Common use of Protection Provisions Clause in Contracts

Protection Provisions. So long as any shares of Series D Preferred Stock are outstanding, the Company shall not, without first obtaining the unanimous written consent of the holders of Series D Preferred Stock, alter or change the rights, preferences or privileges of the Series D Preferred Stock so as to affect adversely the holders of Series D Preferred Stock.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Metalert, Inc.), Asset Purchase Agreement (Code Green Apparel Corp)

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Protection Provisions. So long as any shares of Series D C Preferred Stock are outstanding, the Company shall not, without first obtaining the unanimous written consent of the holders of a majority the Series D C Preferred Stock, alter or change the rights, preferences or privileges of the Series D Preferred Stock so as to affect adversely the holders of Series D C Preferred Stock.

Appears in 1 contract

Samples: Director Agreement

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Protection Provisions. So long as any shares of Series D C Preferred Stock are outstanding, the Company shall not, without first obtaining the unanimous written consent of the holders of Series D C Preferred Stock, alter or change the rights, preferences or privileges of the Series D C Preferred Stock so as to affect adversely the holders of Series D C Preferred Stock.

Appears in 1 contract

Samples: Asset Purchase Agreement (Code Green Apparel Corp)

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