Common use of Designation of Series; Number of Shares Clause in Contracts

Designation of Series; Number of Shares. The series of Preferred Stock established hereby shall be designated the "Series A Junior Participating Preferred Stock" (the "Series A Preferred Stock") and the authorized number of shares constituting the Series A Preferred Stock shall be 309,183. Such number of authorized shares may be increased or decreased, from time to time, by resolution of the Board; provided, however, that no such decrease shall reduce the number of authorized shares of the Series A Preferred Stock to a number less than the number of shares of the Series A Preferred Stock then outstanding, plus the number of shares of the Series A Preferred Stock then reserved for issuance upon the exercise of any outstanding options, warrants or rights or the exercise of any conversion or exchange privilege contained in any outstanding security issued by the Corporation.

Appears in 2 contracts

Samples: Stockholders Rights Agreement (Whitehall Jewellers Inc), Stockholders Rights Agreement (Whitehall Jewellers Inc)

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Designation of Series; Number of Shares. The series of Preferred Stock established hereby shall be designated the "Series A B Junior Participating Preferred Stock" (the "Series A B Preferred Stock") ), par value $.01 per share, and the authorized number of shares constituting the Series A B Preferred Stock shall be 309,183________. Such number of authorized shares may be increased or decreased, from time to time, by resolution of the Board; provided, however, that no such decrease shall reduce the number of authorized shares of the Series A B Preferred Stock to a number less than the number of shares of the Series A B Preferred Stock then outstanding, plus the number of shares of the Series A B Preferred Stock then reserved for issuance upon the exercise of any outstanding options, warrants or rights or the exercise of any conversion or exchange privilege contained in any outstanding security issued by the Corporation.

Appears in 1 contract

Samples: Rights Agreement (Home Products International Inc)

Designation of Series; Number of Shares. The series of Preferred Stock established hereby shall be designated the "Series A Junior Participating Preferred Stock" (the "Series A Preferred Stock") and the authorized number of shares constituting the Series A Preferred Stock shall be 309,183150,000. Such number of authorized shares may be increased or decreased, from time to time, by resolution of the Board; providedPROVIDED, howeverHOWEVER, that no such decrease shall reduce the number of authorized shares of the Series A Preferred Stock to a number less than the number of shares of the Series A Preferred Stock then outstanding, plus the number of shares of the Series A Preferred Stock then reserved for issuance upon the exercise of any outstanding options, warrants or rights or the exercise of any conversion or exchange privilege contained in any outstanding security issued by the Corporation.

Appears in 1 contract

Samples: Stockholders Rights Agreement (Floss Acquisitions Corp)

Designation of Series; Number of Shares. The series of Preferred Stock established hereby shall be designated the "Series A Junior Participating Preferred Stock" (the "Series A Preferred Stock") and the authorized number of shares constituting the Series A Preferred Stock shall be 309,183500,000. Such number of authorized shares may be increased or decreased, from time to time, by resolution of the Board; provided, however, that no such decrease shall reduce the number of authorized shares of the Series A Preferred Stock to a number less than the number of shares of the Series A Preferred Stock then outstanding, plus the number of shares of the Series A Preferred Stock then reserved for issuance upon the exercise of any outstanding options, warrants or rights or the exercise of any conversion or exchange privilege contained in any outstanding security issued by the CorporationCompany.

Appears in 1 contract

Samples: Stockholders Rights Agreement (Peapod Inc)

Designation of Series; Number of Shares. The series of Preferred Stock established hereby shall be designated the "Series A B Junior Participating Preferred Stock" (the "Series A Preferred StockSERIES B PREFERRED STOCK") ), par value $.001 per share, and the authorized number of shares constituting the Series A B Preferred Stock shall be 309,18390,000. Such number of authorized shares may be increased or decreased, from time to time, by resolution of the BoardBoard of Directors; provided, however, that no such decrease shall reduce the number of authorized shares of the Series A B Preferred Stock to a number less than the number of shares of the Series A B Preferred Stock then outstanding, plus the number of shares of the Series A B Preferred Stock then reserved for issuance upon the exercise of any outstanding options, warrants or rights or the exercise of any conversion or exchange privilege contained in any outstanding security issued by the Corporation.

Appears in 1 contract

Samples: Rights Agreement (Success Bancshares Inc)

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Designation of Series; Number of Shares. The series of Preferred Stock established hereby shall be designated the "Series A Junior Participating Preferred Stock" (the "Series A Preferred Stock") and the authorized number of shares constituting the Series A Preferred Stock shall be 309,183500,000. Such number of authorized shares may be increased or decreased, from time to time, by resolution of the Board; provided, however, that no such decrease shall reduce the number of authorized shares of the Series A Preferred Stock to a number less than the number of shares of the Series A Preferred Stock then outstanding, plus the number of shares of the Series A Preferred Stock then reserved for issuance upon the exercise of any outstanding options, warrants or rights or the exercise of any conversion or exchange privilege contained in any outstanding security issued by the Corporation.

Appears in 1 contract

Samples: Stockholders Rights Agreement (Peapod Inc)

Designation of Series; Number of Shares. The series of Preferred Stock established hereby shall be designated the "Series A Junior Participating Preferred Stock" (the "Series A Preferred Stock") and the authorized number of shares constituting the Series A Preferred Stock shall be 309,1833,500,000. Such number of authorized shares may be increased or decreased, from time to time, by resolution of the Board; provided, however, that no such decrease shall reduce the number of authorized shares of the Series A Preferred Stock to a number less than the number of shares of the Series A Preferred Stock then outstanding, plus the number of shares of the Series A Preferred Stock then reserved for issuance upon the exercise of any outstanding options, warrants or rights or the exercise of any conversion or exchange privilege contained in any outstanding security issued by the Corporation.

Appears in 1 contract

Samples: Shareholders Rights Agreement (Midamerican Energy Holdings Co)

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