Conversion of Common Stock of Merger Sub. In the event the Alternative Merger is consummated, at the Effective Time, without any action on the part of the holder thereof, each share of common stock of Merger Sub that is issued and outstanding immediately prior the Effective Time shall be converted into one validly issued, fully paid and nonassessable share of common stock of the Surviving Corporation.
Appears in 2 contracts
Samples: Merger Agreement (Sonat Inc), Agreement and Plan of Merger (Zilkha Selim K)
Conversion of Common Stock of Merger Sub. In the event the Alternative Merger is consummated, at At the Effective Time, without any action on the part of the holder thereof, each share of common stock of Merger Sub that is issued and outstanding immediately prior the Effective Time shall be converted into one validly issued, fully paid and nonassessable share of common stock of the Surviving Corporation.
Appears in 1 contract
Samples: Merger Agreement (Merck & Co Inc)
Conversion of Common Stock of Merger Sub. In the event the Alternative Merger is consummated, at At the Effective Time, without any action on the part of the holder thereof, each share of common stock of Merger Sub that is issued and outstanding immediately prior to the Effective Time shall be converted into one validly issued, fully paid and nonassessable share of common stock of the Surviving Corporation.
Appears in 1 contract
