Common use of Effect on Capital Stock of Merger Sub Clause in Contracts

Effect on Capital Stock of Merger Sub. Each share of common stock, $.0001 par value per share, of Merger Sub 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, $.0001 par value per share, of the Surviving Corporation. Each stock certificate of Merger Sub evidencing ownership of any such shares shall continue to evidence ownership of such shares of capital stock of the Surviving Corporation.

Effect on Capital Stock of Merger Sub. Each share of common stock, $.0001 par value $0.10 per share, of Merger Sub 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, $.0001 par value $0.01 per share, of the Surviving Corporation. Each From and after the Effective Time, each certificate evidencing ownership of shares of the common stock certificate of Merger Sub evidencing ownership of any such shares issued and outstanding immediately prior to the Effective Time shall continue to evidence ownership of such shares of capital common stock of the Surviving Corporation.

Effect on Capital Stock of Merger Sub. Each share of common stock, $.0001 par value $0.01 per share, of Merger Sub 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, $.0001 par value $5.00 per share, of the Surviving Corporation. Each From and after the Effective Time, each certificate evidencing ownership of shares of the common stock certificate of Merger Sub evidencing ownership of any such shares issued and outstanding immediately prior to the Effective Time shall continue to evidence ownership of such shares of capital common stock of the Surviving Corporation.