Permitted Stock Sales
Permitted Stock Sales. Means any one or more of the following: (i) the grant or issuance of Common Stock or any option, warrant or other right to purchase Common Stock (or securities exercisable or convertible therefore) to any employee or consultant of the Company pursuant to a plan authorized by the Board of Directors or otherwise pursuant to authority of the Board of Directors; or (ii) the issuance of any Common Stock upon exercise or conversion of any right, warrant, option or contract outstanding as of the date...
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Found in
CORGENIX MEDICAL CORP contract