Common use of Authorized Stock Clause in Contracts

Authorized Stock. The total number of shares of stock which the Company shall have authority to issue is 350,000,000, consisting of 300,000,000 shares of common stock, par value $0.001 per share (the "Common Stock"), and 50,000,000 shares of preferred stock, par value $0.001 per share (the "Preferred Stock").

Appears in 2 contracts

Samples: Merger Agreement (Capitol Group Holdings Corp), Merger Agreement (Us Microbics Inc)

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Authorized Stock. The total number of shares of stock which the Company Corporation shall have authority to issue is 350,000,000, consisting of 300,000,000 Thirty Million (30,000,000) shares of common stock, Common Stock and the par value of each of such shares is one cent ($0.001 per share (the "Common Stock"), and 50,000,000 shares of preferred stock, par value $0.001 per share (the "Preferred Stock".01).

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Opto Circuits (India) LTD), Agreement and Plan of Merger (Cardiac Science CORP)

Authorized Stock. The total number of shares of stock which that the Company Corporation shall have authority to issue is 350,000,0001,000 shares, consisting all of 300,000,000 shares of which shall be common stock, $0.001 par value $0.001 per share (the "Common Stock"), and 50,000,000 shares of preferred stock, par value $0.001 per share (the "Preferred Stock")share.

Appears in 2 contracts

Samples: Merger Agreement (IntraLinks Holdings, Inc.), Merger Agreement (Synchronoss Technologies Inc)

Authorized Stock. The total number of shares of stock which the Company Corporation shall have authority to issue is 350,000,000100,000,000, consisting of 300,000,000 shares of which 95,000,000 shall be designated as common stock, par value $0.001 per share (the "Common Stock"), and 50,000,000 shares of 5,000,000 shall be designated as preferred stock, par value $0.001 per share (the "Preferred Stock").

Appears in 2 contracts

Samples: Merger Agreement (Unique Logistics International, Inc.), Merger Agreement (Edify Acquisition Corp.)

Authorized Stock. The total number of shares of stock which the Company Corporation shall have authority to issue is 350,000,000one hundred shares (100), consisting all of 300,000,000 shares which shall be common stock of common stock, par value $0.001 .01 per share (the "Common Stock"), and 50,000,000 shares of preferred stock, par value $0.001 per share (the "Preferred Stock")share.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Fairpoint Communications Inc)

Authorized Stock. The total aggregate number of shares of stock which that the Company Corporation shall have authority to issue is 350,000,000, consisting of 300,000,000 1,000 shares of common stockCommon Stock, par value $0.001 .01 per share (the "Common Stock"), and 50,000,000 shares of preferred stock, par value $0.001 per share (the "Preferred Stock").

Appears in 1 contract

Samples: Merger Agreement (At&t Latin America Corp)

Authorized Stock. The total number of shares of all classes of stock which the Company shall have authority Corporation is authorized to issue is 350,000,000, consisting of 300,000,000 One Thousand (1,000) shares of common stockCommon Stock, with a par value of $0.001 0.01 per share (the "Common Stock"), and 50,000,000 shares of preferred stock, par value $0.001 per share (the "Preferred Stock")share.

Appears in 1 contract

Samples: Merger Agreement (Globix Corp)

Authorized Stock. The total number of shares of stock which the ----------------- Company shall have authority to issue is 350,000,0002,000,000,000, consisting of 300,000,000 1,990,000,000 shares of common stock, par value $0.001 per share (the "Common Stock"), and 50,000,000 10,000,000 shares of preferred stock, par value $0.001 per share (the "Preferred Stock").

Appears in 1 contract

Samples: Merger Agreement (Marmion Industries Corp)

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Authorized Stock. The total number of shares of stock which the ----------------- Company shall have authority to issue is 350,000,000900,000,000, consisting of 300,000,000 800,000,000 shares of common stock, par value $0.001 per share (the "Common Stock"), and 50,000,000 100,000,000 shares of preferred stock, par value $0.001 per share (the "Preferred Stock").

Appears in 1 contract

Samples: Plan of Merger (International Development Corp)

Authorized Stock. The total number of shares of capital stock which the Company shall Corporation will have authority to issue is 350,000,000Ten Thousand (10,000) shares, consisting all of 300,000,000 shares of which will be designated as common stock, par value $0.001 0.01 per share share, and are to be of one class (the "Common Stock"), and 50,000,000 shares of preferred stock, par value $0.001 per share (the "Preferred Stock").

Appears in 1 contract

Samples: Merger Agreement (Mediacom Communications Corp)

Authorized Stock. The total number of shares of stock which the Company shall have Corporation has authority to issue is 350,000,000[•] ([•]), consisting of 300,000,000 [•] ([•]) shares of common stock, $0.01 par value $0.001 per share (the "Common Stock"), . Shares of such Common Stock together have unlimited voting rights and 50,000,000 shares are entitled to receive the net assets of preferred stock, par value $0.001 per share (the "Preferred Stock")Corporation upon dissolution.

Appears in 1 contract

Samples: Merger Agreement (Idx Systems Corp)

Authorized Stock. The total number of shares of stock which the Company shall have corporation has authority to issue is 350,000,000One Thousand (1,000) shares, consisting all of 300,000,000 shares of common stockwhich shall be Common Stock, $0.001 par value $0.001 per share (the "Common Stock"), and 50,000,000 shares of preferred stock, par value $0.001 per share (the "Preferred Stock")share.

Appears in 1 contract

Samples: Merger Agreement (Concur Technologies Inc)

Authorized Stock. The total aggregate number of shares of stock which the Company Corporation shall have authority to issue is 350,000,000750,000,000, consisting of 300,000,000 shares of common stockwhich 150,000,000 shall be designated as Common Stock, par value $0.001 0.01 per share (the "Common StockCOMMON STOCK"), and 50,000,000 shares of preferred stock600,000,000 shall be designated as Preferred Stock, par value $0.001 0.01 per share (the "Preferred StockPREFERRED STOCK").

Appears in 1 contract

Samples: Merger Agreement (Sports Authority Inc /De/)

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