Common use of Payments to Holders of Common Stock Clause in Contracts

Payments to Holders of Common Stock. In the event of a Liquidation Event with respect to the Corporation, after the payment in full of the Liquidation Price required to be paid to the holders of shares of Series A Preferred Stock, the remaining assets of the Corporation available for distribution to its stockholders or, in the case of a Deemed Liquidation Event with respect to the Corporation, the consideration not payable to the holders of shares of Series A Preferred Stock pursuant to Section 2.1 or the remaining Available Proceeds, as the case may be, shall be distributed among the holders of shares of Common Stock, pro rata based on the number of shares held by each such holder.

Payments to Holders of Common Stock. In the event of a Liquidation Event with respect to any voluntary or involuntary liquidation, dissolution or winding up of the Corporation, after the payment in full of the Liquidation Price all preferential amounts required to be paid to the holders Holders of shares of Series A Preferred Stock, the remaining assets of the Corporation available for distribution to its stockholders shareholders or, in the case of a Deemed Liquidation Event with respect to the CorporationEvent, the consideration not payable to the holders Holders of shares of Series A Preferred Stock pursuant to Section 2.1 3.1 or the remaining Available Proceeds, as the case may be, shall be distributed among the holders Holders of shares of Common Stock, pro rata based on the number of shares held by each such holderHolder.