Examples of Class A Stock in a sentence
For example, ABC Company has three (3) different classes of stock: Class A Stock: Allows 3 votes per share.
Each Seller owns, beneficially and of record, all of its Sale Equity Interests, and the Sale Equity Interests owned by all Sellers comprise all of the issued and outstanding Equity Interests in the Target Group Companies other than the Class A Stock.
Company stock is divided into two classes of common stock: Class A Stock with voting rights, and Class B Stock, which does not have any voting rights.
Parent shall, with the reasonable cooperation of the Company, take, or cause to be taken, all actions, and do or cause to be done all things, necessary, proper or advisable on its part under applicable Laws and rules and policies of the NYSE to enable the de-listing by the Surviving Corporation of the Class A Stock from the NYSE and the deregistration of the Class A Stock and other securities of the Company under the Exchange Act as promptly as practicable after the Effective Time.
The Company shall not issue any dividends, rights or compensation other than, voting rights, in any different proportions to the Class A Stock than to the Class B stock.