Common use of Share Capital of Merger Sub Clause in Contracts

Share Capital of Merger Sub. Each share of common stock, par value $0.001 per share, of Merger Sub issued and outstanding immediately prior to the Effective Time shall, at the Effective Time, by virtue of the Merger and without any action on the part of Parent, be converted into one (1) fully paid and non-assessable share of the common stock, par value $0.001 per share, of the Surviving Corporation, so that after the Effective Time, Parent shall be the holder of all of the issued and outstanding common stock of the Surviving Corporation.

Share Capital of Merger Sub. Each share of common stock, par value $0.001 0.01 per share, of Merger Sub issued and outstanding immediately prior to the Effective Time shall, at the Effective Time, by virtue of the Merger and without any action on the part of Parent, shall be converted into one (1) validly issued, fully paid and non-assessable share of the common stock, par value $0.001 0.01 per share, of the Surviving Corporation. Such shares of common stock, so that after together with the Effective Timeshares issued pursuant to Section 3.01(b), Parent shall be the holder of all of the only issued and outstanding common shares of capital stock of the Surviving Corporation, which shall be reflected in the stock ledger of the Surviving Corporation.

Share Capital of Merger Sub. Each share of common stock, par value $0.001 0.01 per share, of Merger Sub issued and outstanding immediately prior to the Effective Time shall, at the Effective Time, by virtue of the Merger and without any action on the part of Parent, be converted into one (1) fully paid and non-assessable nonassessable share of the common stock, par value $0.001 0.0001 per share, of the Surviving Corporation, so that after the Effective Time, Parent shall be the holder of all of the issued and outstanding common stock of the Surviving Corporation.

Share Capital of Merger Sub. Each share of common stock, par value $0.001 US$0.0001 per share, of Merger Sub issued and outstanding immediately prior to the Effective Time shall, at the Effective Time, by virtue of the Merger and without any action on the part of Parent, shall be converted into one (1) validly issued, fully paid and non-assessable share of the common stock, par value $0.001 US$0.0001 per share, of the Surviving Corporation, so that after the Effective Time, Parent . Such shares of common stock shall be the holder of all of the only issued and outstanding common shares of capital stock of the Surviving Corporation, which shall be reflected in the stock ledger of the Surviving Corporation.