Class A-2 Common Stock definition
Examples of Class A-2 Common Stock in a sentence
The authorized Capital Stock of the Company consists of 13,600,000 shares of Company Class A-1 Common Stock, 13,600,000 shares of Company Class A-2 Common Stock, 8,800,000 shares of Company Class A-3 Common Stock, 37,000,000 shares of Company Class A-4 Common Stock and 4,250,000 shares of Company Class L Common Stock.
Each share of Class L Common Stock, par value $0.001 per share (the “Company Class L Common Stock” and, together with the Company Class A-1 Common Stock, the Company Class A-2 Common Stock, the Company Class A-3 Common Stock and the Company Class A-4 Common Stock, the “Company Capital Stock”), of the Company, none of which will be issued and outstanding at or immediately prior to the Effective Time, shall automatically cease to exist without payment of any consideration therefor.
Each holder of record of Company Class A-1 Common Stock, Company Class A-2 Common Stock, Company Class A-3 Common Stock or Company Class A-4 Common Stock shall make an election on a form designated by Parent (an “Election Form”) as to the type of Merger Consideration such holder elects to receive as provided in Section 2.1(a).
As of the date hereof, there are outstanding 13,285,332.70 shares of Company Class A-1 Common Stock, 13,285,332.70 shares of Company Class A-2 Common Stock, 8,596,391.81 shares of Company Class A-3 Common Stock, 91,530.77 shares of Company Class A-4 Common Stock and 3,917,620.91 shares of Company Class L Common Stock, and there are no other outstanding Equity Interests of the Company.
Each holder of record of Parent Class A-1 Common Stock or Parent Class A-2 Common Stock shall make an election on an Election Form as to the type of Capital Stock of the Surviving Corporation such holder elects to receive as provided in Section 2.1(c).
Re-designation of Parent Shares: As provided in the Merger Agreement, immediately following the Charter Effective Time, all of the issued and outstanding shares of Parent’s common stock, $0.01 par value per share (the “Old Common Stock”) that are held by the Former Marquee Investors shall be automatically re-designated (without any further action by the holders thereof) as shares of Class A-1 Common Stock and Class A-2 Common Stock.
Any Parent Class A-1 Common Stock or Parent Class A-2 Common Stock for which such holder of record has not, as of the Closing Date, properly submitted an Election Form shall remain outstanding as Surviving Class A-1 Common Stock or Surviving Class A-2 Common Stock, as applicable, in accordance with Section 2.1(c) (it being understood that the Parent Stockholders who are employees of Parent shall elect to receive Surviving Class N Common Stock).
Shares of Common Stock issued in connection with the reclassification shall be uncertificated, and the Corporation shall register, or cause to be registered, such shares into which each outstanding shares of Class A-1 Common Stock, Class A-2 Common Stock and Class A-3 Common Stock shall have been reclassified as a result of the reclassification in book-entry form.
Delaware Class A-1 Common Stock: 400,000 shares Class A-2 Common Stock: 150,000 shares Class B Common Stock: 450,000 shares Class C Common Stock: 100,000 shares Class A-1 Common Stock: 1,000 shares Commercial Vehicle Group, Inc.
Immediately following the Effective Time, Class A-1 Common Stock, Class A-2 Common Stock and Class A-3 Common Stock of the Corporation shall cease to exist, and the holder of such shares immediately prior to the Effective Time shall cease to have any rights with respect thereto.