Convertible Preferred Stock. As of September 30, 1997, (i) 10,493,972 shares of Common Stock were issued and outstanding, all of which are validly issued, fully paid and nonassessable; and (ii) 1,570,426 shares of Common Stock were reserved for issuance pursuant to stock options under the Company's stock option plans (the "The Company Option Plans") and rights under the Company's Employee Stock Purchase Plan.
Appears in 4 contracts
Samples: Common Stock and Warrant Purchase Agreement (Storm Technology Inc), Common Stock and Warrant Purchase Agreement (Storm Technology Inc), Common Stock and Warrant Purchase Agreement (Storm Technology Inc)
Convertible Preferred Stock. As of September 30, 1997, (i) 10,493,972 shares sharess of Common Stock were issued and outstanding, all of which are validly issued, fully paid and nonassessable; and (ii) 1,570,426 shares of Common Stock were reserved for issuance pursuant to stock options under the Company's stock option plans (the "The Company Option Plans") and rights under the Company's Employee Stock Purchase Plan.
Appears in 1 contract
Samples: Common Stock and Warrant Purchase Agreement (Storm Technology Inc)
