Common use of Treatment of Shares Clause in Contracts

Treatment of Shares. Until a share of Series B Preferred Stock is purchased by the payment or deposit in full of the applicable Change of Control Put Price as provided in Section 9(i), such share of Series B Preferred Stock will remain outstanding and will be entitled to all of the powers, designations, preferences and other rights provided herein; provided that no such shares of Series B Preferred Stock with respect to which the Holder has duly exercised the Change of Control Put right may be converted into shares of Common Stock following the Change of Control Effective Date.

Appears in 1 contract

Samples: Investment Agreement (Bright Health Group Inc.)

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Treatment of Shares. Until a share of Series B B-2 Preferred Stock is purchased by the payment or deposit in full of the applicable Change of Control Put Price as provided in Section 9(i)Price, such share of Series B B-2 Preferred Stock will shall remain outstanding and will shall be entitled to all of the powers, designations, preferences and other rights provided herein; provided that no such shares of Series B Preferred Stock with respect to which the Holder has duly exercised the Change of Control Put right may be converted into shares of Common Stock following the Change of Control Effective Date.

Appears in 1 contract

Samples: Purchase Agreement (Fluidigm Corp)

Treatment of Shares. Until a share of Series B Preferred Stock is purchased by the payment or deposit in full of the applicable Change of Control Put Price as provided in Section 9(i), such share of Series B Preferred Stock will remain outstanding and will be entitled to all of the powers, designations, preferences and other rights provided herein; provided that no such shares of Series B Preferred Stock with respect to which the Holder has duly exercised the Change of Control Put right may be converted into shares of Class A Common Stock following the Change of Control Effective Date.

Appears in 1 contract

Samples: Investment Agreement (Coty Inc.)

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Treatment of Shares. Until a share of Series B B-1 Preferred Stock is purchased by the payment or deposit in full of the applicable Change of Control Put Price as provided in Section 9(i)Price, such share of Series B B-1 Preferred Stock will shall remain outstanding and will shall be entitled to all of the powers, designations, preferences and other rights provided herein; provided that no such shares of Series B Preferred Stock with respect to which the Holder has duly exercised the Change of Control Put right may be converted into shares of Common Stock following the Change of Control Effective Date.

Appears in 1 contract

Samples: Purchase Agreement (Fluidigm Corp)

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