Common use of Conversion Plan Clause in Contracts

Conversion Plan. The mode of carrying into effect the Merger provided in this Agreement, and the manner and basis of converting the shares of West Coast Mines, Inc. into shares of DynaResource, Inc. are as follows: (a) The Acquiring Corporation's Common Stock. All of the shares of Common Stock, par value $.0001 per share, of the Acquiring Corporation issued and outstanding at the effective time of the Merger shall be tendered and canceled concurrent with giving effect to the Merger.