Common use of Reservation of Shares of Parent Common Stock Clause in Contracts

Reservation of Shares of Parent Common Stock. Parent shall reserve and maintain a reserve from its authorized and unissued shares of Parent Common Stock such number of shares of Parent Common Stock that are subject to issuance upon exchange of all outstanding shares of Preferred Stock and all Interests held by the Limited Partners (other than the Interests held by Clearday).

Appears in 3 contracts

Samples: Limited Partnership Agreement (Clearday, Inc.), Merger Agreement (Superconductor Technologies Inc), Merger Agreement (Superconductor Technologies Inc)

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Reservation of Shares of Parent Common Stock. Parent shall reserve and maintain for issuance a reserve from its authorized and unissued shares of Parent Common Stock such sufficient number of shares of Parent Common Stock that are subject to issuance upon exchange cover the issuances of all outstanding such stock required hereby and shall file such forms as may be required to notify the NASDAQ Capital Market of Parent’s intent to list on the NASDAQ Capital Market the additional shares of Preferred Parent Common Stock and all Interests held by to be issued in the Limited Partners (other than the Interests held by Clearday)Merger Consideration.

Appears in 1 contract

Samples: Merger Agreement (Analytical Surveys Inc)

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