Common use of Issuance of Preferred Stock Clause in Contracts

Issuance of Preferred Stock. The consent and agreement of the Other Shareholders to the issuance of preferred shares of stock in the Company (each, a "Class B Share") to the Preferred Shareholder in an amount equal to the Class B Amount. Each Class B Share shall have a par value of $5,000.00. The Company may issue fractional Class B Shares.

Issuance of Preferred Stock. The consent and agreement of the Other --------------------------- Shareholders to the issuance of preferred shares of stock in the Company (each, a "Class B ShareEquity Interests") to the Preferred Shareholder in an amount equal to ------------------------ the Class B Amount. Each Class B Share Equity Interests shall have a par value of $5,000.00. The Company may issue fractional Class B SharesEquity Interests.