Example ContractsClausesdividends and splitsVariants
Dividends and Splits
Dividends and Splits contract clause examples

Stated Value” means $1,000 per Series C Preferred Unit, subject to adjustment to preserve such value for unit splits, unit dividends, recapitalizations, reorganizations, reclassifications, combinations, reverse unit splits or other similar events relating to the Series C Preferred Units after the Issue Date.

Series C Preferred Units” means the Series C Preferred Units of the Company, with a stated value of $1,000 per unit and the rights, preferences and powers set forth in the Certificate of Designations.

Draft better contracts
faster with AllDrafts

AllDrafts is a cloud-based editor designed specifically for contracts. With automatic formatting, a massive clause library, smart redaction, and insanely easy templates, it’s a welcome change from Word.

And AllDrafts generates clean Word and PDF files from any draft.