Common use of Transformation Date Clause in Contracts

Transformation Date. Subject to the approval of the Transformation ------------------- by the stockholders of CSI and the other conditions set forth in Section 7 hereof and in the Ancillary Agreements, the effective time and date of the Transformation and the consummation of the transactions contemplated hereby and by the Ancillary Agreements shall be 11:59 p.m., Boston Time, July 29, 2000 or such other date as may be fixed by CSI (the "Transformation Date"). To the extent that ------------------- any Contribution Agreement provides for the transfer of assets or liabilities held by a Subsidiary of CSI, the capital stock of which is to be transferred to a Newco other than that Newco to which such assets or liabilities are to be transferred, the transfer of such assets and liabilities shall occur immediately prior to the transfer of the capital stock of such Subsidiary.

Transformation Date. Subject to the approval of the Transformation ------------------- by the stockholders of CSI and the other conditions set forth in Section 7 hereof and in the Ancillary Agreements, the effective time and date of the Transformation and the consummation of the transactions contemplated hereby and by the Ancillary Agreements shall be 11:59 p.m., Boston Time, July 29, 2000 or such other date as may be fixed by CSI (the "Transformation Date"). To the extent that ------------------- any Contribution Agreement provides for the transfer of assets or liabilities held by a Subsidiary of CSI, the capital stock of which is to be transferred to a Newco other than that Newco to which such assets or liabilities are to be transferred, the transfer of such assets and liabilities shall occur immediately prior to the transfer of the capital stock of such Subsidiary.