Common use of Fractional Shares of Preferred Stock Clause in Contracts

Fractional Shares of Preferred Stock. Series A Participating Preferred Stock may be issued in fractions of a share that will entitle the holder, in proportion to such holder’s fractional shares, to exercise voting rights, receive dividends, participate in distributions and to have the benefit of all other rights of holders of Series A Participating Preferred Stock. * * *

Appears in 3 contracts

Samples: Preferred Stock Rights Agreement (Cue Health Inc.), Preferred Stock Rights Agreement (Forte Biosciences, Inc.), Preferred Stock Rights Agreement (Twitter, Inc.)

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Fractional Shares of Preferred Stock. Series A B Participating Preferred Stock may be issued in fractions of a share that will shall entitle the holder, in proportion to such holder’s fractional shares, to exercise voting rights, receive dividends, participate in distributions and to have the benefit of all other rights of holders of Series A B Participating Preferred Stock. * * *

Appears in 1 contract

Samples: Preferred Stock Rights Agreement (Woodward, Inc.)

Fractional Shares of Preferred Stock. Series A B Participating Preferred Stock may be issued in fractions of a share that will entitle the holder, in proportion to such holder’s fractional shares, to exercise voting rights, receive dividends, participate in distributions and to have the benefit of all other rights of holders of Series A B Participating Preferred Stock. * * ** This Certificate of Designations shall be effective as of [●], Eastern Time, on [●], 20[●].

Appears in 1 contract

Samples: Preferred Stock Rights Agreement (Zymeworks Delaware Inc.)

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Fractional Shares of Preferred Stock. Series A B Participating Preferred Stock may be issued in fractions of a share that will entitle the holder, in proportion to such holder’s fractional shares, to exercise voting rights, receive dividends, participate in distributions and to have the benefit of all other rights of holders of Series A B Participating Preferred Stock. * * *

Appears in 1 contract

Samples: Preferred Stock Rights Agreement (Zymeworks Delaware Inc.)

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