Class B-1 Common Stock definition

Class B-1 Common Stock means the Company’s Class B-1 Voting Common Stock, $0.01 par value per share.

Class B-1 Common Stock has the meaning set forth in Section 2.2(a)(i).

Class B-1 Common Stock means the Class B-1 Common Stock to be created as a separate class of Common Stock upon the Restated Charter Effectiveness pursuant to the Restated Certificate of Incorporation.

Examples of Class B-1 Common Stock in a sentence

• The holders of shares of Class B-1 Common Stock; Class B-2 Common Stock; and Class B-3 Common Stock, shall each elect a nominating committee for their respective class (each, a “Class B Nominating Committee”).

• In any such vote, holders of Class B-1 Common Stock shall be entitled to six votes for each share of Class B-1 Common Stock held, holders of Class B-2 Common Stock shall be entitled to two votes for each share of Class B-2 Common Stock held, holders of Class B-3 Common Stock shall be entitled to one vote for each share of Class B-3 Common Stock held and holders of Class B-4 Common Stock shall be entitled to one-sixth of one vote for each share of Class B-4 Common Stock held.

• All Class B-1 Common Stock issued pursuant to the Option shall be subject to all restrictions upon the transfer thereof which may be now or hereafter imposed by the Charter or the By-Laws of the Company and (to the extent applicable) the restrictions on transfer and other terms of the Stockholder Agreement.

• In the event that the Optionee is required to execute and deliver the Repurchase Agreement as set forth below, all Class B-1 Common Stock issued pursuant to the Option shall be deemed to be, and the Optionee hereby agrees that all such shares of Class B-1 Common Stock are and shall be, Shares under and as defined in the Repurchase Agreement and subject to all of the repurchase provisions and other restrictions imposed by the Repurchase Agreement.

• The authorized capital stock of INC consists of (i) 31,000,000 shares of Class A Common Stock, (ii) 1,000,000 shares of Class B-1 Common Stock and (iii) 15,000,000 shares of Class B-2 Common Stock (collectively, “INC Common Stock”).

More Definitions of Class B-1 Common Stock

Class B-1 Common Stock means the Class B-1 Common Stock to be created as a separate class of Common Stock following Stockholder Approval pursuant to the Restated Certificate of Incorporation.

Class B-1 Common Stock means, as applicable, (a) the Class B-1 Common Stock, par value $0.0001 per share, of Pubco or (b) following any consolidation, merger, reclassification or other similar event involving Pubco, any shares or other securities of Pubco or any other Person that become payable in consideration for the Class B-1 Common Stock or into which the Class B-1 Common Stock is exchanged or converted as a result of such consolidation, merger, reclassification or other similar event.

Class B-1 Common Stock means the Company’s Class B-1 Common Stock.

Class B-1 Common Stock means the shares of Class B-1 common stock, par value $0.01 per share, of the Company, and any other capital stock of the Company into which such common stock is reclassified or reconstituted or may be converted (as a result of recapitalization, share exchange or similar event) or are issued with respect to such common stock, including, without limitation, with respect to any stock split or stock dividend, or a successor security.

Class B-1 Common Stock means the Class B-1 common stock, par value $0.01 per share, of Newco.

Class B-1 Common Stock means the Class B-1 Common Stock of the Company.

Class B-1 Common Stock shall have the meaning set forth in the recitals.