Common use of Capital Stock of Subsidiary Clause in Contracts

Capital Stock of Subsidiary. Each share of Subsidiary's capital stock issued and outstanding immediately prior to the Effective Time shall be converted into and become one fully paid and nonassessable share of Common Stock, par value $5.00 per share, of the Surviving Corporation. (b)

Capital Stock of Subsidiary. Each share of Subsidiary's capital stock issued and outstanding immediately prior to the Effective Time share of capital stock of Subsidiary shall be converted into and become one fully paid and nonassessable share of Common Stock, par value $5.00 0.01 per share, of the Surviving Corporation. (b).

Capital Stock of Subsidiary. Each At the Effective Time, each share of Subsidiary's capital stock Subsidiary common stock, par value $0.01 per share, issued and outstanding immediately prior to the Effective Time shall be converted into and become exchanged for one validly issued, fully paid and nonassessable share of Common Stockcommon stock, par value $5.00 0.01 per share, of the Surviving Corporation. (b)Each stock certificate of the Subsidiary evidencing ownership of any such shares shall continue to evidence ownership of such shares of capital stock of the Surviving Corporation.

Capital Stock of Subsidiary. Each share of Subsidiary's capital stock issued and outstanding immediately prior to share of the Effective Time common stock of the Subsidiary shall be converted into and become one fully paid and nonassessable share of Common Stockcommon stock, par value $5.00 0.01 per share, of the Surviving Corporation. (b).

Capital Stock of Subsidiary. Each share of Subsidiary's capital stock common stock, par value $0.01 per share, of the Subsidiary (the “Subsidiary Common Stock”) issued and outstanding immediately prior to before the Effective Time shall be converted into and become one validly issued, fully paid and nonassessable share of Common Stockcommon stock, par value $5.00 0.01 per share, of the Surviving Corporation. (b)Each certificate evidencing ownership of shares of the Subsidiary Common Stock outstanding immediately before the Effective Time shall evidence ownership of such shares of capital stock of the Surviving Corporation.

Capital Stock of Subsidiary. Each share of Subsidiary's capital stock issued and outstanding immediately prior to the Effective Time shall be converted into and become one fully paid and nonassessable share of Common Stock, par value $5.00 per share, of the Surviving Corporation. (b).