Options, Warrants, Reserved Shares. As of the Effective Date, 79,880,000 shares of Class A Common Stock are reserved for issuance under the Company’s 2007 Equity and Incentive Plan under which (A) options to purchase 35,679,411 shares of Class A Common Stock at an exercise price of $23.00 per share and options to purchase 365,740 shares of Class A Common Stock at an exercise price of $25.00 per share are outstanding and (B) 537,676 restricted stock units are outstanding. Except as set forth in this Section 4.2 and except for (i) the rights of conversion of the Class B Common Stock, (ii) the right to effect the exchange of Class A Common Stock for Series A Preferred Stock (“Series A Preferred Stock”) pursuant to Section 12(a) of the Investors Rights Agreement by and between the Company and Intel Capital Corporation (the “Intel Investor Rights Agreement”), (iii) the rights of conversion of the Series A Preferred Stock and (iv) options, restricted stock units and restricted stock awards issued pursuant to the Company’s 2007 Equity and Incentive Plan since the Effective Date, there are no options, warrants, conversion privileges or other rights or agreements with respect to the issuance thereof, presently outstanding obligating the Company to issue or sell any of the capital stock of the Company. Except (x) as described in this Section 4.2 or in the Intel Investor Rights Agreement and (y) repurchase rights in respect of director options, no shares of the Company’s outstanding capital stock, or stock issuable upon exercise or exchange of any outstanding options or other stock issuable by the Company, are subject to any preemptive rights, rights of first refusal or other rights to purchase such stock (whether in favor of the Company or any other person), pursuant to any agreement or commitment to which the Company is a party or of which the Company has actual knowledge.
Appears in 2 contracts
Samples: Class a Common Stock Purchase Agreement, Class a Common Stock Purchase Agreement (Vmware, Inc.)
Options, Warrants, Reserved Shares. As of the Effective Date, 79,880,000 80,000,000 shares of Class A Common Stock are reserved for issuance under the Company’s 2007 Equity and Incentive Plan under which (A) options to purchase 35,679,411 35,799,411 shares of Class A Common Stock at an exercise price of $23.00 per share and options to purchase 365,740 shares of Class A Common Stock at an exercise price of $25.00 per share are outstanding and (B) 537,676 452,676 restricted stock units are outstanding. As of the Closing, the Company will have designated 9,500,000 shares of its preferred stock as Series A Preferred Stock (the “Series A Preferred Stock”) subject to issuance upon the exchange of the Class A Common Stock pursuant to Section 12(a) of the Investor Rights Agreement. Except as set forth in this Section 4.2 and except for (i) the rights of conversion of the Class B Common Stock, (ii) the right to effect the exchange of Class A Common Stock for Series A Preferred Stock (“Series A Preferred Stock”) pursuant to Section 12(a) of the Investors Rights Agreement by and between the Company and Intel Capital Corporation (the “Intel Investor Rights Agreement”), (iii) the rights of conversion of the Series A Preferred Stock and (iv) options, restricted stock units and restricted stock awards issued pursuant to the Company’s 2007 Equity and Incentive Plan since the Effective Date, there are no options, warrants, conversion privileges or other rights or agreements with respect to the issuance thereof, presently outstanding obligating the Company to issue or sell any of the capital stock of the Company. Except (x) as described in this Section 4.2 or in the Intel Investor Rights Agreement and (y) repurchase rights in respect of director options, no shares (including the Shares, the Exchange Shares and the Conversion Shares) of the Company’s outstanding capital stock, or stock issuable upon exercise or exchange of any outstanding options or other stock issuable by the Company, are subject to any preemptive rights, rights of first refusal or other rights to purchase such stock (whether in favor of the Company or any other person), pursuant to any agreement or commitment to which the Company is a party or of which the Company has actual knowledge.
Appears in 2 contracts
Samples: Class a Common Stock Purchase Agreement (Intel Corp), Class a Common Stock Purchase Agreement (Vmware, Inc.)
Options, Warrants, Reserved Shares. As of the Effective Date, 79,880,000 date hereof (i) 143,770 shares of Class A Common Stock are reserved for issuance on conversion of the Series A Shares currently outstanding, (ii) 4,323,308 shares of Common Stock are reserved for issuance on conversion of the aggregate of 230,000 Series B Shares to be issued pursuant to this Agreement and the Additional Series B Stock Purchase Agreement, (iii) 1,704,555 shares of Common Stock are reserved for issuance on exercise of currently outstanding Company Options or Company Options or equity awards that may be granted in the future under the Company’s 2007 Equity Company shareholder-approved equity incentive plans (the “Company Incentive Shares”), and Incentive Plan under which (Aiv) options to purchase 35,679,411 808,270 shares of Class A Common Stock at an are reserved for issuance on exercise price of $23.00 per share and options to purchase 365,740 shares of Class A Common the Stock at an exercise price of $25.00 per share are outstanding and (B) 537,676 restricted stock units are outstandingPurchase Warrants. Except as set forth in this Section 4.2 and except for (i) the rights of conversion of preceding sentence or in the Class Additional Series B Common StockStock Purchase Agreement, (ii) the right to effect the exchange of Class A Common Stock for Series A Preferred Stock (“Series A Preferred Stock”) pursuant to Section 12(a) of Purchase Agreement or the Investors Rights Agreement by and between the Company and Intel Capital Corporation (the “Intel Investor Rights Agreement”), (iii) the rights of conversion of the Series A Preferred Stock and (iv) options, restricted stock units and restricted stock awards issued pursuant to the Company’s 2007 Equity and Incentive Plan since the Effective DateAgreements, there are no outstanding options, warrants, rights (including conversion privileges or other rights preemptive rights) or agreements with respect to for the issuance thereof, presently outstanding obligating purchase or acquisition from the Company to issue or sell any of the its Subsidiaries of any shares of its capital stock or any securities convertible into or ultimately exchangeable or exercisable for any shares of the Company’s capital stock or that of any of its Subsidiaries. Except (x) as described in this Section 4.2 or set forth in the Intel Investor Rights Agreements, the Additional Series B Stock Purchase Agreement and (y) repurchase rights in respect of director optionsthe Common Stock Purchase Agreement, no shares of the Company’s outstanding capital stock, or stock issuable upon exercise or exchange of any outstanding options options, warrants or rights, or other stock issuable by the Company, are subject to any preemptive rights, rights of first refusal or other rights to purchase such stock (whether in favor of or the Company or any other person), pursuant to any agreement or commitment to which of the Company is a party or of which the Company has actual knowledgeCompany.
Appears in 1 contract
Samples: Stock Purchase Agreement (Pacific Mercantile Bancorp)
Options, Warrants, Reserved Shares. As of the Effective Date, 79,880,000 shares of Class A Common Stock are reserved for issuance under the Company’s 2007 Equity and Incentive Plan under which (A) options to purchase 35,679,411 shares of Class A Common Stock at an exercise price of $23.00 per share and options to purchase 365,740 shares of Class A Common Stock at an exercise price of $25.00 per share are outstanding and (B) 537,676 restricted stock units are outstanding. Except as set forth in this Section 4.2 and except for for: (i) the rights of conversion ---------------------------------- privileges of the Class B Common Series A Stock and the Series 1 Stock, (ii) the right options to effect the exchange purchase 4,218,559 shares of Class A Common Stock and 4,218,559 shares of Common Stock reserved for Series A Preferred Stock (“Series A Preferred Stock”) pursuant to Section 12(a) of issuance upon the Investors Rights Agreement by and between the Company and Intel Capital Corporation (the “Intel Investor Rights Agreement”)exercise thereof, (iii) the rights 411,058 additional shares of conversion Common Stock of the Series A Preferred Company reserved for future issuance under the Company's 1995 Combined Incentive and Nonqualified Stock Option Plan (the "OPTION PLAN"), and (iv) optionsthe proposed issuance of up to 50,000 shares of Series 1 Stock (of which shares, restricted stock units 37,500 will be validly issued, outstanding, fully paid and restricted stock awards issued pursuant nonassessable as at Closing) to certain of the Company’s 2007 Equity and Incentive Plan since the Effective Date's vendors, there are no not outstanding any options, warrants, rights (including conversion privileges or other rights preemptive rights) or agreements with respect for the purchase or acquisition from the Company of any shares of its capital stock or any securities convertible into or ultimately exchangeable or exercisable for any shares of the Company's capital stock. Apart from the exceptions noted in this Section 3.2(c), and except for rights of first refusal and rights of repurchase held by the Company to repurchase shares of its Common Stock issued under Stock Issuance and Restriction Agreements relating to the issuance thereofof 8,100 shares of Common Stock and to 37,500 shares of Series 1 Stock (the "STOCK ISSUANCE AND RESTRICTION AGREEMENTS"), presently outstanding obligating rights of first refusal and repurchase rights held by the Company to issue or sell any purchase shares of its stock issued under the capital stock of Option Plan and the Company. Except (x) as described in this Section 4.2 or rights granted in the Intel Investor Investor's Rights Agreement and (y) repurchase rights in respect of director optionsAgreement, no shares of the Company’s 's outstanding capital stock, or stock issuable upon exercise or exchange of any outstanding options options, warrants or rights, or other stock issuable by the Company, are subject to any preemptive rights, rights of first refusal or other rights to purchase such stock (whether in favor of the Company or any other person), pursuant to any agreement or commitment to which of the Company is a party or of which the Company has actual knowledgeCompany.
Appears in 1 contract
Samples: Series a Preferred Stock Purchase Agreement (Asymetrix Learning Systems Inc)
Options, Warrants, Reserved Shares. As of the Effective Date, 79,880,000 date hereof (i) 143,770 shares of Class A Common Stock are reserved for issuance on conversion of the 11,000 Series A Shares currently outstanding, (ii) 4,323,308 shares of Common Stock are reserved for issuance on conversion of the aggregate of 230,000 Series B Shares to be issued pursuant to the Series B Stock Purchase Agreement and this Agreement, (iii) 1,704,555 shares of Common Stock are reserved for issuance on exercise of currently outstanding Company Options or Company Options or equity awards that may be granted in the future under the Company’s 2007 Equity Company shareholder-approved equity incentive plans (the “Company Incentive Shares”), and Incentive Plan under which (Aiv) options to purchase 35,679,411 808,270 shares of Class A Common Stock at an are reserved for issuance on exercise price of $23.00 per share and options to purchase 365,740 shares of Class A Common the Stock at an exercise price of $25.00 per share are outstanding and (B) 537,676 restricted stock units are outstandingPurchase Warrants. Except as set forth in this Section 4.2 and except for (i) the rights of conversion of preceding sentence or in the Class Series B Common StockStock Purchase Agreement, (ii) the right to effect the exchange of Class A Common Stock for Series A Preferred Stock (“Series A Preferred Stock”) pursuant to Section 12(a) of Purchase Agreement or the Investors Rights Agreement by and between the Company and Intel Capital Corporation (the “Intel Investor Rights Agreement”), (iii) the rights of conversion of the Series A Preferred Stock and (iv) options, restricted stock units and restricted stock awards issued pursuant to the Company’s 2007 Equity and Incentive Plan since the Effective DateAgreements, there are no outstanding options, warrants, rights (including conversion privileges or other rights preemptive rights) or agreements with respect to for the issuance thereof, presently outstanding obligating purchase or acquisition from the Company to issue or sell any of the its Subsidiaries of any shares of its capital stock or any securities convertible into or ultimately exchangeable or exercisable for any shares of the Company’s capital stock or that of any of its Subsidiaries. Except (x) as described in this Section 4.2 or set forth in the Intel Investor Rights Agreements, the Series B Stock Purchase Agreement and (y) repurchase rights in respect of director optionsthe Common Stock Purchase Agreement, no shares of the Company’s outstanding capital stock, or stock issuable upon exercise or exchange of any outstanding options options, warrants or rights, or other stock issuable by the Company, are subject to any preemptive rights, rights of first refusal or other rights to purchase such stock (whether in favor of or the Company or any other person), pursuant to any agreement or commitment to which of the Company is a party or of which the Company has actual knowledgeCompany.
Appears in 1 contract
Samples: Additional Series B Stock Purchase Agreement (Pacific Mercantile Bancorp)