Capitalization; No Preemptive Rights, Etc. There are no pre-emptive rights (or other similar rights, including any rights of first refusal) outstanding relating to the Shares.
Capitalization; No Preemptive Rights, Etc. As of the date of this Agreement, the Company has authorized 100,000,000 shares of Common Stock. All of the issued and outstanding shares of Common Stock are duly authorized and validly issued and outstanding, fully paid and non-assessable. There are no pre-emptive rights (or other similar rights, including any rights of first refusal) outstanding relating to the Shares.