Common use of Treatment of Merger Sub Stock Clause in Contracts

Treatment of Merger Sub Stock. By virtue of the Merger and without any further action on the part of Parent, Merger Sub, the Company or any stockholder of the Company or Merger Sub, each share of the common stock, par value $0.001 per share, of Merger Sub issued and outstanding immediately prior to the Effective Time shall remain issued and outstanding and shall be one (1) share of the common stock, par value $0.01 per share, of the Surviving Corporation. Each certificate evidencing ownership of shares of Merger Sub stock will evidence ownership of such shares of common stock of the Surviving Corporation.

Treatment of Merger Sub Stock. By virtue of the Merger and without any further action on the part of Parent, Merger Sub, the Company or any stockholder of the Company or Merger Sub, each share of the common stock, no par value $0.001 per share, of Merger Sub issued and outstanding immediately prior to the Effective Time shall remain issued and outstanding and shall be one (1) share of the common stock, no par value $0.01 per share, of the Surviving Corporation. Each certificate evidencing ownership of shares of Merger Sub stock will evidence ownership of such shares of common stock of the Surviving Corporation.

Treatment of Merger Sub Stock. By virtue of the Merger and without any further action on the part of Parent, Merger Sub, the Company or any stockholder of the Company or Merger Sub, each Each share of the common stock, par value $0.001 per share, stock or other capital stock of Merger Sub (the “Merger Sub Common Stock”) issued and outstanding immediately prior to before the Effective Time shall remain issued be converted into one validly issued, fully paid and outstanding and shall be one (1) nonassessable share of the common stock, par value $0.01 per share, stock of the Surviving Corporation. Each certificate evidencing ownership of shares of Merger Sub stock will Common Stock shall evidence ownership of such shares of common stock of the Surviving Corporation.

Treatment of Merger Sub Stock. By virtue of the Merger and without any further action on the part of Parent, Merger Sub, the Company or any stockholder of the Company or Merger Sub, each share of the common stock, par value $0.001 per share, of Merger Sub issued and outstanding immediately prior to the Effective Time shall remain issued and outstanding and shall be one (1) share of the common stock, par value $0.01 0.001 per share, of the Surviving Corporation. Each certificate evidencing ownership of shares of Merger Sub stock will evidence ownership of such shares of common stock of the Surviving Corporation.