Shares of. Common Stock may be issued from time to time as the Board of Directors of the Corporation shall determine and on such terms and for such consideration as shall be fixed by the Board of Directors.
Shares of. Common Stock acquired by exercise of the Warrant granted hereby may not be transferred or sold unless the transfer is exempt from further regulatory approval or otherwise permissible under applicable law, including state and federal securities laws, and will bear a legend to this effect.
Shares of a Fund may be subject to a sales load and may be subject to the imposition of a distribution fee pursuant to the Distribution and Shareholder Service Plan referred to above. To the extent that Shares of a Fund are sold at an offering price which includes a sales load or at net asset value subject to a contingent deferred sales load with respect to certain redemptions (either within a single class of Shares or pursuant to two or more classes of Shares), such Shares shall hereinafter be referred to collectively as "Load Shares" (in the case of Shares that are sold with a front-end sales load or Shares that are sold subject to a contingent deferred sales load), "Front-End Load Shares" or "CDSL Shares" and individually as a "Load Share," a "Front-End Load Share" or a "CDSL Share." A Fund that contains Front-End Load Shares shall hereinafter be referred to collectively as "Load Funds" or "Front-End Load Funds" and individually as a "Load Fund" or a "Front-end Load Fund." A Fund that contains CDSL Shares shall hereinafter be referred to collectively as "Load Funds" or "CDSL Funds" and individually as a "Load Fund" or a "CDSL Fund." Under this Agreement, the following provisions shall apply with respect to the sale of, and payment for, Load Shares.
Shares of. Common Stock issued upon the exercise of any portion of the Option granted under this Agreement shall be subject to the following terms and conditions:
Shares of. Common Stock subject to a Unit that has vested may be withheld by the Company if required to satisfy applicable tax withholding obligations of the Company. In such case, shares of Common Stock net of such withholding will be distributed to you, unless you pay the tax withholding in cash. If the Company does not have a tax withholding obligation, then no shares of Common Stock will be withheld, and instead the Company will issue to you a Form 1099-MISC or other applicable tax report for the year in which the shares of Common Stock are delivered to you.
Shares of. Common Stock held in custody for the Participant pursuant to this Agreement may not, before restrictions lapse, be sold, transferred, pledged, exchanged, hypothecated or disposed of by the Participant and shall not be subject to execution, attachment or similar process.
Shares of. Common Stock issuable by way of dividend or other distribution on any stock of the Company shall be deemed to have been issued immediately after the opening of business on the day following the record date for the determination of stockholders entitled to receive such dividend or other distribution and shall be deemed to have been issued without consideration.
Shares of. Common Stock issued upon the exercise of any portion of the Option granted under this Agreement shall be transferable only pursuant to an effective registration or exemption from registration under the Securities Act of 1933, as amended. Stock certificates representing shares of Common Stock shall bear a legend in substantially the following form: The shares of the Corporation's common stock represented by this certificate have not been registered under the Securities Act of 1933, as amended, and may not be transferred except pursuant to an effective registration, or exemption from registration, under said Act.
Shares of. Common Stock reserved for issuance pursuant to exercise of current or future outstanding options under the Company's 1995 Stock Option Plan and 1994 Stock Option Plan (collectively, the "Plans") issued to employees or consultants to the Company: 9,594,975;
Shares of. Common Stock in the Company at the Exercise Price stated in clause 2.5 of the Agreement dated [...] day of..............
