Rights Ownership. Each Member is the beneficial owner of the equity rights, including, but not limited to, options, warrants, puts and the like, in Sierra Norte, as are set forth on Exhibit 10.2 hereto. The rights set forth on Exhibit 10.2 are owned by Members and will be assigned to PocketSpec free and clear of any claims, liens, and encumbrances or other restrictions which would in any way impair the entitlements represented thereby.
Appears in 3 contracts
Sources: Agreement and Plan of Reorganization (Pocketspec Technologies Inc), Agreement and Plan of Reorganization (Falcon Ridge Development Inc.), Agreement and Plan of Reorganization (New World Development, Inc.)