Common use of SHARES OF CONSTITUENT COMPANIES Clause in Contracts

SHARES OF CONSTITUENT COMPANIES. 1. The total number of shares of stock of all classes which CLICA has the authority to issue is 25,000,000 shares of Common Stock with a par value of $10 per share and 25,000,000 shares of Preferred Stock with a par value of $10 per share. The designation and number of CLICA’s issued and outstanding shares and the classes entitled to vote are: Designation Number Issued and Outstanding Classes Entitled to Vote Common Stock 250,000 Common Stock Preferred Stock 0

Appears in 7 contracts

Samples: Agreement and Plan of Merger (Varifund Variable Annuity Account), Agreement and Plan of Merger (CANADA LIFE of AMERICA VARIABLE ANNUITY ACCOUNT 1), Agreement and Plan of Merger (Varifund Variable Annuity Account)

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