Maximum Amount of Put Shares. Unless the Company obtains the requisite approval of its shareholders in accordance with the corporate laws of California and the applicable rules of the Principal Market, no more than 19.9% of the Outstanding shares of Common Stock may be issued and sold in the aggregate pursuant to this Agreement.
Appears in 3 contracts
Samples: Private Equity Line Agreement (Sonic Solutions/Ca/), Private Equity Line Agreement (Sonic Solutions/Ca/), Escrow Agreement (Sonic Solutions/Ca/)
Maximum Amount of Put Shares. Unless the Company obtains the requisite approval of its shareholders in accordance with the corporate laws of California and the applicable rules of the Principal Market, no more than 19.9% of the Outstanding 1,510,000 shares of Common Stock may be issued and sold in the aggregate pursuant to this AgreementPuts.
Appears in 1 contract
Samples: Private Equity Line of Credit Agreement (Sonic Solutions/Ca/)
