Authorized Shares of Stock. There exists sufficient authorized, but unissued, shares of Arguss Stock necessary to enable Parent to satisfy any obligation of it to issue shares of Arguss Stock pursuant to this Merger Agreement.
Appears in 5 contracts
Samples: Employment Agreement (Arguss Holdings Inc), Agreement and Plan of Merger (Arguss Holdings Inc), Agreement and Plan of Merger (Arguss Communications Inc)
Authorized Shares of Stock. There exists sufficient authorized, but unissued, shares of Arguss Stock necessary to enable Parent to satisfy any obligation of it to issue shares of Arguss Stock pursuant to this Merger Agreement.
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