Initial Capitalization. (a) The equity capitalization of the Company as of the date hereof is as set forth in Exhibit A hereto. (b) Each Shareholder agrees that immediately preceding the closing for the Initial Public Offering, all Company Capital Stock that is convertible into or exchangeable for Company Common Stock shall be so converted or exchanged in accordance with the provisions of the Company's certificate of incorporation.
Appears in 2 contracts
Sources: Shareholders' Agreement (Nextel Communications Inc), Shareholders' Agreement (Nextel Partners Inc)