Issuance of Company Common Stock. At the Option Closing, simultaneously with the delivery of immediately available funds as provided in Subsection 2(f), the Company shall deliver to Grantee a certificate or certificates representing the number of shares of Company Common Stock (or other Option Securities) purchased by Grantee and, if the Option should be exercised in part only, a new Option evidencing the rights of Grantee thereof to purchase the balance of the shares (or other Option Securities) purchasable hereunder. If at the time of issuance of any Option Shares pursuant to an exercise of all or part of the Option hereunder, the Company shall have issued any rights or other securities which are attached to or otherwise associated with the Company Common Stock, then each Option Share issued pursuant to such exercise shall also represent such rights or other securities with terms substantially the same as and at least as favorable to Grantee as are provided under any shareholder rights agreement or similar agreement of the Company then in effect.
Issuance of Company Common Stock. Subject to Section 2(k), at any Option Closing, simultaneously with the delivery of immediately available funds as provided in Section 2(f) hereof, the Company shall deliver to Grantee a certificate or certificates representing the number of shares of Company Common Stock (or other Option Securities) purchased by Grantee at such Option Closing and, if the Option should be exercised in part only, a new Option evidencing the rights of Grantee thereof to purchase the balance of the Option Shares (or other Option Securities) purchasable hereunder. If at the time of issuance of any Option Shares pursuant to an exercise of all or part of the Option hereunder, the Company shall have issued any rights or other securities which are attached to or otherwise associated with Company Common Stock, then each Option Share issued pursuant to such exercise shall also represent such rights or other securities with terms substantially the same as and at least as favorable to Grantee as are provided under any shareholder rights agreement or similar agreement of the Company then in effect.
Issuance of Company Common Stock. Unless otherwise determined by the board of directors of the Company following the Closing, or as required pursuant to any Subscription Agreement, the Company Common Stock shall be uncertificated, with record ownership reflected only in the stock transfer ledger of the Company.
Issuance of Company Common Stock. Upon receipt by the Company of the Notice of Exercise and payment of the Aggregate Exercise Price, the Holder shall be deemed to be the holder of record of the Company Common Stock issuable upon such exercise, notwithstanding that certificates representing such Company Common Stock may not then be actually delivered. Within three (3) Business Days after such delivery of the Notice of Exercise and payment of the Aggregate Exercise Price, the Company shall issue and cause to be delivered to the Holder a certificate or certificates (in the name of the Holder) for the Exercise Amount.
Issuance of Company Common Stock. On and after the Company's amendment to its Articles of Incorporation to increase its authorized number of shares of Common Stock to a minimum of 750,000,000, at the time of any issuance of Company Convertible Preferred Stock pursuant to this Section 1.1, Company Common Stock shall be issued (based on the applicable conversion ratio of Company Convertible Preferred Stock to Company Common Stock at such time) in lieu of Company
Issuance of Company Common Stock. In consideration for the transfer and assignment of all the issued and outstanding share capital of GHG and 49% of the issued and outstanding share capital of Xxxxxxxx.xxx to LTGL, and the transfer and assignment of all the issued and outstanding share capital of LTGL to the Company, and against delivery of the certificates representing such share capital as provided in Section 1.1(a) hereof, at the Effective Date, the Company shall issue an aggregate of 5,060,000 shares of Common Stock to the Shareholders, as follows:
(i) to the GHG Shareholders an aggregate of 3,700,000 shares of Company Common Stock, in the individual amounts among the GHG Shareholders as set forth opposite their respective names on SCHEDULE 1 annexed hereto and made a part hereof;
(ii) to the LTGL Shareholders, an aggregate of 940,000 shares of Company Common Stock, in the individual amounts among the GHG Shareholders as set forth opposite their respective names on SCHEDULE 2 annexed hereto and made a part hereof; and
(iii) to Ci4net, an aggregate of 220,000 shares of Company Common Stock.
Issuance of Company Common Stock. In consideration of the services to be provided to the Company, the Company shall issue and deliver to Consultant 150,000 shares of the Common Stock of the Company upon execution of this Agreement by the parties hereto. Further, as payment for the assistance to the Company in obtaining financing from Linda S. Weaver ("Weaver"), xxx Xxxxxxx xxxll ixxxx xdditional shares of Common Stock of the Company to Consultant as follows:
(i) upon receipt in March 1998 by the Company of the initial funding to be provided by Weaver , expected to be approximately $530,000, the Company shall issue and deliver to Consultant an additional 55,000 shares of Common stock; and
(ii) upon receipt in July 1998 by the Company of the remaining funding to be provided by Weaver, expected to be approximately $440,000, the Company shall issue and deliver to Consultant an additional 45,000 shares of Common Stock. The obligation of the Company to issue and deliver to Consultant the additional 100,000 shares of Common Stock of the Company is subject to the receipt by the Company of the funding from Weaver as noted above.
Issuance of Company Common Stock. The Company has 1,412 shares of Company Common Stock issued and outstanding and held by the stockholders in the stockholder’s list provided by the Company to the Parent. All of the issued and outstanding shares have been authorized by the board of directors of the Company and have been issued in transactions which are exempt from registration under the Securities Act. All stockholders are accredited investors as defined in Rule 501 of the SEC pursuant to the Securities Act. The Company has outstanding no options, warrants, rights, convertible debt or equity securities or other instruments pursuant to the terms of which any shares of Company Common Stock can or may be issued or issuable.
Issuance of Company Common Stock. Prior to the Closing, Grosxxxx xxxll have been issued (and shall own as of the Closing) a number of shares of the Company Common Stock equal to 1% of the shares of the Company's Common Stock then outstanding, after giving effect to such issuance.
Issuance of Company Common Stock. “Shares”).
(a) Issuance following Vesting. Promptly following a Vesting Date, the Committee shall certify the per share closing price of the Company’s common stock on such Vesting Date, as applcable. The Committee shall then issue to you a number of Shares equal to the number of Performance Stock Units that have vested, as evidenced by issuance of a stock certificate without restrictive legend, by electronic delivery of such Shares to a brokerage account designated by you, or by an unrestricted book-entry registration of such Shares with the Company’s transfer agent. Such Shares shall be covered by a registration statement filed with the Securities and Exchange Commission.
