Series A Stock definition
Examples of Series A Stock in a sentence
The Series A Stock, the Warrants, the Conversion Shares and the Warrant Shares shall also bear any other legends required by applicable Federal or state securities laws, which legends may be removed when in the opinion of counsel to the Company experienced in the applicable securities laws, the same are no longer required under the applicable requirements of such securities laws.
The exercise of the Series A Stock Option to purchase any number of Series A Stock Option Shares shall cause a corresponding reduction in the number of Series A Stock Tandem SARs.
Certificates representing Series A Stock Option Shares purchased by Grantee hereunder may bear such restrictive and other legends as counsel for the Company shall require in order to insure compliance with any such law or any rule or regulation promulgated thereunder.
Grantee acknowledges that neither the Series A Stock Option nor any of the Series A Stock Option Shares has been registered under the Securities Act of 1933 and that the Series A Stock Option Shares may not be transferred in the absence of such registration or the availability of an exemption therefrom under such Act or the rules and regulations of the Securities and Exchange Commission promulgated thereunder.
The Series A Stock Option and Series A Stock Tandem SARs are exercisable only in accordance with the conditions stated in this paragraph.