Examples of Series C-1 Stock in a sentence
From and after the undersigned’s execution and delivery and the Company’s acceptance of this Counterpart Signature Page, the undersigned shall be a party to the Agreement as a “Series C-1 Investor” and the shares of Series C-1 Stock owned by the undersigned shall be deemed to be “Shares” for all purposes of the Agreement.
The foregoing Conversion Price for each of the Series A Stock, Series A-1 Stock, Series B Stock, Series C Stock, Series C-1 Stock and Series D Stock reflects all deemed issuances of Additional Stock and reflects all prior Conversion Price adjustments and the assumed prospective issuance of $25,500,000 of shares of Series D Stock.
Upon the occurrence of a Series C-1 Stock Price Trigger (as defined below), each share of Series C-1 Preferred Stock shall be convertible at the election of the holder of the Series C-1 Preferred Stock in accordance with Section 5(c)(ii) hereof.
Each Class B Series will be deemed to correspond to the Class A Series and the Class C Series designated by the same number, such that the Series B-1 Stock will be deemed to correspond to the Series A-1 Stock and the Series C-1 Stock, and each subsequently-numbered Class B Series will be deemed to correspond to the Class A Series and the Class C Series bearing the corresponding number.
For purposes of this Restated Certificate of Incorporation, “ Original Issue Price” shall mean (i) with respect to the Series D Stock, $0.59808 per share, (ii) with respect to the Series C-1 Stock, $0.79744 per share, (iii) with respect to the Series C Stock, $1.46177 per share, (iv) with respect to the Series B Stock, $3.558 per share, (v) with respect to the Series A-l Stock, $3.27 per share and (vi) with respect to the Series A Stock, $1.33 per share.
The Series C Stock, the Series C-1 Stock and the Series C-2 Stock shall hereinafter be referred to, collectively, as the "Senior C Stock", and the Series B Stock and the Series B-1 Stock shall hereinafter be referred to, collectively, as the "B Stock".
The current Conversion Price of the Series A Stock shall be $0.82674; the current Conversion Price of the Series A-1 Stock shall be $1.41037; the current Conversion Price of the Series B Stock shall be $1.49526; the current Conversion Price of the Series C Stock shall be $0.67111; the current Conversion Price of the Series C-1 Stock shall be $0.67111; and the initial Conversion Price of the Series D Stock shall be $0.59808.
The current Conversion Price of the Series A Stock shall be $0.82460; the current Conversion Price of the Series A-l Stock shall be $1.4067; the current Conversion Price of the Series B Stock shall be $1.49140; the current Conversion Price of the Series C Stock shall be $0.66938; the current Conversion Price of the Series C-1 Stock shall be $0.66938, and the initial Conversion Price of the Series D Stock shall be $0.59808.
Notwithstanding Section 6.3, no consent shall be necessary to add additional Investors as signatories to this Agreement or to update Exhibit A hereto, provided that such Investors have purchased Series C-1 Stock pursuant to the subsequent closing provisions of Section 2.2 of the Series C-1 Agreement.
The Series C-1 Conversion Price for one (1) share of Series C-1 Stock shall be One Dollar ($1.00) (as such may be adjusted pursuant to Subparagraphs 5(g)(i) through 5(g)(vii) hereof) (the "Adjusted Series C-1 Conversion Price").