Shareholder Matters. None of the transactions or matters contemplated by this Agreement require the approval of the Company’s shareholders, other than the requirement for shareholder approval of an increase in authorized common stock sufficient for issuance upon conversion of the Buyer Stock.
Appears in 2 contracts
Samples: Purchase Agreement (Advanced Communications Technologies Inc), Purchase Agreement (Act-De LLC)
Shareholder Matters. None of the transactions or matters contemplated by this Agreement require the approval of the Company’s shareholders, shareholders (other than the requirement for shareholder approval consent of an increase in authorized common stock sufficient for issuance upon conversion Holders of a majority of the Buyer outstanding shares of Series C Preferred Stock).
Appears in 2 contracts
Samples: Purchase Agreement (Encompass Group Affiliates, Inc), Purchase Agreement (Act-De LLC)
