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.
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.
This Agreement may be executed in counterparts and all counterparts together shall constitute one and the same Agreement.
All issued and outstanding shares of SESI Common Stock have been duly authorized and are validly issued, fully paid and non-assessable.
Until so delivered, each certificate which, before the Effective Time, represented shares of Tong Common Stock, shall be deemed for all purposes to represent the number of whole shares of SESI Common Stock into which the shares of Tong Common Stock theretofore represented thereby shall have been converted.
Upon such delivery, SESI shall deliver to Shareholder a certificate or certificates representing the shares of SESI Common Stock into which such shares of Tong Common Stock have been converted together with the cash payment specified in Section 2.1(a).
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.
The Stockholder has also been afforded access to information about SESI and SESI's financial position, results of operations, business, property and management sufficient to enable him or it to evaluate an investment in SESI Common Stock, and has had the opportunity to ask questions of and has received satisfactory answers from SESI concerning the foregoing matters.
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.
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.