Common use of Sub Common Stock Clause in Contracts

Sub Common Stock. At the Effective Time, each share of Common Stock of Sub issued and outstanding immediately prior to the Effective Time shall remain outstanding as shares of the Surviving Corporation, without any action on the part of the holder thereof.

Sub Common Stock. At the Effective Time, each share of Common Stock of Sub issued and outstanding immediately prior to the Effective Time shall remain outstanding as be converted into shares of the Company, as the Surviving CorporationCorporation in the Merger, without any action on the part of the holder thereof.