding on the Dividend Record Date, with or without a copy of the Summary of Rights, shall also constitute the transfer of the Rights associated with the Common Stock represented by such certificate.
(c) Certificates for the Rights shall be issued in respect of all shares of Common Shares Stock issued (including reissuance of treasury shareswhether originally issued or delivered from the Company's treasury) after the Dividend Record Date but prior to the earlier earliest of (i) the Distribution Date, (ii) the Expiration Date, or (iii) the redemption of the Separation Date Rights. Certificates representing such shares of Common Stock and certificates issued on transfer of such shares of Common Stock, with or without a copy of the Expiration Summary of Rights, prior to the Distribution Date (as hereinafter definedor earlier expiration or redemption of the Rights) shall be deemed also to be certificates for Rights (and Rights shall be issued in respect thereof)the associated Rights, and commencing as soon as reasonably practicable following the Dividend Record Date shall bear the following legend: "legend (or a legend substantially in the form thereof): This certificate also evidences and entitles the holder hereof to certain Rights as set forth in the a Rights Agreement between Coachmen Industriesthe issuer and Bank of Boston, Inc. as Rights Agent (the "CompanyRights Agent") and First Chicago Trust Company of New York), dated as of January 5December 7, 2000 and effective January 12, 2000 1995 (the "Rights Agreement"), the terms of which are hereby incorporated herein by reference and a copy of which is on file at the principal offices of both the Companyissuer and the Rights Agent. The Rights Agent will mail to the registered holder of this certificate a copy of the Rights Agreement, as in effect on the date of mailing, without charge upon written request. Under certain circumstances, as circumstances set forth in the Rights Agreement, such Rights will be evidenced by separate certificates and will no longer be evidenced by this certificate. The Company will mail to the holder of this certificate a copy of Under certain circumstances set forth in the Rights Agreement without charge promptly after receipt of a written request therefor. Under certain circumstancesAgreement, Rights beneficially owned issued to, or held by any Person who is, was or becomes, or acquires shares from, an Acquiring Persons Person or any Affiliates or Associates thereof Affiliate of an Acquiring Person (as each such term is defined in the Rights Agreement) Agreement and any subsequent holder generally relating to the ownership or purchase of large shareholdings), whether currently held by or on behalf of such Rights Person or Affiliate or by certain subsequent holders, may become null and void."
(d) Subject to Section 13(h). Until the Distribution Date or the earlier redemption, after expiration or termination of the Separation Date but prior to Rights, the Expiration Date, Rights shall only be issued in connection associated with the issuance Common Stock shall be evidenced by the Common Stock certificates alone and the registered holders of Common Shares upon Stock shall also be the exercise registered holders of stock options granted prior to the Separation Date or upon associated Rights, and the exercise, conversion or exchange of securities issued by the Company prior to the Separation Date; provided, however, that if, pursuant to the terms surrender for transfer of any option, or exercise, conversion or exchange of securities, such certificates shall also constitute the number of shares issuable thereunder is adjusted after the Separation Date, the number of Rights issuable upon issuance transfer of the shares shall be equal only to Rights associated with the number of shares which would have been issuable prior to the adjustmentCommon Stock represented by such certificate.
Appears in 2 contracts
Sources: Rights Agreement (Oak Industries Inc), Rights Agreement (Oak Industries Inc)
Issue of Rights Certificates. (a) Until the Separation Date, (x) the Rights will be evidenced by the certificates for the Common Shares registered in the names of the holders of the Common Shares (which certificates for Common Shares shall be deemed also to be certificates for Rights) and not by separate certificates, and (y) the Rights will be transferable only in connection with the transfer of the underlying Common Shares (including a transfer to the Company). As soon as practicable after the Separation Date, the Rights Agent will send by first-class, insured, postage prepaid mail, to each record holder of the Common Shares as of the Close of Business on the Separation Date, at the address of such holder shown on the records of the Company, a Rights certificate, in substantially the form of Exhibit A hereto (the "Rights Certificates"), evidencing one Right for each Common Share so held. As of and after the Separation Date, the Rights will be evidenced solely by such Rights Certificates.
(b) As promptly as practicable following the Record Date, the Company will send shall make available a copy of a Summary of RightsRights to Purchase Preferred Stock, in substantially the form attached hereto as Exhibit B (the "“Summary of Rights"”), by first-class, postage prepaid mail to each record holder of Common Shares Stock who may so request from time to time prior to the Expiration Date. With respect to certificates for shares of Common Stock outstanding as of the Close of Business on the Record Date, at until the address of Distribution Date, the Rights shall be evidenced by such holder shown on certificates for the records Common Stock and the registered holders of the CompanyCommon Stock shall also be the registered holders of the associated Rights. Until the Distribution Date (or the earlier Expiration Date or Final Expiration Date), the transfer of any certificate representing shares of Common Stock in respect of which Rights have been issued shall also constitute the transfer of the Rights associated with the shares of Common Stock represented thereby.
(cb) Certificates for the Rights shall be issued in respect of all shares of Common Shares Stock issued (including reissuance of treasury shareswhether originally issued or from the Company’s treasury) after the Record Date but prior to the earlier earliest of the Separation Distribution Date, the Redemption Date and the Final Expiration Date; provided, however, Rights shall also be issued to the extent provided in Section 22 hereof in respect of all shares of Common Stock which are issued (whether originally issued or from the Company’s treasury) after the Distribution Date and prior to the Expiration Date (as hereinafter defined) Date. Certificates representing such shares of Common Stock shall also be deemed also to be certificates for Rights (and Rights shall be issued in respect thereof)Rights, and shall bear the following legend: "legend (in addition to any other legends that may be required): This certificate also evidences and entitles the holder hereof to certain Rights as set forth in the a Rights Agreement between Coachmen Industries, Inc. Wabash National Corporation (the "“Company"”) and First Chicago Trust Company of New York, National City Bank (the “Rights Agent”) dated as of January 5December 28, 2000 and effective January 122005, 2000 as the same may be amended from time to time (the "“Rights Agreement"”), the terms of which are hereby incorporated herein by reference and a copy of which is on file at the principal executive offices of the Company. Under certain circumstances, as set forth in the Rights Agreement, such Rights will shall be evidenced by separate certificates and will shall no longer be evidenced by this certificate. The Company will shall mail to the holder of this certificate a copy of the Rights Agreement as in effect on the date of mailing without charge promptly after receipt of a written request therefor. Under certain circumstancescircumstances set forth in the Rights Agreement, Rights beneficially owned by issued to, or held by, any Person who is, was or becomes an Acquiring Persons Person or any Affiliates Affiliate or Associates Associate thereof (as such terms are defined in the Rights Agreement) and ), whether currently held by or on behalf of such Person or by any subsequent holder of such Rights may holder, become null and void. With respect to such certificates containing the foregoing legend, until the earlier of (i) the Distribution Date or (ii) the Expiration Date, the Rights associated with the Common Stock represented by such certificates shall be evidenced by such certificates alone and registered holders of Common Stock shall also be the registered holders of the associated Rights, and the transfer of any such certificate shall also constitute the transfer of the Rights associated with the Common Stock represented thereby. Notwithstanding this paragraph (b), the omission of the foregoing legend shall not affect the enforceability of any part of this Agreement or the rights of any holder of the Rights."
(c) Until the Distribution Date, (i) the Rights shall be evidenced (subject to the provisions of paragraph (a) of this Section 3) by the certificates for Common Stock registered in the names of the holders thereof (which certificates for Common Stock shall also be deemed to be Rights Certificates) and not by separate Rights Certificates, and (ii) the Rights shall be transferable only in connection with the transfer of the underlying shares of Common Stock (including a transfer to the Company).
(d) Subject As soon as practicable after the Distribution Date, the Company shall prepare and execute, the Rights Agent shall countersign and the Company shall send or cause to Section 13(hbe sent (and the Rights Agent shall, if requested, send) by first-class, insured, postage-prepaid mail, to each record holder of Common Stock as of the Close of Business on the Distribution Date, at the address of such holder shown on the records of the Company, a rights certificate, in substantially the form of Exhibit C hereto (the “Rights Certificate”), after the Separation Date but prior to the Expiration Date, Rights shall only be issued in connection with the issuance evidencing one Right for each share of Common Shares upon Stock so held, subject to adjustment as provided herein. In the exercise of stock options granted prior to the Separation Date or upon the exercise, conversion or exchange of securities issued by the Company prior to the Separation Date; provided, however, event that if, pursuant to the terms of any option, or exercise, conversion or exchange of securities, the number of shares issuable thereunder is adjusted after the Separation Date, an adjustment in the number of Rights issuable upon issuance per share of Common Stock has been made pursuant to Section 11 hereof, at the time of distribution of the shares Rights Certificates, the Company shall make necessary and appropriate rounding adjustments (in accordance with Section 14(a) hereof) so that Rights Certificates representing only whole numbers of Rights are distributed and cash is paid in lieu of any fractional Rights. As of and after the Distribution Date, the Rights shall be equal only to the number of shares which would have been issuable prior to the adjustmentevidenced solely by such Rights Certificates.
Appears in 2 contracts
Sources: Rights Agreement (Wabash National Corp /De), Rights Agreement (Wabash National Corp /De)
Issue of Rights Certificates. (a) Until Prior to the Separation Distribution Date, (xi) the Rights will be evidenced (subject to the provisions of this SECTION 3(B)) by the certificates for the Common Shares Stock registered in the names of the holders of the Common Shares Stock (which certificates for Common Shares shall Stock will be deemed also to be certificates for Rights) and not by separate certificates, and (yii) the Rights will be transferable only in connection with the transfer of the underlying shares of Common Shares Stock (including a transfer to the Company). As soon as practicable after the Separation Distribution Date, the Rights Agent will send by first-class, insured, postage prepaid mail, to each record holder of the Common Shares Stock as of the Close of Business on the Separation Distribution Date, at the address of such holder shown on the records of the Company, a Rights certificateone or more rights certificates, in substantially the form of Exhibit EXHIBIT A hereto (the "Rights Certificates"), evidencing one Right for each share of Common Share Stock so held, subject to adjustment as provided in this Agreement. In the event that an adjustment in the number of Rights per share of Common Stock has been made pursuant to SECTION 11(P), at the time of distribution of the Rights Certificates, the Company will make the necessary and appropriate rounding adjustments (in accordance with SECTION 14(A)) so that Rights Certificates representing only whole numbers of Rights are distributed and cash is paid in lieu of any fractional Rights. As of and after the Separation Distribution Date, the Rights will be evidenced solely by such Rights Certificates.
(b) As promptly soon as practicable following the Record Date, the Company will send a copy of a Summary of Rights, in substantially the form attached hereto as Exhibit B (the "Summary of Rights")EXHIBIT B, by first-class, postage prepaid mail mail, to each record holder of the Common Shares Stock as of the Close of Business on the Record Date, at the address of such holder shown on the records of the Company. With respect to certificates for the Common Stock outstanding as of the Record Date, until the Distribution Date, the Rights will be evidenced by such certificates for the Common Stock and the registered holders of the Common Stock will also be the registered holders of the associated Rights. Until the earlier of the Distribution Date or the Expiration Date (as defined in SECTION 7), the transfer of any certificates representing shares of Common Stock in respect of which Rights have been issued will also constitute the transfer of the Rights associated with such shares of Common Stock.
(c) Certificates for the Rights will be issued in respect of all shares of Common Shares Stock that are issued (including reissuance of treasury shareswhether originally issued or from the Company's treasury) after the Record Date but prior to the earlier of the Separation Distribution Date or the Expiration Date (as hereinafter defined) shall Date. Certificates representing such shares of Common Stock will also be deemed also to be certificates for Rights (and Rights shall be issued in respect thereof)Rights, and shall will bear the following legend: THIS CERTIFICATE ALSO EVIDENCES AND ENTITLES THE HOLDER TO CERTAIN RIGHTS AS SET FORTH IN THE RIGHTS AGREEMENT BETWEEN TANDYCRAFTS, INC. (THE "This certificate also evidences and entitles the holder hereof to certain Rights as set forth in the Rights Agreement between Coachmen Industries, Inc. (the "CompanyCOMPANY") and First Chicago Trust Company of New YorkAND CHASEMELLON SHAREHOLDER SERVICES, dated as of January 5L.L.C. (THE "RIGHTS AGENT") DATED AS OF MAY 19, 2000 and effective January 121997 (AS AMENDED FROM TIME TO TIME, 2000 (the THE "Rights AgreementRIGHTS AGREEMENT"), THE TERMS OF WHICH ARE HEREBY INCORPORATED IN THIS CERTIFICATE BY REFERENCE AND A COPY OF WHICH IS ON FILE AT THE PRINCIPAL OFFICES OF THE COMPANY. UNDER CERTAIN CIRCUMSTANCES, AS SET FORTH IN THE RIGHTS AGREEMENT, SUCH RIGHTS WILL BE EVIDENCED BY SEPARATE CERTIFICATES AND WILL NO LONGER BE EVIDENCED BY THIS CERTIFICATE. THE COMPANY WILL MAIL TO THE HOLDER OF THIS CERTIFICATE A COPY OF THE RIGHTS AGREEMENT, AS IN EFFECT ON THE DATE OF MAILING, WITHOUT CHARGE PROMPTLY AFTER RECEIPT OF A WRITTEN REQUEST. UNDER CERTAIN CIRCUMSTANCES SET FORTH IN THE RIGHTS AGREEMENT, RIGHTS BENEFICIALLY OWNED BY ANY PERSON WHO IS, WAS, OR BECOMES AN ACQUIRING PERSON OR ANY AFFILIATE OR ASSOCIATE OF AN ACQUIRING PERSON (AS SUCH TERMS ARE DEFINED IN THE RIGHTS AGREEMENT), WHETHER CURRENTLY HELD BY OR ON BEHALF OF SUCH PERSON OR BY ANY SUBSEQUENT HOLDER, MAY BECOME NULL AND VOID. With respect to the terms shares of which are hereby incorporated herein by reference and a copy Common Stock issued after the Record Date, until the earlier of which is on file at (i) the principal offices of Distribution Date or (ii) the Company. Under certain circumstancesExpiration Date, as set forth in the Rights Agreement, associated with the Common Stock represented by such Rights certificates will be evidenced by separate such certificates alone and registered holders of Common Stock will no longer also be evidenced by this certificate. The Company the registered holders of the associated Rights, and the transfer of any of such certificates will mail to also constitute the holder of this certificate a copy transfer of the Rights Agreement without charge promptly after receipt of a written request therefor. Under certain circumstances, Rights beneficially owned by Acquiring Persons or any Affiliates or Associates thereof (as defined in the Rights Agreement) and any subsequent holder of such Rights may become null and void."
(d) Subject to Section 13(h), after the Separation Date but prior to the Expiration Date, Rights shall only be issued in connection associated with the issuance of Common Shares upon the exercise of stock options granted prior to the Separation Date or upon the exercise, conversion or exchange of securities issued Stock represented by the Company prior to the Separation Date; provided, however, that if, pursuant to the terms of any option, or exercise, conversion or exchange of securities, the number of shares issuable thereunder is adjusted after the Separation Date, the number of Rights issuable upon issuance of the shares shall be equal only to the number of shares which would have been issuable prior to the adjustmentsuch certificates.
Appears in 2 contracts
Sources: Rights Agreement (Tandycrafts Inc), Rights Agreement (Tandycrafts Inc)
Issue of Rights Certificates. (a) Until the Separation Distribution Date, (xi) the Rights will be evidenced (subject to the provisions of Section 3(b) hereof) by the certificates for the representing shares of Common Shares Stock registered in the names of the holders of the Common Shares Stock (which certificates for Common Shares shall be deemed also to be certificates for the associated Rights) and not by separate rights certificates, and (yii) the Rights will be transferable only in connection with the transfer of the underlying associated shares of Common Shares (including a transfer to the Company)Stock. As soon as practicable after the Separation Distribution Date, the Rights Agent will send by first-class, insured, postage prepaid mail, to each record holder of the Common Shares Stock as of the Close of Business on the Separation Distribution Date, at the address of such holder shown on the stock transfer records of the Company, a Rights certificateone or more rights certificates, in substantially the form of Exhibit A B hereto (the "Rights Certificates"), evidencing one Right for each Common Share so heldin the aggregate that number of Rights to which such holder is entitled in accordance with the provisions of this Agreement. As of and after the Separation Distribution Date, the Rights will be evidenced solely by such Rights Certificates. The Rights are exercisable only in accordance with the provisions of Section 7 hereof and are redeemable only in accordance with Section 23 hereof.
(b) As promptly soon as practicable following after the Dividend Record Date, the Company will send cause a copy of a Summary of Rights, in substantially the form attached hereto as Exhibit B C (the "Summary of Rights"), to be sent by first-class, postage prepaid mail mail, to each record holder of the Common Shares Stock as of the Close of Business on the Dividend Record Date, at the address of such holder shown on the stock transfer records of the Company. With respect to certificates for the Common Stock outstanding as of the Dividend Record Date, until the Distribution Date, the Rights associated with the shares of Common Stock represented by such certificates will be evidenced by such certificates for the Common Stock and the registered holders of the Common Stock shall also be the registered holders of the associated Rights. Until the Distribution Date (or the earlier redemption, expiration or termination of the Rights), the surrender for transfer of any of the certificates representing shares of the Common Stock outstanding on the Dividend Record Date, with or without a copy of the Summary of Rights, shall also constitute the transfer of the Rights associated with the Common Stock represented by such certificate.
(c) Certificates for the Rights shall be issued in respect of all shares of Common Shares Stock issued (including reissuance of treasury shareswhether originally issued or delivered from the Company's treasury) after the Dividend Record Date but prior to the earlier earliest of (i) the Distribution Date, (ii) the Expiration Date, or (iii) the redemption of the Separation Date Rights. Certificates representing such shares of Common Stock and certificates issued on transfer of such shares of Common Stock, with or without a copy of the Expiration Summary of Rights, prior to the Distribution Date (as hereinafter definedor earlier expiration or redemption of the Rights) shall be deemed also to be certificates for Rights (and Rights shall be issued in respect thereof)the associated Rights, and commencing as soon as reasonably practicable following the Dividend Record Date shall bear the following legend: "legend (or a legend substantially in the form thereof): This certificate also evidences and entitles the holder hereof to certain Rights as set forth in the a Rights Agreement between Coachmen Industriesthe issuer and American Stock Transfer & Trust Company, Inc. as Rights Agent (the "CompanyRights Agent") and First Chicago Trust Company of New York), dated as of January 5August 13, 2000 and effective January 12, 2000 1999 (the "Rights Agreement"), the terms of which are hereby incorporated herein by reference and a copy of which is on file at the principal offices of both the Companyissuer and the Rights Agent. The Rights Agent will mail to the registered holder of this certificate a copy of the Rights Agreement, as in effect on the date of mailing, without charge upon written request. Under certain circumstances, as circumstances set forth in the Rights Agreement, such Rights will be evidenced by separate certificates and will no longer be evidenced by this certificate. The Company will mail to the holder of this certificate a copy of Under certain circumstances set forth in the Rights Agreement without charge promptly after receipt of a written request therefor. Under certain circumstancesAgreement, Rights beneficially owned issued to, or held by any Person who is, was or becomes, or acquires shares from, an Acquiring Persons Person or any Affiliates or Associates thereof Affiliate of an Acquiring Person (as each such term is defined in the Rights Agreement) Agreement and any subsequent holder generally relating to the ownership or purchase of large shareholdings), whether currently held by or on behalf of such Rights Person or Affiliate or by certain subsequent holders, may become null and void."
(d) Subject to Section 13(h). Until the Distribution Date or the earlier redemption, after expiration or termination of the Separation Date but prior to Rights, the Expiration Date, Rights shall only be issued in connection associated with the issuance Common Stock shall be evidenced by the Common Stock certificates alone and the registered holders of Common Shares upon Stock shall also be the exercise registered holders of stock options granted prior to the Separation Date or upon associated Rights, and the exercise, conversion or exchange of securities issued by the Company prior to the Separation Date; provided, however, that if, pursuant to the terms surrender for transfer of any option, or exercise, conversion or exchange of securities, such certificates shall also constitute the number of shares issuable thereunder is adjusted after the Separation Date, the number of Rights issuable upon issuance transfer of the shares shall be equal only to Rights associated with the number of shares which would have been issuable prior to the adjustmentCommon Stock represented by such certificate.
Appears in 2 contracts
Sources: Rights Agreement (Macrochem Corp), Rights Agreement (Macrochem Corp)
Issue of Rights Certificates. (a) Until the Separation Date, (x) the Rights will be evidenced by the certificates for the Common Shares registered in the names of the holders of the Common Shares (which certificates for Common Shares shall be deemed also to be certificates for Rights) and not by separate certificates, and (y) the Rights will be transferable only in connection with the transfer of the underlying Common Shares (including a transfer to the Company). As soon as practicable after the Separation Date, the Rights Agent will send by first-class, insured, postage prepaid mail, to each record holder of the Common Shares as of the Close of Business on the Separation Date, at the address of such holder shown on the records of the Company, a Rights certificate, in substantially the form of Exhibit A hereto (the "Rights Certificates"), evidencing one Right for each Common Share so held. As of and after the Separation Date, the Rights will be evidenced solely by such Rights Certificates.
(b) As promptly as practicable following the Record Date, the Company will send or deliver a copy of a Summary of RightsRights to Purchase Preferred Stock, in substantially the form attached hereto as Exhibit B (the "Summary of Rights"), by first-class, postage prepaid mail to each record holder of shares of Common Shares Stock as of the Close of Business on the Record Date, Date at the address of such holder shown on the records of the Company. With respect to certificates for shares of Common Stock outstanding as of the Record Date, until the Distribution Date, the Rights will be evidenced by such certificates for the shares of Common Stock and the registered holders of the shares of Common Stock shall also be the registered holders of the associated Rights. Until the Distribution Date (or the earlier Expiration Date), the transfer of any certificate representing shares of Common Stock in respect of which Rights have been issued shall also constitute the transfer of the Rights associated with the shares of Common Stock represented thereby.
(cb) Certificates for the Rights shall be issued in respect of all shares of Common Shares Stock issued (including reissuance whether originally issued or from the Company's treasury and including, without limitation, shares of treasury sharesCommon Stock issued upon exchange of common units of the Operating Partnership) after the Record Date but prior to the earlier of the Separation Distribution Date or the Expiration Date. Rights shall also be issued to the extent provided in Section 22 in respect of all shares of Common Stock which are issued (whether originally issued or from the Company's treasury) after the Distribution Date (as hereinafter defined) and prior to the Expiration Date. Certificates representing such shares of Common Stock shall also be deemed also to be certificates for Rights (and Rights shall be issued in respect thereof)Rights, and shall bear the following legend: "legend (in addition to any other legends that may be required): This certificate also evidences and entitles the holder hereof to certain Rights as set forth in the a Rights Agreement between Coachmen IndustriesCBL & Associates Properties, Inc. (the "Company") and First Chicago Trust Company of New YorkBankBoston, N.A. (the "Rights Agent") dated as of January 5April 30, 2000 and effective January 12, 2000 1999 (the "Rights Agreement"), the terms of which are hereby incorporated herein by reference and a copy of which is on file at the principal executive offices of the Company. Under certain circumstances, as set forth in the Rights Agreement, such Rights will be evidenced by separate certificates and will no longer be evidenced by this certificate. The Company will mail to the holder of this certificate a copy of the Rights Agreement as in effect on the date of mailing without charge promptly after receipt of a written request therefor. Under certain circumstancescircumstances set forth in the Rights Agreement, Rights beneficially owned by issued to, or held by, any Person who is, was or becomes an Acquiring Persons Person or any Affiliates Affiliate or Associates Associate thereof (as such terms are defined in the Rights Agreement) and ), whether currently held by or on behalf of such Person or by any subsequent holder of such Rights holder, may become null and void. The Rights shall not be exercisable, and shall be void so long as held, by a holder in any jurisdiction where the requisite qualification of the issuance to such holder, or the exercise by such holder, of the Rights in such jurisdiction shall not have been obtained or be obtainable. With respect to such certificates containing the foregoing legend, until the earlier of (i) the Distribution Date or (ii) the Expiration Date, the Rights associated with the shares of Common Stock represented by such certificates shall be evidenced by such certificates alone and registered holders of shares of Common Stock shall also be the registered holders of the associated Rights, and the transfer of any such certificate shall also constitute the transfer of the Rights associated with the shares of Common Stock represented thereby."
(c) Until the Distribution Date (i) the Rights will be evidenced (subject to the provisions of paragraph (a) of this Section 3) by the certificates for shares of Common Stock registered in the names of the holders thereof (which certificates for shares of Common Stock shall also be deemed to be Rights Certificates) and not by separate Rights Certificates, and (ii) the Rights will be transferable only in connection with the transfer of the underlying shares of Common Stock (including a transfer to the Company).
(d) Subject to Section 13(h), As soon as practicable after the Separation Date but prior to the Expiration Distribution Date, the Rights shall only be issued in connection with the issuance Agent will send by first-class, postage prepaid mail, to each record holder of shares of Common Shares upon Stock as of the exercise Close of stock options granted prior to Business on the Separation Date or upon the exercise, conversion or exchange of securities issued by the Company prior to the Separation Date; provided, however, that if, pursuant to the terms of any option, or exercise, conversion or exchange of securities, the number of shares issuable thereunder is adjusted after the Separation Distribution Date, at the address of such holder shown on the records of the Company, a Rights Certificate, in substantially the form of Exhibit C hereto, evidencing one Right for each share of Common Stock so held, subject to adjustment as provided herein. In the event that an adjustment in the number of Rights issuable upon issuance per share of Common Stock has been made pursuant to Section 11(p) hereof, at the time of distribution of the shares Rights Certificates, the Company shall make necessary and appropriate rounding adjustments (in accordance with
(a) hereof) so that Rights Certificates representing only whole numbers of Rights are distributed and cash is paid in lieu of any fractional Rights. As of and after the Distribution Date, the Rights will be equal only to the number of shares which would have been issuable prior to the adjustmentevidenced solely by such Right Certificates.
Appears in 2 contracts
Sources: Rights Agreement (CBL & Associates Properties Inc), Rights Agreement (CBL & Associates Properties Inc)
Issue of Rights Certificates. (a) Until Following the Separation Record Date, the Company will make available, or cause to be made available, a copy of the Summary of Rights to Purchase Series A Junior Participating Preferred Stock, substantially in the form attached hereto as Exhibit B and which may be appended to certificates that represent shares of Common Stock (xthe “Summary of Rights”), to any record holder of Common Stock (other than any Acquiring Person or any Related Person of any Acquiring Person) who may so request, from time to time, prior to the Expiration Date. With respect to certificates representing shares of Common Stock (or Book Entry shares of Common Stock) outstanding as of the Record Date, until the Distribution Date, the Rights will shall be evidenced by the certificates for the such shares of Common Shares Stock registered in the names of the holders thereof together with the Summary of the Common Shares (which certificates for Common Shares shall be deemed also to be certificates for Rights) , and not by separate certificatesRights Certificates. With respect to Book Entry shares of Common Stock outstanding as of the Record Date, and (y) until the Distribution Date, the Rights will shall be transferable only evidenced by the balances indicated in connection the Book Entry account system of the transfer agent for the Common Stock together with the Summary of Rights. Until the earlier of the Distribution Date and the Expiration Date, the transfer of any shares of Common Stock outstanding on the Record Date (whether represented by certificates or evidenced by the balances indicated in the Book Entry account system of the transfer agent for the Common Stock, and, in either case, regardless of whether a copy of the Summary of Rights is submitted with the surrender or request for transfer), shall also constitute the transfer of the underlying Rights associated with such shares of Common Shares (including a transfer to the Company). As soon as practicable after the Separation Date, the Rights Agent will send by first-class, insured, postage prepaid mail, to each record holder of the Common Shares as of the Close of Business on the Separation Date, at the address of such holder shown on the records of the Company, a Rights certificate, in substantially the form of Exhibit A hereto (the "Rights Certificates"), evidencing one Right for each Common Share so held. As of and after the Separation Date, the Rights will be evidenced solely by such Rights CertificatesStock.
(b) As promptly as practicable following the Record DateRights shall be issued, the Company will send a copy of a Summary of Rightswithout any further action, in substantially the form attached hereto as Exhibit B (the "Summary respect of Rights"), by first-class, postage prepaid mail to each record holder all shares of Common Shares as of the Close of Business on the Record Date, at the address of such holder shown on the records of Stock that become outstanding (whether originally issued or delivered from the Company.
(c) Certificates for the Common Shares issued (including reissuance of treasury shares’s treasury) after the Record Date but prior to the earlier of the Separation Distribution Date or and the Expiration Date (as hereinafter defined) shall be deemed Date; provided, however, that Rights also to be certificates for Rights (and Rights shall be issued to the extent provided in respect thereof)Section 22 hereof. Confirmation and account statements sent to holders of Common Stock for Book Entry form or, and in the case of certificated shares, certificates, representing such shares of Common Stock, issued after the Record Date shall bear a legend substantially in the following legendform: "“[This certificate certificate] [These shares] also evidences evidence[s] and entitles entitle[s] the holder hereof to certain Rights as set forth in the a Rights Agreement between Coachmen IndustriesParks! America, Inc. Inc., a Nevada corporation (the "“Company"”), and Securities Transfer Corporation or any successor Rights Agent (the “Rights Agent”) and First Chicago Trust Company of New York, dated as of January 519, 2000 and effective January 122024, 2000 as the same may be amended or supplemented from time to time (the "“Rights Agreement"”), the terms of which are hereby incorporated herein by reference and a copy of which is on file at the principal executive offices of the Company. Under certain circumstances, as set forth in the Rights Agreement, such Rights will shall be evidenced by separate certificates and will no longer be evidenced by [this certificate] [these shares]. The Company will mail to the holder of [this certificate certificate] [these shares] a copy of the Rights Agreement as in effect on the date of mailing without charge promptly after receipt of a written request therefor. Under certain circumstances, as set forth in the Rights beneficially owned Agreement, Rights that are Beneficially Owned by any Person who is, was or becomes an Acquiring Persons Person or any Affiliates or Associates Related Person thereof (as such capitalized terms are defined in the Rights Agreement) and any subsequent holder ), or specified transferees of such Rights Acquiring Person (or Related Person thereof) may become null and voidvoid and will no longer be transferable."
(d) Subject ” With respect to all certificates representing shares of Common Stock containing the foregoing legend in substantially similar form, until the earlier of the Distribution Date and the Expiration Date, the Rights associated with the Common Stock represented by such certificates shall be evidenced by such certificates alone and registered holders of Common Stock shall also be the registered holders of the associated Rights, and the transfer of any such certificate shall also constitute the transfer of the Rights associated with the shares of Common Stock represented by such certificates. With respect to Common Stock in Book Entry form for which there has been sent a confirmation or account statement containing the foregoing legend in substantially similar form, until the earlier of the Distribution Date and the Expiration Date, the Rights associated with the Common Stock shall be evidenced by such Common Stock alone and registered holders of Common Stock shall also be the registered holders of the associated Rights, and the transfer of any such Common Stock shall also constitute the transfer of the Rights associated with such shares of Common Stock. Notwithstanding this Section 13(h3(b), the omission of the legend or the failure to send, deliver or provide the registered owner of shares of Common Stock a copy of the Summary of Rights shall not affect the enforceability of any part of this Agreement or the rights of any holder of the Rights. In the event that the Company purchases or otherwise acquires any shares of Common Stock after the Separation Record Date but prior to the Expiration Distribution Date, any Rights associated with such shares of Common Stock shall be deemed cancelled and retired so that the Company is not entitled to exercise any Rights associated with the shares of Common Stock that are no longer outstanding.
(c) Until the Distribution Date, the Rights shall be transferable only be issued in connection with the issuance transfer of the underlying shares of Common Shares Stock (including a transfer to the Company).
(d) As soon as practicable after the Distribution Date, the Company will prepare and execute, and, upon the exercise request of stock options granted prior the Company, the Rights Agent will countersign and the Company will send or cause to be sent (and the Separation Date or upon the exerciseRights Agent will, conversion or exchange of securities issued if so requested by the Company prior and provided with all necessary information and documents, at the expense of the Company, send) by first-class, insured, postage-prepaid mail, to the Separation Date; provided, however, that if, pursuant to the terms of any option, or exercise, conversion or exchange of securities, the number each record holder of shares issuable thereunder is adjusted after of Common Stock as of the Separation DateClose of Business on the Distribution Date (other than any Acquiring Person or any Related Person of an Acquiring Person), at the address of such holder shown on the records of the Company, one or more rights certificates, substantially in the form attached hereto as Exhibit C (the “Rights Certificate”), evidencing one Right for each share of Common Stock so held, subject to adjustment as provided herein. In the event that an adjustment in the number of Rights issuable upon issuance per share of Common Stock has been made pursuant to Section 11 hereof, at the time of distribution of the shares Rights Certificates, the Company shall make the necessary and appropriate rounding adjustments (in accordance with Section 14(a) hereof) so that Rights Certificates representing only whole numbers of Rights are distributed and, if such adjustments are made, the Company may pay cash in lieu of any fractional Rights (in accordance with Section 14(a) hereof). As of and after the Distribution Date, the Rights shall be equal only to evidenced solely by such Rights Certificates, and the number Rights Certificates and the Rights shall be transferable separately from the transfer of shares which would have been issuable Common Stock. The Company shall promptly notify the Rights Agent in writing upon the occurrence of the Distribution Date and, if such notification is given orally, the Company shall confirm the same in writing on or prior to the adjustmentBusiness Day next following. Until such written notice is received by the Rights Agent, the Rights Agent may presume conclusively for all purposes that the Distribution Date has not occurred.
Appears in 2 contracts
Sources: Rights Agreement (Parks America, Inc), Rights Agreement
Issue of Rights Certificates. (a) Until the Separation Distribution Date, (x) the Rights will be evidenced (subject to the provisions of paragraph (b) of this Section 3) by the certificates for the Common Shares Stock registered in the names of the holders of the Common Shares (which certificates for Common Shares shall be deemed also to be certificates for Rights) Stock and not by separate certificates, and (y) the Rights will be transferable only in connection with the transfer of the underlying shares of Common Shares Stock (including a transfer to the Company). As soon as practicable after the Separation Distribution Date, the Rights Agent will send by first-class, insured, postage prepaid mail, to each record holder of the Common Shares Stock as of the Close close of Business business on the Separation DateDistribution Date (other than any Person referred to in the first sentence of Section 7(e)), at the address of such holder shown on the records of the Company, a Rights certificate, in substantially the form of Exhibit A hereto (the "one or more Rights Certificates"), evidencing one Right for each share of Common Share Stock so held, subject to adjustment as provided herein. In the event that an adjustment in the number of Rights per share of Common Stock has been made pursuant to Section 11(p) hereof, at the time of distribution of the Rights Certificates, the Company shall make the necessary and appropriate rounding adjustments (in accordance with Section 14(a) hereof) so that Rights Certificates representing only whole numbers of Rights are distributed and cash is paid in lieu of any fractional Rights. As of and after the Separation Distribution Date, the Rights will be evidenced solely by such Rights Certificates.
(b) As On or as promptly as practicable following the Record Date, the Company will send deliver a copy of a Summary of RightsRights to Purchase Preferred Stock, in substantially the form attached hereto as Exhibit B (the "Summary of Rights")C, by first-first class, postage prepaid mail mail, to each record registered holder of the Common Shares Stock as of the Close of Business on the Record Date, at the address of such holder holders shown on the records of the Company, and the Rights associated with the shares of Common Stock represented by certificates for such Common Stock held by the registered holders of Common Stock shall be evidenced by such certificates for Common Stock together with the Summary of Rights, and such registered holders of the Common Stock shall also be the registered holders of the associated Rights. Until the earlier of the Distribution Date or the Expiration Date, the transfer of any of the certificates for Common Stock outstanding on the Record Date, with or without a copy of the Summary of Rights, shall also constitute the transfer of the Rights associated with the Common Stock represented by such certificates.
(c) Certificates for the Rights shall be issued in respect of all shares of Common Shares Stock that are issued (including reissuance of treasury shareswhether originally issued or delivered from the Company's treasury) after the Record Date but prior to the earlier of the Separation Distribution Date or the Expiration Date (as hereinafter defined) or, in certain circumstances provided in Section 22 hereof, after the Distribution Date. Certificates issued for shares of Common Stock that shall so become outstanding or shall be transferred or exchanged after the Record Date but prior to the earlier of the Distribution Date or the Expiration Date shall also be deemed also to be certificates for Rights (and Rights shall be issued in respect thereof)Rights, and shall bear the following legend: "This certificate also evidences and entitles the holder hereof to certain Rights as set forth in the Rights Agreement between Coachmen IndustriesWave Technologies International, Inc. (the "Company") and First Chicago Trust Company of New York, ▇▇▇▇▇ ▇▇▇▇▇▇ Shareholder Services (the "Rights Agent") dated as of January 5September 17, 2000 and effective January 12, 2000 1998 as it may from time to time be supplemented or amended (the "Rights Agreement"), the terms of which are hereby incorporated herein by reference and a copy of which is on file at the principal offices of the Company. Under certain circumstances, as set forth in the Rights Agreement, such Rights will may be redeemed, may be exchanged, may expire or may be evidenced by separate certificates and will no longer be evidenced by this certificate. The Company or the Rights Agent will mail to the holder of this certificate a copy of the Rights Agreement Agreement, as in effect on the date of mailing, without charge promptly after receipt of a written request therefor. Under certain circumstancesUNDER CERTAIN CIRCUMSTANCES SET FORTH IN THE RIGHTS AGREEMENT, Rights beneficially owned by Acquiring Persons or any Affiliates or Associates thereof RIGHTS BENEFICIALLY OWNED BY OR TRANSFERRED TO ANY PERSON WHO IS, WAS OR BECOMES AN ACQUIRING PERSON OR AN AFFILIATE OR ASSOCIATE THEREOF (as defined in the Rights Agreement) and any subsequent holder of such Rights may become null and void."
(d) Subject to Section 13(hAS SUCH TERMS ARE DEFINED IN THE RIGHTS AGREEMENT), after AND CERTAIN TRANSFEREES THEREOF, WILL BECOME NULL AND VOID AND WILL NO LONGER BE TRANSFERABLE. With respect to such certificates containing the Separation foregoing legend, until the earlier of the Distribution Date but prior to or the Expiration Date, the Rights shall only be issued in connection associated with the issuance Common Stock represented by such certificates shall be evidenced by such certificates alone, and registered holders of Common Shares upon Stock shall also be the exercise registered holders of stock options granted prior to the Separation Date or upon associated Rights, and the exercise, conversion or exchange of securities issued by the Company prior to the Separation Date; provided, however, that if, pursuant to the terms transfer of any option, or exercise, conversion or exchange of securities, such certificates shall also constitute the number of shares issuable thereunder is adjusted after the Separation Date, the number of Rights issuable upon issuance transfer of the shares shall be equal only to Rights associated with the number of shares which would have been issuable prior to the adjustmentCommon Stock represented by such certificates.
Appears in 2 contracts
Sources: Rights Agreement (Wave Technologies International Inc), Rights Agreement (Wave Technologies International Inc)
Issue of Rights Certificates. (a) Until the Separation earlier of the Distribution Date or the Expiration Date, (xi) the Rights will be evidenced (subject to the provisions of Section 3(b)) by the certificates for the Common Shares Stock registered in the names of the holders of the Common Shares Stock (which certificates for Common Shares Stock shall be deemed also to be certificates for Rights) and not by separate certificates, and (yii) the registered holders of Common Stock shall also be the registered holders of the associated Rights, (iii) the Rights will be transferable only in connection with the transfer of the underlying shares of Common Shares Stock (including a transfer to the Company). As soon as practicable after ) and (iv) the Separation Date, transfer of any such certificate shall also constitute the transfer of the Rights Agent will send by first-class, insured, postage prepaid mail, to each record holder of associated with the Common Shares as of the Close of Business on the Separation Date, at the address of such holder shown on the records of the Company, a Rights certificate, in substantially the form of Exhibit A hereto (the "Rights Certificates"), evidencing one Right for each Common Share so held. As of and after the Separation Date, the Rights will be evidenced solely Stock represented by such Rights Certificatescertificate.
(b) As promptly as practicable following On the Record Date, or as soon as practicable thereafter, the Company will send a copy of a Summary of Rights, in substantially the form attached hereto as Exhibit B C (the "Summary of Rights"), by first-class, postage prepaid mail mail, to each record holder of the Common Shares Stock as of the Close close of Business business on the Record Date, at the address of such holder shown on the records of the Company. With respect to certificates for the Common Stock outstanding as of the Record Date, until the earlier of the Distribution Date or the Expiration Date, the Rights will be evidenced by such certificates together with a copy of the Summary of Rights, and the registered holders of the shares of Common Stock represented by the certificates shall also be the registered holders of the Rights. Until the earlier of the Distribution Date or the Expiration Date, the surrender for transfer of any such certificate, with or without a copy of the Summary of Rights attached thereto, shall also constitute the transfer of the Rights associated with the Common Stock represented by such certificate, and any certificate newly issued pursuant to such transfer shall bear the legend set forth in Section 3(d) hereof.
(c) Certificates for the Rights shall be issued in respect of all shares of Common Shares Stock which are issued (including reissuance of whether originally issued or transferred from the Company's treasury sharesto any other Person) after the Record Date but prior to the earlier of the Separation Distribution Date or the Expiration Date, or, in certain circumstances provided in Section 22 hereof, after the Distribution Date, except with respect to dividends on the outstanding shares of Common Stock payable in shares of Common Stock as provided in Section 11(p) hereof. Certificates representing such shares of Common Stock with respect to which Rights are issued on or after the Record Date and prior to the earlier of the Distribution Date or Expiration Date shall also be deemed to be certificates for Rights, and shall bear the legend set forth in Section 3(d).
(d) Certificates for shares of Common Stock which are issued after the Record Date and prior to the earlier of the Distribution Date or the Expiration Date (as hereinafter defined) shall be deemed also to be certificates for Rights (and Rights shall be issued in respect thereof), and shall bear the following legend: "This certificate also evidences and entitles the holder hereof to certain Rights as set forth in the Rights Agreement (the "Rights Agreement"), between Coachmen IndustriesLabOne, Inc. (the "Company") and First Chicago American Stock Transfer & Trust Company of New York, dated as of January 5, 2000 and effective January 12, 2000 (the "Rights AgreementAgent"), the terms of which are hereby incorporated herein by reference and a copy of which is on file at the principal offices of the CompanyRights Agent. Under certain circumstances, as set forth in the Rights Agreement, such Rights will be evidenced by separate certificates and will no longer be evidenced by this certificate. The Company will mail to the holder of this certificate a copy of the Rights Agreement Agreement, as in effect on the date of mailing, without charge charge, promptly after receipt of a written request therefor. Under certain circumstancescircumstances set forth in the Rights Agreement, Rights beneficially owned by issued to, or held by, any Person who is, was or becomes an Acquiring Persons Person or any Affiliates Affiliate or Associates Associate thereof (as such terms are defined in the Rights Agreement) and ), whether currently held by or on behalf of such Person or by any subsequent holder of such Rights holder, may become null and void. Notwithstanding this paragraph (d), the omission of a legend shall not affect the enforceability of any part of this Rights Agreement or the rights of any holder of the Rights."
(de) Subject to Section 13(h), In the event that the Company purchases or otherwise acquires any shares of Common Stock after the Separation Record Date but prior to the Expiration Distribution Date, any Rights associated with such shares of Common Stock shall only be issued in connection deemed canceled and retired so that the Company shall not be entitled to exercise any Rights associated with the issuance shares of Common Shares upon Stock which are no longer outstanding.
(f) As soon as practicable after the exercise of stock options granted prior to the Separation Date or upon the exerciseDistribution Date, conversion or exchange of securities issued by the Company prior shall prepare and execute and the Rights Agent will countersign and send by first-class, insured, postage prepaid mail, to each record holder of the Separation Date; provided, however, that if, pursuant to Common Stock as of the terms close of any option, or exercise, conversion or exchange of securities, business on the number of shares issuable thereunder is adjusted after the Separation Distribution Date, at the address of such holder shown on the records of the Company, one or more Rights Certificates, evidencing one Right for each share of Common Stock so held, subject to adjustment as provided herein. In the event that an adjustment in the number of Rights issuable upon issuance per share of Common Stock has been made pursuant to Section 11(p) hereof, at the time of distribution of the shares shall Rights Certificates, the Company may make appropriate rounding adjustments (in accordance with Section 14(a) hereof) so that Rights Certificates representing only whole numbers of Rights are distributed and cash is paid in lieu of any fractional Rights. As of and after the Distribution Date, the Rights will be equal only to the number of shares which would have been issuable prior to the adjustmentevidenced solely by such Rights Certificates.
Appears in 2 contracts
Sources: Rights Agreement (Labone Inc/), Rights Agreement (Labone Inc/)
Issue of Rights Certificates. (a) Until the Separation Distribution Date, (x) the Rights will be evidenced (subject to the provisions of paragraph (b) of this Section 3) by the certificates for the Common Shares Stock registered in the names of the holders of the Common Shares (which certificates for Common Shares shall be deemed also to be certificates for Rights) Stock and not by separate certificates, and (y) the Rights will be transferable only in connection with the transfer of the underlying shares of Common Shares Stock (including a transfer to the Company). As soon as practicable after the Separation Distribution Date, the Rights Agent will send by first-class, insured, postage prepaid mail, to each record holder of the Common Shares Stock as of the Close close of Business business on the Separation DateDistribution Date (other than any Person referred to in the first sentence of Section 7(e)), at the address of such holder shown on the records of the Company, a Rights certificate, in substantially the form of Exhibit A hereto (the "one or more Rights Certificates"), evidencing one Right for each share of Common Share Stock so held, subject to adjustment as provided herein. In the event that an adjustment in the number of Rights per share of Common Stock has been made pursuant to Section 11(p) hereof, at the time of distribution of the Rights Certificates, the Company shall make the necessary and appropriate rounding adjustments (in accordance with Section 14(a) hereof) so that Rights Certificates representing only whole numbers of Rights are distributed and cash is paid in lieu of any fractional Rights. As of and after the Separation Distribution Date, the Rights will be evidenced solely by such Rights Certificates.
(b) As promptly as practicable following the Record Date, the Company will send a copy of a Summary of RightsRights to Purchase Preferred Stock, in substantially the form attached hereto as Exhibit B (the "Summary of Rights")C, by first-class, postage prepaid mail mail, to each record holder of Common Shares Stock as of the Close close of Business business on the Record Date, at the address of such holder shown on the records of the Company. With respect to certificates for Common Stock outstanding as of the Record Date, until the Distribution Date or the earlier surrender for transfer thereof or the Expiration Date, the Rights associated with the shares of Common Stock represented by such certificates shall be evidenced by such certificates for Common Stock together with the Summary of Rights, and the registered holders of the Common Stock shall also be the registered holders of the associated Rights. Until the earlier of the Distribution Date or the Expiration Date, the transfer of any of the certificates for Common Stock outstanding on the Record Date, with or without a copy of the Summary of Rights, shall also constitute the transfer of the Rights associated with the Common Stock represented by such certificates.
(c) Certificates for the Rights shall be issued in respect of all shares of Common Shares Stock that are issued (including reissuance of treasury shareswhether originally issued or delivered from the Company's treasury) after the Record Date but prior to the earlier of the Separation Distribution Date or the Expiration Date (as hereinafter defined) or, in certain circumstances provided in Section 22 hereof, after the Distribution Date. Certificates issued for shares of Common Stock that shall so become outstanding or shall be transferred or exchanged after the Record Date but prior to the earlier of the Distribution Date or the Expiration Date shall also be deemed also to be certificates for Rights (and Rights shall be issued in respect thereof)Rights, and shall bear the following legend: "This certificate also evidences and entitles the holder hereof to certain Rights as set forth in the Rights Agreement between Coachmen IndustriesInnovative Valve Technologies, Inc. (the "Company") and First Chicago Trust Company of New YorkChaseMellon Shareholder Services, L.L.C. (the "Rights Agent") dated as of January 5September 18, 2000 and effective January 12, 2000 1997 as it may from time to time be supplemented or amended (the "Rights Agreement"), the terms of which are hereby incorporated herein by reference and a copy of which is on file at the principal offices of the Company. Under certain circumstances, as set forth in the Rights Agreement, such Rights will may be redeemed, may be exchanged, may expire or may be evidenced by separate certificates and will no longer be evidenced by this certificate. The Company will mail to the holder of this certificate a copy of the Rights Agreement Agreement, as in effect on the date of mailing, without charge promptly after receipt of a written request therefor. Under certain circumstancesUNDER CERTAIN CIRCUMSTANCES SET FORTH IN THE RIGHTS AGREEMENT, Rights beneficially owned by Acquiring Persons or any Affiliates or Associates thereof RIGHTS BENEFICIALLY OWNED BY OR TRANSFERRED TO ANY PERSON WHO IS, WAS OR BECOMES AN ACQUIRING PERSON OR AN AFFILIATE OR ASSOCIATE THEREOF (as defined in the Rights Agreement) and any subsequent holder of such Rights may become null and void."
(d) Subject to Section 13(hAS SUCH TERMS ARE DEFINED IN THE RIGHTS AGREEMENT), after AND CERTAIN TRANSFEREES THEREOF, WILL BECOME NULL AND VOID AND WILL NO LONGER BE TRANSFERABLE. With respect to such certificates containing the Separation foregoing legend, until the earlier of the Distribution Date but prior to or the Expiration Date, the Rights shall only be issued in connection associated with the issuance Common Stock represented by such certificates shall be evidenced by such certificates alone, and registered holders of Common Shares upon Stock shall also be the exercise registered holders of stock options granted prior to the Separation Date or upon associated Rights, and the exercise, conversion or exchange of securities issued by the Company prior to the Separation Date; provided, however, that if, pursuant to the terms transfer of any option, or exercise, conversion or exchange of securities, such certificates shall also constitute the number of shares issuable thereunder is adjusted after the Separation Date, the number of Rights issuable upon issuance transfer of the shares shall be equal only to Rights associated with the number of shares which would have been issuable prior to the adjustmentCommon Stock represented by such certificates.
Appears in 2 contracts
Sources: Rights Agreement (Innovative Valve Technologies Inc), Rights Agreement (Innovative Valve Technologies Inc)
Issue of Rights Certificates. (a) Until On the Separation Record Date, (x) the Rights will be evidenced by the certificates for the Common Shares registered in the names of the holders of the Common Shares (which certificates for Common Shares shall be deemed also to be certificates for Rights) and not by separate certificates, and (y) the Rights will be transferable only in connection with the transfer of the underlying Common Shares (including a transfer to the Company). As or as soon as practicable after thereafter, the Separation DateCompany will make available (directly or, at the expense of the Company, through the Rights Agent will send or its transfer agent if the Rights Agent or transfer agent is directed by first-classthe Company and provided with all necessary information and documents) a copy of a Summary of Rights to Purchase Preferred Stock, insured, postage prepaid mailin substantially the form attached hereto as Exhibit B and which may be appended to certificates that represent shares of Common Stock (the “Summary of Rights”), to each record holder of the Common Shares Stock as of the Close of Business on the Separation DateRecord Date (other than any Acquiring Person or any Associate or Affiliate of any Acquiring Person), at the address of such holder shown on the records of the CompanyCompany or transfer agent or registrar for Common Stock. With respect to certificates representing shares of Common Stock (or Book Entry shares of Common Stock) outstanding as of the Record Date, a Rights certificate, in substantially until the form of Exhibit A hereto (the "Rights Certificates"), evidencing one Right for each Common Share so held. As of and after the Separation Distribution Date, the Rights will shall be evidenced solely by such shares of Common Stock registered in the names of the holders thereof together with the Summary of Rights, and not by separate Rights Certificates. With respect to Book Entry shares of Common Stock outstanding as of the Record Date, until the Distribution Date, the Rights shall be evidenced by the balances indicated in the Book Entry account system of the transfer agent for the Common Stock together with the Summary of Rights. Until the earlier of the Distribution Date and the Expiration Date, the transfer of any shares of Common Stock outstanding on the Record Date (whether represented by certificates or evidenced by the balances indicated in the Book Entry account system of the transfer agent for the Common Stock, and, in either case, regardless of whether a copy of the Summary of Rights is submitted with the surrender or request for transfer), shall also constitute the transfer of the Rights associated with such shares of Common Stock. The Company shall promptly notify the Rights Agent of the Distribution Date and request its transfer agent (if its transfer agent is not the Rights Agent) to give the Rights Agent a stockholder list together with all other relevant information.
(b) As promptly as practicable following the Record DateRights shall be issued, the Company will send a copy of a Summary of Rightswithout any further action, in substantially the form attached hereto as Exhibit B (the "Summary respect of Rights"), by first-class, postage prepaid mail to each record holder all shares of Common Shares as of the Close of Business on the Record Date, at the address of such holder shown on the records of Stock that become outstanding (whether originally issued or delivered from the Company.
(c) Certificates for the Common Shares issued (including reissuance of treasury shares’s treasury) after the Record Date but prior to the earlier of the Separation Distribution Date or and the Expiration Date (as hereinafter defined) shall be deemed Date; provided, however, that Rights also to be certificates for Rights (and Rights shall be issued to the extent provided in respect thereof)Section 22 hereof. Confirmation and account statements sent to holders of Common Stock for Book Entry form or, and in the case of certificated shares, certificates, representing such shares of Common Stock, issued after the Record Date shall bear a legend substantially in the following legendform: "“[This certificate certificate] [These shares] also evidences evidence[s] and entitles entitle[s] the holder hereof to certain Rights as set forth in the a Rights Agreement between Coachmen IndustriesIZEA Worldwide, Inc. Inc., a Nevada corporation (the "“Company"”), and Broadridge Corporate Issuer Solutions, LLC or any successor Rights Agent (the “Rights Agent”) and First Chicago Trust Company of New York, dated as of January 5May 28, 2000 and effective January 122024, 2000 as the same may be amended or supplemented from time to time (the "“Rights Agreement"”), the terms of which are hereby incorporated herein by reference and a copy of which is on file at the principal executive offices of the Company. Under certain circumstances, as set forth in the Rights Agreement, such Rights will shall be evidenced by separate certificates and will no longer be evidenced by [this certificate] [these shares]. The Company will mail to the holder of [this certificate certificate] [these shares] a copy of the Rights Agreement as in effect on the date of mailing without charge promptly after receipt of a written request therefor. Under certain circumstances, as set forth in the Rights beneficially owned Agreement, Rights that are Beneficially Owned by any Person who is, was or becomes an Acquiring Persons Person or any Affiliates or Associates Related Person thereof (as such capitalized terms are defined in the Rights Agreement) and any subsequent holder ), or specified transferees of such Rights Acquiring Person (or Related Person thereof) may become null and voidvoid and will no longer be transferable."
” With respect to all certificates representing shares of Common Stock containing the foregoing legend in substantially similar form, until the earlier of the Distribution Date and the Expiration Date, the Rights associated with the Common Stock represented by such certificates shall be evidenced by such certificates alone and registered holders of Common Stock shall also be the registered holders of the associated Rights, and the transfer of any such certificate shall also constitute the transfer of the Rights associated with the shares of Common Stock represented by such certificates. With respect to Common Stock in Book Entry form for which there has been sent a confirmation or account statement containing the foregoing legend in substantially similar form, until the earlier of the Distribution Date and the Expiration Date, the Rights associated with the Common Stock shall be evidenced by such Common Stock alone and registered holders of Common Stock shall also be the registered holders of the associated Rights, and the transfer of any such Common Stock shall also constitute the transfer of the Rights associated with such shares of Common Stock. Notwithstanding this paragraph (d) Subject to Section 13(hb), the omission of the legend or the failure to send, deliver or provide the registered owner of shares of Common Stock a copy of the Summary of Rights shall not affect the enforceability of any part of this Agreement or the rights of any holder of the Rights. In the event that the Company purchases or otherwise acquires any shares of Common Stock after the Separation Record Date but prior to the Expiration Distribution Date, any Rights associated with such shares of Common Stock shall be cancelled and retired so that the Company is not entitled to exercise any Rights associated with the shares of Common Stock that are no longer outstanding.
(c) Until the Distribution Date, the Rights shall be transferable only be issued in connection with the issuance transfer of the underlying shares of Common Shares upon the exercise of stock options granted prior Stock (including a transfer to the Separation Company).
(d) As soon as practicable after the Rights Agent is notified of the Distribution Date or upon the exerciseand received all necessary information, conversion or exchange of securities issued by the Company prior will prepare and execute, and the Rights Agent will countersign and the Company will send or cause to be sent (and the Separation Date; providedRights Agent will, howeverif so requested and provided with all necessary information and documents, that ifat the expense of the Company, pursuant send) by first-class, postage-prepaid mail, to the terms of any option, or exercise, conversion or exchange of securities, the number each record holder of shares issuable thereunder is adjusted after of Common Stock as of the Separation DateClose of Business on the Distribution Date (other than any Acquiring Person or any Related Person of an Acquiring Person), at the address of such holder shown on the records of the Company, one or more rights certificates, in substantially the form of Exhibit C hereto (the “Rights Certificate”), evidencing one Right for each share of Common Stock so held, subject to adjustment as provided herein. In the event that an adjustment in the number of Rights issuable upon issuance per share of Common Stock has been made pursuant to Section 11 hereof, at the time of distribution of the shares Rights Certificates, the Company may make the necessary and appropriate rounding adjustments (in accordance with Section 14(a) hereof) so that Rights Certificates representing only whole numbers of Rights are distributed and, if such adjustments are made, the Company may pay cash in lieu of any fractional Rights (in accordance with Section 14(a) hereof). As of and after the Distribution Date, the Rights shall be equal only to evidenced solely by such Rights Certificates, and the number Rights Certificates and the Rights shall be transferable separately from the transfer of shares which would have been issuable Common Stock. The Company shall promptly notify the Rights Agent in writing upon the occurrence of the Distribution Date and, if such notification is given orally, the Company shall confirm the same in writing on or prior to the adjustmentBusiness Day next following. Until such written notice is received by the Rights Agent, the Rights Agent may presume conclusively for all purposes that the Distribution Date has not occurred.
Appears in 2 contracts
Sources: Rights Agreement (IZEA Worldwide, Inc.), Rights Agreement
Issue of Rights Certificates. (a) Until the Separation Date, (x) the Rights will be evidenced by the certificates for the Common Shares registered in the names of the holders of the Common Shares (which certificates for Common Shares shall be deemed also to be certificates for Rights) and not by separate certificates, and (y) the Rights will be transferable only in connection with the transfer of the underlying Common Shares (including a transfer to the Company). As soon as practicable after the Separation Date, the Rights Agent will send by first-class, insured, postage prepaid mail, to each record holder of the Common Shares as of the Close of Business on the Separation Date, at the address of such holder shown on the records of the Company, a Rights certificate, in substantially the form of Exhibit A hereto (the "Rights Certificates"), evidencing one Right for each Common Share so held. As of and after the Separation Date, the Rights will be evidenced solely by such Rights Certificates.
(b) As promptly as practicable following the Record Date, the Company will send a copy of a Summary of RightsRights to Purchase Common Stock, in substantially the form attached hereto as Exhibit B (the "Summary of Rights"), by first-class, postage prepaid mail mail, to each record holder of Common Shares Stock as of the Close of Business on the Record Date, Date at the address of such holder shown on the records of the Company. With respect to certificates for shares of Common Stock outstanding as of the Record Date, until the Distribution Date, the Rights will be evidenced by such certificates for the Common Stock and the registered holders of the Common Stock shall also be the registered holders of the associated Rights. Until the Distribution Date (or the earlier Expiration Date or Final Expiration Date), the transfer of any certificate representing shares of Common Stock in respect of which Rights have been issued shall also constitute the transfer of the Rights associated with the shares of Common Stock represented thereby.
(cb) Certificates for the Rights shall be issued in respect of all shares of Common Shares Stock issued (including reissuance of treasury shareswhether originally issued or from the Company's treasury) after the Record Date but prior to the earlier of the Separation Distribution Date or the Expiration Date or the Final Expiration Date. Rights shall also be issued to the extent provided in Section 22 in respect of all shares of Common Stock which are issued (as hereinafter definedwhether originally issued or from the Company's treasury) after the Distribution Date and prior to the Expiration Date. Certificates representing such shares of Common Stock shall also be deemed also to be certificates for Rights (and Rights shall be issued in respect thereof)Rights, and shall bear the following legend: "This certificate also evidences and entitles the holder hereof to certain Rights as set forth in the a Rights Agreement between Coachmen Industries, Inc. Cordis Corporation (the "Company") and First Chicago Trust Company of New York, dated as of January 5, 2000 and effective January 12, 2000 Chemical Mellon Shareholder Services L.L.C. (the "Rights AgreementAgent")) dated as of October 13, 1995 (the "Rights Agreement"),the terms of which are hereby incorporated herein by reference and a copy of which is on file at the principal executive offices of the Company. Under certain circumstances, as set forth in the Rights Agreement, such Rights will be evidenced by separate certificates and will no longer be evidenced by this certificate. The Company will mail to the holder of this certificate a copy of the Rights Agreement as in effect on the date of mailing without charge promptly after the receipt of a written request therefor. Under certain circumstancescircumstances set forth in the Rights Agreement, Rights beneficially owned by issued to, or held by, any Person who is, was or becomes an Acquiring Persons Person or any Affiliates Affiliate or Associates Associate thereof (as such terms are defined in the Rights Agreement) and ), whether currently held by or on behalf of such Person or by any subsequent holder of such Rights holder, may become null and void. The Rights shall not be exercisable, and shall be void so long as held, by a holder in any jurisdiction where the requisite qualification to the issuance to such holder, or the exercise by such holder, of the Rights in such jurisdiction shall not have been obtained or be obtainable. With respect to such certificates containing the foregoing legend, until the earlier of (i) the Distribution Date or (ii) the Expiration Date, the Rights associated with the Common Stock represented by such certificates shall be evidenced by such certificates alone and registered holders of Common Stock shall also be the registered holders of the associated Rights, and the transfer of any such certificate shall also constitute the transfer of the Rights associated with the Common Stock represented thereby."
(c) Until the Distribution Date (i) the Rights will be evidenced (subject to the provisions of paragraph (a) of this Section 3) by the certificates for Common Stock registered in the names of the holders thereof (which certificates for Common Stock shall also be deemed to be Rights Certificates) and not by separate Rights Certificates, and (ii) the Rights will be transferable only in connection with the transfer of the underlying shares of Common Stock (including a transfer to the Company).
(d) Subject to Section 13(h), As soon as practicable after the Separation Date but prior to the Expiration Distribution Date, the Rights shall only be issued in connection with the issuance Agent will send by first-class, insured, postage prepaid mail, to each record holder of Common Shares upon Stock as of the exercise Close of stock options granted prior to Business on the Separation Date or upon the exercise, conversion or exchange of securities issued by the Company prior to the Separation Date; provided, however, that if, pursuant to the terms of any option, or exercise, conversion or exchange of securities, the number of shares issuable thereunder is adjusted after the Separation Distribution Date, at the address of such holder shown on the records of the Company, a Rights Certificate, in substantially the form of Exhibit A hereto, evidencing one Right for each share of Common Stock so held, subject to adjustment as provided herein. In the event that an adjustment in the number of Rights issuable upon issuance per share of Common Stock has been made pursuant to Section 11(p) hereof, at the time of distribution of the shares Rights Certificates, the Company shall make necessary and appropriate rounding adjustments (in accordance with Section 14(a) hereof) so that Rights Certificates representing only whole numbers of Rights are distributed and cash is paid in lieu of any fractional Rights. As of and after the Distribution Date, the Rights will be equal only to the number of shares which would have been issuable prior to the adjustmentevidenced solely by such Right Certificates.
Appears in 2 contracts
Sources: Rights Agreement (Cordis Corp), Rights Agreement (Cordis Corp)
Issue of Rights Certificates. (a) Until the Separation Distribution Date, (xi) the Rights will be evidenced (subject to the provisions of Section 3(b) hereof) by the certificates for the representing shares of Common Shares Stock registered in the names of the holders of the Common Shares Stock (which certificates for Common Shares shall be deemed also to be certificates for the associated Rights) and not by separate rights certificates, and (yii) the Rights will be transferable only in connection with the transfer of the underlying associated shares of Common Shares (including a transfer to the Company)Stock. As soon as practicable after the Separation DateCompany has notified the Rights Agent of the occurrence of the Distribution Date and provided the Rights Agent with all necessary information (and if the Rights Agent is not also the transfer agent and registrar of Common Stock, provided the Rights Agent with the names and addresses of all record holders of Common Stock), the Rights Agent will send by first-class, insured, postage prepaid mail, to each record holder of the Common Shares Stock as of the Close of Business on the Separation Distribution Date, at the address of such holder shown on the stock transfer records of the Company, a Rights certificateone or more rights certificates, in substantially the form of Exhibit A B hereto (the "Rights Certificates"), evidencing one Right for each Common Share so heldin the aggregate that number of Rights to which such holder is entitled in accordance with the provisions of this Agreement. As of and after the Separation Distribution Date, the Rights will be evidenced solely by such Rights Certificates. The Rights are exercisable only in accordance with the provisions of Section 7 hereof and are redeemable only in accordance with Section 23 hereof.
(b) As promptly soon as practicable following after the Dividend Record Date, the Company will send cause a copy of a Summary of Rights, in substantially the form attached hereto as Exhibit B C (the "Summary of Rights"), to be sent by first-class, postage prepaid mail mail, to each record holder of the Common Shares Stock as of the Close of Business on the Dividend Record Date, at the address of such holder shown on the stock transfer records of the Company. With respect to certificates for the Common Stock outstanding as of the Dividend Record Date, until the Distribution Date, the Rights associated with the shares of Common Stock represented by such certificates will be evidenced by such certificates for the Common Stock and the registered holders of the Common Stock shall also be the registered holders of the associated Rights. Until the Distribution Date (or the earlier redemption, expiration or termination of the Rights), the surrender for transfer of any of the certificates representing shares of the Common Stock outstanding on the Dividend Record Date, with or without a copy of the Summary of Rights, shall also constitute the transfer of the Rights associated with the Common Stock represented by such certificate.
(c) Certificates for the Rights shall be issued in respect of all shares of Common Shares Stock issued (including reissuance of treasury shareswhether originally issued or delivered from the Company's treasury) after the Dividend Record Date but prior to the earlier earliest of (i) the Distribution Date, (ii) the Expiration Date, or (iii) the redemption of the Separation Date Rights. Certificates representing such shares of Common Stock and certificates issued on transfer of such shares of Common Stock, with or without a copy of the Expiration Summary of Rights, prior to the Distribution Date (as hereinafter definedor earlier expiration or redemption of the Rights) shall be deemed also to be certificates for Rights (and Rights shall be issued in respect thereof)the associated Rights, and commencing as soon as reasonably practicable following the Dividend Record Date shall bear the following legend: "legend (or a legend substantially in the form thereof): This certificate also evidences and entitles the holder hereof to certain Rights as set forth in the a Rights Agreement between Coachmen Industriesthe issuer and Equiserve Trust Company, Inc. N.A., as Rights Agent (the "CompanyRights Agent") and First Chicago Trust Company of New York), dated as of January 5May 28, 2000 and effective January 12, 2000 2002 (the "Rights Agreement"), the terms of which are hereby incorporated herein by reference and a copy of which is on file at the principal offices of both the Companyissuer and the Rights Agent. The Rights Agent will mail to the registered holder of this certificate a copy of the Rights Agreement, as in effect on the date of mailing, without charge upon written request. Under certain circumstances, as circumstances set forth in the Rights Agreement, such Rights will be evidenced by separate certificates and will no longer be evidenced by this certificate. The Company will mail to the holder of this certificate a copy of Under certain circumstances set forth in the Rights Agreement without charge promptly after receipt of a written request therefor. Under certain circumstancesAgreement, Rights beneficially owned issued to, or held by any Person who is, was or becomes, or acquires shares from, an Acquiring Persons Person or any Affiliates or Associates thereof Affiliate of an Acquiring Person (as each such term is defined in the Rights Agreement) Agreement and any subsequent holder generally relating to the ownership or purchase of large shareholdings), whether currently held by or on behalf of such Rights Person or Affiliate or by certain subsequent holders, may become null and void."
(d) Subject to Section 13(h). Until the Distribution Date or the earlier redemption, after expiration or termination of the Separation Date but prior to Rights, the Expiration Date, Rights shall only be issued in connection associated with the issuance Common Stock shall be evidenced by the Common Stock certificates alone and the registered holders of Common Shares upon Stock shall also be the exercise registered holders of stock options granted prior to the Separation Date or upon associated Rights, and the exercise, conversion or exchange of securities issued by the Company prior to the Separation Date; provided, however, that if, pursuant to the terms surrender for transfer of any option, or exercise, conversion or exchange of securities, such certificates shall also constitute the number of shares issuable thereunder is adjusted after the Separation Date, the number of Rights issuable upon issuance transfer of the shares shall be equal only to Rights associated with the number of shares which would have been issuable prior to the adjustmentCommon Stock represented by such certificate.
Appears in 2 contracts
Sources: Rights Agreement (Enterasys Networks Inc /De/), Rights Agreement (Enterasys Networks Inc /De/)
Issue of Rights Certificates. (a) Until the Separation Date, (xi) the Rights will be evidenced by the certificates for the Common Shares Stock registered in the names of the holders of the Common Shares Stock (which certificates for Common Shares Stock shall be deemed also to be certificates for Rights) and not by separate certificates, and (yii) the Rights will be transferable only in connection with the transfer of the underlying shares of Common Shares Stock (including a transfer to the Company). .
(b) As soon as practicable after the Company has notified the Rights Agent of the occurrence of the Separation Date, the Rights Agent will send send, by first-class, insured, postage prepaid mail, to each record holder of the Common Shares Stock as of the Close of Business on the Separation Date, at the address of such the holder shown on the records of the Company, a Rights certificate, in substantially the form of Exhibit A hereto certificate (the a "Rights CertificatesRIGHTS CERTIFICATE"), evidencing one Right (as adjusted from time to time prior to the Separation Date pursuant to this Agreement) for each share of Common Share Stock so held. As of and after the Separation Date, the Rights will be evidenced solely by such Rights Certificates.
(bc) As promptly soon as practicable following after the Record Date, the Company will send a copy of a Summary of Rights, in substantially the form attached hereto as Exhibit B (the "Summary of Rights"), by first-class, postage prepaid mail to each record holder of the Common Shares Stock as of the Close of Business on the Record Date, at the address of such the holder shown on the records of the Company.
(cd) Certificates for the Common Shares Stock issued (including reissuance of treasury shares) after the Record Date but prior to the earlier of the Separation Date or the Expiration Date (as hereinafter defined) ), shall be deemed also to be certificates for Rights (and Rights shall be issued in respect thereof)Rights, and shall bear the following legend: "This certificate also evidences and entitles the holder hereof to certain Rights as set forth in the Rights Agreement between Coachmen IndustriesValassis Communications, Inc. (the "Company") and First Chicago Trust Company The Bank of New York, dated as of January 5September 1, 2000 and effective January 12, 2000 1999 (the "Rights Agreement"), the terms of which are hereby incorporated herein by reference and a copy of which is on file at the principal offices of the Company. Under certain circumstances, as set forth in the Rights Agreement, such the Rights will be evidenced by separate certificates and will no longer be evidenced by this certificate. The Company will mail to the holder of this certificate a copy of the Rights Agreement without charge promptly after receipt of a written request therefor. Under certain circumstances, Rights beneficially owned by Acquiring Persons or any Affiliates or Associates thereof (as defined in the Rights Agreement) and any subsequent holder of such Rights may become null and voidvoid and the holder of those Rights (including any subsequent holder) shall have no right to exercise the Rights."
(de) Subject to Section 13(h), after After the Separation Date but prior to the Expiration Date, Rights shall only be issued in connection with the issuance issue of Common Shares Stock upon the exercise of stock options granted prior to the Separation Date or upon the exercise, conversion pursuant to other benefits under any employee plan or exchange of securities issued by the Company arrangement established prior to the Separation Date; provided, however, that if, pursuant to the terms of any option, option or exercise, conversion or exchange of securitiesother benefit plan, the number of shares issuable thereunder is adjusted after the Separation Date, the number of Rights issuable upon issuance of the shares shall be equal only to the number of shares which that would have been issuable prior to the adjustment.
Appears in 2 contracts
Sources: Rights Agreement (Valassis Communications Inc), Rights Agreement (Valassis Communications Inc)
Issue of Rights Certificates. (a) Until the Separation Date, (x) the Rights will be evidenced by the certificates for the Common Shares registered in the names of the holders of the Common Shares (which certificates for Common Shares shall be deemed also to be certificates for Rights) and not by separate certificates, and (y) the Rights will be transferable only in connection with the transfer of the underlying Common Shares (including a transfer to the Company). As soon as practicable after the Separation Date, the Rights Agent will send by first-class, insured, postage prepaid mail, to each record holder of the Common Shares as of the Close of Business on the Separation Date, at the address of such holder shown on the records of the Company, a Rights certificate, in substantially the form of Exhibit A hereto (the "Rights Certificates"), evidencing one Right for each Common Share so held. As of and after the Separation Date, the Rights will be evidenced solely by such Rights Certificates.
(b) As promptly as practicable following the Record Date, the Company will send or deliver a copy of a Summary of RightsRights to Purchase Preferred Stock, in substantially the form attached hereto as Exhibit B (the "Summary of Rights"), by first-class, postage prepaid mail to each record holder of Common Shares as of the Close of Business on the Record Date, Date at the address of such holder shown on the records of the Company.
(c) Certificates . With respect to certificates for Common Shares outstanding as of the Record Date, until the Distribution Date, the Rights will be evidenced by such certificates for the Common Shares and the registered holders of the Common Shares shall also be the registered holders of the associated Rights. Until the Distribution Date (or the earlier Expiration Date or Final Expiration Date), the transfer of any certificate representing Common Shares in respect of which Rights have been issued shall also constitute the transfer of the Rights associated with the Common Shares represented thereby.
(b) Rights shall be issued in respect of all Common Shares issued (including reissuance of treasury shareswhether originally issued or from the Company's treasury) after the Record Date but prior to the earlier of the Separation Distribution Date or the Expiration Date or the Final Expiration Date. Rights shall also be issued to the extent provided in Section 22 in respect of all Common Shares which are issued (as hereinafter definedwhether originally issued or from the Company's treasury) after the Distribution Date and prior to the Expiration Date. Certificates representing such Common Shares shall also be deemed also to be certificates for Rights (and Rights shall be issued in respect thereof)Rights, and shall bear the following legend: "legend (in addition to any other legends that may be required): This certificate also evidences and entitles the holder hereof to certain Rights as set forth in the a Rights Agreement between Coachmen Industries, Inc. Colonial Properties Trust (the "Company") and First Chicago Trust Company of New YorkBankBoston, N.A. (the "Rights Agent") dated as of January 5November 2, 2000 and effective January 12, 2000 1998 (the "Rights Agreement"), the terms of which are hereby incorporated herein by reference and a copy of which is on file at the principal executive offices of the Company. Under certain circumstances, as set forth in the Rights Agreement, such Rights will be evidenced by separate certificates and will no longer be evidenced by this certificate. The Company will mail to the holder of this certificate a copy of the Rights Agreement as in effect on the date of mailing without charge promptly after receipt of a written request therefor. Under certain circumstancescircumstances set forth in the Rights Agreement, Rights beneficially owned by issued to, or held by, any Person who is, was or becomes an Acquiring Persons Person or any Affiliates Affiliate or Associates Associate thereof (as such terms are defined in the Rights Agreement) and ), whether currently held by or on behalf of such Person or by any subsequent holder of such Rights holder, may become null and void. The Rights shall not be exercisable, and shall be void so long as held, by a holder in any jurisdiction where the requisite qualification of the issuance to such holder, or the exercise by such holder, of the Rights in such jurisdiction shall not have been obtained or be obtainable. With respect to such certificates containing the foregoing legend, until the earlier of (i) the Distribution Date or (ii) the Expiration Date, the Rights associated with the Common Shares represented by such certificates shall be evidenced by such certificates alone and registered holders of Common Shares shall also be the registered holders of the associated Rights, and the transfer of any such certificate shall also constitute the transfer of the Rights associated with the Common Shares represented thereby."
(c) Until the Distribution Date (i) the Rights will be evidenced (subject to the provisions of paragraph (a) of this Section 3) by the certificates for Common Shares registered in the names of the holders thereof (which certificates for Common Shares shall also be deemed to be Rights Certificates) and not by separate Rights Certificates, and (ii) the Rights will be transferable only in connection with the transfer of the underlying Common Shares (including a transfer to the Company).
(d) Subject to Section 13(h), As soon as practicable after the Separation Date but prior to the Expiration Distribution Date, the Rights shall only be issued in connection with the issuance Agent will send by first-class, insured, postage prepaid mail, to each record holder of Common Shares upon as of the exercise Close of stock options granted prior to Business on the Separation Date or upon the exercise, conversion or exchange of securities issued by the Company prior to the Separation Date; provided, however, that if, pursuant to the terms of any option, or exercise, conversion or exchange of securities, the number of shares issuable thereunder is adjusted after the Separation Distribution Date, at the address of such holder shown on the records of the Company, a Rights Certificate, in substantially the form of Exhibit C hereto, evidencing one Right for each Common Share so held, subject to adjustment as provided herein. In the event that an adjustment in the number of Rights issuable upon issuance per Common Share has been made pursuant to Section 11(p) hereof, at the time of distribution of the shares Rights Certificates, the Company shall make necessary and appropriate rounding adjustments (in accordance with Section 14(a) hereof) so that Rights Certificates representing only whole numbers of Rights are distributed and cash is paid in lieu of any fractional Rights. As of and after the Distribution Date, the Rights will be equal only to the number of shares which would have been issuable prior to the adjustmentevidenced solely by such Right Certificates.
Appears in 2 contracts
Sources: Rights Agreement (Colonial Properties Trust), Rights Agreement (Colonial Properties Trust)
Issue of Rights Certificates. (a) Until the Separation Distribution Date, (xi) the Rights will be evidenced (subject to the provisions of Section 3(b) hereof) by the certificates for the representing shares of Common Shares Stock registered in the names of the holders of the Common Shares Stock (which certificates for Common Shares shall be deemed also to be certificates for the associated Rights) and not by separate rights certificates, and (yii) the Rights will be transferable only in connection with the transfer of the underlying associated shares of Common Shares (including a transfer to the Company)Stock. As soon as practicable after the Separation Distribution Date, the Rights Agent will send by first-class, insured, postage prepaid mail, to each record holder of the Common Shares Stock as of the Close of Business on the Separation Distribution Date, at the address of such holder shown on the stock transfer records of the Company, a Rights certificateone or more rights certificates, in substantially the form of Exhibit A B hereto (the "Rights Certificates"), evidencing one Right for each Common Share so heldin the aggregate that number of Rights to which such holder is entitled in accordance with the provisions of this Agreement. As of and after the Separation Distribution Date, the Rights will be evidenced solely by such Rights Certificates. The Rights are exercisable only in accordance with the provisions of Section 7 hereof and are redeemable only in accordance with Section 23 hereof.
(b) As promptly soon as practicable following after the Dividend Record Date, the Company will send cause a copy of a Summary of Rights, in substantially the form attached hereto as Exhibit B C (the "Summary of Rights"), to be sent by first-class, postage prepaid mail mail, to each record holder of the Common Shares Stock as of the Close of Business on the Dividend Record Date, at the address of such holder shown on the stock transfer records of the Company. With respect to certificates for the Common Stock outstanding as of the Dividend Record Date, until the Distribution Date, the Rights associated with the shares of Common Stock represented by such certificates will be evidenced by such certificates for the Common Stock and the registered holders of the Common Stock shall also be the registered holders of the associated Rights. Until the Distribution Date (or the earlier redemption, expiration or termination of the Rights), the surrender for transfer of any of the certificates representing shares of the Common Stock outstanding on the Dividend Record Date, with or without a copy of the Summary of Rights, shall also constitute the transfer of the Rights associated with the Common Stock represented by such certificate.
(c) Certificates for the Rights shall be issued in respect of all shares of Common Shares Stock issued (including reissuance of treasury shareswhether originally issued or delivered from the Company's treasury) after the Dividend Record Date but prior to the earlier earliest of (i) the Distribution Date, (ii) the Expiration Date, or (iii) the redemption of the Separation Date Rights. Certificates representing such shares of Common Stock and certificates issued on transfer of such shares of Common Stock, with or without a copy of the Expiration Summary of Rights, prior to the Distribution Date (as hereinafter definedor earlier expiration or redemption of the Rights) shall be deemed also to be certificates for Rights (and Rights shall be issued in respect thereof)the associated Rights, and commencing as soon as reasonably practicable following the Dividend Record Date shall bear the following legend: "legend (or a legend substantially in the form thereof): This certificate also evidences and entitles the holder hereof to certain Rights as set forth in the a Rights Agreement between Coachmen Industriesthe issuer and American Stock Transfer & Trust Company, Inc. as Rights Agent (the "CompanyRights Agent") and First Chicago Trust Company of New York), dated as of January 5February 17, 2000 and effective January 12, 2000 1998 (the "Rights Agreement"), the terms of which are hereby incorporated herein by reference and a copy of which is on file at the principal offices of both the Companyissuer and the Rights Agent. The Rights Agent will mail to the registered holder of this certificate a copy of the Rights Agreement, as in effect on the date of mailing, without charge upon written request. Under certain circumstances, as circumstances set forth in the Rights Agreement, such Rights will be evidenced by separate certificates and will no longer be evidenced by this certificate. The Company will mail to the holder of this certificate a copy of Under certain circumstances set forth in the Rights Agreement without charge promptly after receipt of a written request therefor. Under certain circumstancesAgreement, Rights beneficially owned issued to, or held by any Person who is, was or becomes, or acquires shares from, an Acquiring Persons Person or any Affiliates or Associates thereof Affiliate of an Acquiring Person (as each such term is defined in the Rights Agreement) Agreement and any subsequent holder generally relating to the ownership or purchase of large shareholdings), whether currently held by or on behalf of such Rights Person or Affiliate or by certain subsequent holders, may become null and void."
(d) Subject to Section 13(h). Until the Distribution Date or the earlier redemption, after expiration or termination of the Separation Date but prior to Rights, the Expiration Date, Rights shall only be issued in connection associated with the issuance Common Stock shall be evidenced by the Common Stock certificates alone and the registered holders of Common Shares upon Stock shall also be the exercise registered holders of stock options granted prior to the Separation Date or upon associated Rights, and the exercise, conversion or exchange of securities issued by the Company prior to the Separation Date; provided, however, that if, pursuant to the terms surrender for transfer of any option, or exercise, conversion or exchange of securities, such certificates shall also constitute the number of shares issuable thereunder is adjusted after the Separation Date, the number of Rights issuable upon issuance transfer of the shares shall be equal only to Rights associated with the number of shares which would have been issuable prior to the adjustmentCommon Stock represented by such certificate.
Appears in 2 contracts
Sources: Rights Agreement (Dynamics Research Corp), Rights Agreement (Dynamics Research Corp)
Issue of Rights Certificates. (a) Until the Separation Distribution Date, (x) the Rights will be evidenced (subject to the provisions of paragraph (b) of this Section 3) by the certificates for the Common Shares Stock registered in the names of the holders of the Common Shares (which certificates for Common Shares shall be deemed also to be certificates for Rights) Stock and not by separate certificates, and (y) the Rights will be transferable only in connection with the transfer of the underlying shares of Common Shares Stock (including a transfer to the Company). As soon as practicable after the Separation Distribution Date, the Rights Agent will send by first-class, insured, postage prepaid mail, to each record holder of the Common Shares Stock as of the Close close of Business business on the Separation DateDistribution Date (other than any Person referred to in the first sentence of Section 7(e)), at the address of such holder shown on the records of the Company, a Rights certificate, in substantially the form of Exhibit A hereto (the "one or more Rights Certificates"), evidencing one Right for each share of Common Share Stock so held, subject to adjustment as provided herein. In the event that an adjustment in the number of Rights per share of Common Stock has been made pursuant to Section 11(p) hereof, at the time of distribution of the Rights Certificates, the Company shall make the necessary and appropriate rounding adjustments (in accordance with Section 14(a) hereof) so that Rights Certificates representing only whole numbers of Rights are distributed and cash is paid in lieu of any fractional Rights. As of and after the Separation Distribution Date, the Rights will be evidenced solely by such Rights Certificates.
(b) As promptly as practicable following the Record Date, the Company will send a copy of a Summary of Rights, in substantially the form attached hereto as Exhibit B (the "Summary of Rights")C, by first-class, postage prepaid mail mail, to each record holder of Common Shares Stock as of the Close close of Business business on the Record Date, at the address of such holder shown on the records of the Company. With respect to certificates for Common Stock outstanding as of the Record Date, until the Distribution Date or the earlier surrender for transfer thereof or the Expiration Date, the Rights associated with the shares of Common Stock represented by such certificates shall be evidenced by such certificates for Common Stock together with the Summary of Rights, and the registered holders of the Common Stock shall also be the registered holders of the associated Rights. Until the earlier of the Distribution Date or the Expiration Date, the transfer of any of the certificates for Common Stock outstanding on the Record Date, with or without a copy of the Summary of Rights, shall also constitute the transfer of the Rights associated with the Common Stock represented by such certificates.
(c) Certificates for the Rights shall be issued in respect of all shares of Common Shares Stock that are issued (including reissuance of treasury shareswhether originally issued or delivered from the Company’s treasury) after the Record Date but prior to the earlier of the Separation Distribution Date or the Expiration Date (as hereinafter defined) or, in certain circumstances provided in Section 22 hereof, after the Distribution Date. Certificates issued representing such shares of Common Stock that shall so become outstanding or shall be transferred or exchanged after the Record Date but prior to the earlier of the Distribution Date or the Expiration Date shall also be deemed also to be certificates for Rights (and Rights shall be issued in respect thereof)Rights, and shall bear the following legend: "This certificate also evidences and entitles the holder hereof to certain Rights as set forth in the Rights Agreement between Coachmen IndustriesMetroPCS Communications, Inc. (the "“Company"”) and First Chicago American Stock Transfer & Trust Company of New York, (the “Rights Agent”) dated as of January 5March 29, 2000 and effective January 12, 2000 2007 as it may from time to time be supplemented or amended (the "“Rights Agreement"”), the terms of which are hereby incorporated herein by reference and a copy of which is on file at the principal offices of the Company. Under certain circumstances, as set forth in the Rights Agreement, such Rights will may be redeemed, may be exchanged, may expire or may be evidenced by separate certificates and will no longer be evidenced by this certificate. The Company or the Rights Agent will mail to the holder of this certificate a copy of the Rights Agreement Agreement, as in effect on the date of mailing, without charge promptly after receipt of a written request therefor. Under certain circumstancescircumstances set forth in the Rights Agreement, Rights beneficially owned by or transferred to any Person who is, was or becomes an Acquiring Persons Person or any Affiliates an Affiliate or Associates Associate thereof (as such terms are defined in the Rights Agreement) ), and any subsequent holder of such Rights may certain transferees thereof, will become null and void."
(d) Subject void and will no longer be transferable. With respect to Section 13(h)such certificates containing the foregoing legend, after until the Separation earlier of the Distribution Date but prior to or the Expiration Date, the Rights shall only be issued in connection associated with the issuance Common Stock represented by such certificates shall be evidenced by such certificates alone, and registered holders of Common Shares upon Stock shall also be the exercise registered holders of stock options granted prior to the Separation Date or upon associated Rights, and the exercise, conversion or exchange of securities issued by the Company prior to the Separation Date; provided, however, that if, pursuant to the terms transfer of any option, or exercise, conversion or exchange of securities, such certificates shall also constitute the number of shares issuable thereunder is adjusted after the Separation Date, the number of Rights issuable upon issuance transfer of the shares shall be equal only to Rights associated with the number of shares which would have been issuable prior to the adjustmentCommon Stock represented by such certificates.
Appears in 2 contracts
Sources: Rights Agreement (Metropcs Communications Inc), Rights Agreement (Metropcs Communications Inc)
Issue of Rights Certificates. (a) Until Prior to the Separation Distribution Date, (xi) the Rights will be evidenced (subject to the provisions of this Section 3(b)) by the certificates for the Common Shares Stock registered in the names of the holders of the Common Shares Stock (which certificates for Common Shares shall Stock will be deemed also to be certificates for Rights) and not by separate certificates, and (yii) the Rights will be transferable only in connection with the transfer of the underlying shares of Common Shares Stock (including a transfer to the Company). As soon as practicable after the Separation Distribution Date, the Rights Agent will send by first-class, insured, postage prepaid mail, to each record holder of the Common Shares Stock as of the Close of Business on the Separation Distribution Date, at the address of such holder shown on the records of the Company, a Rights certificateone or more rights certificates, in substantially the form of Exhibit EXHIBIT A hereto (the "“Rights Certificates"”), evidencing one Right for each share of Common Share Stock so held, subject to adjustment as provided in this Agreement. In the event that an adjustment in the number of Rights per share of Common Stock has been made pursuant to Section 11(p), at the time of distribution of the Rights Certificates, the Company will make the necessary and appropriate rounding adjustments (in accordance with Section 14(a)) so that Rights Certificates representing only whole numbers of Rights are distributed and cash is paid in lieu of any fractional Rights. As of and after the Separation Distribution Date, the Rights will be evidenced solely by such Rights Certificates.
(b) As promptly soon as practicable following the Record Date, the Company will send a copy of a Summary of Rights, in substantially the form attached hereto as Exhibit B (the "Summary of Rights")EXHIBIT B, by first-class, postage prepaid mail mail, to each record holder of the Common Shares Stock as of the Close of Business on the Record Date, at the address of such holder shown on the records of the Company. With respect to certificates for the Common Stock outstanding as of the Record Date, until the Distribution Date, the Rights will be evidenced by such certificates for the Common Stock and the registered holders of the Common Stock will also be the registered holders of the associated Rights. Until the earlier of the Distribution Date or the Expiration Date (as defined in Section 7), the transfer of any certificates representing shares of Common Stock in respect of which Rights have been issued will also constitute the transfer of the Rights associated with such shares of Common Stock.
(c) Certificates for the Rights will be issued in respect of all shares of Common Shares Stock that are issued (including reissuance of treasury shareswhether originally issued or from the Company’s treasury) after the Record Date but prior to the earlier of the Separation Distribution Date or the Expiration Date (as hereinafter defined) shall Date. Certificates representing such shares of Common Stock will also be deemed also to be certificates for Rights (and Rights shall be issued in respect thereof)Rights, and shall will bear the following legend: "This certificate also evidences and entitles With respect to the holder hereof to certain Rights as set forth in shares of Common Stock issued after the Record Date, until the earlier of (i) the Distribution Date or (ii) the Expiration Date, the Rights Agreement between Coachmen Industries, Inc. (associated with the "Company") and First Chicago Trust Company of New York, dated as of January 5, 2000 and effective January 12, 2000 (the "Rights Agreement"), the terms of which are hereby incorporated herein Common Stock represented by reference and a copy of which is on file at the principal offices of the Company. Under certain circumstances, as set forth in the Rights Agreement, such Rights certificates will be evidenced by separate such certificates alone and registered holders of Common Stock will no longer also be evidenced by this certificate. The Company the registered holders of the associated Rights, and the transfer of any of such certificates will mail to also constitute the holder of this certificate a copy transfer of the Rights Agreement without charge promptly after receipt of a written request therefor. Under certain circumstances, Rights beneficially owned by Acquiring Persons or any Affiliates or Associates thereof (as defined in the Rights Agreement) and any subsequent holder of such Rights may become null and void."
(d) Subject to Section 13(h), after the Separation Date but prior to the Expiration Date, Rights shall only be issued in connection associated with the issuance of Common Shares upon the exercise of stock options granted prior to the Separation Date or upon the exercise, conversion or exchange of securities issued Stock represented by the Company prior to the Separation Date; provided, however, that if, pursuant to the terms of any option, or exercise, conversion or exchange of securities, the number of shares issuable thereunder is adjusted after the Separation Date, the number of Rights issuable upon issuance of the shares shall be equal only to the number of shares which would have been issuable prior to the adjustmentsuch certificates.
Appears in 2 contracts
Sources: Shareholder Rights Agreement (Mercantile Bancorp, Inc.), Shareholder Rights Agreement (Mercantile Bancorp, Inc.)
Issue of Rights Certificates. (a) Until the Separation Distribution Date, (xi) the Rights will be evidenced by the certificates for the shares of Common Shares Stock registered in the names of the holders of the shares of Common Shares Stock (which certificates for shares of Common Shares Stock shall be deemed also to be certificates for Rights) and not by separate certificates, and (yii) the Rights will be transferable only in connection with the transfer of the underlying shares of Common Shares Stock (including a transfer to the Company). As soon as practicable after the Separation Distribution Date, the Company will prepare and execute, and the Rights Agent will countersign and, if requested by the Company, send by first-class, insured, postage postage-prepaid mail, to each record holder of the shares of Common Shares Stock as of the Close of Business on the Separation Distribution Date, at the address of such holder shown on the records of the Company, a Rights certificateone or more right certificates, in substantially the form of Exhibit A B hereto (the "Rights Certificates"), evidencing one Right for each share of Common Share Stock so held, subject to adjustment as provided herein. In the event that an adjustment in the number of Rights per share of Common Stock has been made pursuant to Section 11(p) hereof, at the time of distribution of the Rights Certificates, the Company shall make the necessary and appropriate rounding adjustments (in accordance with Section 14(a) hereof). Rights Certificates representing only whole numbers of Rights will be distributed and cash will be paid in lieu of any fractional Rights. As of and after the Separation Distribution Date, the Rights will be evidenced solely by such Rights Certificates.
(b) As promptly as practicable following the Record Date, the Company will send a copy of a Summary of Rights, in substantially the form attached hereto as Exhibit B C (the "Summary of Rights"), by first-class, postage postage-prepaid mail mail, to each record holder of shares of Common Shares Stock as of the Close of Business on the Record Date, at the address of such holder shown on the records of the Company.
(c) Certificates . With respect to certificates for the shares of Common Shares issued (including reissuance Stock outstanding as of treasury shares) after the Record Date but prior to Date, until the Distribution Date, the Rights will be evidenced by such certificates for shares of Common Stock and the registered holders of shares of Common Stock shall also be the registered holders of the associated Rights. Until the earlier of the Separation Distribution Date or the Expiration Date (as hereinafter definedsuch term is defined in Section 7 hereof), the transfer of any certificates representing shares of Common Stock, or the surrender of any certificates representing shares of Common Stock for any purpose, including redemption of the shares represented by such certificates or conversion or exchange of such shares into or for any security other than Common Stock, shall also constitute the transfer or surrender, as appropriate, of the Rights associated with such shares of Common Stock.
(c) Certificates representing such shares of Common Stock shall also be deemed also to be certificates for Rights (and Rights shall be issued in respect thereof)Rights, and shall bear the following legend: "This certificate also evidences and entitles the holder hereof to certain Rights as set forth in the Stockholder Rights Agreement between Coachmen IndustriesOM Group, Inc. (the "Company") and First Chicago Trust Company of New York, National City Bank (the "Rights Agent") dated as of January November 5, 2000 and effective January 12, 2000 1996 (the "Rights Agreement"), the terms of which are hereby incorporated herein by reference and a copy of which is on file at the principal offices of the CompanyRights Agent. Under certain circumstances, as set forth in the Rights Agreement, such Rights will be evidenced by separate certificates and will no longer be evidenced by this certificate. The Company Rights Agent will mail to the holder of this certificate a copy of the Rights Agreement Agreement, as in effect on the date of mailing, without charge promptly after receipt of a written request therefor. Under certain circumstancescircumstances set forth in the Rights Agreement, Rights beneficially owned by issued to, or held by, any Person who is, was or becomes an Acquiring Persons Person, or any Affiliates who is an Affiliate or Associates Associate thereof (as such terms are defined in the Rights Agreement) and ), whether currently held by or on behalf of such Person or by any subsequent holder of such Rights holder, may become null and void. With respect to such certificates containing the foregoing legend, until the earlier of (i) the Distribution Date and (ii) the Expiration Date, the Rights associated with the shares of Common Stock represented by such certificates shall be evidenced by such certificates alone and registered holders of shares of Common Stock shall also be the registered holders of the associated Rights, and the transfer of any of such certificates, or the surrender of any such certificates for redemption of the shares represented thereby or for conversion or exchange of such shares into or for any security other than Common Stock shall also constitute the transfer or surrender, as appropriate, of the Rights associated with the shares of Common Stock represented by such certificates."
(d) Subject Except as set forth in Section 22 hereof, nothing in this Agreement or as this Agreement may be construed with any other agreement, contract, indenture, instrument, document, or understanding (written or unwritten) to Section 13(h)which the Company or any holder of capital stock of the Company may be a party, or under the terms of which the Company or any holder of capital stock may be bound, shall give the holders of the capital stock any right to receive, after the Separation Date but prior to the Expiration Distribution Date, Rights shall only be issued in connection any additional Rights, or any rights, warrants or options with substantially similar terms as the issuance Rights, by virtue of conversion of any shares of capital stock of the Company into shares of Common Shares upon the exercise Stock of stock options granted prior to the Separation Date or upon the exercise, conversion or exchange of securities issued by the Company prior to the Separation Date; provided, however, that if, pursuant to the terms of any option, or exercise, conversion or exchange of securities, the number of shares issuable thereunder is adjusted after the Separation Distribution Date, the number of Rights issuable upon issuance of the shares shall be equal only to the number of shares which would have been issuable prior to the adjustment.
Appears in 2 contracts
Sources: Stockholder Rights Agreement (Om Group Inc), Stockholder Rights Agreement (Om Group Inc)
Issue of Rights Certificates. (a) Until the Separation Distribution Date, (xi) the Rights will be evidenced (subject to the provisions of Section 3(b) hereof) by the certificates for the representing shares of Common Shares Stock registered in the names of the holders of the Common Shares Stock (which certificates for Common Shares shall be deemed also to be certificates for the associated Rights) and not by separate rights certificates, and (yii) the Rights will be transferable only in connection with the transfer of the underlying associated shares of Common Shares (including a transfer to the Company)Stock. As soon as practicable after the Separation Distribution Date, the Rights Agent will send by first-class, insured, postage prepaid mail, to each record holder of the Common Shares Stock as of the Close of Business on the Separation Distribution Date, at the address of such holder shown on the stock transfer records of the Company, a Rights certificateone or more rights certificates, in substantially the form of Exhibit A B hereto (the "Rights Certificates"), evidencing one Right for each Common Share so heldin the aggregate that number of Rights to which such holder is entitled in accordance with the provisions of this Agreement. As of and after the Separation Distribution Date, the Rights will be evidenced solely by such Rights Certificates. The Rights are exercisable only in accordance with the provisions of Section 7 hereof and are redeemable only in accordance with Section 23 hereof.
(b) As promptly soon as practicable following after the Dividend Record Date, the Company will send cause a copy of a Summary of Rights, in substantially the form attached hereto as Exhibit B C (the "Summary of Rights"), to be sent by first-class, postage prepaid mail mail, to each record holder of the Common Shares Stock as of the Close of Business on the Dividend Record Date, at the address of such holder shown on the stock transfer records of the Company. With respect to certificates for the Common Stock outstanding as of the Dividend Record Date, until the Distribution Date, the Rights associated with the shares of Common Stock represented by such certificates will be evidenced by such certificates for the Common Stock and the registered holders of the Common Stock shall also be the registered holders of the associated Rights. Until the Distribution Date (or the earlier redemption, expiration or termination of the Rights), the surrender for transfer of any of the certificates representing shares of the Common Stock outstanding on the Dividend Record Date, with or without a copy of the Summary of Rights, shall also constitute the transfer of the Rights associated with the Common Stock represented by such certificate.
(c) Certificates for the Rights shall be issued in respect of all shares of Common Shares Stock issued (including reissuance of treasury shareswhether originally issued or delivered from the Company's treasury) after the Dividend Record Date but prior to the earlier earliest of (i) the Distribution Date, (ii) the Expiration Date, or (iii) the redemption of the Separation Date Rights. Certificates representing such shares of Common Stock and certificates issued on transfer of such shares of Common Stock, with or without a copy of the Expiration Summary of Rights, prior to the Distribution Date (as hereinafter definedor earlier expiration or redemption of the Rights) shall be deemed also to be certificates for Rights (and Rights shall be issued in respect thereof)the associated Rights, and commencing as soon as reasonably practicable following the Dividend Record Date shall bear the following legend: "legend (or a legend substantially in the form thereof): “This certificate also evidences and entitles the holder hereof to certain Rights as set forth in the a Rights Agreement between Coachmen Industriesthe issuer and American Stock Transfer & Trust Company, Inc. as Rights Agent (the "CompanyRights Agent") (as amended and First Chicago Trust Company of New Yorkrestated from time to time, dated as of January 5, 2000 and effective January 12, 2000 (the "Rights Agreement"), the terms of which are hereby incorporated herein by reference and a copy of which is on file at the principal offices of both the Companyissuer and the Rights Agent. The Rights Agent will mail to the registered holder of this certificate a copy of the Rights Agreement, as in effect on the date of mailing, without charge upon written request. Under certain circumstances, as circumstances set forth in the Rights Agreement, such Rights will be evidenced by separate certificates and will no longer be evidenced by this certificate. The Company will mail to the holder of this certificate a copy of Under certain circumstances set forth in the Rights Agreement without charge promptly after receipt of a written request therefor. Under certain circumstancesAgreement, Rights beneficially owned issued to, or held by any Person who is, was or becomes, or acquires shares from, an Acquiring Persons Person or any Affiliates or Associates thereof Affiliate of an Acquiring Person (as each such term is defined in the Rights Agreement) Agreement and any subsequent holder generally relating to the ownership or purchase of large shareholdings), whether currently held by or on behalf of such Rights Person or Affiliate or by certain subsequent holders, may become null and void."
(d) Subject to Section 13(h)” Until the Distribution Date or the earlier redemption, after expiration or termination of the Separation Date but prior to Rights, the Expiration Date, Rights shall only be issued in connection associated with the issuance Common Stock shall be evidenced by the Common Stock certificates alone and the registered holders of Common Shares upon Stock shall also be the exercise registered holders of stock options granted prior to the Separation Date or upon associated Rights, and the exercise, conversion or exchange of securities issued by the Company prior to the Separation Date; provided, however, that if, pursuant to the terms surrender for transfer of any option, or exercise, conversion or exchange of securities, such certificates shall also constitute the number of shares issuable thereunder is adjusted after the Separation Date, the number of Rights issuable upon issuance transfer of the shares shall be equal only to Rights associated with the number of shares which would have been issuable prior to the adjustmentCommon Stock represented by such certificate.
Appears in 2 contracts
Sources: Rights Agreement (Dynamics Research Corp), Rights Agreement (Dynamics Research Corp)
Issue of Rights Certificates. (a) Until the Separation Distribution Date, (x) the Rights will be evidenced (subject to the provisions of paragraph (b) of this Section 3) by the certificates for the Common Shares registered in the names of the holders of the Common Shares (which certificates for Common Shares shall be deemed also to be certificates for Rights) and not by separate certificates, and (y) the Rights will be transferable only in connection with the transfer of the underlying the Common Shares (including a transfer to the Company). As soon as practicable after the Separation Distribution Date, the Rights Agent will send by first-first class, insured, postage prepaid mail, to each record holder of the Common Shares as of the Close close of Business business on the Separation Distribution Date, at the address of such holder shown on the records of the Company, a Rights certificate, in substantially the form of Exhibit A hereto (the "one or more Rights Certificates"), evidencing one Right for each Common Share so held, subject to adjustment as provided herein. In the event that an adjustment in the number of Rights per Common Share has been made pursuant to the provisions of this Agreement, at the time of distribution of the Right Certificates, the Company shall make the necessary and appropriate rounding adjustments (in accordance with Section 14(a) hereof) so that Rights Certificates representing only whole numbers of Rights are distributed and cash is paid in lieu of any fractional Rights. As of and after the Separation Distribution Date, the Rights will be evidenced solely by such Rights Certificates.
(b) As promptly as practicable following the Record Date, the Company will send a copy of a Summary of RightsRights to Purchase Preferred Shares, in substantially the form attached hereto as Exhibit B (the "Summary of Rights")C, by first-classfirst class mail, postage prepaid mail prepaid, to each record holder of the Common Shares as of the Close close of Business business on the Record Date, at the address of such holder shown on the records of the Company. With respect to certificates for the Common Shares outstanding as of the Record Date, until the Distribution Date or the earlier surrender for transfer thereof or the Expiration Date, the Rights associated with the Common Shares represented by such certificates shall be evidenced by such certificates for the Common Shares together with a copy of the Summary of Rights, and the registered holders of the Common Shares shall also be the registered holders of the associated Rights. Until the earlier of the Distribution Date or the Expiration Date, the transfer of any of the certificates for the Common Shares outstanding on the Record Date, with or without a copy of the Summary of Rights attached thereto, shall also constitute the transfer of the Rights associated with the Common Shares represented by such certificates.
(c) Certificates for Rights shall be issued in respect of all the Common Shares that are issued (including reissuance of treasury shareswhether originally issued or from the Company's treasury) after the Record Date but prior to the earlier of the Separation Distribution Date or the Expiration Date (as hereinafter defined) expiration or redemption of the Rights or, in certain circumstances provided in Section 22 hereof, after the Distribution Date. Certificates issued for the Common Shares that shall so become outstanding or shall be transferred or exchanged after the Record Date but prior to the earlier of the Distribution Date or the expiration or redemption of the Rights shall also be deemed also to be certificates for Rights (and Rights shall be issued in respect thereof)Rights, and shall bear the following legend: "This certificate also evidences and entitles the holder hereof to certain Rights as set forth in the Rights Agreement between Coachmen Excel Industries, Inc. (the "Company") and First Chicago Trust Company of New York, Chemical Mellon Shareholder Services L.L.C. (the "Rights Agent") dated as of January 5December 21, 2000 and effective January 12, 2000 1995 as it may from time to time be supplemented or amended (the "Rights Agreement"), the terms of which are hereby incorporated herein by reference and a copy of which is on file at the principal offices of the Company. Under certain circumstances, as set forth in the Rights Agreement, such Rights will may be redeemed, may be exchanged, may expire or may be evidenced by separate certificates and will no longer be evidenced by this certificate. The Company will mail to the holder of this certificate a copy of the Rights Agreement Agreement, as in effect on the date of mailing, without charge promptly after receipt of a written request therefor. Under certain circumstancescircumstances set forth in the Rights Agreement, Rights beneficially owned by issued to, or held by, any Person who is, was or becomes an Acquiring Persons Person or any Affiliates Affiliate or Associates Associate thereof (as such terms are defined in the Rights Agreement) and ), whether currently held by or on behalf of such Person or by any subsequent holder of such Rights may holder, will become null and void."
(d) Subject to Section 13(h), after the Separation Date but prior to the Expiration Date, Rights shall only be issued in connection with the issuance of Common Shares upon the exercise of stock options granted prior to the Separation Date or upon the exercise, conversion or exchange of securities issued by the Company prior to the Separation Date; provided, however, that if, pursuant to the terms of any option, or exercise, conversion or exchange of securities, the number of shares issuable thereunder is adjusted after the Separation Date, the number of Rights issuable upon issuance of the shares shall be equal only to the number of shares which would have been issuable prior to the adjustment.
Appears in 2 contracts
Sources: Rights Agreement (Excel Industries Inc), Rights Agreement (Excel Industries Inc)
Issue of Rights Certificates. (a) Until the Separation Distribution Date, (x) the Rights will be evidenced (subject to the provisions of paragraph (b) of this Section 3) by the certificates for the Common Shares registered in the names of the holders of the Common Shares (which certificates for Common Shares shall be deemed also to be certificates for beneficial interests in the Rights) and not by separate certificates, and (y) the Rights and beneficial interests therein will be transferable only in connection with the transfer of the underlying Common Shares (including a transfer to the Company). As soon as practicable after the Separation Distribution Date, the Rights Agent will send by first-class, insured, postage prepaid mail, to each record holder of the Common Shares as of the Close close of Business business on the Separation DateDistribution Date (other than any Person referred to in the first sentence of Section 7(e)), at the address of such holder shown on the records of the Company, a Rights certificate, in substantially the form of Exhibit A hereto (the "one or more Rights Certificates"), evidencing one Right for each Common Share so held, subject to adjustment as provided herein. In the event that an adjustment in the number of Rights per Common Share has been made pursuant to Section 11(p) hereof, at the time of distribution of the Rights Certificates, the Company shall make the necessary and appropriate rounding adjustments (in accordance with Section 14(a) hereof) so that Rights Certificates representing only whole numbers of Rights are distributed and cash is paid in lieu of any fractional Rights. As of and after the Separation Distribution Date, the Rights will be evidenced solely by such Rights Certificates.
(b) As promptly as practicable following the Record Date, the Company will send a copy of a Summary of RightsRights to Purchase Common Shares, in substantially the form attached hereto as Exhibit B (the "Summary of Rights")B, by first-class, postage prepaid mail mail, to each record holder of Common Shares as of the Close close of Business business on the Record Date, at the address of such holder shown on the records of the Company. With respect to certificates for Common Shares outstanding as of the Record Date, until the Distribution Date or the earlier surrender for transfer thereof or the Expiration Date, the Rights associated with the Common Shares represented by such certificates shall be evidenced by such certificates for Common Shares together with the Summary of Rights to Purchase Common Shares, and the registered holders of the Common Shares shall also be the registered holders of the beneficial interests in the associated Rights. Until the earlier of the Distribution Date or the Expiration Date, the transfer of any of the certificates for Common Shares in respect of which Rights have been issued, with or without a copy of the Summary of Rights to Purchase Common Shares, shall also constitute the transfer of the Rights associated with the Common Shares represented by such certificates.
(c) Certificates for the Rights shall be issued in respect of all Common Shares that are issued (including reissuance of treasury shareswhether originally issued or delivered from the Company's treasury) after the Record Date but prior to the earlier of the Separation Distribution Date or the Expiration Date (as hereinafter defined) or, in certain circumstances provided in Section 22 hereof, after the Distribution Date. Certificates issued for Common Shares that shall so become outstanding or shall be transferred or exchanged after the Record Date but prior to the earlier of the Distribution Date or the Expiration Date shall also be deemed also to be certificates for Rights (and Rights shall be issued in respect thereof)Rights, and shall bear the following legend: "legend (which legend may be modified as necessary on the certificates for the Common Shares to reflect the application of this Agreement to the Common Shares): This certificate also evidences and entitles the holder hereof to certain Rights as set forth in the Rights Agreement between Coachmen Industries, Capital Environmental Resource Inc. (the "Company") and First Chicago American Stock Transfer & Trust Company of New York, dated (the "Rights Agent") as of January 5, 2000 and effective January 12, 2000 it may from time to time be supplemented or amended (the "Rights Agreement"), the terms of which are hereby incorporated herein by reference and a copy of which is on file at the principal offices of the Company. Under certain circumstances, as set forth in the Rights Agreement, such Rights will may be redeemed, may be exchanged, may expire or may be evidenced by separate certificates and will no longer be evidenced by this certificate. The Company will mail to the holder of this certificate a copy of the Rights Agreement Agreement, as in effect on the date of mailing, without charge promptly after receipt of a written request therefor. Under certain circumstancesUNDER CERTAIN CIRCUMSTANCES SET FORTH IN THE RIGHTS AGREEMENT, Rights beneficially owned by Acquiring Persons or any Affiliates or Associates thereof RIGHTS BENEFICIALLY OWNED BY OR TRANSFERRED TO ANY PERSON WHO IS, WAS OR BECOMES AN ACQUIRING PERSON OR AN AFFILIATE OR ASSOCIATE THEREOF (as defined in the Rights Agreement) and any subsequent holder of such Rights may become null and void."
(d) Subject to Section 13(hAS SUCH TERMS ARE DEFINED IN THE RIGHTS AGREEMENT), after AND CERTAIN TRANSFEREES THEREOF, WILL BECOME NULL AND VOID AND WILL NO LONGER BE TRANSFERABLE. With respect to such certificates containing the Separation foregoing legend, until the earlier of the Distribution Date but prior to or the Expiration Date, the Rights shall only be issued in connection associated with the issuance Common Shares represented by such certificates shall be evidenced by such certificates alone, and registered holders of Common Shares upon shall also be the exercise registered holders of stock options granted prior to the Separation Date or upon associated Rights, and the exercise, conversion or exchange of securities issued by the Company prior to the Separation Date; provided, however, that if, pursuant to the terms transfer of any option, or exercise, conversion or exchange of securities, such certificates shall also constitute the number of shares issuable thereunder is adjusted after the Separation Date, the number of Rights issuable upon issuance transfer of the shares shall be equal only to Rights associated with the number of shares which would have been issuable prior to the adjustmentCommon Shares represented by such certificates.
Appears in 2 contracts
Sources: Rights Agreement (Capital Environmental Resource Inc), Rights Agreement (Capital Environmental Resource Inc)
Issue of Rights Certificates. (a) Until the Separation Distribution Date, (x1) the outstanding Rights will be evidenced (subject to the provisions of paragraph (b) of this Section 3) (A) with respect to Common Shares that are held in certificated form, by the certificates for the outstanding Common Shares registered in the names of the holders of the Common Shares (which certificates for Common Shares shall be deemed also to be certificates for Rights) Company and not by separate certificatesRights Certificates and (B) with respect to Common Shares that are held in book-entry form, by a notation in the records of the Rights Agent (and the records of the Company's transfer agent if different from the Rights Agent), and (y2) the right to receive Rights Certificates will be transferable only in connection with the transfer of the underlying Common Shares (including a transfer to of the Company). As soon as practicable after the Separation Distribution Date, the Company will prepare and execute, and the Rights Agent will send countersign and send, by first-class, insured, postage postage-prepaid mail, to each record holder of the Common Shares of the Company as of the Close of Business on the Separation Distribution Date, at the address of such holder shown on the stock transfer records of the Company, a Rights certificate, in substantially the form of Exhibit A hereto (the "Rights Certificates"), Certificate evidencing one Right for each Common Share so held, subject to adjustments as provided herein. As of From and after the Separation Distribution Date, the Rights will be evidenced solely by such Rights Certificates.
(b) As promptly as practicable following On the Record Date, or as soon thereafter as practicable, the Company will send a copy of a Summary of Rights, in substantially the form attached hereto as Exhibit B (the "Summary of Rights"), by first-class, postage postage-prepaid mail mail, to each record holder of Common Shares of the Company as of the Close of Business on the Record Date, at the address of such holder shown on the stock transfer records of the Company. With respect to Common Shares outstanding on the Record Date, the certificates evidencing such Common Shares shall thereafter also evidence the outstanding Rights (as such Rights may be amended or supplemented) distributed with respect thereto until the Distribution Date and the registered holders of Common Shares shall also be the registered holders of the associated Rights. Until the Distribution Date (or, if earlier, the Redemption Date or Final Expiration Date), the surrender for registration of transfer or exchange of (1) any certificate for Common Shares outstanding as of the Close of Business on the Record Date, with or without a copy of the Summary of Rights attached thereto, and (2) any Common Shares held in book-entry form, shall also constitute the surrender for registration of transfer or exchange of the outstanding Rights associated with the Common Shares represented thereby.
(c) The Company agrees that, at any time after the Record Date and prior to the Distribution Date (or, if earlier, the Redemption Date or Final Expiration Date) at which it issues any of its Common Shares upon original issue or out of treasury, it will concurrently distribute to the holder of such Common Shares one Right for each such Common Share, which Right shall be subject to the terms and provisions of this Agreement and will evidence the right to purchase the same number of one one-thousandth (1/1000) of a Preferred Share at the same Purchase Price as the Rights then outstanding.
(d) Certificates for the Common Shares issued (including reissuance of treasury shares) after the Record Date but prior to the earlier earliest of the Separation Distribution Date, the Redemption Date and the Final Expiration Date, whether upon registration of transfer or exchange of Common Shares outstanding on the Record Date or the Expiration Date (as hereinafter defined) upon original issue or out of treasury thereafter, shall also be deemed also to be certificates for the Rights (and Rights shall be issued in respect thereof), and shall bear have impressed on, printed on, written on or otherwise affixed to them the following legendlegend or such similar legend as the Company may deem appropriate and as is not inconsistent with the provisions of this Agreement: "This certificate also evidences and entitles the holder hereof to certain Rights as set forth in the a Rights Agreement between Coachmen IndustriesSymbion, Inc. (the "Company") and First Chicago Trust Company of New YorkSunTrust Bank, dated as of January 5, 2000 and effective January 12, 2000 it may be amended (the "Rights Agreement"), the terms of which are hereby incorporated herein by reference and a copy of which is on file at the principal executive offices of the Company. Under certain circumstances, as set forth in the Rights Agreement, such Rights will be evidenced by separate certificates and will no longer be evidenced by this certificate. The Company will mail to the holder of this certificate a copy of the Rights Agreement without charge promptly after receipt of a written request therefor. Under certain circumstancesAs described in the Rights Agreement, Rights beneficially owned issued to or acquired by any Acquiring Persons Person or any Affiliates Affiliate or Associates Associate thereof (each as defined in the Rights Agreement) and ), whether currently held by or on behalf of such Person or by any subsequent holder of such Rights may holder, shall, under certain circumstances, become null and void. With respect to certificates containing the foregoing legend, until the earlier of the Distribution Date or the Final Expiration Date, outstanding Rights associated with the Common Shares represented by such certificates shall be evidenced by such certificates alone, and the surrender of any such certificate for registration of transfer or exchange of the Common Shares evidenced thereby shall also constitute surrender for registration of transfer or exchange of the outstanding Rights (as such Rights may be amended or supplemented) associated with the Common Shares represented thereby. The failure to print the foregoing legend on any certificate or any other defect therein shall not affect in any manner whatsoever the application or interpretation of the provisions of Section 8(e) hereof."
(de) Subject to Section 13(h), If the Company purchases or acquires any of its Common Shares after the Separation Date Record Date, but prior to the Expiration Distribution Date, any Rights associated with such Common Shares shall only be issued in connection deemed canceled and retired so that the Company shall not be entitled to exercise any Rights associated with the issuance of Common Shares upon the exercise of stock options granted prior to the Separation Date or upon the exercise, conversion or exchange of securities issued by the Company prior to the Separation Date; provided, however, that if, pursuant to the terms of any option, or exercise, conversion or exchange of securities, the number of shares issuable thereunder is adjusted after the Separation Date, the number of Rights issuable upon issuance of the shares shall be equal only to the number of shares which would have been issuable prior to the adjustmentare no longer outstanding.
Appears in 2 contracts
Sources: Rights Agreement (Symbion Inc/Tn), Rights Agreement (Symbion Inc/Tn)
Issue of Rights Certificates. (a) Until On the Separation Record Date, (x) the Rights will be evidenced by the certificates for the Common Shares registered in the names of the holders of the Common Shares (which certificates for Common Shares shall be deemed also to be certificates for Rights) and not by separate certificates, and (y) the Rights will be transferable only in connection with the transfer of the underlying Common Shares (including a transfer to the Company). As or as soon as practicable after thereafter, the Separation DateCompany will send (directly or, at the expense of the Company, through the Rights Agent will send or its transfer agent if the Rights Agent or transfer agent is directed by first-classthe Company and provided with all necessary information and documents) a copy of a Summary of Rights to Purchase Preferred Stock, insured, postage prepaid mailin substantially the form attached hereto as Exhibit B and which may be appended to certificates that represent shares of Common Stock (the “Summary of Rights”), to each record holder of the Common Shares Stock as of the Close of Business on the Separation DateRecord Date (other than any Acquiring Person or any Associate or Affiliate of any Acquiring Person), at the address of such holder shown on the records of the CompanyCompany or transfer agent or register for Common Stock. With respect to certificates representing shares of Common Stock (or Book Entry shares of Common Stock) outstanding as of the Record Date, a Rights certificate, in substantially until the form of Exhibit A hereto (the "Rights Certificates"), evidencing one Right for each Common Share so held. As of and after the Separation Distribution Date, the Rights will shall be evidenced solely by such shares of Common Stock registered in the names of the holders thereof together with the Summary of Rights, and not by separate Rights Certificates. With respect to Book Entry shares of Common Stock outstanding as of the Record Date, until the Distribution Date, the Rights shall be evidenced by the balances indicated in the Book Entry account system of the transfer agent for the Common Stock together with the Summary of Rights. Until the earlier of the Distribution Date and the Expiration Date, the transfer of any shares of Common Stock outstanding on the Record Date (whether represented by certificates or evidenced by the balances indicated in the Book Entry account system of the transfer agent for the Common Stock, and, in either case, regardless of whether a copy of the Summary of Rights is submitted with the surrender or request for transfer), shall also constitute the transfer of the Rights associated with such shares of Common Stock.
(b) As promptly as practicable following the Record DateRights shall be issued, the Company will send a copy of a Summary of Rightswithout any further action, in substantially the form attached hereto as Exhibit B (the "Summary respect of Rights"), by first-class, postage prepaid mail to each record holder all shares of Common Shares as of the Close of Business on the Record Date, at the address of such holder shown on the records of Stock that become outstanding (whether originally issued or delivered from the Company.
(c) Certificates for the Common Shares issued (including reissuance of treasury shares’s treasury) after the Record Date but prior to the earlier of the Separation Distribution Date or and the Expiration Date (as hereinafter defined) shall be deemed Date; provided, however, that Rights also to be certificates for Rights (and Rights shall be issued to the extent provided in respect thereof)Section 22 hereof. Confirmation and account statements sent to holders of Common Stock for Book Entry form or, and in the case of certificated shares, certificates, representing such shares of Common Stock, issued after the Record Date shall bear a legend substantially in the following legendform: "“[This certificate certificate] [These shares] also evidences evidence[s] and entitles entitle[s] the holder hereof to certain Rights as set forth in the a Rights Agreement between Coachmen IndustriesVAALCO Energy, Inc. Inc., a Delaware corporation (the "“Company"”), and Computershare Trust Company, N.A. (the “Rights Agent”) and First Chicago Trust Company of New York, dated as of January 5September 26, 2000 and effective January 122015, 2000 as the same may be amended from time to time (the "“Rights Agreement"”), the terms of which are hereby incorporated herein by reference and a copy of which is on file at the principal executive offices of the Company. Under certain circumstances, as set forth in the Rights Agreement, such Rights will shall be evidenced by separate certificates and will no longer be evidenced by [this certificate] [these shares]. The Company will mail to the holder of [this certificate certificate] [these shares] a copy of the Rights Agreement as in effect on the date of mailing without charge promptly after receipt of a written request therefor. Under certain circumstances, as set forth in the Rights beneficially owned Agreement, Rights that are Beneficially Owned by any Person who is, was or becomes an Acquiring Persons Person or any Affiliates or Associates Related Person thereof (as such capitalized terms are defined in the Rights Agreement) and any subsequent holder ), or specified transferees of such Rights Acquiring Person (or Related Person thereof) may become null and voidvoid and will no longer be transferable."
” With respect to all certificates representing shares of Common Stock containing the foregoing legend, until the earliest of the Distribution Date and the Expiration Date, the Rights associated with the Common Stock represented by such certificates shall be evidenced by such certificates alone and registered holders of Common Stock shall also be the registered holders of the associated Rights, and the transfer of any such certificate shall also constitute the transfer of the Rights associated with the shares of Common Stock represented by such certificates. With respect to Common Stock in Book Entry form for which there has been sent a confirmation or account statement containing the foregoing legend, until the earliest of the Distribution Date and the Expiration Date, the Rights associated with the Common Stock shall be evidenced by such Common Stock alone and registered holders of Common Stock shall also be the registered holders of the associated Rights, and the transfer of any such Common Stock shall also constitute the transfer of the Rights associated with such shares of Common Stock. Notwithstanding this paragraph (d) Subject to Section 13(hb), the omission of the legend or the failure to send, deliver or provide the registered owner of shares of Common Stock a copy of the Summary of Rights shall not affect the enforceability of any part of this Agreement or the rights of any holder of the Rights. In the event that the Company purchases or otherwise acquires any shares of Common Stock after the Separation Record Date but prior to the Expiration Distribution Date, any Rights associated with such shares of Common Stock shall be cancelled and retired so that the Company is not entitled to exercise any Rights associated with the shares of Common Stock that are no longer outstanding.
(c) Until the Distribution Date, the Rights shall be transferable only be issued in connection with the issuance transfer of the underlying shares of Common Shares Stock (including a transfer to the Company).
(d) As soon as practicable after the Distribution Date, the Company will prepare and execute, and upon the exercise written request of stock options granted prior to the Separation Date or upon Company, the exercise, conversion or exchange of securities issued by Rights Agent will countersign and the Company prior will send or cause to be sent (and the Separation Date; providedRights Agent will, howeverif so requested and provided with all necessary information and documents will, that ifat the expense of the Corporation, pursuant send) by first-class, insured, postage-prepaid mail, to the terms of any option, or exercise, conversion or exchange of securities, the number each record holder of shares issuable thereunder is adjusted after of Common Stock as of the Separation DateClose of Business on the Distribution Date (other than any Acquiring Person or any Related Person of an Acquiring Person), at the address of such holder shown on the records of the Company, one or more rights certificates, in substantially the form of Exhibit C hereto (the “Rights Certificate”), evidencing one Right for each share of Common Stock so held, subject to adjustment as provided herein. In the event that an adjustment in the number of Rights issuable upon issuance per share of Common Stock has been made pursuant to Section 11 hereof, at the time of distribution of the shares Rights Certificates, the Company shall make the necessary and appropriate rounding adjustments (in accordance with Section 14(a) hereof) so that Rights Certificates representing only whole numbers of Rights are distributed and cash is paid in lieu of any fractional Rights. As of and after the Distribution Date, the Rights shall be equal only to evidenced solely by such Rights Certificates, and the number Rights Certificates and the Rights shall be transferable separately from the transfer of shares which would have been issuable Common Stock. The Company shall promptly notify the Rights Agent in writing upon the occurrence of the Distribution Date and, if such notification is given orally, the Company shall confirm the same in writing on or prior to the adjustmentBusiness Day next following. Until such written notice is received by the Rights Agent, the Rights Agent may presume conclusively for all purposes that the Distribution Date has not occurred.
Appears in 2 contracts
Sources: Rights Agreement (Vaalco Energy Inc /De/), Rights Agreement
Issue of Rights Certificates. (a) Until the Separation Distribution Date, (xi) the Rights will be evidenced (subject to the provisions of 3(b) hereof) by the certificates for the Common Shares Stock registered in the names of the holders of the Common Shares Stock (which certificates for Common Shares Stock shall be deemed also to be certificates for Rights) and not by separate certificates, and (yii) the Rights will be transferable only in connection with the transfer of the underlying shares of Common Shares Stock (including a transfer to the Company). As soon as practicable after the Separation Distribution Date, the Rights Agent will send by first-class, insured, postage prepaid mail, to each record holder of the Common Shares Stock as of the Close of Business on the Separation Distribution Date, at the address of such holder shown on the records of the Company, a Rights certificate, in substantially the form of Exhibit A hereto (the "one or more Rights Certificates"), evidencing one Right for each share of Common Share Stock so held, subject to adjustment as provided herein. As of and after the Separation Distribution Date, the Rights will be evidenced solely by such Rights Certificates.
(b) As promptly as practicable following On the Record Date, or as soon as practicable thereafter, the Company will send a copy of a Summary of Rights, in substantially the form attached hereto as Exhibit B (the "Summary of Rights"), by first-class, postage postage-prepaid mail mail, to each record holder of shares of Common Shares Stock as of the Close of Business on of the Record Date, at the address of such holder shown on the records of the Company. With respect to certificates for Common Stock outstanding as of the Record Date, until the Distribution Date, the Rights will be evidenced by such certificates registered in the names of the holders thereof together with a copy of the Summary of Rights attached thereto. Until the Distribution Date (or the earlier of the Redemption Date or the Final Expiration Date), the surrender for transfer of any certificate for Common Stock outstanding on the Record Date, with or without a copy of the Summary of Rights attached thereto, shall also constitute the transfer of the Rights associated with such Common Stock.
(c) Certificates for the Rights shall be issued in respect of all shares of Common Shares Stock which are issued (including reissuance of treasury shares) after the Record Date but prior to the earlier of the Separation Distribution Date or the Expiration Date (as hereinafter defined) Date. Certificates representing such shares of Common Stock shall also be deemed also to be certificates for Rights (and Rights shall be issued in respect thereof)Rights, and shall bear the following legend: "This certificate also evidences and entitles the holder hereof to certain Rights as set forth in the Amended and Restated Rights Agreement between Coachmen IndustriesICU Medical, Inc. and American Stock Transfer & Trust Company, as Rights Agent (the "Company") and First Chicago Trust Company of New York, dated as of January 5, 2000 and effective January 12, 2000 (the "“Rights Agreement"”), the terms of which are hereby incorporated herein by reference and a copy of which is on file at the principal offices of the Company. ICU Medical, Inc. Under certain circumstances, as set forth in the Rights Agreement, such Rights will be evidenced by separate certificates and will no longer be evidenced by this certificate. The Company ICU Medical, Inc. will mail to the holder of this certificate a copy of the Rights Agreement Agreement, as in effect on the date of mailing, without charge promptly after receipt of a written request therefor. Under certain circumstancescircumstances set forth in the Rights Agreement, Rights beneficially owned by issued to, or held by, any Person who is, was or becomes an Acquiring Persons Person or any Affiliates Affiliate or Associates Associate thereof (as such terms are defined in the Rights Agreement) and ), whether currently held by or on behalf of such Person or by any subsequent holder of such Rights holder, may become null and void."
(d) Subject to Section 13(h), . If the Company purchases or acquires any Common Stock after the Separation Record Date but prior before the Distribution Date, any Rights associated with that Common Stock shall be deemed canceled so that the Company shall not be entitled to exercise any Rights associated with the Common Stock which are no longer outstanding. With respect to such certificates containing the foregoing legend, until the earlier of (i) the Distribution Date or (ii) the Expiration Date, the Rights shall only be issued in connection associated with the issuance Common Stock represented by such certificates shall be evidenced by such certificates alone and registered holders of Common Shares upon Stock shall also be the exercise registered holders of stock options granted prior to the Separation Date or upon associated Rights, and the exercise, conversion or exchange of securities issued by the Company prior to the Separation Date; provided, however, that if, pursuant to the terms transfer of any option, or exercise, conversion or exchange of securities, such certificates shall also constitute the number of shares issuable thereunder is adjusted after the Separation Date, the number of Rights issuable upon issuance transfer of the shares shall be equal only to Rights associated with the number of shares which would have been issuable prior to the adjustmentCommon Stock represented by such certificates.
Appears in 2 contracts
Sources: Rights Agreement (Icu Medical Inc/De), Rights Agreement (Icu Medical Inc/De)
Issue of Rights Certificates. (a) Until the Separation Date, (x) the Rights will be evidenced by the certificates for the Common Shares registered in the names of the holders of the Common Shares (which certificates for Common Shares shall be deemed also to be certificates for Rights) and not by separate certificates, and (y) the Rights will be transferable only in connection with the transfer of the underlying Common Shares (including a transfer to the Company). As soon as practicable after the Separation Date, the Rights Agent will send by first-class, insured, postage prepaid mail, to each record holder of the Common Shares as of the Close of Business on the Separation Date, at the address of such holder shown on the records of the Company, a Rights certificate, in substantially the form of Exhibit A hereto (the "Rights Certificates"), evidencing one Right for each Common Share so held. As of and after the Separation Date, the Rights will be evidenced solely by such Rights Certificates.
(b) As promptly as practicable following Following the Record Date, the Company will send make available, or cause to be made available, a copy of a the Summary of RightsRights to Purchase Preferred Stock, in substantially the form attached hereto as Exhibit B and which may be appended to certificates that represent shares of Common Stock (the "“Summary of Rights"”), by first-class, postage prepaid mail to each any record holder of Common Shares Stock (other than any Acquiring Person or any Related Person of any Acquiring Person) who may so request, from time to time, prior to the Expiration Date. Until the Distribution Date, (i) with respect to certificates representing shares of Common Stock outstanding as of the Close of Business on the Record Date, at the address Rights shall be evidenced by such shares of such holder shown Common Stock registered in the names of the holders thereof together with the Summary of Rights, and not by separate Rights Certificates, and (y) with respect to Book Entry shares of Common Stock outstanding as of the Record Date, the Rights shall be evidenced by the balances indicated in the Book Entry account system of the transfer agent for the Common Stock together with the Summary of Rights. Until the earlier of the Distribution Date and the Expiration Date, the transfer of any shares of Common Stock outstanding on the records Record Date (whether represented by certificates or evidenced by the balances indicated in the Book Entry account system of the Companytransfer agent for the Common Stock, and, in either case, regardless of whether a copy of the Summary of Rights is submitted with the surrender or request for transfer), shall also constitute the transfer of the Rights associated with such shares of Common Stock.
(cb) Certificates for Rights shall be issued, without any further action, in respect of all shares of Common Stock that become outstanding (whether originally issued or delivered from the Common Shares issued (including reissuance of treasury sharesCompany’s treasury) after the Record Date but prior to the earlier of the Separation Distribution Date or and the Expiration Date (as hereinafter defined) shall be deemed Date; provided, however, that Rights also to be certificates for Rights (and Rights shall be issued to the extent provided in respect thereof)Section 22 hereof. Confirmation and account statements sent to holders of Common Stock for Book Entry form or, and in the case of certificated shares, certificates, representing such shares of Common Stock, issued after the Record Date shall bear a legend substantially in the following legendform: "“[This certificate certificate] [These shares] also evidences evidence[s] and entitles entitle[s] the holder hereof to certain Rights as set forth in the Rights Agreement a Tax Benefits Preservation Plan by and between Coachmen IndustriesEdgio, Inc. Inc., a Delaware corporation (the "“Company"”), and Equiniti Trust Company, LLC, or any successor Rights Agent (the “Rights Agent”) and First Chicago Trust Company of New York, dated as of January 5June 7, 2000 and effective January 122024, 2000 as the same may be amended or supplemented from time to time (the "“Rights Agreement"”), the terms of which are hereby incorporated herein by reference and a copy of which is on file at the principal executive offices of the Company. Under certain circumstances, as set forth in the Rights Agreement, such Rights will shall be evidenced by separate certificates and will no longer be evidenced by [this certificate] [these shares]. The Company will mail to the holder of [this certificate certificate] [these shares] a copy of the Rights Agreement as in effect on the date of mailing without charge promptly after receipt of a written request therefor. Under certain circumstances, as set forth in the Rights beneficially owned Agreement, Rights that are Beneficially Owned by any Person who is, was or becomes an Acquiring Persons Person or any Affiliates or Associates Related Person thereof (as such capitalized terms are defined in the Rights Agreement) and any subsequent holder ), or specified transferees of such Rights Acquiring Person (or Related Person thereof) may become null and voidvoid and will no longer be transferable."
” With respect to all certificates representing shares of Common Stock containing the foregoing legend in substantially similar form, until the earlier of the Distribution Date and the Expiration Date, the Rights associated with the Common Stock represented by such certificates shall be evidenced by such certificates alone and registered holders of Common Stock shall also be the registered holders of the associated Rights, and the transfer of any such certificate shall also constitute the transfer of the Rights associated with the shares of Common Stock represented by such certificates. With respect to Common Stock in Book Entry form for which there has been sent a confirmation or account statement containing the foregoing legend in substantially similar form, until the earlier of the Distribution Date and the Expiration Date, the Rights associated with the Common Stock shall be evidenced by such Common Stock alone and registered holders of Common Stock shall also be the registered holders of the associated Rights, and the transfer of any such Common Stock shall also constitute the transfer of the Rights associated with such shares of Common Stock. Notwithstanding this paragraph (d) Subject to Section 13(hb), the omission of the legend or the failure to send, deliver or provide the registered owner of shares of Common Stock a copy of the Summary of Rights shall not affect the enforceability of any part of this Agreement or the rights of any holder of the Rights. In the event that the Company purchases or otherwise acquires any shares of Common Stock after the Separation Record Date but prior to the Expiration Distribution Date, any Rights associated with such shares of Common Stock shall be cancelled and retired so that the Company is not entitled to exercise any Rights associated with the shares of Common Stock that are no longer outstanding.
(c) Until the Distribution Date, the Rights shall be transferable only be issued in connection with the issuance transfer of the underlying shares of Common Shares upon the exercise of stock options granted prior Stock (including a transfer to the Separation Date Company).
(d) As soon as practicable after the Distribution Date, the Company will prepare and execute, and upon written request of the Company, the Rights Agent will countersign and the Company will send or upon cause to be sent (and the exerciseRights Agent will, conversion or exchange of securities issued if so requested by the Company prior in writing and provided with all necessary information and documents, at the expense of the Company, send) by first-class, insured, postage-prepaid mail, to the Separation Date; provided, however, that if, pursuant to the terms of any option, or exercise, conversion or exchange of securities, the number each record holder of shares issuable thereunder is adjusted after of Common Stock as of the Separation DateClose of Business on the Distribution Date (other than any Acquiring Person or any Related Person of an Acquiring Person), at the address of such holder shown on the records of the Company, one or more rights certificates, in substantially the form of Exhibit C hereto (the “Rights Certificate”), evidencing one Right for each share of Common Stock so held, subject to adjustment as provided herein. In the event that an adjustment in the number of Rights issuable upon issuance per share of Common Stock has been made pursuant to Section 11 hereof, at the time of distribution of the shares Rights Certificates, the Company may make the necessary and appropriate rounding adjustments (in accordance with Section 14(a) hereof) so that Rights Certificates representing only whole numbers of Rights are distributed and, if such adjustments are made, the Company may pay cash in lieu of any fractional Rights (in accordance with Section 14(a) hereof). As of and after the Distribution Date, the Rights shall be equal only to evidenced solely by such Rights Certificates, and the number Rights Certificates and the Rights shall be transferable separately from the transfer of shares which would have been issuable Common Stock. The Company shall promptly notify the Rights Agent in writing upon the occurrence of the Distribution Date and, if such notification is given orally, the Company shall confirm the same in writing on or prior to the adjustmentBusiness Day next following. Until such written notice is received by the Rights Agent, the Rights Agent may presume conclusively for all purposes that the Distribution Date has not occurred.
Appears in 2 contracts
Sources: Tax Benefits Preservation Plan (Edgio, Inc.), Tax Benefits Preservation Plan
Issue of Rights Certificates. (a) Until the Separation Date, (x) the Rights will be evidenced by the certificates for the Common Shares registered in the names of the holders of the Common Shares (which certificates for Common Shares shall be deemed also to be certificates for Rights) and not by separate certificates, and (y) the Rights will be transferable only in connection with the transfer of the underlying Common Shares (including a transfer to the Company). As soon as practicable after the Separation Date, the Rights Agent will send by first-class, insured, postage prepaid mail, to each record holder of the Common Shares as of the Close of Business on the Separation Date, at the address of such holder shown on the records of the Company, a Rights certificate, in substantially the form of Exhibit A hereto (the "Rights Certificates"), evidencing one Right for each Common Share so held. As of and after the Separation Date, the Rights will be evidenced solely by such Rights Certificates.
(b) As promptly as practicable following the Record Date, the Company will send or deliver a copy of a Summary of RightsRights to Purchase Series D Preferred Stock, in substantially the form attached hereto as Exhibit B (the "Summary of Rights"), by first-class, postage prepaid mail to each record holder of Common Shares Stock as of the Close of Business on the Record Date, Date at the address of such holder shown on the records of the Company. With respect to certificates for shares of Common Stock outstanding as of the Record Date, until the Distribution Date, the Rights will be evidenced by such certificates for the Common Stock and the registered holders of the Common Stock shall also be the registered holders of the associated Rights. Until the Distribution Date (or the earlier Expiration Date or Final Expiration Date), the transfer of any certificate representing shares of Common Stock in respect of which Rights have been issued shall also constitute the transfer of the Rights associated with the shares of Common Stock represented thereby.
(cb) Certificates for the Rights shall be issued in respect of all shares of Common Shares Stock issued (including reissuance of treasury shareswhether originally issued or from the Company's treasury) after the Record Date but prior to the earlier of the Separation Distribution Date or the Expiration Date or the Final Expiration Date. Rights shall also be issued to the extent provided in Section 22 in respect of all shares of Common Stock which are issued (as hereinafter definedwhether originally issued or from the Company's treasury) after the Distribution Date and prior to the Expiration Date. Certificates representing such shares of Common Stock shall also be deemed also to be certificates for Rights (and Rights shall be issued in respect thereof)Rights, and shall bear the following legend: "legend (in addition to any other legends that may be required): This certificate Certificate also evidences and entitles the holder hereof to certain Rights as set forth in the a Rights Agreement between Coachmen Industries▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Residential Realty, Inc. Inc., a Maryland corporation (the "CompanyCorporation") and First Chicago Trust Company of New YorkUnion National Bank (the "Rights Agent"), dated as of January 5December __, 2000 and effective January 12, 2000 1998 (the "Rights Agreement"), the terms of which are hereby incorporated herein by reference and a copy of which is on file at the principal executive offices of the CompanyCorporation. Under certain circumstances, as set forth in the Rights Agreement, such Rights will be evidenced by separate certificates and will no longer be evidenced by this certificateCertificate. The Company Corporation will mail to the holder of this certificate Certificate a copy of the Rights Agreement as in effect on the date of mailing without charge promptly after receipt of a written request therefor. Under certain circumstancescircumstances set forth in the Rights Agreement, Rights beneficially owned by issued to, or held by, any Person who is, was or becomes an Acquiring Persons Person or any Affiliates Affiliate or Associates Associate thereof (as such terms are defined in the Rights Agreement) and ), whether currently held by or on behalf of such Person or by any subsequent holder of such Rights holder, may become null and void. The Rights shall not be exercisable, and shall be null and void so long as held, by a holder in any jurisdiction where the requisite qualification of the issuance to such holder, or the exercise by such holder, of the Rights in such jurisdiction shall not have been obtained or be obtainable. With respect to such certificates containing the foregoing legend, until the earlier of (i) the Distribution Date or (ii) the Expiration Date, the Rights associated with the Common Stock represented by such certificates shall be evidenced by such certificates alone and registered holders of Common Stock shall also be the registered holders of the associated Rights, and the transfer of any such certificate shall also constitute the transfer of the Rights associated with the Common Stock represented thereby."
(c) Until the Distribution Date (i) the Rights will be evidenced (subject to the provisions of paragraph (a) of this Section 3) by the certificates for Common Stock registered in the names of the holders thereof (which certificates for Common Stock shall also be deemed to be Rights Certificates) and not by separate Rights Certificates, and (ii) the Rights will be transferable only in connection with the transfer of the underlying shares of Common Stock (including a transfer to the Company).
(d) Subject As soon as practicable after the Distribution Date, the Rights Agent upon notification thereof will send by first-class, insured, postage prepaid mail, to Section 13(heach record holder of Common Stock as of the Close of Business on the Distribution Date, at the address of such holder shown on the records of the Company, a rights certificate, in substantially the form of Exhibit C hereto (the "Rights Certificate"), after the Separation Date but prior to the Expiration Date, Rights shall only be issued in connection with the issuance evidencing one Right for each share of Common Shares upon Stock so held, subject to adjustment as provided herein. In the exercise of stock options granted prior to the Separation Date or upon the exercise, conversion or exchange of securities issued by the Company prior to the Separation Date; provided, however, event that if, pursuant to the terms of any option, or exercise, conversion or exchange of securities, the number of shares issuable thereunder is adjusted after the Separation Date, an adjustment in the number of Rights issuable upon issuance per share of Common Stock has been made pursuant to Section 11 hereof, at the time of distribution of the shares Rights Certificates, the Company shall make necessary and appropriate rounding adjustments (in accordance with Section 14(a) hereof) so that Rights Certificates representing only whole numbers of Rights are distributed and cash is paid in lieu of any fractional Rights. As of and after the Distribution Date, the Rights will be equal only evidenced solely by such Right Certificates.
(e) Notwithstanding anything to the number contrary set forth herein, if a timely and proper exercise of shares which would have been issuable a conversion right with respect to any Series A Preferred Shares is delivered to the Company on or prior to the adjustmentDistribution Date, the shares of Common Stock issuable upon exercise of such conversion right shall be deemed to have been issued prior to the Distribution Date, and any holder of a share of Common Stock issued upon such exercise of such right shall be entitled to receive the same number of Rights per share of Common Stock as if such holder were a record holder of Common Stock as of the Close of Business on the Distribution Date as provided in Section 3(d), even if issuance of shares of Common Stock upon such exercise of such right occurs after the Distribution Date.
Appears in 1 contract
Sources: Rights Agreement (Smith Charles E Residential Realty Inc)
Issue of Rights Certificates. (a) Until On the Separation Record Date, (x) the Rights will be evidenced by the certificates for the Common Shares registered in the names of the holders of the Common Shares (which certificates for Common Shares shall be deemed also to be certificates for Rights) and not by separate certificates, and (y) the Rights will be transferable only in connection with the transfer of the underlying Common Shares (including a transfer to the Company). As or as soon as practicable after thereafter, the Separation DateCompany shall send (directly or, at the expense of the Company, through the Rights Agent will send or its transfer agent if the Rights Agent or transfer agent is directed by first-classthe Company and provided with all necessary information and documents) a copy of a Summary of Rights to Purchase Preferred Stock, insured, postage prepaid mailin substantially the form attached hereto as Exhibit B and which may be appended to certificates that represent shares of Common Stock (the “Summary of Rights”), to each record holder of the Common Shares Stock as of the Close of Business on the Separation DateRecord Date (other than any Acquiring Person or any Associate or Affiliate of any Acquiring Person), at the address of such holder shown on the records of the CompanyCompany or transfer agent or register for Common Stock. With respect to certificates representing shares of Common Stock (or Book Entry shares of Common Stock) outstanding as of the Record Date, a Rights certificate, in substantially until the form of Exhibit A hereto (the "Rights Certificates"), evidencing one Right for each Common Share so held. As of and after the Separation Distribution Date, the Rights will shall be evidenced solely by such shares of Common Stock registered in the names of the holders thereof together with the Summary of Rights, and not by separate Rights Certificates. With respect to Book Entry shares of Common Stock outstanding as of the Record Date, until the Distribution Date, the Rights shall be evidenced by the balances indicated in the Book Entry account system of the transfer agent for the Common Stock together with the Summary of Rights. Until the earlier of the Distribution Date and the Expiration Date, the transfer of any shares of Common Stock outstanding on the Record Date (whether represented by certificates or evidenced by the balances indicated in the Book Entry account system of the transfer agent for the Common Stock, and, in either case, regardless of whether a copy of the Summary of Rights is submitted with the surrender or request for transfer), shall also constitute the transfer of the Rights associated with such shares of Common Stock.
(b) As promptly as practicable following the Record DateRights shall be issued, the Company will send a copy of a Summary of Rightswithout any further action, in substantially the form attached hereto as Exhibit B (the "Summary respect of Rights"), by first-class, postage prepaid mail to each record holder all shares of Common Shares as of the Close of Business on the Record Date, at the address of such holder shown on the records of Stock that become outstanding (whether originally issued or delivered from the Company.
(c) Certificates for the Common Shares issued (including reissuance of treasury shares’s treasury) after the Record Date but prior to the earlier of the Separation Distribution Date or and the Expiration Date (as hereinafter defined) shall be deemed Date; provided, however, that Rights also to be certificates for Rights (and Rights shall be issued to the extent provided in respect thereof)Section 22 hereof. Confirmation and account statements sent to holders of Common Stock for Book Entry form or, and in the case of certificated shares, certificates, representing such shares of Common Stock, issued after the Record Date shall bear a legend substantially in the following legendform: "“[This certificate certificate] [These shares] also evidences evidence[s] and entitles entitle[s] the holder hereof to certain Rights as set forth in the a Rights Agreement between Coachmen IndustriesDelek US Holdings, Inc. Inc., a Delaware corporation (the "“Company"”), and American Stock Transfer & Trust Company, LLC or any successor Rights Agent (the “Rights Agent”) and First Chicago Trust Company of New York, dated as of January 5March 20, 2000 and effective January 122020, 2000 as the same may be amended or supplemented from time to time (the "“Rights Agreement"”), the terms of which are hereby incorporated herein by reference and a copy of which is on file at the principal executive offices of the Company. Under certain circumstances, as set forth in the Rights Agreement, such Rights will shall be evidenced by separate certificates and will no longer be evidenced by [this certificate] [these shares]. The Company will mail to the holder of [this certificate certificate] [these shares] a copy of the Rights Agreement as in effect on the date of mailing without charge promptly after receipt of a written request therefor. Under certain circumstances, as set forth in the Rights beneficially owned Agreement, Rights that are Beneficially Owned by any Person who is, was or becomes an Acquiring Persons Person or any Affiliates or Associates Related Person thereof (as such capitalized terms are defined in the Rights Agreement) and any subsequent holder ), or specified transferees of such Rights Acquiring Person (or Related Person thereof) may become null and voidvoid and will no longer be transferable."
” With respect to all certificates representing shares of Common Stock containing the foregoing legend, until the earliest of the Distribution Date and the Expiration Date, the Rights associated with the Common Stock represented by such certificates shall be evidenced by such certificates alone and registered holders of Common Stock shall also be the registered holders of the associated Rights, and the transfer of any such certificate shall also constitute the transfer of the Rights associated with the shares of Common Stock represented by such certificates. With respect to Common Stock in Book Entry form for which there has been sent a confirmation or account statement containing the foregoing legend, until the earliest of the Distribution Date and the Expiration Date, the Rights associated with the Common Stock shall be evidenced by such Common Stock alone and registered holders of Common Stock shall also be the registered holders of the associated Rights, and the transfer of any such Common Stock shall also constitute the transfer of the Rights associated with such shares of Common Stock. Notwithstanding this paragraph (d) Subject to Section 13(hb), the omission of the legend or the failure to send, deliver or provide the registered owner of shares of Common Stock a copy of the Summary of Rights shall not affect the enforceability of any part of this Agreement or the rights of any holder of the Rights. In the event that the Company purchases or otherwise acquires any shares of Common Stock after the Separation Record Date but prior to the Expiration Distribution Date, any Rights associated with such shares of Common Stock shall be cancelled and retired so that the Company is not entitled to exercise any Rights associated with the shares of Common Stock that are no longer outstanding.
(c) Until the Distribution Date, the Rights shall be transferable only be issued in connection with the issuance transfer of the underlying shares of Common Shares upon the exercise of stock options granted prior Stock (including a transfer to the Separation Date or upon Company).
(d) As soon as practicable after the exerciseDistribution Date, conversion or exchange of securities issued by the Company prior will prepare and execute, and the Rights Agent will countersign and the Company will send or cause to be sent (and the Separation Date; providedRights Agent will, howeverif so requested and provided with all necessary information and documents, that ifat the expense of the Company, pursuant send) by first-class, insured, postage-prepaid mail, to the terms of any option, or exercise, conversion or exchange of securities, the number each record holder of shares issuable thereunder is adjusted after of Common Stock as of the Separation DateClose of Business on the Distribution Date (other than any Acquiring Person or any Related Person of an Acquiring Person), at the address of such holder shown on the records of the Company, one or more rights certificates, in substantially the form of Exhibit C hereto (the “Rights Certificate”), evidencing one Right for each share of Common Stock so held, subject to adjustment as provided herein. In the event that an adjustment in the number of Rights issuable upon issuance per share of Common Stock has been made pursuant to Section 11 hereof, at the time of distribution of the shares Rights Certificates, the Company shall make the necessary and appropriate rounding adjustments (in accordance with Section 14(a) hereof) so that Rights Certificates representing only whole numbers of Rights are distributed and cash is paid in lieu of any fractional Rights. As of and after the Distribution Date, the Rights shall be equal only to evidenced solely by such Rights Certificates, and the number Rights Certificates and the Rights shall be transferable separately from the transfer of shares which would have been issuable Common Stock. The Company shall promptly notify the Rights Agent in writing upon the occurrence of the Distribution Date and, if such notification is given orally, the Company shall confirm the same in writing on or prior to the adjustmentBusiness Day next following. Until such written notice is received by the Rights Agent, the Rights Agent may presume conclusively for all purposes that the Distribution Date has not occurred.
Appears in 1 contract
Issue of Rights Certificates. (a) Until the Separation Distribution Date, (x) the Rights will be evidenced by the certificates for the Common Shares Stock registered in the names of the holders of the Common Shares (which certificates for Common Shares shall be deemed also to be certificates for Rights) Stock and not by separate certificates, and (y) the Rights will be transferable only in connection with the transfer of the underlying shares of Common Shares Stock (including a transfer to the Company). As soon as practicable after the Separation Distribution Date, the Rights Agent will send by first-class, insured, postage prepaid mail, to each record holder of the Common Shares Stock as of the Close close of Business business on the Separation DateDistribution Date (other than any Person referred to in the first sentence of Section 7(e) hereof), at the address of such holder shown on the records of the Company, a Rights certificate, in substantially the form of Exhibit A hereto (the "one or more Rights Certificates"), evidencing one Right for each share of Common Share Stock so held, subject to adjustment as provided herein. In the event that an adjustment in the number of Rights per share of Common Stock has been made pursuant to Section 11(p) hereof, at the time of distribution of the Rights Certificates, the Company shall make the necessary and appropriate rounding adjustments (in accordance with Section 14(a) hereof) so that Rights Certificates representing only whole numbers of Rights are distributed and cash is paid in lieu of any fractional Rights. As of and after the Separation Distribution Date, the Rights will be evidenced solely by such Rights Certificates.
(b) As promptly as practicable following the Record Date, the Company One Right will send a copy be issued in respect of a Summary of Rights, in substantially the form attached hereto as Exhibit B (the "Summary of Rights"), by first-class, postage prepaid mail to each record holder share of Common Shares Stock issued and outstanding as of the Close close of Business business on the Record Date, at . Certificates issued for such shares of Common Stock and for shares of Common Stock that are issued or shall be transferred or exchanged after the address of such holder shown on Record Date but prior to the records earlier of the CompanyDistribution Date or the Expiration Date shall also be deemed to be certificates for Rights, and shall bear the legend referred to in paragraph (c) of this Section 3.
(c) Certificates for the Rights shall be issued in respect of all shares of Common Shares Stock that are issued (including reissuance of treasury shareswhether originally issued or delivered from the Company’s treasury) after the Record Date but prior to the earlier of the Separation Distribution Date or the Expiration Date (as hereinafter defined) or, in certain circumstances provided in Section 22 hereof, after the Distribution Date. Certificates issued for shares of Common Stock that shall so become outstanding or shall be transferred or exchanged after the Record Date but prior to the earlier of the Distribution Date or the Expiration Date shall also be deemed also to be certificates for Rights (and Rights shall be issued in respect thereof)Rights, and shall bear the following legend: "This certificate also evidences and entitles the holder hereof to certain Rights as set forth in the Rights Agreement between Coachmen Industries, Innospec Inc. (the "“Company"”) and First Chicago Computershare Trust Company of New YorkCompany, N.A. (the “Rights Agent”), dated as of January 5, 2000 and effective January June 12, 2000 2009 as it may from time to time be supplemented or amended (the "“Rights Agreement"”), the terms of which are hereby incorporated herein by reference and a copy of which is on file at the principal offices of the Company. Under certain circumstances, as set forth in the Rights Agreement, such Rights will may be redeemed, may be exchanged, may expire or may be evidenced by separate certificates and will no longer be evidenced by this certificate. The Company or the Rights Agent will mail to the holder of this certificate a copy of the Rights Agreement Agreement, as in effect on the date of mailing, without charge promptly after receipt of a written request therefor. Under certain circumstancesUNDER CERTAIN CIRCUMSTANCES SET FORTH IN THE RIGHTS AGREEMENT, Rights beneficially owned by Acquiring Persons RIGHTS BENEFICIALLY OWNED BY OR TRANSFERRED TO ANY PERSON WHO IS, WAS OR BECOMES AN ACQUIRING PERSON OR AN AFFILIATE OR ASSOCIATE THEREOF (AS SUCH TERMS ARE DEFINED IN THE RIGHTS AGREEMENT), AND CERTAIN TRANSFEREES THEREOF, WILL BECOME NULL AND VOID AND WILL NO LONGER BE TRANSFERABLE. With respect to such certificates containing the foregoing legend, until the earlier of the Distribution Date or any Affiliates or Associates thereof (as defined in the Expiration Date, the Rights Agreement) associated with the Common Stock represented by such certificates shall be evidenced by such certificates alone, and registered holders of Common Stock shall also be the registered holders of the associated Rights, and the transfer of any subsequent holder of such certificates shall also constitute the transfer of the Rights may become null and void."
(d) Subject to Section 13(h), associated with the Common Stock represented by such certificates. If the Company purchases or acquires any shares of Common Stock after the Separation Record Date but prior to the Expiration Distribution Date, any Rights associated with such shares of Common Stock shall only be issued in connection deemed canceled and retired so that the Company shall not be entitled to exercise any Rights associated with the issuance shares of Common Shares upon the exercise of stock options granted prior to the Separation Date or upon the exercise, conversion or exchange of securities issued by the Company prior to the Separation Date; provided, however, that if, pursuant to the terms of any option, or exercise, conversion or exchange of securities, the number of shares issuable thereunder is adjusted after the Separation Date, the number of Rights issuable upon issuance of the shares shall be equal only to the number of shares Stock which would have been issuable prior to the adjustmentare no longer outstanding.
Appears in 1 contract
Sources: Rights Agreement (Innospec Inc.)
Issue of Rights Certificates. (a) Until the Separation Distribution Date, (xi) the Rights will be evidenced (subject to the provisions of Section 3(b) hereof) by the certificates for the representing shares of Common Shares Stock registered in the names of the holders of the Common Shares Stock (which certificates for Common Shares shall be deemed also to be certificates for the associated Rights) and not by separate rights certificates, and (yii) the Rights will be transferable only in connection with the transfer of the underlying associated shares of Common Shares (including a transfer to the Company)Stock. As soon as practicable after the Separation Distribution Date, the Rights Agent will send by first-first- class, insured, postage prepaid mail, to each record holder of the Common Shares Stock as of the Close of Business on the Separation Distribution Date, at the address of such holder shown on the stock transfer records of the Company, a Rights certificateone or more rights certificates, in substantially the form of Exhibit A B hereto (the "Rights Certificates"), evidencing one Right for each Common Share so heldin the aggregate that number of Rights to which such holder is entitled in accordance with the provisions of this Agreement. As of and after the Separation Distribution Date, the Rights will be evidenced solely by such Rights Certificates. The Rights are exercisable only in accordance with the provisions of Section 7 hereof and are redeemable only in accordance with Section 23 hereof.
(b) As promptly soon as practicable following after the Dividend Record Date, the Company will send cause a copy of a Summary of Rights, in substantially the form attached hereto as Exhibit B C (the "Summary of Rights"), to be sent by first-class, postage prepaid mail mail, to each record holder of the Common Shares Stock as of the Close of Business on the Dividend Record Date, at the address of such holder shown on the stock transfer records of the Company. With respect to certificates for the Common Stock outstanding as of the Dividend Record Date, until the Distribution Date, the Rights associated with the shares of Common Stock represented by such certificates will be evidenced by such certificates for the Common Stock and the registered holders of the Common Stock shall also be the registered holders of the associated Rights. Until the Distribution Date (or the earlier redemption, expiration or termination of the Rights), the surrender for transfer of any of the certificates representing shares of the Common Stock outstanding on the Dividend Record Date, with or without a copy of the Summary of Rights, shall also constitute the transfer of the Rights associated with the Common Stock represented by such certificate.
(c) Certificates for the Rights shall be issued in respect of all shares of Common Shares Stock issued (including reissuance of treasury shareswhether originally issued or delivered from the Company's treasury) after the Dividend Record Date but prior to the earlier earliest of (i) the Distribution Date, (ii) the Expiration Date, or (iii) the redemption of the Separation Date Rights. Certificates representing such shares of Common Stock and certificates issued on transfer of such shares of Common Stock, with or without a copy of the Expiration Summary of Rights, prior to the Distribution Date (as hereinafter definedor earlier expiration or redemption of the Rights) shall be deemed also to be certificates for Rights (and Rights shall be issued in respect thereof)the associated Rights, and commencing as soon as reasonably practicable following the Dividend Record Date shall bear the following legend: "legend (or a legend substantially in the form thereof): This certificate also evidences and entitles the holder hereof to certain Rights as set forth in the a Rights Agreement between Coachmen Industriesthe issuer and Fleet National Bank, Inc. as Rights Agent (the "CompanyRights Agent") and First Chicago Trust Company of New York), dated as of January 5, 2000 and effective January 12June 13, 2000 (the "Rights Agreement"), the terms of which are hereby incorporated herein by reference and a copy of which is on file at the principal offices of both the Companyissuer and the Rights Agent. The Rights Agent will mail to the registered holder of this certificate a copy of the Rights Agreement, as in effect on the date of mailing, without charge upon written request. Under certain circumstances, as circumstances set forth in the Rights Agreement, such Rights will be evidenced by separate certificates and will no longer be evidenced by this certificate. The Company will mail to the holder of this certificate a copy of Under certain circumstances set forth in the Rights Agreement without charge promptly after receipt of a written request therefor. Under certain circumstancesAgreement, Rights beneficially owned issued to, or held by any Person who is, was or becomes, or acquires shares from, an Acquiring Persons Person or any Affiliates or Associates thereof Affiliate of an Acquiring Person (as each such term is defined in the Rights Agreement) Agreement and any subsequent holder generally relating to the ownership or purchase of large shareholdings), whether currently held by or on behalf of such Rights Person or Affiliate or by certain subsequent holders, may become null and void."
(d) Subject to Section 13(h). Until the Distribution Date or the earlier redemption, after expiration or termination of the Separation Date but prior to Rights, the Expiration Date, Rights shall only be issued in connection associated with the issuance Common Stock shall be evidenced by the Common Stock certificates alone and the registered holders of Common Shares upon Stock shall also be the exercise registered holders of stock options granted prior to the Separation Date or upon associated Rights, and the exercise, conversion or exchange of securities issued by the Company prior to the Separation Date; provided, however, that if, pursuant to the terms surrender for transfer of any option, or exercise, conversion or exchange of securities, such certificates shall also constitute the number of shares issuable thereunder is adjusted after the Separation Date, the number of Rights issuable upon issuance transfer of the shares shall be equal only to Rights associated with the number of shares which would have been issuable prior to the adjustmentCommon Stock represented by such certificate.
Appears in 1 contract
Issue of Rights Certificates. (a) Until the Separation Date, (x) the Rights will be evidenced by the certificates for the Common Shares registered in the names of the holders of the Common Shares (which certificates for Common Shares shall be deemed also to be certificates for Rights) and not by separate certificates, and (y) the Rights will be transferable only in connection with the transfer of the underlying Common Shares (including a transfer to the Company). As soon as practicable after the Separation Date, the Rights Agent will send by first-class, insured, postage prepaid mail, to each record holder of the Common Shares as of the Close of Business on the Separation Date, at the address of such holder shown on the records of the Company, a Rights certificate, in substantially the form of Exhibit A hereto (the "Rights Certificates"), evidencing one Right for each Common Share so held. As of and after the Separation Date, the Rights will be evidenced solely by such Rights Certificates.
(b) As promptly as practicable following the Record Date, the Company will send or deliver a copy of a Summary of RightsRights to Purchase Series A Preferred Stock, in substantially the form attached hereto as Exhibit B (the --------- "Summary of Rights"), by first-class, postage prepaid mail to each record holder of Common Shares Stock as of the Close of Business on the Record Date, Date at the address of such holder shown on the records of the Company. With respect to certificates for shares of Common Stock outstanding as of the Record Date, until the Distribution Date, the Rights will be evidenced by such certificates for the Common Stock and the registered holders of the Common Stock shall also be the registered holders of the associated Rights. Until the Distribution Date (or the earlier Expiration Date or Final Expiration Date), the transfer of any certificate representing shares of Common Stock in respect of which Rights have been issued shall also constitute the transfer of the Rights associated with the shares of Common Stock represented thereby.
(cb) Certificates for the Rights shall be issued in respect of all shares of Common Shares Stock issued (including reissuance of treasury shareswhether originally issued or from the Company's treasury) after the Record Date but prior to the earlier of the Separation Distribution Date or the Expiration Date or the Final Expiration Date. Rights shall also be issued to the extent provided in Section 22 in respect of all shares of Common Stock which are issued (as hereinafter definedwhether originally issued or from the Company's treasury) after the Distribution Date and prior to the Expiration Date. Certificates representing such shares of Common Stock shall also be deemed also to be certificates for Rights (and Rights shall be issued in respect thereof)Rights, and shall bear the following legend: "legend (in addition to any other legends that may be required): This certificate Certificate also evidences and entitles the holder hereof to certain Rights as set forth in the a Rights Agreement between Coachmen IndustriesCrestline Capital Corporation, Inc. a Maryland corporation (the "CompanyCorporation") and First Chicago Trust Company The Bank of New YorkYork (the "Rights Agent"), dated as of January 5December 14, 2000 and effective January 12, 2000 1998 (the "Rights Agreement"), the terms of which are hereby incorporated herein by reference and a copy of which is on file at the principal executive offices of the CompanyCorporation. Under certain circumstances, as set forth in the Rights Agreement, such Rights will be evidenced by separate certificates and will no longer be evidenced by this certificateCertificate. The Company Corporation will mail to the holder of this certificate Certificate a copy of the Rights Agreement as in effect on the date of mailing without charge promptly after receipt of a written request therefor. Under certain circumstancescircumstances set forth in the Rights Agreement, Rights beneficially owned by issued to, or held by, any Person who is, was or becomes an Acquiring Persons Person or any Affiliates Affiliate or Associates Associate thereof (as such terms are defined in the Rights Agreement) and ), whether currently held by or on behalf of such Person or by any subsequent holder of such Rights holder, may become null and void. The Rights shall not be exercisable, and shall be null and void so long as held, by a holder in any jurisdiction where the requisite qualification of the issuance to such holder, or the exercise by such holder, of the Rights in such jurisdiction shall not have been obtained or be obtainable. With respect to such certificates containing the foregoing legend, until the earlier of (i) the Distribution Date or (ii) the Expiration Date, the Rights associated with the Common Stock represented by such certificates shall be evidenced by such certificates alone and registered holders of Common Stock shall also be the registered holders of the associated Rights, and the transfer of any such certificate shall also constitute the transfer of the Rights associated with the Common Stock represented thereby."
(c) Until the Distribution Date (i) the Rights will be evidenced (subject to the provisions of paragraph (a) of this Section 3) by the certificates for Common Stock registered in the names of the holders thereof (which certificates for Common Stock shall also be deemed to be Rights Certificates) and not by separate Rights Certificates, and (ii) the Rights will be transferable only in connection with the transfer of the underlying shares of Common Stock (including a transfer to the Company).
(d) Subject As soon as practicable after the Distribution Date, the Rights Agent upon notification thereof will send by first-class, insured, postage prepaid mail, to Section 13(heach record holder of Common Stock as of the Close of Business on the Distribution Date, at the address of such holder shown on the records of the Company, a rights certificate, in substantially the form of Exhibit C hereto --------- (the "Rights Certificate"), after the Separation Date but prior to the Expiration Date, Rights shall only be issued in connection with the issuance evidencing one Right for each share of Common Shares upon Stock so held, subject to adjustment as provided herein. In the exercise of stock options granted prior to the Separation Date or upon the exercise, conversion or exchange of securities issued by the Company prior to the Separation Date; provided, however, event that if, pursuant to the terms of any option, or exercise, conversion or exchange of securities, the number of shares issuable thereunder is adjusted after the Separation Date, an adjustment in the number of Rights issuable upon issuance per share of Common Stock has been made pursuant to Section 11 hereof, at the time of distribution of the shares Rights Certificates, the Company shall make necessary and appropriate rounding adjustments (in accordance with Section 14(a) hereof) so that Rights Certificates representing only whole numbers of Rights are distributed and cash is paid in lieu of any fractional Rights. As of and after the Distribution Date, the Rights will be equal only to the number of shares which would have been issuable prior to the adjustmentevidenced solely by such Right Certificates.
Appears in 1 contract
Issue of Rights Certificates. (a) Until the Separation Distribution Date, (x) the Rights will be evidenced (subject to the provisions of paragraph (b) of this Section 3) by the certificates for the Common Shares Stock registered in the names of the holders of the Common Shares (which certificates for Common Shares shall be deemed also to be certificates for Rights) Stock and not by separate certificates, and (y) the Rights will be transferable only in connection with the transfer of the underlying shares of Common Shares Stock (including a transfer to the Company). As soon as practicable after the Separation Distribution Date, the Rights Agent will send by first-class, insured, postage prepaid mail, to each record holder of the Common Shares Stock as of the Close close of Business business on the Separation DateDistribution Date (other than any Person referred to in the first sentence of Section 7(e)), at the address of such holder shown on the records of the Company, a Rights certificate, in substantially the form of Exhibit A hereto (the "one or more Rights Certificates"), evidencing one Right for each share of Common Share Stock so held, subject to adjustment as provided herein. In the event that an adjustment in the number of Rights per share of Common Stock has been made pursuant to Section 11(p) hereof, at the time of distribution of the Rights Certificates, the Company shall make the necessary and appropriate rounding adjustments (in accordance with Section 14(a) hereof) so that Rights Certificates representing only whole numbers of Rights are distributed and cash is paid in lieu of any fractional Rights. As of and after the Separation Distribution Date, the Rights will be evidenced solely by such Rights Certificates.
(b) As promptly as practicable following the Record Date, the Company will send a copy of a Summary of Rights, in substantially the form attached hereto as Exhibit B (the "Summary of Rights")C, by first-class, postage prepaid mail mail, to each record holder of Common Shares Stock as of the Close close of Business business on the Record Date, at the address of such holder shown on the records of the Company. With respect to certificates for Common Stock outstanding as of the Record Date, until the Distribution Date or the earlier surrender for transfer thereof or the Expiration Date, the Rights associated with the shares of Common Stock represented by such certificates shall be evidenced by such certificates for Common Stock together with the Summary of Rights, and the registered holders of the Common Stock shall also be the registered holders of the associated Rights. Until the earlier of the Distribution Date or the Expiration Date, the transfer of any of the certificates for Common Stock outstanding on the Record Date, with or without a copy of the Summary of Rights, shall also constitute the transfer of the Rights associated with the Common Stock represented by such certificates.
(c) Certificates for the Rights shall be issued in respect of all shares of Common Shares Stock that are issued (including reissuance of treasury shareswhether originally issued or delivered from the Company's treasury) after the Record Date but prior to the earlier of the Separation Distribution Date or the Expiration Date (as hereinafter defined) or, in certain circumstances provided in Section 22 hereof, after the Distribution Date. Certificates issued representing such shares of Common Stock that shall so become outstanding or shall be transferred or exchanged after the Record Date but prior to the earlier of the Distribution Date or the Expiration Date shall also be deemed also to be certificates for Rights (and Rights shall be issued in respect thereof)Rights, and shall bear the following legend: "This certificate also evidences and entitles the holder hereof to certain Rights as set forth in the Rights Agreement between Coachmen Industries, Inc. Cleco Corporation (the "Company") and First Chicago Equiserve Trust Company of New York, (the "Rights Agent") dated as of January 5July 28, 2000 and effective January 12, 2000 as it may from time to time be supplemented or amended (the "Rights Agreement"), the terms of which are hereby incorporated herein by reference and a copy of which is on file at the principal offices of the Company. Under certain circumstances, as set forth in the Rights Agreement, such Rights will may be redeemed, may be exchanged, may expire or may be evidenced by separate certificates and will no longer be evidenced by this certificate. The Company will mail to the holder of this certificate a copy of the Rights Agreement Agreement, as in effect on the date of mailing, without charge promptly after receipt of a written request therefor. Under certain circumstancesUNDER CERTAIN CIRCUMSTANCES SET FORTH IN THE RIGHTS AGREEMENT, Rights beneficially owned by Acquiring Persons or any Affiliates or Associates thereof RIGHTS BENEFICIALLY OWNED BY OR TRANSFERRED TO ANY PERSON WHO IS, WAS OR BECOMES AN ACQUIRING PERSON OR AN AFFILIATE OR ASSOCIATE THEREOF (as defined in the Rights Agreement) and any subsequent holder of such Rights may become null and void."
(d) Subject to Section 13(hAS SUCH TERMS ARE DEFINED IN THE RIGHTS AGREEMENT), after AND CERTAIN TRANSFEREES THEREOF, WILL BECOME NULL AND VOID AND WILL NO LONGER BE TRANSFERABLE. With respect to such certificates containing the Separation foregoing legend, until the earlier of the Distribution Date but prior to or the Expiration Date, the Rights shall only be issued in connection associated with the issuance Common Stock represented by such certificates shall be evidenced by such certificates alone, and registered holders of Common Shares upon Stock shall also be the exercise registered holders of stock options granted prior to the Separation Date or upon associated Rights, and the exercise, conversion or exchange of securities issued by the Company prior to the Separation Date; provided, however, that if, pursuant to the terms transfer of any option, or exercise, conversion or exchange of securities, such certificates shall also constitute the number of shares issuable thereunder is adjusted after the Separation Date, the number of Rights issuable upon issuance transfer of the shares shall be equal only to Rights associated with the number of shares which would have been issuable prior to the adjustmentCommon Stock represented by such certificates.
Appears in 1 contract
Sources: Rights Agreement (Cleco Corp)
Issue of Rights Certificates. (a) Until the Separation Date, (x) the Rights will be evidenced by the certificates for the Common Shares registered in the names of the holders of the Common Shares (which certificates for Common Shares shall be deemed also to be certificates for Rights) and not by separate certificates, and (y) the Rights will be transferable only in connection with the transfer of the underlying Common Shares (including a transfer to the Company). As soon as practicable after the Separation Date, the Rights Agent will send by first-class, insured, postage prepaid mail, to each record holder of the Common Shares as of the Close of Business on the Separation Date, at the address of such holder shown on the records of the Company, a Rights certificate, in substantially the form of Exhibit A hereto (the "Rights Certificates"), evidencing one Right for each Common Share so held. As of and after the Separation Date, the Rights will be evidenced solely by such Rights Certificates.
(b) As promptly as practicable following the Record Date, the Company will send or deliver a copy of a Summary of RightsRights to Purchase Preferred Stock, in substantially the form attached hereto as Exhibit B (the "Summary of Rights"), by first-class, postage prepaid mail to each record holder of Common Shares Stock of the Company as of the Close of Business on the Record Date, Date at the address of such holder shown on the records of
(b) Rights shall be issued in respect of all shares of Common Stock of the Company.
(c) Certificates for the Common Shares Company issued (including reissuance of treasury shareswhether originally issued or from the Company's treasury) after the Record Date but prior to the earlier of the Separation Distribution Date or the Expiration Date or the Final Expiration Date. Rights shall also be issued to the extent provided in Section 22 in respect of all shares of Common Stock which are issued (as hereinafter definedwhether originally issued or from the Company's treasury) after the Distribution Date and prior to the Expiration Date. Certificates representing such shares of Common Stock shall also be deemed also to be certificates for Rights (and Rights shall be issued in respect thereof)Rights, and shall bear the following legend: "legend (in addition to any other legends that may be required): This certificate also evidences and entitles the holder hereof to certain Rights as set forth in the a Rights Agreement between Coachmen IndustriesBTG, Inc. (the "Company") and First Chicago Trust Company of New York, Union National Bank (the "Rights Agent") dated as of January 5September 16, 2000 and effective January 12, 2000 1998 (the "Rights Agreement"), the terms of which are hereby incorporated herein by reference and a copy of which is on file at the principal executive offices of the Company. Under certain circumstances, as set forth in the Rights Agreement, such Rights will be evidenced by separate certificates and will no longer be evidenced by this certificate. The Company will mail to the holder of this certificate a copy of the Rights Agreement as in effect on the date of mailing without charge promptly after receipt of a written request therefor. Under certain circumstancescircumstances set forth in the Rights Agreement, Rights beneficially owned by issued to, or held by, any Person who is, was or becomes an Acquiring Persons Person or any Affiliates Affiliate or Associates Associate thereof (as such terms are defined in the Rights Agreement) and ), whether currently held by or on behalf of such Person or by any subsequent holder of such Rights holder, may become null and void. The Rights shall not be exercisable, and shall be void so long as held, by a holder in any jurisdiction where the requisite qualification of the issuance to such holder, or the exercise by such holder, of the Rights in such jurisdiction shall not have been obtained or be obtainable. With respect to such certificates containing the foregoing legend, until the earlier of (i) the Distribution Date or (ii) the Expiration Date, the Rights associated with the Common Stock represented by such
(c) Until the Distribution Date (i) the Rights will be evidenced (subject to the provisions of paragraph (a) of this Section 3) by the certificates for Common Stock registered in the names of the holders thereof (which certificates for Common Stock shall also be deemed to be Rights Certificates) and not by separate Rights Certificates, and (ii) the Rights will be transferable only in connection with the transfer of the underlying shares of Common Stock (including a transfer to the Company)."
(d) Subject As soon as practicable after the Distribution Date, the Rights Agent will send by first-class, insured, postage prepaid mail, to Section 13(heach record holder of Common Stock as of the Close of Business on the Distribution Date, at the address of such holder shown on the records of the Company, a rights certificate, in substantially the form of Exhibit C hereto (the "Rights Certificate"), after the Separation Date but prior to the Expiration Date, Rights shall only be issued in connection with the issuance evidencing one Right for each share of Common Shares upon Stock so held, subject to adjustment as provided herein. In the exercise of stock options granted prior to the Separation Date or upon the exercise, conversion or exchange of securities issued by the Company prior to the Separation Date; provided, however, event that if, pursuant to the terms of any option, or exercise, conversion or exchange of securities, the number of shares issuable thereunder is adjusted after the Separation Date, an adjustment in the number of Rights issuable upon issuance per share of Common Stock has been made pursuant to Section 11(p) hereof, at the time of distribution of the shares Rights Certificates, the Company shall make necessary and appropriate rounding adjustments (in accordance with Section 14(a) hereof) so that Rights Certificates representing only whole numbers of Rights are distributed and cash is paid in lieu of any fractional Rights. As of and after the Distribution Date, the Rights will be equal only to the number of shares which would have been issuable prior to the adjustmentevidenced solely by such Rights Certificates.
Appears in 1 contract
Sources: Rights Agreement (BTG Inc /Va/)
Issue of Rights Certificates. (a) Until the Separation tenth (10th) day after the Shares Acquisition Date (including any such date which is after the date of this Agreement and before the issuance of the Rights; the “Distribution Date”), (x) the Rights will be evidenced (subject to the provisions of Section 3(b) hereof) by the certificates for the Common Shares of the Company registered in the names of the holders of the Common Shares thereof (which certificates for Common Shares shall also be deemed also to be certificates for RightsRights Certificates) and not by separate certificatesRights Certificates, and (y) the right to receive Rights Certificates will be transferable only in connection with the transfer of the underlying Common Shares (including a transfer to of the Company). As soon as practicable after the Separation Distribution Date, the Company will prepare and execute, the Rights Agent will countersign, and the Company will send or cause to be sent (and the Rights Agent will, if requested, send) by first-classfirst‑class, insured, postage prepaid postage‑prepaid mail, to each record holder of the Common Shares of the Company as of the Close of Business on the Separation Distribution Date, at the address of such holder shown on the records of the Company, a Rights certificateCertificate, in substantially the form of Exhibit A B hereto (the "a “Rights Certificates"Certificate”), evidencing one Right for each Common Share of the Company so held, subject to adjustment as provided herein. As of and after the Separation Distribution Date, the Rights will be evidenced solely by such Rights Certificates.
(b) As promptly as practicable following On the Record Date, or as soon as practicable thereafter, the Company will send or cause to be sent (and the Rights Agent will, if requested, send) a copy of a Summary of RightsRights to Purchase Preferred Shares, in substantially the form attached of Exhibit C hereto as Exhibit B (the "“Summary of Rights"”), by first-classfirst‑class, postage prepaid mail postage‑prepaid mail, to each record holder of Common Shares of the Company as of the Close of Business on the Record Date, at the address of such holder shown on the records of the Company. With respect to certificates for Common Shares of the Company outstanding as of the Record Date, until the Distribution Date, the Rights will be evidenced by such certificates registered in the names of the holders thereof together with a copy of the Summary of Rights attached thereto. Until the Distribution Date (or the earlier of the Redemption Date or the Final Expiration Date), the surrender for transfer of any certificate for Common Shares of the Company outstanding on the Record Date, with or without a copy of the Summary of Rights attached thereto, shall also constitute the transfer of the Rights associated with the Common Shares of the Company represented thereby.
(c) Certificates for the Common Shares issued which become outstanding (including reissuance including, without limitation, reacquired Common Shares referred to in the last sentence of treasury sharesthis paragraph (c)) after the Record Date but prior to before the earlier earliest of the Separation Distribution Date, the Redemption Date or the Final Expiration Date (as hereinafter defined) shall be deemed also have impressed on, printed on, written on or otherwise affixed to be certificates for Rights (and Rights shall be issued in respect thereof), and shall bear them the following legend: "This certificate also evidences and entitles THIS CERTIFICATE ALSO EVIDENCES AND ENTITLES THE HOLDER HEREOF TO CERTAIN RIGHTS AS SET FORTH IN AN AGREEMENT DATED AS OF JULY 21, 2021 AMONG AUTOSCOPE TECHNOLOGIES CORPORATION (THE “COMPANY”); AND CONTINENTAL STOCK TRANSFER & TRUST COMPANY, AS RIGHTS AGENT; AND, AS TO ONLY SECTION 37, IMAGE SENSING SYSTEMS INC., AS THE SAME MAY BE AMENDED FROM TIME TO TIME (THE “RIGHTS AGREEMENT”), THE TERMS OF WHICH ARE HEREBY INCORPORATED HEREIN BY REFERENCE AND A COPY OF WHICH IS ON FILE AT THE PRINCIPAL EXECUTIVE OFFICES OF THE COMPANY. UNDER CERTAIN CIRCUMSTANCES, AS SET FORTH IN THE RIGHTS AGREEMENT, SUCH RIGHTS (AS DEFINED IN THE RIGHTS AGREEMENT) MAY BE REDEEMED, MAY BECOME EXERCISABLE FOR SECURITIES OR ASSETS OF THE COMPANY OR SECURITIES OF ANOTHER ENTITY, MAY BE EXCHANGED FOR SHARES OF COMMON STOCK OR OTHER SECURITIES OR ASSETS OF THE COMPANY, MAY EXPIRE OR MAY BE EVIDENCED BY SEPARATE CERTIFICATES AND MAY NO LONGER BE EVIDENCED BY THIS CERTIFICATE. THE COMPANY WILL MAIL TO THE HOLDER OF THIS CERTIFICATE A COPY OF THE RIGHTS AGREEMENT WITHOUT CHARGE AFTER RECEIPT OF A WRITTEN REQUEST THEREFOR. UNDER CERTAIN CIRCUMSTANCES AS SET FORTH IN THE RIGHTS AGREEMENT, RIGHTS THAT ARE OWNED BY, TRANSFERRED TO OR HAVE BEEN OWNED BY AN ACQUIRING PERSON (AS DEFINED IN THE RIGHTS AGREEMENT) OR ANY OF ITS AFFILIATES (AS DEFINED IN THE RIGHTS AGREEMENT) OR ASSOCIATES (AS DEFINED IN THE RIGHTS AGREEMENT) WILL BE NULL AND VOID AND WILL NO LONGER BE TRANSFERRABLE. With respect to such certificates containing the holder hereof to certain Rights as set forth in foregoing legend, until the Distribution Date, the Rights Agreement between Coachmen Industriesassociated with the Common Shares of the Company represented by such certificates shall be evidenced by such certificates alone, Inc. (and the "Company") surrender for transfer of any such certificate shall also constitute the transfer of the Rights associated with the Common Shares of the Company represented thereby. If the Company purchases or acquires any Common Shares of the Company after the Record Date but before the Distribution Date, any Rights associated with such Common Shares of the Company shall be deemed cancelled and First Chicago Trust retired so that the Company shall not be entitled to exercise any Rights associated with the Common Shares of New York, dated as of January 5, 2000 and effective January 12, 2000 (the "Rights Agreement"Company which are no longer outstanding. Notwithstanding this Section 3(c), the terms omission of which are hereby incorporated herein by reference and a copy legend shall not affect the enforceability of which is on file at any part of this Rights Agreement or the principal offices rights of any holder of the Company. Under certain circumstances, as set forth in the Rights Agreement, such Rights will be evidenced by separate certificates and will no longer be evidenced by this certificate. The Company will mail to the holder of this certificate a copy of the Rights Agreement without charge promptly after receipt of a written request therefor. Under certain circumstances, Rights beneficially owned by Acquiring Persons or any Affiliates or Associates thereof (as defined in the Rights Agreement) and any subsequent holder of such Rights may become null and voidRights."
(d) Subject to Section 13(h), after the Separation Date but prior to the Expiration Date, Rights shall only be issued in connection with the issuance of Common Shares upon the exercise of stock options granted prior to the Separation Date or upon the exercise, conversion or exchange of securities issued by the Company prior to the Separation Date; provided, however, that if, pursuant to the terms of any option, or exercise, conversion or exchange of securities, the number of shares issuable thereunder is adjusted after the Separation Date, the number of Rights issuable upon issuance of the shares shall be equal only to the number of shares which would have been issuable prior to the adjustment.
Appears in 1 contract
Issue of Rights Certificates. (a) Until Prior to the Separation Distribution Date, (xi) the Rights will be evidenced (subject to SECTION 3(B)) by the certificates for the Common Shares Stock and not by separate Rights Certificates (as defined below), and the registered in the names of the holders of the Common Shares (which certificates for Common Shares Stock shall be deemed also to be certificates for the registered holders of the associated Rights) and not by separate certificates, and (yii) the Rights will be transferable only in connection with the transfer of the underlying shares of Common Shares Stock (including a transfer to the Company). As soon as practicable after the Separation Company has notified the Rights Agent of the occurrence of a Distribution Date, the Rights Agent will send will, subject to SECTION 7(D), send, by first-class, insured, postage prepaid mail, to each record holder of the Common Shares Stock as of the Close of Business on the Separation Distribution Date, at the address of such holder shown on the records of the Company, a one or more Rights certificateCertificates, in substantially the form of Exhibit A EXHIBIT B attached hereto (the "Rights CertificatesRIGHTS CERTIFICATES"), evidencing one Right (subject to adjustment as provided herein) for each share of Common Share Stock so held. As If an adjustment in the number of Rights per share of Common Stock has been made pursuant to SECTION 11(P), then the Company shall, at the time of distribution of the Rights Certificates to record holders of Common Stock as of the Close of Business on the Distribution Date, make the necessary and appropriate rounding adjustments (in accordance with SECTION 14(A)) so that Rights Certificates representing only whole numbers of Rights are distributed to such holders and cash is paid to such holders in lieu of any fractional Rights. From and after the Separation Distribution Date, the Rights will be evidenced solely by such Rights Right Certificates.
(b) As promptly soon as practicable following after the Record Dateconsummation of the Acquisitions, the Company will send a copy summary of a Summary of the Rights, in substantially the form attached hereto as Exhibit B (the "Summary of Rights"), by first-class, postage prepaid mail mail, to each record holder of the Common Shares Stock as of the Close of Business on at the Record Date, effective time of the consummation of the Acquisitions at the address of such holder shown on the records of the Company. A summary of the Rights, as in effect on the date hereof, is set forth on EXHIBIT C attached hereto. Until the Distribution Date, the Rights shall be evidenced by such certificates evidencing the Common Stock, and the registered holders of such Common Stock shall also be the registered holders of the associated Rights.
(c) Certificates for the Rights shall be issued in respect of all shares of Common Shares issued Stock that become outstanding (including reissuance on original issuance or out of treasury sharestreasury) after the Record Date consummation of the Acquisitions but prior to the earlier of the Separation Distribution Date or the Expiration Date. Certificates for the Common Stock that become outstanding or shall be transferred or exchanged after the consummation of the Acquisitions but prior to the earlier of the Distribution Date or the Expiration Date (as hereinafter defined) shall also be deemed also to be certificates for Rights (and Rights shall be issued in respect thereof), and shall bear have impressed on, printed on, written on or otherwise affixed to them the following legend: "This certificate also evidences and entitles the holder hereof to certain Rights as set forth in the that certain Amended and Restated Rights Agreement between Coachmen IndustriesSuburban Lodges of America, Inc. (the "and American Stock Transfer & Trust Company") and First Chicago Trust Company of New York, dated as of January 5May 4, 2000 and effective January 12, 2000 2001 (the "Rights Agreement"), the terms of which are hereby incorporated herein by reference and a copy of which is on file at the principal offices office of the Company. Under certain circumstances, as set forth in the Rights Agreement, such Rights will be evidenced by separate certificates and will no longer be evidenced by this certificate. The Company will mail to the holder of this certificate a copy of the Rights Agreement without charge promptly after receipt of a written request therefor. Under certain circumstances, as set forth in the Rights beneficially owned Agreement, such Rights may be evidenced by separate certificates and no longer be evidenced by this certificate, may be redeemed or exchanged or may expire. As set forth in the Rights Agreement, Rights issued to, or held by, any Person who is, was or becomes an Acquiring Persons Person or any Affiliates an Affiliate or Associates Associate thereof (as such terms are defined in the Rights Agreement) and ), whether currently held by or on behalf of such Person or by any subsequent holder of such Rights holder, may become be null and void."
(d) Subject With respect to Section 13(h)the certificates containing the foregoing legend, until the earlier of the Distribution Date or the Expiration Date, the Rights associated with the Common Stock represented by such certificates shall be evidenced by such certificates alone and registered holders of Common Stock shall also be the registered holders of the associated Rights, and the transfer of any of such certificates shall also constitute the transfer of the Rights associated with the Common Stock represented thereby. If the Company purchases or acquires any shares of Common Stock after the Separation Date consummation of the Acquisitions but prior to the Expiration Distribution Date, any Rights associated with such Common Stock shall only be issued in connection deemed cancelled and retired so that the Company shall not be entitled to exercise any Rights associated with the issuance of Common Shares upon the exercise of stock options granted prior to the Separation Date or upon the exercise, conversion or exchange of securities issued by the Company prior to the Separation Date; provided, however, Stock that if, pursuant to the terms of any option, or exercise, conversion or exchange of securities, the number of shares issuable thereunder is adjusted after the Separation Date, the number of Rights issuable upon issuance of the shares shall be equal only to the number of shares which would have been issuable prior to the adjustmentare no longer outstanding.
Appears in 1 contract
Issue of Rights Certificates. (a) Until the Separation Distribution Date, (xi) the Rights will be evidenced (subject to the provisions of Section 3(b) hereof) by the certificates for the representing shares of Common Shares Stock registered in the names of the holders of the Common Shares Stock (which certificates for Common Shares shall be deemed also to be certificates for the associated Rights) and not by separate rights certificates, and (yii) the Rights will be transferable only in connection with the transfer of the underlying associated shares of Common Shares (including a transfer to the Company)Stock. As soon as practicable after the Separation Distribution Date, the Rights Agent will send by first-class, insured, postage prepaid mail, to each record holder of the Common Shares Stock as of the Close of Business on the Separation Distribution Date, at the address of such holder shown on the stock transfer records of the Company, a Rights certificateone or more rights certificates, in substantially the form of Exhibit A B hereto (the "Rights Certificates"), evidencing one Right for each Common Share so heldin the aggregate that number of Rights to which such holder is entitled in accordance with the provisions of this Agreement. As of and after the Separation Distribution Date, the Rights will be evidenced solely by such Rights Certificates. The Rights are exercisable only in accordance with the provisions of Section 7 hereof and are redeemable only in accordance with Section 23 hereof.
(b) As promptly soon as practicable following after the Dividend Record Date, the Company will send cause a copy of a Summary of Rights, in substantially the form attached hereto as Exhibit B C (the "Summary of Rights"), to be sent by first-class, postage prepaid mail mail, to each record holder of the Common Shares Stock as of the Close of Business on the Dividend Record Date, at the address of such holder shown on the stock transfer records of the Company. With respect to certificates for the Common Stock outstanding as of the Dividend Record Date, until the Distribution Date, the Rights associated with the shares of Common Stock represented by such certificates will be evidenced by such certificates for the Common Stock and the registered holders of the Common Stock shall also be the registered holders of the associated Rights. Until the Distribution Date (or the earlier redemption, expiration or termination of the Rights), the surrender for transfer of any of the certificates representing shares of the Common Stock outstanding on the Dividend Record Date, with or without a copy of the Summary of Rights, shall also constitute the transfer of the Rights associated with the Common Stock represented by such certificate.
(c) Certificates for the Rights shall be issued in respect of all shares of Common Shares Stock issued (including reissuance of treasury shareswhether originally issued or delivered from the Company's treasury) after the Dividend Record Date but prior to the earlier earliest of (i) the Distribution Date, (ii) the Expiration Date, or (iii) the redemption of the Separation Date Rights. Certificates representing such shares of Common Stock and certificates issued on transfer of such shares of Common Stock, with or without a copy of the Expiration Summary of Rights, prior to the Distribution Date (as hereinafter definedor earlier expiration or redemption of the Rights) shall be deemed also to be certificates for Rights (and Rights shall be issued in respect thereof)the associated Rights, and commencing as soon as reasonably practicable following the Dividend Record Date shall bear the following legend: "legend (or a legend substantially in the form thereof): This certificate also evidences and entitles the holder hereof to certain Rights as set forth in the a Rights Agreement between Coachmen Industriesthe issuer and BankBoston, Inc. N.A., as Rights Agent (the "CompanyRights Agent") and First Chicago Trust Company of New York), dated as of January 5March 2, 2000 and effective January 12, 2000 1998 (the "Rights Agreement"), the terms of which are hereby incorporated herein by reference and a copy of which is on file at the principal offices of both the Companyissuer and the Rights Agent. The Rights Agent will mail to the registered holder of this certificate a copy of the Rights Agreement, as in effect on the date of mailing, without charge upon written request. Under certain circumstances, as circumstances set forth in the Rights Agreement, such Rights will be evidenced by separate certificates and will no longer be evidenced by this certificate. The Company will mail to the holder of this certificate a copy of Under certain circumstances set forth in the Rights Agreement without charge promptly after receipt of a written request therefor. Under certain circumstancesAgreement, Rights beneficially owned issued to, or held by any Person who is, was or becomes, or acquires shares from, an Acquiring Persons Person or any Affiliates or Associates thereof Affiliate of an Acquiring Person (as each such term is defined in the Rights Agreement) Agreement and any subsequent holder generally relating to the ownership or purchase of large shareholdings), whether currently held by or on behalf of such Rights Person or Affiliate or by certain subsequent holders, may become null and void."
(d) Subject to Section 13(h). Until the Distribution Date or the earlier redemption, after expiration or termination of the Separation Date but prior to Rights, the Expiration Date, Rights shall only be issued in connection associated with the issuance Common Stock shall be evidenced by the Common Stock certificates alone and the registered holders of Common Shares upon Stock shall also be the exercise registered holders of stock options granted prior to the Separation Date or upon associated Rights, and the exercise, conversion or exchange of securities issued by the Company prior to the Separation Date; provided, however, that if, pursuant to the terms surrender for transfer of any option, or exercise, conversion or exchange of securities, such certificates shall also constitute the number of shares issuable thereunder is adjusted after the Separation Date, the number of Rights issuable upon issuance transfer of the shares shall be equal only to Rights associated with the number of shares which would have been issuable prior to the adjustmentCommon Stock represented by such certificate.
Appears in 1 contract
Sources: Rights Agreement (Applied Extrusion Technologies Inc /De)
Issue of Rights Certificates. (a) Until the Separation Date, (x) the Rights will be evidenced by the certificates for the Common Shares registered in the names of the holders of the Common Shares (which certificates for Common Shares shall be deemed also to be certificates for Rights) and not by separate certificates, and (y) the Rights will be transferable only in connection with the transfer of the underlying Common Shares (including a transfer to the Company). As soon as practicable after the Separation Date, the Rights Agent will send by first-class, insured, postage prepaid mail, to each record holder of the Common Shares as of the Close of Business on the Separation Date, at the address of such holder shown on the records of the Company, a Rights certificate, in substantially the form of Exhibit A hereto (the "Rights Certificates"), evidencing one Right for each Common Share so held. As of and after the Separation Date, the Rights will be evidenced solely by such Rights Certificates.
(b) As promptly as practicable following the Record Date, the Company will send or deliver a copy of a Summary of RightsRights to Purchase Preferred Stock, in substantially the form attached hereto as Exhibit B (the "Summary of Rights"), by first-class, postage prepaid mail to each record holder of Common Shares Stock as of the Close of Business on the Record Date, Date at the address of such holder shown on the records of the Company. With respect to certificates for shares of Common Stock outstanding as of the Record Date, until the Distribution Date, the Rights will be evidenced by such certificates for the Common Stock and the registered holders of the Common Stock shall also be the registered holders of the associated Rights. Until the Distribution Date (or the earlier Expiration Date or Final Expiration Date), the transfer of any certificate representing shares of Common Stock in respect of which Rights have been issued shall also constitute the transfer of the Rights associated with the shares of Common Stock represented thereby.
(cb) Certificates for the Rights shall be issued in respect of all shares of Common Shares Stock issued (including reissuance of treasury shareswhether originally issued or from the Company's treasury) after the Record Date but prior to the earlier of the Separation Distribution Date or the Expiration Date or the Final Expiration Date. Rights shall also be issued to the extent provided in Section 22 in respect of all shares of Common Stock which are issued (as hereinafter definedwhether originally issued or from the Company's treasury) after the Distribution Date and prior to the Expiration Date. Certificates representing such shares of Common Stock shall also be deemed also to be certificates for Rights (and Rights shall be issued in respect thereof)Rights, and shall bear the following legend: "legend (in addition to any other legends that may be required): This certificate also evidences and entitles the holder hereof to certain Rights as set forth in the a Rights Agreement between Coachmen Industries, Inc. Startec Global Communications Corporation (the "Company") and First Chicago Continental Stock Transfer & Trust Company of New York(the "Rights Agent"), dated as of January 5March 26, 2000 and effective January 12, 2000 1998 (the "Rights Agreement"), the terms of which are hereby incorporated herein by reference and a copy of which is on file at the principal executive offices of the Company. Under certain circumstances, as set forth in the Rights Agreement, such Rights will be evidenced by separate certificates and will no longer be evidenced by this certificate. The Company will mail to the holder of this certificate a copy of the Rights Agreement as in effect on the date of mailing without charge promptly after receipt of a written request therefor. Under certain circumstancescircumstances set forth in the Rights Agreement, Rights beneficially owned by issued to, or held by, any Person who is, was or becomes an Acquiring Persons Person or any Affiliates Affiliate or Associates Associate thereof (as such terms are defined in the Rights Agreement) and ), whether currently held by or on behalf of such Person or by any subsequent holder of such Rights holder, may become null and void. The Rights shall not be exercisable, and shall be null and void so long as held, by a holder in any jurisdiction where the requisite qualification of the issuance to such holder, or the exercise by such holder, of the Rights in such jurisdiction shall not have been obtained or be obtainable. With respect to such certificates containing the foregoing legend, until the earlier of (i) the Distribution Date or (ii) the Expiration Date, the Rights associated with the Common Stock represented by such certificates shall be evidenced by such certificates alone and registered holders of Common Stock shall also be the registered holders of the associated Rights, and the transfer of any such certificate shall also constitute the transfer of the Rights associated with the Common Stock represented thereby."
(c) Until the Distribution Date (i) the Rights will be evidenced (subject to the provisions of paragraph (a) of this Section 3) by the certificates for Common Stock registered in the names of the holders thereof (which certificates for Common Stock shall also be deemed to be Rights Certificates) and not by separate Rights Certificates, and (ii) the Rights will be transferable only in connection with the transfer of the underlying shares of Common Stock (including a transfer to the Company).
(d) Subject As soon as practicable after the Distribution Date, the Rights Agent upon notification thereof and delivery to Section 13(hit of a list of holders of Common Stock will send by first-class, insured, postage prepaid mail, to each record holder of Common Stock as of the Close of Business on the Distribution Date, at the address of such holder shown on the records of the Company, a rights certificate, in substantially the form of Exhibit C hereto (the "Rights Certificate"), after the Separation Date but prior to the Expiration Date, Rights shall only be issued in connection with the issuance evidencing one Right for each share of Common Shares upon Stock so held, subject to adjustment as provided herein. In the exercise of stock options granted prior to the Separation Date or upon the exercise, conversion or exchange of securities issued by the Company prior to the Separation Date; provided, however, event that if, pursuant to the terms of any option, or exercise, conversion or exchange of securities, the number of shares issuable thereunder is adjusted after the Separation Date, an adjustment in the number of Rights issuable upon issuance per share of Common Stock has been made pursuant to Section 11 hereof, at the time of distribution of the shares Rights Certificates, the Company shall make necessary and appropriate rounding adjustments (in accordance with Section 14(a) hereof) so that Rights Certificates representing only whole numbers of Rights are distributed and cash is paid in lieu of any fractional Rights. As of and after the Distribution Date, the Rights will be equal only to the number of shares which would have been issuable prior to the adjustmentevidenced solely by such Right Certificates.
Appears in 1 contract
Sources: Rights Agreement (Startec Global Communications Corp)
Issue of Rights Certificates. (a) Until the Separation Distribution Date, (x) the Rights will be evidenced (subject to the provisions of paragraphs (b) and (c) of this Section 3) by the certificates for the Common Shares Stock registered in the names of the holders of the Common Shares Stock (which certificates for Common Shares Stock shall be deemed also to be certificates for Rights) and not by separate certificates, and (y) the Rights will be transferable only in connection with the transfer of the underlying shares of Common Shares Stock (including a transfer to the Company). As soon as practicable after the Separation Distribution Date, the Company will prepare and execute, and the Rights Agent will countersign and send by first-class, insured, postage prepaid mail, mail to each record holder of the Common Shares Stock as of the Close of Business on the Separation Distribution Date, at the address of such holder shown on the records of the Company, a one or more Rights certificate, in substantially the form of Exhibit A hereto (the "Rights Certificates"), Certificates evidencing one Right for each share of Common Share Stock so held, subject to adjustment as provided herein. In the event that an adjustment in the number of Rights per share of Common Stock has been made pursuant to Section 11 hereof at the time of distribution of the Rights Certificates, the Company shall make the necessary and appropriate rounding adjustments so that Rights Certificates representing only whole numbers of Rights are distributed and cash is paid in lieu of any fractional Rights. As of and after the Separation Distribution Date, the Rights will be evidenced solely by such Rights Certificates.
(b) As promptly as practicable following the Record Date, the Company will send a copy of a the Summary of Rights, in substantially the form attached hereto as Exhibit B (the "Summary of Rights"), by first-class, postage prepaid mail Rights to each record holder of the Common Shares Stock as of the Close of Business on the Record Date, at the address of such holder shown on the records of the Company. With respect to certificates for the Common Stock outstanding as of the Record Date, until the Distribution Date, the Rights will be evidenced by such certificates for the Common Stock and the registered holders of the Common Stock shall also be the registered holders of the associated Rights. Until the earlier of the Distribution Date or the Expiration Date, the transfer of any certificates representing shares of Common Stock in respect of which Rights have been issued shall also constitute the transfer of the Rights associated with such shares of Common Stock.
(c) Certificates for the Rights shall be issued in respect of all shares of Common Shares Stock that are issued (including reissuance of treasury shareswhether originally issued or from the Company's treasury) after the Record Date but prior to the earlier of the Separation Distribution Date or the Expiration Date (as hereinafter defined) Date. Certificates representing such shares of Common Stock shall also be deemed also to be certificates for Rights (and Rights shall be issued in respect thereof)Rights, and shall bear the following legenda legend reading substantially as follows: "This certificate also evidences and entitles the holder hereof to certain Rights as set forth in the Rights Agreement between Coachmen IndustriesMedSource Technologies, Inc. (the "Company") and First Chicago Trust Company of New YorkWachovia Bank, National Association (the "Rights Agent"), dated as of January 5, 2000 and effective January August 12, 2000 2003 (the "Rights Agreement"), as the same may be amended from time to time, the terms of which are hereby incorporated herein by reference and a copy of which is on file at the principal offices office of the Company. Under certain circumstances, as set forth in the Rights Agreement, such Rights will be evidenced by separate certificates and will no longer be evidenced by this certificate. The Company will mail to the holder of this certificate a copy of the Rights Agreement Agreement, as in effect on the date of mailing, without charge promptly after receipt of a written request therefor. Under certain circumstancescircumstances set forth in the Rights Agreement, Rights beneficially owned by issued to, or held by, any Person who is, was or becomes an Acquiring Persons Person, or any Affiliates Affiliate or Associates Associate thereof (as such terms are defined in the Rights Agreement) and ), whether currently held by or on behalf of such Person or by any subsequent holder of such Rights holder, may become null and void."
. With respect to such certificates containing the foregoing legend, until the earlier of (dx) Subject to Section 13(h), after the Separation Distribution Date but prior to and (y) the Expiration Date, the Rights shall only be issued in connection associated with the issuance Common Stock represented by such certificates shall be evidenced by such certificates alone and registered holders of Common Shares upon Stock also shall be the exercise registered holders of stock options granted prior to the Separation Date or upon associated Rights, and the exercise, conversion or exchange of securities issued by the Company prior to the Separation Date; provided, however, that if, pursuant to the terms transfer of any option, or exercise, conversion or exchange of securities, such certificates also shall constitute the number of shares issuable thereunder is adjusted after the Separation Date, the number of Rights issuable upon issuance transfer of the shares shall be equal only to Rights associated with the number of shares which would have been issuable prior to the adjustmentCommon Stock represented by such certificates.
Appears in 1 contract
Issue of Rights Certificates. (a) Until the Separation Date, (x) the Rights will be evidenced by the certificates for the Common Shares registered in the names of the holders of the Common Shares (which certificates for Common Shares shall be deemed also to be certificates for Rights) and not by separate certificates, and (y) the Rights will be transferable only in connection with the transfer of the underlying Common Shares (including a transfer to the Company). As soon as practicable after the Separation Date, the Rights Agent will send by first-class, insured, postage prepaid mail, to each record holder of the Common Shares as of the Close of Business on the Separation Date, at the address of such holder shown on the records of the Company, a Rights certificate, in substantially the form of Exhibit A hereto (the "Rights Certificates"), evidencing one Right for each Common Share so held. As of and after the Separation Date, the Rights will be evidenced solely by such Rights Certificates.
(b) As promptly as practicable following the Record Date, the Company will send a copy of a Summary of RightsRights to Purchase Preferred Stock, in substantially the form attached hereto as Exhibit B and which may be appended to certificates that represent shares of Common Stock (hereinafter referred to as the "“Summary of Rights"”), by first-class, postage prepaid mail to each record holder of Common Shares Stock as of the Close of Business on the Record Date, at the address of such holder shown on the records of the Company. With respect to certificates representing shares of Common Stock outstanding as of the Record Date, until the Distribution Date, the Rights will be evidenced by such certificates for shares of Common Stock registered in the names of the holders thereof, and not by separate Rights Certificates, and with respect to Book Entry shares of Common Stock outstanding as of the Record Date, until the Distribution Date, the Rights will be evidenced by the balances indicated in the Book Entry account system of the transfer agent for the Common Stock, registered in the names of the holders thereof. Until the earlier of the Distribution Date or the Expiration Date, the transfer of any shares of Common Stock outstanding on the Record Date (whether represented by certificate(s) or evidenced by the balances indicated in the Book Entry account system of the transfer agent for the Common Stock, and, in either case, regardless of whether a copy of the Summary of Rights is submitted with the surrender or request for transfer), also shall constitute the transfer of the Rights associated with such shares of Common Stock.
(cb) Certificates for Rights shall be issued, without any further action, in respect of all shares of Common Stock that become outstanding (whether originally issued or delivered from the Common Shares issued (including reissuance of treasury sharesCompany’s treasury) after the Record Date but prior to the earlier of the Separation Distribution Date or and the Expiration Date (as hereinafter defined) shall be deemed Date; provided, however, that Rights also to be certificates for Rights (and Rights shall be issued to the extent provided in respect thereof)Section 22 hereof. Confirmation and account statements sent to holders of Common Stock for Book Entry form or, and in the case of certificated shares, certificates, representing such shares of Common Stock, issued after the Record Date shall bear a legend substantially in the following legendform: "“[This certificate certificate] [These shares] also evidences evidence[s] and entitles entitle[s] the holder hereof to certain Rights as set forth in the a Rights Agreement between Coachmen IndustriesPapa John’s International, Inc. (the "“Company"”) and First Chicago Computershare Trust Company of New YorkCompany, N.A. (or any successor rights agent) dated as of January 5July 22, 2000 and effective January 122018, 2000 as the same may be amended from time to time (the "“Rights Agreement"”), the terms of which are hereby incorporated herein by reference and a copy of which is on file at the principal executive offices of the Company. Under certain circumstances, as set forth in the Rights Agreement, such Rights will shall be evidenced by separate certificates and will no longer be evidenced by [this certificate] [these shares]. The Company will mail to the holder of [this certificate certificate] [these shares] a copy of the Rights Agreement as in effect on the date of mailing without charge promptly after receipt of a written request therefor. Under certain circumstances, as set forth in the Rights beneficially owned Agreement, Rights that are Beneficially Owned by any Person who is, was or becomes an Acquiring Persons Person or any Affiliates Affiliate or Associates Associate thereof (as such capitalized terms are defined in the Rights Agreement) and any subsequent holder ), or specified transferees of such Rights Acquiring Person (or Affiliate or Associate thereof) may become null and void."
” With respect to all certificates representing shares of Common Stock containing the foregoing legend, until the earliest of the Distribution Date, the Redemption Date and the Final Expiration Date, the Rights associated with the Common Stock represented by such certificates shall be evidenced by such certificates alone and registered holders of Common Stock shall also be the registered holders of the associated Rights, and the transfer of any such certificate shall also constitute the transfer of the Rights associated with the shares of Common Stock represented by such certificates. With respect to Common Stock in Book Entry form for which there has been sent a confirmation or account statement containing the foregoing legend, until the earliest of the Distribution Date, the Redemption Date and the Expiration Date, the Rights associated with the Common Stock shall be evidenced by such Common Stock alone and registered holders of Common Stock shall also be the registered holders of the associated Rights, and the transfer of any such Common Stock shall also constitute the transfer of the Rights associated with such shares of Common Stock. Notwithstanding this paragraph (d) Subject to Section 13(hb), the omission of the legend or the failure to send, deliver or provide the registered owner of shares of Common Stock, a copy of the Summary of Rights shall not affect the enforceability of any part of this Agreement or the rights of any holder of the Rights. In the event that the Company purchases or otherwise acquires any shares of Common Stock after the Separation Record Date but prior to the Expiration Distribution Date, any Rights associated with such shares of Common Stock shall be deemed cancelled and retired so that the Company shall not be entitled to exercise any Rights associated with the shares of Common Stock that are no longer outstanding.
(c) Until the Distribution Date, the Rights shall be transferable only be issued in connection with the issuance transfer of the underlying shares of Common Shares upon the exercise of stock options granted prior Stock (including a transfer to the Separation Date or upon Company).
(d) As soon as practicable after the exerciseDistribution Date, conversion or exchange of securities issued by the Company prior to the Separation Date; provided, however, that if, pursuant to the terms of any option, or exercise, conversion or exchange of securitieswill prepare and execute, the number Rights Agent will countersign and the Company will send or cause to be sent (and the Rights Agent, if so requested and provided with all necessary information and documents, will send) by first-class, insured, postage-prepaid mail, to each record holder of shares issuable thereunder is adjusted after of Common Stock as of the Separation DateClose of Business on the Distribution Date (other than any Acquiring Person or any Associate or Affiliate of an Acquiring Person), at the address of such holder shown on the records of the Company, one or more rights certificates, in substantially the form of Exhibit C hereto (the “Rights Certificate”), evidencing one Right for each share of Common Stock so held, subject to adjustment as provided herein. In the event that an adjustment in the number of Rights issuable upon issuance per share of Common Stock has been made pursuant to Section 11 hereof, at the time of distribution of the shares Rights Certificates, the Company shall make the necessary and appropriate rounding adjustments (in accordance with Section 14(a) hereof) so that Rights Certificates representing only whole numbers of Rights are distributed and cash is paid in lieu of any fractional Rights. As of and after the Distribution Date, the Rights shall be equal only to evidenced solely by such Rights Certificates, and the number Rights Certificates and the Rights will be transferable separately from the transfer of shares which would have been issuable Common Stock. The Company shall promptly notify the Rights Agent in writing upon the occurrence of the Distribution Date and, if such notification is given orally, the Company shall confirm the same in writing on or prior to the adjustmentBusiness Day next following. Until such written notice is received by the Rights Agent, the Rights Agent may presume conclusively for all purposes that the Distribution Date has not occurred.
Appears in 1 contract
Issue of Rights Certificates. (a) Until the Separation Date, (x) the Rights will be evidenced by the certificates for the Common Shares registered in the names of the holders of the Common Shares (which certificates for Common Shares shall be deemed also to be certificates for Rights) and not by separate certificates, and (y) the Rights will be transferable only in connection with the transfer of the underlying Common Shares (including a transfer to the Company). As soon as practicable after the Separation Date, the Rights Agent will send by first-class, insured, postage prepaid mail, to each record holder of the Common Shares as of the Close of Business on the Separation Date, at the address of such holder shown on the records of the Company, a Rights certificate, in substantially the form of Exhibit A hereto (the "Rights Certificates"), evidencing one Right for each Common Share so held. As of and after the Separation Date, the Rights will be evidenced solely by such Rights Certificates.
(b) As promptly as practicable following the Record Date, the Company will send a copy of a Summary of RightsRights to Purchase Preferred Stock, in substantially the form attached hereto as Exhibit B and which may be appended to certificates that represent shares of Common Stock (hereinafter referred to as the "“Summary of Rights"”), by first-class, postage prepaid mail to each record holder of Common Shares Stock as of the Close of Business on the Record Date, at the address of such holder shown on the records of the Company. With respect to certificates representing shares of Common Stock outstanding as of the Record Date, until the Distribution Date, the Rights will be evidenced by such certificates for shares of Common Stock registered in the names of the holders thereof, and not by separate Rights Certificates, and with respect to Book Entry shares of Common Stock outstanding as of the Record Date, until the Distribution Date, the Rights will be evidenced by the balances indicated in the Book Entry account system of the transfer agent for the Common Stock, registered in the names of the holders thereof. Until the earlier of the Distribution Date or the Expiration Date, the transfer of any shares of Common Stock outstanding on the Record Date (whether represented by certificate(s) or evidenced by the balances indicated in the Book Entry account system of the transfer agent for the Common Stock, and, in either case, regardless of whether a copy of the Summary of Rights is submitted with the surrender or request for transfer), also shall constitute the transfer of the Rights associated with such shares of Common Stock.
(cb) Certificates for Rights shall be issued, without any further action, in respect of all shares of Common Stock that become outstanding (whether originally issued or delivered from the Common Shares issued (including reissuance of treasury sharesCompany’s treasury) after the Record Date but prior to the earlier of the Separation Distribution Date or and the Expiration Date (as hereinafter defined) shall be deemed Date; provided, however, that Rights also to be certificates for Rights (and Rights shall be issued to the extent provided in respect thereof)Section 22 hereof. Confirmation and account statements sent to holders of Common Stock for Book Entry form or, and in the case of certificated shares, certificates, representing such shares of Common Stock, issued after the Record Date shall bear a legend substantially in the following legendform: "“[This certificate certificate] [These shares] also evidences evidence[s] and entitles entitle[s] the holder hereof to certain Rights as set forth in the a Rights Agreement between Coachmen Industries, Inc. CytRx Corporation (the "“Company"”) and First Chicago American Stock Transfer & Trust Company of New YorkCompany, LLC (or any successor rights agent) dated as of January 5December 13, 2000 and effective January 122019, 2000 as the same may be amended from time to time (the "“Rights Agreement"”), the terms of which are hereby incorporated herein by reference and a copy of which is on file at the principal executive offices of the Company. Under certain circumstances, as set forth in the Rights Agreement, such Rights will shall be evidenced by separate certificates and will no longer be evidenced by [this certificate] [these shares]. The Company will mail to the holder of [this certificate certificate] [these shares] a copy of the Rights Agreement as in effect on the date of mailing without charge promptly after receipt of a written request therefor. Under certain circumstances, as set forth in the Rights beneficially owned Agreement, Rights that are Beneficially Owned by any Person who is, was or becomes an Acquiring Persons Person or any Affiliates Affiliate or Associates Associate thereof (as such capitalized terms are defined in the Rights Agreement) and any subsequent holder ), or specified transferees of such Rights Acquiring Person (or Affiliate or Associate thereof) may become null and void."
” With respect to all certificates representing shares of Common Stock containing the foregoing legend, until the earliest of the Distribution Date, the Redemption Date and the Final Expiration Date, the Rights associated with the Common Stock represented by such certificates shall be evidenced by such certificates alone and registered holders of Common Stock shall also be the registered holders of the associated Rights, and the transfer of any such certificate shall also constitute the transfer of the Rights associated with the shares of Common Stock represented by such certificates. With respect to Common Stock in Book Entry form for which there has been sent a confirmation or account statement containing the foregoing legend, until the earliest of the Distribution Date, the Redemption Date and the Expiration Date, the Rights associated with the Common Stock shall be evidenced by such Common Stock alone and registered holders of Common Stock shall also be the registered holders of the associated Rights, and the transfer of any such Common Stock shall also constitute the transfer of the Rights associated with such shares of Common Stock. Notwithstanding this paragraph (d) Subject to Section 13(hb), the omission of the legend or the failure to send, deliver or provide the registered owner of shares of Common Stock, a copy of the Summary of Rights shall not affect the enforceability of any part of this Agreement or the rights of any holder of the Rights. In the event that the Company purchases or otherwise acquires any shares of Common Stock after the Separation Record Date but prior to the Expiration Distribution Date, any Rights associated with such shares of Common Stock shall be deemed cancelled and retired so that the Company shall not be entitled to exercise any Rights associated with the shares of Common Stock that are no longer outstanding.
(c) Until the Distribution Date, the Rights shall be transferable only be issued in connection with the issuance transfer of the underlying shares of Common Shares upon the exercise of stock options granted prior Stock (including a transfer to the Separation Date or upon Company).
(d) As soon as practicable after the exerciseDistribution Date, conversion or exchange of securities issued by the Company prior to the Separation Date; provided, however, that if, pursuant to the terms of any option, or exercise, conversion or exchange of securitieswill prepare and execute, the number Rights Agent will countersign and the Company will send or cause to be sent (and the Rights Agent, if so requested and provided with all necessary information and documents, will send) by first-class, insured, postage-prepaid mail, to each record holder of shares issuable thereunder is adjusted after of Common Stock as of the Separation DateClose of Business on the Distribution Date (other than any Acquiring Person or any Associate or Affiliate of an Acquiring Person), at the address of such holder shown on the records of the Company, one or more rights certificates, in substantially the form of Exhibit C hereto (the “Rights Certificate”), evidencing one Right for each share of Common Stock so held, subject to adjustment as provided herein. In the event that an adjustment in the number of Rights issuable upon issuance per share of Common Stock has been made pursuant to Section 11 hereof, at the time of distribution of the shares Rights Certificates, the Company shall make the necessary and appropriate rounding adjustments (in accordance with Section 14(a) hereof) so that Rights Certificates representing only whole numbers of Rights are distributed and cash is paid in lieu of any fractional Rights. As of and after the Distribution Date, the Rights shall be equal only to evidenced solely by such Rights Certificates, and the number Rights Certificates and the Rights will be transferable separately from the transfer of shares which would have been issuable Common Stock. The Company shall promptly notify the Rights Agent in writing upon the occurrence of the Distribution Date and, if such notification is given orally, the Company shall confirm the same in writing on or prior to the adjustmentBusiness Day next following. Until such written notice is received by the Rights Agent, the Rights Agent may presume conclusively for all purposes that the Distribution Date has not occurred.
Appears in 1 contract
Sources: Rights Agreement (Cytrx Corp)
Issue of Rights Certificates. (a) Until the Separation Distribution Date, (xi) the Rights will be evidenced (subject to the provisions of Section 3(b) hereof) by the certificates for the representing shares of Common Shares Stock registered in the names of the holders of the Common Shares Stock (which certificates for Common Shares shall be deemed also to be certificates for the associated Rights) and not by separate rights certificates, and (yii) the Rights will be transferable only in connection with the transfer of the underlying associated shares of Common Shares (including a transfer to the Company)Stock. As soon as practicable after the Separation Distribution Date, the Rights Agent will send by first-class, insured, postage prepaid mail, to each record holder of the Common Shares Stock as of the Close of Business on the Separation Distribution Date, at the address of such holder shown on the stock transfer records of the Company, a Rights certificateone or more rights certificates, in substantially the form of Exhibit A B hereto (the "Rights Certificates"), evidencing one Right for each Common Share so heldin the aggregate that number of Rights to which such holder is entitled in accordance with the provisions of this Agreement. As of and after the Separation Distribution Date, the Rights will be evidenced solely by such Rights Certificates. The Rights are exercisable only in accordance with the provisions of Section 7 hereof and are redeemable only in accordance with Section 23 hereof.
(b) As promptly soon as practicable following after the Dividend Record Date, the Company will send cause a copy of a Summary of Rights, in substantially the form attached hereto as Exhibit B C (the "Summary of Rights"), to be sent by first-class, postage prepaid mail mail, to each record holder of the Common Shares Stock as of the Close of Business on the Dividend Record Date, at the address of such holder shown on the stock transfer records of the Company. With respect to certificates for the Common Stock outstanding as of the Dividend Record Date, until the Distribution Date, the Rights associated with the shares of Common Stock represented by such certificates will be evidenced by such certificates for the Common Stock and the registered holders of the Common Stock shall also be the registered holders of the associated Rights. Until the Distribution Date (or the earlier redemption, expiration or termination of the Rights), the surrender for transfer of any of the certificates representing shares of the Common Stock outstanding on the Dividend Record Date, with or without a copy of the Summary of Rights, shall also constitute the transfer of the Rights associated with the Common Stock represented by such certificate.
(c) Certificates for the Rights shall be issued in respect of all shares of Common Shares Stock issued (including reissuance of treasury shareswhether originally issued or delivered from the Company's treasury) after the Dividend Record Date but prior to the earlier earliest of (i) the Distribution Date, (ii) the Expiration Date, or (iii) the redemption of the Separation Date Rights. Certificates representing such shares of Common Stock and certificates issued on transfer of such shares of Common Stock, with or without a copy of the Expiration Summary of Rights, prior to the Distribution Date (as hereinafter definedor earlier expiration or redemption of the Rights) shall be deemed also to be certificates for Rights (and Rights shall be issued in respect thereof)the associated Rights, and commencing as soon as reasonably practicable following the Dividend Record Date shall bear the following legend: "legend (or a legend substantially in the form thereof): This certificate also evidences and entitles the holder hereof to certain Rights as set forth in the a Rights Agreement between Coachmen Industriesthe issuer and BankBoston N.A., Inc. as Rights Agent (the "CompanyRights Agent") and First Chicago Trust Company of New York), dated as of January 5February 13, 2000 and effective January 12, 2000 1998 (the "Rights Agreement"), the terms of which are hereby incorporated herein by reference and a copy of which is on file at the principal offices of both the Companyissuer and the Rights Agent. The Rights Agent will mail to the registered holder of this certificate a copy of the Rights Agreement, as in effect on the date of mailing, without charge upon written request. Under certain circumstances, as circumstances set forth in the Rights Agreement, such Rights will be evidenced by separate certificates and will no longer be evidenced by this certificate. The Company will mail to the holder of this certificate a copy of Under certain circumstances set forth in the Rights Agreement without charge promptly after receipt of a written request therefor. Under certain circumstancesAgreement, Rights beneficially owned issued to, or held by any Person who is, was or becomes, or acquires shares from, an Acquiring Persons Person or any Affiliates or Associates thereof Affiliate of an Acquiring Person (as each such term is defined in the Rights Agreement) Agreement and any subsequent holder generally relating to the ownership or purchase of large shareholdings), whether currently held by or on behalf of such Rights Person or Affiliate or by certain subsequent holders, may become null and void."
(d) Subject to Section 13(h). Until the Distribution Date or the earlier redemption, after expiration or termination of the Separation Date but prior to Rights, the Expiration Date, Rights shall only be issued in connection associated with the issuance Common Stock shall be evidenced by the Common Stock certificates alone and the registered holders of Common Shares upon Stock shall also be the exercise registered holders of stock options granted prior to the Separation Date or upon associated Rights, and the exercise, conversion or exchange of securities issued by the Company prior to the Separation Date; provided, however, that if, pursuant to the terms surrender for transfer of any option, or exercise, conversion or exchange of securities, such certificates shall also constitute the number of shares issuable thereunder is adjusted after the Separation Date, the number of Rights issuable upon issuance transfer of the shares shall be equal only to Rights associated with the number of shares which would have been issuable prior to the adjustmentCommon Stock represented by such certificate.
Appears in 1 contract
Sources: Rights Agreement (Brown & Sharpe Manufacturing Co /De/)
Issue of Rights Certificates. (a) Until the Separation Distribution Date, (x) the Rights will be evidenced by the certificates for the Common Shares Stock registered in the names of the holders of the Common Shares (which certificates for Common Shares shall be deemed also to be certificates for Rights) Stock and not by separate certificates, and (y) the Rights will be transferable only in connection with the transfer of the underlying shares of Common Shares Stock (including a transfer to the Company). As soon as practicable after the Separation Distribution Date, the Rights Agent will send by first-class, insured, postage prepaid mail, to each record holder of the Common Shares Stock as of the Close close of Business business on the Separation DateDistribution Date (other than any Person referred to in the first sentence of SECTION 7(e)), at the address of such holder shown on the records of the Company, a Rights certificate, in substantially the form of Exhibit A hereto (the "one or more Rights Certificates"), evidencing one Right for each share of Common Share Stock so held, subject to adjustment as provided herein. In the event that an adjustment in the number of Rights per share of Common Stock has been made pursuant to SECTION 11(p) hereof, at the time of distribution of the Rights Certificates, the Company shall make the necessary and appropriate rounding adjustments (in accordance with SECTION 14(a) hereof) so that Rights Certificates representing only whole numbers of Rights are distributed and cash is paid in lieu of any fractional Rights. As of and after the Separation Distribution Date, the Rights will be evidenced solely by such Rights Certificates.
(b) As promptly as practicable following the Record Date, the Company One Right will send a copy be issued in respect of a Summary of Rights, in substantially the form attached hereto as Exhibit B (the "Summary of Rights"), by first-class, postage prepaid mail to each record holder share of Common Shares Stock issued and outstanding as of the Close close of Business business on the Record Date, at . Certificates issued for such shares of Common Stock and for shares of Common Stock that are issued or shall be transferred or exchanged after the address of such holder shown on Record Date but prior to the records earlier of the CompanyDistribution Date or the Expiration Date shall also be deemed to be certificates for Rights, and shall bear the legend referred to in paragraph (c) of this SECTION 3.
(c) Certificates for the Rights shall be issued in respect of all shares of Common Shares Stock that are issued (including reissuance of treasury shareswhether originally issued or delivered from the Company's treasury) after the Record Date but prior to the earlier of the Separation Distribution Date or the Expiration Date (as hereinafter defined) or, in certain circumstances provided in SECTION 22 hereof, after the Distribution Date. Certificates issued for shares of Common Stock that shall so become outstanding or shall be transferred or exchanged after the Record Date but prior to the earlier of the Distribution Date or the Expiration Date shall also be deemed also to be certificates for Rights (and Rights shall be issued in respect thereof)Rights, and shall bear the following legend: "This certificate also evidences and entitles the holder hereof to certain Rights as set forth in the Rights Agreement between Coachmen IndustriesHospira, Inc. (the "CompanyCOMPANY") and First Chicago EquiServe Trust Company of New YorkCompany, N.A. (the "RIGHTS AGENT"), dated as of January 5[___], 2000 and effective January 122004, 2000 as it may from time to time be supplemented or amended (the "Rights AgreementRIGHTS AGREEMENT"), the terms of which are hereby incorporated herein by reference and a copy of which is on file at the principal offices of the Company. Under certain circumstances, as set forth in the Rights Agreement, such Rights will may be redeemed, may be exchanged, may expire or may be evidenced by separate certificates and will no longer be evidenced by this certificate. The Company or the Rights Agent will mail to the holder of this certificate a copy of the Rights Agreement Agreement, as in effect on the date of mailing, without charge promptly after receipt of a written request therefor. Under certain circumstancesUNDER CERTAIN CIRCUMSTANCES SET FORTH IN THE RIGHTS AGREEMENT, Rights beneficially owned by Acquiring Persons or any Affiliates or Associates thereof RIGHTS BENEFICIALLY OWNED BY OR TRANSFERRED TO ANY PERSON WHO IS, WAS OR BECOMES AN ACQUIRING PERSON OR AN AFFILIATE OR ASSOCIATE THEREOF (as defined in the Rights Agreement) and any subsequent holder of such Rights may become null and void."
(d) Subject to Section 13(hAS SUCH TERMS ARE DEFINED IN THE RIGHTS AGREEMENT), after AND CERTAIN TRANSFEREES THEREOF, WILL BECOME NULL AND VOID AND WILL NO LONGER BE TRANSFERABLE. With respect to such certificates containing the Separation foregoing legend, until the earlier of the Distribution Date but prior to or the Expiration Date, the Rights shall only be issued in connection associated with the issuance Common Stock represented by such certificates shall be evidenced by such certificates alone, and registered holders of Common Shares upon Stock shall also be the exercise registered holders of stock options granted prior to the Separation Date or upon associated Rights, and the exercise, conversion or exchange of securities issued by the Company prior to the Separation Date; provided, however, that if, pursuant to the terms transfer of any option, or exercise, conversion or exchange of securities, such certificates shall also constitute the number of shares issuable thereunder is adjusted after the Separation Date, the number of Rights issuable upon issuance transfer of the shares shall be equal only to Rights associated with the number of shares which would have been issuable prior to the adjustmentCommon Stock represented by such certificates.
Appears in 1 contract
Sources: Rights Agreement (Hospira Inc)
Issue of Rights Certificates. (a) Until On the Separation Record Date, (x) the Rights will be evidenced by the certificates for the Common Shares registered in the names of the holders of the Common Shares (which certificates for Common Shares shall be deemed also to be certificates for Rights) and not by separate certificates, and (y) the Rights will be transferable only in connection with the transfer of the underlying Common Shares (including a transfer to the Company). As or as soon as practicable after thereafter, the Separation DateCompany will send (directly or, at the expense of the Company, through the Rights Agent will send or its transfer agent if the Rights Agent or transfer agent is directed by first-classthe Company and provided with all necessary information and documents) a copy of a Summary of Rights to Purchase Preferred Stock, insured, postage prepaid mailin substantially the form attached hereto as Exhibit B and which may be appended to certificates that represent shares of Common Stock (the “Summary of Rights”), to each record holder of the Common Shares Stock as of the Close of Business on the Separation DateRecord Date (other than any Acquiring Person or any Associate or Affiliate of any Acquiring Person), at the address of such holder shown on the records of the CompanyCompany or transfer agent or register for Common Stock. With respect to certificates representing shares of Common Stock (or Book Entry shares of Common Stock) outstanding as of the Record Date, a Rights certificate, in substantially until the form of Exhibit A hereto (the "Rights Certificates"), evidencing one Right for each Common Share so held. As of and after the Separation Distribution Date, the Rights will shall be evidenced solely by such shares of Common Stock registered in the names of the holders thereof together with the Summary of Rights, and not by separate Rights Certificates. With respect to Book Entry shares of Common Stock outstanding as of the Record Date, until the Distribution Date, the Rights shall be evidenced by the balances indicated in the Book Entry account system of the transfer agent for the Common Stock together with the Summary of Rights. Until the earlier of the Distribution Date and the Expiration Date, the transfer of any shares of Common Stock outstanding on the Record Date (whether represented by certificates or evidenced by the balances indicated in the Book Entry account system of the transfer agent for the Common Stock, and, in either case, regardless of whether a copy of the Summary of Rights is submitted with the surrender or request for transfer), shall also constitute the transfer of the Rights associated with such shares of Common Stock.
(b) As promptly as practicable following the Record DateRights shall be issued, the Company will send a copy of a Summary of Rightswithout any further action, in substantially the form attached hereto as Exhibit B (the "Summary respect of Rights"), by first-class, postage prepaid mail to each record holder all shares of Common Shares as of the Close of Business on the Record Date, at the address of such holder shown on the records of Stock that become outstanding (whether originally issued or delivered from the Company.
(c) Certificates for the Common Shares issued (including reissuance of treasury shares’s treasury) after the Record Date but prior to the earlier of the Separation Distribution Date or and the Expiration Date (as hereinafter defined) shall be deemed Date; provided, however, that Rights also to be certificates for Rights (and Rights shall be issued to the extent provided in respect thereof)Section 21 hereof. Confirmation and account statements sent to holders of Common Stock for Book Entry form or, and in the case of certificated shares, certificates, representing such shares of Common Stock, issued after the Record Date shall bear a legend substantially in the following legendform: "“[This certificate certificate] [These shares] also evidences evidence[s] and entitles entitle[s] the holder hereof to certain Rights as set forth in the a Rights Agreement between Coachmen IndustriesDominari Holdings Inc., Inc. a Delaware corporation (the "“Company") ”), and First Chicago Continental Stock Transfer & Trust Company of New Yorkor any successor Rights Agent (the “Rights Agent”), dated as of January 5October 11, 2000 and effective January 122023, 2000 as the same may be amended or supplemented from time to time (the "“Rights Agreement"”), the terms of which are hereby incorporated herein by reference and a copy of which is on file at the principal executive offices of the Company. Under certain circumstances, as set forth in the Rights Agreement, such Rights will shall be evidenced by separate certificates and will no longer be evidenced by [this certificate] [these shares]. The Company will mail to the holder of [this certificate certificate] [these shares] a copy of the Rights Agreement as in effect on the date of mailing without charge promptly after receipt of a written request therefor. Under certain circumstances, as set forth in the Rights beneficially owned Agreement, Rights that are Beneficially Owned by any Person who is, was or becomes an Acquiring Persons Person or any Affiliates or Associates Related Person thereof (as such capitalized terms are defined in the Rights Agreement) and any subsequent holder ), or specified transferees of such Rights Acquiring Person (or Related Person thereof) may become null and voidvoid and will no longer be transferable."
” With respect to all certificates representing shares of Common Stock containing the foregoing legend, until the earliest of the Distribution Date and the Expiration Date, the Rights associated with the Common Stock represented by such certificates shall be evidenced by such certificates alone and registered holders of Common Stock shall also be the registered holders of the associated Rights, and the transfer of any such certificate shall also constitute the transfer of the Rights associated with the shares of Common Stock represented by such certificates. With respect to Common Stock in Book Entry form for which there has been sent a confirmation or account statement containing the foregoing legend, until the earliest of the Distribution Date and the Expiration Date, the Rights associated with the Common Stock shall be evidenced by such Common Stock alone and registered holders of Common Stock shall also be the registered holders of the associated Rights, and the transfer of any such Common Stock shall also constitute the transfer of the Rights associated with such shares of Common Stock. Notwithstanding this paragraph (d) Subject to Section 13(hb), the omission of the legend or the failure to send, deliver or provide the registered owner of shares of Common Stock a copy of the Summary of Rights shall not affect the enforceability of any part of this Agreement or the rights of any holder of the Rights. In the event that the Company purchases or otherwise acquires any shares of Common Stock after the Separation Record Date but prior to the Expiration Distribution Date, any Rights associated with such shares of Common Stock shall be cancelled and retired so that the Company is not entitled to exercise any Rights associated with the shares of Common Stock that are no longer outstanding.
(c) Until the Distribution Date, the Rights shall be transferable only be issued in connection with the issuance transfer of the underlying shares of Common Shares upon the exercise of stock options granted prior Stock (including a transfer to the Separation Date or upon Company).
(d) As soon as practicable after the exerciseDistribution Date, conversion or exchange of securities issued by the Company prior will prepare and execute, and the Rights Agent will countersign and the Company will send or cause to be sent (and the Separation Date; providedRights Agent will, howeverif so requested and provided with all necessary information and documents, that ifat the expense of the Company, pursuant send) by first-class, insured, postage-prepaid mail, to the terms of any option, or exercise, conversion or exchange of securities, the number each record holder of shares issuable thereunder is adjusted after of Common Stock as of the Separation DateClose of Business on the Distribution Date (other than any Acquiring Person or any Related Person of an Acquiring Person), at the address of such holder shown on the records of the Company, one or more rights certificates, in substantially the form of Exhibit C hereto (the “Rights Certificate”), evidencing one Right for each share of Common Stock so held, subject to adjustment as provided herein. In the event that an adjustment in the number of Rights issuable upon issuance per share of Common Stock has been made pursuant to Section 11 hereof, at the time of distribution of the shares Rights Certificates, the Company shall make the necessary and appropriate rounding adjustments (in accordance with Section 14(a) hereof) so that Rights Certificates representing only whole numbers of Rights are distributed and cash is paid in lieu of any fractional Rights. As of and after the Distribution Date, the Rights shall be equal only to evidenced solely by such Rights Certificates, and the number Rights Certificates and the Rights shall be transferable separately from the transfer of shares which would have been issuable Common Stock. The Company shall promptly notify the Rights Agent in writing upon the occurrence of the Distribution Date and, if such notification is given orally, the Company shall confirm the same in writing on or prior to the adjustmentBusiness Day next following. Until such written notice is received by the Rights Agent, the Rights Agent may presume conclusively for all purposes that the Distribution Date has not occurred.
Appears in 1 contract
Sources: Rights Agreement
Issue of Rights Certificates. (a) Until On the Separation Record Date, (x) the Rights will be evidenced by the certificates for the Common Shares registered in the names of the holders of the Common Shares (which certificates for Common Shares shall be deemed also to be certificates for Rights) and not by separate certificates, and (y) the Rights will be transferable only in connection with the transfer of the underlying Common Shares (including a transfer to the Company). As or as soon as practicable after thereafter, the Separation DateCompany will make available (directly or, at the expense of the Company, through the Rights Agent will send or its transfer agent if the Rights Agent or transfer agent is directed by first-classthe Company and provided with all necessary information and documents, insuredin form and substance reasonably satisfactory to the Rights Agent) a copy of a Summary of Rights to Purchase Preferred Stock, postage prepaid mailin substantially the form attached hereto as Exhibit B and which may be appended to certificates that represent shares of Common Stock (the “Summary of Rights”), to each record holder of the Common Shares Stock as of the Close of Business on the Separation DateRecord Date (other than any Acquiring Person or any Related Person of any Acquiring Person), at the address of such holder shown on the records of the CompanyCompany or transfer agent or register for Common Stock. With respect to certificates representing shares of Common Stock (or Book Entry shares of Common Stock) outstanding as of the Record Date, a Rights certificate, in substantially until the form of Exhibit A hereto (the "Rights Certificates"), evidencing one Right for each Common Share so held. As of and after the Separation Distribution Date, the Rights will shall be evidenced solely by such shares of Common Stock registered in the names of the holders thereof together with the Summary of Rights, and not by separate Rights Certificates. With respect to Book Entry shares of Common Stock outstanding as of the Record Date, until the Distribution Date, the Rights shall be evidenced by the balances indicated in the Book Entry account system of the transfer agent for the Common Stock together with the Summary of Rights. Until the earlier of the Distribution Date and the Expiration Date, the transfer of any shares of Common Stock outstanding on the Record Date (whether represented by certificates or evidenced by the balances indicated in the Book Entry account system of the transfer agent for the Common Stock, and, in either case, regardless of whether a copy of the Summary of Rights is submitted with the surrender or request for transfer), shall also constitute the transfer of the Rights associated with such shares of Common Stock.
(b) As promptly as practicable following the Record DateRights shall be issued, the Company will send a copy of a Summary of Rightswithout any further action, in substantially the form attached hereto as Exhibit B (the "Summary respect of Rights"), by first-class, postage prepaid mail to each record holder all shares of Common Shares as of the Close of Business on the Record Date, at the address of such holder shown on the records of Stock that become outstanding (whether originally issued or delivered from the Company.
(c) Certificates for the Common Shares issued (including reissuance of treasury shares’s treasury) after the Record Date but prior to the earlier of the Separation Distribution Date or and the Expiration Date (as hereinafter defined) shall be deemed Date; provided, however, that Rights also to be certificates for Rights (and Rights shall be issued to the extent provided in respect thereof)Section 22 hereof. Confirmation and account statements sent to holders of Common Stock for Book Entry form or, and in the case of certificated shares, certificates, representing such shares of Common Stock, issued after the Record Date shall bear a legend substantially in the following legendform: "“[This certificate certificate] [These shares] also evidences evidence[s] and entitles entitle[s] the holder hereof to certain Rights as set forth in the Rights Agreement a Tax Benefits Preservation Plan by and between Coachmen IndustriesOasis Petroleum Inc., Inc. a Delaware corporation (the "“Company"”), and Computershare Trust Company, N.A., or any successor Rights Agent (the “Rights Agent”) and First Chicago Trust Company of New York, dated as of January 5August 3, 2000 and effective January 122021, 2000 as the same may be amended or supplemented from time to time (the "“Rights Agreement"”), the terms of which are hereby incorporated herein by reference and a copy of which is on file at the principal executive offices of the Company. Under certain circumstances, as set forth in the Rights Agreement, such Rights will shall be evidenced by separate certificates and will no longer be evidenced by [this certificate] [these shares]. The Company will mail to the holder of [this certificate certificate] [these shares] a copy of the Rights Agreement as in effect on the date of mailing without charge promptly after receipt of a written request therefor. Under certain circumstances, as set forth in the Rights beneficially owned Agreement, Rights that are Beneficially Owned by any Person who is, was or becomes an Acquiring Persons Person or any Affiliates or Associates Related Person thereof (as such capitalized terms are defined in the Rights Agreement) and any subsequent holder ), or specified transferees of such Rights Acquiring Person (or Related Person thereof) may become null and voidvoid and will no longer be transferable."
” With respect to all certificates representing shares of Common Stock containing the foregoing legend in substantially similar form, until the earlier of the Distribution Date and the Expiration Date, the Rights associated with the Common Stock represented by such certificates shall be evidenced by such certificates alone and registered holders of Common Stock shall also be the registered holders of the associated Rights, and the transfer of any such certificate shall also constitute the transfer of the Rights associated with the shares of Common Stock represented by such certificates. With respect to Common Stock in Book Entry form for which there has been sent a confirmation or account statement containing the foregoing legend in substantially similar form, until the earlier of the Distribution Date and the Expiration Date, the Rights associated with the Common Stock shall be evidenced by such Common Stock alone and registered holders of Common Stock shall also be the registered holders of the associated Rights, and the transfer of any such Common Stock shall also constitute the transfer of the Rights associated with such shares of Common Stock. Notwithstanding this paragraph (d) Subject to Section 13(hb), the omission of the legend or the failure to send, deliver or provide the registered owner of shares of Common Stock a copy of the Summary of Rights shall not affect the enforceability of any part of this Agreement or the rights of any holder of the Rights. In the event that the Company purchases or otherwise acquires any shares of Common Stock after the Separation Record Date but prior to the Expiration Distribution Date, any Rights associated with such shares of Common Stock shall be cancelled and retired so that the Company is not entitled to exercise any Rights associated with the shares of Common Stock that are no longer outstanding.
(c) Until the Distribution Date, the Rights shall be transferable only be issued in connection with the issuance transfer of the underlying shares of Common Shares upon the exercise of stock options granted prior Stock (including a transfer to the Separation Date Company).
(d) As soon as practicable after the Distribution Date, the Company will prepare and execute, and upon written request of the Company, the Rights Agent will countersign and the Company will send or upon cause to be sent (and the exerciseRights Agent will, conversion or exchange of securities issued if so requested by the Company prior in writing and provided with all necessary information and documents, in form and substance reasonably satisfactory to the Separation Date; providedRights Agent, howeverat the expense of the Company, that ifsend) by first-class, pursuant insured, postage-prepaid mail, to the terms of any option, or exercise, conversion or exchange of securities, the number each record holder of shares issuable thereunder is adjusted after of Common Stock as of the Separation DateClose of Business on the Distribution Date (other than any Acquiring Person or any Related Person of an Acquiring Person), at the address of such holder shown on the records of the Company, one or more rights certificates, in substantially the form of Exhibit C hereto (the “Rights Certificate”), evidencing one Right for each share of Common Stock so held, subject to adjustment as provided herein. In the event that an adjustment in the number of Rights issuable upon issuance per share of Common Stock has been made pursuant to Section 11 hereof, at the time of distribution of the shares Rights Certificates, the Company may make the necessary and appropriate rounding adjustments (in accordance with Section 14(a) hereof) so that Rights Certificates representing only whole numbers of Rights are distributed and, if such adjustments are made, the Company may pay cash in lieu of any fractional Rights (in accordance with Section 14(a) hereof). As of and after the Distribution Date, the Rights shall be equal only to evidenced solely by such Rights Certificates, and the number Rights Certificates and the Rights shall be transferable separately from the transfer of shares which would have been issuable Common Stock. The Company shall promptly notify the Rights Agent in writing upon the occurrence of the Distribution Date and, if such notification is given orally, the Company shall confirm the same in writing on or prior to the adjustmentBusiness Day next following. Until such written notice is received by the Rights Agent, the Rights Agent may presume conclusively for all purposes that the Distribution Date has not occurred.
Appears in 1 contract
Sources: Tax Benefits Preservation Plan (Oasis Petroleum Inc.)
Issue of Rights Certificates. (a) Until On the Separation Record Date, (x) the Rights will be evidenced by the certificates for the Common Shares registered in the names of the holders of the Common Shares (which certificates for Common Shares shall be deemed also to be certificates for Rights) and not by separate certificates, and (y) the Rights will be transferable only in connection with the transfer of the underlying Common Shares (including a transfer to the Company). As or as soon as practicable after thereafter, the Separation DateCompany will send (directly or, at the expense of the Company, through the Rights Agent will send or its transfer agent if the Rights Agent or transfer agent is directed by first-classthe Company and provided with all necessary information and documents) a copy of a Summary of Rights to Purchase Preferred Stock, insured, postage prepaid mailin substantially the form attached hereto as Exhibit B and which may be appended to certificates that represent shares of Common Stock (the “Summary of Rights”), to each record holder of the Common Shares Stock as of the Close of Business on the Separation DateRecord Date (other than any Acquiring Person or any Associate or Affiliate of any Acquiring Person), at the address of such holder shown on the records of the CompanyCompany or transfer agent or register for Common Stock. With respect to certificates representing shares of Common Stock (or Book Entry shares of Common Stock) outstanding as of the Record Date, a Rights certificate, in substantially until the form of Exhibit A hereto (the "Rights Certificates"), evidencing one Right for each Common Share so held. As of and after the Separation Distribution Date, the Rights will shall be evidenced solely by such shares of Common Stock registered in the names of the holders thereof together with the Summary of Rights, and not by separate Rights Certificates. With respect to Book Entry shares of Common Stock outstanding as of the Record Date, until the Distribution Date, the Rights shall be evidenced by the balances indicated in the Book Entry account system of the transfer agent for the Common Stock together with the Summary of Rights. Until the earlier of the Distribution Date and the Expiration Date, the transfer of any shares of Common Stock outstanding on the Record Date (whether represented by certificates or evidenced by the balances indicated in the Book Entry account system of the transfer agent for the Common Stock, and, in either case, regardless of whether a copy of the Summary of Rights is submitted with the surrender or request for transfer), shall also constitute the transfer of the Rights associated with such shares of Common Stock.
(b) As promptly as practicable following the Record DateRights shall be issued, the Company will send a copy of a Summary of Rightswithout any further action, in substantially the form attached hereto as Exhibit B (the "Summary respect of Rights"), by first-class, postage prepaid mail to each record holder all shares of Common Shares as of the Close of Business on the Record Date, at the address of such holder shown on the records of Stock that become outstanding (whether originally issued or delivered from the Company.
(c) Certificates for the Common Shares issued (including reissuance of treasury shares’s treasury) after the Record Date but prior to the earlier of the Separation Distribution Date or and the Expiration Date (as hereinafter defined) shall be deemed Date; provided, however, that Rights also to be certificates for Rights (and Rights shall be issued to the extent provided in respect thereof)Section 22 hereof. Confirmation and account statements sent to holders of Common Stock for Book Entry form or, and in the case of certificated shares, certificates, representing such shares of Common Stock, issued after the Record Date shall bear a legend substantially in the following legendform: "“[This certificate certificate] [These shares] also evidences evidence[s] and entitles entitle[s] the holder hereof to certain Rights as set forth in the a Rights Agreement between Coachmen IndustriesMYOS RENS Technology Inc., Inc. a Nevada corporation (the "“Company"”), and Island Stock Transfer or any successor Rights Agent (the “Rights Agent”) and First Chicago Trust Company of New York, dated as of January 5February 14, 2000 and effective January 122017, 2000 as the same may be amended from time to time (the "“Rights Agreement"”), the terms of which are hereby incorporated herein by reference and a copy of which is on file at the principal executive offices of the Company. Under certain circumstances, as set forth in the Rights Agreement, such Rights will shall be evidenced by separate certificates and will no longer be evidenced by [this certificate] [these shares]. The Company will mail to the holder of [this certificate certificate] [these shares] a copy of the Rights Agreement as in effect on the date of mailing without charge promptly after receipt of a written request therefor. Under certain circumstances, as set forth in the Rights beneficially owned Agreement, Rights that are Beneficially Owned by any Person who is, was or becomes an Acquiring Persons Person or any Affiliates or Associates Related Person thereof (as such capitalized terms are defined in the Rights Agreement) and any subsequent holder ), or specified transferees of such Rights Acquiring Person (or Related Person thereof) may become null and voidvoid and will no longer be transferable."
” With respect to all certificates representing shares of Common Stock containing the foregoing legend, until the earliest of the Distribution Date and the Expiration Date, the Rights associated with the Common Stock represented by such certificates shall be evidenced by such certificates alone and registered holders of Common Stock shall also be the registered holders of the associated Rights, and the transfer of any such certificate shall also constitute the transfer of the Rights associated with the shares of Common Stock represented by such certificates. With respect to Common Stock in Book Entry form for which there has been sent a confirmation or account statement containing the foregoing legend, until the earliest of the Distribution Date and the Expiration Date, the Rights associated with the Common Stock shall be evidenced by such Common Stock alone and registered holders of Common Stock shall also be the registered holders of the associated Rights, and the transfer of any such Common Stock shall also constitute the transfer of the Rights associated with such shares of Common Stock. Notwithstanding this paragraph (d) Subject to Section 13(hb), the omission of the legend or the failure to send, deliver or provide the registered owner of shares of Common Stock a copy of the Summary of Rights shall not affect the enforceability of any part of this Agreement or the rights of any holder of the Rights. In the event that the Company purchases or otherwise acquires any shares of Common Stock after the Separation Record Date but prior to the Expiration Distribution Date, any Rights associated with such shares of Common Stock shall be cancelled and retired so that the Company is not entitled to exercise any Rights associated with the shares of Common Stock that are no longer outstanding.
(c) Until the Distribution Date, the Rights shall be transferable only be issued in connection with the issuance transfer of the underlying shares of Common Shares upon the exercise of stock options granted prior Stock (including a transfer to the Separation Date or upon Company).
(d) As soon as practicable after the exerciseDistribution Date, conversion or exchange of securities issued by the Company prior will prepare and execute, and the Rights Agent will countersign and the Company will send or cause to be sent (and the Separation Date; providedRights Agent will, howeverif so requested and provided with all necessary information and documents, that ifat the expense of the Company, pursuant send) by first-class, insured, postage-prepaid mail, to the terms of any option, or exercise, conversion or exchange of securities, the number each record holder of shares issuable thereunder is adjusted after of Common Stock as of the Separation DateClose of Business on the Distribution Date (other than any Acquiring Person or any Related Person of an Acquiring Person), at the address of such holder shown on the records of the Company, one or more rights certificates, in substantially the form of Exhibit C hereto (the “Rights Certificate”), evidencing one Right for each share of Common Stock so held, subject to adjustment as provided herein. In the event that an adjustment in the number of Rights issuable upon issuance per share of Common Stock has been made pursuant to Section 11 hereof, at the time of distribution of the shares Rights Certificates, the Company shall make the necessary and appropriate rounding adjustments (in accordance with Section 14(a) hereof) so that Rights Certificates representing only whole numbers of Rights are distributed and cash is paid in lieu of any fractional Rights. As of and after the Distribution Date, the Rights shall be equal only to evidenced solely by such Rights Certificates, and the number Rights Certificates and the Rights shall be transferable separately from the transfer of shares which would have been issuable Common Stock. The Company shall promptly notify the Rights Agent in writing upon the occurrence of the Distribution Date and, if such notification is given orally, the Company shall confirm the same in writing on or prior to the adjustmentBusiness Day next following. Until such written notice is received by the Rights Agent, the Rights Agent may presume conclusively for all purposes that the Distribution Date has not occurred.
Appears in 1 contract
Issue of Rights Certificates. (a) Until the Separation Date, (x) the Rights will be evidenced by the certificates for the Common Shares registered in the names of the holders of the Common Shares (which certificates for Common Shares shall be deemed also to be certificates for Rights) and not by separate certificates, and (y) the Rights will be transferable only in connection with the transfer of the underlying Common Shares (including a transfer to the Company). As soon as practicable after the Separation Date, the Rights Agent will send by first-class, insured, postage prepaid mail, to each record holder of the Common Shares as of the Close of Business on the Separation Date, at the address of such holder shown on the records of the Company, a Rights certificate, in substantially the form of Exhibit A hereto (the "Rights Certificates"), evidencing one Right for each Common Share so held. As of and after the Separation Date, the Rights will be evidenced solely by such Rights Certificates.
(b) As promptly as practicable following the Record Date, the Company will send a copy of a Summary of RightsRights to Purchase Preferred Stock, in substantially the form attached hereto as Exhibit B (the "Summary of Rights")EXHIBIT B, by first-class, postage prepaid mail mail, to each record holder of Common Shares Stock as of the Close of Business on the Record Date, Date at the address of such holder shown on the records of the Company. With respect to certificates for shares of Common Stock outstanding as of the Record Date, until the Distribution Date, the Rights will be evidenced by such certificates for the Common Stock and the registered holders of the Common Stock shall also be the registered holders of the associated Rights. Until the Distribution Date (or the earlier Expiration Date or Final Expiration Date), the transfer of any certificate representing shares of Common Stock in respect of which Rights have been issued shall also constitute the transfer of the Rights associated with the shares of Common Stock represented thereby.
(cb) Certificates for the Rights shall be issued in respect of all shares of Common Shares Stock issued (including reissuance of treasury shareswhether originally issued or from the Company's treasury) after the Record Date but prior to the earlier earliest of the Separation Distribution Date, the Expiration Date or the Final Expiration Date. Rights shall also be issued to the extent provided in Section 22 in respect of all shares of Common Stock which are issued (whether originally issued or from the Company's treasury) after the Distribution Date (as hereinafter defined) and prior to the Expiration Date. Certificates representing such shares of Common Stock shall also be deemed also to be certificates for Rights (and Rights shall be issued in respect thereof)Rights, and shall bear the following legend: "This certificate also evidences and entitles the holder hereof to certain Rights as set forth in the a Rights Agreement between Coachmen Industries, PlanetCAD Inc. (the "Company") and First Chicago Trust Company of New York▇▇▇▇▇ 5 Fargo Bank Minnesota, N.A. dated as of January 5March 11, 2000 and effective January 12, 2000 2002 (the "Rights Agreement"), the terms of which are hereby incorporated herein by reference and a copy of which is on file at the principal executive offices of the Company. Under certain circumstances, as set forth in the Rights Agreement, such Rights will be evidenced by separate certificates and will no longer be evidenced by this certificate. The Company will mail to the holder of this certificate a copy of the Rights Agreement as in effect on the date of mailing without charge promptly after receipt of a written request therefor. Under certain circumstancescircumstances set forth in the Rights Agreement, Rights beneficially owned by issued to, or held by, any Person who is, was or becomes an Acquiring Persons Person or any Affiliates Affiliate or Associates Associate thereof (as such terms are defined in the Rights Agreement) and ), whether currently held by or on behalf of such Person or by any subsequent holder of such Rights holder, may become null and void. The Rights shall not be exercisable, and shall be void so long as held, by a holder in any jurisdiction where the requisite qualification of the issuance to such holder, or the exercise by such holder, of the Rights in such jurisdiction shall not have been obtained or be obtainable. With respect to such certificates containing the foregoing legend, until the earlier of (i) the Distribution Date or (ii) the Expiration Date, the Rights associated with the Common Stock represented by such certificates shall be evidenced by such certificates alone and registered holders of Common Stock shall also be the registered holders of the associated Rights, and the transfer of any such certificate shall also constitute the transfer of the Rights associated with the Common Stock represented thereby."
(c) Until the Distribution Date (i) the Rights will be evidenced (subject to the provisions of paragraph (a) of this Section 3) by the certificates for Common Stock registered in the names of the holders thereof (which certificates for Common Stock shall also be deemed to be Rights Certificates) and not by separate Rights Certificates, and (ii) the Rights will be transferable only in connection with the transfer of the underlying shares of Common Stock (including a transfer to the Company).
(d) Subject As soon as practicable after the Distribution Date, the Rights Agent will send by first-class, insured, postage prepaid mail, to Section 13(heach record holder of Common Stock as of the Close of Business on the Distribution Date, at the address of such holder shown on the records of the Company, a certificate, in substantially the form of EXHIBIT C hereto (a "Rights Certificate"), after the Separation Date but prior to the Expiration Date, Rights shall only be issued in connection with the issuance evidencing one Right for each share of Common Shares upon Stock so held, subject to adjustment as provided herein. In the exercise of stock options granted prior to the Separation Date or upon the exercise, conversion or exchange of securities issued by the Company prior to the Separation Date; provided, however, event that if, pursuant to the terms of any option, or exercise, conversion or exchange of securities, the number of shares issuable thereunder is adjusted after the Separation Date, an adjustment in the number of Rights issuable upon issuance per share of Common Stock has been made pursuant to Section 11(p) hereof, at the time of distribution of the shares Rights Certificates, the Company shall make necessary and appropriate rounding adjustments (in accordance with Section 14(a) hereof) so that Rights Certificates representing only whole numbers of Rights are distributed and cash is paid in lieu of any fractional Rights. As of and after the Distribution Date, the Rights will be equal only to the number of shares which would have been issuable prior to the adjustmentevidenced solely by such Right Certificates.
Appears in 1 contract
Sources: Rights Agreement (Planetcad Inc)
Issue of Rights Certificates. (a) Until the Separation Date, (x) the Rights will be evidenced by the certificates for the Common Shares registered in the names of the holders of the Common Shares (which certificates for Common Shares shall be deemed also to be certificates for Rights) and not by separate certificates, and (y) the Rights will be transferable only in connection with the transfer of the underlying Common Shares (including a transfer to the Company). As soon as practicable after the Separation Date, the Rights Agent will send by first-class, insured, postage prepaid mail, to each record holder of the Common Shares as of the Close of Business on the Separation Date, at the address of such holder shown on the records of the Company, a Rights certificate, in substantially the form of Exhibit A hereto (the "Rights Certificates"), evidencing one Right for each Common Share so held. As of and after the Separation Date, the Rights will be evidenced solely by such Rights Certificates.
(b) As promptly as practicable following the Record Date, the Company will send shall make available a copy of a Summary of RightsRights to Purchase Preferred Stock, in substantially the form attached hereto as Exhibit B (the "“Summary of Rights"”), by first-class, postage prepaid mail to each record holder of Common Shares Stock who may so request from time to time prior to the Expiration Date. With respect to certificates for shares of Common Stock outstanding as of the Close of Business on the Record Date, at until the address of Distribution Date, the Rights shall be evidenced by such holder shown on certificates for the records Common Stock and the registered holders of the CompanyCommon Stock shall also be the registered holders of the associated Rights. Until the Distribution Date (or the earlier Expiration Date or Final Expiration Date), the transfer of any certificate representing shares of Common Stock in respect of which Rights have been issued shall also constitute the transfer of the Rights associated with the shares of Common Stock represented thereby.
(cb) Certificates for the Rights shall be issued in respect of all shares of Common Shares Stock issued (including reissuance of treasury shareswhether originally issued or from the Company’s treasury) after the Record Date but prior to the earlier earliest of the Separation Distribution Date, the Redemption Date and the Final Expiration Date; provided, however, Rights shall also be issued to the extent provided in Section 22 hereof in respect of all shares of Common Stock which are issued (whether originally issued or from the Company’s treasury) after the Distribution Date and prior to the Expiration Date (as hereinafter defined) Date. Certificates representing such shares of Common Stock shall also be deemed also to be certificates for Rights (and Rights shall be issued in respect thereof)Rights, and shall bear the following legend: "legend (in addition to any other legends that may be required): This certificate also evidences and entitles the holder hereof to certain Rights as set forth in the a Rights Agreement between Coachmen IndustriesEvergreen Energy Inc. (the “Company”) and Interwest Transfer Company, Inc. (the "Company"“Rights Agent”) and First Chicago Trust Company of New York, dated as of January 5December 4, 2000 and effective January 122008, 2000 as the same may be amended from time to time (the "“Rights Agreement"”), the terms of which are hereby incorporated herein by reference and a copy of which is on file at the principal executive offices of the Company. Under certain circumstances, as set forth in the Rights Agreement, such Rights will shall be evidenced by separate certificates and will shall no longer be evidenced by this certificate. The Company will shall mail to the holder of this certificate a copy of the Rights Agreement as in effect on the date of mailing without charge promptly after receipt of a written request therefor. Under certain circumstancescircumstances set forth in the Rights Agreement, Rights beneficially owned by issued to, or held by, any Person who is, was or becomes an Acquiring Persons Person or any Affiliates Affiliate or Associates Associate thereof (as such terms are defined in the Rights Agreement) and ), whether currently held by or on behalf of such Person or by any subsequent holder of such Rights may holder, become null and void. With respect to such certificates containing the foregoing legend, until the earlier of (i) the Distribution Date or (ii) the Expiration Date, the Rights associated with the Common Stock represented by such certificates shall be evidenced by such certificates alone and registered holders of Common Stock shall also be the registered holders of the associated Rights, and the transfer of any such certificate shall also constitute the transfer of the Rights associated with the Common Stock represented thereby. Notwithstanding this paragraph (b), the omission of the foregoing legend shall not affect the enforceability of any part of this Agreement or the rights of any holder of the Rights."
(c) Until the Distribution Date, (i) the Rights shall be evidenced (subject to the provisions of paragraph (a) of this Section 3) by the certificates for Common Stock registered in the names of the holders thereof (which certificates for Common Stock shall also be deemed to be Rights Certificates) and not by separate Rights Certificates, and (ii) the Rights shall be transferable only in connection with the transfer of the underlying shares of Common Stock (including a transfer to the Company).
(d) Subject As soon as practicable after the Distribution Date, the Company shall prepare and execute, the Rights Agent shall countersign and the Company shall send or cause to Section 13(hbe sent (and the Rights Agent shall, if requested, send) by first-class, insured, postage-prepaid mail, to each record holder of Common Stock as of the Close of Business on the Distribution Date, at the address of such holder shown on the records of the Company, a rights certificate, in substantially the form of Exhibit C hereto (the “Rights Certificate”), after the Separation Date but prior to the Expiration Date, Rights shall only be issued in connection with the issuance evidencing one Right for each share of Common Shares upon Stock so held, subject to adjustment as provided herein. In the exercise of stock options granted prior to the Separation Date or upon the exercise, conversion or exchange of securities issued by the Company prior to the Separation Date; provided, however, event that if, pursuant to the terms of any option, or exercise, conversion or exchange of securities, the number of shares issuable thereunder is adjusted after the Separation Date, an adjustment in the number of Rights issuable upon issuance per share of Common Stock has been made pursuant to Section 11 hereof, at the time of distribution of the shares Rights Certificates, the Company shall make necessary and appropriate rounding adjustments (in accordance with Section 14(a) hereof) so that Rights Certificates representing only whole numbers of Rights are distributed and cash is paid in lieu of any fractional Rights. As of and after the Distribution Date, the Rights shall be equal only to the number of shares which would have been issuable prior to the adjustmentevidenced solely by such Rights Certificates.
Appears in 1 contract
Issue of Rights Certificates. (a) Until the Separation Distribution Date, (x) the Rights will be evidenced (subject to the provisions of paragraph (b) of this Section 3) by the certificates for the Common Shares registered in the names of the holders of the Common Shares (which certificates for Common Shares shall be deemed also to be certificates for Rights) and not by separate certificates, and (y) the Rights will be transferable only in connection with the transfer of the underlying shares of Common Shares (including a transfer to the Company). As soon as practicable after the Separation Distribution Date, the Rights Agent will send by first-class, insured, postage prepaid mail, to each record holder of the Common Shares as of the Close close of Business business on the Separation DateDistribution Date (other than any Person referred to in the first sentence of Section 7(e)), at the address of such holder shown on the records of the Company, a Rights certificate, in substantially the form of Exhibit A hereto (the "one or more Rights Certificates"), evidencing one Right for each Common Share so held, subject to adjustment as provided herein. In the event that an adjustment in the number of Rights per Common Share has been made pursuant to Section 11(p) -9- hereof, at the time of distribution of the Rights Certificates, the Company shall make the necessary and appropriate rounding adjustments (in accordance with Section 14(a) hereof) so that Rights Certificates representing only whole numbers of Rights are distributed and cash is paid in lieu of any fractional Rights. As of and after the Separation Distribution Date, the Rights will be evidenced solely by such Rights Certificates.
(b) As promptly as practicable following the Record Date, the Company will send a copy of a Summary of RightsRights to Purchase Preferred Stock, in substantially the form attached hereto as Exhibit B (the "Summary of Rights")C, by first-class, postage prepaid mail mail, to each record holder of Common Shares as of the Close close of Business business on the Record Date, at the address of such holder shown on the records of the Company. With respect to certificates for Common Shares outstanding as of the Record Date, until the Distribution Date or the earlier surrender for transfer thereof or the Expiration Date, the Rights associated with the Common Shares represented by such certificates shall be evidenced by such certificates for Common Shares together with the Summary of Rights, and the registered holders of the Common Shares shall also be the registered holders of the associated Rights. Until the earlier of the Distribution Date or the Expiration Date, the transfer of any of the certificates for Common Shares outstanding on the Record Date, with or without a copy of the Summary of Rights, shall also constitute the transfer of the Rights associated with the Common Shares represented by such certificates.
(c) Certificates for the Rights shall be issued in respect of all Common Shares that are issued (including reissuance of treasury shareswhether originally issued or delivered from the Company's treasury) after the Record Date but prior to the earlier of the Separation Distribution Date or the Expiration Date (as hereinafter defined) or, in certain circumstances provided in Section 22 hereof, after the Distribution Date. Certificates issued for Common Shares that shall so become outstanding or shall be transferred or exchanged after the Record Date but prior to the earlier of the Distribution Date or the Expiration Date shall also be deemed also to be certificates for Rights (and Rights shall be issued in respect thereof)Rights, and shall bear the following legend: "legend (which legend may be modified as necessary on the certificates for the Common Stock or Class B Common Stock, as the case may be, to reflect the application of this Agreement to the Common Stock or the Class B Common Stock, as the case may be): This certificate also evidences and entitles the holder hereof to certain Rights as set forth in the Rights Agreement between Coachmen IndustriesWit Capital Group, Inc. (the "Company") and First Chicago American Stock Transfer & Trust Company of New York, dated (the "Rights Agent") as of January 5, 2000 and effective January 12, 2000 it may from time to time be supplemented or amended (the "Rights Agreement"), the terms of which are hereby incorporated herein by reference and a copy of which is on file at the principal offices of the Company. Under certain circumstances, as set forth in the Rights Agreement, such Rights will may be redeemed, may be exchanged, may expire or may be evidenced by separate certificates and will no longer be evidenced by this certificate. The Company will mail to the holder of this certificate a copy of the Rights Agreement Agreement, as in effect on the date of mailing, without charge promptly after receipt of a written request therefor. Under certain circumstancesUNDER CERTAIN CIRCUMSTANCES SET FORTH IN THE RIGHTS AGREEMENT, Rights beneficially owned by Acquiring Persons or any Affiliates or Associates thereof RIGHTS BENEFICIALLY OWNED BY OR TRANSFERRED TO ANY PERSON WHO IS, WAS OR BECOMES AN ACQUIRING PERSON OR AN AFFILIATE OR ASSOCIATE THEREOF (as defined in the Rights Agreement) and any subsequent holder of such Rights may become null and void."
(d) Subject to Section 13(hAS SUCH TERMS ARE DEFINED IN THE RIGHTS AGREEMENT), after AND CERTAIN TRANSFEREES THEREOF, WILL BECOME NULL AND VOID AND WILL NO LONGER BE TRANSFERABLE. With respect to such certificates containing the Separation foregoing legend, until the earlier of the Distribution Date but prior to or the Expiration Date, the Rights shall only be issued in connection associated with the issuance Common Shares represented by such certificates shall be evidenced by such certificates alone, and registered holders of Common Shares upon shall also be the exercise registered holders of stock options granted prior to the Separation Date or upon associated Rights, and the exercise, conversion or exchange of securities issued by the Company prior to the Separation Date; provided, however, that if, pursuant to the terms transfer of any option, or exercise, conversion or exchange of securities, such certificates shall also constitute the number of shares issuable thereunder is adjusted after the Separation Date, the number of Rights issuable upon issuance transfer of the shares shall be equal only to Rights associated with the number of shares which would have been issuable prior to the adjustmentCommon Shares represented by such certificates.
Appears in 1 contract
Issue of Rights Certificates. (a) Until the Separation Distribution Date, (xi) the Rights will be evidenced (subject to the provisions of 3(b) hereof) by the certificates for the Common Shares Stock registered in the names of the holders of the Common Shares Stock (which certificates for Common Shares Stock shall be deemed also to be certificates for Rights) and not by separate certificates, and (yii) the Rights will be transferable only in connection with the transfer of the underlying shares of Common Shares Stock (including a transfer to the Company). As soon as practicable after the Separation Distribution Date, the Rights Agent will send by first-class, insured, postage prepaid mail, to each record holder of the Common Shares Stock as of the Close close of Business business on the Separation Distribution Date, at the address of such holder shown on the records of the Company, a Rights certificate, in substantially the form of Exhibit A hereto (the "one or more Rights Certificates"), evidencing one Right for each share of Common Share Stock so held, subject to adjustment as provided herein. In the event that an adjustment in the number of Rights per share of Common Stock has been made pursuant to Section 11(p) hereof, at the time of distribution of the Rights Certificates, the Company shall make the necessary and appropriate rounding adjustments (in accordance with Section 14(a) hereof) so that Rights Certificates representing only whole numbers of Rights are distributed and cash is paid in lieu of any fractional Rights. As of and after the Separation Distribution Date, the Rights will be evidenced solely by such Rights Certificates.
(b) As promptly as practicable following On the Record Date, or as soon as practicable thereafter, the Company will send a copy of a Summary of Rights, in substantially the form attached hereto as Exhibit B (the "Summary of Rights"), by first-class, postage postage- prepaid mail mail, to each record holder of shares of Common Shares Stock as of the Close close of Business on business of the Record Date, at the address of such holder shown on the records of the Company. With respect to certificates for Common Stock outstanding as of the Record Date, until the Distribution Date, the Rights will be evidenced by such certificates registered in the names of the holders thereof together with a copy of the Summary of Rights attached thereto. Until the Distribution Date (or the earlier of the Redemption Date or the Final Expiration Date), the surrender for transfer of any certificate for Common Stock outstanding on the Record Date, with or without a copy of the Summary of Rights attached thereto, shall also constitute the transfer of the Rights associated with such Common Stock.
(c) Certificates for the Rights shall be issued in respect of all shares of Common Shares Stock which are issued (including reissuance of treasury shares) after the Record Date but prior to the earlier of the Separation Distribution Date or the Expiration Date (as hereinafter defined) Date. Certificates representing such shares of Common Stock shall also be deemed also to be certificates for Rights (and Rights shall be issued in respect thereof)Rights, and shall bear the following legend: "This certificate also evidences and entitles the holder hereof to certain Rights as set forth in the Rights Agreement between Coachmen IndustriesICU Medical, Inc. (the "Company") and First Chicago Trust Company of New York▇▇▇▇▇ ▇▇▇▇▇▇ Shareholder Services, L.L.C., as Rights Agent, dated as of January 5July 15, 2000 and effective January 12, 2000 1997 (the "Rights Agreement"), the terms of which are hereby incorporated herein by reference and a copy of which is on file at the principal offices of the Company. ICU Medical, Inc. Under certain circumstances, as set forth in the Rights Agreement, such Rights will be evidenced by separate certificates and will no longer be evidenced by this certificate. The Company ICU Medical, Inc. will mail to the holder of this certificate a copy of the Rights Agreement Agreement, as in effect on the date of mailing, without charge promptly after receipt of a written request therefor. Under certain circumstancescircumstances set forth in the Rights Agreement, Rights beneficially owned by issued to, or held by, any Person who is, was or becomes an Acquiring Persons Person or any Affiliates Affiliate or Associates Associate thereof (as such terms are defined in the Rights Agreement) and ), whether currently held by or on behalf of such Person or by any subsequent holder of such Rights holder, may become null and void."
(d) Subject to Section 13(h), . If the Company purchases or acquires any Common Stock after the Separation Record Date but prior before the Distribution Date, any Rights associated with that Common Stock shall be deemed canceled so that the Company shall not be entitled to exercise any Rights associated with the Common Stock which are no longer outstanding. With respect to such certificates containing the foregoing legend, until the earlier of (i) the Distribution Date or (ii) the Expiration Date, the Rights shall only be issued in connection associated with the issuance Common Stock represented by such certificates shall be evidenced by such certificates alone and registered holders of Common Shares upon Stock shall also be the exercise registered holders of stock options granted prior to the Separation Date or upon associated Rights, and the exercise, conversion or exchange of securities issued by the Company prior to the Separation Date; provided, however, that if, pursuant to the terms transfer of any option, or exercise, conversion or exchange of securities, such certificates shall also constitute the number of shares issuable thereunder is adjusted after the Separation Date, the number of Rights issuable upon issuance transfer of the shares shall be equal only to Rights associated with the number of shares which would have been issuable prior to the adjustmentCommon Stock represented by such certificates.
Appears in 1 contract
Issue of Rights Certificates. (a) Until On the Separation Record Date, (x) the Rights will be evidenced by the certificates for the Common Shares registered in the names of the holders of the Common Shares (which certificates for Common Shares shall be deemed also to be certificates for Rights) and not by separate certificates, and (y) the Rights will be transferable only in connection with the transfer of the underlying Common Shares (including a transfer to the Company). As or as soon as practicable after thereafter, the Separation DateCompany will send (directly or, at the expense of the Company, through the Rights Agent will send or its transfer agent if the Rights Agent or transfer agent is directed by first-classthe Company and provided with all necessary information and documents) a copy of a Summary of Rights to Purchase Preferred Stock, insured, postage prepaid mailin substantially the form attached hereto as Exhibit B and which may be appended to certificates that represent shares of Common Stock (the “Summary of Rights”), to each record holder of the Common Shares Stock as of the Close of Business on the Separation DateRecord Date (other than any Acquiring Person or any Associate or Affiliate of any Acquiring Person), at the address of such holder shown on the records of the CompanyCompany or transfer agent or register for Common Stock. With respect to certificates representing shares of Common Stock (or Book Entry shares of Common Stock) outstanding as of the Record Date, a Rights certificate, in substantially until the form of Exhibit A hereto (the "Rights Certificates"), evidencing one Right for each Common Share so held. As of and after the Separation Distribution Date, the Rights will shall be evidenced solely by such shares of Common Stock registered in the names of the holders thereof together with the Summary of Rights, and not by separate Rights Certificates. With respect to Book Entry shares of Common Stock outstanding as of the Record Date, until the Distribution Date, the Rights shall be evidenced by the balances indicated in the Book Entry account system of the transfer agent for the Common Stock together with the Summary of Rights. Until the earlier of the Distribution Date and the Expiration Date, the transfer of any shares of Common Stock outstanding on the Record Date (whether represented by certificates or evidenced by the balances indicated in the Book Entry account system of the transfer agent for the Common Stock, and, in either case, regardless of whether a copy of the Summary of Rights is submitted with the surrender or request for transfer), shall also constitute the transfer of the Rights associated with such shares of Common Stock.
(b) As promptly as practicable following the Record DateRights shall be issued, the Company will send a copy of a Summary of Rightswithout any further action, in substantially the form attached hereto as Exhibit B (the "Summary respect of Rights"), by first-class, postage prepaid mail to each record holder all shares of Common Shares as of the Close of Business on the Record Date, at the address of such holder shown on the records of Stock that become outstanding (whether originally issued or delivered from the Company.
(c) Certificates for the Common Shares issued (including reissuance of treasury shares’s treasury) after the Record Date but prior to the earlier of the Separation Distribution Date or and the Expiration Date (as hereinafter defined) shall be deemed Date; provided, however, that Rights also to be certificates for Rights (and Rights shall be issued to the extent provided in respect thereof)Section 22 hereof. Confirmation and account statements sent to holders of Common Stock for Book Entry form or, and in the case of certificated shares, certificates, representing such shares of Common Stock, issued after the Record Date shall bear a legend substantially in the following legendform: "“[This certificate certificate] [These shares] also evidences evidence[s] and entitles entitle[s] the holder hereof to certain Rights as set forth in the a Rights Agreement between Coachmen IndustriesFred’s, Inc. Inc., a Tennessee corporation (the "“Company"”), and American Stock Transfer & Trust Company, LLC (the “Rights Agent”) and First Chicago Trust Company of New York, dated as of January 5December 26, 2000 and effective January 122016, 2000 as the same may be amended from time to time (the "“Rights Agreement"”), the terms of which are hereby incorporated herein by reference and a copy of which is on file at the principal executive offices of the Company. Under certain circumstances, as set forth in the Rights Agreement, such Rights will shall be evidenced by separate certificates and will no longer be evidenced by [this certificate] [these shares]. The Company will mail to the holder of [this certificate certificate] [these shares] a copy of the Rights Agreement as in effect on the date of mailing without charge promptly after receipt of a written request therefor. Under certain circumstances, as set forth in the Rights beneficially owned Agreement, Rights that are Beneficially Owned by any Person who is, was or becomes an Acquiring Persons Person or any Affiliates or Associates Related Person thereof (as such capitalized terms are defined in the Rights Agreement) and any subsequent holder ), or specified transferees of such Rights Acquiring Person (or Related Person thereof) may become null and voidvoid and will no longer be transferable."
” With respect to all certificates representing shares of Common Stock containing the foregoing legend, until the earliest of the Distribution Date and the Expiration Date, the Rights associated with the Common Stock represented by such certificates shall be evidenced by such certificates alone and registered holders of Common Stock shall also be the registered holders of the associated Rights, and the transfer of any such certificate shall also constitute the transfer of the Rights associated with the shares of Common Stock represented by such certificates. With respect to Common Stock in Book Entry form for which there has been sent a confirmation or account statement containing the foregoing legend, until the earliest of the Distribution Date and the Expiration Date, the Rights associated with the Common Stock shall be evidenced by such Common Stock alone and registered holders of Common Stock shall also be the registered holders of the associated Rights, and the transfer of any such Common Stock shall also constitute the transfer of the Rights associated with such shares of Common Stock. Notwithstanding this paragraph (d) Subject to Section 13(hb), the omission of the legend or the failure to send, deliver or provide the registered owner of shares of Common Stock a copy of the Summary of Rights shall not affect the enforceability of any part of this Agreement or the rights of any holder of the Rights. In the event that the Company purchases or otherwise acquires any shares of Common Stock after the Separation Record Date but prior to the Expiration Distribution Date, any Rights associated with such shares of Common Stock shall be cancelled and retired so that the Company is not entitled to exercise any Rights associated with the shares of Common Stock that are no longer outstanding.
(c) Until the Distribution Date, the Rights shall be transferable only be issued in connection with the issuance transfer of the underlying shares of Common Shares Stock (including, without limitation, a transfer to the Company).
(d) As soon as practicable after the Distribution Date, the Company will prepare and execute, and upon the exercise written request of stock options granted prior to the Separation Date or upon Company, the exercise, conversion or exchange of securities issued by Rights Agent will countersign and the Company prior will send or cause to be sent (and the Separation Date; providedRights Agent will, howeverif so requested and provided with all necessary information and documents, that ifat the expense of the Company, pursuant send) by first-class, insured, postage-prepaid mail, to the terms of any option, or exercise, conversion or exchange of securities, the number each record holder of shares issuable thereunder is adjusted after of Common Stock as of the Separation DateClose of Business on the Distribution Date (other than any Acquiring Person or any Related Person of an Acquiring Person), at the address of such holder shown on the records of the Company, one or more rights certificates, in substantially the form of Exhibit C hereto (the “Rights Certificate”), evidencing one Right for each share of Common Stock so held, subject to adjustment as provided herein. In the event that an adjustment in the number of Rights issuable upon issuance per share of Common Stock has been made pursuant to Section 11 hereof, at the time of distribution of the shares Rights Certificates, the Company shall make the necessary and appropriate rounding adjustments (in accordance with Section 14(a) hereof) so that Rights Certificates representing only whole numbers of Rights are distributed and cash is paid in lieu of any fractional Rights. As of and after the Distribution Date, the Rights shall be equal only to evidenced solely by such Rights Certificates, and the number Rights Certificates and the Rights shall be transferable separately from the transfer of shares which would have been issuable Common Stock. The Company shall promptly notify the Rights Agent in writing upon the occurrence of the Distribution Date and, if such notification is given orally, the Company shall confirm the same in writing on or prior to the adjustmentBusiness Day next following. Until such written notice is received by the Rights Agent, the Rights Agent may presume conclusively for all purposes that the Distribution Date has not occurred.
Appears in 1 contract
Sources: Rights Agreement (Freds Inc)
Issue of Rights Certificates. (a) Until the Separation Date, (x) the Rights will be evidenced by the certificates for the Common Shares registered in the names of the holders of the Common Shares (which certificates for Common Shares shall be deemed also to be certificates for Rights) and not by separate certificates, and (y) the Rights will be transferable only in connection with the transfer of the underlying Common Shares (including a transfer to the Company). As soon as practicable after the Separation Date, the Rights Agent will send by first-class, insured, postage prepaid mail, to each record holder of the Common Shares as of the Close of Business on the Separation Date, at the address of such holder shown on the records of the Company, a Rights certificate, in substantially the form of Exhibit A hereto (the "Rights Certificates"), evidencing one Right for each Common Share so held. As of and after the Separation Date, the Rights will be evidenced solely by such Rights Certificates.
(b) As promptly as practicable following the Record Date, the Company will send or deliver a copy of a Summary of RightsRights to Purchase Preferred Stock, in substantially the form attached hereto as Exhibit B (the "“Summary of Rights"”), by first-class, postage prepaid mail to each record holder of Common Shares Stock as of the Close of Business on the Record Date, Date at the address of such holder shown on the records of the Company. With respect to certificates for shares of Common Stock outstanding as of the Record Date, until the Distribution Date, the Rights will be evidenced by such certificates for the Common Stock and the registered holders of the Common Stock shall also be the registered holders of the associated Rights. Until the Distribution Date (or the earlier Expiration Date or Final Expiration Date), the transfer of any certificate representing shares of Common Stock in respect of which Rights have been issued shall also constitute the transfer of the Rights associated with the shares of Common Stock represented thereby.
(cb) Certificates for the Rights shall be issued in respect of all shares of Common Shares Stock issued (including reissuance of treasury shareswhether originally issued or from the Company’s treasury) after the Record Date but prior to the earlier of the Separation Distribution Date or the Expiration Date or the Final Expiration Date. Rights shall also be issued to the extent provided in Section 22 in respect of all shares of Common Stock which are issued (as hereinafter definedwhether originally issued or from the Company’s treasury) after the Distribution Date and prior to the Expiration Date. Certificates representing such shares of Common Stock shall also be deemed also to be certificates for Rights (and Rights shall be issued in respect thereof)Rights, and shall bear the following legend: "legend (in addition to any other legends that may be required): This certificate also evidences and entitles the holder hereof to certain Rights as set forth in the a Rights Agreement between Coachmen IndustriesDuratek, Inc. (the "“Company"”) and First Chicago Trust Company of New YorkComputershare Investor Services, LLC (the “Rights Agent”) dated as of January 5December 16, 2000 and effective January 122003, 2000 as the same may be amended from time to time (the "“Rights Agreement"”), the terms of which are hereby incorporated herein by reference and a copy of which is on file at the principal executive offices of the Company. Under certain circumstances, as set forth in the Rights Agreement, such Rights will be evidenced by separate certificates and will no longer be evidenced by this certificate. The Company will mail to the holder of this certificate a copy of the Rights Agreement as in effect on the date of mailing without charge promptly after receipt of a written request therefor. Under certain circumstancescircumstances set forth in the Rights Agreement, Rights beneficially owned by issued to, or held by, any Person who is, was or becomes an Acquiring Persons Person or any Affiliates Affiliate or Associates Associate thereof (as such terms are defined in the Rights Agreement) and ), whether currently held by or on behalf of such Person or by any subsequent holder of such Rights holder, may become null and void. With respect to such certificates containing the foregoing legend, until the earlier of (i) the Distribution Date or (ii) the Expiration Date, the Rights associated with the Common Stock represented by such certificates shall be evidenced by such certificates alone and registered holders of Common Stock shall also be the registered holders of the associated Rights, and the transfer of any such certificate shall also constitute the transfer of the Rights associated with the Common Stock represented thereby."
(c) Until the Distribution Date (i) the Rights will be evidenced (subject to the provisions of paragraph (a) of this Section 3) by the certificates for Common Stock registered in the names of the holders thereof (which certificates for Common Stock shall also be deemed to be Rights Certificates) and not by separate Rights Certificates, and (ii) the Rights will be transferable only in connection with the transfer of the underlying shares of Common Stock (including a transfer to the Company). The Company shall give the Rights Agent prompt written notice of the Distribution Date.
(d) Subject As soon as practicable after the Distribution Date and receipt of written notice of the Distribution Date from the Company, the Rights Agent upon notification thereof will, at the Company’s expense, send by first-class, insured, postage prepaid mail, to Section 13(heach record holder of Common Stock as of the Close of Business on the Distribution Date, at the address of such holder shown on the records of the Company, a rights certificate, in substantially the form of Exhibit C hereto (the “Rights Certificate”), after the Separation Date but prior to the Expiration Date, Rights shall only be issued in connection with the issuance evidencing one Right for each share of Common Shares upon Stock so held, subject to adjustment as provided herein. In the exercise of stock options granted prior to the Separation Date or upon the exercise, conversion or exchange of securities issued by the Company prior to the Separation Date; provided, however, event that if, pursuant to the terms of any option, or exercise, conversion or exchange of securities, the number of shares issuable thereunder is adjusted after the Separation Date, an adjustment in the number of Rights issuable upon issuance per share of Common Stock has been made pursuant to Section 11 hereof, at the time of distribution of the shares Rights Certificates, the Company shall make necessary and appropriate rounding adjustments (in accordance with Section 14(a) hereof) so that Rights Certificates representing only whole numbers of Rights are distributed and cash is paid in lieu of any fractional Rights. As of and after the Distribution Date, the Rights will be equal only to the number of shares which would have been issuable prior to the adjustmentevidenced solely by such Rights Certificates.
Appears in 1 contract
Sources: Rights Agreement (Duratek Inc)
Issue of Rights Certificates. (a) Until On the Separation Record Date, (x) the Rights will be evidenced by the certificates for the Common Shares registered in the names of the holders of the Common Shares (which certificates for Common Shares shall be deemed also to be certificates for Rights) and not by separate certificates, and (y) the Rights will be transferable only in connection with the transfer of the underlying Common Shares (including a transfer to the Company). As or as soon as practicable after thereafter, the Separation DateCompany will send (directly or, at the expense of the Company, through the Rights Agent will send or its transfer agent if the Rights Agent or transfer agent is directed by first-classthe Company and provided with all necessary information and documents) a copy of a Summary of Rights to Purchase Preferred Stock, insured, postage prepaid mailin substantially the form attached hereto as Exhibit B and which may be appended to certificates that represent shares of Common Stock (the “Summary of Rights”), to each record holder of the Common Shares Stock as of the Close of Business on the Separation DateRecord Date (other than any Acquiring Person or any Associate or Affiliate of any Acquiring Person), at the address of such holder shown on the records of the CompanyCompany or transfer agent or register for Common Stock. With respect to certificates representing shares of Common Stock (or Book Entry shares of Common Stock) outstanding as of the Record Date, a Rights certificate, in substantially until the form of Exhibit A hereto (the "Rights Certificates"), evidencing one Right for each Common Share so held. As of and after the Separation Distribution Date, the Rights will shall be evidenced solely by such shares of Common Stock registered in the names of the holders thereof together with the Summary of Rights, and not by separate Rights Certificates. With respect to Book Entry shares of Common Stock outstanding as of the Record Date, until the Distribution Date, the Rights shall be evidenced by the balances indicated in the Book Entry account system of the transfer agent for the Common Stock together with the Summary of Rights. Until the earlier of the Distribution Date and the Expiration Date, the transfer of any shares of Common Stock outstanding on the Record Date (whether represented by certificates or evidenced by the balances indicated in the Book Entry account system of the transfer agent for the Common Stock, and, in either case, regardless of whether a copy of the Summary of Rights is submitted with the surrender or request for transfer), shall also constitute the transfer of the Rights associated with such shares of Common Stock.
(b) As promptly as practicable following the Record DateRights shall be issued, the Company will send a copy of a Summary of Rightswithout any further action, in substantially the form attached hereto as Exhibit B (the "Summary respect of Rights"), by first-class, postage prepaid mail to each record holder all shares of Common Shares as of the Close of Business on the Record Date, at the address of such holder shown on the records of Stock that become outstanding (whether originally issued or delivered from the Company.
(c) Certificates for the Common Shares issued (including reissuance of treasury shares’s treasury) after the Record Date but prior to the earlier of the Separation Distribution Date or and the Expiration Date (as hereinafter defined) shall be deemed Date; provided, however, that Rights also to be certificates for Rights (and Rights shall be issued to the extent provided in respect thereof)Section 22 hereof. Confirmation and account statements sent to holders of Common Stock for Book Entry form or, and in the case of certificated shares, certificates, representing such shares of Common Stock, issued after the Record Date shall bear a legend substantially in the following legendform: "“[This certificate certificate] [These shares] also evidences evidence[s] and entitles entitle[s] the holder hereof to certain Rights as set forth in the a Rights Agreement between Coachmen IndustriesCloud Peak Energy Inc., Inc. a Delaware corporation (the "“Company"”), and Computershare Trust Company, N.A. or any successor Rights Agent (the “Rights Agent”) and First Chicago Trust Company of New York, dated as of January 511, 2000 and effective January 122019, 2000 as the same may be amended or supplemented from time to time (the "“Rights Agreement"”), the terms of which are hereby incorporated herein by reference and a copy of which is on file at the principal executive offices of the Company. Under certain circumstances, as set forth in the Rights Agreement, such Rights will shall be evidenced by separate certificates and will no longer be evidenced by [this certificate] [these shares]. The Company will mail to the holder of [this certificate certificate] [these shares] a copy of the Rights Agreement as in effect on the date of mailing without charge promptly after receipt of a written request therefor. Under certain circumstances, as set forth in the Rights beneficially owned Agreement, Rights that are Beneficially Owned by any Person who is, was or becomes an Acquiring Persons Person or any Affiliates or Associates Related Person thereof (as such capitalized terms are defined in the Rights Agreement) and any subsequent holder ), or specified transferees of such Rights Acquiring Person (or Related Person thereof) may become null and voidvoid and will no longer be transferable."
” With respect to all certificates representing shares of Common Stock containing the foregoing legend in substantially similar form, until the earliest of the Distribution Date and the Expiration Date, the Rights associated with the Common Stock represented by such certificates shall be evidenced by such certificates alone and registered holders of Common Stock shall also be the registered holders of the associated Rights, and the transfer of any such certificate shall also constitute the transfer of the Rights associated with the shares of Common Stock represented by such certificates. With respect to Common Stock in Book Entry form for which there has been sent a confirmation or account statement containing the foregoing legend in substantially similar form, until the earliest of the Distribution Date and the Expiration Date, the Rights associated with the Common Stock shall be evidenced by such Common Stock alone and registered holders of Common Stock shall also be the registered holders of the associated Rights, and the transfer of any such Common Stock shall also constitute the transfer of the Rights associated with such shares of Common Stock. Notwithstanding this paragraph (d) Subject to Section 13(hb), the omission of the legend or the failure to send, deliver or provide the registered owner of shares of Common Stock a copy of the Summary of Rights shall not affect the enforceability of any part of this Agreement or the rights of any holder of the Rights. In the event that the Company purchases or otherwise acquires any shares of Common Stock after the Separation Record Date but prior to the Expiration Distribution Date, any Rights associated with such shares of Common Stock shall be cancelled and retired so that the Company is not entitled to exercise any Rights associated with the shares of Common Stock that are no longer outstanding.
(c) Until the Distribution Date, the Rights shall be transferable only be issued in connection with the issuance transfer of the underlying shares of Common Shares upon the exercise of stock options granted prior Stock (including a transfer to the Separation Date Company).
(d) As soon as practicable after the Distribution Date, the Company will prepare and execute, and upon written request of the Company, the Rights Agent will countersign and the Company will send or upon cause to be sent (and the exerciseRights Agent will, conversion or exchange of securities issued if so requested by the Company prior in writing and provided with all necessary information and documents, at the expense of the Company, send) by first-class, insured, postage-prepaid mail, to the Separation Date; provided, however, that if, pursuant to the terms of any option, or exercise, conversion or exchange of securities, the number each record holder of shares issuable thereunder is adjusted after of Common Stock as of the Separation DateClose of Business on the Distribution Date (other than any Acquiring Person or any Related Person of an Acquiring Person), at the address of such holder shown on the records of the Company, one or more rights certificates, in substantially the form of Exhibit C hereto (the “Rights Certificate”), evidencing one Right for each share of Common Stock so held, subject to adjustment as provided herein. In the event that an adjustment in the number of Rights issuable upon issuance per share of Common Stock has been made pursuant to Section 11 hereof, at the time of distribution of the shares Rights Certificates, the Company shall make the necessary and appropriate rounding adjustments (in accordance with Section 14(a) hereof) so that Rights Certificates representing only whole numbers of Rights are distributed and cash is paid in lieu of any fractional Rights. As of and after the Distribution Date, the Rights shall be equal only to evidenced solely by such Rights Certificates, and the number Rights Certificates and the Rights shall be transferable separately from the transfer of shares which would have been issuable Common Stock. The Company shall promptly notify the Rights Agent in writing upon the occurrence of the Distribution Date and, if such notification is given orally, the Company shall confirm the same in writing on or prior to the adjustmentBusiness Day next following. Until such written notice is received by the Rights Agent, the Rights Agent may presume conclusively for all purposes that the Distribution Date has not occurred.
Appears in 1 contract
Issue of Rights Certificates. (a) Until On the Separation Record Date, (x) the Rights will be evidenced by the certificates for the Common Shares registered in the names of the holders of the Common Shares (which certificates for Common Shares shall be deemed also to be certificates for Rights) and not by separate certificates, and (y) the Rights will be transferable only in connection with the transfer of the underlying Common Shares (including a transfer to the Company). As or as soon as practicable after thereafter, the Separation DateCompany will make available (directly or, at the expense of the Company, through the Rights Agent will send or its transfer agent if the Rights Agent or transfer agent is directed by first-classthe Company and provided with all necessary information and documents) a copy of a Summary of Rights to Purchase Preferred Stock, insured, postage prepaid mailin substantially the form attached hereto as Exhibit B and which may be appended to certificates that represent shares of Common Stock (the “Summary of Rights”), to each record holder of the Common Shares Stock as of the Close of Business on the Separation DateRecord Date (other than any Acquiring Person or any Associate or Affiliate of any Acquiring Person), at the address of such holder shown on the records of the CompanyCompany or transfer agent or register for Common Stock. With respect to certificates representing shares of Common Stock (or Book Entry shares of Common Stock) outstanding as of the Record Date, a Rights certificate, in substantially until the form of Exhibit A hereto (the "Rights Certificates"), evidencing one Right for each Common Share so held. As of and after the Separation Distribution Date, the Rights will shall be evidenced solely by such shares of Common Stock registered in the names of the holders thereof together with the Summary of Rights, and not by separate Rights Certificates. With respect to Book Entry shares of Common Stock outstanding as of the Record Date, until the Distribution Date, the Rights shall be evidenced by the balances indicated in the Book Entry account system of the transfer agent for the Common Stock together with the Summary of Rights. Until the earlier of the Distribution Date and the Expiration Date, the transfer of any shares of Common Stock outstanding on the Record Date (whether represented by certificates or evidenced by the balances indicated in the Book Entry account system of the transfer agent for the Common Stock, and, in either case, regardless of whether a copy of the Summary of Rights is submitted with the surrender or request for transfer), shall also constitute the transfer of the Rights associated with such shares of Common Stock.
(b) As promptly as practicable following the Record DateRights shall be issued, the Company will send a copy of a Summary of Rightswithout any further action, in substantially the form attached hereto as Exhibit B (the "Summary respect of Rights"), by first-class, postage prepaid mail to each record holder all shares of Common Shares as of the Close of Business on the Record Date, at the address of such holder shown on the records of Stock that become outstanding (whether originally issued or delivered from the Company.
(c) Certificates for the Common Shares issued (including reissuance of treasury shares’s treasury) after the Record Date but prior to the earlier of the Separation Distribution Date or and the Expiration Date (as hereinafter defined) shall be deemed Date; provided, however, that Rights also to be certificates for Rights (and Rights shall be issued to the extent provided in respect thereof)Section 22 hereof. Confirmation and account statements sent to holders of Common Stock for Book Entry form or, and in the case of certificated shares, certificates, representing such shares of Common Stock, issued after the Record Date shall bear a legend substantially in the following legendform: "“[This certificate certificate] [These shares] also evidences evidence[s] and entitles entitle[s] the holder hereof to certain Rights as set forth in the a Rights Agreement between Coachmen IndustriesContango ORE, Inc. Inc., a Delaware corporation (the "“Company"”), and Computershare Trust Company, N.A. or any successor Rights Agent (the “Rights Agent”) and First Chicago Trust Company of New York, dated as of January 5September 23, 2000 and effective January 122020, 2000 as the same may be amended or supplemented from time to time (the "“Rights Agreement"”), the terms of which are hereby incorporated herein by reference and a copy of which is on file at the principal executive offices of the Company. Under certain circumstances, as set forth in the Rights Agreement, such Rights will shall be evidenced by separate certificates and will no longer be evidenced by [this certificate] [these shares]. The Company will mail to the holder of [this certificate certificate] [these shares] a copy of the Rights Agreement as in effect on the date of mailing without charge promptly after receipt of a written request therefor. Under certain circumstances, as set forth in the Rights beneficially owned Agreement, Rights that are Beneficially Owned by any Person who is, was or becomes an Acquiring Persons Person or any Affiliates or Associates Related Person thereof (as such capitalized terms are defined in the Rights Agreement) and any subsequent holder ), or specified transferees of such Rights Acquiring Person (or Related Person thereof) may become null and voidvoid and will no longer be transferable."
” With respect to all certificates representing shares of Common Stock containing the foregoing legend in substantially similar form, until the earlier of the Distribution Date and the Expiration Date, the Rights associated with the Common Stock represented by such certificates shall be evidenced by such certificates alone and registered holders of Common Stock shall also be the registered holders of the associated Rights, and the transfer of any such certificate shall also constitute the transfer of the Rights associated with the shares of Common Stock represented by such certificates. With respect to Common Stock in Book Entry form for which there has been sent a confirmation or account statement containing the foregoing legend in substantially similar form, until the earlier of the Distribution Date and the Expiration Date, the Rights associated with the Common Stock shall be evidenced by such Common Stock alone and registered holders of Common Stock shall also be the registered holders of the associated Rights, and the transfer of any such Common Stock shall also constitute the transfer of the Rights associated with such shares of Common Stock. Notwithstanding this paragraph (d) Subject to Section 13(hb), the omission of the legend or the failure to send, deliver or provide the registered owner of shares of Common Stock a copy of the Summary of Rights shall not affect the enforceability of any part of this Agreement or the rights of any holder of the Rights. In the event that the Company purchases or otherwise acquires any shares of Common Stock after the Separation Record Date but prior to the Expiration Distribution Date, any Rights associated with such shares of Common Stock shall be cancelled and retired so that the Company is not entitled to exercise any Rights associated with the shares of Common Stock that are no longer outstanding.
(c) Until the Distribution Date, the Rights shall be transferable only be issued in connection with the issuance transfer of the underlying shares of Common Shares upon the exercise of stock options granted prior Stock (including a transfer to the Separation Date Company).
(d) As soon as practicable after the Distribution Date, the Company will prepare and execute, and upon written request of the Company, the Rights Agent will countersign and the Company will send or upon cause to be sent (and the exerciseRights Agent will, conversion or exchange of securities issued if so requested by the Company prior in writing and provided with all necessary information and documents, at the expense of the Company, send) by first-class, insured, postage-prepaid mail, to the Separation Date; provided, however, that if, pursuant to the terms of any option, or exercise, conversion or exchange of securities, the number each record holder of shares issuable thereunder is adjusted after of Common Stock as of the Separation DateClose of Business on the Distribution Date (other than any Acquiring Person or any Related Person of an Acquiring Person), at the address of such holder shown on the records of the Company, one or more rights certificates, in substantially the form of Exhibit C hereto (the “Rights Certificate”), evidencing one Right for each share of Common Stock so held, subject to adjustment as provided herein. In the event that an adjustment in the number of Rights issuable upon issuance per share of Common Stock has been made pursuant to Section 11 hereof, at the time of distribution of the shares Rights Certificates, the Company shall make the necessary and appropriate rounding adjustments (in accordance with Section 14(a) hereof) so that Rights Certificates representing only whole numbers of Rights are distributed and cash is paid in lieu of any fractional Rights. As of and after the Distribution Date, the Rights shall be equal only to evidenced solely by such Rights Certificates, and the number Rights Certificates and the Rights shall be transferable separately from the transfer of shares which would have been issuable Common Stock. The Company shall promptly notify the Rights Agent in writing upon the occurrence of the Distribution Date and, if such notification is given orally, the Company shall confirm the same in writing on or prior to the adjustmentBusiness Day next following. Until such written notice is received by the Rights Agent, the Rights Agent may presume conclusively for all purposes that the Distribution Date has not occurred.
Appears in 1 contract
Issue of Rights Certificates. (a) Until the Separation Distribution Date, (x) the Rights will be evidenced by the certificates for the Common Shares Stock registered in the names of the holders of the Common Shares (which certificates for Common Shares shall be deemed also to be certificates for Rights) Stock and not by separate certificates, and (y) the Rights will be transferable only in connection with the transfer of the underlying shares of Common Shares Stock (including a transfer to the Company). As soon as practicable after the Separation Distribution Date, the Rights Agent will send by first-class, insured, postage prepaid mail, to each record holder of the Common Shares Stock as of the Close close of Business business on the Separation DateDistribution Date (other than any Person referred to in the first sentence of Section 7(e)), at the address of such holder shown on the records of the Company, a Rights certificate, in substantially the form of Exhibit A hereto (the "one or more Rights Certificates"), evidencing one Right for each share of Common Share Stock so held, subject to adjustment as provided herein. In the event that an adjustment in the number of Rights per share of Common Stock has been made pursuant to Section 11(p) hereof, at the time of distribution of the Rights Certificates, the Company shall make the necessary and appropriate rounding adjustments (in accordance with Section 14(a) hereof) so that Rights Certificates representing only whole numbers of Rights are distributed and cash is paid in lieu of any fractional Rights. As of and after the Separation Distribution Date, the Rights will be evidenced solely by such Rights Certificates.
(b) As promptly as practicable following the Record Date, the Company One Right will send a copy be issued in respect of a Summary of Rights, in substantially the form attached hereto as Exhibit B (the "Summary of Rights"), by first-class, postage prepaid mail to each record holder share of Common Shares Stock issued and outstanding as of the Close close of Business business on the Record Date, at . Certificates issued for such shares of Common Stock and for shares of Common Stock that are issued or shall be transferred or exchanged after the address of such holder shown on Record Date but prior to the records earlier of the CompanyDistribution Date or the Expiration Date shall also be deemed to be certificates for Rights, and shall bear the legend referred to in paragraph (c) of this Section 3.
(c) Certificates for the Rights shall be issued in respect of all shares of Common Shares Stock that are issued (including reissuance of treasury shareswhether originally issued or delivered from the Company’s treasury) after the Record Date but prior to the earlier of the Separation Distribution Date or the Expiration Date (as hereinafter defined) or, in certain circumstances provided in Section 22 hereof, after the Distribution Date. Certificates issued for shares of Common Stock that shall so become outstanding or shall be transferred or exchanged after the Record Date but prior to the earlier of the Distribution Date or the Expiration Date shall also be deemed also to be certificates for Rights (and Rights shall be issued in respect thereof)Rights, and shall bear the following legend: "This certificate also evidences and entitles the holder hereof to certain Rights as set forth in the Rights Agreement between Coachmen Industries, DeVry Inc. (the "“Company"”) and First Chicago Trust Company of New YorkComputershare Investor Services, L.L.C. (the “Rights Agent”), dated as of January 5November 23, 2000 and effective January 122004, 2000 as it may from time to time be supplemented or amended (the "“Rights Agreement"”), the terms of which are hereby incorporated herein by reference and a copy of which is on file at the principal offices of the Company. Under certain circumstances, as set forth in the Rights Agreement, such Rights will may be redeemed, may be exchanged, may expire or may be evidenced by separate certificates and will no longer be evidenced by this certificate. The Company or the Rights Agent will mail to the holder of this certificate a copy of the Rights Agreement Agreement, as in effect on the date of mailing, without charge promptly after receipt of a written request therefor. Under certain circumstancesUNDER CERTAIN CIRCUMSTANCES SET FORTH IN THE RIGHTS AGREEMENT, Rights beneficially owned by Acquiring Persons or any Affiliates or Associates thereof RIGHTS BENEFICIALLY OWNED BY OR TRANSFERRED TO ANY PERSON WHO IS, WAS OR BECOMES AN ACQUIRING PERSON OR AN AFFILIATE OR ASSOCIATE THEREOF (as defined in the Rights Agreement) and any subsequent holder of such Rights may become null and void."
(d) Subject to Section 13(hAS SUCH TERMS ARE DEFINED IN THE RIGHTS AGREEMENT), after AND CERTAIN TRANSFEREES THEREOF, WILL BECOME NULL AND VOID AND WILL NO LONGER BE TRANSFERABLE. With respect to such certificates containing the Separation foregoing legend, until the earlier of the Distribution Date but prior to or the Expiration Date, the Rights shall only be issued in connection associated with the issuance Common Stock represented by such certificates shall be evidenced by such certificates alone, and registered holders of Common Shares upon Stock shall also be the exercise registered holders of stock options granted prior to the Separation Date or upon associated Rights, and the exercise, conversion or exchange of securities issued by the Company prior to the Separation Date; provided, however, that if, pursuant to the terms transfer of any option, or exercise, conversion or exchange of securities, such certificates shall also constitute the number of shares issuable thereunder is adjusted after the Separation Date, the number of Rights issuable upon issuance transfer of the shares shall be equal only to Rights associated with the number of shares which would have been issuable prior to the adjustmentCommon Stock represented by such certificates.
Appears in 1 contract
Sources: Rights Agreement (Devry Inc)
Issue of Rights Certificates. (a) Until the Separation Distribution Date, (x) the Rights will be evidenced (subject to the provisions of paragraph (b) of this Section 3) by the certificates for the Common Shares Stock registered in the names of the holders of the Common Shares (which certificates for Common Shares shall be deemed also to be certificates for Rights) Stock and not by separate certificates, and (y) the Rights will be transferable only in connection with the transfer of the underlying shares of Common Shares Stock (including a transfer to the Company). As soon as practicable after the Separation Distribution Date, the Rights Agent will send by first-class, insured, postage prepaid mail, to each record holder of the Common Shares Stock as of the Close close of Business business on the Separation DateDistribution Date (other than any Person referred to in the first sentence of Section 7(e)), at the address of such holder shown on the records of the Company, a Rights certificate, in substantially the form of Exhibit A hereto (the "one or more Rights Certificates"), evidencing one Right for each share of Common Share Stock so held, subject to adjustment as provided herein. In the event that an adjustment in the number of Rights per share of Common Stock has been made pursuant to Section 11(p) hereof, at the time of distribution of the Rights Certificates, the Company shall make the necessary and appropriate rounding adjustments (in accordance with Section 14(a) hereof) so that Rights Certificates representing only whole numbers of Rights are distributed and cash is paid in lieu of any fractional Rights. As of and after the Separation Distribution Date, the Rights will be evidenced solely by such Rights Certificates.
(b) As promptly as practicable following the Record Date, the The Company will send a copy of a Summary of Rights, in substantially the form attached hereto as Exhibit B (the "Summary of Rights")C, by first-class, postage prepaid mail mail, to each any record holder of Common Shares Stock who requests a copy thereof. With respect to certificates for Common Stock that do not bear the legend provided for in Section 3(c) that have Rights associated therewith, until the Distribution Date or the earlier surrender for transfer thereof or the Expiration Date, the Rights associated with the shares of Common Stock represented by such certificates shall be evidenced by such certificates for Common Stock together with the Summary of Rights, and the registered holders of the Common Stock shall also be the registered holders of the associated Rights. Until the earlier of the Distribution Date or the Expiration Date, the transfer of any of the certificates for Common Stock outstanding as of the Close of Business on the Record DateEffective Time, at the address of such holder shown on the records with or without a copy of the CompanySummary of Rights, shall also constitute the transfer of the Rights associated with the Common Stock represented by such certificates.
(c) Certificates for the Rights shall be issued in respect of all shares of Common Shares Stock that are issued (including reissuance of treasury shareswhether originally issued or delivered from the Company's treasury) after the Record Date Effective Time but prior to the earlier of the Separation Distribution Date or the Expiration Date (as hereinafter defined) or, in certain circumstances provided in Section 22 hereof, after the Distribution Date. Certificates issued representing such shares of Common Stock that shall so become outstanding or shall be transferred or exchanged after the Effective Time but prior to the earlier of the Distribution Date or the Expiration Date shall also be deemed also to be certificates for Rights (and Rights shall be issued in respect thereof)Rights, and shall bear the following legend: "This certificate also evidences and entitles the holder hereof to certain Rights as set forth in the Rights Agreement between Coachmen IndustriesPride International, Inc. (the "Company") and First Chicago American Stock Transfer & Trust Company of New York, (the "Rights Agent") dated as of January 5___________, 2000 and effective January 12, 2000 2001 as it may from time to time be supplemented or amended (the "Rights Agreement"), the terms of which are hereby incorporated herein by reference and a copy of which is on file at the principal offices of the Company. Under certain circumstances, as set forth in the Rights Agreement, such Rights will may be redeemed, may be exchanged, may expire or may be evidenced by separate certificates and will no longer be evidenced by this certificate. The Company will mail to the holder of this certificate a copy of the Rights Agreement Agreement, as in effect on the date of mailing, without charge promptly after receipt of a written request therefor. Under certain circumstancesUNDER CERTAIN CIRCUMSTANCES SET FORTH IN THE RIGHTS AGREEMENT, Rights beneficially owned by Acquiring Persons or any Affiliates or Associates thereof RIGHTS BENEFICIALLY OWNED BY OR TRANSFERRED TO ANY PERSON WHO IS, WAS OR BECOMES AN ACQUIRING PERSON OR AN AFFILIATE OR ASSOCIATE THEREOF (as defined in the Rights Agreement) and any subsequent holder of such Rights may become null and void."
(d) Subject to Section 13(hAS SUCH TERMS ARE DEFINED IN THE RIGHTS AGREEMENT), after AND CERTAIN TRANSFEREES THEREOF, WILL BECOME NULL AND VOID AND WILL NO LONGER BE TRANSFERABLE. With respect to such certificates containing the Separation foregoing legend, until the earlier of the Distribution Date but prior to or the Expiration Date, the Rights shall only be issued in connection associated with the issuance Common Stock represented by such certificates shall be evidenced by such certificates alone, and registered holders of Common Shares upon Stock shall also be the exercise registered holders of stock options granted prior to the Separation Date or upon associated Rights, and the exercise, conversion or exchange of securities issued by the Company prior to the Separation Date; provided, however, that if, pursuant to the terms transfer of any option, or exercise, conversion or exchange of securities, such certificates shall also constitute the number of shares issuable thereunder is adjusted after the Separation Date, the number of Rights issuable upon issuance transfer of the shares shall be equal only to Rights associated with the number of shares which would have been issuable prior to the adjustmentCommon Stock represented by such certificates.
Appears in 1 contract
Issue of Rights Certificates. (a) Until the Separation Date, ,
(xi) the Rights will be evidenced by the certificates for the Common Shares Stock registered in the names of the holders of the Common Shares Stock (which certificates for Common Shares Stock shall be deemed also to be certificates for Rights) and not by separate certificates, and and
(yii) the Rights will be transferable only in connection with the transfer of the underlying shares of Common Shares Stock (including a transfer to the Company). .
(b) As soon as practicable after the Separation Date, the Company will prepare and execute and the Rights Agent will countersign, and the Rights Agent will, if requested by the Company, send by first-class, insured, postage prepaid mail, to each record holder of the Common Shares Stock as of the Close of Business on the Separation Date, at the address of such the holder shown on the records of the Company, a Rights certificate, in substantially the form of Exhibit A B hereto (the "Rights Certificates"), evidencing one Right for each share of Common Share Stock so held. As After the distribution of and after the Separation DateRights Certificates, the Rights will be evidenced solely by such Rights Certificates.
(bc) As promptly as practicable following the Record Date, the Company will send a copy of a Summary of Rights, in substantially the form attached hereto as Exhibit B C (the "Summary of Rights"), by first-class, postage prepaid mail to each record holder of the Common Shares Stock as of the Close of Business on the Record Date, at the address of such the holder shown on the records of the Company.
(cd) Certificates for the Common Shares Stock issued (including reissuance of treasury shares) after the Record Date but prior to the earlier of the Separation Date or the Expiration Date (as hereinafter defined) ), shall be deemed also to be certificates for Rights (and Rights shall be issued in respect thereof)Rights, and shall bear the following legend: "This certificate also evidences and entitles the holder hereof to certain Rights as set forth in the Rights Agreement between Coachmen Industries, Thomas Industries Inc. (the "CompanyC▇▇▇▇▇▇") and First Chicago Trust Company of New YorkThe Fifth Third Bank, dated as of January 54, 2000 and effective January 12, 2000 1998 (the "Rights Agreement"), the terms of which are hereby incorporated herein by reference and a copy of which is on file at the principal offices of the Company. Under Upon the occurrence of certain circumstancesevents, as set forth in the Rights Agreement, such the Rights will be evidenced by separate certificates and will no longer be evidenced by this certificate. The Company will mail to the holder of this certificate a copy of the Rights Agreement without charge promptly after receipt of a written request therefor. , Under certain circumstances, Rights beneficially owned by Acquiring Persons or any Affiliates or Associates thereof (as defined in the Rights Agreement) and any subsequent holder of such Rights may become null and voidvoid and the holder of the Rights (including any subsequent holder) shall not have any right to exercise the Rights."
(de) Subject to Section 13(h), after After the Separation Date but prior to the Expiration Date, Rights shall only be issued in connection with the issuance of Common Shares Stock upon the exercise of stock options granted prior to the Separation Date or upon the exercise, conversion pursuant to other benefits under employee plans or exchange of securities issued by the Company arrangements established prior to the Separation Date; provided, however, that if, pursuant to the terms of any option, option or exercise, conversion or exchange of securitiesother benefit plan, the number of shares issuable thereunder is adjusted after the Separation Date, the number of Rights issuable upon issuance of the shares shall be equal only to the number of shares which would have been issuable prior to the adjustment.
Appears in 1 contract
Issue of Rights Certificates. (a) Until On the Separation Record Date, (x) the Rights will be evidenced by the certificates for the Common Shares registered in the names of the holders of the Common Shares (which certificates for Common Shares shall be deemed also to be certificates for Rights) and not by separate certificates, and (y) the Rights will be transferable only in connection with the transfer of the underlying Common Shares (including a transfer to the Company). As or as soon as practicable after thereafter, the Separation DateCompany will make available (directly or, at the expense of the Company, through the Rights Agent will send or its transfer agent if the Rights Agent or transfer agent is directed by first-classthe Company and provided with all necessary information and documents) a copy of a Summary of Rights to Purchase Preferred Stock, insured, postage prepaid mailin substantially the form attached hereto as Exhibit B and which may be appended to certificates that represent shares of Common Stock (the “Summary of Rights”), to each record holder of the Common Shares Stock as of the Close of Business on the Separation DateRecord Date (other than any Acquiring Person or any Related Person of any Acquiring Person), at the address of such holder shown on the records of the CompanyCompany or transfer agent or register for Common Stock. With respect to certificates representing shares of Common Stock (or Book Entry shares of Common Stock) outstanding as of the Record Date, a Rights certificate, in substantially until the form of Exhibit A hereto (the "Rights Certificates"), evidencing one Right for each Common Share so held. As of and after the Separation Distribution Date, the Rights will shall be evidenced solely by such shares of Common Stock registered in the names of the holders thereof together with the Summary of Rights, and not by separate Rights Certificates. With respect to Book Entry shares of Common Stock outstanding as of the Record Date, until the Distribution Date, the Rights shall be evidenced by the balances indicated in the Book Entry account system of the transfer agent for the Common Stock together with the Summary of Rights. Until the earlier of the Distribution Date and the Expiration Date, the transfer of any shares of Common Stock outstanding on the Record Date (whether represented by certificates or evidenced by the balances indicated in the Book Entry account system of the transfer agent for the Common Stock, and, in either case, regardless of whether a copy of the Summary of Rights is submitted with the surrender or request for transfer), shall also constitute the transfer of the Rights associated with such shares of Common Stock.
(b) As promptly as practicable following the Record DateRights shall be issued, the Company will send a copy of a Summary of Rightswithout any further action, in substantially the form attached hereto as Exhibit B (the "Summary respect of Rights"), by first-class, postage prepaid mail to each record holder all shares of Common Shares as of the Close of Business on the Record Date, at the address of such holder shown on the records of Stock that become outstanding (whether originally issued or delivered from the Company.
(c) Certificates for the Common Shares issued (including reissuance of treasury shares’s treasury) after the Record Date but prior to the earlier of the Separation Distribution Date or and the Expiration Date (as hereinafter defined) shall be deemed Date; provided, however, that Rights also to be certificates for Rights (and Rights shall be issued to the extent provided in respect thereof)Section 22 hereof. Confirmation and account statements sent to holders of Common Stock for Book Entry form or, and in the case of certificated shares, certificates, representing such shares of Common Stock, issued after the Record Date shall bear a legend substantially in the following legendform: "“[This certificate certificate] [These shares] also evidences evidence[s] and entitles entitle[s] the holder hereof to certain Rights as set forth in the Rights Agreement a Tax Benefits Preservation Plan by and between Coachmen IndustriesUniversal Stainless & Alloy Products, Inc. Inc., a Delaware corporation (the "“Company"”), and Continental Stock Transfer & Trust Company, a New York corporation, or any successor Rights Agent (the “Rights Agent”) and First Chicago Trust Company of New York, dated as of January 5August 24, 2000 and effective January 122020, 2000 as the same may be amended or supplemented from time to time (the "“Rights Agreement"”), the terms of which are hereby incorporated herein by reference and a copy of which is on file at the principal executive offices of the Company. Under certain circumstances, as set forth in the Rights Agreement, such Rights will shall be evidenced by separate certificates and will no longer be evidenced by [this certificate] [these shares]. The Company will mail to the holder of [this certificate certificate] [these shares] a copy of the Rights Agreement as in effect on the date of mailing without charge promptly after receipt of a written request therefor. Under certain circumstances, as set forth in the Rights beneficially owned Agreement, Rights that are Beneficially Owned by any Person who is, was or becomes an Acquiring Persons Person or any Affiliates or Associates Related Person thereof (as such capitalized terms are defined in the Rights Agreement) and any subsequent holder ), or specified transferees of such Rights Acquiring Person (or Related Person thereof) may become null and voidvoid and will no longer be transferable."
” With respect to all certificates representing shares of Common Stock containing the foregoing legend in substantially similar form, until the earlier of the Distribution Date and the Expiration Date, the Rights associated with the Common Stock represented by such certificates shall be evidenced by such certificates alone and registered holders of Common Stock shall also be the registered holders of the associated Rights, and the transfer of any such certificate shall also constitute the transfer of the Rights associated with the shares of Common Stock represented by such certificates. With respect to Common Stock in Book Entry form for which there has been sent a confirmation or account statement containing the foregoing legend in substantially similar form, until the earlier of the Distribution Date and the Expiration Date, the Rights associated with the Common Stock shall be evidenced by such Common Stock alone and registered holders of Common Stock shall also be the registered holders of the associated Rights, and the transfer of any such Common Stock shall also constitute the transfer of the Rights associated with such shares of Common Stock. Notwithstanding this paragraph (d) Subject to Section 13(hb), the omission of the legend or the failure to send, deliver or provide the registered owner of shares of Common Stock a copy of the Summary of Rights shall not affect the enforceability of any part of this Agreement or the rights of any holder of the Rights. In the event that the Company purchases or otherwise acquires any shares of Common Stock after the Separation Record Date but prior to the Expiration Distribution Date, any Rights associated with such shares of Common Stock shall be cancelled and retired so that the Company is not entitled to exercise any Rights associated with the shares of Common Stock that are no longer outstanding.
(c) Until the Distribution Date, the Rights shall be transferable only be issued in connection with the issuance transfer of the underlying shares of Common Shares upon the exercise of stock options granted prior Stock (including a transfer to the Separation Date Company).
(d) As soon as practicable after the Distribution Date, the Company will prepare and execute, and upon written request of the Company, the Rights Agent will countersign and the Company will send or upon cause to be sent (and the exerciseRights Agent will, conversion or exchange of securities issued if so requested by the Company prior in writing and provided with all necessary information and documents, at the expense of the Company, send) by first-class, insured, postage-prepaid mail, to the Separation Date; provided, however, that if, pursuant to the terms of any option, or exercise, conversion or exchange of securities, the number each record holder of shares issuable thereunder is adjusted after of Common Stock as of the Separation DateClose of Business on the Distribution Date (other than any Acquiring Person or any Related Person of an Acquiring Person), at the address of such holder shown on the records of the Company, one or more rights certificates, in substantially the form of Exhibit C hereto (the “Rights Certificate”), evidencing one Right for each share of Common Stock so held, subject to adjustment as provided herein. In the event that an adjustment in the number of Rights issuable upon issuance per share of Common Stock has been made pursuant to Section 11 hereof, at the time of distribution of the shares Rights Certificates, the Company may make the necessary and appropriate rounding adjustments (in accordance with Section 14(a) hereof) so that Rights Certificates representing only whole numbers of Rights are distributed and, if such adjustments are made, the Company may pay cash in lieu of any fractional Rights (in accordance with Section 14(a) hereof). As of and after the Distribution Date, the Rights shall be equal only to evidenced solely by such Rights Certificates, and the number Rights Certificates and the Rights shall be transferable separately from the transfer of shares which would have been issuable Common Stock. The Company shall promptly notify the Rights Agent in writing upon the occurrence of the Distribution Date and, if such notification is given orally, the Company shall confirm the same in writing on or prior to the adjustmentBusiness Day next following. Until such written notice is received by the Rights Agent, the Rights Agent may presume conclusively for all purposes that the Distribution Date has not occurred.
Appears in 1 contract
Sources: Tax Benefits Preservation Plan (Universal Stainless & Alloy Products Inc)
Issue of Rights Certificates. (a) Until the Separation Date, (xof Common Stock has been made pursuant to Section 11(p) the Rights will be evidenced by the certificates for the Common Shares registered in the names of the holders of the Common Shares (which certificates for Common Shares shall be deemed also to be certificates for Rights) and not by separate certificates, and (y) the Rights will be transferable only in connection with the transfer of the underlying Common Shares (including a transfer to the Company). As soon as practicable after the Separation Date, the Rights Agent will send by first-class, insured, postage prepaid mail, to each record holder of the Common Shares as of the Close of Business on the Separation Datehereof, at the address time of such holder shown on the records distribution of the Company, a Rights certificate, in substantially the form of Exhibit A hereto (the "Rights Certificates"), evidencing one Right for each Common Share the Company shall make the necessary and appropriate rounding adjustments (in accordance with Section 14(a) hereof) so heldthat Rights Certificates representing only whole numbers of Rights are distributed and cash is paid in lieu of any fractional Rights. As of and after the Separation Distribution Date, the Rights will be evidenced solely by such Rights Certificates.
(b) As promptly as practicable following the Record Date, the Company will send a copy of a Summary of RightsRights to Purchase Preferred Stock, in substantially the form attached of Exhibit C hereto as Exhibit B (the "Summary of Rights"), by first-class, postage prepaid mail mail, to each record holder of the Common Shares Stock as of the Close close of Business business on the Record Date, at the address of such holder shown on the records of the Company. With respect to certificates for the Common Stock outstanding as of the Record Date, until the Distribution Date, the Rights will be evidenced by such certificates for the Common Stock and the registered holders of the Common Stock shall also be the registered holders of the associated Rights. Until the earlier of the Distribution Date or the Expiration Date (as such term is defined in Section 7 hereof), the transfer of any certificates representing shares of Common Stock in respect of which Rights have been issued shall also constitute the transfer of the Rights associated with such shares of Common Stock.
(c) Certificates for the Rights shall be issued in respect of all shares of Common Shares Stock which are issued (including reissuance of treasury shareswhether originally issued or from the Company's treasury) after the Record Date but prior to the earlier of the Separation Distribution Date or the Expiration Date (as hereinafter defined) Date. Certificates representing such shares of Common Stock shall also be deemed also to be certificates for Rights (and Rights shall be issued in respect thereof)Rights, and shall bear the following legend: "This certificate also evidences and entitles the holder hereof to certain Rights as set forth in the Rights Agreement between Coachmen Industries, Inc. Bestfoods (the "Company") and First Chicago Trust Company of New York, York (the "Rights Agent") dated as of January 54, 2000 and effective January 121999, 2000 as may be amended (the "Rights Agreement"), the terms of which are hereby incorporated herein by reference and a copy of which is on file at the principal offices of the Company. Under certain circumstances, as set forth in the Rights Agreement, such Rights will be evidenced by separate certificates and will no longer be evidenced by this certificate. The Company will mail to the holder of this certificate a copy of the 10 - 7 - Rights Agreement Agreement, as in effect on the date of mailing, without charge promptly after receipt of a written request therefor. Under certain circumstancescircumstances set forth in the Rights Agreement, Rights beneficially owned by issued to, or held by, any Person who is, was or becomes an Acquiring Persons Person or any Affiliates Affiliate or Associates Associate thereof (as such terms are defined in the Rights Agreement) and ), whether currently held by or on behalf of such Person or by any subsequent holder of such Rights holder, may become null and void."
. With respect to such certificates containing the foregoing legend, until the earlier of (di) Subject to Section 13(h), after the Separation Distribution Date but prior to or (ii) the Expiration Date, the Rights shall only be issued in connection associated with the issuance Common Stock represented by such certificates shall be evidenced by such certificates alone and registered holders of Common Shares upon Stock shall also be the exercise registered holders of stock options granted prior to the Separation Date or upon associated Rights, and the exercise, conversion or exchange of securities issued by the Company prior to the Separation Date; provided, however, that if, pursuant to the terms transfer of any option, or exercise, conversion or exchange of securities, such certificates shall also constitute the number of shares issuable thereunder is adjusted after the Separation Date, the number of Rights issuable upon issuance transfer of the shares Rights associated with the Common Stock represented by such certificates. The failure to print the foregoing legend on any such Common Stock certificate or any other defect therein shall be equal only to not affect in any manner whatsoever the number application or interpretation of shares which would have been issuable prior to the adjustmentprovisions of Section 7(e) hereof.
Appears in 1 contract
Sources: Rights Agreement (Bestfoods)
Issue of Rights Certificates. (a) Until the Separation Distribution Date, (xi) the Rights will be evidenced (subject to the provisions of Section 3(b) hereof) by the certificates for the representing shares of Common Shares Stock registered in the names of the holders of the Common Shares Stock (which certificates for Common Shares shall be deemed also to be certificates for the associated Rights) and not by separate rights certificates, and (yii) the Rights will be transferable only in connection with the transfer of the underlying associated shares of Common Shares (including a transfer to the Company)Stock. As soon as practicable after the Separation DateCompany has notified the Rights Agent of the occurrence of the Distribution Date and provided the Rights Agent with all necessary information (and if the Rights Agent is not also the transfer agent and registrar of Common Stock, provided the Rights Agent with the names and addresses of all record holders of Common Stock), the Rights Agent will send by first-class, insured, postage prepaid mail, to each record holder of the Common Shares Stock as of the Close of Business on the Separation Distribution Date, at the address of such holder shown on the stock transfer records of the Company, a Rights certificateone or more rights certificates, in substantially the form of Exhibit A B hereto (the "Rights Certificates"), evidencing one Right for each Common Share so heldin the aggregate that number of Rights to which such holder is entitled in accordance with the provisions of this Agreement. As of and after the Separation Distribution Date, the Rights will be evidenced solely by such Rights Certificates. The Rights are exercisable only in accordance with the provisions of Section 7 hereof and are redeemable only in accordance with Section 23 hereof.
(b) As promptly soon as practicable following after the Dividend Record Date, the Company will send cause a copy of a Summary of Rights, in substantially the form attached hereto as Exhibit B C (the "Summary of Rights"), to be sent by first-class, postage prepaid mail mail, to each record holder of the Common Shares Stock as of the Close of Business on the Dividend Record Date, at the address of such holder shown on the stock transfer records of the Company. With respect to certificates for the Common Stock outstanding as of the Dividend Record Date, until the Distribution Date, the Rights associated with the shares of Common Stock represented by such certificates will be evidenced by such certificates for the Common Stock and the registered holders of the Common Stock shall also be the registered holders of the associated Rights. Until the Distribution Date (or the earlier redemption, expiration or termination of the Rights), the surrender for transfer of any of the certificates representing shares of the Common Stock outstanding on the Dividend Record Date, with or without a copy of the Summary of Rights, shall also constitute the transfer of the Rights associated with the Common Stock represented by such certificate.
(c) Certificates for the Rights shall be issued in respect of all shares of Common Shares Stock issued (including reissuance of treasury shareswhether originally issued or delivered from the Company's treasury) after the Dividend Record Date but prior to the earlier earliest of (i) the Distribution Date, (ii) the Expiration Date, or (iii) the redemption of the Separation Date Rights. Certificates representing such shares of Common Stock and certificates issued on transfer of such shares of Common Stock, with or without a copy of the Expiration Summary of Rights, prior to the Distribution Date (as hereinafter definedor earlier expiration or redemption of the Rights) shall be deemed also to be certificates for Rights (and Rights shall be issued in respect thereof)the associated Rights, and commencing as soon as reasonably practicable following the Dividend Record Date shall bear the following legend: "legend (or a legend substantially in the form thereof): This certificate also evidences and entitles the holder hereof to certain Rights as set forth in the a Rights Agreement between Coachmen Industriesthe issuer and Mellon Investor Services LLC, Inc. as Rights Agent (the "CompanyRights Agent") and First Chicago Trust Company of New York), dated as of January 5July 16, 2000 and effective January 12, 2000 2001 (the "Rights Agreement"), the terms of which are hereby incorporated herein by reference and a copy of which is on file at the principal offices of both the Companyissuer and the Rights Agent. The Rights Agent will mail to the registered holder of this certificate a copy of the Rights Agreement, as in effect on the date of mailing, without charge upon written request. Under certain circumstances, as circumstances set forth in the Rights Agreement, such Rights will be evidenced by separate certificates and will no longer be evidenced by this certificate. The Company will mail to the holder of this certificate a copy of Under certain circumstances set forth in the Rights Agreement without charge promptly after receipt of a written request therefor. Under certain circumstancesAgreement, Rights beneficially owned issued to, or held by any Person who is, was or becomes, or acquires shares from, an Acquiring Persons Person or any Affiliates or Associates thereof Affiliate of an Acquiring Person (as each such term is defined in the Rights Agreement) Agreement and any subsequent holder generally relating to the ownership or purchase of large shareholdings), whether currently held by or on behalf of such Rights Person or Affiliate or by certain subsequent holders, may become null and void."
(d) Subject to Section 13(h). Until the Distribution Date or the earlier redemption, after expiration or termination of the Separation Date but prior to Rights, the Expiration Date, Rights shall only be issued in connection associated with the issuance Common Stock shall be evidenced by the Common Stock certificates alone and the registered holders of Common Shares upon Stock shall also be the exercise registered holders of stock options granted prior to the Separation Date or upon associated Rights, and the exercise, conversion or exchange of securities issued by the Company prior to the Separation Date; provided, however, that if, pursuant to the terms surrender for transfer of any option, or exercise, conversion or exchange of securities, such certificates shall also constitute the number of shares issuable thereunder is adjusted after the Separation Date, the number of Rights issuable upon issuance transfer of the shares shall be equal only to Rights associated with the number of shares which would have been issuable prior to the adjustmentCommon Stock represented by such certificate.
Appears in 1 contract
Issue of Rights Certificates. (a) Until the Separation Date, (x) the Rights will be evidenced by the certificates for the Common Shares registered in the names of the holders of the Common Shares (which certificates for Common Shares shall be deemed also to be certificates for Rights) and not by separate certificates, and (y) the Rights will be transferable only in connection with the transfer of the underlying Common Shares (including a transfer to the Company). As soon as practicable after the Separation Date, the Rights Agent will send by first-class, insured, postage prepaid mail, to each record holder of the Common Shares as of the Close of Business on the Separation Date, at the address of such holder shown on the records of the Company, a Rights certificate, in substantially the form of Exhibit A hereto (the "Rights Certificates"), evidencing one Right for each Common Share so held. As of and after the Separation Date, the Rights will be evidenced solely by such Rights Certificates.
(b) As promptly as practicable following the Record Date, the Company will send or deliver a copy of a Summary of RightsRights to Purchase Common Stock, in substantially the form attached hereto as Exhibit B A (the "“Summary of Rights"”), by first-class, postage prepaid mail to each record holder of Common Shares Stock as of the Close of Business on the Record Date, Date (other than any Acquiring Person or any Associate or Affiliate of any Acquiring Person) at the address of such holder shown on the records of the Company. Until the Distribution Date, (x) the Rights will be evidenced by Book-Entry or the certificates for shares of Common Stock of the Company registered in the names of the holders thereof (which certificates, together with a copy of the Summary of Rights, and Book-Entry, together with a copy of the Summary of Rights or a written statement containing the Rights Notice, shall also be deemed to be Right Certificates) and not by separate Right Certificates and (y) the right to receive Right Certificates will be transferable only in connection with the transfer of the Common Stock of the Company.
(cb) Certificates for the Rights shall be issued in respect of all shares of Common Shares Stock issued (including reissuance of treasury shareswhether originally issued or from the Company’s treasury) after the Record Date but prior to the earlier of the Separation Distribution Date or and the Expiration Date; provided, however, Rights shall also be issued to the extent provided in Section 22 hereof in respect of all shares of Common Stock which are issued (whether originally issued or from the Company’s treasury) after the Distribution Date (as hereinafter defined) and prior to the Expiration Date. Certificates representing such shares of Common Stock shall also be deemed also to be certificates for Rights (and Rights shall be issued in respect thereof)Rights, and shall bear the following legend: "legend (in addition to any other legends that may be required): This certificate also evidences and entitles the holder hereof to certain Rights as set forth in the a Rights Agreement between Coachmen Industries, Inc. Shenandoah Telecommunications Company (the "“Company"”) and First Chicago American Stock Transfer and Trust Company of New York(the “Rights Agent”) entered into on January 24, dated 2008 and effective as of January 5February 8, 2000 and effective January 12, 2000 2008 as the same may be amended from time to time (the "“Rights Agreement"”), the terms of which are hereby incorporated herein by reference and a copy of which is on file at the principal executive offices of the Company. Under certain circumstances, as set forth in the Rights Agreement, such Rights will shall be evidenced by separate certificates and will shall no longer be evidenced by this certificate. The Company will shall mail to the holder of this certificate a copy of the Rights Agreement as in effect on the date of mailing without charge promptly after receipt of a written request therefor. Under certain circumstances set forth in the Rights Agreement, Rights issued to, or held by, any Person who is, was or becomes an Acquiring Person or any Affiliate or Associate thereof (as such terms are defined in the Rights Agreement), whether currently held by or on behalf of such Person or by any subsequent holder, may become null and void. With respect to such certificates containing the foregoing legend, until the earlier of the Distribution Date and the Expiration Date, the Rights associated with the Common Stock represented by such certificates shall be evidenced by such certificates alone and registered holders of Common Stock shall also be the registered holders of the associated Rights, and the transfer of any such certificate shall also constitute the transfer of the Rights associated with the Common Stock represented thereby. Notwithstanding this paragraph (b), the omission of the foregoing legend shall not affect the enforceability of any part of this Agreement or the rights of any holder of the Rights.
(c) With respect to certificates or Book-Entries for shares of Common Stock outstanding as of the Record Date, until the Distribution Date, the Rights shall be evidenced by such certificates or Book-Entries for Common Stock registered in the names of the holders thereof together with a copy of the Summary of Rights or, in the case of Book-Entries, together with a written statement containing the Rights Notice. Until the Distribution Date (or the earlier of the Redemption Date or the Final Expiration Date), the surrender for transfer of any shares of Common Stock of the Company outstanding on the Record Date represented by certificates or Book-Entry, with or without a copy of the Summary of Rights, shall also constitute the transfer of the Rights associated with the shares of Common Stock of the Company represented thereby and not by separate Rights Certificates. The Rights shall be transferable only in connection with the transfer of the underlying shares of Common Stock (including a transfer to the Company).
(d) As soon as practicable after the Distribution Date, the Company shall prepare and execute, the Rights Agent shall countersign and the Company shall send or cause to be sent (and the Rights Agent shall, if requested, send) by first-class, insured, postage-prepaid mail, to each record holder of Common Stock as of the Close of Business on the Distribution Date, at the address of such holder shown on the records of the Company, a rights certificate, in substantially the form of Exhibit B hereto (the “Rights Certificate”), evidencing one Right for each share of Common Stock so held, subject to adjustment as provided herein. In the event that an adjustment in the number of Rights per share of Common Stock has been made pursuant to Section 11 hereof, at the time of distribution of the Rights Certificates, the Company shall make necessary and appropriate rounding adjustments (in accordance with Section 14(a) hereof) so that Rights Certificates representing only whole numbers of Rights are distributed and cash is paid in lieu of any fractional Rights. As of and after the Distribution Date, the Rights shall be evidenced solely by such Rights Certificates.
(e) With respect to Rights evidenced by Book-Entry for shares of Common Stock, until the Distribution Date, the transfer of such shares of Common Stock shall also constitute the transfer of the Rights associated with such shares of Common Stock, and the Company or its transfer agent shall, within a reasonable time after such transfer, send to the registered owner of such shares of Common Stock a copy of a written statement containing the Rights Notice and/or accompanied by a copy of the Summary of Rights (which may be provided as part of or together with any notice with respect to the shares of Common Stock that may be required by applicable law). The “Rights Notice” with respect to Rights evidenced by Book-Entry for shares of Common Stock shall be in substantially the form of the following legend: Common share purchase rights are associated with the shares of Common Stock of the Company pursuant to the Rights Agreement between Shenandoah Telecommunications Company, a Virginia corporation (the “Company”), and American Stock Transfer and Trust Company, (the “Rights Agent”) entered into on January 24, 2008 and effective as of February 8, 2008, as it may be amended from time to time (the “Rights Agreement”), the terms of which are hereby incorporated herein by reference and a copy of which is on file at the principal executive offices of the Company. Under certain circumstances, as set forth in the Rights Agreement, such Rights (as defined in the Agreement) will be evidenced by separate certificates and will no longer be associated with and trade together with the shares of Common Stock of the Company. The rights are not exercisable prior to the occurrence of certain events specified in the Rights Agreement. Under certain circumstances, as set forth in the Rights Agreement, the securities or property for which the Rights may be exercised may be adjusted, and the Rights may be redeemed, may be exchanged, may expire, or may be amended. As set forth in the Rights Agreement, Rights beneficially owned by Acquiring Persons or any Affiliates or Associates thereof Person (as defined in the Rights Agreement) and who becomes an Acquiring Person or any subsequent holder of Affiliate or Associate thereof (as such terms are defined in the Rights may Agreement) become null and void."
. The Company will mail to the holder of shares of Common Stock of the Company a copy of the Rights Agreement without charge after receipt of a written request therefor. Notwithstanding this paragraph (d) Subject to Section 13(he), after the Separation Date but prior failure to send the Expiration Date, registered owner of such shares of Common Stock a copy of the written statement containing the Rights Notice or a copy of the Summary of Rights shall only be issued in connection with not affect the issuance enforceability or any part of Common Shares upon this Agreement or the exercise of stock options granted prior to the Separation Date or upon the exercise, conversion or exchange of securities issued by the Company prior to the Separation Date; provided, however, that if, pursuant to the terms rights of any option, or exercise, conversion or exchange of securities, the number of shares issuable thereunder is adjusted after the Separation Date, the number of Rights issuable upon issuance holder of the shares shall be equal only to the number of shares which would have been issuable prior to the adjustmentRights.
Appears in 1 contract
Sources: Rights Agreement (Shenandoah Telecommunications Co/Va/)
Issue of Rights Certificates. (a) Effective on or after the Record Date, one Right shall be associated with each share of Common Stock outstanding on the Record Date. Each additional share of Common Stock issued after the Record Date through the first to occur of the Distribution Date or the Expiration Date and each additional share of Common Stock with which Rights are issued after the Distribution Date but before the Expiration Date, will be subject to adjustment as provided in Section 11 below. Until the Separation Distribution Date, (xi) the Rights will be evidenced (subject to the provisions of 3(b) hereof) by the certificates for the Common Shares Stock registered in the names of the holders of the Common Shares Stock (which certificates for Common Shares Stock shall be deemed also to be certificates for Rights) and not by separate certificates, and (yii) the Rights will be transferable only in connection with the transfer of the underlying shares of Common Shares Stock (including a transfer to the Company). As soon as practicable after the Separation Distribution Date, the Rights Agent will send send, at the expense of the Company, by first-class, insured, postage prepaid mail, to each record holder of the Common Shares Stock as of the Close of Business on the Separation Distribution Date, at the address of such holder shown on the records of the Company, a Rights certificate, in substantially the form of Exhibit A hereto (the "one or more Rights Certificates"), evidencing one Right for each share of Common Share Stock so held, subject to adjustment as provided herein. In the event that an adjustment in the number of Rights per share of Common Stock has been made pursuant to Section 11(p) hereof, at the time of distribution of the Right Certificates, the Company shall make the necessary and appropriate rounding adjustments (in accordance with Section 14(a) hereof) so that Rights Certificates representing only whole numbers of Rights are distributed and cash is paid in lieu of any fractional Rights. As of and after the Separation Distribution Date, the Rights will be evidenced solely by such Rights Certificates.
(b) As promptly as practicable following On the Record Date, or as soon as practicable thereafter, the Company will send a copy of a Summary of Rights, in substantially the form attached hereto as Exhibit B (the "Summary of Rights"), by first-class, postage prepaid mail mail, to each record holder of shares of Common Shares Stock as of the Close of Business on the Record Date, at the address of such holder shown on the records of the Company.
(c) Certificates issued for the shares of Common Shares Stock (including, without limitation, certificates issued (including reissuance upon transfer, exchange or replacement of treasury sharesshares of Common Stock) after the Record Date but prior to before the earlier earliest of the Separation Distribution Date, the Redemption Date or and the Final Expiration Date (as hereinafter defined) shall be deemed also to be certificates for Rights (and Rights shall be issued in respect thereof), and shall bear the following legend: "This certificate also evidences and entitles the holder hereof to certain Rights as set forth in the Rights Agreement between Coachmen IndustriesMFRI, Inc. (the "Company") and First Chicago H▇▇▇▇▇ Trust Company of New Yorkand Savings Bank, as Rights Agent, dated as of January 5September 15, 2000 and effective January 12, 2000 1999 (the "Rights Agreement"Agreements), the terms of which are hereby incorporated herein by reference and a copy of which is on file at the principal offices of the Company. MFRI, Inc. Under certain circumstances, as set forth in the Rights Agreement, such Rights will be evidenced by separate certificates and will no longer be evidenced by this certificate. The Company MFRI, Inc. will mail to the holder of this certificate a copy of the Rights Agreement Agreement, as in effect on the date of mailing, without charge promptly after receipt of a written request therefor. Under certain circumstancescircumstances set forth in the Rights Agreement, Rights beneficially owned by issued to, or held by, any Person who is, was or becomes an Acquiring Persons Person or any Affiliates Affiliate or Associates Associate thereof (as such terms are defined in the Rights Agreement) and ), whether currently held by or on behalf of such Person or by any subsequent holder of such Rights holder, may become null and void."" With respect to such certificates containing the foregoing legend, until the earlier of (i) the Distribution Date and (ii) the Expiration Date, the Rights associated with the Common Stock represented by such certificates shall be evidenced by such certificates alone and registered holders of Common Stock shall also be the registered holders of the associated Rights, and the transfer of any of such certificates shall also constitute the transfer of the Rights associated with the Common Stock represented by such certificates.
(d) Subject to Section 13(h), If the Company purchases or acquires any Common Stock after the Separation Record Date but prior to before the Expiration Distribution Date, any Rights associated with that Common Stock shall only be issued in connection deemed canceled so that the Company shall not be entitled to exercise any Rights associated with the issuance of Common Shares upon the exercise of stock options granted prior to the Separation Date or upon the exercise, conversion or exchange of securities issued by the Company prior to the Separation Date; provided, however, that if, pursuant to the terms of any option, or exercise, conversion or exchange of securities, the number of shares issuable thereunder is adjusted after the Separation Date, the number of Rights issuable upon issuance of the shares shall be equal only to the number of shares Stock which would have been issuable prior to the adjustmentare no longer outstanding.
Appears in 1 contract
Sources: Rights Agreement (Mfri Inc)
Issue of Rights Certificates. (a) Until the Separation Date, (xi) the Rights will be evidenced by the certificates for the Common Shares Stock registered in the names of the holders of the Common Shares Stock (which certificates for Common Shares Stock shall be deemed also to be certificates for Rights) and not by separate certificates, and (yii) the Rights will be transferable only in connection with the transfer of the underlying shares of Common Shares Stock (including a transfer to the Company). .
(b) As soon as practicable after the Separation Date, the Rights Agent will send by first-class, insured, postage prepaid mail, to each record holder of the Common Shares Stock as of the Close of Business on the Separation Date, at the address of such holder shown on the records of the Company, a Rights certificate, in substantially the form of Exhibit A hereto certificate (the "Rights CertificatesRIGHTS CERTIFICATE"), evidencing one Right (as adjusted from time to time prior to the Separation Date pursuant to this Agreement) for each share of Common Share Stock so held. As of and after the Separation Date, the Rights will be evidenced solely by such Rights Certificates.
(bc) As promptly soon as practicable following after the Record Date, the Company will send a copy of a Summary of Rights, in substantially the form attached hereto as Exhibit B (the "Summary of RightsSUMMARY OF RIGHTS"), by first-class, postage prepaid mail to each record holder of the Common Shares Stock as of the Close of Business on the Record Date, at the address of such holder shown on the records of the Company.
(cd) Certificates for the Common Shares Stock issued (including reissuance of treasury shares) after the Record Date but prior to the earlier of the Separation Date or the Expiration Date (as hereinafter defined) ), shall be deemed also to be certificates for Rights (and Rights shall be issued in respect thereof)Rights, and shall bear the following legend: "This certificate also evidences and entitles the holder hereof to certain Rights as set forth in the Rights Agreement between Coachmen Industries, Inc. Mercury Finance Company (the "Company") and First Chicago ▇▇▇▇▇▇ Trust Company of New Yorkand Savings Bank, dated as of January 5February 28, 2000 and effective January 12, 2000 1997 (the "Rights Agreement"), the terms of which are hereby incorporated herein by reference and a copy of which is on file at the principal offices of the Company. Under certain circumstances, as set forth in the Rights Agreement, such Rights will be evidenced by separate certificates and will no longer be evidenced by this certificate. The Company will mail to the holder of this certificate a copy of the Rights Agreement without charge promptly after receipt of a written request therefor. Under certain circumstances, Rights beneficially owned by Acquiring Persons or any Affiliates or Associates thereof (as defined in the Rights Agreement) become null and any subsequent void and the holder of such Rights may become null and void(including any subsequent holder) shall not have any right to exercise the Rights."
(de) Subject to Section 13(h), after After the Separation Date but prior to the Expiration Date, Rights shall only be issued in connection with the issuance of Common Shares Stock upon the exercise of stock options granted prior to the Separation Date or upon the exercise, conversion pursuant to other benefits under any employee plan or exchange of securities issued by the Company arrangement established prior to the Separation Date; provided, however, that if, pursuant to the terms of any option, option or exercise, conversion or exchange of securitiesother benefit plan, the number of shares issuable thereunder is adjusted after the Separation Date, the number of Rights issuable upon issuance of the shares shall be equal only to the number of shares which would have been issuable prior to the adjustment.
Appears in 1 contract
Issue of Rights Certificates. (a) Until the Separation Date, (x) the Rights will be evidenced by the certificates for the Common Shares registered in the names of the holders of the Common Shares (which certificates for Common Shares shall be deemed also to be certificates for Rights) and not by separate certificates, and (y) the Rights will be transferable only in connection with the transfer of the underlying Common Shares (including a transfer to the Company). As soon as practicable after the Separation Date, the Rights Agent will send by first-class, insured, postage prepaid mail, to each record holder of the Common Shares as of the Close of Business on the Separation Date, at the address of such holder shown on the records of the Company, a Rights certificate, in substantially the form of Exhibit A hereto (the "Rights Certificates"), evidencing one Right for each Common Share so held. As of and after the Separation Date, the Rights will be evidenced solely by such Rights Certificates.
(b) As promptly as practicable following the Record Date, the Company will send or deliver a copy of a Summary of RightsRights to Purchase Preferred Stock, in substantially the form attached hereto as Exhibit B (the "“Summary of Rights"”), by first-class, postage prepaid mail to each record holder of Common Shares Stock as of the Close of Business on the Record Date, Date at the address of such holder shown on the records of the Company. With respect to certificates for shares of Common Stock outstanding as of the Record Date, until the Distribution Date, the Rights will be evidenced by such certificates for the Common Stock and the registered holders of the Common Stock shall also be the registered holders of the associated Rights. Until the Distribution Date (or the earlier Expiration Date or Final Expiration Date), the transfer of any certificate representing shares of Common Stock in respect of which Rights have been issued shall also constitute the transfer of the Rights associated with the shares of Common Stock represented thereby.
(cb) Certificates for the Rights shall be issued in respect of all shares of Common Shares Stock issued (including reissuance of treasury shareswhether originally issued or from the Company’s treasury) after the Record Date but prior to the earlier of the Separation Distribution Date or the Expiration Date or the Final Expiration Date. Rights shall also be issued to the extent provided in Section 22 in respect of all shares of Common Stock which are issued (as hereinafter definedwhether originally issued or from the Company’s treasury) after the Distribution Date and prior to the Expiration Date. Certificates representing such shares of Common Stock shall also be deemed also to be certificates for Rights (and Rights shall be issued in respect thereof)Rights, and shall bear the following legend: "legend (in addition to any other legends that may be required): This certificate also evidences and entitles the holder hereof to certain Rights as set forth in the a Rights Agreement between Coachmen Industries, Arbitron Inc. (the "“Company"”) and First Chicago Trust Company The Bank of New York, York (the “Rights Agent”) dated as of January 5November 21, 2000 and effective January 122002, 2000 as the same may be amended from time to time (the "“Rights Agreement"”), the terms of which are hereby incorporated herein by reference and a copy of which is on file at the principal executive offices of the Company. Under certain circumstances, as set forth in the Rights Agreement, such Rights will be evidenced by separate certificates and will no longer be evidenced by this certificate. The Company will mail to the holder of this certificate a copy of the Rights Agreement as in effect on the date of mailing without charge promptly after receipt of a written request therefor. Under certain circumstancescircumstances set forth in the Rights Agreement, Rights beneficially owned by issued to, or held by, any Person who is, was or becomes an Acquiring Persons Person or any Affiliates Affiliate or Associates Associate thereof (as such terms are defined in the Rights Agreement) and ), whether currently held by or on behalf of such Person or by any subsequent holder of such Rights holder, may become null and void. With respect to such certificates containing the foregoing legend, until the earlier of (i) the Distribution Date or (ii) the Expiration Date, the Rights associated with the Common Stock represented by such certificates shall be evidenced by such certificates alone and registered holders of Common Stock shall also be the registered holders of the associated Rights, and the transfer of any such certificate shall also constitute the transfer of the Rights associated with the Common Stock represented thereby."
(c) Until the Distribution Date (i) the Rights will be evidenced (subject to the provisions of paragraph (a) of this Section 3) by the certificates for Common Stock registered in the names of the holders thereof (which certificates for Common Stock shall also be deemed to be Rights Certificates) and not by separate Rights Certificates, and (ii) the Rights will be transferable only in connection with the transfer of the underlying shares of Common Stock (including a transfer to the Company). The Company shall give the Rights Agent prompt written notice of the Distribution Date.
(d) Subject As soon as practicable after the Distribution Date and receipt of written notice of the Distribution Date from the Company, the Rights Agent upon notification thereof will, at the Company’s expense, send by first-class, insured, postage prepaid mail, to Section 13(heach record holder of Common Stock as of the Close of Business on the Distribution Date, at the address of such holder shown on the records of the Company, a rights certificate, in substantially the form of Exhibit C hereto (the “Rights Certificate”), after the Separation Date but prior to the Expiration Date, Rights shall only be issued in connection with the issuance evidencing one Right for each share of Common Shares upon Stock so held, subject to adjustment as provided herein. In the exercise of stock options granted prior to the Separation Date or upon the exercise, conversion or exchange of securities issued by the Company prior to the Separation Date; provided, however, event that if, pursuant to the terms of any option, or exercise, conversion or exchange of securities, the number of shares issuable thereunder is adjusted after the Separation Date, an adjustment in the number of Rights issuable upon issuance per share of Common Stock has been made pursuant to Section 11 hereof, at the time of distribution of the shares Rights Certificates, the Company shall be equal make necessary and appropriate rounding adjustments (in accordance with Section 14(a) hereof) so that Rights Certificates representing only to the number whole numbers of shares which would have been issuable prior to the adjustment.Rights are distributed and cash is paid in lieu of any fractional
Appears in 1 contract
Sources: Rights Agreement (Arbitron Inc)
Issue of Rights Certificates. (a) Until the Separation Date, (x) the Rights will be evidenced by the certificates for the Common Shares registered in the names of the holders of the Common Shares (which certificates for Common Shares shall be deemed also to be certificates for Rights) and not by separate certificates, and (y) the Rights will be transferable only in connection with the transfer of the underlying Common Shares (including a transfer to the Company). As soon as practicable after the Separation Date, the Rights Agent will send by first-class, insured, postage prepaid mail, to each record holder of the Common Shares as of the Close of Business on the Separation Date, at the address of such holder shown on the records of the Company, a Rights certificate, in substantially the form of Exhibit A hereto (the "Rights Certificates"), evidencing one Right for each Common Share so held. As of and after the Separation Date, the Rights will be evidenced solely by such Rights Certificates.
(b) As promptly as practicable following the Record Date, the Company will send shall make available a copy of a Summary of RightsRights to Purchase Preferred Stock, in substantially the form attached hereto as Exhibit EXHIBIT B (the "“Summary of Rights"”), by first-class, postage prepaid mail to each record holder of Common Shares Stock who may so request from time to time prior to the Expiration Date. With respect to certificates for shares of Common Stock outstanding as of the Close of Business on the Record Date, at until the address of Distribution Date, the Rights shall be evidenced by such holder shown on certificates for the records Common Stock and the registered holders of the CompanyCommon Stock shall also be the registered holders of the associated Rights. Until the Distribution Date (or the earlier Expiration Date or Final Expiration Date), the transfer of any certificate representing shares of Common Stock in respect of which Rights have been issued shall also constitute the transfer of the Rights associated with the shares of Common Stock represented thereby.
(cb) Certificates for the Rights shall be issued in respect of all shares of Common Shares Stock issued (including reissuance of treasury shareswhether originally issued or from the Company’s treasury) after the Record Date but prior to the earlier earliest of the Separation Distribution Date, the Redemption Date and the Final Expiration Date; provided, however, Rights shall also be issued to the extent provided in Section 22 hereof in respect of all shares of Common Stock which are issued (whether originally issued or from the Company’s treasury) after the Distribution Date and prior to the Expiration Date (as hereinafter defined) Date. Certificates representing such shares of Common Stock shall also be deemed also to be certificates for Rights (and Rights shall be issued in respect thereof)Rights, and shall bear the following legend: "legend (in addition to any other legends that may be required): This certificate also evidences and entitles the holder hereof to certain Rights as set forth in the a Rights Agreement between Coachmen IndustriesWhite Mountain Titanium Corporation (the “Company”) and Interwest Transfer Company, Inc. (the "Company"“Rights Agent”) and First Chicago Trust Company of New York, dated as of January 518, 2000 and effective January 122011, 2000 as the same may be amended from time to time (the "“Rights Agreement"”), the terms of which are hereby incorporated herein by reference and a copy of which is on file at the principal executive offices of the Company. Under certain circumstances, as set forth in the Rights Agreement, such Rights will shall be evidenced by separate certificates and will shall no longer be evidenced by this certificate. The Company will shall mail to the holder of this certificate a copy of the Rights Agreement as in effect on the date of mailing without charge promptly after receipt of a written request therefor. Under certain circumstancescircumstances set forth in the Rights Agreement, Rights beneficially owned by issued to, or held by, any Person who is, was or becomes an Acquiring Persons Person or any Affiliates Affiliate or Associates Associate thereof (as such terms are defined in the Rights Agreement) and ), whether currently held by or on behalf of such Person or by any subsequent holder of such Rights may holder, become null and void. With respect to such certificates containing the foregoing legend, until the earlier of (i) the Distribution Date or (ii) the Expiration Date, the Rights associated with the Common Stock represented by such certificates shall be evidenced by such certificates alone and registered holders of Common Stock shall also be the registered holders of the associated Rights, and the transfer of any such certificate shall also constitute the transfer of the Rights associated with the Common Stock represented thereby. Notwithstanding this paragraph (b), the omission of the foregoing legend shall not affect the enforceability of any part of this Agreement or the rights of any holder of the Rights."
(c) Until the Distribution Date, (i) the Rights shall be evidenced (subject to the provisions of paragraph (a) of this Section 3) by the certificates for Common Stock registered in the names of the holders thereof (which certificates for Common Stock shall also be deemed to be Rights Certificates) and not by separate Rights Certificates, and (ii) the Rights shall be transferable only in connection with the transfer of the underlying shares of Common Stock (including a transfer to the Company).
(d) Subject As soon as practicable after the Distribution Date, the Company shall prepare and execute, the Rights Agent shall countersign and the Company shall send or cause to Section 13(hbe sent (and the Rights Agent shall, if requested, send) by first-class, insured, postage-prepaid mail, to each record holder of Common Stock as of the Close of Business on the Distribution Date, at the address of such holder shown on the records of the Company, a rights certificate, in substantially the form of EXHIBIT C hereto (the “Rights Certificate”), after the Separation Date but prior to the Expiration Date, Rights shall only be issued in connection with the issuance evidencing one Right for each share of Common Shares upon Stock so held, subject to adjustment as provided herein. In the exercise of stock options granted prior to the Separation Date or upon the exercise, conversion or exchange of securities issued by the Company prior to the Separation Date; provided, however, event that if, pursuant to the terms of any option, or exercise, conversion or exchange of securities, the number of shares issuable thereunder is adjusted after the Separation Date, an adjustment in the number of Rights issuable upon issuance per share of Common Stock has been made pursuant to Section 11 hereof, at the time of distribution of the shares Rights Certificates, the Company shall make necessary and appropriate rounding adjustments (in accordance with Section 14(a) hereof) so that Rights Certificates representing only whole numbers of Rights are distributed and cash is paid in lieu of any fractional Rights. As of and after the Distribution Date, the Rights shall be equal only to the number of shares which would have been issuable prior to the adjustmentevidenced solely by such Rights Certificates.
Appears in 1 contract
Issue of Rights Certificates. (a) Until the Separation Date, Distribution Date (x) the Rights will be evidenced (subject to the provisions of paragraph (b) of this Section 3) by the certificates for the Common Shares Stock registered in the names of the holders of the Common Shares Stock (which certificates for Common Shares Stock shall be deemed also to be certificates for Rights) and not by separate certificates, and (y) the Rights will be transferable only in connection with the transfer of the underlying shares of Common Shares Stock (including a transfer to the Company). As soon as practicable after the Separation Distribution Date, the Rights Agent will send by first-class, insured, postage prepaid mail, to each record holder of the Common Shares Stock as of the Close close of Business business on the Separation Distribution Date, at the address of such holder shown on the records of the Company, a Rights certificateone or more right certificates, in substantially the form of Exhibit A hereto (the "Rights Certificates"), evidencing one Right for each share of Common Share Stock so held, subject to 6 adjustment as provided herein. In the event that an adjustment in the number of Rights per share of Common Stock has been made pursuant to Section 11(p) hereof, at the time of distribution of the Rights Certificates, the Company shall make the necessary and appropriate rounding adjustments (in accordance with Section 14(a) hereof) so that Rights Certificates representing only whole numbers of Rights are distributed and cash is paid in lieu of any fractional Rights. As of and after the Separation Distribution Date, the Rights will be evidenced solely by such Rights Certificates.
(b) As promptly as practicable following the Record Date, the Company will send a copy Rights shall be issued in respect of a Summary of Rights, in substantially the form attached hereto as Exhibit B (the "Summary of Rights"), by first-class, postage prepaid mail to each record holder all shares of Common Shares as of the Close of Business on the Record Date, at the address of such holder shown on the records of the Company.
(c) Certificates for the Common Shares Stock which are issued (including reissuance of treasury shares) after the Record Date but prior to the earlier of the Separation Distribution Date or the Expiration Date (as hereinafter defined) Date. Certificates representing such shares of Common Stock shall also be deemed also to be certificates for Rights (and Rights shall be issued in respect thereof)Rights, and shall bear the following legend: "This certificate also evidences and entitles the holder hereof to certain Rights as set forth in the Rights Agreement between Coachmen Industries, Inc. ALLTEL Corporation (the "Company") and First Chicago Trust Company of New York, dated as of January 5, 2000 and effective January 12, 2000 the Rights Agent (the "Rights Agreement"), the terms of which are hereby incorporated herein by reference and a copy of which is on file at the principal offices of the CompanyCompany and available for inspection by the holder of this certificate. Under certain circumstances, as set forth in the Rights Agreement, such Rights will be evidenced by separate certificates and will no longer be evidenced by this certificate. The Company will mail to the holder of this certificate a copy of the Rights Agreement Agreement, as in effect on the date of mailing, without charge promptly within five days after receipt of a written request therefor. Under certain circumstancescircumstances set forth in the Rights Agreement, Rights beneficially owned by issued to, or held by, any Person who is, was or becomes an Acquiring Persons Person or any Affiliates Affiliate or Associates Associate thereof (as such terms are defined in the Rights Agreement) and ), whether currently held by or on behalf of such Person or by any subsequent holder of such Rights holder, may become null and void."
. With respect to such certificates containing the foregoing legend and certificates containing the legend specified in the 1989 Agreement and with respect to previously issued certificates that contain no comparable legend, until the earlier of (di) Subject to Section 13(h), after the Separation Distribution Date but prior to or (ii) the Expiration Date, the Rights shall only be issued in connection associated with the issuance Common Stock represented by such certificates shall be evidenced by such certificates alone and the registered holders of Common Shares upon Stock shall also be the exercise registered holders of stock options granted prior to the Separation Date or upon associated Rights, and the exercise, conversion or exchange of securities issued by the Company prior to the Separation Date; provided, however, that if, pursuant to the terms transfer of any option, or exercise, conversion or exchange of securities, such certificates shall also constitute the number of shares issuable thereunder is adjusted after the Separation Date, the number of Rights issuable upon issuance 7 transfer of the shares shall be equal only to Rights associated with the number of shares which would have been issuable prior to the adjustmentCommon Stock represented by such certificates.
Appears in 1 contract
Sources: Rights Agreement (Alltel Corp)
Issue of Rights Certificates. (a) Until the Separation Date, (x) the Rights will be evidenced by the certificates for the Common Shares registered in the names of the holders of the Common Shares (which certificates for Common Shares shall be deemed also to be certificates for Rights) and not by separate certificates, and (y) the Rights will be transferable only in connection with the transfer of the underlying Common Shares (including a transfer to the Company). As soon as practicable after the Separation Date, the Rights Agent will send by first-class, insured, postage prepaid mail, to each record holder of the Common Shares as of the Close of Business on the Separation Date, at the address of such holder shown on the records of the Company, a Rights certificate, in substantially the form of Exhibit A hereto (the "Rights Certificates"), evidencing one Right for each Common Share so held. As of and after the Separation Date, the Rights will be evidenced solely by such Rights Certificates.
(b) As promptly as practicable following the Record Date, the Company will send or deliver a copy of a Summary of RightsRights to Purchase Preferred Stock, in substantially the form attached hereto as Exhibit B (the "Summary of Rights")B, by first-class, postage prepaid mail to each record holder of Common Shares Eligible Stock as of the Close of Business on the Record Date, Date at the address of such holder shown on the records of the Company. With respect to certificates for shares of Eligible Stock outstanding as of the Record Date, until the earlier of the Distribution Date or the Expiration Date, the Rights will be evidenced by such certificates for the Eligible Stock and the registered holders of the Eligible Stock shall also be the registered holders of the associated Rights. Until the earlier of the Distribution Date or the Expiration Date, the transfer of any certificate representing shares of Eligible Stock in respect of which Rights have been issued shall also constitute the transfer of the Rights associated with the shares of Eligible Stock represented thereby.
(cb) Certificates for Rights shall be issued in respect of all shares of Eligible Stock outstanding at the Common Shares Close of Business on the Record Date and those issued (including reissuance of treasury shareswhether originally issued or from the Company's treasury) after the Record Date but prior to the earlier of the Separation Distribution Date or the Expiration Date. Rights shall also be issued to the extent provided in Section 22 in respect of all shares of Eligible Stock which are issued (whether originally issued or from the Company's treasury) after the Distribution Date (as hereinafter defined) and prior to the Expiration Date. Certificates representing such shares of Eligible Stock shall also be deemed also to be certificates for Rights (and Rights shall be issued in respect thereof)Rights, and shall bear the following legend: "legend (in addition to any other legends that may be required): This certificate also evidences and entitles the holder hereof to certain Rights as set forth in the a Rights Agreement between Coachmen IndustriesRegent Communications, Inc. (the "Company") and First Chicago Trust Company of New York, Fifth Third Bank (the "Rights Agent") dated as of January 5May 19, 2000 and effective January 122003, 2000 as the same may be amended from time to time (the "Rights Agreement"), the terms of which are hereby incorporated herein by reference and a copy of which is on file at the principal executive offices of the Company. Under certain circumstances, as set forth in the Rights Agreement, such Rights will be evidenced by separate certificates and will no longer be evidenced by this certificate. The Company will mail to the holder of this certificate a copy of the Rights Agreement as in effect on the date of mailing without charge promptly after receipt of a written request therefor. Under certain circumstancescircumstances set forth in the Rights Agreement, Rights beneficially owned by issued to, or held by, any Person who is, was or becomes an Acquiring Persons Person or any Affiliates Affiliate or Associates Associate thereof (as such terms are defined in the Rights Agreement) and ), whether currently held by or on behalf of such Person or by any subsequent holder of such Rights holder, may become null and void. With respect to such certificates containing the foregoing legend, until the earlier of (i) the Distribution Date or (ii) the Expiration Date, the Rights associated with the Eligible Stock represented by such certificates shall be evidenced by such certificates alone and registered holders of Eligible Stock shall also be the registered holders of the associated Rights, and the transfer of any such certificate shall also constitute the transfer of the Rights associated with the Eligible Stock represented thereby. Notwithstanding this Section 3, the omission of a legend shall not affect enforceability of any part of this Agreement or the rights of any holder of the Rights."
(c) Until the earlier of the Distribution Date or the Expiration Date (i) the Rights will be evidenced (subject to the provisions of paragraph (a) of this Section 3) by the certificates for Eligible Stock registered in the names of the holders thereof (which certificates for Eligible Stock shall also be deemed to be Rights Certificates) and not by separate Rights Certificates, and (ii) the Rights will be transferable only in connection with the transfer of the underlying shares of Eligible Stock (including a transfer to the Company). The Company shall give the Rights Agent prompt written notice of the Distribution Date.
(d) Subject As soon as practicable after the Distribution Date and receipt of written notice of the Distribution Date from the Company, the Rights Agent upon notification thereof will, at the Company's expense, send by first-class, insured, postage prepaid mail, to Section 13(heach record holder of Eligible Stock as of the Close of Business on the Distribution Date, at the address of such holder shown on the records of the Company, a rights certificate, in substantially the form of Exhibit C hereto (the "Rights Certificate"), after the Separation Date but prior to the Expiration Date, Rights shall only be issued in connection with the issuance evidencing one Right for each share of Common Shares upon Stock so held, subject to adjustment as provided herein. In the exercise of stock options granted prior to the Separation Date or upon the exercise, conversion or exchange of securities issued by the Company prior to the Separation Date; provided, however, event that if, pursuant to the terms of any option, or exercise, conversion or exchange of securities, the number of shares issuable thereunder is adjusted after the Separation Date, an adjustment in the number of Rights issuable upon issuance per share of Eligible Stock has been made pursuant to Section 11 hereof, at the time of distribution of the shares Rights Certificates, the Company shall make necessary and appropriate rounding adjustments (in accordance with Section 14(a) hereof) so that Rights Certificates representing only whole numbers of Rights are distributed and cash is paid in lieu of any fractional Rights. As of and after the Distribution Date, the Rights will be equal only to the number of shares which would have been issuable prior to the adjustmentevidenced solely by such Rights Certificates.
Appears in 1 contract
Issue of Rights Certificates. (a) Until On the Separation Record Date, (x) the Rights will be evidenced by the certificates for the Common Shares registered in the names of the holders of the Common Shares (which certificates for Common Shares shall be deemed also to be certificates for Rights) and not by separate certificates, and (y) the Rights will be transferable only in connection with the transfer of the underlying Common Shares (including a transfer to the Company). As or as soon as practicable after thereafter, the Separation DateCompany will send (directly or, at the expense of the Company, through the Rights Agent will send or its transfer agent if the Rights Agent or transfer agent is directed by first-classthe Company and provided with all necessary information and documents) a copy of a Summary of Rights to Purchase Preferred Stock, insured, postage prepaid mailin substantially the form attached hereto as Exhibit B and which may be appended to certificates that represent shares of Common Stock (the “Summary of Rights”), to each record holder of the Common Shares Stock as of the Close of Business on the Separation DateRecord Date (other than any Acquiring Person or any Associate or Affiliate of any Acquiring Person), at the address of such holder shown on the records of the CompanyCompany or transfer agent or register for Common Stock. With respect to certificates representing shares of Common Stock (or Book Entry shares of Common Stock) outstanding as of the Record Date, a Rights certificate, in substantially until the form of Exhibit A hereto (the "Rights Certificates"), evidencing one Right for each Common Share so held. As of and after the Separation Distribution Date, the Rights will shall be evidenced solely by such shares of Common Stock registered in the names of the holders thereof together with the Summary of Rights, and not by separate Rights Certificates. With respect to Book Entry shares of Common Stock outstanding as of the Record Date, until the Distribution Date, the Rights shall be evidenced by the balances indicated in the Book Entry account system of the transfer agent for the Common Stock together with the Summary of Rights. Until the earlier of the Distribution Date and the Expiration Date, the transfer of any shares of Common Stock outstanding on the Record Date (whether represented by certificates or evidenced by the balances indicated in the Book Entry account system of the transfer agent for the Common Stock, and, in either case, regardless of whether a copy of the Summary of Rights is submitted with the surrender or request for transfer), shall also constitute the transfer of the Rights associated with such shares of Common Stock.
(b) As promptly as practicable following the Record DateRights shall be issued, the Company will send a copy of a Summary of Rightswithout any further action, in substantially the form attached hereto as Exhibit B (the "Summary respect of Rights"), by first-class, postage prepaid mail to each record holder all shares of Common Shares as of the Close of Business on the Record Date, at the address of such holder shown on the records of Stock that become outstanding (whether originally issued or delivered from the Company.
(c) Certificates for the Common Shares issued (including reissuance of treasury shares’s treasury) after the Record Date but prior to the earlier of the Separation Distribution Date or and the Expiration Date (as hereinafter defined) shall be deemed Date; provided, however, that Rights also to be certificates for Rights (and Rights shall be issued to the extent provided in respect thereof)Section 21 hereof. Confirmation and account statements sent to holders of Common Stock for Book Entry form or, and in the case of certificated shares, certificates, representing such shares of Common Stock, issued after the Record Date shall bear a legend substantially in the following legendform: "“[This certificate certificate] [These shares] also evidences evidence[s] and entitles entitle[s] the holder hereof to certain Rights as set forth in the a Rights Agreement between Coachmen IndustriesCapstone Turbine Corporation, Inc. a Delaware corporation (the "“Company"”), and Computershare Inc. or any successor Rights Agent (the “Rights Agent”) and First Chicago Trust Company of New York, dated as of January 5May 6, 2000 and effective January 122016, 2000 as the same may be amended or supplemented from time to time (the "“Rights Agreement"”), the terms of which are hereby incorporated herein by reference and a copy of which is on file at the principal executive offices of the Company. Under certain circumstances, as set forth in the Rights Agreement, such Rights will shall be evidenced by separate certificates and will no longer be evidenced by [this certificate] [these shares]. The Company will mail to the holder of [this certificate certificate] [these shares] a copy of the Rights Agreement as in effect on the date of mailing without charge promptly after receipt of a written request therefor. Under certain circumstances, as set forth in the Rights beneficially owned Agreement, Rights that are Beneficially Owned by any Person who is, was or becomes an Acquiring Persons Person or any Affiliates or Associates Related Person thereof (as such capitalized terms are defined in the Rights Agreement) and any subsequent holder ), or specified transferees of such Rights Acquiring Person (or Related Person thereof) may become null and voidvoid and will no longer be transferable."
” With respect to all certificates representing shares of Common Stock containing the foregoing legend, until the earliest of the Distribution Date and the Expiration Date, the Rights associated with the Common Stock represented by such certificates shall be evidenced by such certificates alone and registered holders of Common Stock shall also be the registered holders of the associated Rights, and the transfer of any such certificate shall also constitute the transfer of the Rights associated with the shares of Common Stock represented by such certificates. With respect to Common Stock in Book Entry form for which there has been sent a confirmation or account statement containing the foregoing legend, until the earliest of the Distribution Date and the Expiration Date, the Rights associated with the Common Stock shall be evidenced by such Common Stock alone and registered holders of Common Stock shall also be the registered holders of the associated Rights, and the transfer of any such Common Stock shall also constitute the transfer of the Rights associated with such shares of Common Stock. Notwithstanding this paragraph (d) Subject to Section 13(hb), the omission of the legend or the failure to send, deliver or provide the registered owner of shares of Common Stock a copy of the Summary of Rights shall not affect the enforceability of any part of this Agreement or the rights of any holder of the Rights. In the event that the Company purchases or otherwise acquires any shares of Common Stock after the Separation Record Date but prior to the Expiration Distribution Date, any Rights associated with such shares of Common Stock shall be cancelled and retired so that the Company is not entitled to exercise any Rights associated with the shares of Common Stock that are no longer outstanding.
(c) Until the Distribution Date, the Rights shall be transferable only be issued in connection with the issuance transfer of the underlying shares of Common Shares Stock (including a transfer to the Company).
(d) As soon as practicable after the Distribution Date, the Company will prepare and execute, and upon the exercise written request of stock options granted prior the Company, the Rights Agent will countersign and the Company will send or cause to be sent (and the Separation Date or upon the exerciseRights Agent will, conversion or exchange of securities issued if so requested by the Company prior in writing and provided with all necessary and relevant information and documents will, at the expense of the Company, send) by first-class, insured, postage-prepaid mail, to the Separation Date; provided, however, that if, pursuant to the terms of any option, or exercise, conversion or exchange of securities, the number each record holder of shares issuable thereunder is adjusted after of Common Stock as of the Separation DateClose of Business on the Distribution Date (other than any Acquiring Person or any Related Person of an Acquiring Person), at the address of such holder shown on the records of the Company, one or more rights certificates, in substantially the form of Exhibit C hereto (the “Rights Certificate”), evidencing one Right for each share of Common Stock so held, subject to adjustment as provided herein. In the event that an adjustment in the number of Rights issuable upon issuance per share of Common Stock has been made pursuant to Section 11 hereof, at the time of distribution of the shares Rights Certificates, the Company shall make the necessary and appropriate rounding adjustments (in accordance with Section 14(a) hereof) so that Rights Certificates representing only whole numbers of Rights are distributed and cash is paid in lieu of any fractional Rights. As of and after the Distribution Date, the Rights shall be equal only to evidenced solely by such Rights Certificates, and the number Rights Certificates and the Rights shall be transferable separately from the transfer of shares which would have been issuable Common Stock. The Company shall promptly notify the Rights Agent in writing upon the occurrence of the Distribution Date and, if such notification is given orally, the Company shall confirm the same in writing on or prior to the adjustmentBusiness Day next following. Until such written notice is received by the Rights Agent, the Rights Agent may presume conclusively for all purposes that the Distribution Date has not occurred.
Appears in 1 contract
Issue of Rights Certificates. (a) Until On the Separation Record Date, (x) the Rights will be evidenced by the certificates for the Common Shares registered in the names of the holders of the Common Shares (which certificates for Common Shares shall be deemed also to be certificates for Rights) and not by separate certificates, and (y) the Rights will be transferable only in connection with the transfer of the underlying Common Shares (including a transfer to the Company). As or as soon as practicable after thereafter, the Separation DateCompany shall make available (directly or, at the expense of the Company, through the Rights Agent will send or its transfer agent if the Rights Agent or transfer agent is directed by first-classthe Company and provided with all necessary information and documents) a copy of a Summary of Rights to Purchase Preferred Stock, insured, postage prepaid mailin substantially the form attached hereto as Exhibit B and which may be appended to certificates that represent shares of Capital Stock (the “Summary of Rights”), to each record holder of the Common Shares Capital Stock as of the Close of Business on the Separation DateRecord Date (other than any Acquiring Person or any Related Person of any Acquiring Person), at the address of such holder shown on the records of the CompanyCompany or transfer agent or register for the Capital Stock. With respect to certificates representing shares of Capital Stock (or Book Entry shares of Capital Stock) outstanding as of the Record Date, a Rights certificate, in substantially until the form of Exhibit A hereto (the "Rights Certificates"), evidencing one Right for each Common Share so held. As of and after the Separation Distribution Date, the Rights will shall be evidenced solely by such shares of Capital Stock registered in the names of the holders thereof together with the Summary of Rights, and not by separate Rights Certificates. With respect to Book Entry shares of Capital Stock outstanding as of the Record Date, until the Distribution Date, the Rights shall be evidenced by the balances indicated in the Book Entry account system of the transfer agent for the Capital Stock or, if there is no transfer agent for any Capital Stock, on the registry books of the Company for such Capital Stock, together with the Summary of Rights. Until the earlier of the Distribution Date and the Expiration Date, the transfer of any shares of Capital Stock outstanding on the Record Date (whether represented by certificates or evidenced by the balances indicated in the Book Entry account system of the transfer agent or on the registry books of the Company for the Capital Stock, and, in either case, regardless of whether a copy of the Summary of Rights is submitted with the surrender or request for transfer), shall also constitute the transfer of the Rights associated with such shares of Capital Stock.
(b) As promptly as practicable following the Record DateRights shall be issued, the Company will send a copy of a Summary of Rightswithout any further action, in substantially the form attached hereto as Exhibit B respect of all shares of Capital Stock that become outstanding (the "Summary of Rights"), by first-class, postage prepaid mail to each record holder of Common Shares as of the Close of Business on the Record Date, at the address of such holder shown on the records of whether originally issued or delivered from the Company.
(c) Certificates for the Common Shares issued (including reissuance of treasury shares’s treasury) after the Record Date but prior to the earlier of the Separation Distribution Date or and the Expiration Date (as hereinafter defined) shall be deemed Date; provided, however, that Rights also to be certificates for Rights (and Rights shall be issued to the extent provided in respect thereof)Section 22 hereof. Confirmation and account statements sent to holders of Capital Stock for Book Entry form or, and in the case of certificated shares, certificates, representing such shares of Capital Stock, issued after the Record Date shall bear a legend substantially in the following legendform: "“[This certificate certificate] [These shares] also evidences evidence[s] and entitles entitle[s] the holder hereof to certain Rights as set forth in the a Rights Agreement between Coachmen IndustriesTheMaven, Inc. Inc., a Delaware corporation (the "“Company"”), and American Stock Transfer & Trust Company, LLC or any successor Rights Agent (the “Rights Agent”) and First Chicago Trust Company of New York, dated as of January 5May 4, 2000 and effective January 122021, 2000 as the same may be amended or supplemented from time to time (the "“Rights Agreement"”), the terms of which are hereby incorporated herein by reference and a copy of which is on file at the principal executive offices of the Company. Under certain circumstances, as set forth in the Rights Agreement, such Rights will shall be evidenced by separate certificates and will shall no longer be evidenced by [this certificate] [these shares]. The Company will shall mail to the holder of [this certificate certificate] [these shares] a copy of the Rights Agreement as in effect on the date of mailing without charge promptly after receipt of a written request therefor. Under certain circumstances, as set forth in the Rights beneficially owned Agreement, Rights that are Beneficially Owned by any Person who is, was or becomes an Acquiring Persons Person or any Affiliates or Associates Related Person thereof (as such capitalized terms are defined in the Rights Agreement) and any subsequent holder ), or specified transferees of such Rights may Acquiring Person (or Related Person thereof) shall become null and voidvoid and shall no longer be transferable."
” With respect to all certificates representing shares of Capital Stock containing the foregoing legend in substantially similar form, until the earlier of the Distribution Date and the Expiration Date, the Rights associated with the Capital Stock represented by such certificates shall be evidenced by such certificates alone and registered holders of Capital Stock shall also be the registered holders of the associated Rights, and the transfer of any such certificate shall also constitute the transfer of the Rights associated with the shares of Capital Stock represented by such certificates. With respect to Capital Stock in Book Entry form for which there has been sent a confirmation or account statement containing the foregoing legend in substantially similar form, until the earlier of the Distribution Date and the Expiration Date, the Rights associated with the Capital Stock shall be evidenced by such Capital Stock alone and registered holders of Capital Stock shall also be the registered holders of the associated Rights, and the transfer of any such Capital Stock shall also constitute the transfer of the Rights associated with such shares of Capital Stock. Notwithstanding this paragraph (d) Subject to Section 13(hb), the omission of the legend or the failure to send, deliver or provide the registered owner of shares of Capital Stock a copy of the Summary of Rights shall not affect the enforceability of any part of this Agreement or the rights of any holder of the Rights. In the event that the Company purchases or otherwise acquires any shares of Capital Stock after the Separation Record Date but prior to the Expiration Distribution Date, any Rights associated with such shares of Capital Stock shall be cancelled and retired so that the Company is not entitled to exercise any Rights associated with the shares of Capital Stock that are no longer outstanding.
(c) Until the Distribution Date, the Rights shall be transferable only be issued in connection with the issuance transfer of Common Shares upon the exercise underlying shares of stock options granted prior Capital Stock (including a transfer to the Separation Date or upon Company).
(d) As soon as practicable after the exerciseDistribution Date, conversion or exchange of securities issued by the Company prior shall prepare and execute, and the Rights Agent shall countersign and the Company shall send or cause to be sent (and the Separation Date; providedRights Agent shall, howeverif so requested and provided with all necessary information and documents, that ifat the expense of the Company, pursuant send) by first-class, insured, postage-prepaid mail, to the terms of any option, or exercise, conversion or exchange of securities, the number each record holder of shares issuable thereunder is adjusted after of Capital Stock as of the Separation DateClose of Business on the Distribution Date (other than any Acquiring Person or any Related Person of an Acquiring Person), at the address of such holder shown on the records of the Company, one or more rights certificates, in substantially the form of Exhibit C hereto (the “Rights Certificate”), evidencing one Right for each share of Capital Stock so held, subject to adjustment as provided herein. In the event that an adjustment in the number of Rights issuable upon issuance per share of Capital Stock has been made pursuant to Section 11 hereof, at the time of distribution of the shares Rights Certificates, the Company may make the necessary and appropriate adjustments (in accordance with Section 14(a) hereof) so that Rights Certificates representing only whole numbers of Rights are distributed and, if such adjustments are made, the Company may pay cash in lieu of any fractional Rights (in accordance with Section 14(a) hereof). As of and after the Distribution Date, the Rights shall be equal only to evidenced solely by such Rights Certificates, and the number Rights Certificates and the Rights shall be transferable separately from the transfer of shares which would have been issuable Capital Stock. The Company shall promptly notify the Rights Agent in writing upon the occurrence of the Distribution Date and, if such notification is given orally, the Company shall confirm the same in writing on or prior to the adjustmentBusiness Day next following. Until such written notice is received by the Rights Agent, the Rights Agent may presume conclusively for all purposes that the Distribution Date has not occurred.
Appears in 1 contract
Sources: Rights Agreement (theMaven, Inc.)
Issue of Rights Certificates. (a) Until the Separation Distribution Date, (xi) the Rights will be evidenced (subject to the provisions of Section 3(b) hereof) by the certificates for the representing shares of Common Shares Stock registered in the names of the holders of the Common Shares Stock (which certificates for Common Shares shall be deemed also to be certificates for the associated Rights) and not by separate rights certificates, and (yii) the Rights will be transferable only in connection with the transfer of the underlying associated shares of Common Shares (including a transfer to the Company)Stock. As soon as practicable after the Separation Distribution Date, the Rights Agent will send by first-class, insured, postage prepaid mail, to each record holder of the Common Shares Stock as of the Close of Business on the Separation Distribution Date, at the address of such holder shown on the stock transfer records of the Company, a Rights certificateone or more rights certificates, in substantially the form of Exhibit A B hereto (the "Rights Certificates"), evidencing one Right for each Common Share so heldin the aggregate that number of Rights to which such holder is entitled in accordance with the provisions of this Agreement. As of and after the Separation Distribution Date, the Rights will be evidenced solely by such Rights Certificates. The Rights are exercisable only in accordance with the provisions of Section 7 hereof and are redeemable only in accordance with Section 23 hereof.
(b) As promptly soon as practicable following after the Dividend Record Date, the Company will send cause a copy of a Summary of Rights, in substantially the form attached hereto as Exhibit B C (the "Summary of Rights"), to be sent by first-class, postage prepaid mail mail, to each record holder of the Common Shares Stock as of the Close of Business on the Dividend Record Date, at the address of such holder shown on the stock transfer records of the Company. With respect to certificates for the Common Stock outstanding as of the Dividend Record Date, until the Distribution Date, the Rights associated with the shares of Common Stock represented by such certificates will be evidenced by such certificates for the Common Stock and the registered holders of the Common Stock shall also be the registered holders of the associated Rights. Until the Distribution Date (or the earlier redemption, expiration or termination of the Rights), the surrender for transfer of any of the certificates representing shares of the Common Stock outstanding on the Dividend Record Date, with or without a copy of the Summary of Rights, shall also constitute the transfer of the Rights associated with the Common Stock represented by such certificate.
(c) Certificates for the Rights shall be issued in respect of all shares of Common Shares Stock issued (including reissuance of treasury shareswhether originally issued or delivered from the Company's treasury) after the Dividend Record Date but prior to the earlier earliest of (i) the Distribution Date, (ii) the Expiration Date, or (iii) the redemption of the Separation Date Rights. Certificates representing such shares of Common Stock and certificates issued on transfer of such shares of Common Stock, with or without a copy of the Expiration Summary of Rights, prior to the Distribution Date (as hereinafter definedor earlier expiration or redemption of the Rights) shall be deemed also to be certificates for Rights (and Rights shall be issued in respect thereof)the associated Rights, and commencing as soon as reasonably practicable following the Dividend Record Date shall bear the following legend: "legend (or a legend substantially in the form thereof): This certificate also evidences and entitles the holder hereof to certain Rights as set forth in the a Rights Agreement between Coachmen Industriesthe issuer and Continental Stock Transfer & Trust Company, Inc. as Rights Agent (the "CompanyRights Agent") and First Chicago Trust Company of New York), dated as of January 5September 11, 2000 and effective January 12, 2000 2001 (the "Rights Agreement"), the terms of which are hereby incorporated herein by reference and a copy of which is on file at the principal offices of both the Companyissuer and the Rights Agent. The Company will mail to the registered holder of this certificate a copy of the Rights Agreement, as in effect on the date of mailing, without charge upon written request. Under certain circumstances, as circumstances set forth in the Rights Agreement, such Rights will be evidenced by separate certificates and will no longer be evidenced by this certificate. The Company will mail to the holder of this certificate a copy of Under certain circumstances set forth in the Rights Agreement without charge promptly after receipt of a written request therefor. Under certain circumstancesAgreement, Rights beneficially owned issued to, or held by any Person who is, was or becomes, or acquires shares from, an Acquiring Persons Person or any Affiliates or Associates thereof Affiliate of an Acquiring Person (as each such term is defined in the Rights Agreement) Agreement and any subsequent holder generally relating to the ownership or purchase of large shareholdings), whether currently held by or on behalf of such Rights Person or Affiliate or by certain subsequent holders, may become null and void."
(d) Subject to Section 13(h). Until the Distribution Date or the earlier redemption, after expiration or termination of the Separation Date but prior to Rights, the Expiration Date, Rights shall only be issued in connection associated with the issuance Common Stock shall be evidenced by the Common Stock certificates alone and the registered holders of Common Shares upon Stock shall also be the exercise registered holders of stock options granted prior to the Separation Date or upon associated Rights, and the exercise, conversion or exchange of securities issued by the Company prior to the Separation Date; provided, however, that if, pursuant to the terms surrender for transfer of any option, or exercise, conversion or exchange of securities, such certificates shall also constitute the number of shares issuable thereunder is adjusted after the Separation Date, the number of Rights issuable upon issuance transfer of the shares shall be equal only to Rights associated with the number of shares which would have been issuable prior to the adjustmentCommon Stock represented by such certificate.
Appears in 1 contract
Issue of Rights Certificates. (a) Subject to adjustment as herein set forth, each Right will entitle the holder thereof, from and after the Distribution Date and prior to the earliest of the Redemption Date, the Early Expiration Date and the Final Expiration Date, to purchase, for the Purchase Price as at the Business Day immediately preceding the date of exercise of the Right, one Common Share (which Purchase Price and number of Common Shares are subject to adjustment as set forth in this Agreement). Until the Separation Close of Business on Distribution Date, (xi) the Rights will be evidenced (subject to the provisions of Section 3(b)) by the certificates for the Common Shares registered in the names of the holders of the Common Shares thereof (which such certificates for Common Shares shall will also be deemed also to be certificates for RightsRights Certificates) and not by separate certificatesRights Certificates, and (yii) the right to receive Rights Certificates will be transferable only in connection with the transfer of the underlying Common Shares (including a transfer to the Company)Shares. As soon as practicable after the Separation Distribution Date, the Corporation will prepare and execute, the Rights Agent will countersign, and the Corporation will send or cause to be sent (and the Rights Agent will, if requested, send) by first-class, insured, postage postage-prepaid mail, to each record holder of the record of Common Shares as of the Close of Business on the Separation Distribution Date, at the address of such holder shown on the records of the CompanyCorporation, a Rights certificateCertificate, in substantially the form of Exhibit A hereto (the a "Rights CertificatesCertificate"), evidencing one Right for each Common Share so heldheld (other than with respect to Rights that have become void pursuant to Section 11(a)(ii) or that have been exchanged pursuant to Section 25). As of and after the Separation Distribution Date, the Rights will be evidenced solely by such Rights Certificates.
(b) As promptly soon as practicable following the Record DateTime, the Company will Corporation will, at its option, either send (by first-class, postage-prepaid mail at the address shown on the records of the Corporation) or make otherwise available to each holder of record of Common Shares at the Record Time, a copy of a Summary of RightsRights to Purchase Shares, in substantially the form attached hereto as of Exhibit B hereto (the "Summary of Rights"), by first-class, postage prepaid mail . With respect to each record holder of certificates for Common Shares outstanding as of the Close Record Time until the Distribution Date, the Rights will be evidenced by such certificates. Until the Distribution Date (or the earliest of Business the Redemption Date, the Early Expiration Date or the Final Expiration Date), the surrender for transfer of any certificate for Common Shares outstanding on the Record Date, at the address of such holder shown on the records with or without a copy of the CompanySummary of Rights attached thereto, will also constitute the transfer of the Rights associated with the Common Shares represented by such certificates.
(c) Certificates for the Common Shares issued (including reissuance of treasury shares) that become outstanding after the Record Date but prior to the earlier earliest of the Separation Distribution Date, the Redemption Date, the Early Expiration Date or the Final Expiration Date (as hereinafter defined) shall be deemed also have impressed on, printed on, written on or otherwise affixed to be certificates for Rights (and Rights shall be issued them a legend in respect thereof), and shall bear substantially the following legendform: "This certificate also evidences and entitles the holder hereof to certain Rights rights as set forth in the Rights a Tax Benefit Preservation Plan Agreement between Coachmen Industries, Kingsway Financial Services Inc. (the "Company") and First Chicago Trust Company of New YorkComputershare Investor Services Inc., dated as of January 5September 28, 2000 and effective January 122010, 2000 as it may be amended from time to time (the "Rights Tax Benefit Preservation Plan Agreement"), the terms of which are hereby incorporated herein by reference and a copy of which is on file at the principal executive offices of the CompanyCorporation and may be inspected during normal business hours. The Tax Benefit Preservation Plan Agreement is also available for viewing at ▇▇▇.▇▇▇▇▇.▇▇▇. Under certain circumstances, as set forth in the Rights Tax Benefit Preservation Plan Agreement, such Rights will (as defined in the Tax Benefit Preservation Plan Agreement) may be redeemed, may be terminated, may expire or become void or may be evidenced by separate certificates and will no longer be evidenced by this certificate. The Company Corporation will mail to the holder of this certificate a copy of the Rights Tax Benefit Preservation Plan Agreement without charge promptly after receipt of a upon written request thereforrequest. Under certain circumstancesAs set forth in the Tax Benefit Preservation Plan Agreement, Rights beneficially owned by Acquiring Persons or any Affiliates or Associates thereof Person (as defined in the Rights Tax Benefit Preservation Plan Agreement) and any subsequent holder who becomes an Acquiring Person or an Affiliate of such Rights may an Acquiring Person (each as defined in the Tax Benefit Preservation Plan Agreement) become null and void."
. With respect to certificates containing the foregoing legend, until the Distribution Date, the Rights associated with the Common Shares represented by such certificates shall be evidenced by such certificates alone, and the surrender for transfer of any such certificate (dprior to the earliest of the Distribution Date, the Redemption Date, the Early Expiration Date or the Final Expiration Date) Subject to Section 13(h), will also constitute the transfer of the Rights associated with the Common Shares represented by such certificates. In the event that the Corporation purchases or acquires any Common Shares after the Separation Record Date but prior to the Expiration Distribution Date, any Rights shall only be issued in connection associated with the issuance of such Common Shares upon will be deemed cancelled and retired so that the Corporation will not be entitled to exercise of stock options granted prior to the Separation Date or upon the exercise, conversion or exchange of securities issued by the Company prior to the Separation Date; provided, however, any Rights associated with Common Shares that if, pursuant to the terms of any option, or exercise, conversion or exchange of securities, the number of shares issuable thereunder is adjusted after the Separation Date, the number of Rights issuable upon issuance of the shares shall be equal only to the number of shares which would have been issuable prior to the adjustmentare no longer outstanding.
Appears in 1 contract
Issue of Rights Certificates. (a) Until the Separation Distribution Date, (x) the Rights will shall be evidenced (subject to the provisions of paragraphs (b) and (c) of this Section 3) by the certificates for the Common Shares Stock registered in the names of the holders of the Common Shares Stock (which certificates for Common Shares Stock shall be deemed also to be certificates for Rights) and not by separate certificates, and (y) the Rights will shall be transferable only in connection with the transfer of the underlying shares of Common Shares Stock (including a transfer to the Company). As soon as practicable after the Separation Distribution Date, the Rights Agent will shall send by first-class, insured, postage prepaid mail, to each such record holder of the Common Shares Stock (except for shares subject to the restriction on transfer provided for in Section 7(e)) as of the Close close of Business business on the Separation Distribution Date, at the address of such holder shown on the records of the Company, a Rights certificateone or more rights certificates, in substantially the form of Exhibit A hereto (the "Rights Certificates"), evidencing one Right for each share of Common Share Stock so held, subject to adjustment as provided herein. As of and after the Separation Distribution Date, the Rights will shall be evidenced solely by such Rights Certificates.
(b) As promptly as practicable following the Record Date, the Company will shall send a copy of a Summary of Rights, in substantially the form attached hereto as Exhibit B (the "Summary of Rights"), by first-class, postage prepaid mail mail, to each record holder of the Common Shares Stock as of the Close close of Business business on the Record Date, at the address of such holder shown on the records of the Company. With respect to certificates for the Common Stock outstanding as of the Record Date, until the Distribution Date, the Rights shall be evidenced by such certificates for the Common Stock and the registered holders of such Common Stock shall also be the registered holders of the associated Rights. Until the earlier of the Distribution Date or the Expiration Date (as such term is defined in Section 7 hereof), the transfer of any certificates representing shares of Common Stock in respect of which Rights have been issued shall also constitute the transfer of the Rights associated with such shares of Common Stock.
(c) Certificates for the Rights shall be issued in respect of all shares of Common Shares Stock that are (i) issued (including reissuance of treasury shares) after the Record Date but prior to the earlier of the Separation Distribution Date or the Expiration Date or (ii) issued following the Distribution Date but prior to the Expiration Date if such shares of Common Stock became outstanding (A) upon the exercise of a stock option, (B) pursuant to any employee plan or arrangement or (C) upon the conversion or exchange of a security which option, plan, arrangement or security was granted, established or issued, as hereinafter defined) the case may be, by the Company before the Distribution Date. Certificates representing such shares of Common Stock shall also be deemed also to be certificates for Rights (and Rights shall be issued in respect thereof)Rights, and shall bear the following legend: "This certificate also evidences and entitles the holder hereof to certain Rights as set forth in the Rights Agreement between Coachmen Bass▇▇▇ Furniture Industries, Inc. Incorporated (the "Company") ), and First Chicago Trust Company of New York, Union National Bank (the "Rights Agent") dated as of January 5June 23, 2000 and effective January 12, 2000 1998 (the "Rights Agreement"), the terms of which are hereby incorporated herein by reference and a copy of which is on file at the principal offices of the Company. Under certain circumstances, as set forth in the Rights Agreement, such Rights will be evidenced by separate certificates and will no longer be evidenced by this certificate. The Rights will expire at the close of business on June 23, 2008 unless exercised or redeemed prior thereto. The Company will mail to the holder of this certificate a copy of the Rights Agreement Agreement, as in effect on the date of mailing, without charge promptly after receipt of a written request therefor. Under certain circumstancescircumstances set forth in the Rights Agreement, Rights beneficially owned by issued to, or held by, any Person who is, was or becomes an Acquiring Persons Person or any Affiliates Affiliate or Associates Associate thereof (as such terms are defined in the Rights Agreement) and ), whether currently held by or on behalf of such Person or by any subsequent holder of such Rights holder, may become null and void."
. With respect to such certificates containing the foregoing legend, until the earlier of (di) Subject to Section 13(h), after the Separation Distribution Date but prior to or (ii) the Expiration Date, the Rights shall only be issued in connection associated with the issuance Common Stock represented by such certificates shall be evidenced by such certificates alone and registered holders of Common Shares upon Stock shall also be the exercise registered holders of stock options granted prior to the Separation Date or upon associated Rights, and the exercise, conversion or exchange of securities issued by the Company prior to the Separation Date; provided, however, that if, pursuant to the terms transfer of any option, or exercise, conversion or exchange of securities, such certificates shall also constitute the number of shares issuable thereunder is adjusted after the Separation Date, the number of Rights issuable upon issuance transfer of the shares shall be equal only to Rights associated with the number of shares which would have been issuable prior to the adjustmentCommon Stock represented by such certificates.
Appears in 1 contract
Sources: Rights Agreement (Bassett Furniture Industries Inc)
Issue of Rights Certificates. (a) Until the Separation Distribution Date, (xi) the Rights will be evidenced (subject to the provisions of 3(b) hereof) by the certificates for the Common Shares Stock registered in the names of the holders of the Common Shares Stock (which certificates for Common Shares Stock shall be deemed also to be certificates for Rights) and not by separate certificates, and (yii) the Rights will be transferable only in connection with the transfer of the underlying shares of Common Shares Stock (including a transfer to the Company). As soon as practicable after the Separation Distribution Date, the Rights Agent will send by first-class, insured, postage prepaid mail, to each record holder of the Common Shares Stock as of the Close close of Business business on the Separation Distribution Date, at the address of such holder shown on the records of the Company, a Rights certificate, in substantially the form of Exhibit A hereto (the "one or more Rights Certificates"), evidencing one Right for each share of Common Share Stock so held, subject to adjustment as provided herein. As of and after the Separation Distribution Date, the Rights will be evidenced solely by such Rights Certificates.
(b) As promptly as practicable following On the Record Date, or as soon as practicable thereafter, the Company will send a copy of a Summary of Rights, in substantially the form attached hereto as Exhibit B (the "Summary of Rights"), by first-class, postage postage-prepaid mail mail, to each record holder of shares of Common Shares Stock as of the Close close of Business on business of the Record Date, at the address of such holder shown on the records of the Company. With respect to certificates for Common Stock outstanding as of the Record Date, until the Distribution Date, the Rights will be evidenced by such certificates registered in the names of the holders thereof together with a copy of the Summary of Rights attached thereto. Until the Distribution Date (or the earlier of the Redemption Date or the Final Expiration Date), the surrender for transfer of any certificate for Common Stock outstanding on the Record Date, with or without a copy of the Summary of Rights attached thereto, shall also constitute the transfer of the Rights associated with such Common Stock.
(c) Certificates for the Rights shall be issued in respect of all shares of Common Shares Stock which are issued (including reissuance of treasury shares) after the Record Date but prior to the earlier of the Separation Distribution Date or the Expiration Date (as hereinafter defined) Date. Certificates representing such shares of Common Stock shall also be deemed also to be certificates for Rights (and Rights shall be issued in respect thereof)Rights, and shall bear the following legend: "This certificate also evidences and entitles the holder hereof to certain Rights as set forth in the Amended and Restated Rights Agreement between Coachmen IndustriesICU Medical, Inc. (the "Company") and First Chicago Trust Company of New YorkMellon Investor Services, dated L.L.C., as of January 5, 2000 and effective January 12, 2000 Rights Agent (the "Rights Agreement"), the terms of which are hereby incorporated herein by reference and a copy of which is on file at the principal offices of the Company. ICU Medical, Inc. Under certain circumstances, as set forth in the Rights Agreement, such Rights will be evidenced by separate certificates and will no longer be evidenced by this certificate. The Company ICU Medical, Inc. will mail to the holder of this certificate a copy of the Rights Agreement Agreement, as in effect on the date of mailing, without charge promptly after receipt of a written request therefor. Under certain circumstancescircumstances set forth in the Rights Agreement, Rights beneficially owned by issued to, or held by, any Person who is, was or becomes an Acquiring Persons Person or any Affiliates Affiliate or Associates Associate thereof (as such terms are defined in the Rights Agreement) and ), whether currently held by or on behalf of such Person or by any subsequent holder of such Rights holder, may become null and void."
(d) Subject to Section 13(h), . If the Company purchases or acquires any Common Stock after the Separation Record Date but prior before the Distribution Date, any Rights associated with that Common Stock shall be deemed canceled so that the Company shall not be entitled to exercise any Rights associated with the Common Stock which are no longer outstanding. With respect to such certificates containing the foregoing legend, until the earlier of (i) the Distribution Date or (ii) the Expiration Date, the Rights shall only be issued in connection associated with the issuance Common Stock represented by such certificates shall be evidenced by such certificates alone and registered holders of Common Shares upon Stock shall also be the exercise registered holders of stock options granted prior to the Separation Date or upon associated Rights, and the exercise, conversion or exchange of securities issued by the Company prior to the Separation Date; provided, however, that if, pursuant to the terms transfer of any option, or exercise, conversion or exchange of securities, such certificates shall also constitute the number of shares issuable thereunder is adjusted after the Separation Date, the number of Rights issuable upon issuance transfer of the shares shall be equal only to Rights associated with the number of shares which would have been issuable prior to the adjustmentCommon Stock represented by such certificates.
Appears in 1 contract
Issue of Rights Certificates. (a) Until the Separation Date, (xi) the Rights will be evidenced by the certificates for the Common Shares Stock registered in the names of the holders of the Common Shares Stock (which certificates for Common Shares Stock shall be deemed also to be certificates for Rights) and not by separate certificates, and (yii) the Rights will be transferable only in connection with the transfer of the underlying shares of Common Shares Stock (including a transfer to the Company). .
(b) As soon as practicable after the Separation Date, the Company will prepare and execute, and the Rights Agent will countersign and, at the expense of the Company, send by first-class, insured, postage prepaid mail, to each record holder of the Common Shares Stock as of the Close of Business on the Separation Date, at the address of such holder shown on the records of the Company, a Rights certificate, in substantially the form of Exhibit A hereto certificate (the "Rights Certificates"“RIGHTS CERTIFICATE”), evidencing one Right (as adjusted from time to time prior to the Separation Date pursuant to this Agreement) for each share of Common Share Stock so held. In the event that an adjustment in the number of Rights per share of Common Stock has been made pursuant to Sections 11, 12 or 13 hereof, at the time of distribution of the Rights Certificates, the Company may make the necessary and appropriate rounding adjustments (in accordance with Section 14 hereof) so that Rights Certificates representing only whole numbers of Rights are distributed and cash is paid in lieu of any fractional Rights. As of and after the Separation Date, the Rights will be evidenced solely by such Rights Certificates.
(bc) As promptly soon as practicable following after the Record Date, the Company will send a copy of a Summary of Rights, in substantially the form attached hereto as Exhibit B C (the "Summary of Rights"“SUMMARY OF RIGHTS”), by first-class, postage prepaid mail to each record holder of the Common Shares Stock as of the Close of Business on the Record Date, at the address of such holder shown on the records of the Company. Until the earlier of the Separation Date or the Expiration Date, the surrender for transfer of any certificate for Common Stock outstanding on the Record Date, with or without a copy of the Summary of Rights attached thereto, shall also constitute the transfer of the Rights associated with the Common Stock represented thereby.
(cd) Certificates for the Common Shares Stock issued (including reissuance of treasury shares) after the Record Date but prior to the earlier of the Separation Date or the Expiration Date (as hereinafter defined) ), shall be deemed also to be certificates for Rights (and Rights shall be issued in respect thereof)Rights, and shall bear the following legend: "This certificate also evidences and entitles the holder hereof to certain Rights as set forth in the Rights Agreement between Coachmen ▇▇▇▇▇▇▇ Industries, Inc. (the "“Company"”) and First Chicago Trust Company of New YorkNational City Bank, as Rights Agent, dated as of January 5March 21, 2000 and effective January 122006, 2000 as it may be amended from time to time (the "“Rights Agreement"”), the terms of which are hereby incorporated herein by reference and a copy of which is on file at the principal offices of the Company. Under certain circumstances, as set forth in the Rights Agreement, such Rights will be evidenced by separate certificates and will no longer be evidenced by this certificate. The Company will mail to the holder of this certificate a copy of the Rights Agreement without charge promptly after receipt of a written request therefor. Under certain circumstances, Rights beneficially owned by Acquiring Persons (as defined in the Rights Agreement) become null and void and the holder of such Rights (including any subsequent holder) or any Affiliates Affiliate or Associates Associate thereof (as defined in the Rights Agreement) and shall not have any subsequent holder of such Rights may become null and voidright to exercise the Rights."
(de) Subject to Section 13(h), after After the Separation Date but prior to the Expiration Date, Rights shall only shall, without further action, be issued in connection with the issuance of Common Shares Stock upon the exercise of stock options granted prior to the Separation Date or upon the exercise, conversion pursuant to other benefits under any employee plan or exchange of securities issued by the Company arrangement established prior to the Separation Date; provided, however, that if, pursuant to the terms of any option, option or exercise, conversion or exchange of securitiesother benefit plan, the number of shares issuable thereunder is adjusted after the Separation Date, the number of Rights issuable upon issuance of the shares shall be equal only to the number of shares which would have been issuable prior to the adjustment. In the event that the Company purchases or acquires any shares of Common Stock after the Record Date but prior to the Separation Date, any Rights associated with such shares of Common Stock shall be deemed cancelled and retired so that the Company shall not be entitled to exercise any Rights associated with the shares of Common Stock that are no longer outstanding.
Appears in 1 contract
Issue of Rights Certificates. (a) Until the Separation Date, (xi) the Rights will be evidenced by the certificates for the Common Shares Stock registered in the names of the holders of the Common Shares Stock (which certificates for Common Shares Stock shall be deemed also to be certificates for Rights) and not by separate certificates, and (yii) the Rights will be transferable only in connection with the transfer of the underlying shares of Common Shares Stock (including a transfer to the Company). .
(b) As soon as practicable after the Separation Date, the Rights Agent will send by first-class, insured, postage prepaid mail, to each record holder of the Common Shares Stock as of the Close of Business on the Separation Date, at the address of such holder shown on the records of the Company, a Rights certificate, in substantially the form of Exhibit A hereto certificate (the "Rights CertificatesRIGHTS CERTIFICATE"), evidencing one Right (as adjusted from time to time prior to the Separation Date pursuant to this Agreement) for each share of Common Share Stock so held. As of and after the Separation Date, the Rights will be evidenced solely by such Rights Certificates.
(bc) As promptly soon as practicable following after the Record Date, the Company will send a copy of a Summary of Rights, in substantially the form attached hereto as Exhibit B (the "Summary of RightsSUMMARY OF RIGHTS"), by first-class, postage prepaid mail to each record holder of the Common Shares Stock as of the Close of Business on the Record Date, at the address of such holder shown on the records of the Company.
(cd) Certificates for the Common Shares Stock issued (including reissuance of treasury shares) after the Record Date Date, but prior to the earlier of the Separation Date or the Expiration Date (as hereinafter defined) ), shall be deemed also to be certificates for Rights (and Rights shall be issued in respect thereof)Rights, and shall bear the following legend: "This certificate also evidences and entitles the holder hereof to certain Rights as set forth in the Rights Agreement between Coachmen ▇▇▇▇ Industries, Inc. (the "Company") and First Chicago Firstar Trust Company of New YorkCompany, dated as of January 5August 4, 2000 and effective January 12, 2000 1998 (the "Rights Agreement"), the terms of which are hereby incorporated herein by reference and a copy of which is on file at the principal offices of the Company. Under certain circumstances, as set forth in the Rights Agreement, such Rights will be evidenced by separate certificates and will no longer be evidenced by this certificate. The Company will mail to the holder of this certificate a copy of the Rights Agreement without charge promptly after receipt of a written request therefor. Under certain circumstances, Rights beneficially owned by Acquiring Persons or any Affiliates or Associates thereof (as defined in the Rights Agreement) become null and any subsequent void and the holder of such Rights may become null and void(including any subsequent holder) shall not have any right to exercise the Rights."
(de) Subject to Section 13(h), after After the Separation Date Date, but prior to the Expiration Date, Rights shall only be issued in connection with the issuance of Common Shares Stock upon the exercise of stock options granted prior to the Separation Date or upon the exercise, conversion pursuant to other benefits under any employee plan or exchange of securities issued by the Company arrangement established prior to the Separation Date; provided, however, that if, pursuant to the terms of any option, option or exercise, conversion or exchange of securitiesother benefit plan, the number of shares issuable thereunder is adjusted after the Separation Date, the number of Rights issuable upon issuance of the shares shall be equal only to the number of shares which would have been issuable prior to the adjustment.
Appears in 1 contract
Issue of Rights Certificates. (ab) Until the Separation DateOn July 10, (x) the Rights will be evidenced by the certificates for the Common Shares registered in the names of the holders of the Common Shares (which certificates for Common Shares shall be deemed also to be certificates for Rights) and not by separate certificates1997, and (y) the Rights will be transferable only in connection with the transfer of the underlying Common Shares (including a transfer to the Company). As or as soon as practicable after the Separation Date, the Rights Agent will send by first-class, insured, postage prepaid mail, to each record holder of the Common Shares as of the Close of Business on the Separation Date, at the address of such holder shown on the records of the Company, a Rights certificate, in substantially the form of Exhibit A hereto (the "Rights Certificates"), evidencing one Right for each Common Share so held. As of and after the Separation Date, the Rights will be evidenced solely by such Rights Certificates.
(b) As promptly as practicable following the Record Datethereafter, the Company will send a copy of a Summary of RightsRights to Purchase Series A Preferred Stock, in substantially the form attached hereto as Exhibit B C (the "Summary of Rights"), by first-class, postage prepaid mail mail, to each record holder of the Common Shares Stock as of the Close close of Business business on the Record DateJuly 7, 1997, at the address of such holder shown on the records of the Company. With respect to certificates for the Common Stock outstanding as of July 7, 1997, until the Distribution Date, the Rights will be evidenced by such certificates for Common Stock registered in the names of the holders thereof. Until the Distribution Date (or, if earlier, the Expiration Date), the surrender for transfer of any certificates representing shares of Common Stock outstanding on July 7, 1997, shall also constitute the transfer of the Rights associated with the shares of Common Stock represented thereby.
(c) Certificates for the Common Shares Stock issued (including reissuance of treasury shares) after the Record Date July 7, 1997, but prior to the earlier of the Separation Distribution Date or the Expiration Date (as hereinafter definedsuch terms are defined in this Section 3 and Section 7 hereof) shall be deemed also have impressed on, printed on, written on or otherwise affixed to be certificates for Rights (and Rights shall be issued in respect thereof), and shall bear them the following legend: "This certificate also evidences and entitles the holder hereof to certain Rights as set forth in the a Rights Agreement between Coachmen IndustriesSpartan Motors, Inc. (the "Company") and First Chicago American Stock Transfer & Trust Company of New York, Co. (the "Rights Agent") dated as of January 5June 4, 2000 and effective January 12, 2000 1997 (the "Rights Agreement"), the terms of which are hereby incorporated herein by reference and a copy of which is on file at the principal executive offices of the Company. Under certain circumstances, as set forth in the Rights Agreement, such Rights will be evidenced by separate certificates and will no longer be evidenced by this certificate. The Company will mail to the holder of this certificate a copy of the Rights Agreement without charge promptly after receipt of a written request therefor. Under certain circumstances, Rights beneficially owned by issued to, or held by, any Person who is, was or becomes an Acquiring Persons or any Affiliates or Associates thereof Person (as such terms are defined in the Rights Agreement) and whether currently held by or on behalf of such Person or by any subsequent holder of such Rights holder, may become null and void."
(d) Subject . With respect to Section 13(h)such certificates containing the foregoing legend, after until the Separation Date but prior to the Expiration Date, Rights shall only be issued in connection with the issuance of Common Shares upon the exercise of stock options granted prior to the Separation Date or upon the exercise, conversion or exchange of securities issued by the Company prior to the Separation Date; provided, however, that if, pursuant to the terms of any option, or exercise, conversion or exchange of securities, the number of shares issuable thereunder is adjusted after the Separation Distribution Date, the number Rights associated with the Common Stock represented by such certificates shall be evidenced by such certificates alone, and the surrender for transfer of Rights issuable upon issuance any such certificate shall also constitute the transfer of the Rights associated with the shares shall be equal only to the number of shares which would have been issuable prior to the adjustment.Common Stock represented thereby. -5-
Appears in 1 contract
Issue of Rights Certificates. (a) Until the Separation tenth (10th) day after the Shares Acquisition Date (including any such date which is after the date of this Agreement and before the issuance of the Rights; the “Distribution Date”), (x) the Rights will be evidenced (subject to the provisions of Section 3(b) hereof) by the certificates for the Common Shares of the Company registered in the names of the holders of the Common Shares thereof (which certificates for Common Shares shall also be deemed also to be certificates for RightsRights Certificates) and not by separate certificatesRights Certificates, and (y) the right to receive Rights Certificates will be transferable only in connection with the transfer of the underlying Common Shares (including a transfer to of the Company). As soon as practicable after the Separation Distribution Date, the Company will prepare and execute, the Rights Agent will countersign, and the Company will send or cause to be sent (and the Rights Agent will, if requested, send) by first-class, insured, postage postage-prepaid mail, to each record holder of the Common Shares of the Company as of the Close of Business on the Separation Distribution Date, at the address of such holder shown on the records of the Company, a Rights certificateCertificate, in substantially the form of Exhibit A B hereto (the "a “Rights Certificates"Certificate”), evidencing one Right for each Common Share of the Company so held, subject to adjustment as provided herein. As of and after the Separation Distribution Date, the Rights will be evidenced solely by such Rights Certificates.
(b) As promptly as practicable following On the Record Date, or as soon as practicable thereafter, the Company will send or cause to be sent (and the Rights Agent will, if requested, send) a copy of a Summary of RightsRights to Purchase Preferred Shares, in substantially the form attached of Exhibit C hereto as Exhibit B (the "“Summary of Rights"”), by first-class, postage postage-prepaid mail mail, to each record holder of Common Shares of the Company as of the Close of Business on the Record Date, at the address of such holder shown on the records of the Company. With respect to certificates for Common Shares of the Company outstanding as of the Record Date, until the Distribution Date, the Rights will be evidenced by such certificates registered in the names of the holders thereof together with a copy of the Summary of Rights attached thereto. Until the Distribution Date (or the earlier of the Redemption Date or the Final Expiration Date), the surrender for transfer of any certificate for Common Shares of the Company outstanding on the Record Date, with or without a copy of the Summary of Rights attached thereto, shall also constitute the transfer of the Rights associated with the Common Shares of the Company represented thereby.
(c) Certificates for the Common Shares issued which become outstanding (including reissuance including, without limitation, reacquired Common Shares referred to in the last sentence of treasury sharesthis paragraph (c)) after the Record Date but prior to before the earlier earliest of the Separation Distribution Date, the Redemption Date or the Final Expiration Date (as hereinafter defined) shall be deemed also have impressed on, printed on, written on or otherwise affixed to be certificates for Rights (and Rights shall be issued in respect thereof), and shall bear them the following legend: "This certificate also evidences and entitles the holder hereof to certain Rights rights as set forth in the Rights an Agreement between Coachmen IndustriesImage Sensing Systems, Inc. (the "Company") and First Chicago Continental Stock Transfer & Trust Company of New York, dated as of January 5June 6, 2000 and effective January 122013, 2000 as it may be amended from time to time (the "Rights “Agreement"”), the terms of which are hereby incorporated herein by reference and a copy of which is on file at the principal executive offices of the Company. Image Sensing Systems, Inc. Under certain circumstances, as set forth in the Rights Agreement, such Rights (as defined in the Agreement) will be evidenced by separate certificates and will no longer be evidenced by this certificate. The Company Image Sensing Systems, Inc. will mail to the holder of this certificate a copy of the Rights Agreement without charge promptly after receipt of a written request therefor. Under certain circumstancesAs set forth in the Agreement, Rights beneficially owned Beneficially Owned by Acquiring Persons or any Affiliates or Associates thereof Person (as defined in the Rights Agreement) and any subsequent holder of such Rights may who becomes an Acquiring Person (as defined in the Agreement) become null and void."
(d) Subject . With respect to Section 13(h)such certificates containing the foregoing legend, after until the Separation Date but prior to the Expiration Date, Rights shall only be issued in connection with the issuance of Common Shares upon the exercise of stock options granted prior to the Separation Date or upon the exercise, conversion or exchange of securities issued by the Company prior to the Separation Date; provided, however, that if, pursuant to the terms of any option, or exercise, conversion or exchange of securities, the number of shares issuable thereunder is adjusted after the Separation Distribution Date, the number of Rights issuable upon issuance associated with the Common Shares of the shares Company represented by such certificates shall be equal only evidenced by such certificates alone, and the surrender for transfer of any such certificate shall also constitute the transfer of the Rights associated with the Common Shares of the Company represented thereby. If the Company purchases or acquires any Common Shares of the Company after the Record Date but before the Distribution Date, any Rights associated with such Common Shares of the Company shall be deemed cancelled and retired so that the Company shall not be entitled to exercise any Rights associated with the number Common Shares of shares the Company which would have been issuable prior to are no longer outstanding. Notwithstanding this Section 3(c), the adjustmentomission of a legend shall not affect the enforceability of any part of this Rights Agreement or the rights of any holder of the Rights.
Appears in 1 contract
Issue of Rights Certificates. (a) Until the Separation Close of Business on the tenth Business Day after the Stock Acquisition Date (or, if the tenth Business Day after the Stock Acquisition Date occurs before the Record Date, the Close of Business on the Record Date) (such date being the “Distribution Date”), (x) the Rights will be evidenced by the certificates for the Common Shares Stock registered in the names of the holders of the Common Shares Stock (or, in the case of uncertificated Common Stock by the book-entry account that evidences record ownership of such Common Stock) (which certificates or book-entries for Common Shares Stock shall be deemed also to be certificates for Rights) and not by separate certificates, certificates (or book entries) and (y) the Rights will be transferable only in connection with the transfer of the underlying shares of Common Shares Stock (including a transfer to the Company). Until the earlier of the Distribution Date or the Expiration Date, the surrender for transfer of any certificate representing shares of Common Stock (or, in the case of uncertificated shares of Common Stock, a transfer recorded in the book-entry accounts that evidence record ownership) in respect of which Rights have been issued shall also constitute the transfer of the Rights associated with such shares of Common Stock. The Company must promptly notify the Rights Agent of a Distribution Date and request its transfer agent to give the Rights Agent a stockholder list together with all other relevant information. As soon as practicable after the Separation DateRights Agent is notified of the Distribution Date and receives such information, the Rights Agent will send by first-class, insured, postage prepaid class mail, to each record holder of the Common Shares Stock as of the Close of Business on the Separation Distribution Date, at the address of such holder shown on the records of the Company, a one or more Rights certificatecertificates, in substantially the form of Exhibit A hereto (the "“Rights Certificates"”), evidencing one Right for each share of Common Share Stock so held, subject to adjustment as provided herein. In the event that any adjustment in the number of Rights per share of Common Stock has been made pursuant to Section 11, at the time of distribution of the Rights Certificates, the Company shall make the necessary and appropriate rounding adjustments (in accordance with Section 14(a)) so that Rights Certificates representing only whole numbers of Rights are distributed and cash is paid in lieu of any fractional Rights. As of and after the Separation Distribution Date, the Rights will be evidenced solely by such Rights Certificates.
(b) As The Company will make available, as promptly as practicable following the Record Datepracticable, the Company will send a copy of a Summary of Rights, in substantially the form attached hereto as Exhibit B (the "“Summary of Rights"”), by first-class, postage prepaid mail to each record any holder of Common Shares as of Rights who may so request from time to time prior to the Close of Business on the Record Expiration Date, at the address of such holder shown on the records of the Company.
(c) Certificates for the Rights shall be issued in respect of all shares of Common Shares Stock which are issued (including reissuance of treasury shareswhether originally issued or from the Company’s treasury) after the Record Date but prior to the earlier of the Separation Distribution Date or the Expiration Date (as hereinafter defined) or, in certain circumstances provided in Section 22, after the Distribution Date. Certificates representing such shares of Common Stock shall also be deemed also to be certificates for Rights (and Rights shall be issued in respect thereof)Rights, and shall bear a legend substantially in the following legendform: "This certificate also evidences and entitles the holder hereof to certain Rights rights as set forth in the Tax Benefit Rights Agreement between Coachmen IndustriesMMA Capital Management, LLC (the “Company”) and Broadridge Corporate Issuer Solutions, Inc. (the "Company"“Rights Agent”) and First Chicago Trust Company of New York, dated as of January 5_________________, 2000 and effective January 122015, 2000 as the same may be amended from time to time (the "“Rights Agreement"”), the terms of which are hereby incorporated herein by reference and a copy of which is on file at the principal offices of the Company. Under certain circumstances, as set forth in the Rights Agreement, such Rights (as defined in the Rights Agreement) will be evidenced by separate certificates and will no longer be evidenced by this certificate. The Company will mail to the holder of this certificate a copy of the Rights Agreement Agreement, as in effect on the date of mailing, without charge promptly after receipt of a written request therefor. Under certain circumstancescircumstances set forth in the Rights Agreement, Rights beneficially owned by issued to, or held by, any Person who or which is, was or becomes an Acquiring Persons Person or any Affiliates Affiliate or Associates Associate thereof (as such terms are defined in the Rights Agreement) and ), whether currently held by or on behalf of such Person or by any subsequent holder of such Rights holder, may become null and void."
. With respect to any book-entry shares of Common Stock, such legend shall be included in a notice to the record holder of such shares in accordance with applicable law. Until the earlier of (di) Subject to Section 13(h)the Distribution Date or (ii) the Expiration Date, the Rights associated with the Common Stock represented by certificates or by book-entries that evidence record ownership shall be evidenced by such certificates and book-entries alone and registered holders of Common Stock shall also be the registered holders of the associated Rights, and the transfer of any of such Common Stock represented by such certificates or book-entries shall also constitute the transfer of the Rights associated with the Common Stock represented by such certificates and book-entries. In the event the Company purchases or acquires any shares of Common Stock after the Separation Record Date but prior to the Expiration Distribution Date, any Rights shall only be issued in connection associated with the issuance of Common Shares upon the exercise of stock options granted prior to the Separation Date or upon the exercise, conversion or exchange of securities issued by the Company prior to the Separation Date; provided, however, that if, pursuant to the terms of any option, or exercise, conversion or exchange of securities, the number of shares issuable thereunder is adjusted after the Separation Date, the number of Rights issuable upon issuance of the such shares shall be equal only deemed cancelled and retired so that the Company shall not be entitled to exercise any Rights associated with shares of Common Stock that are no longer outstanding. The omission or failure to send notice of any legend described in this Section 3 shall not affect the number status, validity or enforceability of shares which would have been issuable prior to any part of this Agreement or the adjustmentrights of any holder of the Rights.
Appears in 1 contract
Sources: Tax Benefit Rights Agreement (Mma Capital Management, LLC)
Issue of Rights Certificates. (a) Until the Separation Date, (x) the Rights will be evidenced by the certificates for the Common Shares registered in the names of the holders of the Common Shares (which certificates for Common Shares shall be deemed also to be certificates for Rights) and not by separate certificates, and (y) the Rights will be transferable only in connection with the transfer of the underlying Common Shares (including a transfer to the Company). As soon as practicable after the Separation Date, the Rights Agent will send by first-class, insured, postage prepaid mail, to each record holder of the Common Shares as of the Close of Business on the Separation Date, at the address of such holder shown on the records of the Company, a Rights certificate, in substantially the form of Exhibit A hereto (the "Rights Certificates"), evidencing one Right for each Common Share so held. As of and after the Separation Date, the Rights will be evidenced solely by such Rights Certificates.
(b) As promptly as practicable following the Record Date, the Company will send shall make available a copy of a Summary of RightsRights to Purchase Preferred Stock, in substantially the form attached hereto as Exhibit B (the "“Summary of Rights"”), by first-class, postage prepaid mail to each record holder of Common Shares Stock who may so request from time to time prior to the Expiration Date. With respect to certificates for shares of Common Stock outstanding as of the Close of Business on the Record Date, at until the address of Distribution Date, the Rights shall be evidenced by such holder shown on certificates for the records Common Stock and the registered holders of the CompanyCommon Stock shall also be the registered holders of the associated Rights. Until the Distribution Date (or the earlier Expiration Date or Final Expiration Date), the transfer of any certificate representing shares of Common Stock in respect of which Rights have been issued shall also constitute the transfer of the Rights associated with the shares of Common Stock represented thereby.
(cb) Certificates for the Rights shall be issued in respect of all shares of Common Shares Stock issued (including reissuance of treasury shareswhether originally issued or from the Company’s treasury) after the Record Date but prior to the earlier earliest of the Separation Distribution Date, the Redemption Date and the Final Expiration Date; provided, however, Rights shall also be issued to the extent provided in Section 22 hereof in respect of all shares of Common Stock which are issued (whether originally issued or from the Company’s treasury) after the Distribution Date and prior to the Expiration Date (as hereinafter defined) Date. Certificates representing such shares of Common Stock shall also be deemed also to be certificates for Rights (and Rights shall be issued in respect thereof)Rights, and shall bear the following legend: "legend (in addition to any other legends that may be required): This certificate also evidences and entitles the holder hereof to certain Rights as set forth in the a Rights Agreement between Coachmen IndustriesAvalon Pharmaceuticals, Inc. (the "“Company"”) and First Chicago American Stock Transfer & Trust Company of New York, (the “Rights Agent”) dated as of January 5April 26, 2000 and effective January 122007, 2000 as the same may be amended from time to time (the "“Rights Agreement"”), the terms of which are hereby incorporated herein by reference and a copy of which is on file at the principal executive offices of the Company. Under certain circumstances, as set forth in the Rights Agreement, such Rights will shall be evidenced by separate certificates and will shall no longer be evidenced by this certificate. The Company will shall mail to the holder of this certificate a copy of the Rights Agreement as in effect on the date of mailing without charge promptly after receipt of a written request therefor. Under certain circumstancescircumstances set forth in the Rights Agreement, Rights beneficially owned by issued to, or held by, any Person who is, was or becomes an Acquiring Persons Person or any Affiliates Affiliate or Associates Associate thereof (as such terms are defined in the Rights Agreement) and ), whether currently held by or on behalf of such Person or by any subsequent holder of such Rights may holder, become null and void. With respect to such certificates containing the foregoing legend, until the earlier of (i) the Distribution Date or (ii) the Expiration Date, the Rights associated with the Common Stock represented by such certificates shall be evidenced by such certificates alone and registered holders of Common Stock shall also be the registered holders of the associated Rights, and the transfer of any such certificate shall also constitute the transfer of the Rights associated with the Common Stock represented thereby. Notwithstanding this paragraph (b), the omission of the foregoing legend shall not affect the enforceability of any part of this Agreement or the rights of any holder of the Rights."
(c) Until the Distribution Date, (i) the Rights shall be evidenced (subject to the provisions of paragraph (a) of this Section 3) by the certificates for Common Stock registered in the names of the holders thereof (which certificates for Common Stock shall also be deemed to be Rights Certificates) and not by separate Rights Certificates, and (ii) the Rights shall be transferable only in connection with the transfer of the underlying shares of Common Stock (including a transfer to the Company).
(d) Subject As soon as practicable after the Distribution Date, the Company shall prepare and execute, the Rights Agent shall countersign and the Company shall send or cause to Section 13(hbe sent (and the Rights Agent shall, if requested, send) by first-class, insured, postage-prepaid mail, to each record holder of Common Stock as of the Close of Business on the Distribution Date, at the address of such holder shown on the records of the Company, a rights certificate, in substantially the form of Exhibit C hereto (the “Rights Certificate”), after the Separation Date but prior to the Expiration Date, Rights shall only be issued in connection with the issuance evidencing one Right for each share of Common Shares upon Stock so held, subject to adjustment as provided herein. In the exercise of stock options granted prior to the Separation Date or upon the exercise, conversion or exchange of securities issued by the Company prior to the Separation Date; provided, however, event that if, pursuant to the terms of any option, or exercise, conversion or exchange of securities, the number of shares issuable thereunder is adjusted after the Separation Date, an adjustment in the number of Rights issuable upon issuance per share of Common Stock has been made pursuant to Section 11 hereof, at the time of distribution of the shares Rights Certificates, the Company shall make necessary and appropriate rounding adjustments (in accordance with Section 14(a) hereof) so that Rights Certificates representing only whole numbers of Rights are distributed and cash is paid in lieu of any fractional Rights. As of and after the Distribution Date, the Rights shall be equal only to the number of shares which would have been issuable prior to the adjustmentevidenced solely by such Rights Certificates.
Appears in 1 contract
Issue of Rights Certificates. (a) Until the Separation Date, (xi) the Rights will be evidenced by the certificates for the Common Shares Stock registered in the names of the holders of the Common Shares Stock (which certificates for Common Shares Stock shall be deemed also to be certificates for Rights) and not by separate certificates, and (yii) the Rights will be transferable only in connection with the transfer of the underlying shares of Common Shares Stock (including a transfer to the Company). .
(b) As soon as practicable after the Separation Date, the Rights Agent will send by first-class, insured, postage prepaid mail, to each record holder of the Common Shares Stock as of the Close of Business on the Separation Date, at the address of such holder shown on the records of the Company, a Rights certificate, in substantially the form of Exhibit A hereto certificate (the "Rights CertificatesRIGHTS CERTIFICATE"), evidencing one Right (as adjusted from time to time prior to the Separation Date pursuant to this Agreement) for each share of Common Share Stock so held. As of and after the Separation Date, the Rights will be evidenced solely by such Rights Certificates.
(bc) As promptly soon as practicable following after the Record Date, the Company will send a copy of a Summary of Rights, in substantially the form attached hereto as Exhibit B (the "Summary of RightsSUMMARY OF RIGHTS"), by first-class, postage prepaid mail to each record holder of the Common Shares Stock as of the Close of Business on the Record Date, at the address of such holder shown on the records of the Company.
(cd) Certificates for the Common Shares Stock issued (including reissuance of treasury shares) after the Record Date Date, but prior to the earlier of the Separation Date or the Expiration Date (as hereinafter defined) ), shall be deemed also to be certificates for Rights (and Rights shall be issued in respect thereof)Rights, and shall bear the following legend: "This certificate also evidences and entitles the holder hereof to certain Rights as set forth in the Rights Agreement between Coachmen Industries, Inc. APW Ltd. (the "Company") and First Chicago Trust Company of New YorkFirstar Bank N.A., dated as of January 5_________, 2000 and effective January 12____, 2000 as it may be amended from time to time, (the "Rights Agreement"), the terms of which are hereby incorporated herein by reference and a copy of which is on file at the principal offices of the Company. Under certain circumstances, as set forth in the Rights Agreement, such Rights will be evidenced by separate certificates and will no longer be evidenced by this certificate. The Company will mail to the holder of this certificate a copy of the Rights Agreement without charge promptly after receipt of a written request therefor. Under certain circumstances, Rights beneficially owned by Acquiring Persons or any Affiliates or Associates thereof (as defined in the Rights Agreement) become null and any subsequent void and the holder of such Rights may become null and void(including any subsequent holder) shall not have any right to exercise the Rights. Rights shall not be exercisable in any jurisdiction if (i) such exercise is not permitted under applicable law or (ii) a prospectus or registration statement in respect of the Rights shall not have been filed or declared effective in Bermuda."
(de) Subject to Section 13(h), after After the Separation Date Date, but prior to the Expiration Date, Rights shall only be issued in connection with the issuance of Common Shares Stock upon the exercise of stock options granted prior to the Separation Date or upon the exercise, conversion pursuant to other benefits under any employee plan or exchange of securities issued by the Company arrangement established prior to the Separation Date; provided, however, that if, pursuant to the terms of any option, option or exercise, conversion or exchange of securitiesother benefit plan, the number of shares issuable thereunder is adjusted after the Separation Date, the number of Rights issuable upon issuance of the shares shall be equal only to the number of shares which would have been issuable prior to the adjustment.
Appears in 1 contract
Sources: Rights Agreement (Apw LTD)
Issue of Rights Certificates. (a) Until the Separation Date, ,
(xi) the Rights will be evidenced by the certificates for the Common Shares Stock registered in the names of the holders of the Common Shares Stock (which certificates for Common Shares Stock shall be deemed also to be certificates for Rights) and not by separate certificates, and and
(yii) the Rights will be transferable only in connection with the transfer of the underlying shares of Common Shares Stock (including a transfer to the Company). .
(b) As soon as practicable after the Separation Date, the Company will prepare and execute and the Rights Agent will countersign, and if requested by the Company, send by first-class, insured, postage prepaid mail, to each record holder of the Common Shares Stock as of the Close of Business on the Separation Date, at the address of such the holder shown on the records of the Company, a Rights certificate, in substantially the form of Exhibit A B hereto (the "Rights Certificates"), evidencing one Right for each share of Common Share so Stock held. As After the distribution of and after the Separation DateRights Certificates, the Rights will be evidenced solely by such Rights Certificates.
(bc) As promptly as practicable following the Record Date, the Company will send a copy of a Summary of Rights, in substantially the form attached hereto as Exhibit B C (the "Summary of Rights"), by first-class, postage prepaid mail to each record holder of the Common Shares Stock as of the Close of Business on the Record Date, at the address of such the holder shown on the records of the Company.
(cd) Certificates for the Common Shares Stock issued (including reissuance of treasury shares) after the Record Date but prior to the earlier of the Separation Date or the Expiration Date (as hereinafter defined) Date, shall be deemed also to be certificates for Rights (and Rights shall be issued in respect thereof)Rights, and shall bear the following legend: "This certificate also evidences and entitles the holder hereof to certain Rights as set forth in the Amended and Restated Rights Agreement between Coachmen Industries, ▇▇▇▇▇▇ Industries Inc. (the "Company") and First Chicago Trust Company of New YorkNational City Bank, originally dated as of January 5, 2000 1998, as subsequently amended and effective January 12, 2000 restated (the "Rights Agreement"), the terms of which are hereby incorporated herein by reference and a copy of which is on file at the principal offices of the Company. Under Upon the occurrence of certain circumstancesevents, as set forth in the Rights Agreement, such the Rights will be evidenced by separate certificates and will no longer be evidenced by this certificate. The Company will mail to the holder of this certificate a copy of the Rights Agreement without charge promptly after receipt of a written request therefor. Under certain circumstances, Rights beneficially owned by Acquiring Persons or any Affiliates or Associates thereof (as defined in the Rights Agreement) and any subsequent holder of such Rights may become null and voidvoid and the holder of the Rights (including any subsequent holder) shall not have any right to exercise the Rights."
(de) Subject to Section 13(h), after After the Separation Date but prior to the Expiration Date, Rights shall only be issued in connection with the issuance of Common Shares Stock upon the exercise of stock options granted prior to the Separation Date or upon the exercise, conversion pursuant to other benefits under employee plans or exchange of securities issued by the Company arrangements established prior to the Separation Date; provided, however, that if, pursuant to the terms of any option, option or exercise, conversion or exchange of securitiesother benefit plan, the number of shares issuable thereunder is adjusted after the Separation Date, the number of Rights issuable upon issuance of the shares shall be equal only to the number of shares which would have been issuable prior to the adjustment.
Appears in 1 contract
Issue of Rights Certificates. (a) Until the Separation Distribution Date, (x) the Rights will be evidenced by the certificates for the Common Shares Stock registered in the names of the holders of the Common Shares Stock (which certificates for Common Shares Stock shall be deemed also to be certificates for Rights) and not by separate certificates, and (y) the Rights will be transferable only in connection with the transfer of the underlying shares of Common Shares Stock (including a transfer to the Company). As soon as practicable after the Separation Distribution Date, the Rights Agent will send by first-class, insured, postage prepaid mail, to each record holder of the Common Shares Stock as of the Close of Business on the Separation Distribution Date, at the address of such holder shown on the records of the Company, a Rights certificateCertificate, in substantially the form of Exhibit A B hereto (the "“Rights Certificates"”), evidencing one Right for each share of Common Share Stock so held. In the event that an adjustment in the number of Rights per share of Common Stock has been made pursuant to Sections 11, 12 or 13 hereof, at the time of distribution of the Rights Certificates, the Company may make the necessary and appropriate rounding adjustments (in accordance with Section 14 hereof) so that Rights Certificates representing only whole numbers of Rights are distributed and cash is paid in lieu of any fractional Rights. As of and after the Separation Distribution Date, the Rights will be evidenced solely by such Rights Certificates.
(b) . As promptly soon as practicable following the Record Date, the Company will send a copy of a Summary of Rights, in substantially the form attached hereto as Exhibit B C (the "“Summary of Rights"”), by first-class, postage prepaid mail to each record holder of the Common Shares Stock as of the Close of Business on the Record Date, at the address of such holder shown on the records of the Company.
(c) . Until the earlier of the Distribution Date or the Expiration Date, the surrender for transfer of any certificate for Common Stock outstanding on the Record Date, with or without a copy of the Summary of Rights attached thereto, shall also constitute the transfer of the Rights associated with the Common Stock represented thereby. Certificates for the Common Shares Stock issued (including reissuance of treasury shares) after the Record Date but prior to the earlier of the Separation Distribution Date or the Expiration Date (as hereinafter defined) ), shall be deemed also to be certificates for Rights (and Rights shall be issued in respect thereof)Rights, and shall bear the following legend: "This certificate also evidences and entitles the holder hereof to certain Rights as set forth in the Rights Agreement between Coachmen Industries, Inc. Nexity Financial Corporation (the "“Company"”) and First Chicago Trust Registrar and Transfer Company of New York, dated as of January 5February 4, 2000 and effective January 12, 2000 2009 (the "“Rights Agreement"”), the terms of which are hereby incorporated herein by reference and a copy of which is on file at the principal offices of the Company. Under certain circumstances, as set forth in the Rights Agreement, such Rights will may be redeemed, may expire, or may be evidenced by separate certificates or book entry form and will no longer be evidenced by this certificate. The Company will mail to the holder of this certificate a copy of the Rights Agreement without charge promptly after receipt of a written request therefor. Under certain circumstances, the Rights beneficially owned by Acquiring Persons (as defined in the Rights Agreement) or any Affiliates Affiliate or Associates Associate thereof (as defined in the Rights Agreement) and any subsequent holder of such Rights may become null and void."
(d) Subject to Section 13(h), after . After the Separation Distribution Date but prior to the Expiration Date, Rights shall only shall, without further action, be issued in connection with the issuance of Common Shares Stock upon the exercise of stock options granted prior to the Separation Distribution Date or upon the exercise, conversion pursuant to other benefits under any employee plan or exchange of securities issued by the Company arrangement established prior to the Separation Distribution Date; provided, however, that if, pursuant to the terms of any option, option or exercise, conversion or exchange of securitiesother benefit plan, the number of shares issuable thereunder is adjusted after the Separation Distribution Date, the number of Rights issuable upon issuance of the shares shall be equal only to the number of shares which would have been issuable prior to the adjustment. In the event that the Company purchases or acquires any shares of Common Stock after the Record Date but prior to the Distribution Date, any Rights associated with such shares of Common Stock shall be deemed cancelled and retired so that the Company shall not be entitled to exercise any Rights associated with the shares of Common Stock that are no longer outstanding.
Appears in 1 contract
Sources: Preferred Stock Rights Agreement (Nexity Financial Corp)
Issue of Rights Certificates. (a) Until the Separation Date, (x) the Rights will be evidenced by the certificates for the Common Shares registered in the names of the holders of the Common Shares (which certificates for Common Shares shall be deemed also to be certificates for Rights) and not by separate certificates, and (y) the Rights will be transferable only in connection with the transfer of the underlying Common Shares (including a transfer to the Company). As soon as practicable after the Separation Date, the Rights Agent will send by first-class, insured, postage prepaid mail, to each record holder of the Common Shares as of the Close of Business on the Separation Date, at the address of such holder shown on the records of the Company, a Rights certificate, in substantially the form of Exhibit A hereto (the "Rights Certificates"), evidencing one Right for each Common Share so held. As of and after the Separation Date, the Rights will be evidenced solely by such Rights Certificates.
(b) As promptly as practicable following the Record Date, the Company will send or deliver a copy summary of a Summary of Rights, in substantially the form attached hereto as Exhibit B this Agreement (the "Summary of Rights"), by first-class, postage prepaid mail ) to each record holder of Common Shares Stock as of the Close of Business on the Record Date, Date at the address of such holder shown on the records of the Company. With respect to certificates for shares of Common Stock outstanding as of the Record Date, until the Distribution Date, the Rights will be evidenced by such certificates for the Common Stock and the registered holders of the Common Stock shall also be the registered holders of the associated Rights. Until the Distribution Date (or the earlier Expiration Date or Final Expiration Date), the transfer of any certificate representing shares of Common Stock in respect of which Rights have been issued shall also constitute the transfer of the Rights associated with the shares of Common Stock represented thereby.
(cb) Certificates for the Rights shall be issued in respect of all shares of Common Shares Stock issued (including reissuance of treasury shareswhether originally issued or from the Company's treasury) after the Record Date but prior to the earlier of the Separation Distribution Date or the Expiration Date or the Final Expiration Date. Rights shall also be issued to the extent provided in Section 22 in respect of all shares of Common Stock which are issued (as hereinafter definedwhether originally issued or from the Company's treasury) after the Distribution Date and prior to the Expiration Date. Certificates representing such shares of Common Stock shall also be deemed also to be certificates for Rights (and Rights shall be issued in respect thereof)Rights, and shall bear the following legend: "legend (in addition to any other legends that may be required): This certificate also evidences and entitles the holder hereof to certain Rights as set forth in the a Rights Agreement between Coachmen IndustriesElcotel, Inc. (the "Company") and First Chicago American Stock Transfer & Trust Company of New York(the "Rights Agent"), dated as of January 5May 11, 2000 and effective January 12, 2000 1999 (the "Rights Agreement"), the terms of which are hereby incorporated herein by reference and a copy of which is on file at the principal executive offices of the Company. Under certain circumstances, as set forth in the Rights Agreement, such Rights will be evidenced by separate certificates and will no longer be evidenced by this certificate. The Company will mail to the holder of this certificate a copy of the Rights Agreement as in effect on the date of mailing without charge promptly after receipt of a written request therefor. Under certain circumstancescircumstances set forth in the Rights Agreement, Rights beneficially owned by issued to, or held by, any Person who is, was or becomes an Acquiring Persons Person or any Affiliates Affiliate or Associates Associate thereof (as such terms are defined in the Rights Agreement) and ), whether currently held by or on behalf of such Person or by any subsequent holder of such Rights holder, may become null and void. The Rights shall not be exercisable, and shall be null and void so long as held, by a holder in any jurisdiction where the requisite qualification of the issuance to such holder, or the exercise by such holder, of the Rights in such jurisdiction shall not have been obtained or be obtainable. With respect to such certificates containing the foregoing legend, until the earlier of (i) the Distribution Date or (ii) the Expiration Date, the Rights associated with the Common Stock represented by such certificates shall be evidenced by such certificates alone and registered holders of Common Stock shall also be the registered holders of the associated Rights, and the transfer of any such certificate shall also constitute the transfer of the Rights associated with the Common Stock represented thereby."
(c) Until the Distribution Date (i) the Rights will be evidenced (subject to the provisions of paragraph (a) of this Section 3) by the certificates for Common Stock registered in the names of the holders thereof (which certificates for Common Stock shall also be deemed to be Rights Certificates) and not by separate Rights Certificates, and (ii) the Rights will be transferable only in connection with the transfer of the underlying shares of Common Stock (including a transfer to the Company).
(d) Subject As soon as practicable after the Distribution Date, the Rights Agent upon notification thereof and delivery to Section 13(hit of a list of holders of Common Stock will send by first-class, insured, postage prepaid mail, to each record holder of Common Stock as of the Close of Business on the Distribution Date, at the address of such holder shown on the records of the Company, a rights certificate, in substantially the form of Exhibit A hereto (the "Rights Certificate"), after the Separation Date but prior to the Expiration Date, Rights shall only be issued in connection with the issuance evidencing one Right for each share of Common Shares upon Stock so held, subject to adjustment as provided herein. In the exercise of stock options granted prior to the Separation Date or upon the exercise, conversion or exchange of securities issued by the Company prior to the Separation Date; provided, however, event that if, pursuant to the terms of any option, or exercise, conversion or exchange of securities, the number of shares issuable thereunder is adjusted after the Separation Date, an adjustment in the number of Rights issuable upon issuance per share of Common Stock has been made pursuant to Section 11 hereof, at the time of distribution of the shares Rights Certificates, the Company shall make necessary and appropriate rounding adjustments (in accordance with Section 14(a) hereof) so that Rights Certificates representing only whole numbers of Rights are distributed and cash is paid in lieu of any fractional Rights. As of and after the Distribution Date, the Rights will be equal only to the number of shares which would have been issuable prior to the adjustmentevidenced solely by such Right Certificates.
Appears in 1 contract
Issue of Rights Certificates. (a) Until the Separation Distribution Date, (xi) the Rights will be evidenced (subject to the provisions of paragraph (b) of this Section 3) by the certificates for the shares of Common Shares Stock registered in the names of the holders of the shares of Common Shares Stock (which certificates for shares of Common Shares Stock shall be deemed also to be certificates for Rights) and not by separate rights certificates, ; and (yii) the Rights will be transferable only in connection with the transfer of the underlying shares of Common Shares Stock (including a transfer to the CompanyCorporation). As soon as practicable after the Separation Distribution Date, the Corporation will prepare and execute, the Rights Agent will countersign, and the Corporation will send or cause to be sent (and the Rights Agent, if so requested, will send) by first-class, insured, postage prepaid mail, to each record holder of the shares of Common Shares Stock as of the Close of Business on the Separation Distribution Date, at the address of such holder shown on the records of the CompanyCorporation, a Rights certificateone or more rights certificates, in substantially the form of Exhibit A B hereto (the "Rights Certificates"), evidencing one Right for each share of Common Share Stock so held, subject to adjustment as provided herein. In the event that an adjustment in the number of Rights per share of Common Stock has been made pursuant to Section 11(i) or Section 11(p) hereof, at the time of distribution of the Rights Certificates, the Corporation may make the necessary and appropriate rounding adjustments (in accordance with Section 14(a) hereof) so that Rights Certificates representing only whole numbers of Rights are distributed and cash is paid in lieu of any fractional Rights. As of and after the Separation Distribution Date, the Rights will be evidenced solely by such Rights Certificates.
(b) As promptly as practicable following the Record Date, the Company Corporation will send a copy of a Summary of Rights, Rights to Purchase Series A Preferred Stock in substantially the form attached hereto as Exhibit B C and which may be appended to certificates that represent shares of Common Stock (hereinafter referred to as the "Summary of Rights"), by first-class, postage prepaid mail mail, to each record holder of Common Shares Stock as of the Close of Business on the Record Date, at the address of such holder shown on the records of the CompanyCorporation. With respect to certificates for Common Stock outstanding as of the Record Date, until the Distribution Date, the Rights will be evidenced by such certificates registered in the names of the holders thereof together with a copy of the Summary of Rights attached thereto. Until the earlier of the Distribution Date or the Expiration Date, the surrender for transfer of any certificate for Common Stock outstanding on the Record Date, with or without a copy of the Summary of Rights attached thereto, shall also constitute the transfer of the Rights associated with the Common Stock represented thereby.
(c) Certificates for Rights shall, without any further action, be issued in respect of all shares of Common Stock that become outstanding (whether originally issued or delivered from the Common Shares issued (including reissuance of treasury sharesCorporation's treasury) after the Record Date but prior to the earlier of the Separation Distribution Date or and the Expiration Date. Certificates, representing such shares of Common Stock, issued after the Record Date (as hereinafter defined) shall be deemed also to be certificates for Rights (and Rights shall be issued in respect thereof), and shall bear the following legend: "This certificate Certificate also evidences and entitles the holder hereof to certain Rights as set forth in the Rights Agreement between Coachmen IndustriesFreeMarkets, Inc. (the "CompanyCorporation") and First Chicago American Stock Transfer & Trust Company of New York, (the "Rights Agent") dated as of January 5March 7, 2000 and effective January 12, 2000 2003 (the "Rights Agreement"), the terms of which are hereby incorporated herein by reference and a copy of which is on file at the principal offices office of the CompanyCorporation. Under certain circumstances, as set forth in the Rights Agreement, such Rights rights will be evidenced by separate certificates and will no longer be evidenced by this certificateCertificate. The Company Corporation will mail to the holder of this certificate Certificate a copy of the Rights Agreement Agreement, as in effect on the date of mailing, without charge promptly after receipt of a written request therefor. Under certain circumstances, Rights beneficially owned by Acquiring Persons or any Affiliates or Associates thereof (as defined set forth in the Rights Agreement) and , Rights that are beneficially owned by any subsequent holder person who is, was, or becomes an Acquiring Person or any Affiliate or Associate thereof (as such terms are defined in the rights agreement), or specified transferees of such Rights acquiring person (or Affiliate or Associate thereof) may become null and void."
(d) Subject to Section 13(h), after . After the Separation Record Date but prior to the earlier of the Distribution Date and the Expiration Date, Rights shall only be if new certificate(s) representing shares of Common Stock are issued in connection with the issuance transfer, split up, combination, or exchange of certificate(s) representing shares of Common Shares upon Stock or if new certificate(s) representing shares of Common Stock are issued to replace any certificate(s) that have been mutilated, destroyed, lost, or stolen, then such new certificate(s) shall bear the exercise foregoing legend. With respect to all certificates containing the foregoing legend, until the earlier of stock options granted the Distribution Date or the Expiration Date, the Rights associated with the shares of Common Stock represented by such certificates shall be evidenced by such certificates alone and registered holders of the shares of Common Stock shall also be the registered holders of the associated Rights, and the transfer of any of such certificates shall also constitute the transfer of the Rights associated with the shares of Common Stock represented by such certificates. In the event that the Corporation purchases or acquires any shares of Common Stock after the Record Date but prior to the Separation Date or upon the exercise, conversion or exchange of securities issued by the Company prior to the Separation Date; provided, however, that if, pursuant to the terms of any option, or exercise, conversion or exchange of securities, the number of shares issuable thereunder is adjusted after the Separation Distribution Date, any Rights associated with such shares of Common Stock shall be deemed cancelled and retired so that the number of Corporation shall not be entitled to exercise any Rights issuable upon issuance of associated with the shares shall be equal only to the number of shares which would have been issuable prior to the adjustmentCommon Stock that are no longer outstanding.
Appears in 1 contract
Issue of Rights Certificates. (a) Until the Separation Date, (x) the Rights will be evidenced by the certificates for the Common Shares registered in the names of the holders of the Common Shares (which certificates for Common Shares shall be deemed also to be certificates for Rights) and not by separate certificates, and (y) the Rights will be transferable only in connection with the transfer of the underlying Common Shares (including a transfer to the Company). As soon as practicable after the Separation Date, the Rights Agent will send by first-class, insured, postage prepaid mail, to each record holder of the Common Shares as of the Close of Business on the Separation Date, at the address of such holder shown on the records of the Company, a Rights certificate, in substantially the form of Exhibit A hereto (the "Rights Certificates"), evidencing one Right for each Common Share so held. As of and after the Separation Date, the Rights will be evidenced solely by such Rights Certificates.
(b) As promptly as practicable following the Record Date, the Company will send a copy of a Summary of RightsRights to Purchase Preferred Stock, in substantially the form attached hereto as Exhibit B (the "Summary of Rights"), by first-class, postage prepaid mail mail, to each record holder of Common Shares Stock as of the Close of Business on the Record Date, Date at the address of such holder shown on the records of the Company. With respect to certificates for shares of Common Stock outstanding as of the Record Date, until the Distribution Date, the Rights will be evidenced by such certificates for the Common Stock and the registered holders of the Common Stock shall also be the registered holders of the associated Rights. Until the Distribution Date (or the earlier Expiration Date or Final Expiration Date), the transfer of any certificate representing shares of Common Stock in respect of which Rights have been issued shall also constitute the transfer of the Rights associated with the shares of Common Stock represented thereby.
(cb) Certificates for the Rights shall be issued in respect of all shares of Common Shares Stock issued (including reissuance of treasury shareswhether originally issued or from the Company's treasury) after the Record Date but prior to the earlier of the Separation Distribution Date or the Expiration Date or the Final Expiration Date. Rights shall also be issued to the extent provided in Section 22 in respect of all shares of Common Stock which are issued (as hereinafter definedwhether originally issued or from the Company's treasury) after the Distribution Date and prior to the Expiration Date. Certificates representing such shares of Common Stock shall also be deemed also to be certificates for Rights (and Rights shall be issued in respect thereof)Rights, and shall bear the following legend: "legend (in addition to any other legends that may be required): This certificate also evidences and entitles the holder hereof to certain Rights as set forth in the a Rights Agreement between Coachmen IndustriesSunrise Assisted Living, Inc. (the "Company") and First Chicago Trust Company Union National Bank of New York, North Carolina (the "Rights Agent") dated as of January 5April 25, 2000 and effective January 12, 2000 1996 (the "Rights Agreement"), the terms of which are hereby incorporated herein by reference and a copy of which is on file at the principal executive offices of the Company. Under certain circumstances, as set forth in the Rights Agreement, such Rights will be evidenced by separate certificates and will no longer be evidenced by this certificate. The Company will mail to the holder of this certificate a copy of Under certain circumstances set forth in the Rights Agreement without charge promptly after receipt of a written request therefor. Under certain circumstancesAgreement, Rights beneficially owned by issued to, or held by, any Person who is, was or becomes an Acquiring Persons Person or any Affiliates Affiliate or Associates Associate thereof (as such terms are defined in the Rights Agreement) and ), whether currently held by or on behalf of such Person or by any subsequent holder of such Rights holder, may become null and void. The Rights shall not be exercisable, and shall be void so long as held, by a holder in any jurisdiction where the requisite qualification of the issuance to such holder, or the exercise by such holder, of the Rights in such jurisdiction shall not have been obtained or be obtainable. With respect to such certificates containing the foregoing legend, until the earlier of (i) the Distribution Date or (ii) the Expiration Date, the Rights associated with the Common Stock represented by such certificates shall be evidenced by such certificates alone and registered holders of Common Stock shall also be the registered holders of the associated Rights, and the transfer of any such certificate shall also constitute the transfer of the Rights associated with the Common Stock represented thereby."
(c) Until the Distribution Date (i) the Rights will be evidenced (subject to the provisions of paragraph (a) of this Section 3) by the certificates for Common Stock registered in the names of the holders thereof (which certificates for Common Stock shall also be deemed to be Rights Certificates) and not by separate Rights Certificates, and (ii) the Rights will be transferable only in connection with the transfer of the underlying shares of Common Stock (including a transfer to the Company).
(d) Subject to Section 13(h), As soon as practicable after the Separation Date but prior to the Expiration Distribution Date, the Rights shall only be issued in connection with the issuance Agent will send by first-class, insured, postage prepaid mail, to each record holder of Common Shares upon Stock as of the exercise Close of stock options granted prior to Business on the Separation Date or upon the exercise, conversion or exchange of securities issued by the Company prior to the Separation Date; provided, however, that if, pursuant to the terms of any option, or exercise, conversion or exchange of securities, the number of shares issuable thereunder is adjusted after the Separation Distribution Date, at the address of such holder shown on the records of the Company, a Rights Certificate, in substantially the form of Exhibit C hereto, evidencing one Right for each share of Common Stock so held, subject to adjustment as provided herein. In the event that an adjustment in the number of Rights issuable upon issuance per share of Common Stock has been made pursuant to Section 11(p) hereof, at the time of distribution of the shares Rights Certificates, the Company shall make necessary and appropriate rounding adjustments (in accordance with Section 14(a) hereof) so that Rights Certificates representing only whole numbers of Rights are distributed and cash is paid in lieu of any fractional Rights. As of and after the Distribution Date, the Rights will be equal only to the number of shares which would have been issuable prior to the adjustmentevidenced solely by such Right Certificates.
Appears in 1 contract
Issue of Rights Certificates. (a) Until the Separation Date, Distribution Date (xi) the Rights will be evidenced (subject to the provisions of paragraph (b) of this Section 3) by the certificates for the Common Shares registered in the names of the holders of the Common Shares (which certificates for Common Shares shall will be deemed also to be certificates for Rights) and not by separate certificates, and (yii) the Rights will be transferable only in connection with the transfer of the underlying Common Shares (including a transfer transfers to the Company). As soon as practicable after the Separation Distribution Date, the Rights Agent will send by first-class, insured, class postage prepaid mail, mail to each record holder of the Common Shares as of the Close of Business on the Separation Distribution Date, at the address of such holder shown on the records of the Company, a Rights certificate, in substantially the form of Exhibit A hereto (the "Rights Certificates"), evidencing one Right for each Common Share so held. As of and after the Separation Date, the Rights will be evidenced solely by such Rights Certificates.such
(b) As promptly soon as practicable following the Record Date, the Company will send a copy of a Summary of Rights, in substantially the form attached hereto as Exhibit B C (the "Summary of Rights"), by first-class, class postage prepaid mail mail, to each record holder of Common Shares as of the Close of Business on the Record Date, at the address of such holder shown on the records of the Company. Until the Distribution Date the Rights will be evidenced by certificates for the Common Shares and the registered holders of the Common Shares will also be the registered holders of the associated Rights. Until the earlier of the Distribution Date, the Expiration Date or the Final Expiration Date, the transfer of any certificates representing Common Shares in respect of which Rights have been issued will also constitute the transfer of the Rights associated with such Common Shares represented by such certificate.
(c) Certificates for the Rights will be issued in respect of all Common Shares which are issued (including reissuance of treasury shares) after the Record Date but prior to the earlier of the Separation Distribution Date or the Expiration Date (as hereinafter defined) and the certificates representing such Common Shares shall also be deemed also to be certificates for Rights (and Rights shall be issued in respect thereof), and Rights. All certificates issuable after the Record Date whether by reason of transfer of record ownership or the issuance of additional shares shall bear the following legend: "This certificate also evidences and entitles the holder hereof to certain Rights as set forth in the Rights Agreement between Coachmen Industries, Inc. Lancaster Colony Corporation (the "Company") and First Chicago Trust Company of New York, The Huntington National Bank (the "Rights Agent") dated as of January 5, 2000 and effective January 12April 20, 2000 (the "Rights Agreement"), the terms of which are hereby incorporated herein by reference and a copy of which is on file at the principal offices of the Company. Under certain circumstances, as set forth in the Rights Agreement, such Rights will be evidenced by separate certificates and will no longer be evidenced by this certificate. The Company will mail to the holder of this certificate a copy of the Rights Agreement Agreement, as in effect on the date of mailing, without charge promptly after receipt of a written request therefor. Under certain circumstancescircumstances set forth in the Rights Agreement, Rights beneficially owned by Acquiring Persons or any Affiliates or Associates thereof (as such term is defined in the Rights Agreement) and by any Person who is, was or becomes an Acquiring Person or any Associate or Affiliate of an Acquiring Person (as such terms are defined in the Rights Agreement), whether currently held by or on behalf of such Person or by any subsequent holder of such Rights holder, may become null and void."
(d) Subject to Section 13(h). The Rights will not be exercisable, after and will be void, so long as held by a holder in any jurisdiction where the Separation Date but prior requisite qualification to the Expiration Dateissuance to such holder, Rights shall only be issued in connection with the issuance of Common Shares upon or the exercise of stock options granted prior to the Separation Date or upon the exerciseby such holder, conversion or exchange of securities issued by the Company prior to the Separation Date; provided, however, that if, pursuant to the terms of any option, or exercise, conversion or exchange of securities, the number of shares issuable thereunder is adjusted after the Separation Date, the number of Rights issuable upon issuance of the shares Rights in such jurisdiction shall be equal only to the number of shares which would not have been issuable prior to the adjustmentobtained or be obtainable.
Appears in 1 contract
Issue of Rights Certificates. (a) Until On the Separation Record Date, (x) the Rights will be evidenced by the certificates for the Common Shares registered in the names of the holders of the Common Shares (which certificates for Common Shares shall be deemed also to be certificates for Rights) and not by separate certificates, and (y) the Rights will be transferable only in connection with the transfer of the underlying Common Shares (including a transfer to the Company). As or as soon as practicable after thereafter, the Separation DateCompany will make available (directly or, at the expense of the Company, through the Rights Agent will send or its transfer agent if the Rights Agent or transfer agent is directed by first-classthe Company and provided with all necessary information and documents) a copy of a Summary of Rights to Purchase Preferred Stock, insured, postage prepaid mailin substantially the form attached hereto as Exhibit B and which may be appended to certificates that represent shares of Common Stock (the “Summary of Rights”), to each record holder of the Common Shares Stock as of the Close of Business on the Separation DateRecord Date (other than any Acquiring Person or any Related Person of any Acquiring Person), at the address of such holder shown on the records of the CompanyCompany or transfer agent or register for Common Stock. With respect to certificates representing shares of Common Stock (or Book Entry shares of Common Stock) outstanding as of the Record Date, a Rights certificate, in substantially until the form of Exhibit A hereto (the "Rights Certificates"), evidencing one Right for each Common Share so held. As of and after the Separation Distribution Date, the Rights will shall be evidenced solely by such shares of Common Stock registered in the names of the holders thereof together with the Summary of Rights, and not by separate Rights Certificates. With respect to Book Entry shares of Common Stock outstanding as of the Record Date, until the Distribution Date, the Rights shall be evidenced by the balances indicated in the Book Entry account system of the transfer agent for the Common Stock together with the Summary of Rights. Until the earlier of the Distribution Date and the Expiration Date, the transfer of any shares of Common Stock outstanding on the Record Date (whether represented by certificates or evidenced by the balances indicated in the Book Entry account system of the transfer agent for the Common Stock, and, in either case, regardless of whether a copy of the Summary of Rights is submitted with the surrender or request for transfer), shall also constitute the transfer of the Rights associated with such shares of Common Stock.
(b) As promptly as practicable following the Record DateRights shall be issued, the Company will send a copy of a Summary of Rightswithout any further action, in substantially the form attached hereto as Exhibit B (the "Summary respect of Rights"), by first-class, postage prepaid mail to each record holder all shares of Common Shares as of the Close of Business on the Record Date, at the address of such holder shown on the records of Stock that become outstanding (whether originally issued or delivered from the Company.
(c) Certificates for the Common Shares issued (including reissuance of treasury shares’s treasury) after the Record Date but prior to the earlier of the Separation Distribution Date or and the Expiration Date (as hereinafter defined) shall be deemed Date; provided, however, that Rights also to be certificates for Rights (and Rights shall be issued to the extent provided in respect thereof)Section 22 hereof. Confirmation and account statements sent to holders of Common Stock for Book Entry form or, and in the case of certificated shares, certificates, representing such shares of Common Stock, issued after the Record Date shall bear a legend substantially in the following legendform: "“[This certificate certificate] [These shares] also evidences evidence[s] and entitles entitle[s] the holder hereof to certain Rights as set forth in the Rights Agreement a Tax Benefits Preservation Plan by and between Coachmen IndustriesBonanza Creek Energy, Inc. Inc., a Delaware corporation (the "“Company"”), and Broadridge Corporate Issuer Solutions, Inc., or any successor Rights Agent (the “Rights Agent”) and First Chicago Trust Company of New York, dated as of January 5November 9, 2000 and effective January 122020, 2000 as the same may be amended or supplemented from time to time (the "“Rights Agreement"”), the terms of which are hereby incorporated herein by reference and a copy of which is on file at the principal executive offices of the Company. Under certain circumstances, as set forth in the Rights Agreement, such Rights will shall be evidenced by separate certificates and will no longer be evidenced by [this certificate] [these shares]. The Company will mail to the holder of [this certificate certificate] [these shares] a copy of the Rights Agreement as in effect on the date of mailing without charge promptly after receipt of a written request therefor. Under certain circumstances, as set forth in the Rights beneficially owned Agreement, Rights that are Beneficially Owned by any Person who is, was or becomes an Acquiring Persons Person or any Affiliates or Associates Related Person thereof (as such capitalized terms are defined in the Rights Agreement) and any subsequent holder ), or specified transferees of such Rights Acquiring Person (or Related Person thereof) may become null and voidvoid and will no longer be transferable."
” With respect to all certificates representing shares of Common Stock containing the foregoing legend in substantially similar form, until the earlier of the Distribution Date and the Expiration Date, the Rights associated with the Common Stock represented by such certificates shall be evidenced by such certificates alone and registered holders of Common Stock shall also be the registered holders of the associated Rights, and the transfer of any such certificate shall also constitute the transfer of the Rights associated with the shares of Common Stock represented by such certificates. With respect to Common Stock in Book Entry form for which there has been sent a confirmation or account statement containing the foregoing legend in substantially similar form, until the earlier of the Distribution Date and the Expiration Date, the Rights associated with the Common Stock shall be evidenced by such Common Stock alone and registered holders of Common Stock shall also be the registered holders of the associated Rights, and the transfer of any such Common Stock shall also constitute the transfer of the Rights associated with such shares of Common Stock. Notwithstanding this paragraph (d) Subject to Section 13(hb), the omission of the legend or the failure to send, deliver or provide the registered owner of shares of Common Stock a copy of the Summary of Rights shall not affect the enforceability of any part of this Agreement or the rights of any holder of the Rights. In the event that the Company purchases or otherwise acquires any shares of Common Stock after the Separation Record Date but prior to the Expiration Distribution Date, any Rights associated with such shares of Common Stock shall be cancelled and retired so that the Company is not entitled to exercise any Rights associated with the shares of Common Stock that are no longer outstanding.
(c) Until the Distribution Date, the Rights shall be transferable only be issued in connection with the issuance transfer of the underlying shares of Common Shares upon the exercise of stock options granted prior Stock (including a transfer to the Separation Date Company).
(d) As soon as practicable after the Distribution Date, the Company will prepare and execute, and upon written request of the Company, the Rights Agent will countersign and the Company will send or upon cause to be sent (and the exerciseRights Agent will, conversion or exchange of securities issued if so requested by the Company prior in writing and provided with all necessary information and documents, at the expense of the Company, send) by first-class, insured, postage-prepaid mail, to the Separation Date; provided, however, that if, pursuant to the terms of any option, or exercise, conversion or exchange of securities, the number each record holder of shares issuable thereunder is adjusted after of Common Stock as of the Separation DateClose of Business on the Distribution Date (other than any Acquiring Person or any Related Person of an Acquiring Person), at the address of such holder shown on the records of the Company, one or more rights certificates, in substantially the form of Exhibit C hereto (the “Rights Certificate”), evidencing one Right for each share of Common Stock so held, subject to adjustment as provided herein. In the event that an adjustment in the number of Rights issuable upon issuance per share of Common Stock has been made pursuant to Section 11 hereof, at the time of distribution of the shares Rights Certificates, the Company may make the necessary and appropriate rounding adjustments (in accordance with Section 14(a) hereof) so that Rights Certificates representing only whole numbers of Rights are distributed and, if such adjustments are made, the Company may pay cash in lieu of any fractional Rights (in accordance with Section 14(a) hereof). As of and after the Distribution Date, the Rights shall be equal only to evidenced solely by such Rights Certificates, and the number Rights Certificates and the Rights shall be transferable separately from the transfer of shares which would have been issuable Common Stock. The Company shall promptly notify the Rights Agent in writing upon the occurrence of the Distribution Date and, if such notification is given orally, the Company shall confirm the same in writing on or prior to the adjustmentBusiness Day next following. Until such written notice is received by the Rights Agent, the Rights Agent may presume conclusively for all purposes that the Distribution Date has not occurred.
Appears in 1 contract
Sources: Tax Benefits Preservation Plan (Bonanza Creek Energy, Inc.)
Issue of Rights Certificates. (a) Until the Separation Distribution Date, (x) the Rights will be evidenced (subject to the provisions of paragraph (b) of this Section 3) by the certificates for the Common Shares Stock registered in the names of the holders of the Common Shares (which certificates for Common Shares shall be deemed also to be certificates for Rights) Stock and not by separate certificates, and (y) the Rights will be transferable only in connection with the transfer of the underlying shares of Common Shares Stock (including a transfer to the Company). As soon as practicable after the Separation Distribution Date, the Rights Agent will send by first-class, insured, postage prepaid mail, to each record holder of the Common Shares Stock as of the Close close of Business business on the Separation DateDistribution Date (other than any Person referred to in the first sentence of Section 7(e)), at the address of such holder shown on the records of the Company, a Rights certificate, in substantially the form of Exhibit A hereto (the "one or more Rights Certificates"), evidencing one Right for each share of Common Share Stock so held, subject to adjustment as provided herein. In the event that an adjustment in the number of Rights per share of Common Stock has been made pursuant to Section 11(p) hereof, at the time of distribution of the Rights Certificates, the Company shall make the necessary and appropriate rounding adjustments (in accordance with Section 14(a) hereof) so that Rights Certificates representing only whole numbers of Rights are distributed and cash is paid in lieu of any fractional Rights. As of and after the Separation Distribution Date, the Rights will be evidenced solely by such Rights Certificates.
(b) As promptly as practicable following the Record Date, the Company will send a copy of a Summary of Rights, in substantially the form attached hereto as Exhibit B (the "Summary of Rights")C, by first-class, postage prepaid mail mail, to each record holder of Common Shares Stock as of the Close close of Business business on the Record Date, at the address of such holder shown on the records of the Company. With respect to certificates for Common Stock outstanding as of the Record Date, until the Distribution Date or the earlier surrender for transfer thereof or the Expiration Date, the Rights associated with the shares of Common Stock represented by such certificates shall be evidenced by such certificates for Common Stock together with the Summary of Rights, and the registered holders of the Common Stock shall also be the registered holders of the associated Rights. Until the earlier of the Distribution Date or the Expiration Date, the transfer of any of the certificates for Common Stock outstanding on the Record Date, with or without a copy of the Summary of Rights, shall also constitute the transfer of the Rights associated with the Common Stock represented by such certificates.
(c) Certificates for the Rights shall be issued in respect of all shares of Common Shares Stock that are issued (including reissuance of treasury shareswhether originally issued or delivered from the Company's treasury) after the Record Date but prior to the earlier of the Separation Distribution Date or the Expiration Date (as hereinafter defined) or, in certain circumstances provided in Section 22 hereof, after the Distribution Date. Certificates issued representing such shares of Common Stock that shall so become outstanding or shall be transferred or exchanged after the Record Date but prior to the earlier of the Distribution Date or the Expiration Date shall also be deemed also to be certificates for Rights (and Rights shall be issued in respect thereof)Rights, and shall bear the following legend: "This certificate also evidences and entitles the holder hereof to certain Rights as set forth in the Rights Agreement between Coachmen IndustriesU.S. Concrete, Inc. (the "Company") and First Chicago American Stock Transfer & Trust Company of New York, (the "Rights Agent") dated as of January 5May 10, 2000 and effective January 12, 2000 1999 as it may from time to time be supplemented or amended (the "Rights Agreement"), the terms of which are hereby incorporated herein by reference and a copy of which is on file at the principal offices of the Company. Under certain circumstances, as set forth in the Rights Agreement, such Rights will may be redeemed, may be exchanged, may expire or may be evidenced by separate certificates and will no longer be evidenced by this certificate. The Company will mail to the holder of this certificate a copy of the Rights Agreement Agreement, as in effect on the date of mailing, without charge promptly after receipt of a written request therefor. Under certain circumstancesUNDER CERTAIN CIRCUMSTANCES SET FORTH IN THE RIGHTS AGREEMENT, Rights beneficially owned by Acquiring Persons or any Affiliates or Associates thereof RIGHTS BENEFICIALLY OWNED BY OR TRANSFERRED TO ANY PERSON WHO IS, WAS OR BECOMES AN ACQUIRING PERSON OR AN AFFILIATE OR ASSOCIATE THEREOF (as defined in the Rights Agreement) and any subsequent holder of such Rights may become null and void."
(d) Subject to Section 13(hAS SUCH TERMS ARE DEFINED IN THE RIGHTS AGREEMENT), after AND CERTAIN TRANSFEREES THEREOF, WILL BECOME NULL AND VOID AND WILL NO LONGER BE TRANSFERABLE. With respect to such certificates containing the Separation foregoing legend, until the earlier of the Distribution Date but prior to or the Expiration Date, the Rights shall only be issued in connection associated with the issuance Common Stock represented by such certificates shall be evidenced by such certificates alone, and registered holders of Common Shares upon Stock shall also be the exercise registered holders of stock options granted prior to the Separation Date or upon associated Rights, and the exercise, conversion or exchange of securities issued by the Company prior to the Separation Date; provided, however, that if, pursuant to the terms transfer of any option, or exercise, conversion or exchange of securities, such certificates shall also constitute the number of shares issuable thereunder is adjusted after the Separation Date, the number of Rights issuable upon issuance transfer of the shares shall be equal only to Rights associated with the number of shares which would have been issuable prior to the adjustmentCommon Stock represented by such certificates.
Appears in 1 contract
Sources: Rights Agreement (Us Concrete Inc)
Issue of Rights Certificates. (a) Until the Separation Distribution Date, (x) the Rights will be evidenced by the certificates for the Common Shares Stock registered in the names of the holders of the Common Shares (which certificates for Common Shares shall be deemed also to be certificates for Rights) Stock and not by separate certificates, and (y) the Rights will be transferable only in connection with the transfer of the underlying shares of Common Shares Stock (including a transfer to the Company). As soon as practicable after the Separation Distribution Date, the Rights Agent will send by first-class, insured, postage prepaid mail, to each record holder of the Common Shares Stock as of the Close close of Business business on the Separation DateDistribution Date (other than any Person referred to in the first sentence of Section 7(e)), at the address of such holder shown on the records of the Company, a Rights certificate, in substantially the form of Exhibit A hereto (the "one or more Rights Certificates"), evidencing one Right for each share of Common Share Stock so held, subject to adjustment as provided herein. In the event that an adjustment in the number of Rights per share of Common Stock has been made pursuant to Section 11(p) hereof, at the time of distribution of the Rights Certificates, the Company shall make the necessary and appropriate rounding adjustments (in accordance with Section 14(a) hereof) so that Rights Certificates representing only whole numbers of Rights are distributed and cash is paid in lieu of any fractional Rights. As of and after the Separation Distribution Date, the Rights will be evidenced solely by such Rights Certificates.
(b) As promptly as practicable following the Record Date, the Company One Right will send a copy be issued in respect of a Summary of Rights, in substantially the form attached hereto as Exhibit B (the "Summary of Rights"), by first-class, postage prepaid mail to each record holder share of Common Shares Stock issued and outstanding as of the Close close of Business business on the Record Date, at . Certificates issued for such shares of Common Stock and for shares of Common Stock that are issued or shall be transferred or exchanged after the address of such holder shown on Record Date but prior to the records earlier of the CompanyDistribution Date or the Expiration Date shall also be deemed to be certificates for Rights, and shall bear the legend referred to in paragraph (c) of this Section 3.
(c) Certificates for the Rights shall be issued in respect of all shares of Common Shares Stock that are issued (including reissuance of treasury shareswhether originally issued or delivered from the Company’s treasury) after the Record Date but prior to the earlier of the Separation Distribution Date or the Expiration Date (as hereinafter defined) or, in certain circumstances provided in Section 22 hereof, after the Distribution Date. Certificates issued for shares of Common Stock that shall so become outstanding or shall be transferred or exchanged after the Record Date but prior to the earlier of the Distribution Date or the Expiration Date shall also be deemed also to be certificates for Rights (and Rights shall be issued in respect thereof)Rights, and shall bear the following legend: "This certificate also evidences and entitles the holder hereof to certain Rights as set forth in the Rights Agreement between Coachmen Industries, Inc. ION Geophysical Corporation (the "“Company"”) and First Chicago Computershare Trust Company of New YorkCompany, N.A. (the “Rights Agent”), dated as of January 5December 30, 2000 and effective January 122008, 2000 as it may from time to time be supplemented or amended (the "“Rights Agreement"”), the terms of which are hereby incorporated herein by reference and a copy of which is on file at the principal offices of the Company. Under certain circumstances, as set forth in the Rights Agreement, such Rights will may be redeemed, may be exchanged, may expire or may be evidenced by separate certificates and will no longer be evidenced by this certificate. The Company or the Rights Agent will mail to the holder of this certificate a copy of the Rights Agreement Agreement, as in effect on the date of mailing, without charge promptly after receipt of a written request therefor. Under certain circumstancesUNDER CERTAIN CIRCUMSTANCES SET FORTH IN THE RIGHTS AGREEMENT, Rights beneficially owned by Acquiring Persons RIGHTS BENEFICIALLY OWNED BY OR TRANSFERRED TO ANY PERSON WHO IS, WAS OR BECOMES AN ACQUIRING PERSON OR AN AFFILIATE OR ASSOCIATE THEREOF (AS SUCH TERMS ARE DEFINED IN THE RIGHTS AGREEMENT), AND CERTAIN TRANSFEREES THEREOF, WILL BECOME NULL AND VOID AND WILL NO LONGER BE TRANSFERABLE. With respect to such certificates containing the foregoing legend, until the earlier of the Distribution Date or any Affiliates or Associates thereof (as defined in the Expiration Date, the Rights Agreement) associated with the Common Stock represented by such certificates shall be evidenced by such certificates alone, and registered holders of Common Stock shall also be the registered holders of the associated Rights, and the transfer of any subsequent holder of such certificates shall also constitute the transfer of the Rights may become null and void."
(d) Subject to Section 13(h), associated with the Common Stock represented by such certificates. If the Company purchases or acquires any shares of Common Stock after the Separation Record Date but prior to the Expiration Distribution Date, any Rights associated with such shares of Common Stock shall only be issued in connection deemed canceled and retired so that the Company shall not be entitled to exercise any Rights associated with the issuance shares of Common Shares upon the exercise of stock options granted prior to the Separation Date or upon the exercise, conversion or exchange of securities issued by the Company prior to the Separation Date; provided, however, that if, pursuant to the terms of any option, or exercise, conversion or exchange of securities, the number of shares issuable thereunder is adjusted after the Separation Date, the number of Rights issuable upon issuance of the shares shall be equal only to the number of shares Stock which would have been issuable prior to the adjustmentare no longer outstanding.
Appears in 1 contract
Issue of Rights Certificates. (a) Until the Separation Date, (x) the Rights will be evidenced by the certificates for the Common Shares registered in the names of the holders of the Common Shares (which certificates for Common Shares shall be deemed also to be certificates for Rights) and not by separate certificates, and (y) the Rights will be transferable only in connection with the transfer of the underlying Common Shares (including a transfer to the Company). As soon as practicable after the Separation Date, the Rights Agent will send by first-class, insured, postage prepaid mail, to each record holder of the Common Shares as of the Close of Business on the Separation Date, at the address of such holder shown on the records of the Company, a Rights certificate, in substantially the form of Exhibit A hereto (the "Rights Certificates"), evidencing one Right for each Common Share so held. As of and after the Separation Date, the Rights will be evidenced solely by such Rights Certificates.
(b) As promptly as practicable following the Record Date, the Company will send or deliver a copy of a Summary of RightsRights to Purchase Preferred Stock, in substantially the form attached hereto as Exhibit B (the "“Summary of Rights"”), by first-class, postage prepaid mail to each record holder of Common Shares Stock as of the Close of Business on the Record Date, Date at the address of such holder shown on the records of the Company. With respect to certificates for shares of Common Stock outstanding as of the Record Date, until the Distribution Date, the Rights will be evidenced by such certificates for the Common Stock and the registered holders of the Common Stock shall also be the registered holders of the associated Rights. Until the Distribution Date (or the earlier Expiration Date or Final Expiration Date), the transfer of any certificate representing shares of Common Stock in respect of which Rights have been issued shall also constitute the transfer of the Rights associated with the shares of Common Stock represented thereby.
(cb) Certificates for the Rights shall be issued in respect of all shares of Common Shares Stock issued (including reissuance of treasury shareswhether originally issued or from the Company’s treasury) after the Record Date but prior to the earlier of the Separation Distribution Date or the Expiration Date or the Final Expiration Date. Rights shall also be issued to the extent provided in Section 22 in respect of all shares of Common Stock which are issued (as hereinafter definedwhether originally issued or from the Company’s treasury) after the Distribution Date and prior to the Expiration Date. Certificates representing such shares of Common Stock shall also be deemed also to be certificates for Rights (and Rights shall be issued in respect thereof)Rights, and shall bear the following legend: "legend (in addition to any other legends that may be required): This certificate also evidences and entitles the holder hereof to certain Rights as set forth in the a Rights Agreement between Coachmen IndustriesOn Assignment, Inc. (the "“Company"”) and First Chicago Trust Company of New York, U.S. Stock Transfer Corporation (the “Rights Agent”) dated as of January 5June 4, 2000 and effective January 122003, 2000 as the same may be amended from time to time (the "“Rights Agreement"”), the terms of which are hereby incorporated herein by reference and a copy of which is on file at the principal executive offices of the Company. Under certain circumstances, as set forth in the Rights Agreement, such Rights will be evidenced by separate certificates and will no longer be evidenced by this certificate. The Company will mail to the holder of this certificate a copy of the Rights Agreement as in effect on the date of mailing without charge promptly after receipt of a written request therefor. Under certain circumstancescircumstances set forth in the Rights Agreement, Rights beneficially owned by issued to, or held by, any Person who is, was or becomes an Acquiring Persons Person or any Affiliates Affiliate or Associates Associate thereof (as such terms are defined in the Rights Agreement) and ), whether currently held by or on behalf of such Person or by any subsequent holder of such Rights holder, may become null and void. With respect to such certificates containing the foregoing legend, until the earlier of (i) the Distribution Date or (ii) the Expiration Date, the Rights associated with the Common Stock represented by such certificates shall be evidenced by such certificates alone and registered holders of Common Stock shall also be the registered holders of the associated Rights, and the transfer of any such certificate shall also constitute the transfer of the Rights associated with the Common Stock represented thereby."
(c) Until the Distribution Date (i) the Rights will be evidenced (subject to the provisions of paragraph (a) of this Section 3) by the certificates for Common Stock registered in the names of the holders thereof (which certificates for Common Stock shall also be deemed to be Rights Certificates) and not by separate Rights Certificates, and (ii) the Rights will be transferable only in connection with the transfer of the underlying shares of Common Stock (including a transfer to the Company). The Company shall give the Rights Agent prompt written notice of the Distribution Date.
(d) Subject As soon as practicable after the Distribution Date and receipt of written notice of the Distribution Date from the Company, the Rights Agent upon notification thereof will, at the Company’s expense, send by first-class, insured, postage prepaid mail, to Section 13(heach record holder of Common Stock as of the Close of Business on the Distribution Date, at the address of such holder shown on the records of the Company, a rights certificate, in substantially the form of Exhibit C hereto (the “Rights Certificate”), after the Separation Date but prior to the Expiration Date, Rights shall only be issued in connection with the issuance evidencing one Right for each share of Common Shares upon Stock so held, subject to adjustment as provided herein. In the exercise of stock options granted prior to the Separation Date or upon the exercise, conversion or exchange of securities issued by the Company prior to the Separation Date; provided, however, event that if, pursuant to the terms of any option, or exercise, conversion or exchange of securities, the number of shares issuable thereunder is adjusted after the Separation Date, an adjustment in the number of Rights issuable upon issuance per share of Common Stock has been made pursuant to Section 11 hereof, at the time of distribution of the shares Rights Certificates, the Company shall make necessary and appropriate rounding adjustments (in accordance with Section 14(a) hereof) so that Rights Certificates representing only whole numbers of Rights are distributed and cash is paid in lieu of any fractional Rights. As of and after the Distribution Date, the Rights will be equal only to the number of shares which would have been issuable prior to the adjustmentevidenced solely by such Rights Certificates.
Appears in 1 contract
Sources: Rights Agreement (On Assignment Inc)
Issue of Rights Certificates. (a) Until the Separation Distribution Date, (x) the Rights will be evidenced (subject to the provisions of paragraph (b) of this Section 3) by the certificates for the Common Shares registered in the names of the holders of the Common Shares (which certificates for Common Shares shall be deemed also to be certificates for Rights) and not by separate certificates, and (y) the Rights will be transferable only in connection with the transfer of the underlying the Common Shares (including a transfer to the Company). As soon as practicable after the Separation Distribution Date, the Rights Agent will send by first-first class, insured, postage prepaid mail, to each record holder of the Common Shares as of the Close close of Business business on the Separation Distribution Date, at the address of such holder shown on the records of the Company, a Rights certificate, in substantially the form of Exhibit A hereto (the "one or more Rights Certificates"), evidencing one Right for each Common Share so held, subject to adjustment as provided herein. In the event that an adjustment in the number of Rights per Common Share has been made pursuant to the provisions of this Agreement, at the time of distribution of the Right Certificates, the Company shall make the necessary and appropriate rounding adjustments (in accordance with Section 14(a) hereof) so that Rights Certificates representing only whole numbers of Rights are distributed and cash is paid in lieu of any fractional Rights. As of and after the Separation Distribution Date, the Rights will be evidenced solely by such Rights Certificates.
(b) As promptly With respect to certificates for the Common Shares outstanding as practicable following of the Record Date, until the Company will send Distribution Date or the earlier surrender for transfer thereof or the Expiration Date, the Rights associated with the Common Shares represented by such certificates shall be evidenced by such certificates for the Common Shares together with a copy of a the Summary of Rights, in substantially and the form attached hereto as Exhibit B (registered holders of the "Summary of Rights"), by first-class, postage prepaid mail to each record holder of Common Shares as shall also be the registered holders of the Close associated Rights. Until the earlier of Business the Distribution Date or the Expiration Date, the transfer of any of the certificates for the Common Shares outstanding on the Record Date, at the address of such holder shown on the records with or without a copy of the CompanySummary of Rights attached thereto, shall also constitute the transfer of the Rights associated with the Common Shares represented by such certificates.
(c) Certificates for Rights shall be issued in respect of all the Common Shares that are issued (including reissuance of treasury shareswhether originally issued or from the Company's treasury) after the Record Date but prior to the earlier of the Separation Distribution Date or the Expiration Date (as hereinafter defined) expiration or redemption of the Rights or, in certain circumstances provided in Section 22 hereof, after the Distribution Date. Certificates issued for the Common Shares that shall so become outstanding or shall be transferred or exchanged after the Record Date but prior to the earlier of the Distribution Date or the expiration or redemption of the Rights shall also be deemed also to be certificates for Rights (and Rights shall be issued in respect thereof)Rights, and shall bear the following legend: "This certificate also evidences and entitles the holder hereof to certain Rights as set forth in the Rights Agreement between Coachmen IndustriesSI Diamond Technology, Inc. (the "Company") and First Chicago Trust Company of New YorkAmerican Securities Transfer, Incorporated (the "Rights Agent") dated as of January 5June 18, 2000 and effective January 121998, 2000 as it may from time to time be supplemented or amended (the "Rights Agreement"), the terms of which are hereby incorporated herein by reference and a copy of which is on file at the principal offices of the Company. Under certain circumstances, as set forth in the Rights Agreement, such Rights will may be redeemed, may be exchanged, may expire or may be evidenced by separate certificates and will no longer be evidenced by this certificate. The Company will mail to the holder of this certificate a copy of the Rights Agreement Agreement, as in effect on the date of mailing, without charge promptly after receipt of a written request therefor. Under certain circumstancescircumstances set forth in the Rights Agreement, Rights beneficially owned by issued to, or held by, any Person who is, was or becomes an Acquiring Persons Person or any Affiliates Affiliate or Associates Associate thereof (as such terms are defined in the Rights Agreement) and ), whether currently held by or on behalf of such Person or by any subsequent holder of such Rights may holder, will become null and void."
. With respect to such certificates containing the foregoing legend, until the earlier of (di) Subject to Section 13(h)the Distribution Date or (ii) the expiration or redemption of the Rights, after the Separation Date but prior to the Expiration Date, Rights shall only be issued in connection associated with the issuance of Common Shares upon represented by such certificates shall be evidenced by such certificates alone, and registered holders of the exercise Common Shares shall also be the registered holders of stock options granted prior to the Separation Date or upon associated Rights, and the exercise, conversion or exchange of securities issued by the Company prior to the Separation Date; provided, however, that if, pursuant to the terms transfer of any option, or exercise, conversion or exchange of securities, such certificates shall also constitute the number of shares issuable thereunder is adjusted after the Separation Date, the number of Rights issuable upon issuance transfer of the shares shall be equal only to Rights associated with the number of shares which would have been issuable prior to the adjustmentCommon Shares represented by such certificates.
Appears in 1 contract
Issue of Rights Certificates. (a) Until the Separation Date, (xi) the Rights will be evidenced by the certificates for the Common Shares Stock registered in the names of the holders of the Common Shares Stock (which certificates for Common Shares Stock shall be deemed also to be certificates for Rights) and not by separate certificates, and (yii) the Rights will be transferable only in connection with the transfer of the underlying shares of Common Shares Stock (including a transfer to the Company). .
(b) As soon as practicable after the Separation Date, the Rights Agent will send by first-class, insured, postage prepaid mail, to each record holder of the Common Shares Stock as of the Close of Business on the Separation Date, at the address of such holder shown on the records of the Company, a Rights certificate, in substantially the form of Exhibit A hereto certificate (the "Rights CertificatesRIGHTS CERTIFICATE"), evidencing one Right (as adjusted from time to time prior to the Separation Date pursuant to this Agreement) for each share of Common Share Stock so held. As of and after the Separation Date, the Rights will be evidenced solely by such Rights Certificates.
(bc) As promptly soon as practicable following after the Record Date, the Company will send a copy of a Summary of Rights, in substantially the form attached hereto as Exhibit B (the "Summary of RightsSUMMARY OF RIGHTS"), by first-class, postage prepaid mail to each record holder of the Common Shares Stock as of the Close of Business on the Record Date, at the address of such holder shown on the records of the Company.
(cd) Certificates for the Common Shares Stock issued (including reissuance of treasury shares) after the Record Date Date, but prior to the earlier of the Separation Date or the Expiration Date (as hereinafter defined) ), shall be deemed also to be certificates for Rights (and Rights shall be issued in respect thereof)Rights, and shall bear the following legend: "This certificate also evidences and entitles the holder hereof to certain Rights as set forth in the Rights Agreement between Coachmen ▇▇▇▇ Industries, Inc. (the "Company") and First Chicago Firstar Trust Company of New YorkCompany, dated as of January 5August 4, 2000 and effective January 12, 2000 1998 (the "Rights Agreement"), the terms of which are hereby incorporated herein by reference and a copy of which is on file at the principal offices of the Company. Under certain circumstances, as set forth in the Rights Agreement, such Rights will be evidenced by separate certificates and will no longer be evidenced by this certificate. The Company will mail to the holder of this certificate a copy of the Rights Agreement without charge promptly after receipt of a written request therefor. Under certain circumstances, Rights beneficially owned by Acquiring Persons or any Affiliates or Associates thereof (as defined in the Rights Agreement) become null and any subsequent void and the holder of such Rights may become null and void(including any subsequent holder) shall not have any right to exercise the Rights."
(de) Subject to Section 13(h), after After the Separation Date Date, but prior to the Expiration Date, Rights shall only be issued in connection with the issuance of Common Shares Stock upon the exercise of stock options granted prior to the Separation Date or upon the exercise, conversion pursuant to other benefits under any employee plan or exchange of securities issued by the Company arrangement established prior to the Separation Date; provided, however, that if, pursuant to the terms of any option, option or exercise, conversion or exchange of securitiesother benefit plan, the number of shares issuable thereunder is adjusted after the Separation Date, the number of Rights issuable upon issuance of the shares shall be equal only to the number of shares which would have been issuable prior to the adjustment.
Appears in 1 contract
Issue of Rights Certificates. (a) Until Prior to the Separation Distribution Date, (xi) the Rights will be evidenced by the certificates for the Common Shares Stock and the registered in the names of the holders of the Common Shares (which certificates for Common Shares Stock shall be deemed also to be certificates for the registered holders of the associated Rights) and not by separate certificates, and (yii) the Rights will be transferable only in connection with the transfer of the underlying shares of Common Shares (including a transfer to the Company)Stock. As soon as practicable after the Separation Date, the Rights Agent will send by first-class, insured, postage prepaid mail, to each record holder of the Common Shares as of the Close of Business on the Separation Date, at the address of such holder shown on the records of the Company, a Rights certificate, in substantially the form of Exhibit A hereto (the "Rights Certificates"), evidencing one Right for each Common Share so held. As of and after the Separation Date, the Rights will be evidenced solely by such Rights Certificates.
(b) As promptly as practicable following after the Record Date, the Company will send a copy of a Summary of RightsRights to Purchase Preferred Stock, in substantially the form attached hereto as Exhibit B (the "Summary of Rights")B, by first-class, postage prepaid mail mail, to each record holder of Common Shares Stock as of the Close of Business on the Record Date, Date at the address of such holder shown on the records of the Company.
(cb) Certificates for Rights shall be issued in respect of all shares of Common Stock outstanding as of the Common Shares Record Date or issued (including reissuance of treasury shares) after the Record Date but prior to the earlier of the Separation Distribution Date or and the Expiration Date. Rights shall also be issued to the extent provided in Section 22 in respect of all shares of Common Stock which are issued after the Distribution Date and prior to the Expiration Date.
(c) Certificates representing shares of Common Stock issued after the Record Date but prior to the earlier of the Distribution Date and the Expiration Date (as hereinafter defined) shall be deemed also have impressed on, printed on, written on or otherwise affixed to be certificates for Rights (and Rights shall be issued in respect thereof), and shall bear them the following legend: "This certificate also evidences and entitles the holder hereof to certain Rights as set forth in the a Rights Agreement between Coachmen IndustriesFLIR Systems, Inc. (the "Company") and First Chicago Trust Company of New YorkChaseMellon Shareholder Services, L.L.C. (the "Rights Agent") dated as of January 5June 2, 2000 and effective January 12, 2000 1999 (the "Rights Agreement"), the terms of which are hereby incorporated herein by reference and a copy of which is on file at the principal executive offices of the Company. Under certain circumstances, as set forth in the Rights Agreement, such Rights will be evidenced by separate certificates and will no longer be evidenced by this certificate, may be redeemed or exchanged or may expire. The Company will mail to the holder of this certificate a copy of the Rights Agreement as in effect on the date of mailing without charge promptly after receipt of a written request therefor. Under certain circumstancescircumstances set forth in the Rights Agreement, Rights beneficially owned by issued to, or held by, any Person who is, was or becomes an Acquiring Persons Person or any Affiliates Affiliate or Associates Associate thereof (as such terms are defined in the Rights Agreement) and ), whether currently held by or on behalf of such Person or by any subsequent holder of such Rights holder, may become null and void."
(d) Subject to Section 13(h), after the Separation Date but prior to the Expiration Date, Rights shall only be issued in connection with the issuance of Common Shares upon the exercise of stock options granted prior to the Separation Date or upon the exercise, conversion or exchange of securities issued by the Company prior to the Separation Date; provided, however, that if, pursuant to the terms of any option, or exercise, conversion or exchange of securities, the number of shares issuable thereunder is adjusted after the Separation Date, the number of Rights issuable upon issuance of the shares shall be equal only to the number of shares which would have been issuable prior to the adjustment.
Appears in 1 contract
Sources: Rights Agreement (Flir Systems Inc)
Issue of Rights Certificates. (a) Until the Separation Distribution Date, (x) the Rights will be evidenced by the certificates for the Common Shares Stock registered in the names of the holders of the Common Shares (which certificates for Common Shares shall be deemed also to be certificates for Rights) Stock and not by separate certificates, and (y) the Rights will be transferable only in connection with the transfer of the underlying shares of Common Shares Stock (including a transfer to the Company). As soon as practicable after the Separation Distribution Date, the Rights Agent will send by first-class, insured, postage prepaid mail, to each record holder of the Common Shares Stock as of the Close close of Business business on the Separation DateDistribution Date (other than any Person referred to in the first sentence of Section 7(e) hereof), at the address of such holder shown on the records of the Company, a Rights certificate, in substantially the form of Exhibit A hereto (the "one or more Rights Certificates"), evidencing one Right for each share of Common Share Stock so held, subject to adjustment as provided herein. In the event that an adjustment in the number of Rights per share of Common Stock has been made pursuant to Section 11(p) hereof, at the time of distribution of the Rights Certificates, the Company shall make the necessary and appropriate rounding adjustments (in accordance with Section 14(a) hereof) so that Rights Certificates representing only whole numbers of Rights are distributed and cash is paid in lieu of any fractional Rights. As of and after the Separation Distribution Date, the Rights will be evidenced solely by such Rights Certificates.
(b) As promptly as practicable following the Record Date, the Company One Right will send a copy be issued in respect of a Summary of Rights, in substantially the form attached hereto as Exhibit B (the "Summary of Rights"), by first-class, postage prepaid mail to each record holder share of Common Shares Stock issued and outstanding as of the Close close of Business business on the Record Date, at . Certificates issued for such shares of Common Stock and for shares of Common Stock that are issued or shall be transferred or exchanged after the address of such holder shown on Record Date but prior to the records earlier of the CompanyDistribution Date or the Expiration Date shall also be deemed to be certificates for Rights, and shall bear the legend referred to in paragraph (c) of this Section 3.
(c) Certificates for the Rights shall be issued in respect of all shares of Common Shares Stock that are issued (including reissuance of treasury shareswhether originally issued or delivered from the Company’s treasury) after the Record Date but prior to the earlier of the Separation Distribution Date or the Expiration Date (as hereinafter defined) or, in certain circumstances provided in Section 22 hereof, after the Distribution Date. Certificates issued for shares of Common Stock that shall so become outstanding or shall be transferred or exchanged after the Record Date but prior to the earlier of the Distribution Date or the Expiration Date shall also be deemed also to be certificates for Rights (and Rights shall be issued in respect thereof)Rights, and shall bear the following legend: "This certificate also evidences and entitles the holder hereof to certain Rights as set forth in the Rights Agreement between Coachmen IndustriesCommVault Systems, Inc. (the "“Company"”) and First Chicago Trust Registrar and Transfer Company of New York(the “Rights Agent”), dated as of January 5November 14, 2000 and effective January 12, 2000 2008 as it may from time to time be supplemented or amended (the "“Rights Agreement"”), the terms of which are hereby incorporated herein by reference and a copy of which is on file at the principal offices of the Company. Under certain circumstances, as set forth in the Rights Agreement, such Rights will may be redeemed, may be exchanged, may expire or may be evidenced by separate certificates and will no longer be evidenced by this certificate. The Company or the Rights Agent will mail to the holder of this certificate a copy of the Rights Agreement Agreement, as in effect on the date of mailing, without charge promptly after receipt of a written request therefor. Under certain circumstancesUNDER CERTAIN CIRCUMSTANCES SET FORTH IN THE RIGHTS AGREEMENT, Rights beneficially owned by Acquiring Persons RIGHTS BENEFICIALLY OWNED BY OR TRANSFERRED TO ANY PERSON WHO IS, WAS OR BECOMES AN ACQUIRING PERSON OR AN AFFILIATE OR ASSOCIATE THEREOF (AS SUCH TERMS ARE DEFINED IN THE RIGHTS AGREEMENT), AND CERTAIN TRANSFEREES THEREOF, WILL BECOME NULL AND VOID AND WILL NO LONGER BE TRANSFERABLE. With respect to such certificates containing the foregoing legend, until the earlier of the Distribution Date or any Affiliates or Associates thereof (as defined in the Expiration Date, the Rights Agreement) associated with the Common Stock represented by such certificates shall be evidenced by such certificates alone, and registered holders of Common Stock shall also be the registered holders of the associated Rights, and the transfer of any subsequent holder of such certificates shall also constitute the transfer of the Rights may become null and void."
(d) Subject to Section 13(h), associated with the Common Stock represented by such certificates. If the Company purchases or acquires any shares of Common Stock after the Separation Record Date but prior to the Expiration Distribution Date, any Rights associated with such shares of Common Stock shall only be issued in connection deemed canceled and retired so that the Company shall not be entitled to exercise any Rights associated with the issuance shares of Common Shares upon the exercise of stock options granted prior to the Separation Date or upon the exercise, conversion or exchange of securities issued by the Company prior to the Separation Date; provided, however, that if, pursuant to the terms of any option, or exercise, conversion or exchange of securities, the number of shares issuable thereunder is adjusted after the Separation Date, the number of Rights issuable upon issuance of the shares shall be equal only to the number of shares Stock which would have been issuable prior to the adjustmentare no longer outstanding.
Appears in 1 contract
Issue of Rights Certificates. (a) Until the Separation Date, (x) the Rights will be evidenced by the certificates for the Common Shares registered in the names of the holders of the Common Shares (which certificates for Common Shares shall be deemed also to be certificates for Rights) and not by separate certificates, and (y) the Rights will be transferable only in connection with the transfer of the underlying Common Shares (including a transfer to the Company). As soon promptly as practicable after following the Separation Record Date, the Company shall send or deliver a copy of a Summary of Rights Agent will send by first-classto Purchase Preferred Stock, insured, postage prepaid mailin substantially the form attached hereto as Exhibit B (the “Summary of Rights”), to each record holder of the Common Shares Stock as of the Close of Business on the Separation Date, Record Date (other than any Acquiring Person or any Associate or Affiliate of any Acquiring Person) at the address of such holder shown on the records of the Company. With respect to certificates for shares of Common Stock outstanding as of the Record Date, a Rights certificate, in substantially until the form of Exhibit A hereto (the "Rights Certificates"), evidencing one Right for each Common Share so held. As of and after the Separation Distribution Date, the Rights will shall be evidenced solely by such certificates for the Common Stock and the registered holders of the Common Stock shall also be the registered holders of the associated Rights. Until the Distribution Date (or the earlier Expiration Date or Final Expiration Date), the transfer of any certificate representing shares of Common Stock in respect of which Rights Certificateshave been issued shall also constitute the transfer of the Rights associated with the shares of Common Stock represented thereby.
(b) As promptly as practicable following the Record Date, the Company will send a copy Rights shall be issued in respect of a Summary of Rights, in substantially the form attached hereto as Exhibit B (the "Summary of Rights"), by first-class, postage prepaid mail to each record holder all shares of Common Shares as of the Close of Business on the Record Date, at the address of such holder shown on the records of Stock issued (whether originally issued or from the Company.
(c) Certificates for the Common Shares issued (including reissuance of treasury shares’s treasury) after the Record Date but prior to the earlier of the Separation Distribution Date or and the Expiration Date; provided, however, Rights shall also be issued to the extent provided in Section 22 hereof in respect of all shares of Common Stock which are issued (whether originally issued or from the Company’s treasury) after the Distribution Date (as hereinafter defined) and prior to the Expiration Date. Certificates representing such shares of Common Stock shall also be deemed also to be certificates for Rights (and Rights shall be issued in respect thereof)Rights, and shall bear the following legend: "legend (in addition to any other legends that may be required): This certificate also evidences and entitles the holder hereof to certain Rights as set forth in the a Rights Agreement between Coachmen IndustriesSunrise Senior Living, Inc. (the "“Company"”) and First Chicago American Stock Transfer & Trust Company of New York, (the “Rights Agent”) dated as of January 5April 24, 2000 and effective January 12, 2000 2006 as the same may be amended from time to time (the "“Rights Agreement"”), the terms of which are hereby incorporated herein by reference and a copy of which is on file at the principal executive offices of the Company. Under certain circumstances, as set forth in the Rights Agreement, such Rights will shall be evidenced by separate certificates and will shall no longer be evidenced by this certificate. The Company will shall mail to the holder of this certificate a copy of the Rights Agreement as in effect on the date of mailing without charge promptly after receipt of a written request therefor. Under certain circumstancescircumstances set forth in the Rights Agreement, Rights beneficially owned by issued to, or held by, any Person who is, was or becomes an Acquiring Persons Person or any Affiliates Affiliate or Associates Associate thereof (as such terms are defined in the Rights Agreement) and ), whether currently held by or on behalf of such Person or by any subsequent holder of such Rights holder, may become null and void. With respect to such certificates containing the foregoing legend, until the earlier of the Distribution Date and the Expiration Date, the Rights associated with the Common Stock represented by such certificates shall be evidenced by such certificates alone and registered holders of Common Stock shall also be the registered holders of the associated Rights, and the transfer of any such certificate shall also constitute the transfer of the Rights associated with the Common Stock represented thereby. Notwithstanding this paragraph (b), the omission of the foregoing legend shall not affect the enforceability of any part of this Agreement or the rights of any holder of the Rights."
(c) Until the Distribution Date, (i) the Rights shall be evidenced (subject to the provisions of paragraph (a) of this Section 3) by the certificates for Common Stock registered in the names of the holders thereof (which certificates for Common Stock shall also be deemed to be Rights Certificates) and not by separate Rights Certificates, and (ii) the Rights shall be transferable only in connection with the transfer of the underlying shares of Common Stock (including a transfer to the Company).
(d) Subject As soon as practicable after the Distribution Date, the Company shall prepare and execute, the Rights Agent shall countersign and the Company shall send or cause to Section 13(hbe sent (and the Rights Agent shall, if requested, send) by first-class, insured, postage-prepaid mail, to each record holder of Common Stock as of the Close of Business on the Distribution Date, at the address of such holder shown on the records of the Company, a rights certificate, in substantially the form of Exhibit C hereto (the “Rights Certificate”), after the Separation Date but prior to the Expiration Date, Rights shall only be issued in connection with the issuance evidencing one Right for each share of Common Shares upon Stock so held, subject to adjustment as provided herein. In the exercise of stock options granted prior to the Separation Date or upon the exercise, conversion or exchange of securities issued by the Company prior to the Separation Date; provided, however, event that if, pursuant to the terms of any option, or exercise, conversion or exchange of securities, the number of shares issuable thereunder is adjusted after the Separation Date, an adjustment in the number of Rights issuable upon issuance per share of Common Stock has been made pursuant to Section 11 hereof, at the time of distribution of the shares Rights Certificates, the Company shall make necessary and appropriate rounding adjustments (in accordance with Section 14(a) hereof) so that Rights Certificates representing only whole numbers of Rights are distributed and cash is paid in lieu of any fractional Rights. As of and after the Distribution Date, the Rights shall be equal only to the number of shares which would have been issuable prior to the adjustmentevidenced solely by such Rights Certificates.
Appears in 1 contract
Issue of Rights Certificates. (a) Until the Separation Date, (x) the Rights will be evidenced by the certificates for the Common Shares registered in the names of the holders of the Common Shares (which certificates for Common Shares shall be deemed also to be certificates for Rights) and not by separate certificates, and (y) the Rights will be transferable only in connection with the transfer of the underlying Common Shares (including a transfer to the Company). As soon as practicable after the Separation Date, the Rights Agent will send by first-class, insured, postage prepaid mail, to each record holder of the Common Shares as of the Close of Business on the Separation Date, at the address of such holder shown on the records of the Company, a Rights certificate, in substantially the form of Exhibit A hereto (the "Rights Certificates"), evidencing one Right for each Common Share so held. As of and after the Separation Date, the Rights will be evidenced solely by such Rights Certificates.
(b) As promptly as practicable following the Record Date, the Company will send or deliver a copy of a Summary of RightsRights to Purchase Series A Preferred Stock, in substantially the form attached hereto as Exhibit B (the --------- "Summary of Rights"), by first-class, postage prepaid mail to each record holder of Common Shares Stock as of the Close of Business on the Record Date, Date at the address of such holder shown on the records of the Company. With respect to certificates for shares of Common Stock outstanding as of the Record Date, until the Distribution Date, the Rights will be evidenced by such certificates for the Common Stock and the registered holders of the Common Stock shall also be the registered holders of the associated Rights. Until the Distribution Date (or the earlier Expiration Date or Final Expiration Date), the transfer of any certificate representing shares of Common Stock in respect of which Rights have been issued shall also constitute the transfer of the Rights associated with the shares of Common Stock represented thereby.
(cb) Certificates for the Rights shall be issued in respect of all shares of Common Shares Stock issued (including reissuance of treasury shareswhether originally issued or from the Company's treasury) after the Record Date but prior to the earlier of the Separation Distribution Date or the Expiration Date or the Final Expiration Date. Rights shall also be issued to the extent provided in Section 22 in respect of all shares of Common Stock which are issued (as hereinafter definedwhether originally issued or from the Company's treasury) after the Distribution Date and prior to the Expiration Date. Certificates representing such shares of Common Stock shall also be deemed also to be certificates for Rights (and Rights shall be issued in respect thereof)Rights, and shall bear the following legend: "legend (in addition to any other legends that may be required): This certificate Certificate also evidences and entitles the holder hereof to certain Rights as set forth in the a Rights Agreement between Coachmen IndustriesHMC Merger Corporation, Inc. a Maryland corporation (the "CompanyCorporation") and First Chicago Trust Company The Bank of New YorkYork (the "Rights Agent"), dated as of January 5November 23, 2000 and effective January 12, 2000 1998 (the "Rights Agreement"), the terms of which are hereby incorporated herein by reference and a copy of which is on file at the principal executive offices of the CompanyCorporation. Under certain circumstances, as set forth in the Rights Agreement, such Rights will be evidenced by separate certificates and will no longer be evidenced by this certificateCertificate. The Company Corporation will mail to the holder of this certificate Certificate a copy of the Rights Agreement as in effect on the date of mailing without charge promptly after receipt of a written request therefor. Under certain circumstancescircumstances set forth in the Rights Agreement, Rights beneficially owned by issued to, or held by, any Person who is, was or becomes an Acquiring Persons Person or any Affiliates Affiliate or Associates Associate thereof (as such terms are defined in the Rights Agreement) and ), whether currently held by or on behalf of such Person or by any subsequent holder of such Rights holder, may become null and void. The Rights shall not be exercisable, and shall be null and void so long as held, by a holder in any jurisdiction where the requisite qualification of the issuance to such holder, or the exercise by such holder, of the Rights in such jurisdiction shall not have been obtained or be obtainable. With respect to such certificates containing the foregoing legend, until the earlier of (i) the Distribution Date or (ii) the Expiration Date, the Rights associated with the Common Stock represented by such certificates shall be evidenced by such certificates alone and registered holders of Common Stock shall also be the registered holders of the associated Rights, and the transfer of any such certificate shall also constitute the transfer of the Rights associated with the Common Stock represented thereby."
(c) Until the Distribution Date (i) the Rights will be evidenced (subject to the provisions of paragraph (a) of this Section 3) by the certificates for Common Stock registered in the names of the holders thereof (which certificates for Common Stock shall also be deemed to be Rights Certificates) and not by separate Rights Certificates, and (ii) the Rights will be transferable only in connection with the transfer of the underlying shares of Common Stock (including a transfer to the Company).
(d) Subject As soon as practicable after the Distribution Date, the Rights Agent upon notification thereof will send by first-class, insured, postage prepaid mail, to Section 13(heach record holder of Common Stock as of the Close of Business on the Distribution Date, at the address of such holder shown on the records of the Company, a rights certificate, in substantially the form of Exhibit C hereto --------- (the "Rights Certificate"), after the Separation Date but prior to the Expiration Date, Rights shall only be issued in connection with the issuance evidencing one Right for each share of Common Shares upon Stock so held, subject to adjustment as provided herein. In the exercise of stock options granted prior to the Separation Date or upon the exercise, conversion or exchange of securities issued by the Company prior to the Separation Date; provided, however, event that if, pursuant to the terms of any option, or exercise, conversion or exchange of securities, the number of shares issuable thereunder is adjusted after the Separation Date, an adjustment in the number of Rights issuable upon issuance per share of Common Stock has been made pursuant to Section 11 hereof, at the time of distribution of the shares Rights Certificates, the Company shall make necessary and appropriate rounding adjustments (in accordance with Section 14(a) hereof) so that Rights Certificates representing only whole numbers of Rights are distributed and cash is paid in lieu of any fractional Rights. As of and after the Distribution Date, the Rights will be equal only evidenced solely by such Right Certificates.
(e) Notwithstanding anything to the number of shares which would have been issuable contrary set forth herein, if an Exercise Notice with respect to the MII Purchase Right is delivered to the Company on or prior to the adjustmentDistribution Date, the shares of Common Stock issuable upon exercise of the MII Purchase Right as specified in the Exercise Notice shall be deemed to have been issued prior to the Distribution Date, and any holder of a share of Common Stock issued upon exercise of the MII Purchase Right shall be entitled to receive the same number of Rights per share of Common Stock as if such holder were a record holder of Common Stock as of the Close of Business on the Distribution Date as provided in Section 3(d), even if the closing with respect to the sale of shares of Common Stock upon exercise of the MII Purchase Right occurs after the Distribution Date. MII shall notify the Rights Agent of any Exercise Notice delivered with respect to the MII Purchase Right and shall list the names and addresses of any Persons that are entitled to receive Rights Certificates as a result of the exercise of the MII Purchase Right on the stockholder records of the Company that are provided to the Rights Agent pursuant to Section 3(d) for the purpose of mailing and distributing Rights Certificates to holders of Common Stock.
Appears in 1 contract
Sources: Rights Agreement (HMC Merger Corp)
Issue of Rights Certificates. (a) Until the Separation Date, (x) the Rights will be evidenced by the certificates for the Common Shares registered in the names of the holders of the Common Shares (which certificates for Common Shares shall be deemed also to be certificates for Rights) and not by separate certificates, and (y) the Rights will be transferable only in connection with the transfer of the underlying Common Shares (including a transfer to the Company). As soon as practicable after the Separation Date, the Rights Agent will send by first-class, insured, postage prepaid mail, to each record holder of the Common Shares as of the Close of Business on the Separation Date, at the address of such holder shown on the records of the Company, a Rights certificate, in substantially the form of Exhibit A hereto (the "Rights Certificates"), evidencing one Right for each Common Share so held. As of and after the Separation Date, the Rights will be evidenced solely by such Rights Certificates.
(b) As promptly as practicable following the Record Date, the Company will send or deliver a copy of a Summary of RightsRights to Purchase Preferred Stock, in substantially the form attached hereto as Exhibit B (the "Summary of --------- ---------- Rights"), by first-class, postage prepaid mail to each record holder of Common Shares Stock as of the Close of Business on ------ the Record Date, Date at the address of such holder shown on the records of the Company. With respect to certificates for shares of Common Stock outstanding as of the Record Date, until the Distribution Date, the Rights will be evidenced by such certificates for the Common Stock and the registered holders of the Common Stock shall also be the registered holders of the associated Rights. Until the Distribution Date (or the earlier Expiration Date or Final Expiration Date), the transfer of any certificate representing shares of Common Stock in respect of which Rights have been issued shall also constitute the transfer of the Rights associated with the shares of Common Stock represented thereby.
(cb) Certificates for the Rights shall be issued in respect of all shares of Common Shares Stock issued (including reissuance of treasury shareswhether originally issued or from the Company's treasury) after the Record Date but prior to the earlier of the Separation Distribution Date or the Expiration Date or the Final Expiration Date. Rights shall also be issued to the extent provided in Section 22 in respect of all shares of Common Stock which are issued (as hereinafter definedwhether originally issued or from the Company's treasury) after the Distribution Date and prior to the Expiration Date. Certificates representing such shares of Common Stock shall also be deemed also to be certificates for Rights (and Rights shall be issued in respect thereof)Rights, and shall bear the following legend: "legend (in addition to any other legends that may be required): This certificate also evidences and entitles the holder hereof to certain Rights as set forth in the a Rights Agreement between Coachmen Industries, NBT Bancorp Inc. (the "Company") and First Chicago Trust Registrar and Transfer Company of New York, (the "Rights Agent") dated as of January 5November 15, 2000 and effective January 122004, 2000 as the same may be amended from time to time (the "Rights Agreement"), the terms of which are hereby incorporated herein by reference and a copy of which is on file at the principal executive offices of the Company. Under certain circumstances, as set forth in the Rights Agreement, such Rights will be evidenced by separate certificates and will no longer be evidenced by this certificate. The Company will mail to the holder of this certificate a copy of the Rights Agreement as in effect on the date of mailing without charge promptly after receipt of a written request therefor. Under certain circumstancescircumstances set forth in the Rights Agreement, Rights beneficially owned by issued to, or held by, any Person who is, was or becomes an Acquiring Persons Person or any Affiliates Affiliate or Associates Associate thereof (as such terms are defined in the Rights Agreement) and ), whether currently held by or on behalf of such Person or by any subsequent holder of such Rights holder, may become null and void. With respect to such certificates containing the foregoing legend, until the earlier of (i) the Distribution Date or (ii) the Expiration Date, the Rights associated with the Common Stock represented by such certificates shall be evidenced by such certificates alone and registered holders of Common Stock shall also be the registered holders of the associated Rights, and the transfer of any such certificate shall also constitute the transfer of the Rights associated with the Common Stock represented thereby."
(c) Until the Distribution Date (i) the Rights will be evidenced (subject to the provisions of paragraph (a) of this Section 3) by the certificates for Common Stock registered in the names of the holders thereof (which certificates for Common Stock shall also be deemed to be Rights Certificates) and not by separate Rights Certificates, and (ii) the Rights will be transferable only in connection with the transfer of the underlying shares of Common Stock (including a transfer to the Company). The Company shall give the Rights Agent prompt written notice of the Distribution Date.
(d) Subject As soon as practicable after the Distribution Date and receipt of written notice of the Distribution Date from the Company, the Rights Agent upon notification thereof will, at the Company's expense, send by first-class, insured, postage prepaid mail, to Section 13(heach record holder of Common Stock as of the Close of Business on the Distribution Date, at the address of such holder shown on the records of the Company, a rights certificate, in substantially the form of Exhibit C hereto (the "Rights Certificate"), after the Separation Date but prior to the Expiration Date, Rights shall only be issued in connection with the issuance evidencing one Right for each ---------- ------------------ share of Common Shares upon Stock so held, subject to adjustment as provided herein. In the exercise of stock options granted prior to the Separation Date or upon the exercise, conversion or exchange of securities issued by the Company prior to the Separation Date; provided, however, event that if, pursuant to the terms of any option, or exercise, conversion or exchange of securities, the number of shares issuable thereunder is adjusted after the Separation Date, an adjustment in the number of Rights issuable upon issuance per share of Common Stock has been made pursuant to Section 11 hereof, at the time of distribution of the shares Rights Certificates, the Company shall make necessary and appropriate rounding adjustments (in accordance with Section 14(a) hereof) so that Rights Certificates representing only whole numbers of Rights are distributed and cash is paid in lieu of any fractional Rights. As of and after the Distribution Date, the Rights will be equal only to the number of shares which would have been issuable prior to the adjustmentevidenced solely by such Rights Certificates.
Appears in 1 contract
Sources: Rights Agreement (NBT Bancorp Inc)
Issue of Rights Certificates. (a) Until On the Separation Record Date, (x) the Rights will be evidenced by the certificates for the Common Shares registered in the names of the holders of the Common Shares (which certificates for Common Shares shall be deemed also to be certificates for Rights) and not by separate certificates, and (y) the Rights will be transferable only in connection with the transfer of the underlying Common Shares (including a transfer to the Company). As or as soon as practicable after thereafter, the Separation DateCompany will make available (directly or, at the expense of the Company, through the Rights Agent will send or its transfer agent if the Rights Agent or transfer agent is directed by first-classthe Company and provided with all necessary information and documents) a copy of a Summary of Rights to Purchase Preferred Stock, insured, postage prepaid mailin substantially the form attached hereto as Exhibit B and which may be appended to certificates that represent shares of Common Stock (the “Summary of Rights”), to each record holder of the Common Shares Stock as of the Close of Business on the Separation DateRecord Date (other than any Acquiring Person or any Associate or Affiliate of any Acquiring Person), at the address of such holder shown on the records of the CompanyCompany or transfer agent or register for Common Stock. With respect to certificates representing shares of Common Stock (or Book Entry shares of Common Stock) outstanding as of the Record Date, a Rights certificate, in substantially until the form of Exhibit A hereto (the "Rights Certificates"), evidencing one Right for each Common Share so held. As of and after the Separation Distribution Date, the Rights will shall be evidenced solely by such shares of Common Stock registered in the names of the holders thereof together with the Summary of Rights, and not by separate Rights Certificates. With respect to Book Entry shares of Common Stock outstanding as of the Record Date, until the Distribution Date, the Rights shall be evidenced by the balances indicated in the Book Entry account system of the transfer agent for the Common Stock together with the Summary of Rights. Until the earlier of the Distribution Date and the Expiration Date, the transfer of any shares of Common Stock outstanding on the Record Date (whether represented by certificates or evidenced by the balances indicated in the Book Entry account system of the transfer agent for the Common Stock, and, in either case, regardless of whether a copy of the Summary of Rights is submitted with the surrender or request for transfer), shall also constitute the transfer of the Rights associated with such shares of Common Stock.
(b) As promptly as practicable following the Record DateRights shall be issued, the Company will send a copy of a Summary of Rightswithout any further action, in substantially the form attached hereto as Exhibit B (the "Summary respect of Rights"), by first-class, postage prepaid mail to each record holder all shares of Common Shares as of the Close of Business on the Record Date, at the address of such holder shown on the records of Stock that become outstanding (whether originally issued or delivered from the Company.
(c) Certificates for the Common Shares issued (including reissuance of treasury shares’s treasury) after the Record Date but prior to the earlier of the Separation Distribution Date or and the Expiration Date (as hereinafter defined) shall be deemed Date; provided, however, that Rights also to be certificates for Rights (and Rights shall be issued to the extent provided in respect thereof)Section 22 hereof. Confirmation and account statements sent to holders of Common Stock for Book Entry form or, and in the case of certificated shares, certificates, representing such shares of Common Stock, issued after the Record Date shall bear a legend substantially in the following legendform: "“[This certificate certificate] [These shares] also evidences evidence[s] and entitles entitle[s] the holder hereof to certain Rights as set forth in the a Rights Agreement between Coachmen IndustriesNuverra Environmental Solutions, Inc. Inc., a Delaware corporation (the "“Company"”), and American Stock Transfer & Trust Company, LLC or any successor Rights Agent (the “Rights Agent”) and First Chicago Trust Company of New York, dated as of January 5December 21, 2000 and effective January 122020, 2000 as the same may be amended or supplemented from time to time (the "“Rights Agreement"”), the terms of which are hereby incorporated herein by reference and a copy of which is on file at the principal executive offices of the Company. Under certain circumstances, as set forth in the Rights Agreement, such Rights will shall be evidenced by separate certificates and will no longer be evidenced by [this certificate] [these shares]. The Company will mail to the holder of [this certificate certificate] [these shares] a copy of the Rights Agreement as in effect on the date of mailing without charge promptly after receipt of a written request therefor. Under certain circumstances, as set forth in the Rights beneficially owned Agreement, Rights that are Beneficially Owned by any Person who is, was or becomes an Acquiring Persons Person or any Affiliates or Associates Related Person thereof (as such capitalized terms are defined in the Rights Agreement) and any subsequent holder ), or specified transferees of such Rights Acquiring Person (or Related Person thereof) may become null and voidvoid and will no longer be transferable."
” With respect to all certificates representing shares of Common Stock containing the foregoing legend in substantially similar form, until the earlier of the Distribution Date and the Expiration Date, the Rights associated with the Common Stock represented by such certificates shall be evidenced by such certificates alone and registered holders of Common Stock shall also be the registered holders of the associated Rights, and the transfer of any such certificate shall also constitute the transfer of the Rights associated with the shares of Common Stock represented by such certificates. With respect to Common Stock in Book Entry form for which there has been sent a confirmation or account statement containing the foregoing legend in substantially similar form, until the earlier of the Distribution Date and the Expiration Date, the Rights associated with the Common Stock shall be evidenced by such Common Stock alone and registered holders of Common Stock shall also be the registered holders of the associated Rights, and the transfer of any such Common Stock shall also constitute the transfer of the Rights associated with such shares of Common Stock. Notwithstanding this paragraph (d) Subject to Section 13(hb), the omission of the legend or the failure to send, deliver or provide the registered owner of shares of Common Stock a copy of the Summary of Rights shall not affect the enforceability of any part of this Agreement or the rights of any holder of the Rights. In the event that the Company purchases or otherwise acquires any shares of Common Stock after the Separation Record Date but prior to the Expiration Distribution Date, any Rights associated with such shares of Common Stock shall be cancelled and retired so that the Company is not entitled to exercise any Rights associated with the shares of Common Stock that are no longer outstanding.
(c) Until the Distribution Date, the Rights shall be transferable only be issued in connection with the issuance transfer of the underlying shares of Common Shares upon the exercise of stock options granted prior Stock (including a transfer to the Separation Date or upon Company).
(d) As soon as practicable after the exerciseDistribution Date, conversion or exchange of securities issued by the Company prior will prepare and execute, and the Rights Agent will countersign and the Company will send or cause to be sent (and the Separation Date; providedRights Agent will, howeverif so requested and provided with all necessary information and documents, that ifat the expense of the Company, pursuant send) by first-class, insured, postage-prepaid mail, to the terms of any option, or exercise, conversion or exchange of securities, the number each record holder of shares issuable thereunder is adjusted after of Common Stock as of the Separation DateClose of Business on the Distribution Date (other than any Acquiring Person or any Related Person of an Acquiring Person), at the address of such holder shown on the records of the Company, one or more rights certificates, in substantially the form of Exhibit C hereto (the “Rights Certificate”), evidencing one Right for each share of Common Stock so held, subject to adjustment as provided herein. In the event that an adjustment in the number of Rights issuable upon issuance per share of Common Stock has been made pursuant to Section 11 hereof, at the time of distribution of the shares Rights Certificates, the Company may make the necessary and appropriate rounding adjustments (in accordance with Section 14(a) hereof) so that Rights Certificates representing only whole numbers of Rights are distributed and, if such adjustments are made, the Company may pay cash in lieu of any fractional Rights (in accordance with Section 14(a) hereof). As of and after the Distribution Date, the Rights shall be equal only to evidenced solely by such Rights Certificates, and the number Rights Certificates and the Rights shall be transferable separately from the transfer of shares which would have been issuable Common Stock. The Company shall promptly notify the Rights Agent in writing upon the occurrence of the Distribution Date and, if such notification is given orally, the Company shall confirm the same in writing on or prior to the adjustmentBusiness Day next following. Until such written notice is received by the Rights Agent, the Rights Agent may presume conclusively for all purposes that the Distribution Date has not occurred.
Appears in 1 contract
Sources: Rights Agreement (Nuverra Environmental Solutions, Inc.)