Common use of Manner and Basis of Converting Shares Clause in Contracts

Manner and Basis of Converting Shares. A. At the Effective Time, each share of common stock of EETL, $0.10 par value per share (the "EETL Common Stock"), which shall be issued and outstanding (other than shares of EETL Common Stock held in treasury) shall, by virtue of the Merger and without any action on the part of the holder thereof, be converted into the right to receive ______________________ (________) shares of common stock, $0.01 par value per share, of Republic Waste Industries, Inc., a Delaware corporation and the parent of Republic Sub ("Republic Common Stock"). Fractional shares of Republic Common Stock will not be issued, instead shares of Republic Common Stock will be issued determined to the nearest whole share of Republic Common Stock.

Manner and Basis of Converting Shares. A. At the Effective Time, each share of common stock of EETLDuncxx, $0.10 000.00 par value per share (the "EETL Common Duncxx Xxxmon Stock"), which shall be issued and outstanding (other than shares of EETL Common Duncxx Xxxmon Stock held in treasury) shall, by virtue of the Merger and without any action on the part of the holder thereof, be converted into the right to receive ______________________ (________) )shares of common stock, $0.01 par value per share, of Republic Waste Industries, Inc., a Delaware corporation and the parent of Republic Sub ("Republic Common Stock"). Fractional shares of Republic Common Stock will not be issued, instead shares of Republic Common Stock will be issued determined to the nearest whole share of Republic Common Stock.

Manner and Basis of Converting Shares. A. At the Effective Time, each share of common stock of EETLTos-It, $0.10 no par value per share (the "EETL Tos-It Common Stock"), which shall be issued and outstanding (other than shares of EETL Tos-It Common Stock held in treasury) shall, by virtue of the Merger and without any action on the part of the holder thereof, be converted into the right to receive ______________________ (________) shares of common stock, $0.01 par value per share, of Republic Waste Industries, Inc., a Delaware corporation and the parent of Republic Sub ("Republic Common Stock"). Fractional shares of Republic Common Stock will not be issued, instead shares of Republic Common Stock will be issued determined to the nearest whole share of Republic Common Stock.

Manner and Basis of Converting Shares. A. At the Effective Time, each share of common stock of EETLTrashaway, $0.10 1.00 par value per share (the "EETL Trashaway Common Stock"), which shall be issued and outstanding (other than shares of EETL Trashaway Common Stock held in treasury) shall, by virtue of the Merger and without any action on the part of the holder thereof, be converted into the right to receive ______________________ (________) shares of common stock, $0.01 par value per share, of Republic Waste Industries, Inc., a Delaware corporation and the parent of Republic Sub ("Republic Common Stock"). Fractional shares of Republic Common Stock will not be issued, instead shares of Republic Common Stock will be issued determined to the nearest whole share of Republic Common Stock.

Manner and Basis of Converting Shares. A. At the Effective Time, each share of common stock of EETLPantego, $0.10 par value per share (the "EETL Pantego Common Stock"), which shall be issued and outstanding (other than shares of EETL Pantego Common Stock held in treasury) shall, by virtue of the Merger and without any action on the part of the holder thereof, be converted into the right to receive ______________________ (________) shares of common stock, $0.01 par value per share, of Republic Waste Industries, Inc., a Delaware corporation and the parent of Republic Sub ("Republic Common Stock"). Fractional shares of Republic Common Stock will not be issued, instead shares of Republic Common Stock will be issued determined to the nearest whole share of Republic Common Stock.

Manner and Basis of Converting Shares. A. At the Effective Time, each share of common stock of EETLWes Xxx, $0.10 1.00 par value per share (the "EETL Wes Xxx Common Stock"), which shall be issued and outstanding (other than shares of EETL Wes Xxx Common Stock held in treasury) shall, by virtue of the Merger and without any action on the part of the holder thereof, be converted into the right to receive ______________________ (________) shares of common stock, $0.01 par value per share, of Republic Waste Industries, Inc., a Delaware corporation and the parent of Republic Sub ("Republic Common Stock"). Fractional shares of Republic Common Stock will not be issued, instead shares of Republic Common Stock will be issued determined to the nearest whole share of Republic Common Stock.

Manner and Basis of Converting Shares. A. At the Effective Time, each share of common stock of EETLGrand, $0.10 10.00 par value per share (the "EETL Grand Common Stock"), which shall be issued and outstanding (other than shares of EETL Grand Common Stock held in treasury) shall, by virtue of the Merger and without any action on the part of the holder thereof, be converted into the right to receive ______________________ (________) )shares of common stock, $0.01 par value per share, of Republic Waste Industries, Inc., a Delaware corporation and the parent of Republic Sub ("Republic Common Stock"). Fractional shares of Republic Common Stock will not be issued, instead shares of Republic Common Stock will be issued determined to the nearest whole share of Republic Common Stock.