Common use of Capital Structure, Due Authorization and Issuance Clause in Contracts

Capital Structure, Due Authorization and Issuance. The capital structure of the Corporation consists solely of 1,000,000 shares of $.10 par value capital stock of which 10,000 shares are and will be as of the Closing in Escrow Date and the Closing Date issued and outstanding. All issued and outstanding shares of the capital stock of the Corporation have been duly authorized and validly issued, are fully paid and non-assessable, and were issued in compliance with all federal and applicable state securities laws.

Capital Structure, Due Authorization and Issuance. The capital structure of the Corporation consists solely of 1,000,000 20,000 shares of $.10 10.00 par value capital stock of which 10,000 20,000 shares are and will be as of the Closing in Escrow Date and the Closing Date issued and outstanding. All issued and outstanding shares of the capital stock of the Corporation have been duly authorized and validly issued, are fully paid and non-assessable, and were issued in compliance with all federal and applicable state securities laws.

Capital Structure, Due Authorization and Issuance. The capital structure of the Corporation consists solely of 1,000,000 500,000 shares of $.10 .05 par value capital stock of which 10,000 256,857 shares are and will be as of the Closing in Escrow Date and the Closing Date issued and outstanding. All issued and outstanding shares of the capital stock of the Corporation have been duly authorized and validly issued, are fully paid and non-assessable, and were issued in compliance with all federal and applicable state securities laws.

Capital Structure, Due Authorization and Issuance. The capital structure of the Corporation consists solely of 1,000,000 1,000 shares of $.10 1.00 par value capital stock of which 10,000 1,000 shares are and will be as of the Closing in Escrow Date and the Closing Date issued and outstanding. All issued and outstanding shares of the capital stock of the Corporation have been duly authorized and validly issued, are fully paid and non-assessable, and were issued in compliance with all federal and applicable state securities laws.

Capital Structure, Due Authorization and Issuance. The capital structure of the Corporation consists solely of 1,000,000 200 shares of $.10 no par value capital stock of which 10,000 120 shares are and will be as of the Closing in Escrow Date and the Closing Date issued and outstanding. All issued and outstanding shares of the capital stock of the Corporation have been duly authorized and validly issued, are fully paid and non-assessable, and were issued in compliance with all federal and applicable state securities laws.

Capital Structure, Due Authorization and Issuance. The capital structure of the Corporation consists solely of 1,000,000 100,000 shares of $.10 .01 par value capital stock of which 10,000 50,000 shares are and will be as of the Closing in Escrow Date and the Closing Date issued and outstanding. All issued and outstanding shares of the capital stock of the Corporation have been duly authorized and validly issued, are fully paid and non-assessable, and were issued in compliance with all federal and applicable state securities laws.

Capital Structure, Due Authorization and Issuance. The capital structure of the Corporation consists solely of 1,000,000 10,000 shares of $.10 10.00 par value capital stock of which 10,000 shares are and will be as of the Closing in Escrow Date and the Closing Date issued and outstanding. All issued and outstanding shares of the capital stock of the Corporation have been duly authorized and validly issued, are fully paid and non-assessable, and were issued in compliance with all federal and applicable state securities laws.

Capital Structure, Due Authorization and Issuance. The capital structure of the Corporation consists solely of 1,000,000 15,000 shares of $.10 .01 par value capital stock of which 10,000 9,100 shares are and will be as of the Closing in Escrow Date and the Closing Date issued and outstanding. All issued and outstanding shares of the capital stock of the Corporation have been duly authorized and validly issued, are fully paid and non-assessable, and were issued in compliance with all federal and applicable state securities laws.

Capital Structure, Due Authorization and Issuance. The capital structure of the Corporation consists solely of 1,000,000 50,000 shares of $.10 1.00 par value capital stock of which 10,000 500 shares are and will be as of the Closing in Escrow Date and the Closing Date issued and outstanding. All issued and outstanding shares of the capital stock of the Corporation have been duly authorized and validly issued, are fully paid and non-assessable, and were issued in compliance with all federal and applicable state securities laws.

Capital Structure, Due Authorization and Issuance. The capital structure of the Corporation consists solely of 1,000,000 100,000 shares of $.10 .01 par value capital stock of which 10,000 5,925.5 shares are and will be as of the Closing in Escrow Date and the Closing Date issued and outstanding. All issued and outstanding shares of the capital stock of the Corporation have been duly authorized and validly issued, are fully paid and non-assessable, and were issued in compliance with all federal and applicable state securities laws.

Capital Structure, Due Authorization and Issuance. The capital structure of the Corporation consists solely of 1,000,000 15,000 shares of $.10 no par value capital stock of which 10,000 100 shares are and will be as of the Closing in Escrow Date and the Closing Date issued and outstanding. All issued and outstanding shares of the capital stock of the Corporation have been duly authorized and validly issued, are fully paid and non-assessable, and were issued in compliance with all federal and applicable state securities laws.