Common use of Conversion of Merger Sub B Common Stock Clause in Contracts

Conversion of Merger Sub B Common Stock. The aggregate of all shares of the capital stock of Merger Sub B issued and outstanding immediately prior to the Cinergy Effective Time (of which, as of the date of this Agreement, 100 shares of common stock, without par value, are issued and outstanding, each entitling the holder thereof to vote on the approval of this Agreement) shall be converted into the right to receive 100 shares of Surviving Cinergy Common Stock.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Duke Energy CORP), Agreement and Plan of Merger (Cinergy Corp), Agreement and Plan of Merger (Duke Energy Corp)

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Conversion of Merger Sub B Common Stock. The aggregate of all shares of the capital stock of Merger Sub B issued and outstanding immediately prior to the Cinergy Entergy Effective Time (of which, as of the date of this Agreement, 100 1,000 shares of common stock, without par value, are issued and outstanding, each entitling the holder thereof to vote on the approval of this Agreement) shall be converted into the right to receive 100 1,000 shares of Surviving Cinergy Entergy Common Stock.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (System Energy Resources Inc), Agreement and Plan of Merger (Florida Power & Light Co)

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