Common use of Share Capital of the Company Clause in Contracts

Share Capital of the Company. i) The authorized share capital of the Company prior to investment by the Investor is Rs comprising ………. equity shares of Rs. ……. each. The issued, subscribed and paid up capital of the company is Rs. …….. comprising ……. shares of Rs. …… each held by the Shareholders as indicated in Schedule-III. ii) The issued, subscribed and paid up capital of the Company after the investment by the Investors will be as per Schedule-IV attached hereto. iii) During the term of this Agreement, any increase in capital or change in capital structure of the Company shall be made only with prior written approval of the Investors. iv) During the term of this Agreement, if the Company desires to implement an Employees Stock Option Plan (ESOP) for its executives and / or employees, such ESOP scheme shall be worked out and finalized by the Company in consultation with and to the satisfaction of the Investors.

Appears in 3 contracts

Samples: Investment Agreement, Investment Agreement, Investment Agreement

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