Common use of Capital Stock and Related Matters Clause in Contracts

Capital Stock and Related Matters. The Charter of the Company authorizes the Company to issue 25,000,000 shares of common stock, par value $0.01 per share, and 5,000,000 shares of preferred stock, no par value per share. As of the date of this Agreement, there are 9,826,435 shares of the Company’s common stock issued and outstanding and no shares of the Company’s preferred stock outstanding. All of the outstanding capital stock of the Company has been duly authorized and validly issued and is fully paid and non-assessable. There are, as of the date hereof, no outstanding options, rights, warrants or other agreements or instruments obligating the Company to issue, deliver or sell, or cause to be issued, delivered or sold, additional shares of the capital stock of the Company or obligating the Company to grant, extend or enter into any such agreement or commitment to any Person other than the Company, except pursuant to the Company’s equity incentive plans and warrants issued to the Company’s initial organizers, all of which has been duly adopted by the Company’s Board of Directors.

Capital Stock and Related Matters. The Charter of the Company authorizes the Company to issue 25,000,000 40,000,000 shares of common stock, par value $0.01 per share, and 5,000,000 10,000,000 shares of preferred stock, no $0.01 par value per share. As of the date of this Agreement, there are 9,826,435 8,344,095 shares of the Company’s common stock issued and outstanding and no shares of the Company’s preferred stock issued and outstanding. All of the outstanding capital stock of the Company has been duly authorized and validly issued and is fully paid and non-assessable. There are, as of the date hereof, no outstanding options, rights, warrants or other agreements or instruments obligating the Company to issue, deliver or sell, or cause to be issued, delivered or sold, additional shares of the capital stock of the Company or obligating the Company to grant, extend or enter into any such agreement or commitment to any Person other than the Company, Company except pursuant to the Company’s equity incentive plans and warrants issued to the Company’s initial organizers, all of which has been or employee stock ownership plan duly adopted by the Company’s Board of Directors.

Capital Stock and Related Matters. The Charter of the Company authorizes the Company to issue 25,000,000 100,000,000 shares of common stock, par value $0.01 per share, stock and 5,000,000 no shares of preferred stock, no par value per share. As of the date of this Agreement, there are 9,826,435 3,978,319 shares of the Company’s common stock issued and 3,904,578 shares of the Company’s common stock outstanding and no shares of the Company’s preferred stock issued and outstanding. All of the outstanding capital stock of the Company has been duly authorized and validly issued and is fully paid and non-assessable. There are, as of the date hereof, no outstanding options, rights, warrants or other agreements or instruments obligating the Company to issue, deliver or sell, or cause to be issued, delivered or sold, additional shares of the capital stock of the Company or obligating the Company to grant, extend or enter into any such agreement or commitment to any Person other than the Company, Company except pursuant to the Company’s equity incentive plans and warrants issued to the Company’s initial organizers, all of which has been duly adopted by the Company’s Board of Directors.

Capital Stock and Related Matters. The Charter of the Company authorizes the Company to issue 25,000,000 40,000,000 shares of common stock, $1.00 par value $0.01 per sharevalue, and 5,000,000 10,000,000 shares of preferred stock, no NO par value per sharevalue. As of the date of this Agreement, there are 9,826,435 10,109,012 shares of the Company’s common stock issued and outstanding and no NO shares of the Company’s preferred stock issued and outstanding]. All of the outstanding capital stock of the Company has been duly authorized and validly issued and is fully paid and non-assessable. There are, as of the date hereof, no outstanding options, rights, warrants or other agreements or instruments obligating the Company to issue, deliver or sell, or cause to be issued, delivered or sold, additional shares of the capital stock of the Company or obligating the Company to grant, extend or enter into any such agreement or commitment to any Person other than the Company, Company except pursuant to the Company’s equity incentive plans and warrants issued to the Company’s initial organizers, all of which has been duly adopted by the Company’s Board of Directors.

Capital Stock and Related Matters. The Charter of the Company authorizes the Company to issue 25,000,000 150,000,000 shares of common stock, par value $0.01 per share, and 5,000,000 25,000,000 shares of preferred stock, no par value $0.01 per share. As of the date of this Agreement, there are 9,826,435 48,896,454 shares of the Company’s common stock issued and outstanding and no shares of the Company’s preferred stock issued and outstanding. All of the outstanding capital stock of the Company has been duly authorized and validly issued and is fully paid and non-assessable. There are, as of the date hereof, no outstanding options, rights, warrants or other agreements or instruments obligating the Company to issue, deliver or sell, or cause to be issued, delivered or sold, additional shares of the capital stock of the Company or obligating the Company to grant, extend or enter into any such agreement or commitment to any Person other than the Company, Company except pursuant to the Company’s equity incentive plans and warrants issued to the Company’s initial organizers, all of which has been or employee stock ownership plan duly adopted by the Company’s Board of Directors.

Capital Stock and Related Matters. The Charter of the Company authorizes the Company to issue 25,000,000 20,000,000 shares of common stock, par value $$ 0.01 per share, and 5,000,000 1,000,000 shares of preferred stock, no par value $ 0.01 per share. As of the date of this Agreement, there are 9,826,435 7,169,826 shares of the Company’s common stock issued and outstanding and no shares of the Company’s preferred stock issued and outstanding. All of the outstanding capital stock of the Company has been duly authorized and validly issued and is fully paid and non-assessable. There are, as of the date hereof, no outstanding options, rights, warrants or other agreements or instruments obligating the Company to issue, deliver or sell, or cause to be issued, delivered or sold, additional shares of the capital stock of the Company or obligating the Company to grant, extend or enter into any such agreement or commitment to any Person other than the Company, Company except pursuant to the Company’s equity incentive plans and warrants issued to the Company’s initial organizers, all of which has been or employee stock ownership plan duly adopted by the Company’s Board of Directors.

Capital Stock and Related Matters. The Charter of the Company authorizes the Company to issue 25,000,000 500,000,000 shares of common stock, no par value $0.01 per sharevalue, and 5,000,000 200,000 shares of series preferred stock, no par value per sharevalue. As of the date of this Agreement, there are 9,826,435 21,890,953 shares of the Company’s common stock issued and outstanding and no shares of the Company’s preferred stock issued and outstanding. All of the outstanding capital stock of the Company has been duly authorized and validly issued and is fully paid and non-assessable. There are, as of the date hereof, no outstanding options, rights, warrants or other agreements or instruments obligating the Company to issue, deliver or sell, or cause to be issued, delivered or sold, additional shares of the capital stock of the Company or obligating the Company to grant, extend or enter into any such agreement or commitment to any Person other than the Company, Company except pursuant to the Company’s equity incentive plans and warrants issued to the Company’s initial organizers, all of which has been duly adopted by the Company’s Board of DirectorsDirectors or as otherwise disclosed in the Company’s Reports.

Capital Stock and Related Matters. The Charter of the Company authorizes the Company to issue 25,000,000 55,000,000 shares of common capital stock, par value $0.01 per share, and 5,000,000 consisting of 50,000,000 shares of preferred stockCommon Stock, no par value per share. As , of which 17,352,104 are issued and outstanding as of the date of this Agreementhereof, there are 9,826,435 and 5,000,000 shares of the Company’s common stock Preferred Stock, par value $1.00 per share, none of which are issued and outstanding and no shares as of the Company’s preferred stock outstandingdate hereof. All of the outstanding capital stock of the Company has been duly authorized and validly issued and is fully paid and non-assessable. There are, as of the date hereof, no outstanding options, rights, warrants or other agreements or instruments obligating the Company to issue, deliver or sell, or cause to be issued, delivered or sold, additional shares of the capital stock of the Company or obligating the Company to grant, extend or enter into any such agreement or commitment to any Person other than the Company, Company except pursuant to the Company’s equity incentive plans and warrants issued to the Company’s initial organizers, all of which has been duly adopted by the Company’s Board of Directors.

Capital Stock and Related Matters. The Charter of the Company authorizes the Company to issue 25,000,000 100,000,000 shares of common stock, $0.01 par value $0.01 per share, and 5,000,000 25,000,000 shares of preferred stock, no $0.01 par value per sharevalue. As of the date of this Agreement, there are 9,826,435 14,623,659 shares of the Company’s common stock issued and outstanding and no shares of the Company’s preferred stock issued and outstanding. All of the outstanding capital stock of the Company has been duly authorized and validly issued and is fully paid and non-assessable. There are, as of the date hereof, no outstanding options, rights, warrants or other agreements or instruments obligating the Company to issue, deliver or sell, or cause to be issued, delivered or sold, additional shares of the capital stock of the Company or obligating the Company to grant, extend or enter into any such agreement or commitment to any Person other than the Company, Company except pursuant to the Company’s equity incentive plans and warrants issued to the Company’s initial organizers, all of which has been duly adopted by the Company’s Board of Directors.

Capital Stock and Related Matters. The Charter of the Company authorizes the Company to issue 25,000,000 10,000,000 shares of common stock, par value $0.01 2.50 per share, and 5,000,000 500,000 shares of preferred stock, no par value $10.00 per share. share As of the date of this Agreement, there are 9,826,435 3,478,772 shares of the Company’s common stock issued and outstanding and no shares of the Company’s preferred stock issued and outstanding. All of the outstanding capital stock of the Company has been duly authorized and validly issued and is fully paid and non-assessable. There are, as of the date hereof, no outstanding options, rights, warrants or other agreements or instruments obligating the Company to issue, deliver or sell, or cause to be issued, delivered or sold, additional shares of the capital stock of the Company or obligating the Company to grant, extend or enter into any such agreement or commitment to any Person other than the Company, Company except pursuant to the Company’s equity incentive plans and warrants issued to the Company’s initial organizers, all of which has been or employee stock ownership plan duly adopted by the Company’s Board of Directors.

Capital Stock and Related Matters. The Charter of the Company authorizes the Company to issue 25,000,000 50,000,000 shares of common stock, $0.01 par value $0.01 per share, and 5,000,000 1,000,000 shares of preferred stock, no $0.01 par value per share. As of the date of this AgreementJuly 19, 2021, there are 9,826,435 25,113,322 shares of the Company’s common stock issued and outstanding outstanding, and no 45,000 shares of the Company’s preferred stock issued and outstanding. All of the outstanding capital stock of the Company has been duly authorized and validly issued and is fully paid and non-assessable. There are, as of the date hereof, no outstanding options, rights, warrants or other agreements or instruments obligating the Company to issue, deliver or sell, or cause to be issued, delivered or sold, additional shares of the capital stock of the Company or obligating the Company to grant, extend or enter into any such agreement or commitment to any Person other than the Company, Company except pursuant to the Company’s equity incentive plans and warrants issued to the Company’s initial organizers, all of which has been duly adopted by the Company’s Board of Directors.

Capital Stock and Related Matters. The Charter of the Company authorizes the Company to issue 25,000,000 40,000,000 shares of common stock, par value $0.01 1.00 per share, and 5,000,000 shares of preferred stock, no par value per share. As of the date of this Agreement, there are 9,826,435 10,310,212 shares of the Company’s common stock issued and outstanding and no shares of the Company’s preferred stock issued and outstanding. All of the outstanding capital stock of the Company has been duly authorized and validly issued and is fully paid and non-assessable. There are, as of the date hereof, no outstanding options, rights, warrants or other agreements or instruments obligating the Company to issue, deliver or sell, or cause to be issued, delivered or sold, additional shares of the capital stock of the Company or obligating the Company to grant, extend or enter into any such agreement or commitment to any Person other than the Company, Company except pursuant to the Company’s equity incentive plans and warrants issued to the Company’s initial organizers, all of which has been or employee stock ownership plan duly adopted by the Company’s Board of Directors.