Examples of Common Capital Stock in a sentence
FOR VALUE RECEIVED, , an individual, hereby irrevocably assigns and conveys to , ( ) shares of the Common Capital Stock of Helmerich & Xxxxx, Inc., a Delaware corporation, $.10 par value.
Each holder of shares of Common Capital Stock shall have one vote in respect of each share of such stock held by him.
After the requirements with respect to preferential dividends on the Preferred Capital Stock shall have been met and after the corporation shall have complied with all the requirements, if any, with respect to the setting aside of sums as purchase, retirement or sinking funds, then and not otherwise the holders of shares of Common Capital Stock shall be entitled to receive such dividends as may be declared from time to time by the Board of Directors out of funds legally available therefor.
Each certificate representing shares of the Company's Common Capital Stock will bear a customary restrictive legend which states in effect that such shares have not been registered under the Securities Act of 1933 and consequently may not be transferred, assigned, sold or hypothecated unless registered under the Securities Act of 1933 or, in the opinion of Company's counsel, an exemption from the registration requirements of the Securities Act of 1933 is available for such transaction.
The number of shares of the Company's Common Capital Stock that each Three Strikes' shareholder shall receive in exchange for his or her shares of Three Strikes' common stock are set forth as an Exhibit and attached hereto.
The Company's Common Capital Stock, when issued and delivered hereunder, shall not be registered under the Securities Act of 1933, as amended, nor shall the Three Strikes' shareholders be granted any registration rights as to such shares.
The Common Capital Stock is divided into two series, the Common Stock and the Series B Common Stock, of which there are 44,000,000 authorized shares of Common Stock and 6,000,000 authorized shares of Series B Common Stock.
The holders of shares of Common Capital Stock shall have the right to vote for the election of directors and any and all matters voted upon by the stockholders.
The Company will take all actions as may be necessary, proper and advisable, under Federal and state securities laws in connect with the offering and issuance of the Common Capital Stock to the Three Strikes' shareholders in connection with the Reorganization provided for under this Agreement and as required to complete the transaction as contemplated.
Each ___________ share of Three Strikes' common stock that shall be outstanding on the Closing Date and held by a Three Strikes shareholder shall be converted into _____________ fully paid and nonassessable shares of the Company's Common Capital Stock; provided, however, that the number of shares of the Company's Common Capital Stock into which shares of Three Strikes' common stock are to converted shall be rounded off to the nearest whole number of shares, and no fractional shares shall be issued.