Junior Stock

Example Definitions of "Junior Stock"
Junior Stock. Shall mean (i) the Common Stock and (ii) each other class or series of the Corporation's Capital Stock established after the Initial Issue Date, the terms of which do not expressly provide that such class or series ranks senior to or on a parity with the Series A Preferred Stock as to dividend rights, redemption rights or distribution rights upon the liquidation, winding-up or dissolution or other Insolvency or Liquidation Proceeding of the Corporation.
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