Common use of Reservation of the Shares Clause in Contracts

Reservation of the Shares. The Company agrees to reserve at all times during the term of the Option a sufficient number of shares of Common Stock for the exercise of the Option.

Appears in 2 contracts

Samples: Option Agreement (Dgse Companies Inc), Option Agreement (Dgse Companies Inc)

AutoNDA by SimpleDocs

Reservation of the Shares. The Company agrees to reserve shall at all times during reserve and keep available the term of the Option a sufficient number full numbers of shares of Common Stock for the deliverable on exercise of the OptionOption from time to time outstanding, including any adjustment or change in the Option provided by Section 7.

Appears in 2 contracts

Samples: Stock Option Agreement (Ads Media Group Inc), Stock Option Agreement (Ads Media Group Inc)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!