Paired Voting Stock definition

Paired Voting Stock means, with respect to Class A Common Units held by a Member other than PubCo (and other than Class A Common Units received in the Recapitalization in exchange for Common Units received in the Profits Interest Conversion), the shares of Class B Common Stock issued in exchange for the Class B Voting Units initially paired with such Class A Common Units, subject, as applicable, to adjustment pursuant to Section 3.2(d) and Section 3.2(e) and the certificate of incorporation of PubCo.
Paired Voting Stock means, with respect to Class A Common Units held by a Member other than PubCo following the Pre-IPO Exchanges, the shares of Class B Common Stock issued in exchange for the Class B Voting Units initially paired with such Class A Common Units (in the case of a Founder Member), or the shares of Class C Common Stock issued in exchange for Class C Voting Units initially paired with such Class A Common Units (in the case of TSG Members), subject, as applicable, to adjustment pursuant to Section 3.2(d) and Section 3.2(e) and the certificate of incorporation of PubCo, as may be amended and/or restated from time to time.
Paired Voting Stock means, with respect to Class A Common Units held by a Member other than PubCo, the shares of Class B Common Stock issued in exchange for the Class B Voting Units initially paired with such Class A Common Units, subject, as applicable, to adjustment pursuant to Section 3.2(d) and Section 3.2(e) and the certificate of incorporation of PubCo.

Examples of Paired Voting Stock in a sentence

  • Immediately after the Pre-IPO Exchanges described in Section 3.1(b)(ii), certain Founder Members and TSG Members contributed a portion of their Class A Common Units and corresponding Paired Voting Stock to PubCo in exchange for an equal number of shares of Class A Common Stock.


More Definitions of Paired Voting Stock

Paired Voting Stock means, with respect to Class A Common Units held by a Member other than PubCo, the shares of Class B Common Stock issued in exchange for the Class B Voting Units initially paired with such Class A Common Units, subject, as applicable, to adjustment pursuant to Section 3.2(d) and Section 3.2(e) and the

Related to Paired Voting Stock

  • Multiple Voting Shares means the multiple voting shares in the capital of the Corporation;

  • Subordinate Voting Shares means the subordinate voting shares in the capital of the Corporation;

  • Voting Preferred Stock means, with regard to any matter as to which the holders of Series T are entitled to vote as specified in Section 8 of this Certificate of Designations, any and all series of Preferred Stock (other than Series T) that rank equally with Series T either as to the payment of dividends or as to the distribution of assets upon liquidation, dissolution or winding up of the Corporation and upon which like voting rights have been conferred and are exercisable with respect to such matter.

  • Voting Shares means shares of any class of a corporation having under all circumstances the right to vote for the election of the directors of such corporation, provided that, for the purpose of the definition, shares which only carry the right to vote conditionally on the happening of an event shall not be considered Voting Shares whether or not such event shall have happened.

  • Outstanding Voting Securities of any Person means the outstanding securities of such Person entitling the holders thereof to vote generally in the election of directors of such Person.

  • Voting Parity Stock means, with regard to any matter as to which the holders of Designated Preferred Stock are entitled to vote as specified in Sections 7(a) and 7(b) of these Standard Provisions that form a part of the Certificate of Designations, any and all series of Parity Stock upon which like voting rights have been conferred and are exercisable with respect to such matter.

  • Voting Common Stock means the Voting Common Stock, par value $.01 per share, of the Company.

  • Class A Common Shares means the Class A Convertible Voting Common Shares of the Company, par value $1.00 per share.

  • Class A Common Stock means the Class A common stock, par value $0.0001 per share, of the Company.