Exempt Issuance Definition Example with 5 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. Means the issuance of (a) shares of Common Stock or options to employees, consultants, 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 or a majority of the members of a committee of non-employee directors established for such purpose, (b) securities upon the exercise or exchange of or conversion of any Warrants issued in the Offering and/or other securities exercisable or exchangeable for... or convertible into shares of Common Stock issued and outstanding on the date of this Warrant, provided that such securities have not been amended since the date of this Warrant to increase the number of such securities or to decrease the exercise price, exchange price or conversion price of such securities and (c) securities issued pursuant to acquisitions or strategic transactions approved by a majority of the disinterested directors of the Company, provided that any such issuance shall not include a transaction in which the Company is issuing securities primarily for the purpose of raising capital or to an entity whose primary business is investing in securities.View More
Exempt Issuance. Means the issuance of (a) shares of Common Stock or options to employees, consultants, officers officers, directors, advisors or directors independent contractors of the Company pursuant to any stock or option plan duly adopted Company; provided, however, that such issuance is approved by a majority of the non-employee members board of directors of the Board Company, (b) shares of Directors Common Stock, warrants or a majority options to advisors or independent contractors of the members of a... committee of non-employee directors established Company for such purpose, (b) compensatory purposes, (c) securities upon the exercise or exchange of or conversion of any Warrants securities issued in the Offering hereunder and/or other securities exercisable or exchangeable for or convertible into shares of Common Stock issued and outstanding on the date of this Warrant, hereof, provided that such securities have not been amended since the date of this Warrant hereof to increase the number of such securities or to decrease the exercise price, exchange price or conversion price of such securities, (d) securities issuable pursuant to any contractual anti-dilution obligations of the Company in effect as of the date hereof, provided that such obligations have not been materially amended since the date of hereof, and (c) (e) securities issued pursuant to acquisitions or any other strategic transactions approved by a majority of the disinterested directors members of the Company, Board of Directors, provided that any such issuance shall not include a transaction in which the Company is issuing securities primarily for the purpose of raising capital or to an entity whose primary business is investing in securities. View More
Exempt Issuance. Means means the issuance of (a) shares of Common Stock or options (i) to employees, consultants, officers or directors of the Company pursuant to any stock or option plan duly adopted and in effect as of the date hereof or (ii) duly adopted after the date hereof by a majority of the non-employee members of the Board of Directors or a majority of the members of a committee of non-employee directors established for such purpose, (b) securities shares of Common Stock upon the exercise or exchange... of or conversion of any the Warrants issued in the Offering and/or other securities exercisable or exchangeable for or convertible into shares of Common Stock issued and outstanding on the date of this Warrant, provided that such securities have not been amended since the date of this Warrant to increase the number of such securities or to decrease the exercise price, exchange price or conversion price of such securities and (c) securities issued pursuant to acquisitions or strategic transactions approved by a majority of the disinterested directors of the Company, provided that any such issuance shall only be to a Person (or to the equityholders of a Person) which is, itself or through its subsidiaries, an operating company or an asset in a business related to the business of the Company and shall provide to the Company additional benefits in addition to the investment of funds, but shall not include a transaction in which the Company is issuing securities primarily for the purpose of raising capital or to an entity whose primary business is investing in securities. View More
Exempt Issuance. Means means the issuance of (a) shares of Common Stock or options to employees, consultants, officers officers, directors, advisors or directors independent contractors of the Company pursuant to any stock or option plan duly adopted Company; provided. however, that such issuance is approved by a majority of the non-employee members board of directors of the Board Company, (b) shares of Directors Common Stock, warrants or a majority options to advisors or independent contractors of the members... of a committee of non-employee directors established Company for such purpose, (b) compensatory purposes, (c) securities upon the exercise or exchange of or conversion of any Warrants securities issued in the Offering hereunder and/or other securities exercisable or exchangeable for or convertible into shares of Common Stock issued and outstanding on the date of this Warrant, hereof, provided that such securities have not been amended since the date of this Warrant hereof to increase the number of such securities or to decrease the exercise price, exchange price or conversion price of such securities, (d) securities issuable pursuant to any contractual anti-dilution obligations of the Company in effect as of the date hereof, provided that such obligations have not been materially amended since the date of hereof, and (c) (e) securities issued pursuant to acquisitions or any other strategic transactions approved by a majority of the disinterested directors members of the Company, Board of Directors, provided that any such issuance shall not include a transaction in which the Company is issuing securities primarily for the purpose of raising capital or to an entity whose primary business is investing in securities. View More
Exempt Issuance. Means the issuance of (a) shares of Common Stock or options to employees, consultants, officers officers, directors, advisors or directors independent contractors of the Company pursuant to any stock or option plan duly adopted Company; provided. however, that such issuance is approved by a majority of the non-employee members board of directors of the Board Company, (b) shares of Directors Common Stock, warrants or a majority options to advisors or independent contractors of the members of a... committee of non-employee directors established Company for such purpose, (b) compensatory purposes, (c) securities upon the exercise or exchange of or conversion of any Warrants securities issued in the Offering hereunder and/or other securities exercisable or exchangeable for or convertible into shares of Common Stock issued and outstanding on the date of this Warrant, hereof, provided that such securities have not been amended since the date of this Warrant hereof to increase the number of such securities or to decrease the exercise price, exchange price or conversion price of such securities, (d) securities issuable pursuant to any contractual anti-dilution obligations of the Company in effect as of the date hereof, provided that such obligations have not been materially amended since the date of hereof, and (c) (e) securities issued pursuant to acquisitions or any other strategic transactions approved by a majority of the disinterested directors members of the Company, Board of Directors, provided that any such issuance shall not include a transaction in which the Company is issuing securities primarily for the purpose of raising capital or to an entity whose primary business is investing in securities. View More
Exempt Issuance. Means means the issuance of (a) shares of Common Stock or options to employees, consultants, officers officers, consultants or directors of the Company pursuant to any stock or option plan duly adopted for such purpose, by a majority of the non-employee members of the Board of Directors or a majority of the members of a committee of non-employee directors established for such purpose, purpose for services rendered to the Company, (b) securities upon the exercise or exchange of or conversion of... any Warrants Securities issued in the Offering hereunder, and/or other securities exercisable or exchangeable for or convertible into shares of Common Stock issued and outstanding on the date of this Warrant, Agreement, provided that such securities have not been amended since the date of this Warrant Agreement to increase the number of such securities or to decrease the exercise price, exchange price or conversion price of such securities (other than in connection with stock splits or combinations), and (c) securities issued pursuant to acquisitions or strategic transactions approved by a majority of the disinterested directors of the Company, provided that any such issuance shall only be to a Person (or to the equityholders of a Person) which is, itself or through its subsidiaries, an operating company or an owner of an asset in a business synergistic with the business of the Company and shall provide to the Company additional benefits in addition to the investment of funds, but shall not include a transaction in which the Company is issuing securities primarily for the purpose of raising capital or to an entity whose primary business is investing in securities. View More
