Shares

Shares. Means (i) the Non-Voting Common Stock, prior to the consummation of an Initial Public Offering, and (ii) the Voting Common Stock, from and after the consummation of an Initial Public Offering.

Shares. Means the Company's common shares, $0.0002 par value per share (as such par value may be adjusted from time to time), or any shares or securities issued in respect thereof by the Company or any successor to the Company as a result of an event described in Section 13(f).

Shares. Common shares without par value in the capital of the Corporation

Shares. Shares of Series C Cumulative, Convertible Preferred Stock described below in Paragraph 2.1 to be issued by Pernix as a result of this transaction.

Shares. Collectively, the Key Holder Shares and Preferred Holder Shares.

Shares. Shares of Common Stock of the Company, adjusted in accordance with Section 16 of the Plan

Shares. Shall mean 1,500,000 shares of common stock of the Purchaser.

Shares. Means shares of common stock of the Company to determine the amount of an award under the Plan. The value of the common stock shall be determined for purposes of calculating the benefits payable under the Plan at any relevant time by subtracting the Threshold Value applicable to such common stock as set forth in the Award Agreement from the Fair Market Value of the Common Stock on the Vesting Date (as defined below).

Shares. The shares of Series Preferred of Company issuable upon exercise of this Warrant

Shares. (i) shares of the Company's common stock, par value $0.05 per share, or (ii) any securities issued in respect of or in substitution for the Company's common stock in connection with any stock split, dividend or combination, or any reclassification, recapitalization, merger, consolidation, exchange or similar reorganization.