No Continuing Obligation. From and after the date hereof, all rights of the Sellers with respect to the Series H Preferred Stock being sold hereunder shall cease with respect to such Series H Preferred Stock, and such Series H Preferred Stock shall not thereafter be transferred on the books of the Company or be deemed to be outstanding for any purpose whatsoever.
Appears in 3 contracts
Sources: Preferred Stock Repurchase Agreement (FTE Networks, Inc.), Preferred Stock Repurchase Agreement (Sacramone Fred), Preferred Stock Repurchase Agreement (McMahon Brian P)