Common use of Authorization of Series F Preferred Stock Clause in Contracts

Authorization of Series F Preferred Stock. OCG has, or before the Closing will have, duly created a series of the authorized shares of its preferred stock, designated Series F Preferred Stock (the "OCG Series F Stock") and having the rights, restrictions, privileges and preferences set forth in the form of Certificate of Designation Creating Series F Preferred Stock (the "Certificate of Designations") attached as Exhibit A to this Agreement. OCG also has, or before the Closing will have, duly authorized the issuance and sale of shares of OCG Series F Stock pursuant to the Merger.