Class B Ordinary Share definition
Examples of Class B Ordinary Share in a sentence
The one Class B Ordinary Share currently held by the Subscriber following the incorporation of the Company shall be repurchased by the Company at par immediately following the issue of the Shares by the Company.
The Subscriber hereby surrenders to the Company for no consideration the one Class B Ordinary Share, $0.0001 par value that the Subscriber holds in the Company.
Each one (1) Class B Ordinary Share is convertible into one (1) Class A Ordinary Share.
In respect of all matters subject to vote by way of poll at general meetings of the Company, each holder of Class A Ordinary Shares will be entitled to one vote per one Class A Ordinary Share and each holder of Class B Ordinary Shares will be entitled to 100 votes per one Class B Ordinary Share.