Conversion of Class A Common Stock. Upon the terms and subject to the provisions set forth in this Agreement, and in accordance with Section (b)(v)(A) of Article IV of the Company's certificate of incorporation, on or prior to the Closing Date (as defined in Section 1.3) SPX shall cause DSC to convert all of its 74,768,333 shares of Class A Common Stock into 74,768,333 shares of Class B Common Stock (the "SPX Class B Common Stock").
Appears in 3 contracts
Sources: Merger Agreement (Inrange Technologies Corp), Merger Agreement (Computer Network Technology Corp), Merger Agreement (Computer Network Technology Corp)