Common use of Exchange and Reorganization Clause in Contracts

Exchange and Reorganization. CDDY and Roadships and Roadships Am shall be hereby reorganized, such that CDDY shall acquire 100% the capital stock of Roadships and Roadships Am, and both Roadships and Roadships Am shall become wholly-owned subsidiaries of CDDY.

Appears in 2 contracts

Sources: Plan of Exchange (Roadships Holdings, Inc.), Plan of Exchange (Roadships Holdings, Inc.)