MCSC Sample Clauses

MCSC. (i) The authorized capital stock of MCSC consists of 30,000,000 shares of MCSC Common Stock and 5,000,000 shares of MCSC preferred stock, no par value par share ("MCSC Preferred Stock"). As of December 5, 1997, there were 4,204,109 shares of MCSC Common Stock issued and outstanding, and there were no shares of MCSC Preferred Stock issued and outstanding. All outstanding shares of MCSC Common Stock have been duly authorized and validly issued and are fully paid and nonassessable, and none of the outstanding shares of MCSC Common Stock has been issued in violation of the preemptive rights of any person, firm or entity. As of the date hereof, there are no Rights authorized, issued or outstanding with respect to the capital stock of MCSC, except for (A) shares of MCSC Common Stock issuable pursuant to the MCSC 1996 Stock Option Plan and the MCSC Non-Employee Directors Stock Option Plan and (B) by virtue of this Agreement and (C) pursuant to certain agreements to acquire the stock or assets of other entities.
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MCSC. (i) The authorized capital stock of MCSC consists of 30,000,000 shares of MCSC Common Stock and 5,000,000 shares of MCSC preferred stock, no par value par share ("MCSC Preferred Stock"). As of November 11, 1998, there were 11,235,607 shares of MCSC Common Stock issued and outstanding, and there were no shares of MCSC Preferred Stock issued and outstanding. All outstanding shares of MCSC Common Stock have been duly authorized and validly issued and are fully paid and nonassessable, and none of the outstanding shares of MCSC Common Stock has been issued in violation of the preemptive rights of any person, firm or entity. As of the date hereof, there are no Rights authorized, issued or outstanding with respect to the capital stock of MCSC, except for (A) shares of MCSC Common Stock issuable pursuant to the MCSC 1996 Stock Option Plan, the MCSC Non-Employee Directors Stock Option Plan, the 1998 Stock Option Plan, the 1998 Employee Payroll Deduction Stock Purchase Plan and the MCSC 401(k) Plan, (B) the obligation of MCSC to issue shares of MCSC Common Stock to the former Stockholders of Data Associates, Inc., Software Showcase, Inc., TBS Printware Corporation, Electronic Image Systems, Inc., Consolidated Media Systems, Inc., Optical Express Computer Supplies, Inc., Xxxx Xxxxx and Associates, Inc. and The X.X.X. Corporation, and (C) by virtue of this Agreement and (D) pursuant to certain agreements to acquire the stock or assets of other entities.
Sample 1

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