Common use of Issue of Share Certificates To Voting Trustees Clause in Contracts

Issue of Share Certificates To Voting Trustees. After the execution and delivery of this Agreement, when the Corporation issues shares to the Holders, it shall issue the shares in the name of the Voting Trustees one stock certificate representing the aggregate of the shares to Holders. The Voting Trustees are authorized and empowered to cause to be made any further transfers of the Shares which may become necessary through the occurrence of any change of persons holding the office of Voting Trustee.

Appears in 4 contracts

Samples: Voting Trust and Escrow Agreement (Entech Environmental Technologies Inc), Voting Trust and Escrow Agreement (Entech Environmental Technologies Inc), Voting Trust and Escrow Agreement (China Power Equipment, Inc.)

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Issue of Share Certificates To Voting Trustees. After the execution and delivery of the Stock Purchase Agreement between the Corporation and the Holders and the execution and delivery of this Agreement, when the Corporation issues shares to the Holders, it shall issue the shares in the name of the Voting Trustees one stock certificate representing the aggregate of the shares to Holders. The Voting Trustees are authorized and empowered to cause to be made any further transfers of the Shares which may become necessary through the occurrence of any change of persons holding the office of Voting Trustee.

Appears in 1 contract

Samples: Voting Trust and Escrow Agreement (China Agri-Business, Inc.)

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