Common use of OWNERSHIP OF SOLOVISION COMMON STOCK Clause in Contracts

OWNERSHIP OF SOLOVISION COMMON STOCK. Each of the Shareholders owns his or its shares of Solovision Common Stock free and clear of all liens, pledges, security interests, claims, restrictions on transfer or other adverse claims, encumbrances or charges whatsoever. There are no outstanding options, rights or calls or other commitments or agreements of any kind with respect to the shares of Solovision Common Stock owned by such Shareholder.