Common use of Equity Clause in Contracts

Equity. In partial consideration of the license granted to Company under this Agreement, on or about April 18, 2003, Company shall issue to Medical School a total number of shares of Common Stock of Company, ($.01 par value per share) equal to {***} of the outstanding shares of Company. Company shall register the shares that are issued to the Medical School within ninety (90) days after their issuance and those shares will then be unrestricted.

Appears in 22 contracts

Samples: Exclusive License Agreement (Cytrx Corp), Exclusive License Agreement (Cytrx Corp), Exclusive License Agreement (Cytrx Corp)

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Equity. In partial consideration of the license granted to Company under this Agreement, on or about April 18, 2003, Company shall issue issued to Medical School a total number of shares of Common Stock of Company, Company ($.01 par value per share) equal to {***} of the outstanding shares of Company. Company shall register the shares that are issued to the Medical School within ninety (90) days after their issuance and those shares will then be unrestricted.

Appears in 3 contracts

Samples: License Agreement (Rxi Pharmaceuticals Corp), License Agreement (Rxi Pharmaceuticals Corp), License Agreement (Cytrx Corp)

Equity. In partial consideration of the license granted to Company under this Agreement, on or about April 18, 2003, Company shall issue to Medical School a total number of shares of Common Stock of Company, ($.01 par value per share) equal to {[* * ***} ] of the outstanding shares of Company. Company shall register the shares that are issued to the Medical School within ninety (90) days after their issuance and those shares will then be unrestricted.

Appears in 2 contracts

Samples: Non Exclusive License Agreement (RXi Pharmaceuticals Corp), Non Exclusive License Agreement (RXi Pharmaceuticals Corp)

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Equity. In partial consideration of the license granted to Company under this Agreement, on or about April 18, 2003, Company shall issue issued to Medical School prior to the Effective Date a total number of shares of Common Stock of Company, ($.01 par value per share) equal to {***} of the outstanding shares of Company. Company shall register registered the shares that are were issued to the Medical School within ninety (90) days after their issuance and those shares will then be are now unrestricted.

Appears in 1 contract

Samples: Exclusive License Agreement (Cytrx Corp)

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