Total Number of Shares of Common Stock Sample Clauses

Total Number of Shares of Common Stock. For the purpose of calculating compensation, the Company currently has 6,255,173 shares of common stock outstanding. (A total of 62,552 shall be issued.)
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Total Number of Shares of Common Stock shares so long as Advisor satisfies the Performance Level of Service as checked above* If the Company’s capitalization structure is currently unknown, fill in ‘TBD’ above.
Sample 1Sample 2
Total Number of Shares of Common Stock. For the purpose of calculating compensation, the Company currently has 6,255,173 shares of common stock outstanding. Vesting Period: All shares (other than the bonus level of shares) shall be issued to adviser without any vesting period. Total shares to be issued upon signing 65,552 (bonus Schedule A: Services Based on Performance Level The Advisor Compensation and Services are determined using the guidelines below. Standard Performance Level Commitment Services Compensation** Attend quarterly meetings to provide feedback on Company's strategy for at least one hour. Attend quarterly meetings of the Company's Advisory board. Provide reasonable response to email requests by Company. Promotion: On top of the regular advice and insights, Advisor agrees to actively promote and make introductions on behalf of the Company through Advisor's overall network of business contacts, including forwarding the Company's business plan and other materials as requested by the Company. Idea Stage is 0.25% Startup Stage is 0.20% Growth Stage is 0.15% Strategic Performance Level Commitment Services Compensation** Standard Performance plus: Attend monthly meetings to provide feedback on Company's strategy for at least one hour. Attend one additional monthly meeting for up to one hour with a potential customer, investor, strategic partner, vendor or employee. Standard Performance plus: Recruiting: Advisor agrees to assist Company in finding additional, potential founding team members and employees through the Advisor's overall network of business contacts. Idea Stage is 0.50% Startup Stage is 0.40% Growth Stage is 0.30% Schedule A: Expert Performance Level Commitment Services Compensation** Strategic Performance plus: Twice monthly meetings to provide feedback on Company's strategy for at least two hours each. Strategic Performance plus: Contacts: Advisor agrees to make introductions to and assist in the acquisition of marquee customers, strategic partners and key industry contacts and attend meetings with such potential customers, partners and key contacts. Projects: Advisor agrees to assist the Company on at least one strategic project as requested by the Company during the term of this Agreement. Idea Stage is 1.00% Startup Stage is 0.80% Growth Stage is 0.60% ** General Percentages with final numbers indicated on the Signature Page to the Agreement and in the applicable Option or Stock Purchase Agreement. Schedule A: Company Stage The Company Stage is determined using the gui...
Sample 1
Total Number of Shares of Common Stock. The total number of shares of Common Stock that have been reserved for issuance by the Company either directly or underlying Options granted under this Plan from inception to date is 16,000,000. The total number of shares of Common Stock reserved for such issuance may be increased only by a resolution adopted by the Board of Directors and amendment of the Plan. Such Common Stock may be authorized and unissued or reacquired common stock of the Company.
Sample 1
Total Number of Shares of Common Stock. For the purpose of calculating compensation, the Company currently has 6,255,173 shares of common stock outstanding. Vesting Period: All shares (other than the bonus level of shares) shall be issued to adviser without any vesting period. Schedule A: Services Based on Performance Level The Advisor Compensation and Services are determined using the guidelines below. Standard Performance Level Commitment Services Compensation** Attend quarterly meetings to Promotion: On top of the Idea Stage is 0.25 % provide feedback on regular advice and insights, Company’s strategy for at Advisor agrees to actively least one hour. promote and make Startup Stage is 0.20 % Attend quarterly meetings of introductions on behalf of the the Company’s Advisory Company through Advisor’s board. overall network of business contacts, including forwarding Provide reasonable response to Growth Stage is 0.15 % the Company’s business plan email requests by Company. and other materials as requested by the Company. Strategic Performance Level Commitment Services Compensation** Standard Performance plus: Standard Performance plus: Idea Stage is 0.50 % Attend monthly meetings to Recruiting: Advisor agrees to provide feedback on assist Company in finding Company’s strategy for at additional, potential founding Startup Stage is 0.40 % least one hour. team members and employees Attend one additional monthly through the Advisor’s overall meeting for up to one hour network of business contacts. with a potential customer, investor, strategic partner, Growth Stage is 0.30 % vendor or employee. Schedule A: Expert Performance Level Commitment Services Compensation** Strategic Performance plus: Strategic Performance plus: Twice monthly meetings to Contacts: Advisor agrees to Idea Stage is 1.00 % provide feedback on make introductions to and Company’s strategy for at assist in the acquisition of least two hours each. marquee customers, strategic partners and key industry Startup Stage is 0.80 % contacts and attend meetings with such potential customers, partners and key contacts. Projects: Advisor agrees to assist the Company on at least one strategic project as Growth Stage is 0.60 % requested by the Company during the term of this Agreement. ** General Percentages with final numbers indicated on the Signature Page to the Agreement and in the applicable Option or Stock Purchase Agreement.
Sample 1
Total Number of Shares of Common Stock. If the Company’s capitalization structure is currently unknown, fill in “TBD” above. Type of Security: Option to purchase Common Stock or Restricted Common Stock Exercise/Purchase Price: Exercise or purchase price shall be equal to the fair market value of the Company’s Common Stock, which will be documented in the applicable Stock Option Agreement or Restricted Stock Purchase Agreement to be entered into by Advisor and the Company.
Sample 1

Related to Total Number of Shares of Common Stock

  • Adjustment of Exercise Price, Number of Shares of Common Stock or Number of the Company Warrants The Exercise Price, the number of shares covered by each Warrant and the number of Warrants outstanding are subject to adjustment from time to time as provided in Section 3 of the Warrant Certificate. In the event that at any time, as a result of an adjustment made pursuant to Section 3 of the Warrant Certificate, the Holder of any Warrant thereafter exercised shall become entitled to receive any shares of capital stock of the Company other than shares of Common Stock, thereafter the number of such other shares so receivable upon exercise of any Warrant shall be subject to adjustment from time to time in a manner and on terms as nearly equivalent as practicable to the provisions with respect to the shares contained in Section 3 of the Warrant Certificate and the provisions of Sections 7, 11 and 12 of this Agreement with respect to the shares of Common Stock shall apply on like terms to any such other shares. All Warrants originally issued by the Company subsequent to any adjustment made to the Exercise Price pursuant to the Warrant Certificate shall evidence the right to purchase, at the adjusted Exercise Price, the number of shares of Common Stock purchasable from time to time hereunder upon exercise of the Warrants, all subject to further adjustment as provided herein.

  • Shares of Common Stock The Company shall have duly reserved the number of Underlying Shares required by this Agreement and the Transaction Documents to be reserved upon the exercise of the Warrants or the conversion of the shares of Preferred Stock acquired by the Purchaser on the First Closing Date;

  • Fractional Shares of Common Stock (a) The Company shall not issue fractions of Warrants or distribute Warrant Certificates which evidence fractional Warrants. Whenever any fractional Warrant would otherwise be required to be issued or distributed, the actual issuance or distribution shall reflect a rounding of such fraction to the nearest whole Warrant (rounded down).

  • Certification of Adjusted Exercise Price or Number of Shares of Common Stock Whenever the Exercise Price or the number of shares of Common Stock issuable upon the exercise of each Warrant is adjusted as provided in Section 11 or 13, the Company shall (a) promptly prepare a certificate setting forth the Exercise Price of each Warrant as so adjusted, and a brief statement of the facts accounting for such adjustment, (b) promptly file with the Warrant Agent and with each transfer agent for the Common Stock a copy of such certificate and (c) instruct the Warrant Agent to send a brief summary thereof to each Holder of a Warrant Certificate.

  • Calculation of Number of Outstanding Shares of Common Stock For purposes of Section 5.05(A), the number of shares of Common Stock outstanding at any time will (i) include shares issuable in respect of scrip certificates issued in lieu of fractions of shares of Common Stock; and (ii) exclude shares of Common Stock held in the Company’s treasury (unless the Company pays any dividend or makes any distribution on shares of Common Stock held in its treasury).

  • Adjustment of Exercise Price, Number of Shares or Number of Rights The Exercise Price, the number and kind of shares or other property covered by each Right and the number of Rights outstanding are subject to adjustment from time to time as provided in this Section 11.

  • Purchase of Shares of Common Stock Each Purchase Contract shall, unless an Early Settlement has occurred in accordance with Section 5.9 hereof, obligate the Holder of the related Security to purchase, and the Company to sell, on the Purchase Contract Settlement Date at a price equal to the Stated Amount (the "Purchase Price"), a number of newly issued shares of Common Stock equal to the Settlement Rate unless, on or prior to the Purchase Contract Settlement Date, there shall have occurred a Termination Event with respect to the Security of which such Purchase Contract is a part. The "Settlement Rate" is equal to:

  • NUMBER OF SHARES AND EXERCISE PRICE The number of shares of Common Stock subject to your option and your exercise price per share referenced in your Grant Notice may be adjusted from time to time for Capitalization Adjustments.

  • Deemed Issue of Additional Shares of Common Stock (a) If the Corporation at any time or from time to time after the Series A Original Issue Date shall issue any Options or Convertible Securities (excluding Options or Convertible Securities which are themselves Exempted Securities) or shall fix a record date for the determination of holders of any class of securities entitled to receive any such Options or Convertible Securities, then the maximum number of shares of Common Stock (as set forth in the instrument relating thereto, assuming the satisfaction of any conditions to exercisability, convertibility or exchangeability but without regard to any provision contained therein for a subsequent adjustment of such number) issuable upon the exercise of such Options or, in the case of Convertible Securities and Options therefor, the conversion or exchange of such Convertible Securities, shall be deemed to be Additional Shares of Common Stock issued as of the time of such issue or, in case such a record date shall have been fixed, as of the close of business on such record date.

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