Status of Converted Stock. In the event any shares of Series A Preferred Stock shall be converted pursuant to Section 8 hereof, the shares so converted shall be canceled and shall not be issuable by the Corporation.
Appears in 3 contracts
Samples: Merger Agreement (Telik Inc), Merger Agreement (Telik Inc), Agreement and Plan of Merger (Telik Inc)
Status of Converted Stock. In the event any shares of Series A Preferred Stock shall be converted pursuant to Section 8 7 hereof, the shares so converted shall be canceled and shall not be issuable by the Corporation.
Appears in 3 contracts
Samples: Agreement of Merger and Plan of Reorganization (Eon Communications Corp), Agreement and Plan of Merger (Vringo Inc), Agreement of Merger and Plan of Reorganization (Eon Communications Corp)
Status of Converted Stock. In the event any shares of Series A B Preferred Stock shall be converted pursuant to Section 8 6 hereof, or if the Company has elected to pay cash to such holder pursuant to Section 6(a)(2) in lieu of issuing shares of Common Stock, the shares of Series B Preferred Stock so converted (or for which cash was paid in lieu of conversion) shall be canceled cancelled, shall return to the status of authorized but unissued Preferred Stock of no designated series, and shall not be issuable by the CorporationCompany as Series B Preferred Stock.
Appears in 2 contracts
Samples: Preferred Stock Subscription Agreement (Spatializer Audio Laboratories Inc), Preferred Stock Subscription Agreement (Spatializer Audio Laboratories Inc)
Status of Converted Stock. In the event Whenever any shares of Series A Preferred Stock shall be are converted pursuant to Section 8 hereof5, the shares so converted shall be canceled canceled, shall return to the status of authorized but unissued preferred stock of no designated series, and shall not be issuable by the Corporationthis corporation as Series A Preferred.
Appears in 1 contract
Samples: Mru Holdings Inc
Status of Converted Stock. In the event any shares of Series A B Preferred Stock shall be converted pursuant to Section 8 4 hereof or redeemed pursuant to Section 15 hereof, the shares so converted or redeemed shall be canceled and shall not be issuable reissuable by the Corporation.
Appears in 1 contract
Samples: Preferred Stock Purchase Agreement (Airspan Networks Inc)
Status of Converted Stock. In the event any shares of the Series A I Preferred Stock shall be converted pursuant to Section 8 hereof7 above, the shares so converted shall be canceled cancelled and shall not be issuable by revert to the CorporationCompany’s authorized but unissued Preferred Stock.
Appears in 1 contract
Status of Converted Stock. In the event any shares of Series A Preferred Stock shall be converted pursuant to Section 8 6 hereof, the shares so converted shall be canceled cancelled, and shall return to the status of authorized but unissued Preferred Stock of no designated series, and shall not be issuable by the CorporationCompany as Series A Preferred Stock.
Appears in 1 contract
Samples: Agreement and Plan for Share Exchange (CREATIVE LEARNING Corp)
Status of Converted Stock. In the event any shares of Series A Convertible Preferred Stock shall be converted pursuant to Section 8 6 hereof, the shares so converted shall be canceled and shall not be issuable by the Corporation.
Appears in 1 contract
Samples: Employment Agreement (Document Security Systems Inc)
