Common use of Merger Sub Shares Clause in Contracts

Merger Sub Shares. At the Effective Time, each share of common stock of Merger Sub issued and outstanding immediately prior to the Effective Time shall be converted into and become one fully paid and nonassessable share of common stock of the Surviving Corporation.

Merger Sub Shares. At the Effective Time, each ordinary share with a par value of common stock US$0.01 each of Merger Sub issued and outstanding immediately prior to the Effective Time shall will be converted into and become one validly issued, fully paid and nonassessable share of common stock non-assessable Ordinary Share and will constitute the only outstanding shares of the Surviving Corporation.

Merger Sub Shares. At the Effective Time, each issued and outstanding share of common stock stock, par value $0.01 per share, of Merger Sub issued and outstanding immediately prior to the Effective Time shall be automatically converted into and become one fully paid and nonassessable non-assessable share of common stock of the Surviving CorporationCorporation Stock.

Merger Sub Shares. At the Effective TimeEach common share, each share of common stock par value US$0.01, of Merger Sub issued and outstanding immediately prior to the Merger Effective Time shall be converted into and become one (1) validly issued and fully paid and nonassessable common share of common stock par value US$0.01 of the Surviving CorporationCompany.

Merger Sub Shares. At the Effective Time, each share of common stock ordinary share, par value $0.0001 per share, of Merger Sub (the “Merger Sub Shares”) that is issued and outstanding immediately prior to the Effective Time shall be converted automatically convert into and become one fully paid and nonassessable share of common stock ordinary share, par value $0.0001 per share, of the Surviving CorporationCompany. The ordinary shares of the Surviving Company shall have the same rights, powers and privileges as the shares so converted and shall constitute the only issued and outstanding share capital of the Surviving Company.

Merger Sub Shares. At the Effective Time, each Each ordinary share of common stock of Merger Sub issued and outstanding immediately prior to the Effective Time shall be cancelled and automatically converted into and become one fully paid and nonassessable share of common stock non-assessable ordinary share, par value US$0.001 per share, of the Surviving CorporationCompany, and the register of members of the Surviving Company will be amended accordingly.

Merger Sub Shares. At As of the Effective Time, each share of common capital stock of Merger Sub issued and outstanding immediately prior to the Effective Time shall will, without any action on the part of Merger Sub or any other Person, be converted into and become exchanged for one validly issued, fully paid and nonassessable share of common stock stock, par value $0.01 per share, of the Surviving Corporation.

Merger Sub Shares. At the Effective Time, each the sole share of common stock of Merger Sub issued and outstanding immediately prior to the Effective Time shall automatically be converted into and become one validly issued, fully paid and nonassessable non-assessable ordinary share of common stock of the Surviving CorporationCompany, which ordinary share shall constitute the only issued and outstanding share in the capital of the Surviving Company.