Class B-4 Common Stock definition
Examples of Class B-4 Common Stock in a sentence
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.
Certificates representing such shares of Class A Common Stock, Class B-1 Common Stock, Class B-2 Common Stock, Class B-3 Common Stock and Class B-4 Common Stock shall also be deemed to be certificates for the associated Rights, and shall bear the following legend: This certificate also evidences and entitles the holder hereof to certain Rights as set forth in the Rights Agreement between Chicago Mercantile Exchange Holdings Inc.
The shares of Class B Common Stock shall be divided into the following series: 31,000,000 shares of Class B-1 Common Stock (the “Class B-1 Common Stock”), 25,000,000 shares of Class B-2 Common Stock (the “Class B-2 Common Stock”), 25,000,000 shares of Class B-3 Common Stock (the “Class B-3 Common Stock”), and 12,500,000 shares of Class B-4 Common Stock (the “Class B-4 Common Stock”).
Class B-1 Common Stock, par value $0.01 per share 1,423 Class B-2 Common Stock, par value $0.01 per share 1,423 Class B-3 Common Stock, par value $0.01 per share 2,849 Class B-4 Common Stock, par value $0.01 per share 313,789 WHEREAS, Stockholder is a wholly owned subsidiary of NWRA, and in accordance with the Payoff Agreement desires to sell and convey the Shares to the Company, and the payment for such Shares be paid directly to NWRA.
Albers and Meris have also agreed that the n▇▇▇▇▇ of sh▇▇▇▇ of Class B-4 Common Stock will be reduced on a pro rata basis by the number of shares issuable (prior to reduction for withholding tax pursuant to Section 2.4) in respect of SARs cancelled.