Volatus Shares definition

Volatus Shares means, together, the Volatus Common Shares and the Volatus Class A Preferred Shares.

Related to Volatus Shares

Common Shares when used with reference to the Company shall mean the shares of common stock, par value $.01 per share, of the Company. "Common Shares" when used with reference to any Person other than the Company shall mean the capital stock (or equity interest) with the greatest voting power of such other Person or, if such other Person is a Subsidiary of another Person, the Person or Persons which ultimately control such first-mentioned Person.
Conversion Shares means, collectively, the shares of Common Stock issuable upon conversion of the shares of Preferred Stock in accordance with the terms hereof.
Option Shares shall have the meaning ascribed to such term in Section 2.2(a).