Capital Stock of Sub. At the Effective Time, each share of capital stock of Sub that is issued and outstanding immediately prior to the Effective Time shall, by virtue of the Merger and without further action on the part of the sole stockholder of Sub, be converted into and become one share of common stock of the Surviving Corporation (and the shares of common stock of the Surviving Corporation into which the shares of Sub capital stock are so converted shall be the only shares of the Surviving Corporation’s capital stock that are issued and outstanding immediately after the Effective Time). The certificate evidencing ownership of shares of Sub common stock will evidence ownership of the same number of shares of common stock of the Surviving Corporation.
Appears in 3 contracts
Samples: Agreement and Plan of Merger (Acacia Communications, Inc.), Merger Agreement (Acacia Communications, Inc.), Merger Agreement (Sourcefire Inc)
Capital Stock of Sub. At the Effective Time, each Each share of capital stock of Sub that is issued and outstanding immediately prior to the Effective Time shall, by virtue of the Merger and without further action on the part of Acquiror, Sub, the Company or the sole stockholder of Sub, be converted into and become one share 100 shares of common stock of the Surviving Corporation (and the shares of common stock of the Surviving Corporation into which the shares of Sub capital stock are so converted shall be the only shares of the Surviving Corporation’s capital stock that are issued and outstanding immediately after the Effective Time). The Each certificate evidencing ownership of shares of Sub the common stock will of Sub shall evidence ownership of the same number of such shares of common stock of the Surviving Corporation.
Appears in 2 contracts
Samples: Agreement and Plan of Merger, Agreement and Plan of Merger (Affymetrix Inc)
Capital Stock of Sub. At the Effective Time, each Each share of capital stock of Sub that is issued and outstanding immediately prior to the Effective Time shall, by virtue of the Merger and without further action on the part of Acquiror, Sub, the Company or the sole stockholder of Sub, be converted into and become one share 100 shares of common stock of the Surviving Corporation (and the shares of common stock of the Surviving Corporation into which the shares of Sub capital stock are so converted shall be the only shares of the Surviving Corporation’s capital stock that are issued and outstanding immediately after the Effective Time). The Each certificate evidencing ownership of shares of Sub common stock will shall evidence ownership of the same number of such shares of common stock of the Surviving Corporation.
Appears in 2 contracts
Samples: Merger Agreement (Rosetta Stone Inc), Merger Agreement (Affymetrix Inc)
Capital Stock of Sub. At the Effective Time, each Each share of capital stock of Sub that is issued and outstanding immediately prior to the Effective Time shall, by virtue of the Merger and without further action on the part of Purchaser, Sub or the sole stockholder of SubCompany, be converted into and become one share 100 shares of common stock of the Surviving Corporation (and the shares of common stock of the Surviving Corporation into which the shares of Sub capital stock are so converted shall be the only shares of the Surviving Corporation’s capital stock that are issued and outstanding immediately after the Effective Time). The Each certificate evidencing ownership of shares of Sub common stock will shall evidence ownership of the same number of such shares of common stock of the Surviving Corporation.
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