Shares Authorized Sample Clauses

Shares Authorized. (a) Subject to adjustment as provided below, the aggregate number of Shares that may be issued pursuant to Options granted under this Plan is 82,500. Such Shares may be authorized, but unissued Shares, or may be Shares reacquired by the Company and held in treasury. If any Option granted under this Plan terminates without being exercised in full, the number of Shares as to which such Option was not exercised shall be available for future grants within the limits set forth in this Section 6(a).
Shares Authorized. The shares of First Union Common Stock to be ----------------- issued in exchange for shares of Company Common Stock upon consummation of the Merger in accordance with Article II of this Plan, have been duly authorized ---------- and, when issued in accordance with the terms of this Plan, and in the case of shares issued upon the exercise of such Options, the related stock option plan, will be validly issued, fully paid and nonassessable and subject to no preemptive rights.
Shares Authorized. The Shares will have been duly authorized by all necessary corporate action of the Company.
Shares Authorized. PURCHASER represents that it is authorized to issue no more than 200,000,000 of common stock, and that effective with this agreement there will be less than 100,000,000 shares of the company’s common stock outstanding.
Shares Authorized. Subject to adjustment as described below in Sections 4(b) and 4(e) below, the aggregate number of Common Shares that may be issued or transferred under the Plan shall be [•]1 Common Shares, plus [•]2 Common Shares subject to outstanding grants under the Prior Plan as of the Effective Date. The aggregate number of Common Shares that may be issued or transferred under the Plan pursuant to Incentive Stock Options shall not exceed [•]3 Common Shares. Commencing with the first business day of each calendar year beginning in 2024, the aggregate number of Common Shares that may be issued or transferred under the Plan shall be increased by a number equal to the lesser of (x) [•]4 million Common Shares, or (y) such lesser number of Common Shares as may be determined by the Committee. 1 Note to Draft: Number to be inserted in connection with the closing of the transactions contemplated by the Business Combination Agreement equal to 6.7% of the fully diluted capitalization of the Company immediately after giving effect to the transactions contemplated by the Business Combination Agreement.
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Shares Authorized. Subject to the adjustment provisions of Section 15, the maximum number of shares of Stock that may be issued under the Plan will be [·]1 shares, plus an additional number of shares added on January 1, 202[·] and January 1 of each year thereafter until the Plan terminates pursuant to Section 17, in an amount equal to the lesser of (i) [·]2 shares of Stock, (ii) one percent (1%) of the number of shares of Stock issued and outstanding on the immediately preceding December 31, or (iii) such lesser number of shares of Stock as determined by the Administrator. If any Option granted under the Plan terminates without having been exercised in full, the shares of Stock not purchased under such Option will again become available for issuance under the Plan. Shares issued upon exercise of an Option may be from authorized but unissued Stock, from shares held in the treasury of the Company, or from any other proper source.
Shares Authorized. Ordinary Shares: 157,070,000 @ £0.01 each Issued and Outstanding: 157,055,556 Owner and % Interest: Compass Minerals (Europe) Limited - 100% 157,055, 556 ordinary shares (GBP) Shares Authorized Ordinary Shares: 55,556 @ USD$0.01 each Issued and Outstanding: 55,556 Owner and % Interest: Compass Minerals (Europe) Limited - 100% 55,556 ordinary shares (USD) SCHEDULE V
Shares Authorized. Deferred Shares: 1@ £1 each Issued and Outstanding: 1 Owner and % Interest: DeepStore Limited – 100% 1 deferred share Shares Authorized
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