Voting Stock Equivalents definition

Voting Stock Equivalents means any right, warrant, option or security of the Company which is exercisable or exchangeable for or convertible into, or represents the right to otherwise acquire, directly or indirectly, Voting Stock, whether at the time of issuance or upon the passage of time or the occurrence of some future event. Each Voting Stock Equivalent shall count as a number of shares of Voting Stock equal to the number of shares of Common Stock into which such Voting Stock Equivalent is then convertible, exchangeable or exercisable.
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Voting Stock Equivalents shall have the meaning set forth in Section 11(a)(iii) hereof.
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Voting Stock Equivalents means, at any time of determination, without duplication with any other Voting Stock or Voting Stock Equivalents, any security of the Company which is convertible, exercisable or exchangeable by the holder thereof at the relevant time of determination into or for, directly or indirectly, Voting Stock of the Company, whether at such time or upon the passage of time or the occurrence of some future event. For the avoidance of doubt, Voting Stock Equivalents shall not include those shares of Class B Common Stock, shares of the Company's Series E Preferred Stock or warrants convertible into shares of such Series E Preferred or shares of such Class B Common, in each case that are Beneficially Owned by any ▇▇ ▇▇▇▇▇▇.
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Examples of Voting Stock Equivalents in a sentence

  • No Stockholder shall enter into any agreement with respect to the Voting Stock or Voting Stock Equivalents beneficially owned or held of record by it which is inconsistent with this Agreement or otherwise conflicts with the provisions hereof.

  • All Voting Stock or Voting Stock Equivalents held by or acquired by any Affiliates will be aggregated together for the purpose of determining the availability of any rights under this Agreement.

  • In addition, if any Stockholder shall fail to vote as required by the specific terms of this Section 2, such Stockholder shall be deemed to have irrevocably constituted and appointed the other Stockholders as his proxy coupled with an interest to vote such Stockholder's Voting Stock Equivalents on a pro rata basis in accordance with the terms of this Section 2.

  • In addition to each other restriction on transfer contained in this Agreement, no Stockholder shall (i) sell, assign, transfer or otherwise dispose of any Common Shares or Preferred Shares or (ii) purchase or otherwise acquire any Common Shares or Preferred Shares if, as a result of such transaction, any Person or group of Affiliated Persons would own more than 49.9% of the Voting Stock Equivalents then outstanding (a "Control Block").


More Definitions of Voting Stock Equivalents

Voting Stock Equivalents means (i) shares of Common Stock at the time outstanding and (ii) shares of Common Stock issuable upon conversion of shares of Series A Stock at the time outstanding.
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Voting Stock Equivalents. Any option, warrant, right or similar security immediately exercisable into, exchangeable for, or convertible into Voting Stock.
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