Examples of Class H Common Stock in a sentence
Shares of Class H Common Stock converted pursuant to Section 3.2.1 shall be automatically retired and cancelled and may not be reissued, and the Corporation may thereafter take such appropriate action (without the need for stockholder action) as may be necessary to reduce the authorized number of shares of Class H Common Stock accordingly.
Upon the transfer, assignment, sale or other disposition of Class H Common Stock to a person that is not a Subsidiary (as defined below) of the Corporation, each share of Class H Common Stock so transferred, assigned, sold or otherwise disposed of shall automatically convert into one (1) share of Class A Common Stock.
Except as expressly provided in this Article Fourth, each of the Class A Common Stock, the Class B Common Stock, the Class C Common Stock and the Class H Common Stock shall have the same rights and privileges and rank equally, share ratably and be identical in all respects as to all matters.
This percentage amount, which we call the "Class H Fraction," changes depending on the number of shares of GM Class H Common Stock outstanding at any time.
Revocations should be sent to the Secretary of General Motors at the following address: General Motors Corporation General Motors Building 3044 West Grand Boulevard Detroit, Michigan 48202-3091 Attention: Secretary THE ISSUERS The New GM Class H Common Stock will be issued by General Motors.
Because New Hughes Electronics contemplates retaining future earnings for the development of its business, General Motors does not anticipate that it will initially pay any cash dividends on the New GM Class H Common Stock.
Each share of GM Class H Common Stock will become a share of New GM Class H Common Stock.
Any reduction in the water holding capacity of the flood plain for a 100-year event caused by structures, improvements, filling or re-grading of land shall be compensated for prior to issuance of a Certificate of Zoning Compliance or building permit.
The Group continuously reviews and improves the quality management system, formulates and implements relevant measures to strengthen its effort in systematic and standardized quality management to improve the quality management performance.
As of the Record Date, directors and executive officers of General Motors (and their affiliates) together held less than 1% of the outstanding shares of GM $1 2/3 Common Stock and less than 1% of the outstanding shares of GM Class H Common Stock.