Common use of Status of Converted or Reacquired Shares Clause in Contracts

Status of Converted or Reacquired Shares. Shares of Convertible Preferred Stock converted in accordance with this Certificate of Designations, or otherwise reacquired by the Company, will resume the status of authorized and unissued preferred stock, undesignated as to series and available for future issuance.

Appears in 3 contracts

Sources: Investment Agreement (Dow Chemical Co /De/), Investment Agreement (Dow Chemical Co /De/), Investment Agreement (Dow Chemical Co /De/)