Common use of Reservation of Sufficient Shares Clause in Contracts

Reservation of Sufficient Shares. The Company will reserve and keep available out of its authorized but unissued shares of common stock a number of such shares as will be sufficient to enable the Company to issue and distribute any Performance Shares that become issuable and distributable under this Agreement.

Appears in 3 contracts

Samples: Performance Stock Unit Agreement (Tessco Technologies Inc), Tessco Technologies Incorporated (Tessco Technologies Inc), Tessco Technologies Incorporated (Tessco Technologies Inc)

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Reservation of Sufficient Shares. The Company will reserve and keep available out of its authorized but unissued shares of common stock Common Stock a number of such shares as will be sufficient to enable the Company to issue and distribute any Performance Shares that become issuable and distributable under this RSU Agreement.

Appears in 1 contract

Samples: Tessco Technologies Incorporated (Tessco Technologies Inc)

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Reservation of Sufficient Shares. The Company will reserve and keep available out of its authorized but unissued shares of common stock stock, or treasury stock, a number of such shares as will be sufficient to enable the Company to issue and distribute any Performance Shares that become issuable and distributable under this Agreement.

Appears in 1 contract

Samples: Tessco Technologies Incorporated (Tessco Technologies Inc)

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