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

Conversion of Merger Sub Common Stock. At the Effective Time, each of the shares of capital stock of Merger Sub issued and outstanding immediately prior to the Effective Time shall, by virtue of the Merger, automatically and without any action on the part of Parent, become and be converted into one share of Class A Common Stock, which shall thereafter constitute all of the issued and outstanding shares of the capital stock of the Surviving Corporation.

Conversion of Merger Sub Common Stock. At the Effective Time, each of the shares of capital stock ------------------------------------- share of Merger Sub Common Stock issued and outstanding immediately prior to the Effective Time shall, by virtue of the Merger, automatically Merger and without any action on the part of Parentthe holder thereof, become and be converted into and become one fully paid and nonassessable share of Class A Common Stock, which shall thereafter constitute all of the issued and outstanding shares of the capital stock Stock of the Surviving Corporation.

Conversion of Merger Sub Common Stock. At the Effective Time, each Each of the shares of capital the common stock of Merger Sub issued and outstanding immediately prior to the Effective Time shall, by virtue of the Merger, automatically and without any action on the part of ParentCCBG, become and be converted into one share of Class A FFB Common Stock, which shall thereafter constitute all of the issued and outstanding shares of the capital stock of the Surviving Corporation.

Conversion of Merger Sub Common Stock. At the Effective Time, each of the shares of capital stock of Merger Sub issued and outstanding immediately prior to the Effective Time shall, by virtue of the Merger, automatically Merger and without any action on the part of ParentParent as the sole stockholder of Merger Sub, become each issued and outstanding share of common stock of Merger Sub shall be converted into one fully paid and nonassessable share of Class A Common Stock, which shall thereafter constitute all of the issued and outstanding shares of the capital common stock of the Surviving Corporation.

Conversion of Merger Sub Common Stock. At the First Merger Effective Time, each of the shares of capital stock of Merger Sub issued and outstanding immediately prior to the Effective Time shall, by virtue of the Merger, automatically First Merger and without any action on the part of Parentany party or the holder of any of their securities, become each issued and outstanding share of common stock of Merger Sub shall be converted into one (1) validly issued fully paid and nonassessable share of Class A Common Stock, which shall thereafter constitute all common stock of the issued Surviving Corporation and all such shares together shall constitute the only outstanding shares of the capital stock of the Surviving Corporation.

Conversion of Merger Sub Common Stock. At the Effective Time, each of the shares of capital stock of Merger Sub issued and outstanding immediately prior to the Effective Time shall, by virtue of the Merger, automatically Merger and without any action on the part of Parent, become and any holder thereof: (a) each share of Merger Sub Class A Common Stock outstanding immediately prior to the Merger shall be converted into and shall become one validly issued, fully paid and nonassessable share of Company Class A Common Stock; and (b) each share of Merger Sub Class B Common Stock outstanding immediately prior to the Merger shall be converted into and shall become one validly issued, which shall thereafter constitute all fully paid and nonassessable share of the issued and outstanding shares of the capital stock of the Surviving CorporationCompany Class B Common Stock.

Conversion of Merger Sub Common Stock. At the Effective Time, each All of the shares of capital common ------------------------------------- stock of Merger Sub issued and outstanding immediately prior to before the Effective Time shallwill, by virtue of the Merger, automatically Merger and without any action on the part of Parentthe holder thereof, become and be converted into and exchangeable for one newly issued share of Class A Common Stock, which shall thereafter constitute all of the issued and outstanding shares of the capital common stock of the Surviving Corporation.