Common use of Conversion of Target Capital Stock Clause in Contracts

Conversion of Target Capital Stock. (i) Each share of Target Common Stock issued and outstanding immediately prior to the Effective Time, other than any Dissenting Shares (as defined in Section 1.6(g)), shall be converted into the right to receive an amount of cash per share equal to the quotient obtained by dividing (1) $40,000 by (2) the number of shares of Target Common Stock issued and outstanding immediately prior to the Effective Time.

Conversion of Target Capital Stock. (i) Each At the Effective Time, each share of Common Stock (including all shares held by Exercising Optionees upon exercise of their options), par value $0.01 per share, of Target (the “Target Common Stock issued and Stock”) outstanding immediately prior to the Effective Time, other than any Dissenting Shares (as defined in Section 1.6(g)), Time shall be canceled and extinguished and be converted automatically into the right to receive an amount of cash per share equal to the quotient obtained by dividing (1) $40,000 by (2) the number of shares of Target Common Stock issued and outstanding immediately prior to the Effective Time.receive:

Conversion of Target Capital Stock. (i) Each share of Target Common Stock Stock, no par value ("Target Common Stock") issued and outstanding immediately prior to the Effective Time, Time (other than any Dissenting Shares (as defined in shares to be cancelled pursuant to Section 1.6(g1.6(c)), ) shall be converted into the right to receive an amount 0.286596 of cash per a share equal to the quotient obtained by dividing (1) $40,000 by (2) the number of shares of Target Acquiror Common Stock issued and outstanding immediately prior to (the Effective Time"Common Exchange Ratio").

Conversion of Target Capital Stock. (i) Each At the Effective Time, each share of Common Stock, no par value, of Target (the “Target Common Stock issued Stock”), and Preferred Stock, no par value, of Target (the “Target Preferred Stock,” and together with the Target Common Stock, the “Target Capital Stock”), outstanding immediately prior to the Effective Time, other than any Dissenting Shares (as defined in shares of Target Capital Stock to be canceled pursuant to Section 1.6(g)2.6(c), shall be canceled and extinguished and be converted automatically into the right to receive an amount of cash per share equal to the quotient obtained by dividing (1) $40,000 by (2) the number of shares of Target Common Stock issued and outstanding immediately prior to the Effective Time.receive:

Conversion of Target Capital Stock. (i) Each share At the Effective Time, each common share, without par value, of Target (the “Target Common Stock issued Stock”), and each series A convertible preferred share, without par value, of Target (the “Target Preferred Stock,” and together with the Target Common Stock, the “Target Capital Stock”), outstanding immediately prior to the Effective Time, other than any Dissenting Shares (as defined in shares of Target Capital Stock to be canceled pursuant to Section 1.6(g)2.6(b), shall be canceled and extinguished and be converted automatically into the right to receive an amount of cash per share equal to the quotient obtained by dividing (1) $40,000 by (2) the number of shares of Target Common Stock issued and outstanding immediately prior to the Effective Time.receive: