Preferred Stock Rights Sample Clauses
Preferred Stock Rights. Shares of Preferred Stock may be issued from time to time in one or more series. The board of directors of the Corporation is hereby authorized by resolution or resolutions to fix the voting rights, if any, designations, powers, preferences and the relative, participation, optional or other rights, if any, and the qualifications, limitations or restrictions thereof, of any unissued series of Preferred Stock, to fix the number of shares constituting such series, and to increase or decrease the number of shares of any such series (but not below the number of shares thereof then outstanding).
Preferred Stock Rights. The Company's Series A Preferred Stock to be issued as the Merger Consideration shall have the designations, powers, preferences, and rights, and the qualifications, limitations, and restrictions (collectively, the "rights and preferences") as are described in the Company's Amended and Restated Certificate of Incorporation on file with the Delaware Secretary of State. The Surviving Corporation shall take no action to alter, amend or terminate the rights and preferences of the Series A Preferred Stock either prior to or after the Effective Time except as permitted by the Amended and Restated Certificate of Incorporation and applicable law.
Preferred Stock Rights. The Company shall have delivered to the Purchasers for filing with the Secretary of State of New York a Restated Certificate of Incorporation in the form of the Certificate filed on March 12, 1998 except that Sections 4, 5.02 and 6 shall be deleted therefrom and other sections shall, as required, be appropriately renumbered to reflect such deletions.
Preferred Stock Rights. Except as otherwise expressly provided herein or as required by law, the holder of each share of Preferred Stock shall be entitled to one vote for each share of Common Stock into which such shares of Preferred Stock could then be converted (with any fractional share determined on an aggregate conversion basis being rounded up or down to the nearest whole share), shall have voting rights and powers equal to the voting rights and powers equal to the voting rights and powers of a holder of Common Stock, shall vote with the holders of Common Stock and not as a separate class, and shall be entitled to notice of any shareholders meeting in accordance with the Bylaws of the corporation. If these Revised Articles of Incorporation or the law provides for the holders of Preferred Stock to vote separately from the holders of Common Stock on a matter, then all series of Preferred Stock shall vote together as one class. Under no circumstance shall any series of Preferred Stock be entitled to vote separately on a matter.
Preferred Stock Rights. In connection with the transactions contemplated by this Agreement, holders of Company Preferred Stock are entitled only to the Preferred Stock Consideration pursuant to the certificate of incorporation, as amended, and bylaws of the Company, the DGCL, the Stockholders' Agreement, any applicable Law, governing instrument, document or otherwise. Upon payment of the Preferred Stock Consideration, holders of Company Preferred Stock shall cease to have any rights or claims in respect of Company Preferred Stock.
