Common use of Shares of Class B Clause in Contracts

Shares of Class B. Common Stock acquired by a Participating Stockholder or the Corporation in accordance with Section 4.2 (individually, a “Purchaser”) hereof may be paid for, at the election of such Purchaser, in cash, shares of Class A Common Stock or a combination of such consideration as follows:

Appears in 6 contracts

Samples: Stockholders’ Agreement (Nacco Industries Inc), Stockholders’ Agreement (Hamilton Beach Brands Holding Co), Stockholders’ Agreement (Hyster Yale Materials Handling Inc.)

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