Additional Subscriptions. Each Shareholder agrees to subscribe and pay for its pro rata portion of any additional shares that the Corporation proposes to issue (calculated on the number of Shares then held by the Shareholders) if the Board determines that additional funds for the Corporation should be obtained by issuing shares of the Corporation.
Appears in 2 contracts
Sources: Unanimous Shareholder Agreement (Aleafia Health Inc.), Shareholder Agreement (Aleafia Health Inc.)