Conversion and Exchange of Securities Clause Samples

Conversion and Exchange of Securities. 68 SECTION 1401. Applicability of Article....................................................................68

Conversion and Exchange of Securities. 4 2.1 Shares of the Surviving Corporation............................ 4 2.2 Conversion of Company Common Stock............................. 4 2.3 Conversion of Data Labs Securities............................. 4 2.4

Conversion and Exchange of Securities. 66 SECTION 1401. Applicability of Article.................................................................66 SECTION 1402. Exercise of Conversion and Exchange Privilege............................................66

Conversion and Exchange of Securities. 3 SECTION 2.1 Conversion of Capital Stock.................................3 SECTION 2.2 Exchange of Certificates....................................4 SECTION 2.3 Material Adverse Effect.....................................8

Conversion and Exchange of Securities. 4 Section 3.1

Conversion and Exchange of Securities. 3 Section 2.1 Conversion of Capital Stock........................................................ 3 Section 2.2 Exchange of Certificates........................................................... 4 Section 2.3 Dissenting Stockholders............................................................ 7 Section 2.4 Alternative Merger Consideration................................................... 8 Section 2.5 Material Adverse Effect............................................................ 8 ARTICLE III

Conversion and Exchange of Securities. 2 2.1. Merger Sub Stock.....................................................2 2.2. Company Stock........................................................2 2.3. Exchange of Certificates Representing Company Common Stock...........3 2.4. Adjustment of Exchange Ratio.........................................5

Conversion and Exchange of Securities. (a) Effect of the SPAC Amalgamation on SPAC Securities. Pursuant to the Arrangement and without any action on the part of any Party or the holders of any of the following securities:

Conversion and Exchange of Securities. Assuming that immediately prior to the Effective Date 8,185,642 shares of the common stock, par value $.001 per share, of the Company (“Company Common Stock”) are issued and outstanding, then, upon the consummation of the Merger, the stockholders of the Company immediately prior to the Merger (assuming that none of those stockholders dissent from the Merger) shall own approximately 38%, and the stockholders of the Acquired Corporation (assuming that none of those stockholders dissent from the Merger) (the “Acquired Corporation Stockholders”) and the Employees (as defined below) shall jointly own approximately 62%, of the 21,530,405 shares of Company Common Stock to be issued and outstanding immediately after the Merger, assuming the vesting and exercise of all Management Stock and Options (as defined below), which ownership structure shall be effected as follows: