Allotment. The Board may from time to time allot or grant options to purchase the whole or any part of the authorized and unissued shares of the Corporation at such times and to such persons and for such consideration as the Board shall determine, provided that no share shall be issued until it is fully paid as prescribed by the Act.
Appears in 3 contracts
Samples: Amalgamation Agreement, Amalgamation Agreement (Jenex CORP), Amalgamation Agreement (Jenex CORP)
Allotment. The Board board may from time to time allot or grant options to purchase the whole or any part of the authorized and unissued shares of the Corporation at such times and to such persons and for such consideration as the Board board shall determine, provided that no share shall be issued until it is fully paid as prescribed by the Act.
Appears in 1 contract
Samples: By Law (Progress Precision Inc.)
Allotment. The Board may may, from time to time time, allot shares or grant options to purchase the whole or any part of the authorized and unissued shares of the Corporation at such times and to such persons and for such consideration as the Board shall determine, provided that no share shall be issued until it is fully paid as prescribed provided by the Act.
Appears in 1 contract
Samples: By Law
