Status and Conversion of Shares. Upon the effectiveness of the Merger:
Status and Conversion of Shares. Upon the Effective Date of the Merger:
Status and Conversion of Shares. The mode of carrying into effect the merger provided in this Merger Agreement, and the manner and basis of converting the shares of CBI stock to shares of TFIN stock are as follows: At the Effective Time by virtue of the merger and without any action on the part of the holders thereof:
Status and Conversion of Shares. The manner of converting the shares of capital stock of Xxxx Hallitex outstanding immediately prior to the Merger into shares of common stock of Web Capital Group shall be as follows: a. At the Effective Time, each one (1) share of the issued and outstanding $0.001 par value common stock of Xxxx Hallitex shall, by virtue of the Merger and without any action on the part of the holder thereof, become and be converted into one (1) share of the $0.001 par value common stock of Web Capital Group. At the Effective Time, each one (1) share of the issued and outstanding $0.001 par value preferred stock of Xxxx Hallitex shall, by virtue of the Merger and without any action on the part of the holder thereof, become and be converted into one (1) share of the $0.001 par value preferred stock of Web Capital Group. b. Any fractional shares of the capital stock of Web Capital Group resulting from conversion under this paragraph 1.4 shall be rounded up to the next whole share of capital stock in Web Capital Group. c. Any shares of capital stock of Xxxx Hallitex held in treasury as of the Effective Time shall, by virtue of the Merger and without any additional action, become and be converted into shares held in the treasure of Web Capital Group at the same rate of conversion stated in paragraph 1.4(a) above. d. After the Effective Time, each holder of a certificate or certificates theretofore representing outstanding shares of the capital stock of Xxxx Hallitex may surrender such certificate or certificates to such agent or agents as shall be appointed by Web Capital Group (the "Exchange Agent"), and shall be entitled to receive in exchange therefore a certificate or certificates representing the number of whole shares of capital stock of Web Capital Group into which the shares of capital stock of Xxxx Hallitex theretofore represented by the certificates so surrendered have been converted, at the conversion rate stated in paragraph 1.4(a), above. e. If any certificate evidencing shares of the capital stock of Xxxx Hallitex is to be issued in a name other than the name in which the certificate surrendered is registered, the certificate so surrendered shall be properly endorsed and shall otherwise be in proper form for transfer. The person requesting the transfer shall pay to the Exchange Agent any transfer or other fees or taxes required by reason of the issuance of a certificate in name other than that of the registered holder of the certificate surrendered. f. Web Capital...
Status and Conversion of Shares. The mode of carrying into effect the merger provided in this Merger Agreement, and the manner and basis of converting the shares of QA stock into shares of the Surviving Corporation stock are as follows: At the Effective Time by virtue of the merger and without any action on the part of the holders thereof:
Status and Conversion of Shares. At the Effective Time, by virtue ------------------------------- of the Merger and without any action on the part of the holders thereof:
Status and Conversion of Shares. The terms of the Merger and the mode of carrying them into effect, and the manner and basis of converting the outstanding shares of the capital stock of the Company and of Merger Sub, shall be as follows:
Status and Conversion of Shares. The manner of converting the shares of capital stock of Scientific outstanding immediately prior to the Merger into shares of common stock of the Surviving Corporation, except as to outstanding shares of capital stock of Scientific held by shareholders, if any, who dissent from the Merger and seek appraisal under the applicable provisions of the Minnesota Statutes Annotated, shall be as follows:
Status and Conversion of Shares. The manner of converting the shares of capital stock of NuOasis outstanding immediately prior to the Merger into shares of common stock of the Surviving Corporation shall be as follows:
Status and Conversion of Shares. The manner and basis of Converting the shares of SD into shares of the Surviving Corporation, at the time of the merger shall be as follows: (a) Each outstanding share of SD shall be converted into and become one share of $0.001 par value common stock of Cookie Cup. (b) Each outstanding privilege or right to purchase shares of SD common Stock shall, after time of merger, represent the privilege or right to purchase the like number of shares of Cookie Cup, common stock. The exercise price of each of such privilege or right shall remain unchanged by reason of merger. (c) After the time of the merger each outstanding certificate representing shares of SD common stock, shall automatically be deemed to represent a like number of shares of Cookie Cup. 6.
