Common use of Designations and Amounts Clause in Contracts

Designations and Amounts. The Board of Directors of the Company, pursuant to authority granted in the Articles of Incorporation, hereby creates a series of preferred stock designated as Series B Preferred Stock (the “Series B Preferred Stock”) with a stated value of $0.001 per share. The number of authorized shares constituting the Series B Preferred Stock shall be Three Hundred Thousand (300,000) shares.

Appears in 2 contracts

Samples: Lender Acquisition Agreement (Sylios Corp), Lender Acquisition Agreement (Adventure Energy, Inc.)

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Designations and Amounts. The Board of Directors of the Company, pursuant to authority granted in the Articles of Incorporation, hereby creates a series of preferred stock designated as Series B A Preferred Stock (the “Series B A Preferred Stock”) with a stated value of $0.001 per share. The number of authorized shares constituting the Series B A Preferred Stock shall be Three Hundred Thousand Million (300,0003,000,000) shares.

Appears in 2 contracts

Samples: Lender Acquisition Agreement (Sylios Corp), Lender Acquisition Agreement (Adventure Energy, Inc.)

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Designations and Amounts. The Board of Directors of the CompanyCorporation, pursuant to authority granted in the Articles of Incorporation, hereby creates a series of preferred stock designated as Series B A Preferred Stock (the "Series B A Preferred Stock") with a stated value of $0.001 per share. The number of authorized shares constituting the Series B A Preferred Stock shall be Three Hundred Thousand One Million (300,0001,000,000) shares.

Appears in 1 contract

Samples: Preferred Stock (Rocky Mountain High Brands, Inc.)

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