Common use of Conversion of Capital Stock of Sub Clause in Contracts

Conversion of Capital Stock of Sub. At and as of the Effective Time, each share of Common Stock, $0.001 par value per share, of Sub shall be converted into one share of Common Stock, $0.0001 par value per share, of the Surviving Corporation.

Appears in 1 contract

Samples: Merger Agreement (Fonix Corp)

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Conversion of Capital Stock of Sub. At Each issued and as outstanding share of the Effective Time, each share of Common Stock, $0.001 par value per share, capital stock of Sub shall be converted into and become one fully paid and nonassessable share of Common Stock, $0.0001 par value $.01 per share, of the Surviving Corporation.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Connectivity Technologies Inc)

Conversion of Capital Stock of Sub. At Each issued and as of the Effective Time, each outstanding share of Common Stockcommon stock, par value $0.001 par value per share, of Sub shall be converted into and become one fully-paid and nonassessable share of Common Stockcommon stock, $0.0001 0.001 par value per share, of the Surviving Corporation.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Opus360 Corp)

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Conversion of Capital Stock of Sub. At and as Each of the Effective Time, each 1,000 issued and outstanding share of Common Stock, $0.001 par value per share, common stock of Sub shall be automatically converted into and become one validly issued, fully paid and nonassessable share of Common Stockcommon stock, $0.0001 par value $0.01 per share, of the Company Merger Surviving Corporation.

Appears in 1 contract

Samples: Agreement and Plan of Merger (International Game Technology)

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