Authorized Shares

Example Definitions of "Authorized Shares"
Authorized Shares. Means the maximum aggregate number of shares of Common Stock specified in Section 3(a) as being authorized for issuance and sale under Options granted pursuant to the Plan, subject to adjustment thereof in accordance with Section 12 of the Plan.
Authorized Shares. The total number of shares which the charter or articles of incorporation permits the Company to sell.
Authorized Shares. Any Shares authorized for issuance under this Plan under Section 3.1 of the Plan since its inception, as that number may increase from time to time.
Authorized Shares. As of the Effective Date, clause (i) of Section 1(g) of the Warrants shall be deleted.
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