Examples of Class B Shares in a sentence
The Class B Shares provide the holder with the right to one (1) vote per share on all matters coming before the AEI stockholders for a vote.
The holders of Class A Shares and the holders of Class B Shares shall be entitled to share equally, Share for Share, in any distribution declared by the Board.
The authorized capital of the Company, after giving effect to the foregoing, shall consist of an unlimited number of Class B Shares.
On March 12, 2024, the Committee formally approved vesting of 156,250 Class B Shares (i.e., 50% of the 312,500 Class B Shares underlying the 2024 LILAB PSUs) based on your and the Company’s performance during 2023.
Subject to the priority of Distributions pursuant to Section 10.03(c), if applicable, all Distributions determined to be made by the Board shall be made to the Members pro rata in proportion to their holdings of Class A Shares and Class B Shares, treated as a single class.