INC Capitalization. The authorized capital stock of INC consists of (i) 31,000,000 shares of Class A Common Stock, (ii) 1,000,000 shares of Class B-1 Common Stock and (iii) 15,000,000 shares of Class B-2 Common Stock (collectively, “INC Common Stock”). No shares of INC Common Stock are issued or outstanding. When issued pursuant to the terms of this Agreement and receipt of payment therefor, all of the issued and outstanding shares of INC Common Stock will be duly authorized, validly issued, fully paid and non-assessable.
Appears in 12 contracts
Samples: Transaction Agreement (RMR Group Inc.), Transaction Agreement (RMR Group Inc.), Transaction Agreement (RMR Group Inc.)
