Class M Stockholders Clause Samples

The 'Class M Stockholders' clause defines the rights, privileges, and obligations of holders of a specific class of company stock, typically designated as Class M. This clause outlines how Class M shares differ from other classes, such as in voting power, dividend rights, or conversion features, and may specify eligibility criteria or transfer restrictions for these stockholders. Its core practical function is to clearly delineate the unique position of Class M stockholders within the company's capital structure, thereby preventing disputes and ensuring all parties understand the implications of holding this class of shares.
Class M Stockholders. The registered holders of the Class M Shares. Code. Internal Revenue Code of 1986, as amended from time to time, or any successor statute thereto. Reference to any provision of the Code shall mean such provision as in effect from time to time, as the same may be amended, and any successor provision thereto, as interpreted by any applicable regulations as in effect from time to time.
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Class M Stockholders. The registered holders of the Class M Shares.
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