Shares Authorized Sample Clauses

Shares Authorized. (a) Subject to adjustment as provided below, the aggregate number of Shares that may be issued pursuant to Options granted under this Plan is 82,500. Such Shares may be authorized, but unissued Shares, or may be Shares reacquired by the Company and held in treasury. If any Option granted under this Plan terminates without being exercised in full, the number of Shares as to which such Option was not exercised shall be available for future grants within the limits set forth in this Section 6(a). (b) Subject to any required action by the shareholders of the Company in the event of any reorganization, recapitalization, share split, share dividend, combination of shares, issuance of rights or any other change in the capital or corporate structure of the Company, the number of Shares covered by each outstanding Option and the number of Shares available for issuance under this Plan, but as to which Options have not been granted or which have been returned to the Plan upon cancellation or expiration of an Option, as well as the exercise price per Share under outstanding Options, shall be adjusted equitably to reflect the occurrence of such event; provided, however, that no adjustments shall be made except as shall be necessary to preserve, rather than enlarge or reduce the value of awards under this Plan. Any such adjustment shall be made by the Board.
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Shares Authorized. The shares of First Union Common Stock to be ----------------- issued in exchange for shares of Company Common Stock upon consummation of the Merger in accordance with Article II of this Plan, have been duly authorized ---------- and, when issued in accordance with the terms of this Plan, and in the case of shares issued upon the exercise of such Options, the related stock option plan, will be validly issued, fully paid and nonassessable and subject to no preemptive rights.
Sample 1Sample 2
Shares Authorized. PURCHASER represents that it is authorized to issue no more than 200,000,000 of common stock.
Sample 1
Shares Authorized. The Shares will have been duly authorized by all necessary corporate action of the Company.
Sample 1
Shares Authorized. Options granted.................. 1,202 -- (428) -- 848 428 $0.06-15.25 -- 7.63-12.00 $ 4.50 -- 9.34
Sample 1
Shares Authorized. Ordinary Shares: 157,070,000 @ £0.01 each Issued and Outstanding: 157,055,556 Owner and % Interest: Compass Minerals (Europe) Limited - 100% 157,055, 556 ordinary shares (GBP) Ordinary Shares: 55,556 @ USD$0.01 each Issued and Outstanding: 55,556 Owner and % Interest: Compass Minerals (Europe) Limited - 100% 55,556 ordinary shares (USD)
Sample 1
Shares Authorized. The total number of shares of all classes of stock which the Corporation shall have the authority to issue is Two Hundred Million (200,000,000) shares consisting of One Hundred Ninety- Five Million (195,000,000) shares of Common Stock, par value $0.001 per share (the "Common Stock"), and Five Million (5,000,000) shares of Preferred Stock, par value $0.001 per share (the "Preferred Stock").""
Sample 1
Shares Authorized. Subject to adjustment as described below in Sections 4(b) and 4(e) below, the aggregate number of Common Shares that may be issued or transferred under the Plan shall be [•]1 Common Shares, plus [•]2 Common Shares subject to outstanding grants under the Prior Plan as of the Effective Date. The aggregate number of Common Shares that may be issued or transferred under the Plan pursuant to Incentive Stock Options shall not exceed [•]3 Common Shares. Commencing with the first business day of each calendar year beginning in 2024, the aggregate number of Common Shares that may be issued or transferred under the Plan shall be increased by a number equal to the lesser of (x) [•]4 million Common Shares, or (y) such lesser number of Common Shares as may be determined by the Committee. 1 Note to Draft: Number to be inserted in connection with the closing of the transactions contemplated by the Business Combination Agreement equal to 6.7% of the fully diluted capitalization of the Company immediately after giving effect to the transactions contemplated by the Business Combination Agreement.
Sample 1