Common use of Effect on Merger Sub Stock Clause in Contracts

Effect on Merger Sub Stock. At the Effective Time, each share of common stock, par value $0.002 per share, of Merger Sub then issued and outstanding will, by virtue of the Merger and without any action on the part of Tyhee, Merger Sub, Santa Fe, or the holder thereof, be converted into and become one fully paid and nonassessable share of common stock, par value $0.002 per share, of the Surviving Corporation.

Effect on Merger Sub Stock. At the Effective Time, each share of common stock, par value $0.002 per share, of Merger Sub then issued and outstanding will, by virtue of the Merger and without any action on the part of TyheeIGS, Merger Sub, Santa FeSFEG, or the holder thereof, be converted into and become one fully paid and nonassessable share of common stock, par value $0.002 per share, of the Surviving Corporation.