Common use of Stated Value Clause in Contracts

Stated Value. The Class B Stock shall consist of 1,400,000 shares, par value $1.00 per share, each of which shall have a stated value of $50 per share (the "Stated Value").

Appears in 2 contracts

Sources: Acceleration and Exchange Agreement (Grand Union Co /De/), Acceleration and Exchange Agreement (Trefoil Investors Ii Inc)