Redeemable Shares. Redeemable shares are not entitled to vote after notice of redemption is mailed to the holders thereof and a sum sufficient to redeem the shares has been deposited with a bank, trust company, or other financial institution under an irrevocable obligation to pay the holders the redemption price on surrender of the shares.
Appears in 4 contracts
Samples: Equity Agreement (Cellular Dynamics International, Inc.), Equity Agreement (Cellular Dynamics International, Inc.), Equity Agreement (Cellular Dynamics International, Inc.)