Common use of Authorized Amount Clause in Contracts

Authorized Amount. There are hereby authorized 25,000,000 shares of Series A Preferred Stock, subject to this Description. The Series A Preferred shall have a $0.0001 par value per share and a $10.00 liquidation or stated value per share (the “Stated Value”).

Authorized Amount. There are hereby authorized 25,000,000 shares of Series A Preferred StockShares, subject to this Description. The Series A Preferred shall have a $0.0001 par value per share and a $10.00 liquidation or stated value per share (the “Stated Value”).