Common Stock Investment Sample Clauses

Common Stock Investment. Not later than January 21, 2021, Employee will invest not less than $125,000 in common stock of Holdings, and in connection with such investment Employee will become a party to the Stockholders Agreement of Holdings. Promptly following an IPO, and subject to any restrictions imposed by applicable law or any policies of Holdings, Employee will make an additional investment in Holdings common stock of at least $125,000 through open market purchases.
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Common Stock Investment. Employee agrees that, at the closing of ----------------------- the DBI Recapitalization, Employee shall purchase $1,000,000 of the same securities of Employer as other new equity investors in the DBI Recapitalization for a purchase price equal to the value of such securities reflected in the DBI Recapitalization (the "Recapitalization Value"). At Employee's option, up to $666,666 of such purchase price may be provided through a full recourse five-year promissory note (accelerated upon a change in control of Employer) in principal amount equal to such amount and bearing interest at 6.75% per annum. The balance of the purchase price will be paid by Employee in cash.
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Common Stock Investment 
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Related to Common Stock Investment

  • Common Stock 1 Company........................................................................1

  • Common Shares 4 Company...................................................................................... 4

  • Company Stock The Certificates and stock powers, duly endorsed, transferring the Company Stock to Subsidiary and the officer and director resignations required in Section 4.6;

  • Ordinary Shares The Ordinary Shares included in the Units have been duly authorized and, when issued and delivered against payment for the Offered Securities by the Underwriters pursuant to this Agreement and registered in the Company’s register of members, will be validly issued, fully paid and non-assessable. The holders of such Ordinary Shares are not and will not be subject to personal liability by reason of being such holders; such Ordinary Shares are not and will not be subject to any preemptive or other similar contractual rights granted by the Company.

  • Fractional Shares of Common Stock (a) The Company shall not issue fractions of Warrants or distribute Warrant Certificates which evidence fractional Warrants. Whenever any fractional Warrant would otherwise be required to be issued or distributed, the actual issuance or distribution shall reflect a rounding of such fraction to the nearest whole Warrant (rounded down).

  • Shares The term “

  • Parent Common Stock The issuance and delivery by Parent of shares of Parent Common Stock in connection with the Merger and this Agreement have been duly and validly authorized by all necessary corporate action on the part of Parent. The shares of Parent Common Stock to be issued in connection with the Merger and this Agreement, when issued in accordance with the terms of this Agreement, will be validly issued, fully paid and nonassessable and not subject to preemptive rights of any sort.

  • Shares of Common Stock The Company shall have duly reserved the number of Debenture Shares required by this Agreement and the Transaction Documents to be reserved upon the conversion of the Debentures acquired by the Purchaser on the First Closing Date;

  • Purchaser Common Stock Each share of common stock, par value $0.001 per share, of the Purchaser (the “Purchaser Common Stock”) issued and outstanding immediately prior to the Effective Time shall be converted into and become one newly and validly issued, fully paid and nonassessable share of common stock of the Surviving Corporation.

  • Company Common Stock “Company Common Stock” shall mean the Common Stock, par value $0.001 per share, of the Company.

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