Common use of Shares Free and Clear Clause in Contracts

Shares Free and Clear. All Shares purchased by the Company pursuant to this Agreement shall be delivered by Purchaser free and clear of all claims, liens and encumbrances of every nature (except the provisions of this Agreement and any conditions concerning the Shares relating to compliance with applicable federal or state securities laws), and the purchaser thereof shall acquire full and complete title and right to all of such Shares, free and clear of any claims, liens and encumbrances of every nature (again, except for the provisions of this Agreement and such securities laws).

Appears in 13 contracts

Samples: Restricted Stock Purchase Agreement (Collectors Universe Inc), Restricted Stock Purchase Agreement (Collectors Universe Inc), Restricted Stock Purchase Agreement (Coast Distribution System Inc)

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Shares Free and Clear. All Shares purchased by the Company (or otherwise returned to the Company) pursuant to this Agreement shall be delivered by Purchaser free and clear of all claims, liens and encumbrances of every nature (except the provisions of this Agreement and any conditions concerning the Shares relating to compliance with applicable federal or state securities laws), and the purchaser thereof shall acquire full and complete title and right to all of such Shares, free and clear of any claims, liens and encumbrances of every nature (again, except for the provisions of this Agreement and such securities laws).

Appears in 6 contracts

Samples: Restricted Stock Award Agreement (Powerwave Technologies Inc), 2007 Stock Incentive Plan (Kal Energy Inc), Restricted Stock Award Agreement (Powerwave Technologies Inc)

Shares Free and Clear. All Shares purchased by the Company pursuant to this Agreement shall be delivered by Purchaser free and clear of all claims, liens and encumbrances of every nature (except the provisions of this Agreement and any conditions concerning the Shares relating to compliance with applicable federal or state securities laws), and the purchaser thereof shall acquire full and complete title and right to all of such Sharesthe shares, free and clear of any claims, liens and encumbrances of every nature (again, again except for the provisions of this Agreement and such securities laws).

Appears in 5 contracts

Samples: Restricted Stock Purchase Agreement (TherOx, Inc.), Restricted Stock Purchase Agreement (Tandem Diabetes Care Inc), Restricted Stock Purchase Agreement (Icx Electronics Inc)

Shares Free and Clear. All Shares purchased by the Company pursuant to this Purchase Agreement shall be delivered by Purchaser Participant free and clear of all claims, liens and encumbrances of every nature (except the provisions of this Purchase Agreement and any conditions concerning the Shares relating to compliance with applicable federal or state securities laws), and the purchaser thereof shall acquire full and complete title and right to all of such Sharesthe shares, free and clear of any claims, liens and encumbrances of every nature (again, again except for the provisions of this Purchase Agreement and such securities laws).

Appears in 2 contracts

Samples: Restricted Stock Purchase Agreement (Auxilio Inc), Restricted Stock Purchase Agreement (Axonics Modulation Technologies, Inc.)

Shares Free and Clear. All Shares purchased by the Company and/or the Purchasing Shareholders pursuant to this Agreement shall be delivered by Purchaser free and clear of all claims, liens and encumbrances of every nature (except the provisions of this Agreement and any conditions concerning the Shares relating to compliance with applicable federal or state securities laws), and the purchaser thereof shall acquire full and complete title and right to all of such Sharesthe shares, free and clear of any claims, liens and encumbrances of every nature (again, again except for the provisions of this Agreement and such securities laws).

Appears in 1 contract

Samples: Restricted Stock Agreement (Kofax Image Products Inc)

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Shares Free and Clear. All Shares purchased by the Company pursuant to this Agreement shall be delivered by Purchaser Optionee free and clear of all claims, liens and encumbrances of every nature (except the provisions of this Agreement and any conditions concerning the Shares relating to compliance with applicable federal or state securities laws), and the purchaser thereof shall acquire full and complete title and right to all of such the Shares, free and clear of any claims, liens and encumbrances of every nature (again, again except for the provisions of this Agreement and such securities laws).

Appears in 1 contract

Samples: Stock Option Agreement (TherOx, Inc.)

Shares Free and Clear. All Shares purchased by the Company pursuant --------------------- to this Agreement shall be delivered by Purchaser free and clear of all claims, liens and encumbrances of every nature (except the provisions of this Agreement and any conditions concerning the Shares relating to compliance with applicable federal or state securities laws), and the purchaser thereof shall acquire full and complete title and right to all of such Sharesthe shares, free and clear of any claims, liens and encumbrances of every nature (again, again except for the provisions of this Agreement and such securities laws).

Appears in 1 contract

Samples: Restricted Stock Purchase Agreement (Powerwave Technologies Inc)

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