Common use of 8Merger Subsidiary Common Stock Clause in Contracts

8Merger Subsidiary Common Stock. At and after the Effective Time, each share of common stock of Merger Subsidiary, no par value per share (the “Merger Subsidiary Common Stock”), issued and outstanding immediately prior to the Effective Time shall be converted into one share of common stock of the Surviving Corporation.

Appears in 4 contracts

Samples: Agreement and Plan of Merger (Kentucky Bancshares Inc /Ky/), Agreement and Plan of Merger (Kentucky Bancshares Inc /Ky/), Agreement and Plan of Merger (Kentucky Bancshares Inc /Ky/)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.