Sacramento California Certificate of designation, preferences and rights of Series B junior cumulative convertible preference stock of Oryx Energy Company

Name: Sacramento California Certificate of designation, preferences and rights of Series B junior cumulative convertible preference stock of Oryx Energy Company
Brand: US Legal Forms
Rating: 4.71 (460 reviews)

Category:

Corporations - Public - Changes Affecting Capital Stock

State:

Multi-State

County:

Sacramento

Control #:

US-CC-3-136

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Instant download

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This sample form, a detailed Certificate of designation, preferences and rights of Series B junior cumulative convertible preference stock document, is a model for use in corporate matters. The language is easily adapted to fit your specific circumstances. Available in several standard formats.

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Designation means what is your post or title in your office .. Eg .. senior manager . Assist. director . Principal.

What Is Convertible Preferred Stock? Convertible preferred stocks are preferred shares that include an option for the holder to convert the shares into a fixed number of common shares after a predetermined date.

The first round of stock made available to the public by a startup is referred to as Series A preferred stock. This type of stock is generally offered for purchase during the seed stage of a new startup and can be converted into common stock in the event of an initial public offering or sale of the company.

A mandatory convertible is a security that automatically converts to common equity on or before a predetermined date. This hybrid security guarantees a certain return up to the conversion date, after which there is no guaranteed return but the possibility of a much higher return.

When preferred stock is cumulative, preferred dividends not declared in a given period are called dividends in arrears. Dividends may be declared and paid in cash or stock. A debit balance in the Retained Earnings account is identified as a deficit. 11.

Preferred Designation means the Certificate of Designation with respect to the Series D Preferred Stock, the Series E Preferred Stock, the Series F Preferred Stock, the Series G Preferred Stock, the Series H Preferred Stock and the Series I Preferred Stock adopted by the Board of Directors of the Company and duly filed

A designation is a description, name, or title that is given to someone or something. Designation is the fact of giving that description, name, or title. formal

This price, known as the conversion price, is equal to the purchase price of the preferred share, divided by the conversion ratio. So for Acme, the market conversion price is $15.38 or ($100/6.5). In other words, Acme common shares need to be trading above $15.38 for investors to gain from a conversion.

In college we can see different level of persons like Teachers, Head of the Department, Principal, Peons and Students etc2026 If others have designation like Teacher, Head of the Department etc2026Then Students Designation is Student.

The definition of a designation is the act of pointing someone out with a name, a title or an assignment. An example of designation is someone being named president of an organization. That which designates; a distinguishing mark or name; distinctive title; appellation. A distinguishing name, title, etc.

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Sacramento California Certificate of designation, preferences and rights of Series B junior cumulative convertible preference stock of Oryx Energy Company

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