Authorization and Issuance. The Company is authorized to issue 3,000 shares of Common Stock. Each Stockholder represents and warrants that it the owner of the number and class of Shares set forth opposite his or her name on Schedule A hereto, free and clear of all liens, security interests, pledges, charges, encumbrances, voting trusts and other similar rights of any kind or nature whatsoever other than those created by this Agreement.
Appears in 2 contracts
Sources: Stockholders' Agreement (Hotel Outsource Management International Inc), Stockholders' Agreement (Hotel Outsource Management International Inc)