Common use of MERGER SUBSIDIARY CAPITAL STOCK Clause in Contracts

MERGER SUBSIDIARY CAPITAL STOCK. Each share of common stock, par value $0.01 per share, of Merger Subsidiary outstanding immediately prior to the Effective Time shall be converted into one validly issued, fully paid and nonassessable share of common stock, par value $0.01 per share, of the Surviving Corporation.

MERGER SUBSIDIARY CAPITAL STOCK. Each share of common stock, par value $0.01 per share, capital ------------------------------- stock of the Merger Subsidiary issued and outstanding immediately prior to the Effective Time shall be converted converted, by virtue of the Merger, into one validly issued, fully paid and nonassessable share of common stock, par value $0.01 per share, stock of the Surviving Corporation.

MERGER SUBSIDIARY CAPITAL STOCK. Each issued and outstanding share of common stock, no par value $0.01 per share, of Merger Subsidiary outstanding immediately prior to the Effective Time shall be converted into and become one validly issued, fully paid and nonassessable share of common stock, par value $0.01 .01 per share, of the Surviving Corporation.

MERGER SUBSIDIARY CAPITAL STOCK. Each share of common stock, par value $0.01 per share, stock of Merger Subsidiary issued and outstanding immediately prior to the Effective Time shall be converted into and become one validly issued, fully paid and nonassessable share of common stock, par value $0.01 0.001 per share, of the Surviving Corporation with the same rights, powers and privileges as the shares so converted and shall constitute the only outstanding shares of capital stock of the Surviving Corporation, all such shares to be held solely by Parent.