Shares Offered. The Company proposes to issue and sell to the Underwriters an aggregate of 2,125,000 shares of its authorized and unissued common stock, $.01 par value per share (the "Common Stock"), and the Selling Stockholder proposes to sell to the Underwriters an aggregate of 375,000 issued outstanding shares of Common Stock (collectively, the "Firm Shares"). The Company also proposes to grant to the Underwriters an Option (hereinafter defined) to purchase up to an additional aggregate of 375,000 shares (the "Option Shares") of its authorized and unissued Common Stock on the terms and for the purposes set forth in Section 4(b) hereof. The Firm Shares and the Option Shares are hereinafter sometimes together called the "Shares."
Shares Offered. Shares of the Fund.
Shares Offered. The Company proposes to issue and sell to the Underwriters an aggregate of 1,250,000 shares of its authorized and unissued common shares, without par value (the "Common Stock"). The above-referenced shares of Common Stock to be sold by the Company are hereinafter called the "Firm Shares." The Company and the Selling Stockholders also propose to 2 grant to the Underwriters an Option (as hereinafter defined) to purchase from the Company up to an additional aggregate of 187,500 shares (the "Option Shares") of Common Stock on the terms and for the purposes set forth in Section 5(b) hereof. The Firm Shares and the Option Shares are hereinafter sometimes together called the "Shares."
Shares Offered. The Company proposes to sell to the several Underwriters as set forth on Schedule A an aggregate of 1,200,000 shares of Common Stock from the Company's treasury. Such 1,200,000 shares of Common Stock proposed to be sold by the Company are hereinafter referred to as the "Firm Shares." In addition, the Company proposes to grant to the Underwriters an Option (as hereinafter defined) to purchase up to an additional 180,000 shares of ------------------------ 1 Includes an option to purchase from the Company up to 180,000 additional shares of Common Stock, solely to cover over-allotments. Common Stock from the Company's treasury (the "Option Shares") on the terms and for the purposes set forth in Section 4(b) hereof. The Firm Shares and the Option Shares are hereinafter sometimes together called the "Shares." The Shares are more fully described in the Registration Statement and Prospectus (as hereinafter defined) and also include the associated rights under the FirstMerit Shareholder Rights Agreement.
Shares Offered. Shares of the Tax-Exempt and Taxable Funds.
Shares Offered. The Selling Shareholders as set forth on Schedule A propose to sell to the several Underwriters as set forth on Schedule B an aggregate of 875,000 authorized and issued Common Shares. Such 875,000 Common Shares proposed to be sold by the Selling Shareholders are hereinafter referred to as the "Firm Shares." The amount of Common Shares proposed to be sold
(1) Includes an option to purchase from the Selling Shareholders up to 131,250 additional Common Shares, solely to cover over-allotments. 2 by each Selling Shareholder is reflected in Schedule A hereto. In addition, the Selling Shareholders propose to grant to the Underwriters an Option (as hereinafter defined) to purchase up to an additional 131,250 issued outstanding Common Shares (the "Option Shares") on the terms and for the purposes set forth in Section 5(b) hereof. The Firm Shares and the Option Shares are hereinafter sometimes together called the "Shares," and the Shares are more fully described in the Registration Statement and Prospectus (as hereinafter defined).
Shares Offered. The Company is offering up to a maximum of 2.25 million shares of Common Stock at a Subscription Price of $1.08 per share of Common Stock for aggregate proceeds up to $2,430,000.
Shares Offered. The Parties acknowledge and agree that the Fund will offer, sell and issue its Units, pursuant to the Fund’s then current Confidential Private Placement Memorandum as amended or supplemented from time to time (the “Offering Memorandum”) in an offering exempt from registration under the Securities Act pursuant to Section 4(2) thereof and Regulation D promulgated thereunder.
Shares Offered. In this offering, the Company intends to sell up to 4,250,000 shares of Common Stock at a price of $0.20 per share. The Company may not be able to, or may not choose to, sell all of the shares offered in this offering at stipulated price per share, and may, at its sole discretion, elect to sell large blocks of shares at less than the offering price per share specified in this Subscription Agreement. Additional filings will be done with the Secretary of the State of Washington as the Company nears, and expects to exceed, $500,000 of investment.
Shares Offered. The Company proposes to issue and sell to the several Underwriters an aggregate of 1,500,000 of its authorized and unissued common shares, no par value per share (the "Common Shares"). Certain shareholders of the Company named in Schedule B hereto (the "Selling Shareholders"), acting severally and not jointly, propose to sell to the several Underwriters an aggregate of 750,000 Common Shares. The 2,250,000 Common Shares to be sold by the Company and the Selling Shareholders are herein referred to as the "Firm Shares." The Company and the Selling Shareholders, acting severally and not jointly, also propose to grant to the Underwriters the Option (as hereinafter defined) to purchase up to an additional aggregate of 337,500 of the Common Shares (the "Option Shares") on the terms and for the purposes set forth in Section 4(b) hereof. The Firm Shares and the Option Shares are hereinafter sometimes together called the "Shares."
