Common use of Rights of Class A Shares Clause in Contracts

Rights of Class A Shares. 4.1 The Class A Shares shall have the following rights: (a) as to voting: the holder of a Class A Share shall not (in respect of such Class A Share) have the right to receive notice of, attend at or vote as a Member at any general meeting of the Company, but may vote at a separate Class meeting convened in accordance with these Articles; and (b) as to capital: a Class A Share shall confer upon the holder thereof the right in a winding up to participate in the surplus assets of the Company as provided in these Articles; and (c) as to income: the Class A Shares shall confer on the holders thereof the right to receive dividends as provided in these Articles.

Appears in 2 contracts

Sources: Business Combination Agreement (Terrapin 3 Acquisition Corp), Business Combination Agreement (Terrapin 3 Acquisition Corp)