Examples of DMC Common Stock in a sentence
Measurex and DMC agree to use their best efforts, after consultation with each other, to respond promptly to all such comments of and requests by the SEC and to cause the Proxy Statement and all required amendments and supplements thereto to be mailed to the holders of DMC Common Stock entitled to vote at the Stockholders Meeting at the earliest practicable time.
All outstanding shares of DMC Common Stock are duly authorized, validly issued, fully paid and non-assessable and are free of any liens or encumbrances other than any liens or encumbrances created by or imposed upon the holders thereof, and are not subject to preemptive rights or rights of first refusal created by statute, the Certificate of Incorporation or Bylaws of DMC or any agreement to which DMC is a party or by which it is bound.
Grantor is the holder of DMC stock options and/or convertible debentures, all of which are fully exercisable or convertible into DMC Common Stock.
EMPC hereby grants to DMC --------------------------------------- the right to purchase for a total price of $14.4 million (plus accrued but unpaid dividends on such shares of DMC Series A Preferred Stock as of the Closing Date), 598,959 shares of DMC Common Stock and 359,376 shares of DMC Series A Preferred Stock owned by EMPC.
The execution and delivery of this Agreement and the consummation of the transactions contemplated hereby have been duly authorized by all necessary corporate action on the part of DMC, subject only to the approval of the Merger by holders of a majority of the outstanding shares of DMC Common Stock.
After the Effective Time, there shall be no transfers --------- on the stock transfer books of DMC of the shares of DMC Common Stock, stock options or debentures that were outstanding immediately prior to the Effective Time.
As of the close of business on September 16, 1995, there were (i) 150,200 shares of DMC Common Stock reserved for issuance upon the exercise of the conversion right under the 1997 Convertible Debentures, and (ii) 120,000 shares of DMC Common Stock reserved for issuance upon the exercise of the conversion right under the FDIC Debentures.
In the event that Dynamic Materials becomes aware of any planned delisting of DMC Common Stock, Dynamic Materials will promptly inform the Sellers.
On the closing date, EMPC agrees to deliver to the Company stock certificates representing 598,959 shares of DMC Common Stock and 359,376 shares of Series A Preferred Stock, which certificates shall be either duly endorsed in blank or accompanied by stock powers duly executed in the blank, on the date of redemption.
Grantor agrees that any shares of DMC Common Stock that Grantor purchases or with respect to which Grantor otherwise acquires record or beneficial ownership after the date of this Agreement and prior to the Expiration Date ("New Stock") shall be subject to the terms and conditions of this Agreement to the same extent as if they had originally constituted Stock.