Common use of Effect on Merger Sub Capital Stock Clause in Contracts

Effect on Merger Sub Capital Stock. At the Effective Time, each share of common stock, par value $0.001 per share, of Merger Sub issued and outstanding immediately prior to the Effective Time shall be converted into and exchanged for one validly issued, fully paid and nonassessable share of common stock, par value $0.001 per share, of the Surviving Corporation. Each stock certificate of Merger Sub evidencing ownership of any such shares shall continue to evidence ownership of such shares of capital stock of the Surviving Corporation.

Effect on Merger Sub Capital Stock. At the Effective Time, by virtue of the Merger and without any further action on the part of Parent, Merger Sub, the Company or any holder of shares of capital stock thereof, each share of common stock, par value $0.001 per share, stock of Merger Sub issued and outstanding immediately prior to the Effective Time shall be converted into and exchanged for become one (1) validly issued, fully paid and nonassessable non-assessable share of common stock, par value $0.001 per share, of the Surviving Corporation. Each stock certificate of Merger Sub evidencing ownership of any such shares , and shall continue to evidence ownership of such constitute the only outstanding shares of capital stock of the Surviving Corporation.

Effect on Merger Sub Capital Stock. At the Effective Time, each share of common stock, par value $0.001 per share, Common Stock of Merger Sub issued and outstanding immediately prior to the Effective Time shall be converted into and exchanged for one validly issued, fully paid paid, and nonassessable non-assessable share of common stock, par value $0.001 per share, of the Surviving Corporation. Each stock certificate of Merger Sub evidencing ownership of any such shares shall continue to evidence ownership of such shares of capital stock of the Surviving Corporation.

Effect on Merger Sub Capital Stock. At the Effective Time, each share of the common stock, par value $0.001 per share, stock of Merger Sub Sub, issued and outstanding immediately prior to the Effective Time shall Time, shall, by virtue of the Merger and without any action on the part of the holder thereof, be converted into and exchanged for one validly issued, fully paid and nonassessable non-assessable share of common stock, par value $0.001 per share, of the Surviving Corporation. Each stock certificate of Merger Sub evidencing ownership of any such shares shall continue to evidence ownership of such shares of capital stock of the Surviving Corporation.