Deposit of Certificates. Purchaser irrevocably authorizes the Company to deposit with you any certificates evidencing the Stock to be held by you hereunder and any additions and substitutions to said shares as defined in the Agreement and the Security Agreement. Purchaser does hereby irrevocably constitute and appoint you as his attorney-in-fact and agent for the term of this escrow to execute with respect to such securities all documents necessary or appropriate to make such securities negotiable and to complete any transaction herein contemplated, including but not limited to the filing with the Department of Corporations of the State of California of an Application for Consent to Transfer Securities Subject to Legend or Escrow Condition Pursuant to Section 25151 of the California Corporate Securities Law of 1968, if required. Subject to the provisions of this Section 4, Purchaser shall exercise all rights and privileges of a shareholder of the Company while the Stock is held by you.
Appears in 2 contracts
Sources: Restricted Stock Purchase Agreement (Heska Corp), Restricted Stock Purchase Agreement (Heska Corp)
Deposit of Certificates. Purchaser irrevocably authorizes the Company to deposit with you any certificates evidencing the Stock to be held by you hereunder and any additions and substitutions to said shares as defined in the Agreement and the Security Agreement. Purchaser does hereby irrevocably constitute and appoint you as his attorney-in-fact and agent for the term of this escrow to execute with respect to such securities all documents necessary or appropriate to make such securities negotiable and to complete any transaction herein contemplated, including but not limited to the filing with the Department of Corporations of the State of California of an Application for Consent to Transfer Securities Subject to Legend or Escrow Condition Pursuant to Section 25151 of the California Corporate Securities Law of 1968, if required. Subject to the provisions of this Section 43, Purchaser shall exercise all rights and privileges of a shareholder of the Company while the Stock is held by you.
Appears in 1 contract
Sources: Restricted Stock Purchase Agreement (3dfx Interactive Inc)