Examples of Company Series B Common Stock in a sentence
For purposes of this Agreement, the “Covered Company Voting Stock” shall mean the total number of shares of Company Series A Common Stock, Company Series B Common Stock and Company Preferred Stock outstanding as of the record date established by the Company with respect to such action by written consent, or vote at any meeting of Company Stockholders, as applicable.
In accordance with Section 262 of the DGCL, no appraisal or dissenters’ rights will be available to the holders of Company Common Stock (other than holders of the Company Series B Common Stock) or Company Preferred Stock in connection with the Merger.
The purchase price per New Security, Company Series B Common Stock, or Modified New Security to be acquired pursuant to this Section 2.1(a) shall be equal to the applicable Exercise Price.
Each certificate representing outstanding shares of Company Series B Common Stock shall at the Effective Time represent an equal number of shares of Surviving Corporation Series B Common Stock.
Each issued and outstanding share of Company Series B Common Stock shall be converted into and become one fully paid and nonassessable share of Surviving Corporation Series B Common Stock.
Each share of Company Series A Common Stock and Company Series B Common Stock, and each share of the Company Series A Preferred Stock and Company Series B Preferred Stock that is owned by the Company as treasury stock shall be cancelled and retired and shall cease to exist and no stock of the Company or other consideration shall be delivered in exchange therefor.
In exchange for the transfer of the Contributed Cash and the Parent Station Assets to the Company pursuant to Section 2.02 above, and simultaneously therewith but after the Restated Charter has been duly filed and is in effect as provided in Section 2.01, (i) the Company shall issue to Parent 38,611,000 shares of the Company Series B Common Stock and (ii) the Company shall issue to Cash Sub one share of the Company Series B Common Stock.
Each outstanding share of Company Series A Preferred Stock and Company Series B Preferred Stock is, as of the date hereof, and will be as of the Effective Time, convertible into Company Series B Common Stock on a one-for-one basis.
As of the date of this Agreement, of such shares of Company Series B Common Stock reserved for issuance under the Company Equity Plan, (i) 1,557,597 of such shares are reserved for issuance upon exercise of currently outstanding Company Options, (ii) 3,959,927 of such shares are currently issued and outstanding that were issued upon exercise of Company Options previously granted under the Company Equity Plan, and (iii) no shares remain available for future awards under the Company Equity Plan.
All of the shares of Company Series B Common Stock to be issued to Parent and Cash Sub pursuant to Section 2.03, when so issued, will be duly authorized, validly issued, fully paid and non-assessable.