Common use of Cancellation of Certain Common Stock Clause in Contracts

Cancellation of Certain Common Stock. (i) Each share of Common Stock, no par value, of IES (the "IES Common Stock") that is owned by IES, WPL or Interstate or any of their respective Subsidiaries (as hereinafter defined) shall be canceled and shall cease to exist, and (ii) each share of Common Stock, par value $3.50 per share, of Interstate (the "Interstate Common Stock") that is owned by IES, WPL or Interstate or any of their respective Subsidiaries shall be canceled and shall cease to exist.

Appears in 4 contracts

Samples: Merger Agreement (Wisconsin Power & Light Co), Merger Agreement (WPL Holdings Inc), Merger Agreement (Interstate Power Co)

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