Common use of Capital Structure of the Company Clause in Contracts

Capital Structure of the Company. The following sets forth the capital structure of the Company prior to the sale of any Securities in this Offering. (i) The Company has twenty one million (21,000,000) authorized shares of capital stock consisting of (A) twenty million (20,000,000) shares of Common Stock and one million (1,000,000) shares of blank check preferred stock. (ii) The Company has 1,000,000 shares of Common Stock issued and outstanding as follows: (A) Xxxx Xxxxxxx – 985,000; and (B) Xxxxx X. Xxxxxxx – 15,000 Shares. (Xxxx Xxxxxxx) may reallocate a portion of his shares in the future.

Appears in 1 contract

Samples: Subscription Agreement (Hamptons Extreme, Inc.)

AutoNDA by SimpleDocs

Capital Structure of the Company. The following sets forth the capital structure of the Company prior to the sale of any Securities in this Offering. (i) The Company has twenty one million (21,000,000) authorized shares of capital stock consisting of (A) twenty million (20,000,000) shares of Common Stock and one million (1,000,000) shares of blank check preferred stock. (ii) The Company has 1,000,000 4,000,000 shares of Common Stock issued and outstanding as follows: (A) Xxxx Xxxxxxx Xxxxxx Xxxxxx 985,0003,920,000; and (B) Xxxxx X. Xxxxxxx – 15,000 80,000 Shares. (Xxxx Xxxxxxx) Xx. Xxxxxx may reallocate a portion of his shares in the future. (iii) The Company has no other securities currently issued and outstanding and there are no warrants, options or other securities outstanding that are convertible into or exercisable for any securities of the Company.

Appears in 1 contract

Samples: Subscription Agreement (Online-Redefined, Inc.)

Capital Structure of the Company. The following sets forth the capital structure of the Company prior to the sale of any Securities in this Offering. (i) The Company has twenty one hundred five million (21,000,000105,000,000) authorized shares of capital stock consisting of (A) twenty one hundred million (20,000,000100,000,000) shares of Common Stock and one five million (1,000,0005,000,000) shares of blank check preferred stock. (ii) The Company has 1,000,000 10,200,000 shares of Common Stock issued and outstanding as follows: (A) Xxxx Xxxxxxx X’Xxxxx 985,00010,000,000; and (B) Xxxxx X. Xxxxxxx – 15,000 200,000 Shares. (Xxxx Xxxxxxx) Xxx. X’Xxxxx may reallocate a portion of his her shares in the future. (iii) The Company has no other securities currently issued and outstanding and there are no warrants, options or other securities outstanding that are convertible into or exercisable for any securities of the Company.

Appears in 1 contract

Samples: Subscription Agreement (Koffee Korner Inc.)

AutoNDA by SimpleDocs

Capital Structure of the Company. The following sets forth the capital structure of the Company prior to the sale of any Securities in this Offering. (i) The Company has twenty one hundred five million (21,000,000105,000,000) authorized shares of capital stock consisting of (A) twenty one hundred million (20,000,000100,000,000) shares of Common Stock and one five million (1,000,0005,000,000) shares of blank check preferred stock. (ii) The Company has 1,000,000 4,000,000 shares of Common Stock issued and outstanding as follows: (A) Xxxx Xxxxxxx Maneeja Xxxxx 985,0003,920,000; and (B) Xxxxx X. Xxxxxxx – 15,000 80,000 Shares. (Xxxx Xxxxxxx) Xx. Xxxxx may reallocate a portion of his her shares in the future. (iii) The Company has no other securities currently issued and outstanding and there are no warrants, options or other securities outstanding that are convertible into or exercisable for any securities of the Company.

Appears in 1 contract

Samples: Subscription Agreement (Velvet Rope Special Events, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!