Examples of Series A-3 Common Stock in a sentence
Each share of Series A-1 Common Stock, Series A-2 Common Stock and Series A-3 Common Stock shall be converted, automatically and without payment of additional consideration or further action by the holder thereof, into one fully paid and non-assessable share of Common Stock upon the Transfer of such share pursuant to a Released Share Offering in accordance with the Registration Agreement.
Each share of Class B Common Stock shall be converted into shares of Series A-1 Common Stock, Series A-2 Common Stock, Series A-3 Common Stock or Common Stock, as applicable, on the terms and conditions set forth below in this Section 3(C).
The purchase price to be paid by the Purchaser for the Securities being purchased by the Purchaser pursuant to Section 1(a) shall be (i) $40.00 per share for each share of Series A-1 Common Stock, Series A-2 Common Stock, Series A-3 Common Stock and Series A-4 Common and (ii) $100.00 per share for each share of Series A Preferred Stock, for an aggregate cash purchase price of $19,750,080.00.
Each share of Series A-1 Common Stock, Series A-2 Common Stock and Series A-3 Common Stock shall be converted into shares of Common Stock on the terms and conditions set forth below in this Section 3(B)(1).
As of the date hereof, there are 73,440,000 shares of NYMEX Holdings Common Stock issued and outstanding, which consists of 24,480,000 shares of each of Series A-1 Common Stock, Series A-2 Common Stock and Series A-3 Common Stock, and 8,160,000 shares of NYMEX Holdings Preferred Stock issued and outstanding and NYMEX Holdings has no other shares of capital stock issued or outstanding.
The Series A-3 Common Stock shall --------------------------------- be non-voting, and the holders thereof, as such, shall not be entitled to vote on matters to be voted upon by the stockholders of the Corporation.
The Series A-1 Common Stock, the Series A-2 Common Stock and the Series A-3 Common Stock are collectively referred to herein as shares of “Pre-IPO Common Stock” and the other shares of common stock are referred to herein as shares of “Common Stock.” All shares of Pre-IPO Common Stock that automatically convert into shares of Common Stock pursuant to Article FIFTH, Section (c), shall be retired and shall not assume the status of authorized shares or be available for reissuance.
If upon such liquidation, dissolution or winding up, the assets to be distributed among the holders of the shares of Series A-3 Common Stock shall be insufficient to permit payment to the holders thereof of such amounts, then all of the assets of the Corporation then remaining shall be distributed ratably among the holders of the shares of Series A-3 Common Stock.