Amendment of Articles of Incorporation. Prior to September 30, 2008, the Company shall take all action required by law to submit to the shareholders of the Company a proposal to amend the Company’s Articles of Incorporation to increase the number of authorized shares of Common Stock by such amount as is necessary to reserve for issuance the maximum aggregate number of Conversion Shares and Warrant Shares then issued or potentially issuable in the future upon the exercise of the conversion rights under the Notes and exercise rights under the Warrants.
Appears in 6 contracts
Samples: Securities Purchase Agreement, Securities Purchase Agreement, Securities Purchase Agreement (Synthetic Blood International Inc)
