Capitalization; Structure; No Investments. The authorized capital stock of the Company consists of 300,000 shares of common stock, par value $.01 per share, of which 60,000 shares are issued and outstanding. All of the issued and outstanding shares of the Company's capital stock are validly issued, fully paid and nonassessable and owned by the Shareholder. There are no outstanding obligations, options, warrants or other rights of any kind to acquire shares of capital stock of any class of the Company or any interest in the Company or any of its businesses.
Appears in 2 contracts
Sources: Stock Purchase Agreement (Chase Corp), Stock Purchase Agreement (Chase Corp)