FRACTIONAL STOCK; ISSUANCE OF UNITS. The Board of Directors may authorize the Corporation to issue fractional shares of stock or authorize the issuance of scrip, all on such terms and under such conditions as it may determine. Notwithstanding any other provision of the Charter or these Bylaws, the Board of Directors may authorize the issuance of units consisting of different securities of the Corporation.
Appears in 5 contracts
Samples: Agreement and Plan of Merger (AlerisLife Inc.), Support Agreement (Mobile Infrastructure Corp), Limited Liability Company Agreement (NorthStar Real Estate Income II, Inc.)