Common use of Capital Stock of Sub Clause in Contracts

Capital Stock of Sub. All of the issued and outstanding shares of common stock, par value $.03 per share, of Sub (the "SUB COMMON STOCK") shall be converted into an equal number of fully paid and nonassessable shares of common stock, $.03 par value per share, of the Surviving Corporation (the "SURVIVING CORPORATION COMMON STOCK"), which will constitute all of the issued and outstanding shares of capital stock of the Surviving Corporation immediately after the Effective Time. From and after the Effective Time, each outstanding certificate theretofore representing shares of Sub Common Stock will be deemed for all purposes to evidence ownership of, and to represent the same number of shares of, Surviving Corporation Common Stock.

Appears in 3 contracts

Samples: Execution Copy (National Computer Systems Inc), Agreement and Plan of Merger (Pearson PLC), Agreement and Plan of Merger (Pn Acquisition Subsidiary Inc)

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Capital Stock of Sub. All Each share of the common stock, par value $.01 per share, of Sub issued and outstanding shares immediately prior to the Effective Time ("Sub Common Stock") shall be converted into and become one fully paid and nonassessable share of common stock, par value $.03 per share, of Sub (the "SUB COMMON STOCK") shall be converted into an equal number of fully paid and nonassessable shares of common stock, $.03 par value .01 per share, of the Surviving Corporation (the "SURVIVING CORPORATION COMMON STOCKSurviving Corporation Common Stock"), which will constitute all of the issued and . Each certificate representing outstanding shares of capital stock of the Surviving Corporation immediately after the Effective Time. From and after the Effective Time, each outstanding certificate theretofore representing shares of Sub Common Stock will be deemed for all purposes to evidence ownership of, and to shall at the Effective Time represent the same an equal number of shares of, of Surviving Corporation Common Stock.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Carson Inc)

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Capital Stock of Sub. All of the Each issued and outstanding shares share of the common stock, par value U.S. $.01 per share, of Sub ("Sub Common Stock") shall be converted into and become one fully paid and nonassessable share of common stock, par value $.03 per share, of Sub (the "SUB COMMON STOCK") shall be converted into an equal number of fully paid and nonassessable shares of common stock, $.03 par value U.S.$.01 per share, of the Surviving Corporation (the "SURVIVING CORPORATION COMMON STOCKSurviving Corporation Common Stock"), which will constitute all of the issued and . Each certificate representing outstanding shares of capital stock of the Surviving Corporation immediately after the Effective Time. From and after the Effective Time, each outstanding certificate theretofore representing shares of Sub Common Stock will be deemed for all purposes to evidence ownership of, and to shall at the Effective Time represent the same an equal number of shares of, of Surviving Corporation Common Stock.. (b)

Appears in 1 contract

Samples: Agreement and Plan of Merger (General Scanning Inc \Ma\)

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