Series C Liquidation Value

Series C Liquidation Value. Means Twenty-Eight Dollars ($28.00), provided if the Corporation at any time subdivides (by any stock split, stock dividend, recapitalization or otherwise) the Series C Preferred into a greater number of shares or if the Corporation at any time combines (by reverse stock split or otherwise) the outstanding shares of the Series C Preferred into a smaller number of shares, then the Series C Liquidation Value in effect immediately prior to such subdivision or combination shall be proportionately... adjusted. View More