Original Issue Shares definition
Examples of Original Issue Shares in a sentence
Subject to the terms of this Agreement, Logitech proposes to sell, at Closing, an aggregate of 2,500,000 shares (the “Secondary Shares”, and together with the Original Issue Shares, the “Shares”) of the Company’s Series B Preferred Stock, par value $0.00001 per share (the “Secondary Series B Preferred”, and together with the Original Issue Series B Preferred, the “Series B Preferred”) to the Investors at the Purchase Price.
By: Name: Title: By: Name: Title: Each of the following individuals own the number of Shares of VGE Common Stock reflected adjacent to his, her or its name: Sung 5,630,000* 5,630,000 #▇, #▇, #▇▇, #▇▇ ▇▇▇▇▇ 350,000 350,000 #49, #50 ▇▇▇▇▇ 200,000 200,000 #43, #44 ▇▇▇ 200,000 200,000 #55, #56 Green Solutions Group Ltd 526,000 126,000 #47, #48 (20,800 shares of 420,800) *Comprised of the Reversion Shares and the Sung Original Issue Shares (as defined below).
The Company has all requisite corporate power and authority to own and operate its properties and assets, to carry on its business as presently conducted and as presently contemplated to be conducted, to execute and deliver the Agreements, to issue and sell the Original Issue Shares and the Conversion Shares and to perform its obligations pursuant to the Agreements and the Restated Certificate.
All corporate action on the part of the Company and its directors, officers and stockholders necessary for the authorization, execution and delivery of the Agreements (including the Restructuring Plan) by the Company, the authorization, sale, issuance and delivery of the Original Issue Shares and the Conversion Shares, and the performance of all of the Company’s obligations under the Agreements (including the Restructuring Plan) has been taken or will be taken prior to the Closing.
At the Closing, the Company will deliver to each Investor in the Closing a certificate registered in such Investor’s name representing the number of Original Issue Shares that such Investor is purchasing in the Closing against payment of the purchase price therefor as set forth in the column designated “Purchase Price” opposite such Investor’s name on the Schedule of Investors, by wire transfer in accordance with the Company’s instructions.