Common use of Automatic Conversion of Class B Common Stock Clause in Contracts

Automatic Conversion of Class B Common Stock. To the extent set forth below, each applicable share of Class B Common Stock shall automatically convert into one (1) fully paid and nonassessable share of Class A Common Stock upon the occurrence of an event described below (a “Mandatory Class B Conversion Event”):

Appears in 3 contracts

Samples: Business Combination Agreement (Longview Acquisition Corp.), Business Combination Agreement (HighCape Capital Acquisition Corp.), Business Combination Agreement (HighCape Capital Acquisition Corp.)

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Automatic Conversion of Class B Common Stock. To the extent set forth below, each applicable Each share of Class B Common Stock shall automatically convert into one (1) fully paid and nonassessable share of Class A Common Stock upon the occurrence of an event described below (each, a “Mandatory Class B Conversion Event”):

Appears in 1 contract

Samples: Governance Agreement (Reddit, Inc.)

Automatic Conversion of Class B Common Stock. To the extent set forth below, each applicable share of Class B Common Stock shall automatically convert into one (1) fully paid and nonassessable share of Class A Common Stock upon the occurrence of an event described below (a “Mandatory Class B Conversion Event”):

Appears in 1 contract

Samples: Agreement and Plan of Merger (D8 Holdings Corp.)

Automatic Conversion of Class B Common Stock. To the extent set forth below, each applicable share of Class B Common Stock shall automatically convert into one (1) fully paid and nonassessable share of Class A Common Stock upon the occurrence of an event described below (each, a “Mandatory Class B Conversion Event”):

Appears in 1 contract

Samples: Agreement and Plan of Merger (Blue Apron Holdings, Inc.)

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Automatic Conversion of Class B Common Stock. To the extent set forth below, each applicable share of Class B Common Stock shall automatically convert into one (1) fully paid and nonassessable share of Class A Common Stock as described below upon the occurrence earliest to occur of an event described below the following events (a “Mandatory Class B Conversion Event”):

Appears in 1 contract

Samples: Business Combination Agreement and Plan of Reorganization (DHC Acquisition Corp.)

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