Designation of Series A Preferred Stock. Prior to the Effective Time, Johnxxxx xxxll cause its Board of Directors to designate a class of Johnxxxx Xxxferred Stock as Series A Preferred Stock having the designations and powers, preferences and rights, and the qualifications, limitations and restrictions set forth in the Certificate of Designation attached hereto as Exhibit 2.
Designation of Series A Preferred Stock. There hereby is designated a series of Preferred Stock, having the relative rights, limitations and preferences as set forth in subsection (e) hereof. The distinctive serial designation of this series shall be “Series A Convertible Preferred Stock” (hereinafter “Series A Preferred Stock”). The number of shares of Series A Preferred Stock the Corporation is authorized to issue is [___________], no par value per share.
Designation of Series A Preferred Stock. Five thousand (5,000) shares of the authorized and unissued Preferred Stock of the Corporation are hereby designated "Series A Preferred Stock" with the following rights, preferences, powers, privileges and restrictions, qualifications and limitations.
Designation of Series A Preferred Stock. The shares of the series of preferred stock created and authorized by this Certificate of Designation shall be designated “Series A Convertible Redeemable Preferred Stock” (the “Series A Preferred Stock”). The total number of authorized shares constituting the Series A Preferred Stock shall be 10,000,000. The number of shares constituting this series of preferred stock of the Corporation may be increased or decreased at any time, from time to time, in accordance with applicable law up to the maximum number of shares of preferred stock authorized under the Articles, less all shares at the time authorized of any other series of preferred stock of the Corporation; provided, however, that no decrease shall reduce the number of shares of this series to a number less than that of the then-outstanding shares of Series A Preferred Stock. The stated par value of the Series A Preferred Stock shall be $0.001 per share. Shares of the Series A Preferred Stock shall be dated the date of issue.
Designation of Series A Preferred Stock. The Corporation shall be authorized to issue Two Million (2,000,000) shares of Series A Convertible Preferred Stock, par value $0.001 per share (the “Series A Preferred Stock”).
Designation of Series A Preferred Stock. The Company shall adopt and file with the Secretary of State of the State of Arkansas on or before the Initial Closing Date a Certificate of Amendment to the Company’s Articles of Incorporation, in the form of Exhibit B attached to this Agreement, designating all of the Company’s authorized and unissued preferred stock as Series A Preferred Stock (the “Certificate of Amendment”).
Designation of Series A Preferred Stock. One series of the Preferred Stock is designated and known as the Series A PIK Redeemable Preferred Stock (the “Series A Preferred Stock”) and shall consist of 35,000 shares.
Designation of Series A Preferred Stock. Promptly after closing, the Company shall file with the Secretary of State of Florida an amendment to its Articles of Incorporation designating a class of Series A Preferred Stock subject to the preferences, rights, and limitations as described in a Form of Articles of Amendment attached hereto as Exhibit B.
Designation of Series A Preferred Stock. Two Million Four Hundred Ninety-Four Thousand One Hundred Fifty-Nine (2,494,159) of the shares of Preferred Stock are hereby designated "Series A Preferred Stock" ("Series A Stock"). The rights, preferences and privileges of the Series A Stock are as specified in this Section 2 of Article IV.
Designation of Series A Preferred Stock. Series B Preferred Stock, Series C Preferred Stock, Series D Preferred Stock and Series E Preferred Stock. Two Million Two Hundred Fifty Thousand (2,250,000) shares of Preferred Stock are designated Series A Preferred Stock (the "Series A Preferred Stock") with the rights, preferences and privileges specified herein. Two Million Two Hundred Eighty-One Thousand (2,281,000) shares of Preferred Stock are designated Series B Preferred Stock (the "Series B Preferred Stock") with the rights, preferences and privileges specified herein. Four Million Eight Hundred Thousand (4,800,000) shares of Preferred Stock are designated Series C Preferred Stock (the "Series C Preferred Stock") with the rights, preferences and privileges specified herein. Eight million six hundred sixty-eight thousand one hundred forty (8,668,140) shares of Preferred Stock are designated Series D Preferred Stock (the "Series D Preferred Stock"). Nine Million One Hundred Thirty Thousand Four Hundred Twenty-Eight (9,130,428) shares of Preferred Stock are designated Series E Preferred Stock (the "Series E Preferred Stock"). As used in this Article IV, Division B, the term "Preferred Stock" shall refer to the Series A Preferred Stock, the Series B Preferred Stock, the Series C Preferred Stock, Series D Preferred Stock and Series E Preferred Stock.
