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 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.
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.
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 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.
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.
When issued and delivered in accordance with the terms of this Agreement, the Series E Preferred Articles Supplementary and the Series E Common Articles Supplementary, the shares of Series E Preferred Stock and Series E Common Stock will be duly authorized, validly issued, fully paid and non-assessable, and free and clear of all Liens.
For avoidance of doubt, to the extent serving as a member of the Board, the person serving as the iStar Director may resign from the Board at any time and the holders of Series D Preferred Stock, the holders of Series D Common Stock (if any), the holders of Series E Preferred Stock and the holders of Series E Common Stock (if any) together as a single class shall have the right to replace such director.
The Series E Common Stock comprises the Eastcliff Emerging Growth Fund (the "Fund").