Common use of Conversion of Acquisition Sub Common Stock Clause in Contracts

Conversion of Acquisition Sub Common Stock. Each share of Acquisition Sub Common 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 $0.001 per share, of the Company Surviving Corporation with the same rights, powers and privileges as the shares so converted and shall constitute the only outstanding shares of capital stock of the Company Surviving Corporation.

Appears in 2 contracts

Samples: Merger Agreement (L90 Inc), Merger Agreement (Doubleclick Inc)

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Conversion of Acquisition Sub Common Stock. Each share of Acquisition Sub Common 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 $0.001 .001 per share, of the Company Surviving Corporation with the same rights, powers and privileges as the shares so converted and shall constitute the only outstanding shares of capital stock of the Company Surviving Corporation.

Appears in 1 contract

Samples: Merger Agreement (Modem Media Poppe Tyson Inc)

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Conversion of Acquisition Sub Common Stock. Each share of Acquisition Sub Common 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 $0.001 0.01 per share, of the Company Surviving Corporation with the same rights, powers and privileges as the shares so converted and shall constitute the only outstanding shares of capital stock of the Company Surviving Corporation.

Appears in 1 contract

Samples: Merger Agreement (Screaming Media Com Inc)

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