Authorized and outstanding interests of 200 scott street; options
Authorized and Outstanding Interests of 200 Scott Street; Options Sample Clauses
Authorized and Outstanding Interests of 200 Scott Street; Options. The authorized equity interests of 200 Scott Street consists solely of the 200 Scott Street Interests which are issued and outstanding and held and owned, of record and beneficially, solely by the 200 Scott Street Members. All issued and outstanding 200 Scott Street Interests have been duly authorized and validly issued, are fully paid and nonassessable, are not subject to any right of rescission and have been offered and sold by 200 Scott Street in compliance with exemptions from the registration requirements of the 1933 Act and state securities laws. No issued and outstanding 200 Scott Street Interests are unvested or are subject to a repurchase option, risk of forfeiture or other condition providing that such interests may be forfeited or repurchased by 200 Scott Street upon any termination of the member's employment or other relationship with 200 Scott Street under the terms of any membership interest purchase agreement or other agreement with 200 Scott Street that does not by its terms provide that such repurchase option, risk of forfeiture or other condition lapses upon the consummation of the Transactions. There is no liability for distributions accrued but unpaid by 200 Scott Street. There are no options, warrants, calls, rights, commitments, conversion privileges or preemptive or other rights or agreements outstanding to purchase or otherwise acquire any 200 Scott Street Interests or any securities or debt convertible into or exchangeable for 200 Scott Street Interests or obligating 200 Scott Street to grant, extend or enter into such option, warrant, call, commitment, conversion privileges or preemptive or other right or agreement. There are, to 200 Scott Street's knowledge, no options, warrants, conversion privileges or preemptive or other rights or agreements as to which 200 Scott Street is not a party involving the purchase or other acquisition of any 200 Scott Street Interests.