Common use of Shares of Stock Clause in Contracts

Shares of Stock. Stock delivered under this Agreement may be either authorized but unissued or previously issued stock acquired by the Company and held in the Treasury. No fractional shares of stock will be delivered under this Agreement.

Shares of Stock. Stock delivered under this Agreement may be either authorized but unissued un-issued or previously issued stock acquired by the Company and held in the Treasury. No fractional shares of stock will be delivered under this Agreement.