Class A Preferred Stock. Notwithstanding anything to the contrary contained herein, this Warrant may not be exercised or transferred without also tendering to the Company, with executed stock powers in blank, or transferring, as the case may be, the corresponding amount of Class A Preferred Stock (after taking into account any adjustments pursuant to Section 5.2 hereof). Any exercise or transfer of this Warrant shall be deemed to include the corresponding tender or transfer of the applicable amount of Class A Preferred Stock.
Class A Preferred Stock. Each share of Class A Preferred Stock shall be (1) mandatorily and automatically converted into shares of Common Stock on the date of achievement and consummation of the Qualified Public Offering Threshold2 or (2) convertible at any time at the option of the holder into shares of Common Stock, in each case, at a price of US$0.11 per share of Common Stock per US$1.00 of Liquidation Preference at the time of such conversion (including accumulated and unpaid dividends to the date of such conversion) (the “Class A Conversion Price”). In lieu of delivering fractions of shares of Common Stock, the Company shall have the option to pay a cash adjustment or the nearest whole number of shares of Common Stock in respect of such fractions. Notwithstanding the foregoing, shares of Class A Preferred Stock shall only be mandatorily converted upon notice from the Company to the holders thereof that all outstanding Notes have been (or shall be simultaneously) voluntarily or mandatorily converted into Common Stock. The conversion privileges set forth above shall include anti-dilution protection, including without limitation with respect to dividends paid on the Common Stock, issuances of any equity capital (whether preferred stock or Common Stock) at prices below the Class A Conversion Price (regardless whether such price is above or below the Market Price (as defined below)) as more fully set forth on Schedule 3, until such Class A Preferred Stock is converted to Common Stock but including any equity interest issued by the Company that triggers such conversion, and redemption, repurchase or other acquisition by the Company of Common Stock.
Class A Preferred Stock. DOCLLC is the beneficial owner of all of the outstanding shares of Class A Preferred Stock. DOCLLC agrees that immediately prior to the Effective Time (defined below) it will distribute all of the Class A Preferred Stock which it beneficially owns to DCC. Upon receipt of the Class A Preferred Stock, DCC shall cancel and retire all outstanding shares of its Class A Preferred Stock.
Class A Preferred Stock. The Class A Preferred Stock shall have no par value, but shall have a Stated Value of One Thousand Dollars ($1,000) per share. The Board of Directors may from time to time classify additional unissued shares of Preferred Stock as Class A Preferred Stock.
Class A Preferred Stock. Upon the Effective Date of the Merger, each ----------------------- share of Class A Preferred Stock issued and outstanding immediately prior thereto shall, by virtue of the Merger and without any action by the Constituent Corporations, the holder of such shares or any other person, be changed and converted into and exchanged for one fully paid and nonassessable share of Class A Preferred Stock, $0.01 par value, of the Surviving Corporation ("ChipPAC ------- Delaware Class A Preferred Stock"). --------------------------------
Class A Preferred Stock. Each share of GoSolutions Class A Preferred Stock issued and outstanding immediately prior to the Effective Time, other than shares, if any, for which appraisal rights have been or will be perfected in compliance with applicable law, and except for shares cancelled pursuant to Section 1.6(g) hereof, will by virtue of the Merger and at the Effective Time, and without further action on the part of any holder thereof, be converted into the right to receive (i) that number of fully paid and nonassessable shares of VEDO Common Stock which is equal to the quotient of 44,332,230 divided by the GoSolutions Fully Diluted Preferred Shares (as defined below), (ii) that number of Escrow Shares (as provided for herein and as defined below) which is equal to the quotient of the number of Escrow Shares released pursuant to the terms of the Escrow Agreement divided by the GoSolutions Fully Diluted Preferred Shares, and (iii) that number of Penalty Shares, if any, which is equal to the quotient of the number of Penalty Shares issued pursuant to Section 1.11 divided by the GoSolutions Fully Diluted Preferred Shares.
Class A Preferred Stock. Each issued and outstanding share of Class A Preferred Stock (as defined in Section 3.3) shall be converted into the right to receive the sum of:
Class A Preferred Stock. The liquidation value of each share of Class A Preferred Stock shall be $22,000.
Class A Preferred Stock. Following the Effective Time, upon surrender in accordance with Section 1.04 of the certificate or certificates formerly representing Class A Preferred Stock of each holder, such holder will be entitled to receive in exchange for such shares of Class A Preferred Stock, in accordance with Section 1.02, (i) a certificate or certificates representing the number of whole shares of New Common Stock into which such Class A Preferred Stock was reclassified and converted pursuant to the Reclassification and (ii) a cash payment equal to the Fractional Share Amount in respect of any remaining fractional share of New Common Stock otherwise issuable to such holder.
Class A Preferred Stock. The class, designated as Class A Preferred Stock, will have the designations, preferences, voting powers, relative, participating, optional or other special rights and privileges, and the qualifications, limitations and restrictions as follows:
