Common use of Increase in Authorized Common Stock Clause in Contracts

Increase in Authorized Common Stock. As soon as reasonably practicable after the date of this Agreement, Ocean shall take all actions necessary to amend its Articles of Incorporation to increase its authorized common stock to at least 25,000,000 shares.

Appears in 4 contracts

Samples: Agreement and Plan of Merger (Ovadia Family Trust), Agreement and Plan of Merger (Ocean Optique Distributors Inc), Agreement and Plan of Merger (Ocean Optique Distributors Inc)

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