Equivalent Common Stock shall have the meaning set forth in Section 11(b) hereof.
Equivalent Common Stock shall have the meaning set forth in Section 11(b) hereof. m. "Exchange Act" shall have the meaning set forth in Section l(c) hereof. n. "Exchange Ratio" shall have the meaning set forth in Section 24(a) hereof. o. "Exempt Person" shall mean: (i) the Company, any Subsidiary of the Company, any employee benefit plan or employee stock plan of the Company or of any Subsidiary of the Company, or any Person or entity organized, appointed, established or holding Common Stock for or pursuant to the terms of any such plan; (ii) (a) any shareholder who is a descendant of X. Xxxxxx Xxxxxx (the "Xxxxxx Family"), (b) any shareholder who is an Affiliate or Associate of the Xxxxxx Family, or (c) any Person who would otherwise become an Acquiring Person as a result of the
Equivalent Common Stock shall have the meaning set forth in Section 11(b) (Adjustment of Purchase Price; Number and Kind of Shares or Number of Rights -- Purchase Price Adjustment -- Capital Stock).
Examples of Equivalent Common Stock in a sentence
Notwithstanding any other provision of this Agreement, the Company shall not issue or exchange Equivalent Common Stock, Equivalent Preferred Stock, cash or other debt or equity securities of the Company, or make any pro rata issuance or exchange, pursuant to this Agreement without the prior written consent of the holders of a majority of the Class B Common Stock.
More Definitions of Equivalent Common Stock
Equivalent Common Stock shall have the meaning set forth in Section 11(b); (vii) “Exchange Ratio” shall have the meaning set forth in Section 24(a); (viii) “Expiration Date” shall have the meaning set forth in Section 7(a); (ix) “Final Expiration Date” shall have the meaning set forth in Section 7(a); (x) “Nasdaq” shall have the meaning set forth in Section 11(d)(i); (xi) “Principal Party” shall have the meaning set forth in Section 13(b); (xii) “Purchase Price” shall have the meaning set forth in Section 4(a)(ii); (xiii) “Record Date” shall have the meaning set forth in the recitals of this Agreement; (xiv) “Redemption Price” shall have the meaning set forth in Section 23(a); (xv) “Rights” shall have the meaning set forth in the recitals of this Agreement; (xvi) “Rights Agent” shall have the meaning set forth in the parties clause of this Agreement; (xvii) “Rights Certificates” shall have the meaning set forth in Section 3(a); (xviii) “Rights Dividend Declaration Date” shall have the meaning set forth in the first recital of this Agreement; (xix) “Section 11(a)(ii) Trigger Date” shall have the meaning set forth in Section 11(a)(iii); (xx) “Section 13 Event” shall have the meaning set forth in Section 13; (xxi) “Spread” shall have the meaning set forth in Section 11(a)(iii); (xxii) “Substitution Period” shall have the meaning set forth in Section 11(a)(iii); (xxiii) “Summary of Rights” shall have the meaning set forth in Section 3(b); and (xxiv) “Trading Day” shall have the meaning set forth in Section 11(d)(i).
Equivalent Common Stock. Section 11(b).
Equivalent Common Stock means any class or series of capital stock of the Company, if any, other than the Common Stock, which is entitled to participate on a proportional basis with the Common Stock in dividends and other distributions, including distributions upon the liquidation, dissolution or winding up of the Company. In calculating the number of shares any class or series of Equivalent Common Stock for purposes of Section 13 of this Agreement, the number of shares or fractions of Equivalent Common Stock that are entitled to the same dividend or distribution as a whole share of Common Stock shall be deemed to be one share.