Options, Warrants and Rights. CALI has no options, warrants or stock appreciation rights related to the authorized but unissued CALI common stock. There are no existing options, warrants, calls, or commitments of any character relating to the authorized and unissued CALI common stock, except for 296,500 of the 11,550,000 CALI shares being exchanged pursuant to this Plan, which shares are held in treasury by CALI for issuance to employees pursuant to employee stock option plans.
Appears in 2 contracts
Sources: Agreement and Plan of Reorganization (Politics Com Inc), Agreement and Plan of Reorganization (Politics Com Inc)