Common use of Buyer Common Stock Clause in Contracts

Buyer Common Stock. Each share of Buyer common stock, par value $0.001 per share, held by Parent immediately prior to the Effective Time shall, by virtue of the Merger and without any action on the part of the Parent, be converted into the right to receive one (1) share of common stock of the Surviving Entity.

Appears in 4 contracts

Samples: Third (Dataram Corp), Agreement and Plan of Merger (Dataram Corp), Agreement and Plan of Merger (Dataram Corp)

AutoNDA by SimpleDocs

Buyer Common Stock. Each share of Buyer common stock, par value $0.001 0.0001 per share, held by Parent immediately prior to the Effective Time shall, by virtue of the Merger and without any action on the part of the Parent, be converted into the right to receive one (1) share of common stock of the Surviving Entity.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Spherix Inc), Agreement and Plan of Merger (Pershing Gold Corp.), Agreement and Plan of Merger (Valor Gold Corp.)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!