Capitalization of Industrial Scientific; Ownership Sample Clauses

Capitalization of Industrial Scientific; Ownership. The authorized capital stock of Industrial Scientific consists of 15,000,000 shares of Industrial Scientific Common Stock, of which no more than 3,379,037 shares are issued and outstanding as of the date hereof, and 1,000,000 shares of Preferred Stock, without par value, of which no shares are issued and outstanding as of the date hereof. All of the issued and outstanding shares of capital stock of Industrial Scientific are duly authorized, validly issued, fully paid and non-assessable and free of preemptive rights. Except for outstanding Industrial Scientific Stock Options to purchase an aggregate of no more than 52,118 shares of Industrial Scientific Common Stock, there are no outstanding options, warrants or other rights of any kind to acquire (including preemptive rights) any additional shares of capital stock of Industrial Scientific or securities convertible into or exchangeable for, or which otherwise confer on the holder thereof any right to acquire, any such additional shares, nor is Industrial Scientific committed to issue any such option, warrant, right or security. Following the Merger, Industrial Scientific will have no obligation to issue, transfer or sell any shares of its capital stock or other securities of Industrial Scientific pursuant to any employee benefit plan or otherwise.
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Related to Capitalization of Industrial Scientific; Ownership

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  • Promotion and Protection of Investments 1. Each Contracting Party shall in accordance with its laws and regulations promote, create favorable conditions for investments by investors of the other Contracting Party and admit such investments. 2. Each Contracting Parly shall at all times accord in its territory to investments of investors of the other Contracting Party fair and equitable treatment and full and constant protection and security. 3. Each Contracting Party shall not impair by unreasonable, arbitrary or discriminatory measures the management, maintenance, use, enjoyment, acquisition or disposal of investments in its territory of investors of the other Contracting Xxxxx.

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