Common use of Excluded Stock Clause in Contracts

Excluded Stock. Excluded Stock" shall mean (1) all shares of Common Stock issued by the Company on or prior to January 28,1998, (2) shares of Common Stock to be issued from time to time pursuant to stock options granted by the Company on or prior to January 28, 1998, (3) shares of Common Stock to be issued from time to time pursuant to warrants issued by the Company on or prior to January 28, 1998, (4) shares of Common Stock which may be issued to directors, officers or employees of the Company or its subsidiaries pursuant to employment agreements, incentive

Appears in 1 contract

Sources: Warrant Agreement (Acr Group Inc)

Excluded Stock. Excluded Stock" shall mean (1) all shares of Common Stock issued by the Company on or prior to January 28,1998, (2) shares of Common Stock to be issued from time to time pursuant to stock options granted by the Company on or prior to January 28, 1998, (3) shares of Common Stock to be issued from time to time pursuant to warrants issued by the Company on or prior to January 28, 1998, (4) shares of Common Stock which may be issued to directors, officers or employees of the Company or its subsidiaries pursuant to employment agreements, incentiveby

Appears in 1 contract

Sources: Warrant Agreement (Acr Group Inc)