Examples of Quanta Common Stock in a sentence
The issuance of Quanta Common Stock pursuant to the Merger will transfer to the Stockholders valid title to such shares of Quanta Common Stock, free and clear of all Encumbrances, except for any Encumbrances created by the Stockholders.
The Stockholders acknowledge the shares of Quanta Common Stock issued at the Closing in accordance with the terms of this Agreement (the "Restricted Shares") will not be registered under the 1933 Act and therefore may not be resold without compliance with the 1933 Act.
The shares of Quanta Common Stock to be issued to the Stockholders pursuant to the Merger are duly authorized and, when issued in accordance with the terms of this Agreement, will be validly issued, fully paid and nonassessable.
After the Closing, Quanta will endeavor to establish, subject to stockholder approval, an employee stock purchase program to facilitate employee purchases of Quanta Common Stock directly from Quanta without paying third party brokerage commissions.
Mr. Eubanks commented that figures on conservation differed in the report as well as the website.
The shares of Quanta Common Stock to be issued to the Stockholders pursuant to the Merger and the Stock Purchase are duly authorized and, when issued in accordance with the terms of this Agreement, will be validly issued, fully paid and nonassessable.
Quanta shall recommend to the Compensation Committee of its Board of Directors that it grant nonqualified options to purchase an aggregate of 150,000 shares of Quanta Common Stock as of the Closing Date under Quanta's 1997 Stock Option Plan (the "Option Plan") to certain key employees of the Company (other than the Stockholder), as set forth on Schedule 7.7 in the amounts listed thereon.
Until the effective date of the shelf registration statement filed pursuant to Section 7.9, certificates representing the shares of Quanta Common Stock issued at the Closing shall bear the following legend: THE SHARES REPRESENTED BY THIS CERTIFICATE WERE NOT ISSUED IN A TRANSACTION REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED ("SECURITIES ACT"), OR ANY APPLICABLE STATE SECURITIES LAWS.
The Stockholder acknowledges the shares of Quanta Common Stock issued in accordance with the terms of this Agreement (the "Restricted Shares") will not be registered under the 1933 Act, except as required by Section 7.9, and therefore may not be resold without compliance with the 1933 Act.
Quanta and Newco agree to pay the fees and expenses of Broker upon the Closing by wire transfer of funds to Broker in an amount equal to $880,393 and issuance to Broker of 48,169 shares of Quanta Common Stock.