Common use of Reservation of Option Shares Clause in Contracts

Reservation of Option Shares. The Company shall at all times keep reserved and available, out of its authorized Common Stock, such number of shares of Common Stock as shall be sufficient to provide for the exercise of the rights represented by this Agreement. The transfer agent for the Common Stock and any successor transfer agent for any shares of the Company's capital stock issuable upon the exercise of any of such rights of purchase, will be irrevocably authorized and directed at all times to reserve such number of shares as shall be requisite for such purpose. The Company will cause a copy of this Agreement to be kept on file with the transfer agent or its successors.

Appears in 11 contracts

Samples: Exhibit F (Power Exploration Inc), 6 Option Agreement (Hart Industries Inc), Fee Agreement for Introduction Services (Hartcourt Companies Inc)

AutoNDA by SimpleDocs

Reservation of Option Shares. The Company shall at all times keep reserved and available, out of its authorized Common Stock, such number of shares of Common Stock as shall be sufficient to provide for the exercise of the rights Option represented by this Agreement. The transfer agent for the Company's Common Stock and any successor transfer agent for any shares of the Company's capital stock issuable upon the exercise of any of such rights of purchaseOption rights, will be irrevocably authorized and directed at all times by the Company in writing to reserve such number of shares as shall be requisite for such purposeshares. The Company will cause a copy of this Agreement to be kept on file with the Company's current transfer agent or its successors.

Appears in 4 contracts

Samples: Advisory Agreement (Nuoasis Properties Inc), Advisory Agreement (Nuoasis Laughlin Inc), Advisory Agreement (Aci Asset Management Inc)

Reservation of Option Shares. The Company shall at all times keep reserved and available, out of its authorized Common Stockstock, such number of shares of Common Stock as shall be sufficient to provide for the exercise of the rights represented by this the Agreement. The transfer agent for the Common Stock and any successor transfer agent for any shares of the Company's ’s capital stock issuable upon the exercise of any of such rights of purchase, will be irrevocably authorized and directed at all times to reserve such number of shares as shall be requisite for such purpose. The Company company will cause a copy of this Agreement agreement to be kept on file with the transfer agent or its successors.

Appears in 2 contracts

Samples: Option Agreement (National Storm Management Inc.), Option Agreement (National Storm Management Inc.)

Reservation of Option Shares. The Company shall at all times keep reserved and available, out of its authorized Common Stock, such number of shares of Common Stock as shall be sufficient to provide for the exercise of the rights to purchase the Company's Common Stock represented by this Option Agreement. The transfer agent for the Common Stock and any successor transfer agent for any shares of the Company's capital stock issuable upon the exercise of any of such rights of purchase, will be irrevocably authorized and directed at all times to reserve such number of authorized shares as shall be requisite for such purpose. The Company will cause keep a copy of this Agreement to be kept on file with the transfer agent or its successors.

Appears in 1 contract

Samples: Option Agreement (Oasis Resorts International Inc /Nv)

Reservation of Option Shares. The Company shall at all times keep reserved and available, out of its authorized Common Stockstock, such number of shares of Common Stock as shall be sufficient to provide for the exercise of the rights represented by this Agreement. The transfer agent for the Common Stock and any successor transfer agent for any shares of the Company's capital stock issuable upon the exercise of any of such rights of purchase, will be irrevocably authorized and directed at all times to reserve such number of shares as shall be requisite for such purpose. The Company will cause a copy of this Agreement to be kept on file with the transfer agent or its successors.

Appears in 1 contract

Samples: Option Agreement With Tang Wai (Elephant Talk Communications Inc)

AutoNDA by SimpleDocs

Reservation of Option Shares. The Company shall at all times keep reserved and available, out of if its authorized Common Stock, such number of shares of Common Stock as shall be sufficient to provide for the exercise of the rights to purchase the Company's Common Stock represented by this Option Agreement. The transfer agent for the Common Stock and any successor transfer agent for any shares of the Company's capital stock issuable upon the exercise of any of such rights of purchase, will be irrevocably authorized and directed at all times to reserve such number of authorized shares as shall be requisite for such purpose. The Company will cause keep a copy of this Agreement to be kept on file with the transfer agent or its successors.

Appears in 1 contract

Samples: Option Agreement (Flexweight Corp)

Reservation of Option Shares. The Company shall at all times keep reserved and available, out of its authorized Common Stockcommon stock, such number of shares of Common Stock common stock as shall be sufficient to provide for the exercise of the rights represented by this Agreement. The transfer agent for the Common Stock stock and any successor transfer agent for any shares of the Company's capital stock issuable upon the exercise of any of such rights of purchase, will be irrevocably authorized and directed at all times to reserve such number of shares as shall be requisite for such purpose. The Company will cause a copy of this Agreement to be kept on file with the transfer agent or its successors.

Appears in 1 contract

Samples: Option Agreement (Hart Industries Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.