Examples of Series B Preferred Stock in a sentence
In consideration of his services as a director and treasurer and his obligations under Section VI of this Agreement, the Company shall issue and deliver to Xxxxx 2,000,0000 restricted shares of its Series B Preferred Stock and 500,000,000 restricted shares of the Company's common stock to Xxxxx.
In lieu of fractional shares, the Shareholders upon surrender of their Certificates as set forth in Section 1.3 shall be issued that number of shares of Common Stock and Series B Preferred Stock resulting by rounding up to the nearest whole number of shares of Acquisition Shares that each such Shareholder shall receive as a result of the Exchange.
No fraction of a share of ENMI Common Stock and Series B Preferred Stock shall be issued in the Exchange.