Preferred Stock Units definition

Preferred Stock Units means a bookkeeping entry that serves as a unit of measurement relative to a share of Preferred Stock for purposes of determining the payment of a benefit under this Plan. Such Preferred Stock Units are not outstanding shares and do not entitle a Participant to any dividend, voting or other rights in respect of any Preferred Stock.
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Preferred Stock Units means the stock units that are issued pursuant to and as provided in the Executive Employment Agreements and the Executive Benefit Plan and that represent shares of the Series A Preferred Stock or shares of the Series B Preferred Stock.
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Examples of Preferred Stock Units in a sentence

  • SUBSCRIPTION AGREEMENT (the “Agreement”) with the undersigned Purchaser for ______________ 9% Convertible Preferred Stock Units of AdvantaMeds Solutions Fund I, Inc, with no par value per share, at a purchase price of $100.00 (ONE HUNDRED DOLLARS AND ZERO CENTS) per share (aggregate purchase price: $____________________).

  • SUBSCRIPTION AGREEMENT (the “Agreement”) with the undersigned Purchaser for ______________ 9% Convertible Preferred Stock Units of StepOne Personal Health, Inc, with no par value per share, at a purchase price of $100.00 (ONE HUNDRED DOLLARS AND ZERO CENTS) per share (aggregate purchase price: $____________________).

  • Subject to the terms and conditions of the shares of 9% Preferred Convertible Preferred Stock Units (the "Convertible Preferred Stock”) described in the AdvantaMeds Solutions USA Fund I, Inc.

  • Subject to the terms and conditions of the shares of 9% Preferred Convertible Preferred Stock Units (the "Convertible Preferred Stock”) described in the StepOne Personal Health, Inc.

  • Subject to the terms and conditions of the shares of 6% Preferred Convertible Preferred Stock Units (the "Convertible Preferred Stock”) described in the AdvantaMeds Solutions USA Fund I, Inc.

  • Subject to the terms and conditions of the shares of 7% Preferred Convertible Preferred Stock Units (the "Convertible Preferred Stock”) described in the Hathaway Activated Carbon, Inc.

  • SUBSCRIPTION AGREEMENT (the “Agreement”) with the undersigned Purchaser for ______________ 6% Convertible Preferred Stock Units of AdvantaMeds Solutions Fund I, Inc, with no par value per share, at a purchase price of $100.00 (ONE HUNDRED DOLLARS AND ZERO CENTS) per share (aggregate purchase price: $____________________).

  • The Purchase Price and the number of Preferred Stock Units or other securities or property to be acquired upon exercise of a Right shall be subject to adjustment from time to time as provided in Sections 11 and 13 hereof and shall be payable in lawful money of the United States of America in accordance with paragraph (c) of this Section 7.

  • To secure the payment of the Promissory Notes, the Company or purchasing Members shall pledge the Offered Units purchased from the Seller to the Seller pursuant to a mutually acceptable security agreement.

  • The Company may offer and sell more than the Minimum Amount of Preferred Stock Units in its sole discretion, in which case the Share Percentage Interest and Warrant Percentage Interest will increase accordingly.