Company Preferred Stock. Shares of Company Preferred Stock issued and outstanding immediately prior to the Effective Time shall be exchanged for the right to receive, pari passu with the shares of Company Common Stock outstanding immediately prior to the Effective Time, a pro-rata portion of a total of 1,820,000 shares of Parent Common Stock.
Appears in 3 contracts
Samples: Agreement and Plan of Merger (Amarantus BioSciences, Inc.), Agreement and Plan of Merger (Jumpkicks, Inc.), Agreement and Plan of Merger (Amarantus BioSciences, Inc.)
Company Preferred Stock. Shares of Company Preferred Stock issued and outstanding immediately prior to the Effective Time shall be exchanged for the right to receivereceive shares of Parent Preferred Stock at the ratio of 1:1, pari passu with the or one (1) shares of Parent Preferred Stock per every one (1) shares of Company Common Preferred Stock. All Parent Preferred Stock outstanding immediately exchanged for Company Preferred Stock shall give Preferred Stock holders rights in the Parent Company which mirror the rights granted by way of ownership of Company Preferred Stock prior to the Effective Time, a pro-rata portion of a total of 1,820,000 shares of Parent Common Stockmerger.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Blue Earth Solutions, Inc.)
