Common use of Class A Preferred Stock Clause in Contracts

Class A Preferred Stock. The Class A Preferred Stock shall have no par value, but shall have a Stated Value of One Thousand Dollars ($1,000) per share. The Board of Directors may from time to time classify additional unissued shares of Preferred Stock as Class A Preferred Stock.

Appears in 2 contracts

Sources: Stockholder Protection Rights Agreement (Mercantile Bankshares Corp), Stockholder Protection Rights Agreement (Mercantile Bankshares Corp)

Class A Preferred Stock. The Class A Preferred Stock shall have no a par valuevalue of $0.01 per share, but shall have a Stated Value stated value of One Thousand Hundred Dollars ($1,000100.00) per share. The Board of Directors may from time to time classify additional unissued shares of Preferred Stock as Class A Preferred Stock.

Appears in 1 contract

Sources: Stockholder Rights Agreement (Hcia Inc)