Examples of Parent Shares in a sentence
The Parent shall deliver “Warrant Agreement,” attached hereto as Exhibit A, to purchase up to 5,000,000 shares of the Parent Common Stock (the “Warrant Shares”) to all holders (the “Holders”) of Company Shares issued and outstanding immediately prior to the Merger I Effective Time (other than Company Shares to be cancelled and retired in accordance with Section 2.01(a)(i) and Dissenting Company Shares) on the same Payment Date as the issuance of First Anniversary Parent Shares.
All issued and outstanding Parent Shares are duly authorized, validly issued, fully paid and nonassessable and not subject to or issued in violation of any purchase option, right of first refusal, preemptive right, subscription right or any similar right under any provision of Parent’s Organizational Documents or any contract to which Parent is a party or by which Parent is bound.