Limitations on Transfer of Stock. The Class A Common Stock and Series M Preferred Stock to be issued to each Shareholder pursuant to the Plan of Merger and any additional shares of Class A Common Stock which may be issued upon a conversion of the Series M Preferred Stock will be held as an investment and not with a view to distribution.
Appears in 5 contracts
Samples: Agreement and Plan of Reorganization (Lithia Motors Inc), Merger Agreement (Lithia Motors Inc), Agreement and Plan of Reorganization (Lithia Motors Inc)