Common use of Effect on Merger Sub Stock Clause in Contracts

Effect on Merger Sub Stock. At the Effective Time, each share of common stock, par value $0.0001 per share, of Merger Sub then issued and outstanding will, by virtue of the Merger and without any action on the part of the Parent, Merger Sub, the Company, or the holder thereof, be converted into and become one fully paid and nonassessable share of common stock, par value $0.0001 per share, of the Surviving Corporation.

Effect on Merger Sub Stock. At the Effective Time, each share of common stock, par value $0.0001 per share, of Merger Sub then issued and outstanding will, by virtue of the Merger and without any action on the part of the Parent, holder of Merger SubSub Stock, the Company, or sole share of Merger Sub Stock issued and outstanding immediately prior to the holder thereof, Effective Time shall be converted into and become one newly issued, fully paid and nonassessable share of common stock, par value $0.0001 .01 per share, of the Surviving Corporation.

Effect on Merger Sub Stock. At the Effective Time, each share of common stock, par value $0.0001 0.002 per share, of Merger Sub then issued and outstanding will, by virtue of the Merger and without any action on the part of the ParentTyhee, Merger Sub, the CompanySanta Fe, or the holder thereof, be converted into and become one fully paid and nonassessable share of common stock, par value $0.0001 0.002 per share, of the Surviving Corporation.

Effect on Merger Sub Stock. At the Effective Time, each share of common stock, par value $0.0001 0.002 per share, of Merger Sub then issued and outstanding will, by virtue of the Merger and without any action on the part of the ParentIGS, Merger Sub, the CompanySFEG, or the holder thereof, be converted into and become one fully paid and nonassessable share of common stock, par value $0.0001 0.002 per share, of the Surviving Corporation.