Examples of Company Equity Incentive Plans in a sentence
The description of the Company’s equity incentive plans or arrangements (the “Company Equity Incentive Plans”), and the options, restricted stock, restricted stock units or other rights or equity-based awards granted thereunder (the “Equity Awards”), set forth in the Time of Sale Disclosure Package and the Prospectus accurately and fairly presents in all material respects the information required to be shown with respect to such Company Equity Incentive Plans and Equity Awards.
The Company Equity Incentive Plans were duly authorized, approved and adopted by the Company Board and the Stockholders.
The stockholders holding at least a majority of the outstanding shares of Common Stock of the Company, on a fully-diluted, as converted basis, have approved the Company Equity Incentive Plans and each amendment thereof related to any increase in shares authorized to be granted under such Plans.
All Company Common Stock subject to issuance under the Company Equity Incentive Plans, upon issuance in accordance with the terms and conditions specified in the instruments pursuant to which they are issuable, will be duly authorized, validly issued, fully paid and non-assessable.
Section 3.4(b) of the Company Disclosure Schedule sets forth, as of the Agreement Date, a complete and accurate list of the number of shares of Common Stock reserved for future issuance under the Company Equity Incentive Plans, including the number of shares subject to Company Options that are currently outstanding and that remain available for grant.