Common use of Designation; Number of Shares Clause in Contracts

Designation; Number of Shares. The designation of said series of preferred stock shall be Series A Cumulative Convertible Preferred Stock (the “Series A Preferred Stock”). The number of shares of Series A Preferred Stock shall be up to 10,000,000 shares. Each share of Series A Preferred Stock shall have a stated value equal to $0.0725 (as adjusted for stock dividends, combinations or splits with respect to such shares)(the “Series A Stated Value).

Appears in 1 contract

Samples: Subscription Agreement (Akers Biosciences Inc)

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Designation; Number of Shares. The designation of said series of preferred stock Preferred Stock shall be Series A Cumulative B Convertible Preferred Stock (the “Series A B Preferred Stock”). The number of shares of Series A B Preferred Stock shall be up to 10,000,000 shares29,500. Each share of Series A B Preferred Stock shall have a stated value equal to $0.0725 100.00 (as adjusted for any stock dividends, combinations or splits with respect to such shares)(the shares) (the “Series A B Stated Value), and no par value.

Appears in 1 contract

Samples: Subscription Agreement (Megawest Energy Corp.)

Designation; Number of Shares. The designation of said series of preferred stock Preferred Stock shall be Series A B 8% Cumulative Convertible Redeemable Preferred Stock (the "Series A B Preferred Stock"). The number of shares of Series A B Preferred Stock shall be up to 10,000,000 shares560,126. Each share of Series A B Preferred Stock shall have a stated value equal to $0.0725 7.75 (as adjusted for any stock dividends, combinations or splits with respect to such shares)(the “Series A "Stated Value").

Appears in 1 contract

Samples: Restructuring Agreement (Halstead Energy Corp)

Designation; Number of Shares. The designation of said series of preferred stock Preferred Stock shall be Series A Cumulative Convertible Preferred Stock (the “Series A Preferred Stock”). The number of shares of Series A Preferred Stock shall be up to 10,000,000 shares29,500. Each share of Series A Preferred Stock shall have a stated value equal to $0.0725 100.00 (as adjusted for any stock dividends, combinations or splits with respect to such shares)(the shares) (the “Series A Stated Value), and no par value.

Appears in 1 contract

Samples: Subscription Agreement (Megawest Energy Corp.)

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Designation; Number of Shares. The designation of said series of preferred stock shall be Series A Cumulative Convertible Preferred Stock (the “Series A Preferred Stock”). The number of shares of Series A Preferred Stock shall be up to 10,000,000 lo 25,000 shares. Each share of Series A Preferred Stock shall have a stated value equal to $0.0725 100.00 (as adjusted for any stock dividends, combinations or splits with respect to such shares)(the shares) (the “Series A Stated Value).

Appears in 1 contract

Samples: Share Purchase and Share Exchange Agreement (Wizard World, Inc.)

Designation; Number of Shares. The designation of said series of preferred stock shall be Series A D 24% Cumulative Convertible Preferred Stock (the “Series A D Preferred Stock”). The number of shares of Series A D Preferred Stock shall be up to 10,000,000 15,000 shares. Each share of Series A D Preferred Stock shall have a stated value equal to $0.0725 100 (as adjusted for any stock dividends, combinations or splits with respect to such shares)(the shares) (the Series A Stated Value), and $0.01 par value. The Corporation will not issue more than 15,000 shares of Series D Preferred Stock.

Appears in 1 contract

Samples: Subscription Agreement (Viragen International Inc)

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