Common use of Conversion of Company Preferred Stock Clause in Contracts

Conversion of Company Preferred Stock. The Company shall exercise its commercially reasonable efforts to cause all outstanding shares of Company Preferred Stock to convert into shares of Company Common Stock prior to the Closing pursuant to the terms of the Company's Articles of Incorporation.

Appears in 2 contracts

Samples: Merger Agreement and Plan of Reorganization (Celsius Holdings, Inc.), Merger Agreement and Plan of Reorganization (Celsius Holdings, Inc.)

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Conversion of Company Preferred Stock. The Company shall exercise use its commercially reasonable efforts ------------------------------------- Reasonable Best Efforts to cause all outstanding of the shares of the Company Preferred Stock to convert into shares of Company Common Stock prior to the Closing pursuant to the terms of the Company's Articles of IncorporationEffective Time.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Entrust Technologies Inc)

Conversion of Company Preferred Stock. The Company shall exercise its commercially reasonable efforts take all necessary steps to cause all issued and outstanding shares of Company Preferred Stock to convert be converted into shares of Company Common Stock prior to the Closing pursuant to Effective Time in accordance with the terms Articles of Incorporation of the Company's Articles of Incorporation.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Sirf Technology Holdings Inc)

Conversion of Company Preferred Stock. The Prior to the Effective Time, the Company shall exercise use its commercially reasonable efforts to cause all of the outstanding shares of Company Preferred Stock to convert be converted into shares of Company Common Stock prior to such that shares of Company Common Stock shall be the Closing pursuant to the terms only outstanding shares of Company Capital Stock as of the Company's Articles of IncorporationEffective Time.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Solarcity Corp)

Conversion of Company Preferred Stock. The Company shall exercise its take all commercially reasonable efforts actions necessary to cause all outstanding shares the conversion of Company Preferred Stock to convert into shares of Company Common Stock prior to the Closing pursuant to the terms of the Company's Articles of IncorporationEffective Time.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Ebenx Inc)

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Conversion of Company Preferred Stock. The Company shall exercise use its commercially reasonable efforts to cause all outstanding shares each share of Company Preferred Stock to convert be converted into shares one share of Company Common Stock prior to the Closing pursuant to the terms Article IV, Section 3(b)(ii) of the Company's Articles Company Certificate of Incorporation.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Citrix Systems Inc)

Conversion of Company Preferred Stock. The Company shall exercise use its commercially reasonable best efforts to cause ensure that all outstanding shares of Company Preferred Stock to convert shall have been converted into shares of Company Common Stock prior to in accordance with the Closing pursuant to the terms of the Company's Articles of IncorporationIncorporation of Company.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Bio Technology General Corp)

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