Examples of Certificate of Designations in a sentence
All such shares shall upon their cancellation become authorized but unissued shares of Preferred Stock and may be reissued as part of a new series of Preferred Stock subject to the conditions and restrictions on issuance set forth herein, in the Amended and Restated Certificate of Incorporation of the Corporation, or in any other Certificate of Designations creating a series of Preferred Stock or any similar stock or as otherwise required by law.
Contemporaneously with the Parties’ execution of this Agreement, the Company shall file with the Delaware Secretary of State a Certificate of Designations, Preferences and Rights of the Series E Preferred Stock, in the form attached hereto as Exhibit A (the “Certificate of Designations”).
Upon confirmation and acceptance by the Delaware Secretary of State of the filing of the Certificate of Designations, the Company shall issue and deliver to the Investor an aggregate of 76,923 shares of the Company’s Series E Preferred Stock (each a “Series E Share” and, collectively, the “Series E Shares”), based on a price of $39.00 per share.