B Authorization. The execution and delivery of this Agreement and the Ancillary Instruments, and full performance thereunder, have been duly authorized by the respective boards of directors and the shareholders of each Shareholder which is a corporation, and no other or further corporate act on the part of any such Shareholder is necessary therefor.
Appears in 1 contract
Sources: Stock Exchange Agreement (Innovative Software Technologies Inc)
B Authorization. The execution and delivery of this Agreement and the Ancillary Instruments, and full performance thereunder, have been duly authorized by the respective boards of directors and the shareholders of each Shareholder Seller which is a corporation, and no other or further corporate act on the part of any such Shareholder shareholders is necessary therefor.
Appears in 1 contract
Sources: Share Purchase Agreement (Innovative Software Technologies Inc)