Itc Common Stock Sample Clauses

Itc Common Stock. ITC shall issue in exchange for the Airtech Common Stock, 8,000,000 shares of registered ITC Common Stock. Each Airtech shareholder will receive their pro-rata percent of the of the ITC Common Stock (number of Shareholder's shares of Common Stock in Airtech / total issued and outstanding shares of Airtech Common Stock). Prior to the Closing, as defined herein and in the Escrow Agreement, ITC shall file a registration statement with the Securities and Exchange Commission to register the ITC Common Stock, Preferred Stock and Debentures under the Securities Act of 1933 and after the registration statement is declared effective file such post-effective amendments and such other documents as may be required to enable the Selling Shareholders to sell any such ITC Common Stock acquired by them pursuant to the provisions of this Stock Purchase Agreement. It is mutually agreed that ITC and Airtech shall work together in the preparation of the information required in the Registration Form and that Airtech shall be responsible for the cost associated with registering the shares for the Airtech Shareholders.
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Itc Common Stock. The ITC Common Stock to be delivered to the Shareholders at the Closing Date will be duly authorized, validly issued shares of Common Stock of ITC, fully paid and non assessable.
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Itc Common Stock. 18 4.3 AUTHORIZATION; VALIDITY OF OBLIGATIONS.................................18 4.4 NO CONFLICTS...........................................................
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Itc Common Stock 
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Related to Itc Common Stock

  • Common Stock 1 Company........................................................................1

  • Parent Common Stock At and after the Effective Time, each share of Parent Common Stock issued and outstanding immediately prior to the Effective Time shall remain an issued and outstanding share of common stock of the Surviving Corporation and shall not be affected by the Merger.

  • Company Common Stock “Company Common Stock” shall mean the Common Stock, par value $0.001 per share, of the Company.

  • Merger Sub Common Stock At the Effective Time, each share of common stock, par value $0.01 per share, of Merger Sub (“Merger Sub Common Stock”) issued and outstanding immediately prior to the Effective Time shall be automatically converted into one fully paid and nonassessable share of common stock, par value $0.01 per share, of the Surviving Corporation.

  • Common Shares 4 Company...................................................................................... 4