Conversion of Sub Stock. At the Effective Time, each share of Sub common stock that is issued and outstanding immediately prior to the Effective Time shall be converted into and exchanged for one validly issued, fully paid and nonassessable share of common stock of the Surviving Corporation (as defined below).
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Samples: Agreement and Plan of Merger (Datameg Corp), Agreement and Plan of Merger (Intermix Media, Inc.)
Conversion of Sub Stock. At the Effective Time, each share of ----------------------- Sub common stock that is issued and outstanding immediately prior to the Effective Time shall will continue after the Effective Time to be converted into and exchanged for one validly issued, fully paid and nonassessable an identical outstanding share of common stock of the Surviving Corporation (as defined below).
Appears in 2 contracts
Samples: Agreement and Plan of Reorganization (At Home Corp), Agreement and Plan of Reorganization (At Home Corp)
Conversion of Sub Stock. At the Effective Time, each share of Sub common stock that is issued and outstanding immediately prior to the Effective Time shall be converted into and exchanged for one validly issued, fully paid and nonassessable non-assessable share of common stock of the Surviving Corporation (as defined below).
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Conversion of Sub Stock. At the Effective Time, each ----------------------- share of Sub common stock that is issued and outstanding immediately prior to the Effective Time shall will continue after the Effective Time to be converted into and exchanged for one validly issued, fully paid and nonassessable an identical outstanding share of common stock of the Surviving Corporation (as defined belowin Section 2.6).
Appears in 1 contract
Samples: Pemstar Inc
Conversion of Sub Stock. At the Effective Time, each share of ----------------------- Sub common stock that is issued and outstanding immediately prior to the Effective Time shall will continue after the Effective Time to be converted into and exchanged for one validly issued, fully paid and nonassessable an identical outstanding share of common stock of the Surviving Corporation (as defined belowin Section 2.6).
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