Certificate Delivery. Whenever the Company distributes evidences of its indebtedness, securities, assets, rights or warrants to any Person in connection with or as a result of or related to any pending or future claims, suits, actions or proceedings against the Company, the Company shall promptly cause a certificate setting forth a brief statement describing such distribution to be mailed to the Holder at the address shown in the registration books of the Company. As promptly as practicable thereafter, the Company at its expense shall issue and deliver to the Holder a certificate or certificates for the number of shares of Common Stock issuable to the Holder pursuant to Sections 1.1 and 1.2 above.
Appears in 1 contract
Sources: Agreement Regarding Issuance of Common Stock (Cyberguard Corp)
Certificate Delivery. Whenever the Company distributes evidences of its indebtedness, securities, assets, rights or warrants to any Person in connection with or as a result of or related to any pending or future claims, suits, actions or proceedings against the Company, the Company shall promptly cause a certificate setting forth a brief statement describing such distribution to be mailed to the Holder at the address shown in the registration books of the Company. As promptly as practicable thereafter, the Company at its expense shall issue and deliver to the Holder a certificate or certificates for the number of shares of Common Stock issuable to the Holder pursuant to Sections Section 1.1 and 1.2 above.
Appears in 1 contract
Sources: Agreement Regarding Issuance of Common Stock (Cyberguard Corp)