Common use of Exempt Issuance Clause in Contracts

Exempt Issuance. Notwithstanding anything herein to the contrary, the provisions of this Section 3 shall not apply to the grant of stock options or the issuance of shares of Common Stock, in either case, to officers or directors of the Company or to entities by which they are employed.

Appears in 4 contracts

Samples: Common Stock Purchase Warrant (Softbank Technology Ventures Iv Lp), Common Stock Purchase Warrant (Softbank Technology Ventures Iv Lp), Common Stock Purchase Warrant (Softbank Technology Ventures Iv Lp)

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Exempt Issuance. Notwithstanding anything herein to the --------------- contrary, the provisions of this Section 3 shall not apply to the grant of stock options or the issuance of shares of Common Stock, in either case, to officers or directors of the Company or to entities by which they are employed.

Appears in 1 contract

Samples: Securities Purchase Agreement (Interliant Inc)

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