VESTCOM STOCK Sample Clauses
The 'VESTCOM Stock' clause defines the terms and conditions related to the issuance, ownership, or treatment of stock associated with VESTCOM, which may be a specific entity or class of shares within an agreement. This clause typically outlines who holds the stock, any restrictions on transfer, and the rights or obligations attached to these shares, such as voting rights or dividend entitlements. Its core practical function is to clearly establish the rules governing VESTCOM stock within the context of the agreement, thereby preventing disputes and ensuring all parties understand their rights and responsibilities regarding these shares.
VESTCOM STOCK. The VESTCOM Stock to be delivered to the STOCKHOLDERS at the Consummation Date (i) shall constitute valid and legally issued shares of VESTCOM Stock, fully paid and nonassessable, and except as set forth in this Agreement, will be owned free and clear of all liens, security interests, pledges, charges, voting trusts, restrictions, encumbrances and claims of every kind created by VESTCOM, and (ii) will be legally equivalent in all respects to the VESTCOM Stock issued and outstanding as of the date hereof. The shares of VESTCOM Stock to be issued to the STOCKHOLDERS pursuant to this Agreement will not be registered under the 1933 ▇▇▇.
VESTCOM STOCK. The Dividend Access Shares and the Multiple Voting Share to be delivered to the STOCKHOLDERS at the Consummation Date shall constitute valid and legally issued shares of NEWCO and VESTCOM, respectively, fully paid and non-assessable, and except as set forth in this Agreement, will be owned free and clear of all Liens created by any person other than the
VESTCOM STOCK. The VESTCOM Stock to be delivered to the STOCKHOLDERS at the Consummation Date shall constitute valid and legally issued shares of VESTCOM Stock, fully paid and nonassessable, and except as set forth in this Agreement, will be owned free and clear of all liens, security interests, pledges, charges, voting trusts, restrictions, encumbrances and claims of every kind created by VESTCOM, and (ii) will be legally equivalent in all respects to the VESTCOM Stock issued and outstanding as of the date hereof. The shares -45- 53 of VESTCOM Stock to be issued to the STOCKHOLDERS pursuant to this Agreement will not be registered under the 1933 ▇▇▇.