Examples of Series B Preferred Stock Certificate of Designation in a sentence
The rights, privileges and preferences of the Series B Preferred Stock are as stated in the Series B Preferred Stock Certificate of Designation filed with the Secretary of State of the State of Delaware on July 9, 1998.
The Company will be financially solvent, such that it will be able to pay the dividends required by Section 3(a) of both the Series A Preferred Stock Certificate of Designation and Series B Preferred Stock Certificate of Designation, through the end of 2020.
The Series B Preferred Stock Certificate of Designation (the “Certificate of Designation”), attached hereto as Exhibit A, includes a common stock beneficial ownership limitation of 4.99%, pari passu dividend rights, liquidation preferences, and other material terms as included in the Certificate of Designation.
The Company will authorize the issuance and sale of up to 200,000 shares of its Series B Preferred Stock, which shall have the powers, designations, preferences, rights, qualifications, limitations and restrictions as set forth in the form of Certificate of Designation of Resolutions Establishing Shares of Series B Preferred Stock ("Certificate of Designation") attached hereto as Exhibit 1.1 and incorporated herein.
The terms of the Management Preferred Stock are more fully set forth in the certificate of designation of the Series B Convertible Preferred Stock, attached hereto as Exhibit B (the “Series B Preferred Stock Certificate of Designation”), and the undersigned has reviewed the Series B Preferred Stock Certificate of Designation.
Pursuant to Section 17 of the Series B Preferred Stock Certificate of Designation filed with the Secretary of State of Delaware on May 28, 2002, the 200,000 shares of the issued and outstanding Series B Preferred Stock so converted are prohibited from being reissued and shall be canceled, retired or eliminated from the shares which the Corporation shall be authorized to issue.
By: /s/ Xxxx Xxxxxxxx Name: Xxxx Xxxxxxxx Title: Director Exhibit A Form of Series B Preferred Stock Certificate of Designation (see Exhibit 4.9) Exhibit B EXERCISE FORM SERIES J WARRANT MEDPRO SAFETY PRODUCTS, INC.
Immediately following the conversion of the Convertible Debt into shares of Common Stock, the Company shall convert the Series B Preferred Stock into shares of Common Stock in the manner set forth in section 4(b) of the Series B Preferred Stock Certificate of Designation, as amended.
As defined in the Purchaser Series A Preferred Stock Certificate of Designation and the Purchaser Series B Preferred Stock Certificate of Designation, collectively.
These amendments and corresponding amendments to the New Anchor Series B Preferred Stock Certificate of Designation shall be in substantially the form annexed hereto as Exhibit "A".