Dividends and Stock Splits. (a) The holders of the Series A Convertible Preferred Stock shall be entitled to receive, with respect to any distribution of cash or other property made to holders of Common Stock, the amount that such holders of Series A Convertible Preferred Stock would have been entitled to receive if the Series A Convertible Preferred Stock were fully converted (disregarding for such purpose any conversion limitations hereunder) to Common Stock at the Conversion Ratio on the record date for such distribution.
Appears in 6 contracts
Samples: Preferred Stock Purchase Agreement, Preferred Stock Purchase Agreement (Lexicon Pharmaceuticals, Inc.), Registration Rights Agreement (Talos Energy Inc.)
