Examples of SWC Common Stock in a sentence
When and as delivered to the Seller, the certificates representing the SWC Common Stock will vest title to the SWC Common Stock in the Seller, free and clear of all encumbrances of any character except such restrictions upon resale as may exist under federal or state securities laws and the indemnification provisions of Section 8 of this Agreement.
In the event of an SWC Change of Control that occurs beyond three (3) years after the Effective Date, SWC would purchase all of RTNT's remaining shares of Company Common Stock for that number of shares of SWC Common Stock determined in accordance with Section 4.1.
The next meeting would tentatively be held by the end of December 2004 with a date to be fixed.
At the First Closing, the Buyer --------------------- shall deliver Ninety Five Thousand (95,000) fully paid and nonassessable shares of SWC Common Stock to the Seller in consideration of One Hundred and Eighty (180) shares of the common stock, par value $1.00, of WUC, which together with the 284 shares already owned by SWUC, constitute eighty percent (80%) of all of the issued and outstanding capital stock of WUC.
SWUC may, at its sole option, require RTNT to sell all of the shares of Company Common Stock then held by RTNT ("Call Right") for 240,000 shares of SWC Common Stock at any time that the Share Price exceeds $25 per share.
The SWC Common Stock, when issued ---------------- pursuant hereto, will be legally and validly authorized and issued, fully paid and non-assessable, and will not have been issued in violation of the preemptive rights of any person.
In no event shall the number of shares of SWC Common Stock delivered to RTNT to purchase all of RTNT's remaining shares of Company Common Stock under this Section 4.3 be less than 240,000 nor more than 450,000.