Increase in Authorized Capital Stock. The Company shall have obtained approval from the Board and the written consent of holders of a majority of the Company's outstanding Common Stock of an increase in the number of authorized shares of Common Stock to not less than 500,000,000.
Appears in 4 contracts
Samples: Private Placement Subscription Agreement (Comdial Corp), Private Placement Subscription Agreement (Comdial Corp), Private Placement Subscription Agreement (Priddy Robert L)
