Common use of Company-Held Shares Clause in Contracts

Company-Held Shares. For purposes of Sections 5(a) above, Common Stock owned or held at any relevant time by, or for the account of, the Company in its treasury or otherwise, shall not be deemed to be outstanding for purposes of the calculation and adjustments described therein.

Appears in 6 contracts

Samples: Subscription Agreement (BBJ Environmental Technologies Inc), Subscription Agreement (BBJ Environmental Technologies Inc), Subscription Agreement (BBJ Environmental Technologies Inc)

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