Reservation of Shares Clause Example from Business Contracts

This example Reservation of Shares clause appears in 3 contracts from 2 companies

Reservation of Shares. At all times during which this Note is convertible, the Issuer will reserve from its authorized and unissued Common Stock to provide for the issuance of Common Stock upon the full conversion of this Note. The Issuer will at all times reserve at least 2,500,000 shares of Common Stock for conversion.
Found in HYDROCARB ENERGY CORP contract
N-VIRO INTERNATIONAL CORP Contracts

CONVERTIBLE PROMISSORY NOTE (Filed With SEC on July 25, 2016)

CONVERTIBLE PROMISSORY NOTE (Filed With SEC on October 24, 2016)

HYDROCARB ENERGY CORP Contracts

HECC (Filed With SEC on August 4, 2015)