Company: EHSI
Filing Date: 2025-09-02
Form Type: PRE 14A
Source: 0001437749-25-028137
Chunk: 69

Company: Elite Health Systems Inc.
Filing Date: 2025-09-02
Form: PRE 14A
Chunk 69
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HSI enforceable against EHSI in accordance with their respective terms. 11 Section 4.02 Capitalization. (a) Without giving effect to the issuance of the New EHSI Shares as contemplated under this Agreement, the authorized capital stock of the EHSI consists of 100 shares of Common Stock, par value $.01 per share, all of which are issued and outstanding prior to giving effect to the issuance of the New EHSI Shares. All of the EHSI Shares currently outstanding have been duly authorized, are validly issued, fully paid and nonassessable. When issued and delivered in accordance with the terms of this Agreement, the New EHSI Shares shall be validly issued, fully paid and non-assessable shares of EHSI and the Shareholders shall own the New EHSI Shares, free and clear of all Encumbrances. (b) All of the EHSI Shares were issued in compliance with applicable Laws. None of the Company Shares were issued in violation of any agreement or commitment to which EHSI is a party or is subject to or in violation of any preemptive or similar rights of any individual, corporation, partnership, joint venture, limited liability company, Governmental Authority, unincorporated organization, trust, association, or other entity (each, a " Person"). (c) There are no outstanding or authorized options, warrants, convertible securities, stock appreciation, phantom stock, profit participation, or other rights, agreements, or commitments relating to the capital stock of EHSI or obligating EHSI to issue or sell any shares of, or any other interest in, the Company, other than as contemplated under this Agreement with respect to the New EHSI Shares. There are no voting trusts, shareholder agreements, proxies, or other agreements in effect with respect to the voting or transfer of any of the EHSI Shares. Section 4.03 No Conflicts; Consents.The execution, delivery, and performance by EHSI of this Agreement and the other Transaction Documents to which it is a party, and the consummation of the transactions contemplated hereby and thereby, do not and will not: (a) violate or conflict with any provision of the certificate of incorporation, by-laws, or other governing documents of EHSI; (b) violate or conflict with any provision of any Law or Governmental Order applicable to EHSI; or (c) require the consent, notice, declaration, or filing with or other action