Examples of Series D Preferred Stockholder in a sentence
The Series D Preferred Stockholder agrees, and any representative of such Preferred Stockholder will agree, to hold in confidence and trust and not use or disclose any confidential information provided to or learned by it in connection with the rights granted in Section 8.1 other than in connection with the investment in the Company.
The Company has designated 500,000 as Series D Preferred Stock that convert into 100 shares of common stock for each 1 share of Series D Preferred Stock and vote on actions required to have Series D Preferred Stockholder approval.
These shares have voting rights and vote on actions required to have Series D Preferred Stockholder approval.
At the election of each Series D Preferred Stockholder, such dividends may be paid in cash or with shares of Common Stock.
The Corporation shall also cause a copy of such statement to be sent, by first-class, certified mail, return receipt requested, postage prepaid, to each Series D Preferred Stockholder at such holder's address appearing on the Corporation's records.
Each undersigned Series D Preferred Stockholder understands that his, her or its waiver and agreements hereunder are irrevocable unless otherwise agreed to in writing by the Company.
The number of shares of Common Stock to which a Series D Preferred Stockholder shall be entitled upon conversion shall be the product obtained by multiplying the number of shares of Series D Preferred Stock being converted by the then applicable Conversion Rate (as defined in Section 5(c) hereof).
Xxxxxxxx Name of Series D Preferred Stockholder: Number of Shares: Xxxxxxx X.
Accordingly, whenever it proposes to issue Additional Shares which are subject to the preemptive rights herein, the Company shall give written notice thereof (the "Additional Shares Sales Notice") to each Series B Preferred Stockholder, Series C Preferred Stockholder and Series D Preferred Stockholder at least ten (10) days prior to the date of the proposed issuance of such Additional Shares (the "Proposed Issuance Date").
If any Series D Preferred Stockholder or any of its Affiliates is required to file the Corporation’s financial statements in their SEC Reports, the Corporation will authorize its independent accounting firm to cooperate with such Series D Preferred Stockholder and deliver to such Series D Stockholder any accountants’ comfort letters which may be needed in connection with securities offerings by such Series D Preferred Stockholder.