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Preferred Stock Agreement

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Preferred stock agreement

Preferred Stock Agreement
A contract stating the terms for a preferred stock.


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There were several covenants that applied to the enterprises as part of the senior preferred stock agreements.
The final agreement, signed in August 1997, is in three parts: a preferred stock agreement, the patent cross-licensing agreement, and a technology agreement in which Apple promised to make IE its default on condition that Microsoft continued to develop Office for Macintosh.
The second quarter 2008 financial results are preliminary as the Company is finalizing the market valuation of embedded derivatives within the Series B Preferred Stock agreements.
 
 
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