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

Conversion of Merger Sub I Common Stock. Each share of capital stock of Merger Sub I issued and outstanding immediately prior to the Effective Time shall be automatically converted into and become one fully paid and nonassessable share of common stock, par value $0.01 per share, of the Surviving Corporation and shall constitute the only outstanding shares of capital stock of the Surviving Corporation.

Conversion of Merger Sub I Common Stock. Each share of capital stock common stock, par value $0.001 per share, of Merger Sub I issued and outstanding immediately prior to the Effective Time shall be automatically converted into and become one fully paid and nonassessable share of common stock, par value $0.01 per share, stock of the Surviving Corporation and shall constitute the only outstanding shares of capital stock of the Surviving Corporation.

Conversion of Merger Sub I Common Stock. Each At the Effective Time, each share of capital stock common stock, par value $0.01 per share, of Merger Sub I issued and outstanding immediately prior to the Effective Time shall be automatically converted into and become be exchanged for one newly and validly issued, fully paid and nonassessable share of common stock, par value $0.01 per share, of the Surviving Corporation and shall constitute the only outstanding shares of capital stock of the Surviving Corporation.Entity I.

Conversion of Merger Sub I Common Stock. Each share of capital stock common stock, par value $0.001 per share, of Merger Sub I issued and outstanding immediately prior to the Effective Time shall be automatically converted into and become one fully paid and nonassessable share of common stock, par value $0.01 per share, stock of the First Step Surviving Corporation and shall constitute the only outstanding shares of capital stock of the First Step Surviving Corporation.