Exempt Issuances. The term “Exempt Issuance” as defined in the Purchase Agreement is hereby amended to include Common Stock and Common Stock Equivalents to employees, officers, directors and consultants, if issued pursuant to a resolution adopted by the majority of the non-employee members of the Board of Directors.
Appears in 4 contracts
Samples: Securities Purchase Agreement and Registration Rights Agreement (Generex Biotechnology Corp), Securities Purchase Agreement and Registration Rights Agreement (Generex Biotechnology Corp), Securities Purchase Agreement and Registration Rights Agreement (Generex Biotechnology Corp)