Conversion of AMW Common Stock. All of the shares of Common Stock, par value $0.01 per share, of AMW (the "AMW Common Stock") issued and outstanding immediately prior to the Effective Time shall be converted into that number of shares of Interstate Common Stock (as the surviving corporation in the Interstate Merger) which shall be equivalent to the aggregate number of shares of Interstate Common Stock (exclusive of the shares canceled pursuant to Section 2.1(a)(ii)) issued and outstanding immediately prior to the Effective Time. From and after the Effective Time, each outstanding certificate theretofore representing shares of AMW Common Stock shall be deemed for all purposes to evidence ownership of and to represent the number of shares of Interstate Common Stock into which such shares of AMW Common Stock shall have been converted.
Appears in 4 contracts
Samples: Merger Agreement (Ies Industries Inc), Merger Agreement (WPL Holdings Inc), Merger Agreement (Wisconsin Power & Light Co)