Common use of Authorization of the Preferred Stock Clause in Contracts

Authorization of the Preferred Stock. The Company shall authorize the issuance and sale to the Purchasers of 30,000 shares of its Series A Preferred Stock, par value $.01 per share (the "Preferred Stock"), having the rights and preferences set forth in Exhibit A attached hereto. The Preferred Stock is convertible into shares of the Company's Common Stock, par value $.01 per share (the "Common Stock").

Appears in 1 contract

Samples: Preferred Stock Purchase Agreement (Gevity Hr)

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Authorization of the Preferred Stock. The Company shall (prior ------------------------------------ to Closing, as defined below) authorize the issuance and sale to the Purchasers of 30,000 20,000 shares of its Series A A-2 Preferred Stock, par value $.01 per share (the "Preferred Stock"), having the rights and preferences set forth in the --------------- Second Restated Certificate of Incorporation attached as Exhibit A attached hereto. The Preferred Stock is convertible into shares of the Company's Common Stock, par value $.01 per share (the "Common Stock").---------

Appears in 1 contract

Samples: Stock Purchase Agreement (Ziff Davis Media Inc)

Authorization of the Preferred Stock. The Company shall authorize the issuance and sale to the Purchasers of 30,000 210,577 shares of its Series A B Convertible Preferred Stock, par value $.01 per share (the "Preferred Stock"), having the rights and preferences set forth in Exhibit A attached hereto. The Preferred Stock is convertible into shares of the Company's Common Stock, par value $.01 per share (the "Common Stock").

Appears in 1 contract

Samples: Purchase Agreement (Digital Entertainment Network Inc)

Authorization of the Preferred Stock. The Company shall ------------------------------------ authorize the issuance and sale to the Purchasers Purchaser of 30,000 6,165,422 shares of its Series A C Convertible Preferred Stock, par value $.01 per share (the "Preferred Stock"), having the rights and preferences set forth in Exhibit A attached --------- hereto. The Preferred Stock is convertible into shares of the Company's Common Stock, par value $.01 .05 per share (the "Common Stock").

Appears in 1 contract

Samples: Purchase Agreement (Internet Capital Group Inc)

Authorization of the Preferred Stock. The Company shall (prior to ------------------------------------ Closing, as defined below) authorize the issuance and sale to the Purchasers of 30,000 14,250.00 shares of its Series A B Preferred Stock, par value $.01 per share and 750.00 shares of its Series C Preferred Stock (collectively, the "Preferred Purchased Stock"), having the --------------- rights and preferences set forth in the Third Restated Certificate of Incorporation attached as Exhibit A attached hereto. The Preferred Stock is convertible into shares of the Company's Common Stock, par value $.01 per share (the "Common Stock").---------

Appears in 1 contract

Samples: Stock Purchase Agreement (Ziff Davis Media Inc)

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Authorization of the Preferred Stock. The Company shall authorize the issuance and sale to the Purchasers of 30,000 50,000 shares of its Series A Redeemable Voting Convertible Preferred Stock, par value $.01 0.01 per share (the "Preferred Stock"), having the rights and preferences set forth with respect thereto in the Certificate of Designation attached hereto as Exhibit A attached hereto. A. The Preferred Stock is convertible into shares of the Company's Common Stock, par value $.01 0.01 per share (the "Common Stock"), in the manner and upon the terms and conditions set forth in the Certificate of Designation.

Appears in 1 contract

Samples: Preferred Stock Purchase and Loan Commitment Agreement (Focal Communications Corp)

Authorization of the Preferred Stock. The Company shall authorize the issuance and sale to the Purchasers of 30,000 50,000 shares of its Series A B Preferred Stock, par value $.01 per share (the "Preferred Stock"), having the rights and preferences set forth in the Certificate of Designations attached hereto as Exhibit A attached hereto. A. The Preferred Stock is convertible into shares of the Company's ’s Common Stock, par value $.01 per share (the "Common Stock").

Appears in 1 contract

Samples: Preferred Stock Purchase Agreement (Thoma Cressey Equity Partners Inc)

Authorization of the Preferred Stock. The Company shall authorize the issuance and sale to the Purchasers of 30,000 50,000 shares of its Series A B Preferred Stock, par value $.01 per share (the "Preferred Stock"), having the rights and preferences set forth in the Certificate of Designations attached hereto as Exhibit A attached hereto. A. The Preferred Stock is convertible into shares of the Company's Common Stock, par value $.01 per share (the "Common Stock").

Appears in 1 contract

Samples: Preferred Stock Purchase Agreement (Jda Software Group Inc)

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