Common use of Conversion of Newco Stock Clause in Contracts

Conversion of Newco Stock. On the Effective Date, each share of the total of 1,000 shares of common stock of Newco,$1.00 par value per share, issued and outstanding immediately before the Effective Date shall, by virtue of the Merger and without any action on the part of the holder thereof, be automatically converted into and become one share of common stock, $0.01 par value per share, of the Surviving Corporation. It is the intention of the parties that, immediately after the Merger, Acquiror shall own all of the issued and outstanding capital stock of the Surviving Corporation.

Conversion of Newco Stock. On the Effective Date, each share of the total of 1,000 shares of common stock of Newco,$1.00 Newco, $1.00 par value per share, issued and outstanding immediately before the Effective Date shall, by virtue of the Merger and without any action on the part of the holder thereof, be automatically converted into and become one share of voting common stock, $0.01 0.002 par value per share, of the Surviving Corporation. It is the intention of the parties that, immediately after the Merger, Acquiror SunGard shall own all of the issued and outstanding capital stock of the Surviving Corporation.

Conversion of Newco Stock. On the Effective Date, each Each share of the total of 1,000 shares of common stock of Newco,$1.00 par value per share, Newco issued and outstanding immediately before prior to the Effective Date Time shall, by virtue of the Merger and without any action on the part of MCE, Newco, Metelics or the holder thereofShareholder, shall automatically be automatically converted into one fully paid and become one non-assessable share of common stock, $0.01 par value per share, stock of the Surviving Corporation. It is the intention of the parties that, immediately after the Merger, Acquiror which shall own constitute all of the issued and outstanding capital shares of common stock of the Surviving CorporationCorporation immediately after the Effective Time of the Merger.

Conversion of Newco Stock. On the Effective Date, each share of the total of 1,000 20,000 shares of common stock of Newco,$1.00 Newco, par value $.001 per share, issued and outstanding immediately before the Effective Date shall, by virtue of the Merger and without any action on the part of the holder thereof, be automatically converted into and become one share of common stock, $0.01 par value $.001 per share, of the Surviving Corporation. It is the intention of the parties that, immediately after the Merger, Acquiror Emergent shall own all of the issued and outstanding capital stock of the Surviving Corporation.

Conversion of Newco Stock. On the Effective Date, each share of the total of 1,000 shares of common stock of Newco,$1.00 Newco, $0.01 par value per share, issued and outstanding immediately before the Effective Date shall, by virtue of the Merger and without any action on the part of the holder thereof, be automatically converted into and become one share of common stock, $0.01 par value per share, of the Surviving Corporation. It is the intention of the parties that, immediately after the Merger, Acquiror GSI shall own all of the issued and outstanding capital stock of the Surviving Corporation.

Conversion of Newco Stock. On the Effective Date, each share of the total of 1,000 100 shares of common stock of Newco,$1.00 stock, par value $10.00 per share, of Newco issued and outstanding immediately before the Effective Date shall, by virtue of the Merger and without any action on the part of the holder thereof, be automatically converted into and become one share of common stock, $0.01 10.00 par value per share, of the Surviving Corporation. It is the intention of the parties that, immediately after the Merger, Acquiror Parentco shall own all of the issued and outstanding capital stock of the Surviving Corporation.