Common use of Conversion of Merger Sub Shares Clause in Contracts

Conversion of Merger Sub Shares. Each Outstanding Merger Sub Common -------------------------------- Share shall be converted into one validly issued, fully paid and nonassessable share of common stock, par value $0.001 per share (the "Surviving Corporation Common Stock"), of the Surviving Corporation, to be issued and deemed to have been issued by the Surviving Corporation automatically and immediately upon and as of the Effective Time; the capital of the Surviving Corporation in respect of each share of Surviving Corporation Common Stock to be an amount equal to the par value thereof as permitted under the DGCL and such Outstanding Merger Sub Common Shares shall be canceled and cease to exist.

Conversion of Merger Sub Shares. Each Outstanding Merger Sub Common -------------------------------- Share shall be converted into one validly issued, fully paid and nonassessable share of common stockCommon Stock, par value $0.001 .01 per share (the "Surviving Corporation Common StockSURVIVING CORPORATION COMMON STOCK"), of the Surviving Corporation, to be issued and deemed to have been issued by the Surviving Corporation automatically and immediately upon and as of the Effective TimeTime of the Merger); the capital of the Surviving Corporation in respect of each share of Surviving Corporation Common Stock to be an amount equal to the par value thereof as permitted under the DGCL and such Outstanding Merger Sub Common Shares shall be canceled and cease to exist.

Conversion of Merger Sub Shares. Each Outstanding Merger Sub Common -------------------------------- Share shall be changed and converted into one validly issued, fully paid and nonassessable share of common stockCommon Stock, par value $0.001 .01 per share (the "Surviving Corporation Common StockSURVIVING CORPORATION COMMON STOCK"), of the Surviving Corporation, to be issued and deemed to have been issued by the Surviving Corporation automatically and immediately upon and as of the Effective TimeTime of the Merger); the capital of the Surviving Corporation in respect of each share of Surviving Corporation Common Stock to be an amount equal to the par value thereof as permitted under the DGCL and such Outstanding Merger Sub Common Shares shall be canceled and cease to exist.

Conversion of Merger Sub Shares. Each Outstanding Merger Sub Common -------------------------------- Share shall shall, by virtue of the Merger and without any action on the part of the Constituent Corporations or Holdco, be converted into one validly issued, fully paid and nonassessable share of common stock, par value $0.001 0.01 per share (the "Surviving Corporation Common Stock"), of the Surviving Corporation, to be issued and deemed to have been issued by the Surviving Corporation automatically and immediately upon and as of the Effective Time; the capital of the Surviving Corporation in respect of each share of Surviving Corporation Common Stock to be an amount equal to the par value thereof as permitted under the DGCL and such Outstanding Merger Sub Common Shares shall be canceled and cease to exist.