Common use of Share Capital of Merger Sub Clause in Contracts

Share Capital of Merger Sub. Each share of Merger Sub that is issued and outstanding immediately prior to the Effective Time will, by virtue of the Acquisition Merger and without further action on the part of the sole shareholder of Merger Sub, be converted into and become one ordinary share of the Surviving Corporation (and such share of the Surviving Corporation into which the ordinary share of Merger Sub are so converted shall be the only share of the Surviving Corporation that is issued and outstanding immediately after the Effective Time).

Share Capital of Merger Sub. Each share of Merger Sub that is issued and outstanding immediately prior to the Effective Time will, by virtue of the Acquisition Merger and without further action on the part of the sole shareholder of Merger Sub, be converted into and become one ordinary share of the Surviving Corporation (and such share of the Surviving Corporation into which the ordinary share of Merger Sub are is so converted shall be the only share of the Surviving Corporation that is issued and outstanding immediately after the Effective Time).

Share Capital of Merger Sub. Each share of Merger Sub that is Share issued and outstanding immediately prior to the Effective Time will, by virtue of the Acquisition Merger and without further action on the part of the sole shareholder of Merger Sub, shall be converted into and become one ordinary share duly authorized, validly issued, fully paid and nonassessable common share, par value $1.00 per share, of the Surviving Corporation Company (the “Surviving Company Shares”), and such share converted shares shall constitute the only issued and outstanding shares of the Surviving Corporation into which the ordinary share of Merger Sub are so converted Company. The Surviving Company Shares shall be constitute the only class of authorized share capital of the Surviving Corporation that is issued and outstanding immediately after the Effective Time)Company.

Share Capital of Merger Sub. Each share of Merger Sub that is issued and outstanding immediately prior to the Effective Time and held solely by the Purchaser will, by virtue of the Acquisition Merger and without further action on the part of the sole shareholder of Merger Sub, be converted into and become one ordinary share of the Surviving Corporation (and such share of the Surviving Corporation into which the ordinary share of one Merger Sub are Ordinary Share is so converted shall be the only share of the Surviving Corporation that is issued and outstanding immediately after the Effective Time). The register of members of the Surviving Corporation shall be updated accordingly.

Share Capital of Merger Sub. Each ordinary share of Merger Sub that is issued and outstanding immediately prior to the Effective Time willshall, by virtue of the Acquisition Merger and without further action on the part of the sole shareholder of Parent or Merger Sub, be converted into and become one fully paid and nonassessable ordinary share share, par value NIS 0.01 per share, of the Surviving Corporation (as shall be issued and outstanding as of the Effective Time and such ordinary shares shall constitute the only outstanding share capital of the Surviving Corporation into which the ordinary share of Merger Sub are so converted shall be the only share of the Surviving Corporation that is issued and outstanding immediately after the Effective Time)Corporation.

Share Capital of Merger Sub. Each share of common stock of the Merger Sub that is issued and outstanding immediately prior to the Effective Time will, by virtue of the Acquisition Merger and without further action on the part of the sole shareholder of Merger Sub, be converted into and become one ordinary share of common stock of the Surviving Corporation (and such share of common stock of the Surviving Corporation into which the ordinary share of common stock of the Merger Sub are so converted shall be the only share of common stock of the Surviving Corporation that is issued and outstanding immediately after the Effective Time).

Share Capital of Merger Sub. Each share of Merger Sub that is Share issued and outstanding immediately prior to the Effective Time will, by virtue of the Acquisition Merger and without further action on the part of the sole shareholder of Merger Sub, shall automatically be converted into and become one ordinary share (1) duly authorized, validly issued, fully paid and nonassessable Surviving Company Share, and such converted shares, together with the Series A Preferred Shares, shall constitute the only outstanding shares of the Surviving Corporation (and such share of the Surviving Corporation into which the ordinary share of Merger Sub are so converted shall be the only share of the Surviving Corporation that is issued and outstanding immediately after the Effective Time).Company;

Share Capital of Merger Sub. Each share of The Merger Sub Ordinary Share that is issued and outstanding immediately prior to the Effective Time will, by virtue of the Acquisition Merger and without further action on the part of the sole shareholder of Merger Sub, be converted into and become one ordinary share of the Surviving Corporation (and such share of the Surviving Corporation into which the ordinary share of Merger Sub are Ordinary Share is so converted shall be the only share of the Surviving Corporation that is issued and outstanding immediately after the Effective Time).

Share Capital of Merger Sub. Each share of Merger Sub that is issued and outstanding immediately prior to the Effective Time willshall, by virtue of the Acquisition Merger and without further action on the part of the sole shareholder of Merger Sub, be converted into and become one issued and outstanding ordinary share share, par value US$0.0001 per share, of the Surviving Corporation (Company, which shall constitute the only issued and such share outstanding shares of the Surviving Corporation into which the ordinary share of Merger Sub are so converted shall be the only share of the Surviving Corporation that is issued and outstanding Company immediately after the Effective Time), and shall be owned by Parent.

Share Capital of Merger Sub. Each share of Merger Sub that is issued and outstanding immediately prior to the Effective Time will, by virtue of the Acquisition Merger and without further action on the part of the sole shareholder stockholder of Merger Sub, be converted into and become one ordinary share of the Surviving Corporation (and such share of the Surviving Corporation into which the ordinary share of Merger Sub are so converted shall be the only share of the Surviving Corporation that is issued and outstanding immediately after the Effective TimeTime and prior to the issuance of the Closing Payment Shares).

Share Capital of Merger Sub. Each share of Merger Sub that is issued and outstanding immediately prior to the Effective Time will, by virtue of the Acquisition Merger and without further action on the part of the sole shareholder stockholder of Merger Sub, be converted into and become one ordinary share of common stock of the Surviving Corporation (and such share of the Surviving Corporation into which the ordinary share common stock of Merger Sub are so converted shall be the only share of the Surviving Corporation that is issued and outstanding immediately after the Effective TimeTime and prior to the issuance of the Closing Payment Stock).

Share Capital of Merger Sub. Each share of Merger Sub that is issued and outstanding immediately prior to the Effective Time will, by virtue of the Acquisition Merger and without further action on the part of the sole shareholder of Merger Sub, be converted into and become one ordinary share of the Surviving Corporation (and such share of the Surviving Corporation into which the ordinary share of one Merger Sub are Ordinary Share is so converted shall be the only share of the Surviving Corporation that is issued and outstanding immediately after the Effective Time).