Exempt Issuance Definition Example with 24 Variations

This page contains an example definition of Exempt Issuance, followed by definitions with minor variations. You can view the differences between the example and variations by selecting the "Show Differences" option.
Exempt Issuance. The issuance of (i) shares of Common Stock or options to employees, officers, or directors of the Company pursuant to any stock or option plan duly adopted by a majority of the non-employee members of the Board of Directors of the Company or a majority of the members of a committee of non-employee directors established for such purpose, and (ii) shares of Common Stock issued pursuant to real property leasing arrangement from a bank approved by the Board of Directors of the Company.

Variations

Exempt Issuance. The the issuance of (i) shares of Common Stock or options to employees, officers, directors or directors consultants of the Company pursuant to any stock or option plan duly adopted by a majority of the non-employee members of the Board of Directors of the Company or a majority of the members of a committee of non-employee directors established for such purpose, purpose (for the avoidance of doubt, including the Company's 2015 Associate Stock Purchase Plan intended to qualify under Section 422... of the Internal Revenue Code of 1986), (ii) any securities upon the exercise or conversion of any securities issued pursuant to the Purchase Agreement, (iii) any Common Stock upon the exercise or conversion of securities that are issued and (ii) outstanding as of the date of the Purchase Agreement, (iv) securities issued pursuant to acquisitions or strategic transactions approved by a majority of the disinterested directors of the Company, (v) shares of Common Stock issued in connection with regularly scheduled dividend payments on the Series A Preferred Stock, and (vi) shares of Common Stock issued pursuant to any loan or leasing arrangement, real property leasing arrangement arrangement, or debt financing from a bank approved by the Board of Directors of the Company. View More
Exempt Issuance. The the issuance of (i) shares of Common Stock or options to employees, officers, or directors of the Company pursuant to any stock or option plan duly adopted by a majority of the non-employee members of the Board of Directors of the Company or a majority of the members of a committee of non-employee directors established for such purpose, (ii) securities issued pursuant to acquisitions or strategic transactions approved by a majority of the disinterested directors of the Company, and (ii) (iii) shares of Common Stock issued pursuant to any loan or leasing arrangement, real property leasing arrangement arrangement, or debt financing from a bank approved by the Board of Directors of the Company. View More
Exempt Issuance. The the issuance of (i) shares of Common Stock or options to employees, officers, officers or directors of the Company pursuant to any stock or option plan duly adopted by a majority of the non-employee members of the Board of Directors of the Company or a majority of the members of a committee of non-employee directors established for such purpose, (ii) shares of Common Stock issued in connection with regularly scheduled dividend payments on any preferred stock of the Company, and (ii) (iii)... shares of Common Stock issued pursuant to any real property leasing arrangement from a national bank approved by the Board of Directors of the Company. View More
Exempt Issuance. The the issuance of (i) shares of Common Stock or options to employees, officers, or directors of the Company pursuant to any stock or option plan duly adopted by a majority of the non-employee members of the Board of Directors of the Company or a majority of the members of a committee of non-employee directors established for such purpose, (ii) securities issued pursuant to acquisitions approved by a majority of the disinterested directors of the Company, and (ii) (iii) shares of Common Stock... issued pursuant to any real property leasing arrangement or debt financing from a bank approved by the Board of Directors of the Company. Company View More
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