Examples of Series B Stockholders in a sentence
In the absence of any notice from the Series B Stockholders, the Series A-1 Stockholders and MPM, the director(s) then serving and previously designated by the Series B Stockholders, the Series A-1 Stockholders and MPM, as applicable, shall be renominated.
The Series B Stockholders, the Series A-1 Stockholders and MPM shall notify the Corporation in writing at least three (3) days prior to such mailing of the persons designated by them respectively pursuant to Section 4.2 above as nominees for election to the Board.
The Corporation shall provide the Series B Stockholders, the Series B-2 Stockholders, the Series A-1 Stockholders and MPM with at least twenty (20) days’ prior notice in writing of any intended mailing of notice to the Stockholders of a meeting at which directors are to be elected, and such notice shall include the names of the persons designated by the Corporation pursuant to this Section 4.
The Series B Stockholders, the Series B-2 Stockholders, the Series A-1 Stockholders and MPM shall notify the Corporation in writing at least three (3) days prior to such mailing of the persons designated by them respectively pursuant to Section 4.2 above as nominees for election to the Board.
The Corporation shall provide the Series B Stockholders, the Series A-1 Stockholders and MPM with at least twenty (20) days’ prior notice in writing of any intended mailing of notice to the Stockholders of a meeting at which directors are to be elected, and such notice shall include the names of the persons designated by the Corporation pursuant to this Section 4.
In the absence of any notice from the Series B Stockholders, the Series B-2 Stockholders, the Series A-1 Stockholders and MPM, the director(s) then serving and previously designated by the Series B Stockholders, the Series B-2 Stockholders, the Series A-1 Stockholders and MPM, as applicable, shall be renominated.
Within five (5) days of the receipt of written notice from the Majority of Series B Preferred Stock (as defined below), the Company shall provide written notice to the other Series B Stockholders (the "Minority Series B Stockholders") of the demand for redemption by the Majority of Series B Preferred Stock (the "Opt-Out Redemption Notice").
The Minority Series B Stockholders who exercise the Opt Out Right shall forfeit any rights to cause any future mandatory redemption under this agreement.
Notwithstanding anything to the contrary contained herein, nothing shall be deemed to limit the Company’s ability to consummate the Rights Offering or require the consent of Series B Stockholders or Series B Directors prior to such consummation (other than as may be required by law); provided that nothing herein shall prohibit the Series B Directors from voting on the Rights Offering and its terms as a group with all other directors.
Any provision of this Agreement may be amended by a written instrument signed by the Company and by the Series B Stockholders holding at least two-thirds (2/3) of the outstanding Registrable Securities then held by the Series B Stockholders.