Common use of Newco Shares Clause in Contracts

Newco Shares. As of the Effective Time, each share of capital stock of Newco issued and outstanding immediately prior to the Effective Time shall, without any action on the part of Newco, be converted on a one-for-one basis into shares of the corresponding class of capital stock of the Surviving Corporation.

Appears in 9 contracts

Samples: Agreement and Plan of Merger (Sykes Enterprises Inc), Agreement and Plan of Merger (WebMD Health Corp.), Agreement and Plan of Merger (Euramax International Inc)

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Newco Shares. As of the Effective Time, each share of capital stock of Newco issued and outstanding immediately prior to the Effective Time shall, without any action on the part of Newco, be converted on a an one-for-one basis into shares of the corresponding class of capital stock of the Surviving Corporation.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Focus Financial Partners Inc.)

Newco Shares. As of the Effective Time, each share of capital stock of Newco issued and outstanding immediately prior to the Effective Time shall, without any action on shall remain unaffected and be the part of Newco, be converted on a one-for-one basis into shares of the corresponding class of outstanding capital stock of the Surviving Corporation.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Sykes Enterprises Inc)

Newco Shares. As of At the Effective Time, each share by virtue of capital stock of Newco issued the Merger and outstanding immediately prior to the Effective Time shall, without any action on the part of the Company as the sole holder of the capital stock of Newco, each issued and outstanding share of common stock, par value $0.01 per share, of Newco shall be converted on a one-for-in one basis into shares share of the corresponding class of capital stock common stock, $0.00001 par value, of the Surviving Corporation.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Pointe Communications Corp)

Newco Shares. As of the Effective Time, each share of capital stock of Newco issued and outstanding immediately prior to the Effective Time shall, without any action on the part of Newco, be converted on a one-for-into one basis into shares share of the corresponding class of capital common stock of the Surviving Corporation.

Appears in 1 contract

Samples: Agreement and Plan of Merger (ModusLink Global Solutions Inc)

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Newco Shares. As of the Effective Time, each share of capital stock of Newco issued and outstanding immediately prior to the Effective Time shall, by virtue of the Merger and without any action on the part of NewcoNewco or any other party hereto, be converted on a one-for-one basis into shares of the corresponding class of capital stock of the Surviving Corporation.

Appears in 1 contract

Samples: Agreement and Plan of Merger (WebMD Health Corp.)

Newco Shares. As of At the Effective Time, each share of capital stock of Newco issued and then outstanding immediately prior to the Effective Time shall, by virtue of the Merger and without any further action on the part of Newcothe holder thereof, be converted on a one-for-into and thereafter shall constitute one basis into shares share of the corresponding class of capital common stock of the Surviving Corporation.

Appears in 1 contract

Samples: Merger Agreement (United Financial Corp \Mn\)

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