Merger Consideration; Conversion of Shares. (a) As of the Effective Time, all of the shares of Common Stock of the Company, no par value per share ("Company Stock"), issued and outstanding immediately prior to the Effective Time, by virtue of the Merger and without any action on the part of the holders thereof, shall be automatically converted to, in the aggregate, shares of Common Stock of the Parent, par value $.01 per share ("Parent Stock") and cash, as follows (collectively, the "Merger Consideration"):
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Samples: Agreement and Plan of Merger and Reorganization (Bizness Online Com), Employment Agreement (Bizness Online Com), Employment Agreement (Bizness Online Com)
Merger Consideration; Conversion of Shares. (a) As of the Effective Time, all of the shares of Common Stock capital stock of the Company, no par value per share Company ("Company Stock"), issued and outstanding immediately prior to the Effective Time, by virtue of the Merger and without any action on the part of the holders thereof, shall be automatically converted to, in the aggregate, shares of Common Stock common stock of the Parent, par value $.01 per share ("Parent Stock") and cash, as follows (collectively, the "Merger Consideration"):
Appears in 3 contracts
Samples: Agreement and Plan of Merger and Reorganization (Miller Kirk), Agreement and Plan of Merger and Reorganization (Bizness Online Com), Agreement and Plan of Merger and Reorganization (Bizness Online Com)
Merger Consideration; Conversion of Shares. (a) As of the Effective Time, all of the shares of Common Stock of the Company, no $10 par value per share ("Company Stock"), issued and outstanding immediately prior to the Effective Time, by virtue of the Merger and without any action on the part of the holders thereof, shall be automatically converted to, in the aggregate, shares of Common Stock of the Parent, par value $.01 per share ("Parent Stock") and cash, as follows (collectively, the "Merger Consideration"):
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Merger Consideration; Conversion of Shares. (a) As of the Effective Time, all of the shares of Common Stock of the Company, no par value per share ("Company Stock"), issued and outstanding immediately prior to the Effective Time, by virtue of the Merger and without any action on the part of the holders thereof, shall be automatically converted to, in the aggregate, shares of Common Stock of the Parent, par value $.01 per share ("Parent Stock") and cashpromissory notes, as follows (collectively, the "Merger Consideration"):
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