Examples of Class B Ordinary Share in a sentence
Each share of Class B Ordinary Share is entitled to twenty votes per share, whereas each share ofClass A Ordinary Share is entitled to one vote per share.
No distribution (whether in cash or otherwise) of the Company’s assets on a winding up may be made to a holder of a Class B Ordinary Share.
Each Class B Ordinary Share is convertible at the option of the holder into one Class A Ordinary Share.
No dividend may be declared or paid, and no other distribution (whether in cash or otherwise) of the Company’s assets (including any distribution of assets to Members on a winding up) may be made to a holder of a Class B Ordinary Share.
Each holder of Class B Ordinary Shares shall, on a poll, be entitled to exercise twenty (20) votes for each Class B Ordinary Share he or she holds on any and all matters.