Common use of Class A Shares and Class B Shares Clause in Contracts

Class A Shares and Class B Shares. Recognizing that the Sulliden Shares shall be re-designated as Class B Shares pursuant to Section 2.3(d) and Class B Shares shall be exchanged partially for Class A Shares pursuant to Section 2.3(k)(i), Sulliden shall not issue share certificates representing the Class B Shares or the Class A Shares in replacement for outstanding share certificates representing the Sulliden Shares and each certificate representing the outstanding Sulliden Shares shall, as and from the time such exchange is effective, represent Class A Shares.

Appears in 5 contracts

Samples: Arrangement Agreement (Rio Alto Mining LTD), Arrangement Agreement (Rio Alto Mining LTD), Arrangement Agreement (Rio Alto Mining LTD)

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