Common use of Derivative Securities Clause in Contracts

Derivative Securities. Any issued and outstanding options, convertible notes or other securities of the Company that are exercisable or exchangeable for or convertible into Common Stock shall have been exercised, converted or exchanged for Common Stock in a manner satisfactory to the Investors;

Appears in 4 contracts

Samples: Securities Purchase Agreement (Discovery Technologies Inc), Securities Purchase Agreement (Intra Asia Entertainment Corp), Securities Purchase Agreement (Ugods, Inc.)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!