Class B-2 Common Stock definition

Class B-2 Common Stock means the Company’s Class B-2 Non-Voting Common Stock, $0.01 par value per share.

Class B-2 Common Stock has the meaning set forth in Section 2.2(a)(i).

Class B-2 Common Stock means the Class B-2 Common Stock to be created as a separate class of Common Stock upon the Restated Charter Effectiveness pursuant to the Restated Certificate of Incorporation.

Examples of Class B-2 Common Stock in a sentence

• To answer this question, peer triad observation notes and post-intervention interview transcriptions were examined.

• Seller EarnoutsUpon completion of the Business Combination, the equity owners of Alight Holdings received an earnout in the form of non-voting shares of Class B-1 and Class B-2 Common Stock, which automatically convert into Class A Common Stock if, at any time during the seven years following the Closing Date certain criteria are achieved.

• In any such vote, holders of Class B-1 Common Stock shall be entitled to six votes for each share of Class B-1 Common Stock held, holders of Class B-2 Common Stock shall be entitled to two votes for each share of Class B-2 Common Stock held, holders of Class B-3 Common Stock shall be entitled to one vote for each share of Class B-3 Common Stock held and holders of Class B-4 Common Stock shall be entitled to one-sixth of one vote for each share of Class B-4 Common Stock held.

• These 15,000,000 RMR LLC class A membership units are paired with an equal number of shares of the Class B-2 Common Stock of the Issuer (“Class B-2 Common Shares”, and together with the Class B-1 Common Shares and the Class A Common Shares, the “Shares”).Each Class A Common Share is entitled to one vote, each Class B-1 Common Share is entitled to ten votes and each Class B-2 Common Share is entitled to ten votes.

• Seller EarnoutsUpon completion of the Business Combination, the equity owners of Alight Holdings received an earnout in the form of non- voting shares of Class B-1 and Class B-2 Common Stock, which automatically converts into Class A Common Stock if, at any time during the seven years following the Closing Date certain criteria are achieved.

More Definitions of Class B-2 Common Stock

Class B-2 Common Stock means, as applicable, (a) the Class B-2 Common Stock, par value $0.0001 per share, of Pubco or (b) following any consolidation, merger, reclassification or other similar event involving Pubco, any shares or other securities of Pubco or any other Person that become payable in consideration for the Class B-2 Common Stock or into which the Class B-2 Common Stock is exchanged or converted as a result of such consolidation, merger, reclassification or other similar event.

Class B-2 Common Stock means the Class B-2 Common Stock to be created as a separate class of Common Stock following Stockholder Approval pursuant to the Restated Certificate of Incorporation.

Class B-2 Common Stock means the Class B-2 Common Stock of the Company.

Class B-2 Common Stock has the meaning set forth in the LLC Agreement.

Class B-2 Common Stock means the Class B-2 Common Stock to be created as a separate class of Common Stock following the Class B Effectiveness, having the powers, designations and preferences set forth in the Certificate of Incorporation.

Class B-2 Common Stock shall have the meaning set forth in the recitals.

Class B-2 Common Stock. Section 1.1 "Class B & C Common Stock" Section 8 -42-