Common use of Class B Common Stock Clause in Contracts

Class B Common Stock. Notwithstanding anything to the contrary -------------------- contained in this Agreement, any holder of a Right which was received with respect to shares of the Company's Class B Common Stock (but not any transferee of such Right) may elect to receive shares of Class B Common Stock in lieu of shares of Common Stock upon exercise of such Right or if the Board of Directors exercises its exchange rights under Section 3.1(c) hereof to exchange the Rights for shares of Common Stock. The number of shares of Class B Common Stock to be so issued in such case shall be based upon the then-applicable conversion ratio between the Common Stock and the Class B Common Stock.

Class B Common Stock. Notwithstanding anything to the contrary -------------------- contained in this Agreement, any holder of a Right which was received with respect to shares of the Company's Class B Common Stock (but not any transferee of such Right) may elect to receive shares of Class B Common Stock in lieu of shares of Common Stock upon exercise of such Right or if the Board of Directors exercises its exchange rights under Section 3.1(c) hereof to exchange the Rights for shares of Common Stock. The number of shares of Class B Common Stock to be so issued in such case shall be based upon the then-applicable conversion ratio between the Common Stock and the Class B Common Stock.