Examples of Class A Stock in a sentence
Each of the SBG Brand License Agreement, the Tempus Common Stock Subscription Agreement and the Tempus Class A Stock Subscription Agreement shall have been duly executed by the parties thereto.
Following the [***]-year anniversary of the issuance of shares of Class A Stock, in the event a Shareholder of shares of Class A Stock desires to exercise its right to convert such shares into shares of Common Stock as set forth in the Articles, then, in addition to complying with any requirements under the Articles, such Shareholder shall deliver a written notice to each of the Initial Shareholders of its intent to so convert by no later than the time such notice is delivered to the Company.
In addition, the Initial Shareholder receiving such notice shall have the right to convert its shares of Class A Stock into shares of Common Stock upon the same terms and conditions set forth in the notice by issuing a cross-notice to such other Shareholder and the Company.
The Company shall, as of the Closing Date, have authorized capital stock consisting of [***] authorized shares of Common Stock and [***] authorized shares of Class A Stock with the rights and restrictions set forth in the Companies Act, the Articles and this Agreement.