Common use of Conversion of Stock Clause in Contracts

Conversion of Stock. 3 1.6.1 Merger Sub Capital Stock................................................ 3 1.6.2 Cancellation of the Company Treasury Stock.............................. 3 1.6.3 Merger Consideration.................................................... 3 1.7 Exchange of and Payment for Stock.............................................. 4 1.7.1 Delivery of Company Common Stock and Closing Merger Consideration....... 4 1.7.2 Assignments............................................................. 4 1.7.3 Payment In Full Satisfaction of All Rights.............................. 4 1.8 Determination of Closing Merger Consideration.................................. 4 1.8.1 Delivery of IPO Price to Public; Statement.............................. 4 1.9 Post-Closing Determination of Total Merger Consideration....................... 5 1.9.1 Statement............................................................... 5 1.9.2 Review.................................................................. 5 1.9.3 Disputes................................................................ 5 1.9.4 Resolution by Parties................................................... 5 1.9.5 Final Determination..................................................... 5 1.9.6 Expenses................................................................ 6

Conversion of Stock. 3 1.6.1 Merger Sub Capital Stock................................................ 3 1.6.2 Cancellation of the Company Treasury Stock.............................. 3 1.6.3 Merger Consideration.................................................... 3 1.7 Exchange of and Payment for Stock.............................................. 4 ............................................... 3 1.7.1 Delivery of Company Common Stock and Closing Merger Consideration....... 4 3 1.7.2 Assignments............................................................. 4 1.7.3 Payment In Full Satisfaction of All Rights.............................. 4 1.8 Determination of Closing Merger Consideration.................................. ................................... 4 1.8.1 Delivery of IPO Price to Public; Statement.............................. ............................................................... 4 1.9 Post-Closing Determination of Total Final Merger Consideration....................... 5 ........................ 4 1.9.1 Statement............................................................... 5 4 1.9.2 Review.................................................................. 5 1.9.3 Disputes................................................................ 5 1.9.4 Resolution by Parties................................................... 5 1.9.5 Final Determination..................................................... 5 1.9.6 Expenses................................................................ 6

Conversion of Stock. 3 1.6.1 Merger Sub Capital Stock................................................ ............................................. 3 1.6.2 Cancellation of the Company Treasury Stock.............................. ........................... 3 1.6.3 Merger Consideration.................................................... ................................................. 3 1.7 Exchange of and Payment for Stock.............................................. ........................................... 4 1.7.1 Delivery of Company Common Stock and Closing Merger Consideration....... .... 4 1.7.2 Assignments............................................................. .......................................................... 4 1.7.3 Payment In Full Satisfaction of All Rights.............................. ........................... 4 1.8 Determination of Closing Merger Consideration.................................. ............................... 4 1.8.1 Delivery of IPO Price to Public; Statement.............................. ........................... 4 1.9 Post-Closing Determination of Total Merger Consideration....................... 5 ........................... 4 1.9.1 Statement............................................................... 5 ............................................................ 4 1.9.2 Review.................................................................. ............................................................... 5 1.9.3 Disputes................................................................ ............................................................. 5 1.9.4 Resolution by Parties................................................... ................................................ 5 1.9.5 Final Determination..................................................... .................................................. 5 1.9.6 Expenses................................................................ ............................................................. 6

Conversion of Stock. 3 1.6.1 Merger Sub Capital Stock................................................ .............................................. 3 1.6.2 Cancellation of the Company Treasury Stock.............................. ............................ 3 1.6.3 Merger Consideration.................................................... .................................................. 3 1.7 Exchange of and Payment for Stock.............................................. 4 ............................................. 3 1.7.1 Delivery of Company Common Stock and Closing Merger Consideration....... 4 ..... 3 1.7.2 Assignments............................................................. ........................................................... 4 1.7.3 Payment In Full Satisfaction of All Rights.............................. ............................ 4 1.8 Determination of Closing Merger Consideration.................................. ................................. 4 1.8.1 Delivery of IPO Price to Public; Statement.............................. ............................................................. 4 1.9 Post-Closing Determination of Total Final Merger Consideration....................... 5 ...................... 4 1.9.1 Statement............................................................... 5 ............................................................. 4 1.9.2 Review.................................................................. 5 ................................................................ 4 1.9.3 Disputes................................................................ .............................................................. 5 1.9.4 Resolution by Parties................................................... ................................................. 5 1.9.5 Final Determination..................................................... ................................................... 5 1.9.6 Expenses................................................................ 6.............................................................. 5 1.10

Conversion of Stock. 3 1.6.1 Merger Sub Capital Stock................................................ ........................................................... 3 1.6.2 Cancellation of the Company Treasury Stock.............................. ......................................... 3 1.6.3 Merger Consideration.................................................... ............................................................... 3 1.7 Exchange of and Payment for Stock.............................................. 4 ......................................................... 3 1.7.1 Delivery of Company Common Stock and Closing Merger Consideration....... 4 .................. 3 1.7.2 Assignments............................................................. ........................................................................ 4 1.7.3 Payment In Full Satisfaction of All Rights.............................. ......................................... 4 1.8 Determination of Closing Merger Consideration.................................. ............................................. 4 1.8.1 Delivery of IPO Price to Public; Statement.............................. ......................................... 4 1.9 Post-Closing Determination of Total Final Merger Consideration....................... 5 .................................. 4 1.9.1 Statement............................................................... 5 .......................................................................... 4 1.9.2 Review.................................................................. 5 ............................................................................. 4 1.9.3 Disputes................................................................ 5 ........................................................................... 4 1.9.4 Resolution by Parties................................................... .............................................................. 5 1.9.5 Final Determination..................................................... ................................................................ 5 1.9.6 Expenses................................................................ 6........................................................................... 5

Conversion of Stock. 3 1.6.1 Merger Sub Capital Stock................................................ ......................................................... 3 1.6.2 Cancellation of the Company Treasury Stock.............................. ....................................... 3 1.6.3 Merger Consideration.................................................... ............................................................. 3 1.7 Exchange of and Payment for Stock.............................................. ....................................................... 4 1.7.1 Delivery of Company Common Stock and Closing Merger Consideration....... ................ 4 1.7.2 Assignments............................................................. ...................................................................... 4 1.7.3 Payment In Full Satisfaction of All Rights.............................. ....................................... 4 1.8 Determination of Closing Merger Consideration.................................. ........................................... 4 1.8.1 Delivery of IPO Price to Public; Statement.............................. ....................................... 4 1.9 Post-Closing Determination of Total Merger Consideration....................... ................................ 5 1.9.1 Statement............................................................... ........................................................................ 5 1.9.2 Review.................................................................. ........................................................................... 5 1.9.3 Disputes................................................................ ......................................................................... 5 1.9.4 Resolution by Parties................................................... ............................................................ 5 1.9.5 Final Determination..................................................... 5 .............................................................. 6 1.9.6 Expenses................................................................ ......................................................................... 6

Conversion of Stock. 3 7 1.6.1 Merger Sub Capital Stock................................................ 3 .................................. 7 1.6.2 Cancellation of the Company Treasury Stock.............................. 3 ................ 7 1.6.3 Merger Consideration.................................................... 3 ...................................... 7 1.7 Exchange of and Payment for Stock.............................................. 4 ................................ 7 1.7.1 Delivery of Company Common Stock and Closing Merger Consideration....... 4 ............................ 7 1.7.2 Assignments............................................................. 4 ............................................... 7 1.7.3 Payment In Full Satisfaction of All Rights.............................. 4 ................ 7 1.8 Determination of Closing Merger Consideration.................................. 4 .................... 7 1.8.1 Delivery of IPO Price to Public; Statement.............................. 4 ................ 7 1.9 Post-Closing Determination of Total Final Merger Consideration....................... 5 ......... 8 1.9.1 Statement............................................................... 5 ................................................. 8 1.9.2 Review.................................................................. 5 .................................................... 8 1.9.3 Disputes................................................................ 5 .................................................. 8 1.9.4 Resolution by Parties................................................... 5 1.9.5 Final Determination..................................................... 5 1.9.6 Expenses................................................................ 6..................................... 8 1.9.5

Conversion of Stock. 3 1.6.1 Merger Sub Capital Stock................................................ .............................................. 3 1.6.2 Cancellation of the Company Treasury Stock.............................. ............................ 3 1.6.3 Merger Consideration.................................................... .................................................. 3 1.7 Exchange of and Payment for Stock.............................................. ............................................ 4 1.7.1 Delivery of Company Common Stock and Closing Merger Consideration....... ..... 4 1.7.2 Assignments............................................................. ........................................................... 4 1.7.3 Payment In Full Satisfaction of All Rights.............................. ............................ 4 1.8 Determination of Closing Merger Consideration.................................. ................................ 4 1.8.1 Delivery of IPO Price to Public; Statement.............................. ............................ 4 1.9 Post-Closing Determination of Total Merger Consideration....................... 5 ............................ 4 1.9.1 Statement............................................................... 5 ............................................................. 4 1.9.2 Review.................................................................. ................................................................ 5 1.9.3 Disputes................................................................ .............................................................. 5 1.9.4 Resolution by Parties................................................... ................................................. 5 1.9.5 Final Determination..................................................... ................................................... 5 1.9.6 Expenses................................................................ .............................................................. 6

Conversion of Stock. 3 1.6.1 Merger Sub Capital Stock................................................ .................................... 3 1.6.2 Cancellation of the Company Treasury Stock and Authorized but Unissued Stock.............................. ............................. 3 1.6.3 Merger Consideration.................................................... ........................................ 3 1.7 Exchange of and Payment for Stock.............................................. .................................. 4 1.7.1 Delivery of Company Common Stock and Closing Merger Consideration....... ; Appraisal Rights........................... 4 1.7.2 Assignments............................................................. Return of Stock Certificates................................ 4 1.7.3 Assignments................................................. 5 1.7.4 Payment In Full Satisfaction of All Rights.............................. 4 .................. 5 1.8 Determination of Closing Merger Consideration.................................. 4 ...................... 5 1.8.1 Delivery of IPO Price to Public; Statement.............................. 4 .................. 5 1.9 Post-Closing Determination of Total Merger Consideration....................... .................. 5 1.9.1 Statement............................................................... ................................................... 5 1.9.2 Review.................................................................. ...................................................... 5 1.9.3 Disputes................................................................ 5 .................................................... 6 1.9.4 Resolution by Parties................................................... 5 1.9.5 Final Determination..................................................... 5 1.9.6 Expenses................................................................ 6....................................... 6 1.9.5

Conversion of Stock. 3 1.6.1 Merger Sub Capital Stock................................................ .......................................... 3 1.6.2 Cancellation of the Company Treasury Stock.............................. ........................ 3 1.6.3 Merger Consideration.................................................... .............................................. 3 1.7 Exchange of and Payment for Stock.............................................. ........................................ 4 1.7.1 Delivery of Company Common Stock and Closing Merger Consideration....... ......... 4 1.7.2 Assignments............................................................. ....................................................... 4 1.7.3 Payment In Full Satisfaction of All Rights.............................. ........................ 4 1.8 Determination of Closing Merger Total Consideration.................................. ..................................... 4 1.8.1 Delivery of IPO Price to Public; Statement.............................. ........................ 4 1.9 Post-Closing Cash Tax Distribution Addition........................................... 4 1.9.1 Determination and Payment of Total Merger Consideration....................... 5 1.9.1 the Cash Tax Distribution Addition... 4 1.9.2 Statement............................................................... 5 1.9.2 Review.................................................................. ......................................................... 5 1.9.3 Disputes................................................................ Review............................................................ 5 1.9.4 Disputes.......................................................... 5 1.9.5 Resolution by Parties................................................... ............................................. 5 1.9.5 Final Determination..................................................... 5 1.9.6 Expenses................................................................ 61.9.6

Conversion of Stock. 3 1.6.1 Merger Sub Capital Stock................................................ .......................................... 3 1.6.2 Cancellation of the Company Treasury Stock.............................. ........................ 3 1.6.3 Merger Consideration.................................................... .............................................. 3 1.7 Exchange of and Payment for Stock.............................................. ........................................ 4 1.7.1 Delivery of Company Common Stock and Closing Merger Consideration....... . 4 1.7.2 Assignments............................................................. ....................................................... 4 1.7.3 Payment In Full Satisfaction of All Rights.............................. ........................ 4 1.8 Determination of Closing Merger Consideration.................................. 4 1.8.1 Delivery of IPO Price to Public; Statement.............................. 4 1.9 Post-Closing Determination of Total Final Merger Consideration....................... 5 1.9.1 ................. 4 1.8.1 Statement............................................................... 5 1.9.2 ......................................................... 4 1.8.2 Review.................................................................. 5 1.9.3 ............................................................ 4 1.8.3 Disputes................................................................ 5 1.9.4 .......................................................... 4 1.8.4 Resolution by Parties................................................... ............................................. 5 1.9.5 1.8.5 Final Determination..................................................... ............................................... 5 1.9.6 1.8.6 Expenses................................................................ 6.......................................................... 5 1.9 Additional Consideration................................................. 5

Conversion of Stock. 3 1.6.1 Merger Sub Capital Stock................................................ .................................................. 3 1.6.2 Cancellation of the Company Treasury Stock.............................. ................................ 3 1.6.3 Merger Consideration.................................................... ...................................................... 3 1.6.4 Election.................................................................. 4 1.7 Exchange of and Payment for Stock.............................................. ................................................ 4 1.7.1 Delivery of Company Common Stock and Closing Merger Consideration....... ......... 4 1.7.2 Assignments............................................................. ............................................................... 4 1.7.3 Payment In Full Satisfaction of All Rights.............................. ................................ 4 1.8 Determination of Closing Merger Consideration.................................. .................................... 4 1.8.1 Delivery of IPO Price to Public; Statement.............................. ................................ 4 1.9 Post-Closing Determination of Total Final Merger Consideration....................... ......................... 5 1.9.1 Statement............................................................... ................................................................. 5 1.9.2 Review.................................................................. .................................................................... 5 1.9.3 Disputes................................................................ .................................................................. 5 1.9.4 Resolution by Parties................................................... ..................................................... 5 1.9.5 Final Determination..................................................... 5 ....................................................... 6 1.9.6 Expenses................................................................ .................................................................. 6

Conversion of Stock. 3 1.6.1 Merger Sub Capital Stock................................................ ....................................................................... 3 1.6.2 Cancellation of the Company Treasury Stock.............................. 3 1.6.3 Merger Consideration.................................................... ........................................................................... 3 1.7 Exchange of and Payment for Stock.............................................. 4 ...................................................................... 3 1.7.1 Delivery of Company Common Stock and Closing Merger Consideration....... 4 .............................. 3 1.7.2 Assignments............................................................. 4 .................................................................................... 3 1.7.3 Payment In Full Satisfaction of All Rights.............................. 4 ..................................................... 3 1.8 Determination of Closing Merger Consideration.................................. .......................................................... 4 1.8.1 Delivery of IPO Price to PublicParent Common Stock Value; Statement.............................. ........................................................... 4 1.9 Post-Closing Determination of Total Final Merger Consideration....................... 5 ............................................... 4 1.9.1 Statement............................................................... 5 ...................................................................................... 4 1.9.2 Review.................................................................. 5 ......................................................................................... 4 1.9.3 Disputes................................................................ 5 ....................................................................................... 4 1.9.4 Resolution by Parties................................................... 5 .......................................................................... 4 1.9.5 Final Determination..................................................... ............................................................................ 5 1.9.6 Expenses................................................................ 6....................................................................................... 5

Conversion of Stock. 3 1.6.1 Merger Sub Capital Stock................................................ .......................................... 3 1.6.2 Cancellation of the Company Treasury Stock.............................. ........................ 3 1.6.3 Merger Consideration.................................................... .............................................. 3 1.7 Exchange of and Payment for Stock.............................................. ........................................ 4 1.7.1 Delivery of Company Common Stock and Closing Merger Consideration....... . 4 1.7.2 Assignments............................................................. ....................................................... 4 1.7.3 Payment In Full Satisfaction of All Rights.............................. ........................ 4 1.8 Determination of Closing Merger Consideration.................................. ............................ 4 1.8.1 Delivery of IPO Price to Public; Statement.............................. ........................ 4 1.9 Post-Closing Determination of Total Merger Consideration....................... 5 ........................ 4 1.9.1 Statement............................................................... 5 ......................................................... 4 1.9.2 Review.................................................................. ............................................................ 5 1.9.3 Disputes................................................................ .......................................................... 5 1.9.4 Resolution by Parties................................................... ............................................. 5 1.9.5 Final Determination..................................................... ............................................... 5 1.9.6 Expenses.......................................................... 6 2. REPRESENTATIONS AND WARRANTIES OF THE COMPANY AND THE SHAREHOLDER............... 6 2.1 Exhibit 2................................................................ 66 2.2