Effective Date Nonvoting Common Stock

Effective Date Nonvoting Common Stock. Shall mean, collectively and in sum, the Nonvoting Common Stock of the Company outstanding as of the date hereof and the Class B Nonvoting Common Stock of the Company outstanding as of the date hereof, calculated on a Fully Diluted Basis; provided that (i) in the event of any combination, reclassification, exchange or subdivision of or affecting the Nonvoting Common Stock or the class B Nonvoting Common Stock, the Effective Date Nonvoting Common Stock shall thereafter mean such number and ... kind of securities as the Effective Date Nonvoting Common Stock would represent upon such combination, reclassification, exchange, subdivision or other change, (ii) upon a Merger Event, the Effective Date Nonvoting Common Stock shall thereafter mean such number of shares of stock, property, money or other securities of the successor corporation resulting from such Merger Event as the Effective Date Nonvoting Common Stock would represent upon giving effect to such Merger Event, and (iii) in the event that the Company at any time shall make a distribution or pay a dividend payable in the Company's Nonvoting Common Stock, Class B Nonvoting Common Stock or any other Capital Stock of the Company, then the Effective Date Nonvoting Common Stock shall thereafter mean such number and kind of securities as the Effective Date Nonvoting Common Stock would represent upon payment of such dividend or distribution. View More