Common use of Preference Rights Clause in Contracts

Preference Rights. Nothing contained herein will be construed to prevent the Board from issuing one or more series of Preferred Stock with dividend and liquidation preferences junior to or in parity with the dividend and liquidation preferences of the Series A Preferred Stock.

Appears in 2 contracts

Samples: Partnership Interest Purchase Agreement (Vsource Inc), Partnership Interest Purchase Agreement (Vsource Inc)

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Preference Rights. Nothing contained herein will be construed to prevent the Board from issuing one or more series of Preferred Stock with dividend and liquidation preferences junior to or in parity with the dividend and liquidation preferences of the Series A B Preferred Stock.

Appears in 2 contracts

Samples: Partnership Interest Purchase Agreement (Vsource Inc), Partnership Interest Purchase Agreement (Vsource Inc)

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