Capitalization of PDWK Sample Clauses

Capitalization of PDWK. The authorized capital stock of PDWK consists of (a) 100,000,000 shares of Common Stock, par value $0.001 per share, of which 8,800,000 shares are issued and outstanding, all of which are duly authorized, validly issued and fully paid. As of the date of this Agreement there are no outstanding options, warrants, agreements, commitments, conversion rights, preemptive rights or other rights to subscribe for, purchase or otherwise acquire any shares of capital stock or any un-issued or treasury shares of capital stock of PDWK.
Capitalization of PDWK. The authorized capital stock of PDWK consists of (a) 100,000,000 shares of Common Stock, par value $0.001 per share, of which 8,800,000 shares are issued and outstanding, all of which are duly authorized, validly issued and fully paid. The parties agree that they have been informed of the issuances of the PDWK Shares, and that all such issuances of PDWK Shares pursuant to this Agreement will be in accordance with the provisions of this Agreement. All of the PDWK Shares to be issued pursuant to this Agreement have been duly authorized and will be validly issued, fully paid and non-assessable and no personal liability will attach to the ownership thereof and in each instance, have been issued in accordance with the registration requirements of applicable securities laws or an exemption therefrom. As of the date of this Agreement there are no outstanding options, warrants, agreements, commitments, conversion rights, preemptive rights or other rights to subscribe for, purchase or otherwise acquire any shares of capital stock or any un-issued or treasury shares of capital stock of PDWK. Immediately preceding the consummation of the transactions contemplated by this Agreement, the capitalization table set forth on Schedule A is accurate and complete in all material respects. The capitalization table set forth on Schedule B is accurate and complete and reflects the capitalization of PDWK immediately following the transactions contemplated by this Agreement.