Reservation of Shares Clause Example from Business Contracts

This example Reservation of Shares clause appears in 17 contracts from 5 companies

Reservation of Shares. At all times during which this Note is convertible, the Borrower shall reserve from its authorized and unissued Common Stock a sufficient number of shares, free from preemptive rights, to provide for the issuance of Common Stock upon the full conversion of this Note.
BioSolar Inc Contracts

Form of Promissory Note (Filed With SEC on February 27, 2018)

CONVERTIBLEPROMISSORY NOTE $500,000 (Filed With SEC on April 7, 2016)

Digital Locations, Inc. Contracts

Form of Promissory Note (Filed With SEC on December 19, 2017)