Common use of Company Capitalization Clause in Contracts

Company Capitalization. (a) The authorized capital stock of Company consists solely of 210,000,000 shares of Company Common Stock, of which there were 36,166,801 shares issued and outstanding as of the close of business on March 3, 2000, and 10,000,000 shares of preferred stock, par value $0.001 per share, of which no shares are issued or outstanding. All outstanding shares of Company Common Stock are duly authorized, validly issued, fully paid and nonassessable and are not subject to preemptive rights created by statute, the Certificate of Incorporation or Bylaws of Company or any agreement or document to which Company is a party or by which it is bound. As of the date of this Agreement, there are no shares of Company Common Stock held in treasury by the Company. From and after the Effective Time, the shares of Parent Common Stock issued in exchange for any shares of Company Restricted Stock will, without any further act of Parent, the Company or any other person, become subject to the restrictions, conditions and other provisions of such Company Restricted Stock, and Parent will automatically succeed to and become entitled to exercise the Company's rights and remedies under such Company Restricted Stock.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Verisign Inc/Ca), Agreement and Plan of Merger (Network Solutions Inc /De/)

AutoNDA by SimpleDocs

Company Capitalization. (a) The authorized capital stock of the Company consists solely of 210,000,000 50,000,000 shares of Company Common Stock, of which there were 36,166,801 23,855,394 shares issued and outstanding as of the close of business on March 3August 9, 20002004, and 10,000,000 15,000,000 shares of preferred stock, par value $0.001 per share, of which no shares are issued or outstanding. All outstanding shares of Company Common Stock are duly authorized, validly issued, fully paid and nonassessable and are not subject to preemptive rights created by statute, the Certificate Articles of Incorporation or Bylaws of the Company or any agreement or document to which the Company is a party or by which it is bound. As of the date of this Agreement, there are no shares of Company Common Stock held in treasury by the Company. From and after the Effective Time, the shares of Parent Common Stock issued in exchange for any shares of Company Restricted Stock will, without any further act of Parent, the Company or any other person, become subject to the restrictions, conditions and other provisions of such Company Restricted Stock, and Parent will automatically succeed to and become entitled to exercise the Company's ’s rights and remedies under such Company Restricted Stock.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Primus Knowledge Solutions Inc)

Company Capitalization. (a) The authorized capital stock of the Company consists solely of 210,000,000 25,000,000 shares of Company Common Stock, of which there were 36,166,801 15,681,174 shares issued and outstanding as of the close of business on March 3May 31, 20002007, and 10,000,000 5,000,000 shares of preferred stock, no par value $0.001 per sharevalue, of which no shares are issued or outstanding. All outstanding shares of Company Common Stock are duly authorized, validly issued, fully paid and nonassessable and are not subject to preemptive rights created by statute, the Certificate Articles of Incorporation or Bylaws of the Company or any agreement or document to which the Company is a party or by which it is bound. As of the date of this Agreement, there are no shares of Company Common Stock held in treasury by the Company. From and after the Effective Time, the shares of Parent Common Stock issued in exchange for any shares of Company Restricted Stock will, without any further act of Parent, the Company or any other person, become subject to the restrictions, conditions and other provisions of such Company Restricted Stock, and Parent will automatically succeed to and become entitled to exercise the Company's rights and remedies under such Company Restricted Stock.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Inverness Medical Innovations Inc)

Company Capitalization. (a) The authorized capital stock of Company consists solely of 210,000,000 100,000,000 shares of Company Common Stock, of which there were 36,166,801 27,604,931 shares issued and outstanding as of the close of business on March 3January 12, 20002001, and 10,000,000 5,000,000 shares of preferred stock, par value $0.001 0.01 per share, of which no shares are issued or outstanding. All outstanding shares of Company Common Stock are duly authorized, validly issued, fully paid and nonassessable and are not subject to preemptive rights created by statute, the Certificate of Incorporation or Bylaws of Company or any agreement or document to which Company is a party or by which it is bound. As of the date of this AgreementJanuary 12, 2001, there are no 16,610 shares of Company Common Stock held in treasury by the Company. From and after the Effective Time, the shares of Parent Common Stock issued in exchange for any shares of Company Restricted Stock will, without any further act of Parent, the Company or any other person, become subject to the restrictions, conditions and other provisions of such Company Restricted Stock, and Parent will automatically succeed to and become entitled to exercise the Company's rights and remedies under such Company Restricted Stock.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Macromedia Inc)

AutoNDA by SimpleDocs

Company Capitalization. (a) The authorized capital stock of Company consists solely of 210,000,000 shares of Company Common Stock, of which there were 36,166,801 shares issued and outstanding as of the close of business on March 3, 2000, and 10,000,000 shares of preferred stock, par value $0.001 per share, of which no shares are issued or outstanding. All outstanding shares of Company Common Stock are duly authorized, validly issued, fully paid and nonassessable and are not subject to preemptive rights created by statute, the Certificate of Incorporation or Bylaws of Company or any agreement or document to which Company is a party or by which it is bound. As of the date of this Agreement, there are no shares of Company Common Stock held in treasury by the Company. From and after the Effective Time, the shares of Parent Common Stock issued in exchange for any shares of Company Restricted Stock will, without any further act of Parent, the Company or any other person, become subject to the restrictions, conditions and other provisions of such Company Restricted Stock, and Parent will automatically succeed to and become entitled to exercise the Company's rights and remedies under such Company Restricted Stock.and

Appears in 1 contract

Samples: Agreement and Plan of Merger (Verisign Inc/Ca)

Company Capitalization. (a) The authorized capital stock of the Company consists solely of 210,000,000 25,000,000 shares of Company Common Stock, of which there were 36,166,801 15,681,174 shares issued and outstanding as of the close of business on March 3May 31, 20002007, and 10,000,000 5,000,000 shares of preferred stock, no par value $0.001 per sharevalue, of which no shares are issued or outstanding. All outstanding shares of Company Common Stock are duly authorized, validly issued, fully paid and nonassessable and are not subject to preemptive rights created by statute, the Certificate Articles of Incorporation or Bylaws of the Company or any agreement or document to which the Company is a party or by which it is bound. As of the date of this Agreement, there are no shares of Company Common Stock held in treasury by the Company. From and after the Effective Time, the shares of Parent Common Stock issued in exchange for any shares of Company Restricted Stock will, without any further act of Parent, the Company or any other person, become subject to the restrictions, conditions and other provisions of such Company Restricted Stock, and Parent will automatically succeed to and become entitled to exercise the Company's ’s rights and remedies under such Company Restricted Stock.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Cholestech Corporation)

Time is Money Join Law Insider Premium to draft better contracts faster.