Common use of PARTIES TO THE CONVERSION MERGER Clause in Contracts

PARTIES TO THE CONVERSION MERGER. The names of the constituent business entities that are parties to the Conversion Merger are EXM LLC (referred to herein as "New Ashland LLC") and New EXM Inc. (referred to herein as "New Ashland Inc."). Upon the terms and subject to the conditions set forth herein, at the Conversion Merger Effective Time, New Ashland LLC shall merge with and into New Ashland Inc., the separate existence of New Ashland LLC shall cease and New Ashland Inc. will be the surviving business entity of the Conversion Merger. Pursuant to the amendment referred to in Section 3.06(a), the name of the surviving business entity of the Conversion Merger shall be changed to Ashland Inc.

PARTIES TO THE CONVERSION MERGER. The names of the constituent business entities that are parties to the Conversion Merger are EXM LLC (referred to herein as "“New Ashland LLC"”) and New EXM Inc. (referred to herein as "“New Ashland Inc."”). Upon the terms and subject to the conditions set forth herein, at the Conversion Merger Effective Time, New Ashland LLC shall merge with and into New Ashland Inc., the separate existence of New Ashland LLC shall cease and New Ashland Inc. will be the surviving business entity of the Conversion Merger. Pursuant to the amendment referred to in Section 3.06(a), the name of the surviving business entity of the Conversion Merger shall be changed to Ashland Inc.