Common use of Common Stock of Sub Clause in Contracts

Common Stock of Sub. Each share of common stock, par value $.01 per share, of Sub issued and outstanding on the Effective Date shall, by virtue of the Merger and without any action on the part of the holder thereof, remain outstanding and shall thereafter represent one share of common stock of the Surviving Corporation.

Appears in 2 contracts

Sources: Merger Agreement (Ophidian Pharmaceuticals Inc), Merger Agreement (Ophidian Pharmaceuticals Inc)

Common Stock of Sub. Each share of common stock, par value $.01 per share, of Sub issued and outstanding on the Effective Date shallshare of capital stock of Sub shall continue to be issued and outstanding and, by virtue of the Merger Merger, and without any action on the part of the holder thereof, remain outstanding shall be automatically converted into one validly issued, fully paid and shall thereafter represent one non-assessable share of common capital stock of the Surviving Corporation. Each stock certificate evidencing ownership of any such share of Sub shall thereupon evidence ownership of such shares of capital stock of the Surviving Corporation.

Appears in 2 contracts

Sources: Merger Agreement (Staktek Holdings Inc), Merger Agreement (Staktek Holdings Inc)

Common Stock of Sub. Each issued and outstanding share of common stock, par value $.01 per share, of Sub issued shall be converted into one validly issued, fully paid and outstanding on the Effective Date shall, by virtue nonassessable share of common stock of the Merger and without any action on the part Surviving Corporation Each stock certificate of the holder thereof, remain outstanding and Sub evidencing ownership of such shares shall thereafter represent one share continue to evidence ownership of such shares of common stock of the Surviving Corporation.

Appears in 2 contracts

Sources: Merger Agreement (Carsunlimited Com Inc), Agreement and Plan of Merger (Carsunlimited Com Inc)

Common Stock of Sub. Each share of common stock, par value $.01 per share, stock of Sub issued and outstanding on immediately prior to the Effective Date shall, by virtue Time of the Merger and without any action on the part of the holder thereof, remain outstanding and shall thereafter represent be converted into one share of common stock the Surviving Corporation and shall be the only issued and outstanding shares of the Surviving Corporation.

Appears in 2 contracts

Sources: Merger Agreement (Tintic Gold Mining CO), Merger Agreement (Kiwa Bio-Tech Products Group Corp)

Common Stock of Sub. Each issued and outstanding share of common stock, par value $.01 0.01 per share, of Sub issued shall be converted into and outstanding on the Effective Date shall, by virtue of the Merger become one (1) fully paid and without any action on the part of the holder thereof, remain outstanding and shall thereafter represent one nonassessable share of common stock stock, par value $0.01 per share, of the Surviving Corporation.

Appears in 1 contract

Sources: Merger Agreement (Cruzan International, Inc.)

Common Stock of Sub. Each At the Effective Time, each share of common stock, par value $.01 per share, of Sub Common Stock issued and outstanding on immediately prior to the Effective Date shallTime shall be converted into and exchanged for one validly issued, by virtue of the Merger fully-paid and without any action on the part of the holder thereof, remain outstanding and shall thereafter represent one nonassessable share of common stock of the Surviving Corporation. Each stock certificate of Sub evidencing ownership of any shares of Sub Common Stock shall continue to evidence ownership of shares of common stock of the Surviving Corporation and shall not be converted into any other securities or cash. No shares of Sub Common Stock will be issued pursuant to the Merger.

Appears in 1 contract

Sources: Merger Agreement (Netword Inc)

Common Stock of Sub. Each issued and outstanding share of common stock, par value $.01 0.01 per share, of Sub issued shall be converted into and outstanding on the Effective Date shallbecome one validly issued, by virtue fully paid and non-assessable share of identical common stock, par value $0.01 per share, of the Merger and without any action on the part of the holder thereof, remain outstanding Surviving Corporation and shall thereafter represent one share constitute the only outstanding shares of common capital stock of the Surviving Corporation.

Appears in 1 contract

Sources: Merger Agreement (Vicuron Pharmaceuticals Inc)

Common Stock of Sub. Each share of common stock, par value $.01 per share, of Sub issued and outstanding on the Effective Date shall, by virtue of the Merger and without any action on the part of the holder thereof, remain outstanding and shall thereafter represent one share of common stock of the Surviving Corporation, all of which shall be owned by Acquiror as of the Effective Date.

Appears in 1 contract

Sources: Merger Agreement (Hemoxymed Inc)