Common use of Certain Information With Clause in Contracts

Certain Information With. Respect to the Capital Stock of the Company and Purchaser. The respective designations and numbers of outstanding shares and voting rights of each class of outstanding capital stock of the Company and Purchaser as of the date of this Agreement are as follows: (i) as of the date of this Agreement, the authorized and outstanding capital stock of the Company is as set forth on Schedule 2.4 hereto; and (ii) immediately prior to the Closing Date, the authorized capital stock of Purchaser will consist of 40 million shares of DocuNet Common Stock, of which the number of issued and outstanding shares will be set forth in the Registration Statement, and 10 million shares of preferred stock, $.01 par value, of which no shares will be issued and outstanding.

Appears in 2 contracts

Sources: Agreement and Plan of Reorganization (Imagemax Inc), Merger Agreement (Imagemax Inc)