Common use of Conversion of Company Stock Clause in Contracts

Conversion of Company Stock. Each share of Company Stock outstanding immediately prior to the Effective Time (other than (i) Dissenting Shares and (ii) shares cancelled pursuant to Section 2.1(b)) shall, by virtue of the Merger and without any action on the part of the Buyer or any holder of Company Stock, be converted into the right to receive the amounts, if any, to which the holder of such share is entitled pursuant to Section 2.6(b) (such amounts, the “Applicable Merger Consideration”).

Conversion of Company Stock. Each issued share of Company Stock outstanding immediately prior to the Effective Time (other than (i) shares to be canceled in accordance with Section 1.14 or Dissenting Shares and (ii) shares cancelled pursuant to Section 2.1(b)Shares) shall, by virtue subject to the terms and conditions of the Merger and without any action on the part of the Buyer or any holder of Company Stockthis Agreement, be automatically converted (the “Conversion”) into the right to receive the amounts, if any, to which the holder of such share is entitled pursuant to Section 2.6(b) (such amounts, the “Applicable Merger Consideration”).following:

Conversion of Company Stock. Each share of Company Stock outstanding immediately prior Subject to the terms and conditions of this Agreement, at the Effective Time (other than (i) Dissenting Shares and (ii) shares cancelled pursuant to Section 2.1(b)) shallTime, by virtue of the Merger and without any action on the part of the Buyer any Equityholder or any holder other Person, each share of Company StockStock issued and outstanding immediately prior to the Effective Time, other than any shares of Company Stock to be cancelled pursuant to Section 1.06(b) and any Dissenting Shares, will be cancelled and extinguished and automatically converted into the right to receive from Buyer an amount equal to (i) the amounts, if any, to which amount set forth in the holder Consideration Spreadsheet for each Stockholder; plus (ii) any additional amounts payable in respect of such share is entitled when, as and if paid pursuant to Section 2.6(b) (such amounts, the “Applicable Merger Consideration”)terms of this Agreement.

Conversion of Company Stock. Each share of Company Stock issued and outstanding immediately prior to the Effective Time (other than (iCancelled Shares or Dissenting Shares) Dissenting Shares and (ii) shares cancelled pursuant to Section 2.1(b)) shall, by virtue of the Merger and without any action on the part of the Buyer or any holder of Company Stock, will be converted into the right to receive the amounts, if any, to which the holder of such share is entitled pursuant to Section 2.6(b) (such amounts, the “Applicable Per Share Merger Consideration”).