Common use of Conversion of Company Shares Clause in Contracts

Conversion of Company Shares. Each share of Common Stock of the Company (the "Company Common Stock"), issued and outstanding immediately prior to the Effective Time shall, by virtue of the Merger and without any action on the part of the holder thereof, be converted at the Effective Time into the Merger Consideration provided for in Article II hereof.

Appears in 3 contracts

Samples: Merger Agreement and Plan of Reorganization (U S Trucking Inc), Merger Agreement and Plan of Reorganization (U S Trucking Inc), Merger Agreement and Plan of Reorganization (U S Trucking Inc)

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Conversion of Company Shares. Each share All shares of Common Stock common stock, no par value, of the Company (the "Company Common Stock"), ) issued and outstanding immediately prior to the Effective Time shall, by virtue of the Merger and without any action on the part of the holder holders thereof, be converted at the Effective Time into the Merger Consideration provided for in Article II hereofConsideration.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Weber Donald W), Agreement and Plan of Merger (Pegasus Communications Corp), Agreement and Plan of Merger (Summe Richard D)

Conversion of Company Shares. Each share All shares of Common Stock common stock, $.10 par ---------------------------- value per share, of the Company (the "Company Common Stock"), ) issued and outstanding immediately prior to the Effective Time shall, by virtue of the Merger and without any action on the part of the holder holders thereof, be converted at the Effective Time into the Merger Consideration provided for (as defined in Article II Section 2.01 hereof).

Appears in 1 contract

Samples: Agreement and Plan of Merger (Envirogen Inc)

Conversion of Company Shares. Each share of Common Stock of the Company (the "Company Common Stock"), issued and outstanding immediately prior to the Effective Time shall, by virtue of the Merger and without any action on the part of the holder thereof, be converted at the Effective Time into the Merger Consideration provided for in Article II 2 hereof.

Appears in 1 contract

Samples: Merger Agreement and Plan of Reorganization (Professional Transportation Group LTD Inc)

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Conversion of Company Shares. Each share of Company Common Stock of the Company (the "Company Common Stock"), that is issued and outstanding immediately prior to the Effective Time shallwill, by virtue of the Merger and at the Effective Time, and without any further action on the part of the any holder thereof, be converted at into that number of fully paid and nonassessable shares of Parent Stock obtained by multiplying each such share of Company Common Stock by the Effective Time into the Merger Consideration provided for in Article II hereofExchange Ratio.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Micro Focus Group Public Limited Company)

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