Convertible Preferred Stock Designation
"This is a certificate of designation for a convertible preferred stock of a corporation. This document lays out what a convertible preferred stock is, its value, its preference, the dividends it entitles its shareholder to, its voting rights, how it can be redeemed, and how it can be converted into common stock. This document contains both standard clauses as well as opportunities for customization to ensure that the understandings of the parties are properly set forth. Use this designation when wanting to convert preferred stock into common stock.
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