Merger Sub Stock. Each outstanding share of the capital stock of Merger Sub shall be converted into an outstanding share of Surviving Corporation owned by Parent.
Appears in 3 contracts
Samples: Agreement and Plan of Merger (Perfumania Holdings, Inc.), Agreement and Plan of Merger (Perfumania Holdings, Inc.), Agreement and Plan of Merger (Parlux Fragrances Inc)
Merger Sub Stock. Each issued and outstanding share of the capital stock of Merger Sub shall be converted into an outstanding one share of validly issued, fully paid and nonassessable share of common stock of the Surviving Corporation, which shares of the Surviving Corporation shall constitute all of the issued and outstanding capital stock of the Surviving Corporation and shall be owned solely and exclusively by Parent. Each stock certificate of Merger Sub shall thereupon and thereafter evidence ownership of such shares of capital stock of the Company as the Surviving Corporation.
Appears in 1 contract
