SHARES OF LITRONIC COMMON STOCK. The shares of Litronic Common Stock to be issued pursuant to the Merger will, when issued and delivered pursuant to the Merger, and the shares of Litronic Common Stock to be issued pursuant to the Assumed Options will, when issued and delivered to the holders thereof on payment of the consideration provided for therein, be validly issued, fully paid and non-assessable.
Appears in 4 contracts
Samples: Agreement and Plan of Reorganization (SSP Solutions Inc), Agreement and Plan of Reorganization (SSP Solutions Inc), Agreement and Plan of Reorganization (Shah Kris & Geraldine Family Trust)
