Common use of Issuance of Shares Other Than Common Stock Clause in Contracts

Issuance of Shares Other Than Common Stock. In the event that in any such reorganization or reclassification, consolidation or merger described in Section 4.1, additional shares of Common Stock shall be issued in exchange, conversion, substitution or payment, in whole or in part, for or of a security of the Company other than Common Stock, any such issue shall be treated as an issue of Common Stock covered by the provisions of Section 3 above with the amount of the consideration received upon the issue thereof being determined by the Board of Directors of the Company.

Appears in 3 contracts

Samples: Exchange Agreement (Martin Frank A), Exchange Agreement (Woodglen Group Lp), Woodglen Group Lp

AutoNDA by SimpleDocs

Issuance of Shares Other Than Common Stock. In the event that in If any such reorganization or reclassification, consolidation consolidation, merger sale or merger other disposition described in Section 4.14.1 occurs, or additional shares of Common Stock shall be are issued in exchange, conversion, substitution or payment, in whole or in part, for or of a security of the Company other than Common Stock, any such issue shall will be treated as an issue of Common Stock covered by the provisions of Section 3 above with the amount of the consideration received upon the issue thereof thereof, if applicable for purposes hereof, being determined by the Board of Directors of the Company.

Appears in 1 contract

Samples: I Trax Inc

Issuance of Shares Other Than Common Stock. In the event that in If any such reorganization or reclassification, consolidation consolidation, merger sale or merger other disposition described in Section 4.14.1 occurs, additional shares of Common Stock shall be are issued in exchange, conversion, substitution or payment, in whole or in part, for or of a security of the Company other than Common Stock, any such issue shall will be treated as an issue of Common Stock covered by the provisions of Section 3 above with the amount of the consideration received upon the issue thereof thereof, if applicable for purposes hereof, being determined by the Board of Directors of the Company.

Appears in 1 contract

Samples: Agreement (I Trax Inc)

AutoNDA by SimpleDocs

Issuance of Shares Other Than Common Stock. In the event that in If any such reorganization or reclassification, consolidation consolidation, merger sale or merger other disposition described in Section 4.14.1 occurs, additional shares of Common Stock shall be are issued in exchange, conversion, substitution or payment, in whole or in part, for or of a security of the Company other than Common Stock, any such issue shall will be treated as an issue of Common Stock covered by the provisions of Section 3 above with the amount of the consideration received upon the issue thereof being determined by the Board of Directors of the Company.of

Appears in 1 contract

Samples: I Trax Inc

Time is Money Join Law Insider Premium to draft better contracts faster.