Common use of Distribution to Shareholders Clause in Contracts

Distribution to Shareholders. On the Effective Date, all of ----------------------------- the shareholders of Acquiree not dissenting from the Plan shall exchange all of the outstanding stock of Acquiree for 10,000,000 shares of Acquiror and Acquiree shall become a wholly owned subsidiary of Acquiror.

Distribution to Shareholders. On the Effective Date, ---------------------------- all of ----------------------------- the shareholders of Acquiree not dissenting from the Plan shall exchange automatically have exchanged, without any further action on their part, all of the outstanding stock of Acquiree for 10,000,000 8,675,000 shares of common stock of Acquiror and Acquiree shall become a wholly owned subsidiary of Acquiror.