Conversion of Laser Merger Sub Common Stock. Each share of Laser Merger Sub Common Stock issued and outstanding immediately prior to the Holdings Effective Time shall be converted into and become one fully paid and nonassessable share of common stock, par value $1.00 per share, of the Surviving Corporation.
Appears in 5 contracts
Samples: Merger Agreement (CLN Holdings Inc), Agreement and Plan of Merger (Sunbeam Corp/Fl/), Merger Agreement (Sunbeam Corp/Fl/)