Conversion; Sinking Fund. The Series A Preferred Stock shall not be convertible into Common Stock or any other securities of the Corporation and shall not have exchange rights or be entitled or subject to any preemptive or similar rights. The Series A Preferred Stock shall not be subject to any sinking fund requirements.
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Sources: Preferred Stock Purchase Agreement (Eagle Bulk Shipping Inc.)
Conversion; Sinking Fund. The Series A B Preferred Stock Shares shall not be convertible into Common Stock or any other securities of the Corporation Company and shall not have exchange rights or be entitled or subject to any preemptive or similar rights. The Series A B Preferred Stock Shares shall not be subject to mandatory redemption or to any sinking fund requirements.
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