Examples of Series E Common Stock in a sentence
The Company shall furnish without charge to Participant, if he or she so requests, a statement of the powers, designations, preferences and relative, participating, options or other special rights of the Series E Common Stock and the qualifications, limitations or restrictions of such preferences and/or rights.
In the event that a holder of Series E Preferred elects to convert its shares of Series E Preferred pursuant to Section 5.4(a) or there occurs an event requiring automatic conversion of the Series E Preferred pursuant to Section 5.4(b), such holder may elect to convert all of such shares into Series E Common Stock with the rights provided in these Articles of Incorporation.
In addition, if all of the Series E Preferred are converted into shares of Series A Common Stock, the designation of the Series E Common Stock as a separate series of Common Stock shall automatically terminate.
The date of redemption of the Exchange Shares and transfer of the Series E Preferred Partnership Units and the shares of Series E Common Stock shall be the date that is two days after an Exchange Trigger Date.
In consideration of the recitals, Participant’s agreement to remain in the employ of the Company, ORIX LP or the Company’s Subsidiaries, and for other good and valuable consideration, effective as of the Grant Date, the Company agrees to and does hereby issue to Participant the number of shares of Series E Common Stock set forth in the Grant Notice upon the terms and conditions set forth in the Plan, the Grant Notice and this Agreement.
Where the Series E Common Stock is entitled to voting rights by law, all shares of Series E Common Stock shall vote and be counted together with the Series A Common Stock, the Series B Common Stock, the Series C Common Stock and the Series D Common Stock and not separately as a voting group, except as required by law.
In the event the outstanding shares of Common Stock (whether Series A Common Stock, Series E Common Stock or Common Stock) shall be subdivided, by stock split, or otherwise (but other than by stock dividend, which is addressed in Section 5.4(d)(ii)(2) of these Articles of Incorporation), into a greater number of shares of Common Stock, the Conversion Price for each series of Preferred Stock then in effect shall, concurrently with the effectiveness of such subdivision, be proportionately decreased.
Notwithstanding anything to the contrary contained herein or in the Charter, the holders of the Series E Common Stock may take action or consent to any action by delivering to the Corporation a consent, in writing or by electronic transmission, of the holders entitled to cast not less than the minimum number of votes that would be necessary to authorize or take the action at a meeting of the holders of the Series E Common Stock.
The designations of the Series A Common Stock, Series B Common Stock, Series C Common Stock, Series D Common Stock and Series E Common Stock in this Article are expressly subject to the provisions of Section 4.3.6, Section 4.3.7, Section 4.3.8 and 4.3.9. 2 3 4.3.2 ISSUANCE.
Shares of Series E Common Stock that have been converted in accordance with this Section 2(b) may not be reissued as shares of Series E Common Stock and will (upon compliance with applicable law) be cancelled and retired and have the status of authorized and unissued shares of Common Stock undesignated as to series and may be redesignated and reissued as part of any series of Common Stock.