Fully Paid Shares. The Shares, when acquired by the Purchaser will be fully paid and non-assessable, free of preemptive rights and encumbrances, and will have the same rights under the Company's certificate of incorporation and by-laws as all other shares of Common Stock.
Appears in 3 contracts
Samples: Stock Purchase Agreement (Glasgal Communications Inc), Stock Purchase Agreement (Executive Telecard LTD), Stock Purchase Agreement (Glasgal Communications Inc)
Fully Paid Shares. The Shares, when acquired by the Purchaser Purchasers will be fully paid and non-assessable, free of preemptive rights and encumbrances, and will have the same rights under the Company's certificate of incorporation and by-laws as all other shares of Common Stock.
Appears in 2 contracts
Samples: Stock Purchase Agreement (Datatec Systems Inc), Stock Purchase Agreement (Glasgal Communications Inc)
