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Common use of Authorized Number of Shares Clause in Contracts

Authorized Number of Shares. The maximum number of shares of Preferred --------------------------- Stock shall be limited to Fifty Thousand (50,000) shares (the "Shares").

Appears in 2 contracts

Sources: Securities Purchase Agreement (Ustman Technologies Inc), Securities Purchase Agreement (Ustman Technologies Inc)

Related Clauses

  • Number of Shares
  • Maximum Number of Shares
  • Adjustment of Number of Shares
  • Adjustment of Exercise Price, Number of Shares or Number of Rights
  • Number of Shares; Exercise Price

Parent Clauses

  • Actions Prior to the Distribution
  • Cash Management; Consideration
  • Shares Subject to the Plan
  • Completion of the Distribution
  • Authorized Capital Capital Contributions and Loans
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