Status of Shares to be Issued. All issued Shares of capital stock of GKIS are, and upon issuance to KIMMONS in accordance with the terms of this agreement, the Shares will also be duly authorized, validly issued and fully-paid and non-assessable. The Shares to be issued by GKIS hereunder are, and will be when issued, free and clear of all encumbrances, except as set out in this agreement.
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Samples: Debt Resolution Agreement (Gk Intelligent Systems Inc), Interim Compensation Agreement (Gk Intelligent Systems Inc)
Status of Shares to be Issued. All issued Shares of capital stock of GKIS are, and upon issuance to KIMMONS MEADOR in accordance with the terms of this agreement, the Shares will also be be, duly authorized, validly issued and fully-paid and non-assessable. The Shares to be issued by GKIS hereunder are, and will be when issued, free and clear of all encumbrances, except as set out in this agreement.
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Status of Shares to be Issued. All issued Shares of capital stock of GKIS are, and upon issuance to KIMMONS ETHRIDGE, in accordance with witx the terms of this agreement, ; the Shares will also be be, duly authorized, validly issued and fully-paid and non-assessable. The Shares to be issued by GKIS hereunder are, and will be when issued, free and clear of all encumbrances, except as set out in this agreement.
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