Examples of Converted Common Stock in a sentence
The executive officers of the Corporation or their designees shall use the Effective Date as the record date for determining the holders of record of the Converted Common Stock.
The price per share for the Convertible Note Converted Common Stock shall be $0.026 and the price per share for the Preferred Exchange Note Stock shall be approximately $5.12.
From and after the Effective Date, each certificate representing shares of Converted Common Stock shall represent that number of shares of Common Stock determined in accordance with the preceding sentences.
The notices of redemption shall be signed and dated by the Requesting Holders, and shall state: the names and addresses of the Requesting Holders; the number of shares of Series A Stock and Converted Common Stock held by each Requesting Holder; a concise statement of the event or events specified in subsection 4(a) of this Resolution on which the redemption is predicated; and the redemption price and a concise statement setting forth the basis on which the redemption price was calculated.
Upon surrender of certificates representing shares of Converted Common Stock to the Corporation, the executive officers of the Corporation or their designees shall issue to such holders of record a new certificate or certificates, endorsed with such legends as are required or are appropriate, representing _________ shares of Common Stock for every one share of the Converted Common Stock as shall be registered on the Corporation's stock transfer records for such holder.