B Ordinary Share definition
Examples of B Ordinary Share in a sentence
Each Class B Ordinary Share is intended to be treated as a profits interest for U.S. federal income tax purposes, and all of the Members agree to report consistently with, and to take any action requested by the Board to ensure, such treatment.
The one Class B Ordinary Share currently held by the Subscriber following the incorporation of the Company shall be repurchased by the Company at par immediately following the issue of the Shares by the Company.
Each Class B Ordinary Share of each Series is intended to be treated as a profits interest for U.S. federal income tax purposes, and all of the Members agree to report consistently with, and to take any action requested by the Board to ensure, such treatment.
The Buyer currently holds 1 Class B Ordinary Share in the capital of the Company (the “Subscriber Share”).
The total number of shares of all classes of shares which the Company has authority to issue is 200,000,000 Class A Ordinary Share, 20,000,000 Class B Ordinary Share, $0.0001 par value per share (the “Class B Ordinary Shares”), and 2,000,000 preferred shares, $0.0001 par value per share (“Preferred Shares”).