Examples of LifeQuest Stock in a sentence
Notwithstanding Section 2.6, no certificates or scrip representing fractional shares of LifeQuest Stock shall be issued upon the surrender for exchange of certificates that prior to the Effective Time represented shares of Seller Stock, no dividend or distribution of LifeQuest shall relate to any fractional share interest and no fractional share interest shall entitle the owner thereof to vote or to exercise any rights of a stockholder of LifeQuest.
For the management right of Highpoint Shopping Centre, management considers the useful life as indefinite as there is no fixed term for the management agreement.
In the event Bookxxxxxx xxxll become obligated to indemnify any of the LifeQuest Parties under this Article 10, Bookxxxxxx xxx, at his sole option, satisfy such obligation, in whole or in part, with LifeQuest Stock, valued at the per share closing price as reported by the National Association of Securities Dealers Automated Quotation System on the date immediately prior to the date Bookxxxxxx xxxisfies such obligation.
Following the Closing Date, so long as the Shareholder is the beneficial owner of at least 5% of the outstanding shares of LifeQuest Stock, Purchaser shall use its best efforts to cause the Board of Directors to nominate one person designated by the Shareholder for election to the Board of Directors of LifeQuest.
The Commissioner then commented that Plaintiff had blocked the windows with paper, and Plaintiff also denied this.
Following the Closing Date, so long as the Shareholders collectively are the beneficial owners of at least 5% of the outstanding shares of LifeQuest Stock, Purchaser shall use its best efforts to cause the Board of Directors to nominate one person designated by the Shareholders for election to the Board of Directors of LifeQuest.
Notwithstanding Section 2.6, no certificates or scrip representing fractional shares of LifeQuest Stock shall be issued upon the surrender for exchange of certificates that prior to the Effective Time represented shares of Trimedica Stock, no dividend or distribution of LifeQuest shall relate to any fractional share interest and no fractional share interest shall entitle the owner thereof to vote or to exercise any rights of a shareholder of LifeQuest.
As of the date hereof, LifeQuest has authorized capital stock consisting of 10,000,000 shares of common stock, $.001 par value, of which 6,710,883 shares are issued and outstanding and 2,000,000 shares of preferred stock, $.001 par value, of which no shares are issued and outstanding ("LifeQuest Stock").
On the Closing Date, LifeQuest will grant options to purchase 10,000 shares of LifeQuest Stock, vested at the rate of 2,500 shares per year beginning on the first anniversary of the Closing Date, at an option price equal to the market price of the LifeQuest Stock on the Closing Date, to each of Genaxx XxXxxxxx, Xxssxxx Xxxxxxx xxx Cindx Xxxxxxx.
Each share of LifeQuest Stock outstanding at the Effective Time shall be converted into one fully paid and nonassessable share of common stock, $.001 par value ("Surviving Corporation Stock"), of the Surviving Corporation, without any action on the part of the holder thereof.