Exempt Issuance
Exempt Issuance. The issuance of (a) shares of Common Stock or options (i) to employees, 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, and (b) the issuance of any shares of Common Stock pursuant to any option, warrant, right or...
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Found in
Globalstar, Inc. contract
Exempt Issuance. Means the issuance of (a) shares of Common Stock or options to employees, officers or directors of the Company pursuant to any stock or option plan duly adopted for such purpose by the Company's board of directors or a committee of the Company's board of directors established for such purpose and (b) securities exercisable or exchangeable for or convertible into shares of Common Stock issued and outstanding on the Original Issue Date, provided that such securities have not been amended since...
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GROWLIFE, INC. contract
Exempt Issuance. Means the issuance of (a) shares of Common Stock or Common Stock Equivalents of the Company issued pursuant any Approved Stock Plan, provided that all such issuances do not, in the aggregate, exceed over the 12 month period following the Closing Date, more than 10% of the sum of the shares of Common Stock issued and outstanding immediately prior to the Closing Date, (b) securities upon the exercise of or conversion of any securities issued hereunder and/or other securities exercisable or...
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BLACKSANDS PETROLEUM, INC. contract
Exempt Issuance. The issuance of (i) securities of the Company to officers, directors, employees of or consultants to the Company pursuant to compensatory arrangements (whether or not pursuant to a plan), (ii) securities issued pursuant to acquisitions or strategic transactions approved by a majority of the disinterested directors of the Company, (iii) shares of Common Stock issued in connection with regularly scheduled dividend payments on any preferred stock of the Company, (iv) shares of Common Stock issued...
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Exempt Issuance. Means the issuance of (a) shares of Common Stock, options, restricted stock units or other equity awards to employees, officers, directors or consultants 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 for services rendered to the Company, (b) securities upon the exercise or exchange of or...
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Exempt Issuance. The issuance of (a) shares of Common Stock, restricted stock or restricted stock units, or options to employees, officers 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 of the Company or a majority of the members of a committee of non-employee directors established for such purpose for services rendered to the Company, (b) securities upon the exercise or exchange of or conversion...
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COMMUNICATIONS SYSTEMS INC contract
Exempt Issuance. The issuance of all shares of Common Stock and Common Stock Equivalents actually issued by the Company on or after the date hereof: (A) upon conversion of this Warrant; (B) upon issuance and/or conversion of the Promissory Note contemplated by the Purchase Agreement; (C) pursuant to the exercise of options, warrants or other common stock purchase rights issued (or to be issued) to employees, officers or directors of, or (so long as the value or exercise price of such issuances of securities is...
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BRAIN SCIENTIFIC INC. contract
Exempt Issuance. A new subsection is added to the end of the first sentence which shall read "and each of the Offering, the Note Amendment and the issuance of the Waiver Warrants as defined in that certain Amendment, Waiver and Consent, dated July 22, 2019, by and among the Company and the Investors identified on the signature pages thereto."
Exempt Issuance. A new subsection (h) is added to the first sentence which shall read "(h) the Financing as defined in that certain Amendment, Waiver and Consent, dated February 14, 2019, by and among the Company and the Purchasers identified on the signature pages thereto."
Exempt Issuance. The issuance of (a) shares of Common Stock, options or restricted stock units to employees, officers, directors or eligible service providers of the Corporation 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 for services rendered to the Corporation, provided that such issuances to service providers are issued...
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Found in
Tenon Medical, Inc. contract
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