Restricted Voting Shares definition
Examples of Restricted Voting Shares in a sentence
Such Stockholder hereby further affirms that the irrevocable proxy is coupled with an interest and may, under no circumstances be revoked; provided, however, that from and after a Company Adverse Recommendation Change, such proxy be automatically limited to apply only to Restricted Voting Shares of any Stockholder.
For purposes hereof, the payment of dividends by way of a stock dividend in Common Shares on the Common Shares and in Restricted Voting Shares on the Restricted Voting Shares in the same number per share shall be considered to be a pari passu payment of dividends.
KML confirms that, in accordance with the relevant provisions of the KML RSU Plans, the KML Board has approved accelerated vesting of all KML Awards, and all outstanding KML Awards shall be settled in cash or KML Restricted Voting Shares, as determined by the KML Board in accordance with the KML RSU Plans prior to the Effective Time in the manner set forth in the KML Disclosure Letter.
If, after seeking and receiving such approval, the Corporation elects to so proceed, it will pay the Extension Redemption Price to all redeeming holders of Class A Restricted Voting Shares deposited for redemption.
The holder may, but need not, submit this certificate after the Detachment Date to the transfer agent for issuance of a new certificate (without legends) solely evidencing Class A Restricted Voting Shares in substitution for this certificate.