Common use of Issuance of Preferred Stock Clause in Contracts

Issuance of Preferred Stock. The consent and agreement of the Other --------------------------- Shareholders to the issuance of preferred shares of stock in the Company (each, a "Class B Equity Interests") to the Preferred Shareholder in an amount equal to ------------------------ the Class B Amount. Each Class B Equity Interests shall have a par value of $5,000.00. The Company may issue fractional Class B Equity Interests.

Issuance of Preferred Stock. The consent and agreement of the Other --------------------------- Shareholders to the issuance of preferred shares of stock in the Company (each, a "Class B Equity InterestsShare") to the Preferred Shareholder in an amount equal to ------------------------ the Class B Amount. Each Class B Equity Interests Share shall have a par value of $5,000.00. The Company may issue fractional Class B Equity InterestsShares.