Common use of Stock Certificates; Partly Paid Shares Clause in Contracts

Stock Certificates; Partly Paid Shares. The shares of the Company shall be represented by certificates, provided that the Board may provide by resolution or resolutions that some or all of any or all classes or series of its stock shall be uncertificated shares. Any such resolution shall not apply to shares represented by a certificate until such certificate is surrendered to the Company. Every holder of stock represented by certificates shall be entitled to have a certificate signed by, or in the name of the Company by the Chairperson of the Board or Vice-Chairperson of the Board, or the President or a Vice-President, and by the Treasurer or an Assistant Treasurer, or the Secretary or an Assistant Secretary of the Company representing the number of shares registered in certificate form. Any or all of the signatures on the certificate may be a facsimile. In case any officer, transfer agent or registrar who has signed or whose facsimile signature has been placed upon a certificate has ceased to be such officer, transfer agent or registrar before such certificate is issued, it may be issued by the Company with the same effect as if such person were such officer, transfer agent or registrar at the date of issue. The Company shall not have power to issue a certificate in bearer form. The Company may issue the whole or any part of its shares as partly paid and subject to call for the remainder of the consideration to be paid therefor. Upon the face or back of each stock certificate issued to represent any such partly paid shares, or upon the books and records of the Company in the case of uncertificated partly paid shares, the total amount of the consideration to be paid therefor and the amount paid thereon shall be stated. Upon the declaration of any dividend on fully paid shares, the Company shall declare a dividend upon partly paid shares of the same class, but only upon the basis of the percentage of the consideration actually paid thereon.

Appears in 5 contracts

Samples: Agreement and Plan of Merger (IMARA Inc.), Agreement and Plan of Merger (Ii-Vi Inc), Agreement and Plan of Merger (Coherent Inc)

AutoNDA by SimpleDocs

Stock Certificates; Partly Paid Shares. The shares of the Company Corporation shall be represented by certificates, provided that the Board of Directors may provide by resolution or resolutions that some or all of any or all classes or series of its stock shall be uncertificated shares. Any such resolution shall not apply to shares represented by a certificate until such certificate is surrendered to the CompanyCorporation. Every holder of stock represented by certificates shall be entitled to have a certificate signed by, or in the name of the Company Corporation by the Chairperson chairperson of the Board of Directors or Vicevice-Chairperson chairperson of the BoardBoard of Directors, or the President president or a Vicevice-Presidentpresident, and by the Treasurer treasurer or an Assistant Treasurerassistant treasurer, or the Secretary secretary or an Assistant Secretary assistant secretary of the Company Corporation representing the number of shares registered in certificate form. Any or all of the signatures on the certificate may be a facsimile. In case any officer, transfer agent or registrar who has signed or whose facsimile signature has been placed upon a certificate has ceased to be such officer, transfer agent or registrar before such certificate is issued, it may be issued by the Company Corporation with the same effect as if such person were such officer, transfer agent or registrar at the date of issue. The Company Corporation shall not have power to issue a certificate in bearer form. The Company Corporation may issue the whole or any part of its shares as partly paid and subject to call for the remainder of the consideration to be paid therefor. Upon the face or back of each stock certificate issued to represent any such partly partly-paid shares, or upon the books and records of the Company Corporation in the case of uncertificated partly partly-paid shares, the total amount of the consideration to be paid therefor and the amount paid thereon shall be stated. Upon the declaration of any dividend on fully fully-paid shares, the Company Corporation shall declare a dividend upon partly partly-paid shares of the same class, but only upon the basis of the percentage of the consideration actually paid thereon.

Appears in 2 contracts

Samples: Support Agreement (ConversionPoint Holdings, Inc.), Support Agreement (ConversionPoint Holdings, Inc.)

Stock Certificates; Partly Paid Shares. The shares of the Company a corporation shall be represented by certificates, provided that the Board of Directors of the corporation may provide by resolution or resolutions that some or all of any or all classes or series of its stock shall be uncertificated shares. Any such resolution shall not apply to shares represented by a certificate until such certificate is surrendered to the Companycorporation. Every Notwithstanding the adoption of such a resolution by the Board of Directors, every holder of stock represented by certificates and upon request every holder of uncertificated shares shall be entitled to have a certificate signed by, or in the name of the Company corporation by the Chairperson chairman or vice-chairman of the Board or Vice-Chairperson of the BoardDirectors, or the President president or a Vicevice-Presidentpresident, and by the Treasurer chief financial officer or an Assistant Treasurerassistant treasurer, or the Secretary secretary or an Assistant Secretary assistant secretary of the Company such corporation representing the number of shares registered in certificate form. Any or all of the signatures on the certificate may be a facsimile. In case any officer, transfer agent or registrar who has signed or whose facsimile signature has been placed upon a certificate has ceased to be such officer, transfer agent or registrar before such certificate is issued, it may be issued by the Company corporation with the same effect as if such person he or she were such officer, transfer agent or registrar at the date of issue. The Company shall not have power to issue a certificate in bearer form. The Company corporation may issue the whole or any part of its shares as partly paid and subject to call for the remainder of the consideration to be paid therefor. Upon the face or back of each stock certificate issued to represent any such partly paid shares, or upon the books and records of the Company corporation in the case of uncertificated partly paid shares, the total amount of the consideration to be paid therefor and the amount paid thereon shall be stated. Upon the declaration of any dividend on fully paid shares, the Company corporation shall declare a dividend upon partly paid shares of the same class, but only upon the basis of the percentage of the consideration actually paid thereon.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Chemdex Corp)

Stock Certificates; Partly Paid Shares. The shares of the Company corporation shall be represented by certificates, provided that the Board may provide by resolution or resolutions that some or all of any or all classes or series of its stock shall be uncertificated shares. Any such resolution shall not apply to shares represented by a certificate until such certificate is surrendered to the Companycorporation. Every Notwithstanding the adoption of such a resolution by the Board, every holder of stock represented by certificates and upon request every holder of uncertificated shares shall be entitled to have a certificate signed by, or in the name of the Company corporation by the Chairperson of the Board chairperson or Vicevice-Chairperson chairperson of the Board, or the President president or a Vicevice-Presidentpresident, and by the Treasurer treasurer or an Assistant Treasurerassistant treasurer, or the Secretary secretary or an Assistant Secretary assistant secretary of the Company such corporation representing the number of shares registered in certificate form. Any or all of the signatures on the certificate may be a facsimile. In case any officer, transfer agent or registrar who has signed or whose facsimile signature has been placed upon a certificate has ceased to be such officer, transfer agent or registrar before such certificate is issued, it may be issued by the Company corporation with the same effect as if such person he were such officer, transfer agent or registrar at the date of issue. The Company shall not have power to issue a certificate in bearer form. The Company corporation may issue the whole or any part of its shares as partly paid and subject to call for the remainder of the consideration to be paid therefor. Upon the face or back of each stock certificate issued to represent any such partly paid shares, or upon the books and records of the Company corporation in the case of uncertificated partly paid shares, the total amount of the consideration to be paid therefor and the amount paid thereon shall be stated. Upon the declaration of any dividend on fully paid shares, the Company corporation shall declare a dividend upon partly paid shares of the same class, but only upon the basis of the percentage of the consideration actually paid thereon.

Appears in 1 contract

Samples: Loan and Security Agreement (Cytokinetics Inc)

Stock Certificates; Partly Paid Shares. The shares of the Company corporation shall be represented by certificates, provided that the Board of Directors of the corporation may provide by resolution or resolutions that some or all of any or all classes or series of its stock shall be uncertificated shares. Any such resolution shall not apply to shares represented by a certificate until such certificate is surrendered to the Companycorporation. Every Notwithstanding the adoption of such a resolution by the Board of Directors, every holder of stock represented by certificates and upon request every holder of uncertificated shares shall be entitled to have a certificate signed by, or in the name of the Company corporation by the Chairperson chairman or vice-chairman of the Board or Vice-Chairperson of the BoardDirectors, or the President president or a Vicevice-Presidentpresident, and by the Treasurer treasurer or an Assistant Treasurerassistant treasurer, or the Secretary secretary or an Assistant Secretary assistant secretary of the Company corporation representing the number of shares registered in certificate form. Any or all of the signatures on the certificate may be a facsimile. In case any officer, transfer agent or registrar who has signed or whose facsimile signature has been placed upon a certificate has ceased to be such officer, transfer agent or registrar before such certificate is issued, it may be issued by the Company corporation with the same effect as if such person he or she were such officer, transfer agent or registrar at the date of issue. The Company shall not have power to issue a certificate in bearer form. The Company corporation may issue the whole or any part of its shares as partly paid and subject to call for the remainder of the consideration to be paid therefor. Upon the face or back of each stock certificate issued to represent any such partly paid shares, or upon the books and records of the Company corporation in the case of uncertificated partly paid shares, the total amount of the consideration to be paid therefor and the amount paid thereon shall be stated. Upon the declaration of any dividend on fully paid shares, the Company corporation shall declare a dividend upon partly paid shares of the same class, but only upon the basis of the percentage of the consideration actually paid thereon.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Alliance MMA, Inc.)

Stock Certificates; Partly Paid Shares. The shares of the Company a corporation shall be represented by certificates, provided that the Board may provide by resolution or resolutions that some or all of any or all classes or series of its stock shall be uncertificated shares. Any such resolution shall not apply to shares represented by a certificate until such certificate is surrendered to the Companycorporation. Every Notwithstanding the adoption of such a resolution by the Board, every holder of stock represented by certificates and upon request every holder of uncertificated shares shall be entitled to have a certificate signed by, or in the name of the Company corporation by the Chairperson of the Board or Vice-Chairperson Chairman of the Board, or the President or a Vice-President, and by the Treasurer or an Assistant Treasurer, or the Secretary or an Assistant Secretary of the Company corporation representing the number of shares registered in certificate form. Any or all of the signatures on the certificate may be a facsimile. In case any officer, transfer agent or registrar who has signed or whose facsimile signature has been placed upon a certificate has ceased to be such officer, transfer agent or registrar before such certificate is issued, it may be issued by the Company corporation with the same effect as if such person he were such officer, transfer agent or registrar at the date of issue. The Company shall not have power to issue a certificate in bearer form. The Company corporation may issue the whole or any part of its shares as partly paid and subject to call for the remainder of the consideration to be paid therefor. Upon the face or back of each stock certificate issued to represent any such partly paid shares, or upon the books and records of the Company corporation in the case of uncertificated partly paid shares, the total amount of the consideration to be paid therefor and the amount paid thereon shall be stated. Upon the declaration of any dividend C:\WINDOWS\temp\EXHIBIT F AUTC BYLAWS.DOC -24- 1031203/15012.1 on fully paid shares, the Company corporation shall declare a dividend upon partly paid shares of the same class, but only upon the basis of the percentage of the consideration actually paid thereon.

Appears in 1 contract

Samples: Voting Agreement (Autotradecenter Com Inc)

Stock Certificates; Partly Paid Shares. The shares of the Company Corporation shall be represented by certificates, provided that the Board of the Corporation may provide by resolution or resolutions that some or all of any or all classes or series of its stock shall be uncertificated shares. Any such resolution shall not apply to shares represented by a certificate until such certificate is surrendered to the CompanyCorporation. Every Notwithstanding the adoption of such a resolution by the Board, every holder of stock represented by certificates and upon request every holder of uncertificated shares shall be entitled to have a certificate signed by, or in the name of the Company Corporation by the Chairperson of the Board chairman or Vicevice-Chairperson chairman of the Board, or the President president or a Vice-Presidentvice president, and by the Treasurer treasurer or an Assistant Treasurerassistant treasurer, or the Secretary secretary or an Assistant Secretary assistant secretary of the Company such Corporation representing the number of shares registered in certificate form. Any or all of the signatures on the certificate may be a facsimile. In case any officer, transfer agent or registrar who has signed or whose facsimile signature has been placed upon a certificate has ceased to be such officer, transfer agent or registrar before such certificate is issued, it may be issued by the Company Corporation with the same effect as if such person he were such officer, transfer agent or registrar at the date of issue. The Company Corporation shall not have power to issue a certificate in bearer form. The Company Corporation may issue the whole or any part of its shares as partly paid and subject to call for the remainder of the consideration to be paid therefor. Upon the face or back of each stock certificate issued to represent any such partly paid shares, or and upon the books and records of the Company Corporation in the case of uncertificated partly paid shares, the total amount of the consideration to be paid therefor and the amount paid thereon shall be stated. Upon the declaration of any dividend on fully paid shares, the Company Corporation shall declare a dividend upon partly paid shares of the same class, but only upon the basis of the percentage of the consideration actually paid thereon.

Appears in 1 contract

Samples: Operating Agreement (EG Acquisition Corp.)

Stock Certificates; Partly Paid Shares. No shares of the Corporation shall be issued unless authorized by the Board of Directors, which authorization shall include the maximum number of shares to be issued and the consideration to be received for each share. The shares of the Company a Corporation shall be represented by certificates, provided which shall include on their face or back written notice of any restrictions that may be imposed on the transferability of such shares and shall be consecutively numbered or otherwise identified. Notwithstanding the foregoing, the Board of Directors of the Corporation may provide by resolution or resolutions that some or all of any or all classes or series of its stock shall be uncertificated shares. Any such resolution shall not apply to shares represented by a certificate until such certificate is surrendered to the CompanyCorporation. Every Notwithstanding the adoption of such a resolution by the Board of Directors, every holder of stock represented by certificates and upon request every holder of uncertificated shares shall be entitled to have a certificate signed by, or in the name of the Company Corporation by the Chairperson chairperson or vice-chairperson of the Board or Vice-Chairperson of the BoardDirectors, or the President president or a Vicevice-Presidentpresident, and by the Treasurer treasurer or an Assistant Treasurerassistant treasurer, or the Secretary secretary or an Assistant Secretary assistant secretary of the Company Corporation representing the number of shares registered in certificate form. The Board of Directors may in its discretion appoint responsible banks or trust companies from time to time to act as transfer agents and registrars of the stock of the Corporation; and, when such appointments shall have been made, no stock certificate thereafter issued shall be valid until countersigned by one of such transfer agents and registered by one of such registrars. Any or all of the signatures on the certificate may be a facsimile. In case any officer, transfer agent or registrar who has signed or whose facsimile signature has been placed upon a certificate has ceased to be such officer, transfer agent or registrar before such certificate is issued, it may be issued by the Company Corporation with the same effect as if such person were such officer, transfer agent or registrar at the date of issue. The Company shall not have power to issue a certificate in bearer form. The Company Corporation may issue the whole or any part of its shares as partly paid and subject to call for the remainder of the consideration to be paid therefor. Upon the face or back of each stock certificate issued to represent any such partly paid shares, shares (or upon the books and records of the Company Corporation in the case of uncertificated partly paid shares), the total amount of the consideration to be paid therefor and the amount paid thereon shall be stated. Upon the declaration of any dividend on fully paid shares, the Company Corporation shall declare a dividend upon partly paid shares of the same class, but only upon the basis of the percentage of the consideration actually paid thereon.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Xedar Corp)

Stock Certificates; Partly Paid Shares. The shares of the Company Corporation shall be represented by certificates, provided that the Board may provide by resolution or resolutions that some or all of any or all classes or series of its stock shall be uncertificated shares. Any such resolution shall not apply to shares represented by a certificate until such certificate is surrendered to the CompanyCorporation. Every holder of stock represented by certificates shall be entitled to have a certificate signed by, or in the name of the Company Corporation by the Chairperson of the Board or Vice-Chairperson of the Board, or the President or a Vice-President, and by the Treasurer or an Assistant Treasurer, or the Secretary or an Assistant Secretary of the Company Corporation representing the number of shares registered in certificate form. Any or all of the signatures on the certificate may be a facsimile. In case any officer, transfer agent or registrar who has signed or whose facsimile signature has been placed upon a certificate has ceased to be such officer, transfer agent or registrar before such certificate is issued, it may be issued by the Company Corporation with the same effect as if such person were such officer, transfer agent or registrar at the date of issue. The Company Corporation shall not have power to issue a certificate in bearer form. The Company Corporation may issue the whole or any part of its shares as partly paid and subject to call for the remainder of the consideration to be paid therefor. Upon the face or back of each stock certificate issued to represent any such partly paid shares, or upon the books and records of the Company Corporation in the case of uncertificated partly paid shares, the total amount of the consideration to be paid therefor and the amount paid thereon shall be stated. Upon the declaration of any dividend on fully paid shares, the Company Corporation shall declare a dividend upon partly paid shares of the same class, but only upon the basis of the percentage of the consideration actually paid thereon.

Appears in 1 contract

Samples: Note Subscription Agreement

Stock Certificates; Partly Paid Shares. The shares of the Company a corporation shall be represented by certificates, provided that the Board board of directors of the corporation may provide by resolution or resolutions that some or all of any or all classes or series of its stock shall be uncertificated shares. Any such resolution shall not apply to shares represented by a certificate until such certificate is surrendered to the Companycorporation. Every Notwithstanding the adoption of such a resolution by the board of directors, every holder of stock represented by certificates and upon request every holder of uncertificated shares shall be entitled to have a certificate signed by, or in the name of the Company corporation by the Chairperson chairman or vice-chairman of the Board or Vice-Chairperson board of the Boarddirectors, or the President chief executive officer or a Vicethe president or vice-Presidentpresident, and by the Treasurer chief financial officer or an Assistant Treasurerassistant treasurer, or the Secretary secretary or an Assistant Secretary assistant secretary of the Company such corporation representing the number of shares registered in certificate form. Any or all of the signatures on the certificate certificate, may be a facsimile. In case any officer, transfer agent or registrar who has signed or whose facsimile signature has been placed upon a certificate has ceased to be such officer, transfer agent or registrar before such certificate is issued, it may be issued by the Company corporation with the same effect as if such person he were such officer, transfer agent or registrar at the date of issue. The Company shall not have power to issue a certificate in bearer form. The Company corporation may issue the whole or any part of its shares as partly paid and subject to call for the remainder of the consideration to be paid therefor. Upon the face or back of each stock certificate issued to represent any such partly paid shares, or upon the books and records of the Company corporation in the case of uncertificated partly paid shares, the total amount of the consideration to be paid therefor and the amount paid thereon shall be stated. Upon the declaration of any dividend on fully paid shares, the Company corporation shall declare a dividend upon partly paid shares of the same class, but only upon the basis of the percentage of the consideration actually paid thereon.

Appears in 1 contract

Samples: Credit Agreement (Inamed Corp)

AutoNDA by SimpleDocs

Stock Certificates; Partly Paid Shares. No shares of the corporation shall be issued unless authorized by the Board of Directors. The shares of the Company corporation shall be represented by certificates, provided that certificates unless the Board may provide of Directors provides by resolution or resolutions that some or all of any or all classes or series of its stock shall be uncertificated shares. Any such resolution shall not apply to shares represented by a certificate until such certificate is surrendered to the Companycorporation. Every holder of stock represented by certificates shall be entitled to have a certificate signed by, or in the name of the Company by corporation by, the Chairperson chairperson or vice-chairperson of the Board or Vice-Chairperson of the BoardDirectors, or the President president or a Viceany vice-Presidentpresident, and by the Treasurer treasurer or an Assistant Treasurerassistant treasurer, or the Secretary secretary or an Assistant Secretary assistant secretary, of the Company corporation representing the number of shares registered in certificate form. The Board of Directors may in its discretion appoint responsible banks or trust companies from time to time to act as transfer agents and registrars of the stock of the corporation, and, when such appointments shall have been made, no stock certificate thereafter issued shall be valid until countersigned by one of such transfer agents and registered by one of such registrars. Any or all of the signatures on the certificate may be a facsimile. In case any officer, transfer agent or registrar who has signed or whose facsimile signature has been placed upon a certificate has ceased to be such officer, transfer agent or registrar before such certificate is issued, it may be issued by the Company corporation with the same effect as if such person were such officer, transfer agent or registrar at the date of issue. The Company shall not have power to issue a certificate in bearer form. The Company may issue the whole or any part of its shares as partly paid and subject to call for the remainder of the consideration to be paid therefor. Upon the face or back of each stock certificate issued to represent any such partly paid shares, or upon the books and records of the Company in the case of uncertificated partly paid shares, the total amount of the consideration to be paid therefor and the amount paid thereon shall be stated. Upon the declaration of any dividend on fully paid shares, the Company shall declare a dividend upon partly paid shares of the same class, but only upon the basis of the percentage of the consideration actually paid thereon.

Appears in 1 contract

Samples: Agreement and Plan of Merger (M/a-Com Technology Solutions Holdings, Inc.)

Stock Certificates; Partly Paid Shares. The shares of the Company Corporation shall be represented by certificates, provided that the Board may provide by resolution certificates or resolutions that some or all of any or all classes or series of its stock shall be uncertificated sharesuncertificated. Any Certificates for the shares of stock, if any, shall be in such resolution shall not apply to shares represented by a form as is consistent with the certificate until such certificate is surrendered to the Companyof incorporation and applicable law. Every holder of stock represented by certificates a certificate shall be entitled to have a certificate signed by, or in the name of the Company Corporation by the Chairperson of the Board chairperson or Vice-Chairperson vice chairperson of the Board, or the President president or a Vice-Presidentvice president, and by the Treasurer treasurer or an Assistant Treasurerassistant treasurer, or the Secretary or an Assistant Secretary assistant secretary of the Company Corporation representing the number of shares registered in certificate form. Any or all of the signatures on the certificate may be a facsimile. In case any officer, transfer agent or registrar who has signed or whose facsimile signature has been placed upon a certificate has ceased to be such officer, transfer agent or registrar before such certificate is issued, it may be issued by the Company Corporation with the same effect as if such person he were such officer, transfer agent or registrar at the date of issue. The Company shall not have power to issue a certificate in bearer form. The Company Corporation may issue the whole or any part of its shares as partly paid and subject to call for the remainder of the consideration to be paid therefor. Upon the face or back of each stock certificate issued to represent any such partly paid shares, or upon the books and records of the Company Corporation in the case of uncertificated partly paid shares, the total amount of the consideration to be paid therefor and the amount paid thereon shall be stated. Upon the declaration of any dividend on fully paid shares, the Company Corporation shall declare a dividend upon partly paid shares of the same class, but only upon the basis of the percentage of the consideration actually paid thereon.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Park Place Energy Corp.)

Stock Certificates; Partly Paid Shares. The shares of the Company corporation shall be represented by certificates, provided that the Board may provide by resolution or resolutions that some or all of any or all classes or series of its stock shall be uncertificated shares. Any such resolution shall not apply to shares represented by a certificate until such certificate is surrendered to the Companycorporation. Every Notwithstanding the adoption of such a resolution by the Board, every holder of stock represented by certificates and upon request every holder of uncertificated shares shall be entitled to have a certificate signed by, or in the name of the Company corporation by the Chairperson of the Board chairperson or Vicevice-Chairperson chairperson of the Board, or the President president or a Vicevice-Presidentpresident, and by the Treasurer treasurer or an Assistant Treasurerassistant treasurer, or the Secretary secretary or an Assistant Secretary assistant secretary of the Company corporation representing the number of shares registered in certificate form. Any or all of the signatures on the certificate may be a facsimile. In case any officer, transfer agent or registrar who has signed or whose facsimile signature has been placed upon a certificate has ceased to be such officer, transfer agent or registrar before such certificate is issued, it may be issued by the Company corporation with the same effect as if such person he or she were such officer, transfer agent or registrar at the date of issue. The Company shall not have power to issue a certificate in bearer form. The Company corporation may issue the whole or any part of its shares as partly paid and subject to call for the remainder of the consideration to be paid therefor. Upon the face or back of each stock certificate issued to represent any such partly paid shares, or and upon the books and records of the Company corporation in the case of uncertificated partly paid shares, the total amount of the consideration to be paid therefor and the amount paid thereon shall be stated. Upon the declaration of any dividend on fully paid shares, the Company corporation shall declare a dividend upon partly paid shares of the same class, but only upon the basis of the percentage of the consideration actually paid thereon.

Appears in 1 contract

Samples: Securities Purchase Agreement (Boulder Specialty Brands, Inc.)

Stock Certificates; Partly Paid Shares. The shares of the Company Corporation shall be represented by certificates, provided that the Board of Directors may provide by resolution or resolutions that some or all of any or all classes or series of its stock shall be uncertificated shares. Any such resolution shall not apply to shares represented by a certificate until such certificate is surrendered to the CompanyCorporation. Every Notwithstanding the adoption of such a resolution by the Board of Directors, every holder of stock represented by certificates and upon request every holder of uncertificated shares shall be entitled to have a certificate signed by, or in the name of the Company Corporation by the Chairperson chairperson or vice-chairperson of the Board or Vice-Chairperson of the BoardDirectors, or the President president or a Vicevice-Presidentpresident, and by the Treasurer treasurer or an Assistant Treasurerassistant treasurer, or the Secretary secretary or an Assistant Secretary assistant secretary of the Company Corporation representing the number of shares registered in certificate form. Any or all of the signatures on the certificate may be a facsimile. In case any officer, transfer agent or registrar who has signed or whose facsimile signature has been placed upon a certificate has ceased to be such officer, transfer agent or registrar before such certificate is issued, it may be issued by the Company Corporation with the same effect as if such person he were such officer, transfer agent or registrar at the date of issue. The Company shall not have power to issue a certificate in bearer form. The Company Corporation may issue the whole or any part of its shares as partly paid and subject to call for the remainder of the consideration to be paid therefor. Upon the face or back of each stock certificate issued to represent any such partly paid shares, or upon the books and records of the Company Corporation in the case of uncertificated partly paid shares, the total amount of the consideration to be paid therefor and the amount paid thereon shall be stated. Upon the declaration of any dividend on fully paid shares, the Company Corporation shall declare a dividend upon partly paid shares of the same class, but only upon the basis of the percentage of the consideration actually paid thereon.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Procera Networks, Inc.)

Stock Certificates; Partly Paid Shares. The shares of the Company shall Corporation will be represented by certificates, provided that the Board board of directors of the Corporation may provide by resolution or resolutions that some or all of any or all classes or series of its stock shall will be uncertificated shares. Any such resolution shall will not apply to shares represented by a certificate until such certificate is surrendered to the CompanyCorporation. Every Notwithstanding the adoption of such a resolution by the board of directors, every holder of stock represented by certificates shall and upon request every holder of uncertificated shares will be entitled to have a certificate signed by, or in the name of the Company Corporation by the Chairperson chairman of the Board or Vice-Chairperson board of the Boarddirectors, or the President president or a Vice-Presidentvice president, and by the Treasurer treasurer or an Assistant Treasurerassistant treasurer, or the Secretary secretary or an Assistant Secretary assistant secretary of the Company Corporation representing the number of shares registered in certificate form. Any or all of the signatures on the certificate may be a facsimile. In case any officer, transfer agent or registrar who has signed or whose facsimile signature has been placed upon a certificate has ceased to be such officer, transfer agent or registrar before such certificate is issued, it may be issued by the Company Corporation with the same effect as if such person he were such officer, transfer agent or registrar at the date of issue. The Company shall Corporation will not have power to issue a certificate in bearer form. The Company Corporation may issue the whole or any part of its shares as partly paid and subject to call for the remainder of the consideration to be paid therefor. Upon the face or back of each stock certificate issued to represent any such partly paid shares, or and upon the books and records of the Company Corporation in the case of uncertificated partly paid shares, the total amount of the consideration to be paid therefor and the amount paid thereon shall will be stated. Upon the declaration of any dividend on fully paid shares, the Company shall Corporation will declare a dividend upon partly paid shares of the same class, but only upon the basis of the percentage of the consideration actually paid thereon.

Appears in 1 contract

Samples: Voting and Lock Up Agreement (Cempra, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.