Class B Common Stock definition

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

Class B Common Stock shall have the meaning given in the Recitals hereto.

Class B Common Stock means the Class B Common Stock, par value $0.01 per share, of the Company.

Examples of Class B Common Stock in a sentence

• The Corporation shall provide notice of the Automatic Conversion of shares of Class B Common Stock pursuant to this Section 9(B) of Article IV to record holders of such shares of Class B Common Stock as soon as practicable following the Automatic Conversion.

• Each outstanding stock certificate (if shares are in certificated form) that, immediately prior to the occurrence of an Automatic Conversion, represented one or more shares of Class B Common Stock subject to such Automatic Conversion shall, upon such Automatic Conversion, be deemed to represent an equal number of shares of Class A Common Stock, without the need for surrender or exchange thereof.

• The Corporation may, from time to time, establish such policies and procedures, not in violation of applicable law or the other provisions of these Articles, relating to the conversion of the Class B Common Stock into Class A Common Stock, as it may deem necessary or advisable in connection therewith.

• If a vacancy occurs on the Board of Directors, including a vacancy resulting from an increase in the number of Directors, such vacancy shall be filled solely by the affirmative vote of the holders of a majority of the Class B Common Stock until the Voting Threshold Date.

• The Corporation shall at all times reserve and keep available out of its authorized but unissued shares of Class A Common Stock, solely for the purpose of effecting the conversion of the shares of Class B Common Stock, such number of shares of Class A Common Stock as shall from time to time be sufficient to effect the conversion of all outstanding shares of Class B Common Stock into shares of Class A Common Stock.

More Definitions of Class B Common Stock

Class B Common Stock means shares of Class B Common Stock, par value $0.001 per share, of the Company.

Class B Common Stock means, as applicable, (a) the Class B Common Stock, par value $0.01 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 or cash or other property that become payable in consideration for the Class B Common Stock or into which the Class B Common Stock is exchanged or converted as a result of such consolidation, merger, reclassification or other similar event.

Class B Common Stock has the meaning set forth in the recitals.

Class B Common Stock means Class B common stock, $0.01 par value per share, of Pubco.

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

Class B Common Stock means the Class B Common Stock, par value $0.001 per share, of the Corporation.

Class B Common Stock means the Class B Common Stock, $0.01 par value per share, of Holdings.