Common use of Sub Common Stock Clause in Contracts

Sub Common Stock. Each share of common stock of SUB issued and outstanding immediately prior to the Effective Time shall, by virtue of the Merger and without any action on the part of the holder thereof, be converted into one fully paid and nonassessable share of common stock of the Surviving Corporation.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Omnicare Inc), Agreement and Plan of Merger (Compscripts Inc)

AutoNDA by SimpleDocs

Sub Common Stock. Each share of common stock of SUB issued and outstanding immediately prior to At the Effective Time shallTime, by virtue of the Merger and without any action on the part of the holder thereof, each share of common stock, par value $.01 per share, of the Sub (the "Sub Common Stock") issued and outstanding immediately prior to the Effective Time shall be converted into one validly issued, fully paid and nonassessable non-assessable share of common stock Common Stock of the Surviving Corporation.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Providence Service Corp)

Sub Common Stock. Each share of common stock stock, no par value ---------------- per share, of SUB Sub ("Sub Common Stock") issued and outstanding immediately prior ---------------- to the Effective Time shall, by virtue of the Merger and without any action on the part of the holder thereof, shall be converted into and exchanged for one validly issued, fully paid and nonassessable share of common stock, no par value per share, of the Surviving Corporation. Each stock certificate of Sub evidencing ownership of any such shares shall continue to evidence ownership of such shares of capital stock of the Surviving Corporation.

Appears in 1 contract

Samples: Plan of Merger (Infoseek Corp /De/)

Sub Common Stock. Each share of common stock of SUB issued and Sub Common Stock outstanding immediately prior to the Effective Time shall, by virtue of the Merger and without any action on the part of the holder thereof, will be automatically converted into and become one fully paid and nonassessable (1) share of common stock of the Surviving Corporation. As a result of the Merger the foregoing stock will represent one hundred percent (100%) of the issued and outstanding capital stock of the Surviving Corporation immediately after the Effective Time.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Chesapeake Energy Corp)

Sub Common Stock. Each share of common stock of SUB issued and Sub Common Stock ---------------- outstanding immediately prior to the Effective Time shall, by virtue of the Merger and without any action on the part of the holder thereof, will be automatically converted into and become one fully paid and nonassessable (1) share of common stock of the Surviving CorporationCorporation on a one for one basis. As a result of the Merger the foregoing stock will represent one hundred percent (100%) of the issued and outstanding capital stock of the Surviving Corporation immediately after the Effective Time.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Canaan Energy Corp)

Sub Common Stock. Each share The shares of common capital stock of SUB issued and outstanding immediately prior to the Effective Time Time, shall, by virtue of the Merger and without any action on the part of the holder thereoffurther action, be converted in the aggregate into one fully paid and nonassessable non-assessable share of common stock of the Surviving Corporation.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Newport International Group Inc)

Sub Common Stock. Each share of common stock stock, $0.0001 par value, of SUB issued and outstanding immediately prior to the Effective Time shall, by virtue of the Merger shall remain outstanding and without any action on the part of the holder thereof, shall be converted into and become one fully paid and nonassessable non-assessable share of common stock stock, nil par value, of the Surviving Corporation.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Airbee Wireless, Inc.)

Sub Common Stock. Each share of common stock stock, $.01 par value, of SUB issued and outstanding immediately prior to the Effective Time shall, by virtue of the Merger shall remain outstanding and without any action on the part of the holder thereof, shall be converted into and become one fully paid and nonassessable non assessable share of common stock stock, $0.01 par value, of the Surviving Corporation.

Appears in 1 contract

Samples: Agreement and Plan of Merger (RCG Companies Inc)

AutoNDA by SimpleDocs

Sub Common Stock. 1. Each share of common stock of SUB Sub One issued and outstanding immediately prior to the Effective Time shall, by virtue of the Merger One and without any action on the part of Sub One or the holder thereof, be converted into and become one fully paid and nonassessable share of common stock of Surviving Corporation One. From and after the Effective Time, each outstanding certificate theretofore representing shares of Sub One common stock shall be deemed for all purposes to evidence ownership of and to represent the number of shares of Surviving CorporationCorporation One common stock into which such shares of Sub One common stock shall have been converted.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Intermedia Communications Inc)

Sub Common Stock. Each share of common stock of SUB Sub issued and outstanding immediately prior to the Effective Time shall, by virtue of the Merger and without any action on the part of the holder thereof, shall be converted into and become one validly issued, fully paid and nonassessable share of common stock stock, $0.01 par value, of the Surviving Corporation.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Home Bancshares Inc)

Sub Common Stock. Each share of common stock of SUB Sub issued and outstanding immediately prior to the Effective Time shall, by virtue of the Merger and without any action on the part of the holder thereof, shall be converted into one fully paid and nonassessable share of common stock of the Surviving Corporation and such shares shall immediately thereafter constitute all of the issued and outstanding capital stock of the Surviving Corporation.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Symbol Technologies Inc)

Sub Common Stock. Each share of common stock stock, no par value per share, of SUB Merger Sub issued and outstanding immediately prior to the Effective Time shall, by virtue of the Merger and without any action on the part of the holder thereof, be converted into and exchangeable for one fully paid and nonassessable share of common stock of the Surviving Corporation.

Appears in 1 contract

Samples: Employment Agreement (PHC Inc /Ma/)

Sub Common Stock. Each share of common stock of SUB Sub issued and outstanding immediately prior to the Effective Time shall, by virtue of the Merger and without any action on the part of the holder thereof, shall be converted into and become one fully paid and nonassessable share of common stock stock, par value $0.01 per share, of the Surviving Corporation.

Appears in 1 contract

Samples: Agreement of Merger (Allscripts Healthcare Solutions Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.