Conversion of Company Stock. (a) At the Effective Time, each share of the common stock, par value $0.01 per share, of Merger Sub outstanding immediately prior to the Effective Time shall be converted into and become one fully paid and non-assessable share of Common Stock, par value $1.00 per share, of the Surviving Corporation.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Western Atlas Inc), Agreement and Plan of Merger (Baker Hughes Inc)
Conversion of Company Stock. (a) At As of the Effective Time, (a) each share of the common stock, par value $0.01 per share, of Merger Sub Company Common Stock issued and outstanding immediately prior to the Effective Time shall be converted into and become one duly issued, fully paid and non-assessable nonassessable share of Holdings Common Stock, par value $1.00 per share, and (b) each share of Company Common Stock issued and held in treasury by the Surviving CorporationCompany shall be converted into one issued share of Holdings Common Stock and shall be held in treasury by Holdings.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (World Airways Inc /De/), Agreement and Plan of Merger (Global Aero Logistics Inc.)
Conversion of Company Stock. (a) At the Effective Time, each share of the common stock, par value $0.01 .001 per share, of Merger Sub outstanding immediately prior to the Effective Time shall be converted into and become one fully paid and non-assessable share of Common Stockcommon stock, par value $1.00 per share, of the Surviving Corporation.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Circle International Group Inc /De/)
