Reserved Common Stock. The Company will at all times when any shares of Series A Preferred Stock are outstanding, reserve and keep available out of its authorized but unissued stock, such number of shares of Common Stock as shall from time to time be sufficient to effect the conversion of all outstanding shares of Series A Preferred Stock.
Appears in 3 contracts
Samples: Merger Agreement (General Devices Inc), Securities Purchase Agreement (General Devices Inc), Stock Purchase Agreement (General Devices Inc)
Reserved Common Stock. The Company will at all times when any shares of Series A B Preferred Stock are outstanding, reserve and keep available out of its authorized but unissued stock, such number of shares of Common Stock as shall from time to time be sufficient to effect the conversion of all outstanding shares of Series A B Preferred Stock.
Appears in 2 contracts
Samples: Merger Agreement (General Devices Inc), Securities Purchase Agreement (General Devices Inc)
