Redemption Upon a Change of Control. Optional redemption by the Company upon a change of control in whole or in part for $25 per share, plus accumulated but unpaid dividends (the “Redemption Right”). The circumstances that will constitute a “change of control” will be set forth in the documents governing the Series A Preferred Stock.
Appears in 3 contracts
Sources: Exchange Agreement (ZaZa Energy Corp), Exchange Agreement (ZaZa Energy Corp), Exchange Agreement (ZaZa Energy Corp)