Management Issuance

Management Issuance. Means any issuance by the Corporation of any shares of Common Stock, or any rights, options or warrants directly or indirectly to purchase shares of Common Stock, pursuant to any employee benefit plan of the Corporation or its subsidiaries, or pursuant to any employment agreement or arrangement between the Corporation (or its subsidiaries) and any employee thereof, approved by the Board of Directors of the Corporation, which issuances, if any, in the aggregate shall not exceed five percent (5%)... of the outstanding shares of Common Stock on a fully diluted basis. View More