Common use of Ownership of the Stock Clause in Contracts

Ownership of the Stock. The Securityholders own all of the Stock beneficially and of record, free and clear of all liens, restrictions, encumbrances, charges, and adverse claims and the Stock to be purchased hereunder constitutes One Hundred Per Cent (100%) of issued and outstanding stock of the Company.

Appears in 2 contracts

Samples: Employment Agreement (Arguss Holdings Inc), Agreement and Plan of Merger (Arguss Holdings Inc)

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Ownership of the Stock. The Securityholders own Securityholder owns all of the Stock beneficially and of record, free and clear of all liens, restrictions, encumbrances, charges, and adverse claims and the Stock to be purchased hereunder constitutes One Hundred Per Cent (100%) of issued and outstanding stock of the Company.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Arguss Holdings Inc)

Ownership of the Stock. The Securityholders own all of the Stock beneficially and of record, free and clear of all liens, restrictions, encumbrances, charges, and adverse claims and the Stock to be purchased hereunder constitutes One Hundred Per Cent one hundred percent (100%) of issued and outstanding stock of the Company.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Puroflow Inc)

Ownership of the Stock. The Securityholders own Securityholder owns all of the Stock beneficially and of record, free and clear of all liens, restrictions, encumbrances, charges, and adverse claims and the Stock to be purchased hereunder constitutes One Hundred Per Cent (100%) of issued and outstanding stock of the Company.. 4.22

Appears in 1 contract

Samples: 1 Agreement and Plan of Merger (Conceptronic Inc / De)

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Ownership of the Stock. The Securityholders own Except as provided in Exhibit 4.21, the Securityholder owns all of the Stock beneficially and of record, free and clear of all liens, restrictions, encumbrances, charges, and adverse claims and the Stock to be purchased hereunder constitutes One Hundred Per Cent (100%) of issued and outstanding stock of the Company.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Arguss Communications Inc)

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