Common use of Derivative Securities Clause in Contracts

Derivative Securities. Any issued and outstanding options, convertible notes or other securities of Russoil that are exercisable or exchangeable for or convertible into, Russoil Common Stock shall have been exercised, converted or exchanged for Russoil Common Stock in a manner satisfactory to Russoil.

Appears in 2 contracts

Sources: Share Exchange Agreement (RussOil CORP), Share Exchange Agreement (RussOil CORP)

Derivative Securities. Any issued and outstanding options, convertible notes or other securities of Russoil that are exercisable or exchangeable for or convertible into, Russoil Common Stock shall have been exercised, converted or exchanged for Russoil Common Stock in a manner satisfactory to Russoilthe Company, the Stockholders, and the Gorstovoe Holder.

Appears in 1 contract

Sources: Share Exchange Agreement (RussOil CORP)

Derivative Securities. Any issued and outstanding options, convertible notes or other securities of Russoil that are exercisable or exchangeable for or convertible into, Russoil Common Stock shall have been exercised, converted or exchanged for Russoil Common Stock in a manner satisfactory to Russoilthe Company, and the Stockholders.

Appears in 1 contract

Sources: Share Exchange Agreement (RussOil CORP)