Common use of Issue of Shares Clause in Contracts

Issue of Shares. Directors authorized to issue shares 3.1 The directors may, subject to the rights of the holders of the issued shares of the Company, issue, allot, sell, grant options on or otherwise dispose of the unissued shares, and issued shares held by the Company, at the times, to the persons, including directors, in the manner, on the terms and conditions and for the issue prices that the directors, in their absolute discretion, may determine. Company need not recognize unregistered interests 3.2 Except as required by law or these articles, the Company need not recognize or provide for any person’s interests in or rights to a share unless that person is the shareholder of the share.

Issue of Shares. 3.1 Directors authorized to issue shares 3.1 shares The directors may, subject to the rights of the holders of the issued shares of the Company, issue, allot, sell, grant options on or otherwise dispose of the unissued shares, and issued shares held by the Company, at the times, to the persons, including directors, in the manner, on the terms and conditions and for the issue prices that the directors, in their absolute discretion, may determine. . 3.2 Company need not recognize unregistered interests 3.2 interests Except as required by law or these articlesArticles, the Company need not recognize or provide for any person’s interests in or rights to a share unless that person is the shareholder of the share.

Issue of Shares. Directors authorized DireCtors authorizeD to issue shares 3.1 4.1 The directors may, subject to the rights of the holders of the issued shares of the Company, issue, allot, sell, grant options on or otherwise dispose of the unissued shares, and issued shares held by the Company, at the times, to the persons, including directors, in the manner, on the terms and conditions and for the issue prices that the directors, in their absolute discretion, may determine. Company need neeD not recognize unregistered reCognize unregistereD interests 3.2 4.2 Except as required by law or these articles, the Company need not recognize or provide for any person’s interests in or rights to a share unless that person is the shareholder of the share.