Increase in Option Pool. The Board of Directors and the Company’s stockholders shall have approved an increase in the number of shares of Common Stock authorized for issuance under the Plan by 2,856,000 shares of Common stock such that a total of 6,548,000 shares of Common Stock shall be authorized for issuance under the Plan as of the date hereof.
Appears in 2 contracts
Samples: Series B Preferred Stock Purchase Agreement (LendingClub Corp), Series B Preferred Stock Purchase Agreement (LendingClub Corp)
Increase in Option Pool. The Board of Directors and the Company’s stockholders shall have approved an increase in the number of shares of Common Stock authorized for issuance under the Plan by 2,856,000 2,548,778 shares of Common stock such that a total of 6,548,000 9,096,778 shares of Common Stock shall be authorized for issuance under the Plan as of the date hereof.
Appears in 1 contract
Samples: Series C Preferred Stock Purchase Agreement (LendingClub Corp)
Increase in Option Pool. The Board of Directors and the Company’s stockholders shall have approved an increase in the number of shares of Common Stock authorized for issuance under the Plan by 2,856,000 3,463,170 shares of Common stock such that a total of 6,548,000 12,559,948 shares of Common Stock shall be authorized for issuance under the Plan as of the date hereof.
Appears in 1 contract
Samples: Series D Preferred Stock Purchase Agreement (LendingClub Corp)
