Common use of Reserved Shares Clause in Contracts

Reserved Shares. The Corporation has duly reserved for issuance a number of authorized but unissued shares adequate to fulfill its obligations under this Agreement. During the term of this Agreement the Corporation shall take such action as may be necessary to maintain at all times an adequate number of shares reserved for issuance or treasury shares to fulfill its obligations hereunder.

Appears in 7 contracts

Sources: Non Qualified Stock Option Agreement (Littelfuse Inc /De), Stock Option Agreement (Littelfuse Inc /De), Non Qualified Stock Option Agreement (Littelfuse Inc /De)

Reserved Shares. The Corporation Company has duly reserved for issuance a number of authorized but unissued shares adequate to fulfill its obligations under this Agreement. During the term of this Agreement Agreement, the Corporation Company shall take such action as may be necessary to maintain at all times an adequate number of shares reserved for issuance or treasury shares to fulfill its obligations hereunder.

Appears in 6 contracts

Sources: Executive Employment Agreement (Poore Brothers Inc), Executive Employment Agreement (Poore Brothers Inc), Executive Employment Agreement (Inventure Group, Inc.)

Reserved Shares. The Corporation Company has duly reserved for issuance a number of authorized but unissued shares adequate to fulfill its obligations under this Agreementagreement. During the term of this Agreement agreement the Corporation Company shall take such action as may be necessary to maintain at all times an adequate number of shares reserved for issuance or treasury shares to fulfill its obligations hereunder.at

Appears in 1 contract

Sources: Nonqualified Stock Option Agreement (Uranium Resources Inc /De/)

Reserved Shares. The Corporation Company has duly reserved for issuance a number of authorized but unissued shares adequate to fulfill its obligations under this Agreement. During the term of this Agreement Agreement, the Corporation Company shall take such action actions as may be necessary to maintain at all times an adequate number of shares reserved for issuance or treasury shares to fulfill its obligations hereunder.

Appears in 1 contract

Sources: Nonstatutory Stock Option Agreement (Poore Brothers Inc)

Reserved Shares. The Corporation Company has duly reserved for issuance a number of authorized but unissued shares Shares adequate to fulfill its obligations under this Agreement. During the term of this Agreement the Corporation Company shall take such action as may be necessary to maintain at all times an and adequate number of shares Shares reserved for issuance or treasury shares to fulfill its obligations hereunder.

Appears in 1 contract

Sources: Stock Option Agreement (Multicell Technologies Inc.)

Reserved Shares. The Corporation Company has duly reserved for issuance a number of authorized but unissued shares adequate to fulfill its obligations under this Agreementagreement. During the term of this Agreement agreement, the Corporation Company shall take such action as may be necessary to maintain at all times an adequate number of shares reserved for issuance or treasury shares to fulfill its obligations hereunder.

Appears in 1 contract

Sources: Stock Option Agreement (Poore Brothers Inc)