Examples of Multiplier Number in a sentence
Each share of Series R Preferred Stock shall entitle the holder thereof to a number of votes equal to the Multiplier Number on all matters submitted to a vote of stockholders of the Corporation.
If the Corporation shall enter into any consolidation, merger, combination or other transaction in which the shares of Common Stock are exchanged for or changed into other stock or securities, cash or any other property, then in any such case the shares of Series R Preferred Stock shall at the same time be similarly exchanged for or changed into an amount per share equal to (x) the Multiplier Number times (y) the aggregate amount of stock, securities, cash or any other property.
Each share of Series A Preferred Stock shall entitle the holder thereof to a number of votes equal to the Multiplier Number then in effect on all matters submitted to a vote of stockholders of the Corporation.
Each Series G Preferred Share shall entitle the holder thereof to a number of votes equal to the Multiplier Number on all matters submitted to a vote of shareholders of the Corporation.
Consolidation, Merger, etc.If the Corporation shall enter into any consolidation, merger, combination or other transaction in which the shares of Common Stock are exchanged for or changed into other stock or securities, cash or any other property, then in any such case the shares of Series R Preferred Stock shall at the same time be similarly exchanged for or changed into an amount per share equal to (x) the Multiplier Number times (y) the aggregate amount of stock, securities, cash or any other property.
In addition to any other voting rights required by law, the holders of shares of Series B Preferred Stock shall have the following voting rights: (a)Each share of Series B Preferred Stock shall entitle the holder thereof to a number of votes equal to the Multiplier Number on all matters submitted to a vote of stockholders of the Corporation.
Nothing in this Section 2.3 shall be deemed to relieve any Lender from its obligation to fulfill its Commitment hereunder or to prejudice any rights that Borrower may have against any Lender as a result of any default by such Lender hereunder.
Each share of Series B Preferred Stock shall entitle the holder thereof to a number of votes equal to the Multiplier Number on all matters submitted to a vote of stockholders of the Corporation.
The applicable multiplier and number of years that medical and dental benefits will be continued will be determined based on the executive’s classification in accordance with the following chart: Lump Sum Multiplier Number of Months of Benefit Continuation Chief Executive Officer 3.0 36 months Senior Vice Presidents 2.5 30 months Vice Presidents 1.5 18 months An executive who is demoted will retain the multiplier and benefit continuation period originally assigned pursuant to the chart above.
In the event that HII determines, in its sole discretion, to deliver less than 100,000 shares of common stock, then in addition to such shares of common stock ME also shall be entitled to a cash amount equal to (A) the difference between the Multiplier Number and such number of shares which HII delivers multiplied by (B) the average per share closing sales price of the HII common stock for the 20 consecutive trading days prior to the Exercise Date.