Common use of Acquisition Common Stock Clause in Contracts

Acquisition Common Stock. Each share of common stock, no par value, of Acquisition ("Acquisition Common Stock") issued and outstanding immediately prior to the merger shall, by virtue of the merger and without any action on the part of the holder thereof, be automatically converted into and exchangeable for one share of the common stock, no par value, of the Surviving Corporation.

Acquisition Common Stock. Each share of common stock, no par value, of Acquisition ("Acquisition Common Stock") issued and outstanding immediately prior to the merger Merger shall, by virtue of the merger Merger and without any action on the part of the holder thereof, be automatically converted into and exchangeable for one share of the common stock, no par value, of the Surviving Corporation.