Common use of Treatment of Purchaser Shares Clause in Contracts

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