Examples of PetroQuest Common Stock in a sentence
Upon satisfaction of the conditions specified in Section 1, the registered holder of this Certificate shall be considered a record holder of the number of shares of PetroQuest Common Stock specified in this Section 1.
Upon satisfaction of the conditions specified in Section 1, PetroQuest shall issue to the holder of this Certificate, upon surrender of this Certificate to PetroQuest or an agent designated by PetroQuest, that number of shares of PetroQuest Common Stock issuable upon conversion of the number of Contingent Stock Issue Rights represented by this Certificate.
In case PetroQuest shall (1) pay a dividend in shares of PetroQuest Common Stock; (2) subdivide outstanding shares of PetroQuest Common Stock; (3) combine outstanding shares of PetroQuest Common Stock into a smaller number of shares; or (4) issue by reclassification any shares of Common Stock, the number of shares of PetroQuest 4 Common Stock issuable upon conversion of the Contingent Stock Issue Rights represented by this Certificate shall be proportionately adjusted.
No dividends shall be payable with respect to the PetroQuest Common Stock represented by this Certificate until a record date has occurred after the issuance thereof.
The authorized capital of PetroQuest consists of 75,000,000 shares of PetroQuest Common Stock, $.001 par value per share, of which 44,685,363 shares of PetroQuest Common Stock are issued and outstanding as of December 31, 2004, and 5,000,000 shares of preferred stock, $.001 par value per share, of which no shares are issued and outstanding.
As of December 31, 2004, an aggregate of 6,535,239 shares of PetroQuest Common Stock were reserved for issuance under outstanding options, warrants and all other convertible securities of PetroQuest.
The shares of PetroQuest Common Stock to be issued as a portion of the Merger Consideration shall, when issued pursuant to the terms of this Agreement, be validly issued, fully paid and non assessable shares of PetroQuest Common Stock, free of preemptive rights of any kind.
The Member is acquiring the PetroQuest Common Stock to be acquired by him or her hereunder for his or her own account and not for distribution or resale, with no present intention of distributing or reselling the PetroQuest Common Stock or any part thereof.
The PetroQuest Common Stock is listed for trading on the Nasdaq Stock Market, subject to the listing of the shares issued as a portion of Merger Consideration.
For the purposes of calculating the number of shares of PetroQuest Common Stock to be issued as Merger Consideration or to be released from the Escrow Agreement, each share of PetroQuest Common Stock will be valued at $6.3346.