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Res 2015-139/Lyft TNC
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Res 2015-139/Lyft TNC
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10/22/2015 5:05:43 PM
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10/22/2015 5:03:44 PM
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City Clerk
City Clerk - Document
Resolutions
City Clerk - Type
Approving
Number
2015-139
Date
10/5/2015
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Preferred Stock, the Series B Preferred Stock, the Series A Preferred Stock or the Series Seed <br />Preferred Stock; or <br />(iii) amend Article IV.13.4(b)(ii)(x) of this Corporation's <br />Certificate of Incorporation. <br />(e) So long as at least 3,000,000 shares of Series B Preferred Stock (as <br />adjusted for Recapitalizations) are outstanding, this Corporation shall not, directly or indirectly, <br />by amendment, merger, consolidation or otherwise, without first obtaining the approval (by vote <br />or written consent, as provided by law) of the holders of a majority of the then- outstanding <br />shares of Series B Preferred Stock voting as a separate class: <br />(i) increase or decrease the total number of authorized shares <br />of Series B Preferred Stock; or <br />(ii) amend the Corporation's Certificate of Incorporation or <br />Bylaws so as to adversely impact the powers, designations, preferences and restrictions of the <br />Series B Preferred Stock in a manner different from the Series E Preferred Stock, the Series D <br />Preferred Stock, the Series C Preferred Stock, the Series A Preferred Stock or the Series Seed <br />Preferred Stock. <br />(f) So long as at least 3,000,000 shares of Series A Preferred Stock (as <br />adjusted for Recapitalizations) are outstanding, this Corporation shall not, directly or indirectly, <br />by amendment, merger, consolidation or otherwise, without first obtaining the approval (by vote <br />or written consent, as provided by law) of the holders of a majority of the then - outstanding <br />shares of Series A Preferred Stock voting as a separate class: <br />(i) increase or decrease the total number of authorized shares <br />of Series A Preferred Stock; or <br />(ii) amend the Corporation's Certificate of Incorporation or <br />Bylaws so as to adversely impact the powers, designations, preferences and restrictions of the <br />Series A Preferred Stock in a manner different from the Series E Preferred Stock, the Series D <br />Preferred Stock, the Series C Preferred Stock, the Series B Preferred Stock or the Series Seed <br />Preferred Stock. <br />(g) So long as at least 3,000,000 shares of Series Seed Preferred Stock <br />(as adjusted for Recapitalizations) are outstanding, this Corporation shall not, directly or <br />indirectly, by amendment, merger, consolidation or otherwise, without first obtaining the <br />approval (by vote or written consent, as provided by law) of the holders of a majority of the then - <br />outstanding shares of Series Seed Preferred Stock voting as a separate class: <br />(i) increase or decrease the total number of authorized shares <br />of Series Seed Preferred Stock; or <br />(ii) amend the Corporation's Certificate of Incorporation or <br />Bylaws so as to adversely impact the powers, designations, preferences and restrictions of the <br />Series Seed Preferred Stock in a manner different from the Series E Preferred Stock, Series D <br />
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