Examples of Class B Ordinary Shareholder in a sentence
Unless expressly provided otherwise herein, Class D Ordinary Shareholder, Class C Ordinary Shareholder, Class B Ordinary Shareholder held by a person other than the Founder Parties, Preferred Shareholder shall have the right to one (1) vote for each Class A Ordinary Share into which each outstanding Class D Ordinary Share, Class C Ordinary Share, Class B Ordinary Share, or Preferred Share held by such shareholder could then be converted, as applicable.
For the avoidance of doubt, the conversion under this paragraph 4(a) of Part 2 to this Schedule 1 affects all Class B Ordinary Shares then in issue.(b) (Election by Class B Ordinary Shareholder) A Class B Ordinary Shareholder may elect at any time to convert any of its Class B Ordinary Shares into Class A Ordinary Shares on a one-for-one basis by notice in writing to the directors.
The terms of issue of Class B Ordinary Shares provide for the conversion of one Class B Ordinary Share into one Class A Ordinary Share in certain circumstances set forth in these Articles which do not require the consent of the Class B Ordinary Shareholder.
For the avoidance of doubt, the conversion under this paragraph 4(a) of Part 2 to this Schedule 1 affects all Class B Ordinary Shares then in issue.(b)(Election by Class B Ordinary Shareholder) A Class B Ordinary Shareholder may elect at any time to convert any of its Class B Ordinary Shares into Class A Ordinary Shares on a one-for-one basis by notice in writing to the directors.