Effect on Securities. As of the Effective Time, by virtue of the Merger and without any action on the part of the Corporate Parties or any stockholder thereof, the securities of the Constituent Corporations outstanding at the Effective Time shall be converted or treated as follows:
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Sources: Agreement and Plan of Reorganization (Trega Biosciences Inc), Agreement and Plan of Reorganization (Grass George M PHD)
Effect on Securities. As of the Effective Time, subject to Section 1.8, by virtue of the Merger and without any action on the part of Agouron, the Corporate Parties Constituent Corporations or any stockholder thereof, the securities of the Constituent Corporations outstanding at the Effective Time shall be converted or treated as follows:
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