Shares of Survivor. Each share of the common stock of NLIC issued and outstanding at the Effective Time shall thereupon, without further action, remain outstanding as one share of the common stock of the Surviving Corporation, without the issuance or exchange of new shares or share certificates, and no additional shares of the Surviving Corporation shall be issued.
Appears in 13 contracts
Samples: Plan and Agreement of Merger (Nationwide Provident Va Separate Account 1), Plan and Agreement of Merger (Nationwide Provident Vli Separate Account 1), Plan and Agreement of Merger (Nationwide Provident Va Separate Account 1)