Common use of Capital Transactions Clause in Contracts

Capital Transactions. (a) Buyer covenants to refrain from filing any registration statement on Form S-8 with the SEC until after the first anniversary of the Effective Time, and shall authorize no reverse stock split of the common stock or any other series of outstanding security or take any other actions dilutive of the common stock of Buyer or adversely effecting the rights of Series A or Series B preferred stock, until after the first anniversary of the Effective Time without the unanimous approval of the board of directors of Buyer.

Appears in 2 contracts

Samples: Agreement and Plan (Bluestar Health, Inc.), Agreement and Plan (Bluestar Health, Inc.)

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Capital Transactions. (a) Buyer covenants to refrain from filing any registration statement on Form S-8 with the SEC until after the first anniversary of the Effective Time, and shall authorize no reverse stock split of the common stock or any other series of outstanding security or take any other actions dilutive of the common stock of Buyer or adversely effecting the rights of Series A or Series B preferred stockBuyer, until after the first anniversary of the Effective Time without the unanimous approval of the board of directors of Buyer.. Zeon-BlueStar Stock Purchase & Recap Agmt Final DEFINITIONS

Appears in 1 contract

Samples: Stock Purchase and Recapitalization Agreement (Bluestar Health, Inc.)

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Capital Transactions. (a) Buyer covenants to refrain from filing any registration statement on Form S-8 with the SEC until after the first anniversary of the Effective Time, and shall authorize no reverse stock split of the common stock or any other series of outstanding security or take any other actions dilutive of the common stock of Buyer or adversely effecting the rights of Series A or Series B preferred stockBuyer, until after the first anniversary of the Effective Time without the unanimous approval of the board of directors of Buyer.

Appears in 1 contract

Samples: Stock Purchase and Recapitalization Agreement (Bluestar Health, Inc.)

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