Common use of Title to Company Securities Clause in Contracts

Title to Company Securities. As of the date of this Agreement: (i) Securityholder holds of record (free and clear of any encumbrances or restrictions) the number of outstanding shares of Company Common Stock and Company Preferred Stock set forth on the signature page hereof; (ii) Securityholder holds (free and clear of any encumbrances or restrictions) the Company Options, set forth on the signature page hereof; and (iii) Securityholder does not directly or indirectly own (beneficially or otherwise) any shares of capital stock or other securities of the Company, or any option, warrant or other right to acquire (by purchase, conversion or otherwise) any shares of capital stock or other securities of the Company, other than the shares and options set forth on the signature page hereof.