Common use of Treatment of Merger Sub Shares Clause in Contracts

Treatment of Merger Sub Shares. At the Effective Time, each issued and outstanding share of common stock, par value $0.01 per share, of Merger Sub (the “Merger Sub Shares”) shall be automatically converted into and become one (1) fully paid and nonassessable share of Surviving Company Stock. From and after the Effective Time, all certificates representing Merger Sub Shares shall be deemed for all purposes to represent the number of shares of Surviving Company Stock into which they were converted in accordance with the immediately preceding sentence.

Treatment of Merger Sub Shares. At the Effective Time, each issued and outstanding share of common stock, par value $0.01 0.001 per share, of Merger Sub (such stock, “Merger Sub Common Stock,” and all such shares, the “Merger Sub Shares”) issued and outstanding immediately prior to the Effective Time shall be automatically converted into and become one (1) fully paid and nonassessable share of common stock, par value $0.001 per share, of the Surviving Company Stock. From and after the Effective Time, all certificates representing Merger Sub Shares shall be deemed for all purposes to represent the number of shares of Surviving Company Stock into which they were converted in accordance with the immediately preceding sentenceCorporation.

Treatment of Merger Sub Shares. At the Effective Time, each issued and outstanding share of common stock, par value $0.01 0.001 per share, of Merger Sub (all such shares, the “Merger Sub Shares”) ), issued and outstanding immediately prior to the Effective Time shall be automatically converted into and become one (1) fully paid and nonassessable share of common stock, par value $0.001 per share, of the Surviving Company Stock. From and after the Effective Time, all certificates representing Merger Sub Shares shall be deemed for all purposes to represent the number of shares of Surviving Company Stock into which they were converted in accordance with the immediately preceding sentenceCorporation.

Treatment of Merger Sub Shares. At the Effective Time, each all issued and outstanding share shares of common stock, par value $0.01 per share, stock of Merger Sub (the “Merger Sub Shares”) shall be automatically converted into and become one (1) fully paid and nonassessable share of preferred stock, par value $0.01 per share, of the Surviving Company Stock. From Corporation having a redemption amount and after fair market value equal to the aggregate fair market value of the converted Merger Sub Shares immediately prior to the Effective Time, all certificates representing Merger Sub Shares shall be deemed for all purposes to represent the number of shares of Surviving Company Stock into which they were converted in accordance with the immediately preceding sentence.