Common use of Conversion and Exchange Clause in Contracts

Conversion and Exchange. The Board shall have the authority to provide that the Participants in any Series shall have the right to convert or exchange the Shares of such Series for or into Shares of one or more other Series in accordance with such requirements and procedures as may be established by the Board.

Appears in 4 contracts

Sources: Joint Exercise of Powers Agreement, Joint Exercise of Powers Agreement, Joint Exercise of Powers Agreement