Dividends Rights. Each share of Series B Preferred Stock will carry an annual dividend in the amount of eight percent (8%) of the Conversion Price which shall be cumulative, payable solely upon redemption, liquidation or conversion.
Appears in 6 contracts
Samples: Debt Conversion Agreement (Leet Technology Inc.), Debt Conversion Agreement (Leet Technology Inc.), Debt Conversion Agreement (Leet Technology Inc.)
