Company Merger Sub Shares. All of the shares of Company Merger Sub issued and outstanding immediately prior to the Effective Time shall be converted into an equal number of shares of the Company Surviving Subsidiary, with the same rights, powers and privileges as the shares so converted and shall constitute the only outstanding shares of the Company Surviving Subsidiary.
Company Merger Sub Shares. All Company Merger Sub Shares issued and outstanding immediately prior to the Company Merger Effective Time shall automatically be converted into one validly issued, fully paid and non-assessable ordinary share of Company, which ordinary share shall constitute the only issued and outstanding share in the capital of the Company Merger Surviving Corporation pursuant to the Plan of Company Merger.
