Common use of Options, Warrants, and Subscriptions Clause in Contracts

Options, Warrants, and Subscriptions. (a) Except as set forth in 3.03 above , neither the Company or Company Sub has outstanding (i) any other shares of any class of capital stock other than the common stock of each of the Company and Company Sub, respectively, (ii) no options, warrants, subscription, or other rights to purchase from the Company or Company Sub any capital stock of the Company or of Company Sub; (iii) no securities convertible into or exchangeable for capital stock of the Company or of Company Sub; and (iv) no other commitments of any kind for the issuance of additional shares of capital stock or options, warrants, or other securities of the Company or of Company Sub. (b) No Person, including, but not limited to, any officer or director of the Company, has any right (preemptive or otherwise) to acquire any capital stock of the Company or of Company Sub.

Options, Warrants, and Subscriptions. (a) Except as set forth in 3.03 above above, neither the Company or Company Sub has outstanding (i) any other shares of any class of capital stock other than the common stock of each of the Company and Company Sub, respectively, (ii) no options, warrants, subscription, or other rights to purchase from the Company or Company Sub any capital stock of the Company or of Company Sub; (iii) no securities convertible into or exchangeable for capital stock of the Company or of Company Sub; and (iv) no other commitments of any kind for the issuance of additional shares of capital stock or options, warrants, or other securities of the Company or of Company Sub. (b) No Person, including, but not limited to, any officer or director of the Company, has any right (preemptive or otherwise) to acquire any capital stock of the Company or of Company Sub.