Common use of Conversion of Merger Subsidiary Shares Clause in Contracts

Conversion of Merger Subsidiary Shares. At the Effective Time, each share of common stock, $.01 par value per share, of Merger Subsidiary that is issued and outstanding immediately prior to the Effective Time will remain one share of common stock, $.01 par value per share, of the Surviving Corporation that is issued and outstanding immediately after the Effective Time, and such shares will be the only shares of capital stock of the Surviving Corporation that are issued and outstanding immediately after the Effective Time.

Appears in 3 contracts

Samples: Agreement and Plan of Merger, Agreement and Plan of Merger (Activision Inc /Ny), Agreement and Plan of Reorganization (Activision Inc /Ny)

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Conversion of Merger Subsidiary Shares. At the Effective Time, each share of common stock, $.01 1.00 par value per share, of Merger Subsidiary that is issued and outstanding immediately prior to the Effective Time will remain one share of common stock, $.01 1.00 par value per share, of the Surviving Corporation that is issued and outstanding immediately after the Effective Time, and such shares will be the only shares of capital stock of the Surviving Corporation that are issued and outstanding immediately after the Effective Time.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Expert Software Inc)

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