Common use of Membership Interests of Merger Sub Clause in Contracts

Membership Interests of Merger Sub. Each issued and outstanding membership interest of Merger Sub shall be converted into and become an equivalent fully paid and nonassessable share of common stock, $0.01 par value per share, of the Surviving Entity.

Membership Interests of Merger Sub. Each The issued and outstanding membership interest interests of Merger Sub immediately prior to the Effective Time shall be converted into and become an equivalent fully paid and nonassessable one share of common stock, $0.01 par value $.01 per share, of the Surviving EntityCorporation.