Subscription of Rights. (a) The Rights are evidenced by subscription rights certificates (the “Certificates”), a copy of the form of which is attached hereto as Exhibit 2. The Certificates entitle the holders to subscribe, upon payment of the Subscription Price, for shares of Preferred Stock at the rate of one share per Right evidenced by a Certificate (the “Basic Subscription Right”). No fractional shares will be issued.
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Samples: Subscription and Escrow Agent Agreement (Real Goods Solar, Inc.), Subscription and Escrow Agent Agreement (Real Goods Solar, Inc.), Subscription and Escrow Agent Agreement (Real Goods Solar, Inc.)
Subscription of Rights. (a) The Rights are evidenced by subscription rights certificates (the “Certificates”), a copy of the form of which is attached hereto as Exhibit 2. The Certificates entitle the holders Record Holders to subscribeSubscribe, upon payment of the Subscription Price, for shares of Preferred Common Stock at the rate of one 0.28673 of a share per Right evidenced by a Certificate (the “Basic Subscription RightPrivilege”). No fractional shares will be issuedissued and any fractional shares will be rounded up to the nearest whole share.
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Subscription of Rights. (a) The Rights are evidenced by subscription rights certificates (the “Certificates”), a copy of the form of which is attached hereto as Exhibit 2. The Certificates entitle the holders to subscribe, upon payment of the Subscription Price, for shares of Preferred Stock Units at the rate of one share Unit per Right every 1,105 Rights evidenced by a Certificate (the “Basic Subscription Right”). No fractional shares Units will be issued.
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Samples: Subscription and Escrow Agent Agreement (Enzon Pharmaceuticals, Inc.)
