Common use of Amendment of Certificate of Incorporation Clause in Contracts

Amendment of Certificate of Incorporation. As soon as is practicable following the Effective Time, OCG shall amend its certificate of incorporation to increase the authorized shares of OCG Common Stock as necessary to permit the conversion, in full, of the OCG Series C Stock and OCG Series F Stock and the issuance of the shares of OCG Common Stock issuable upon conversion of OCG Series C Stock and OCG Series F Stock in accordance with the terms thereof, and shall reserve out of such increased authorized shares of OCG such number of shares equal at all times to the aggregate shares of OCG Common Stock issuable upon such conversion.

Appears in 4 contracts

Samples: Agreement and Plan of Reorganization (Ocg Technology Inc), Agreement and Plan of Reorganization (PrimeCare Systems, Inc.), Agreement and Plan of Reorganization (PrimeCare Systems, Inc.)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.