Common use of Stockholder Approval; Dissenting Shares Clause in Contracts

Stockholder Approval; Dissenting Shares. This Agreement and the Merger shall have received the requisite approval of Opticon's stockholders in accordance with the Iowa Business Corporation Act and the number of shares of Opticon Stock as to which Dissenter's Rights have been exercised shall not exceed 5% of the number of outstanding shares of Opticon Stock.

Appears in 2 contracts

Samples: Agreement (Immune Response Inc), Agreement (Immune Response Inc)

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Stockholder Approval; Dissenting Shares. This Agreement and the Merger shall have received the requisite approval of Opticon's stockholders stockholders, in accordance with the Iowa Business Corporation Act Act, and the number of shares of Opticon Stock as to which Dissenter's Dissenters Rights have been properly exercised shall not exceed 5% of the number of outstanding shares of Opticon Stock.

Appears in 2 contracts

Samples: Agreement (Immune Response Inc), Agreement (Immune Response Inc)

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