Common use of Undesignated Preferred Stock Clause in Contracts

Undesignated Preferred Stock. The ability to authorize undesignated preferred stock makes it possible for our board of directors to issue preferred stock with voting or other rights or preferences that could impede the success of any attempt to change control of us. These and other provisions may have the effect of deterring hostile takeovers or delaying changes in control or management of our company.

Appears in 2 contracts

Sources: Sales Agreement, Equity Distribution Agreement

Undesignated Preferred Stock. The ability to authorize undesignated preferred stock makes it possible for As discussed above, our board of directors has the ability to issue preferred stock with voting or other rights or preferences that could impede the success of any attempt to change control of us. These and other provisions may have the effect of deterring hostile takeovers or delaying changes in control or management of our company.

Appears in 1 contract

Sources: Sales Agreement

Undesignated Preferred Stock. The ability to authorize undesignated preferred stock makes it possible for our board of directors to issue preferred stock with voting or other rights or preferences that could impede the success of any attempt to change control of usour company. These and other provisions may have the effect of deterring hostile takeovers or delaying changes in control or management of our company.

Appears in 1 contract

Sources: Sales Agreement

Undesignated Preferred Stock. The ability to authorize undesignated preferred stock makes it possible for As discussed above, our board of directors have the ability to issue preferred stock with voting or other rights or preferences that could impede the success of any attempt to change control of us. These and other provisions may have the effect of deterring hostile takeovers or delaying changes in control or management of our company.

Appears in 1 contract

Sources: Open Market Sale Agreement