Sale of Control. In the event of a Sale of Control, as defined in the Stock Purchase Agreement, each share of Series A Preferred Shares shall automatically convert into shares of Class A Common Shares of the Company in accordance with this Description.
Appears in 2 contracts
Samples: Stock Purchase Agreement (China Tel Group Inc), Stock Purchase Agreement (Asia Special Situation Acquisition Corp)
Sale of Control. In the event of a Sale of Control, as defined in the Stock Purchase Agreement, each share of Series A Preferred Shares Stock shall automatically convert into shares of Class A Common Shares Stock of the Company in accordance with this Description.
Appears in 2 contracts
Samples: Stock Purchase Agreement (China Tel Group Inc), Stock Purchase Agreement (Asia Special Situation Acquisition Corp)