Common use of Expiration of Voting Rights Clause in Contracts

Expiration of Voting Rights. The provisions of paragraph (b), subsections (ii)-(vi) and paragraph (c) of this Section 6 shall no longer be in force and effect at such time as the aggregate Stated Value of the shares of Class A-1 Preferred Stock outstanding is less than $250,000.

Appears in 6 contracts

Samples: Conversion Agreement (Small World Kids Inc), Conversion Agreement (Small World Kids Inc), Conversion Agreement (Small World Kids Inc)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.