Examples of SESI Common Stock in a sentence
All shares of SESI Common Stock to be issued pursuant to this Agreement will be, when issued, duly authorized, validly issued, fully paid and non- assessable.
Upon an affirmative vote of the holders of a majority of the outstanding shares of SESI Common Stock present or represented at the SESI Annual Meeting approving this Agreement and the transactions contemplated hereby, no further vote or consent of stockholders or directors of SESI and no further corporate acts or other corporate proceedings are required of SESI for the due and valid authorization, execution, delivery and performance of this Agreement or the consummation of the Merger.
In receiving SESI Common Stock, such Stockholder is not offering or selling, and will not offer and sell, for SESI in connection with any distribution of such SESI Common Stock, except in compliance with Applicable Law, and such Stockholder does not have any contract, undertaking, agreement or arrangement with any person for the distribution of SESI Common Stock and will not participate in any undertaking or in any underwriting of such an undertaking except in compliance with Applicable Law.
Shareholder has such knowledge and experience in financial and business matters that he is capable of evaluating the merits and risks of an investment in SESI Common Stock.
As earlier stated, multiple formalism including SANs are supported by mobius tool.
All shares of SESI Common Stock to be issued pursuant to this Agreement will be, when issued, duly authorized, validly issued, fully paid and non-assessable.
In consideration of its purchase of the Nautilus Common Stock and Superior Bearing Common Stock, Buyer shall pay to Seller (a) the sum of $4,000,000 by wire transfer to an account specified by Seller to Buyer, (b) 420,000 shares of SESI Common Stock and (c) the Note in the form attached hereto as Exhibit "B".
Each Shareholder understands that SESI Common Stock acquired pursuant hereto have not been registered under the Securities Act on the basis that the sale provided for in this Agreement and the issuance of SESI's Common Stock hereunder is exempt from registration under the Securities Act, and that SESI's reliance on such exemption is based, in part, upon such Shareholder's representations set forth herein.
SESI will propose to its stockholders in connection with its 1997 annual meeting of stockholders to amend its stock incentive plan to, among such other amendments as may be proposed, increase by 500,000 the number of shares of SESI Common Stock eligible under the stock incentive plan with those shares reserved for grant to employees of Nautilus and Superior Bearing.
Seller is acquiring SESI Common Stock for investment for his own account and not with a view to, or for sale or other disposition in connection with, any distribution of all or any part thereof except (i) in an offering covered by a registration statement filed with the Securities and Exchange Commission under the Securities Act covering SESI Common Stock acquired by Seller or (ii) pursuant to an applicable exemption under the Securities Act.