Common use of Status of Merger Subsidiary Stock Clause in Contracts

Status of Merger Subsidiary Stock. At the Effective Time, each share of Merger Subsidiary Common Stock that is issued and outstanding immediately prior to the Effective Time shall remain issued and outstanding unchanged by reason of the Merger as one fully paid and nonassessable share of common stock, no par value per share, of the Surviving Corporation.

Status of Merger Subsidiary Stock. At the Effective Time, each share of common stock, $.01 par value, of the Merger Subsidiary (the "Merger Subsidiary Common Stock Stock") that is ------------------------------ issued and outstanding immediately prior to the Effective Time shall remain issued and outstanding unchanged by reason of the Merger as one fully paid and nonassessable share of common stock, no par value $.01 per share, of the Surviving Corporation.

Status of Merger Subsidiary Stock. At the Effective Time, each share of common stock, $.01 par value, of the Merger Subsidiary (the "Merger Subsidiary Common Stock Stock") that is issued and outstanding immediately prior to the Effective Time shall remain issued and outstanding unchanged by reason of the Merger as one fully paid and nonassessable share of common stock, no par value $.01 per share, of the Surviving Corporation.