Examples of Restricted Preferred Securities in a sentence
If shares of Common Stock to be issued upon conversion of a Security in respect of Restricted Preferred Securities are to be registered in a name other than that of the Holder of such Preferred Security, then the Person in whose name such shares of Common Stock are to be registered must deliver to the Conversion Agent a certificate satisfactory to the Company and signed by such Person, as to compliance with the restrictions on transfer applicable to such Preferred Security.
Common Stock to be issued upon conversion of a Series A Debenture in respect of Restricted Preferred Securities of the Series A Trust shall bear such restrictive legends as the Company may provide in accordance with applicable law.
Nothing contained herein nor the ownership of any Restricted Securities or Restricted Preferred Securities shall confer upon any Management Stockholder or Additional Management Stockholder the right to employment or to remain in the employ of the Company or any of its Subsidiaries.
By its acceptance of any Preferred Security bearing the Restricted Preferred Securities Legend, each Holder of such a Preferred Security acknowledges the restrictions on transfer of such Preferred Security set forth in this Trust Agreement and in the Restricted Preferred Securities Legend and agrees that it will transfer such Preferred Security only as provided in this Trust Agreement.
Shares of Common Stock to be issued upon conversion of a Security in respect of Restricted Preferred Securities (as defined in the Declaration) shall bear such restrictive legends as the Company may provide in accordance with applicable law.