Majority Series C Preferred Shareholders definition
Majority Series C Preferred Shareholders means the holders representing at least fifty percent (50%) of, the Series C Preferred Shares, voting as a single class on an as converted basis.
Majority Series C Preferred Shareholders means the holders representing at least fifty percent (50%) of, the Series C Preferred Shares then outstanding, voting as a single class on an as converted basis.
Majority Series C Preferred Shareholders means the holders of more than fifty percent (50%) of the Series C Preferred Shares then outstanding, voting as a single class on an as-converted basis.
Examples of Majority Series C Preferred Shareholders in a sentence
Subject to Section 8.5 of this Agreement, the Majority Series A-1 Preferred Shareholders, the Majority Series A-2 Preferred Shareholders, the Majority Series B Preferred Shareholders (which shall include Apoletto), and the Majority Series C Preferred Shareholders shall have the right to nominate new management personnel to the Company, subject to the approval of the Board.