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How to use or fill out Form of Founder Class B Common Conversion Agreement
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Click ‘Get Form’ to open it in the editor.
Begin by entering your name and address in the designated fields. Ensure that all information is accurate to avoid processing delays.
In Section 1, specify the number of Class A shares you wish to convert into Class B shares. If transferring multiple accounts, complete a separate form for each.
Proceed to Section 2 and list any receipt or certificate numbers along with the total number of shares being transferred. This is crucial for processing your request.
Select the appropriate account type for your converted shares in Section 3. If creating a new account, choose 'Other' and provide details.
Complete Section 4 by signing where indicated. A Medallion Signature Guarantee may be required if there are changes in registration.
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Oct 19, 2022 This post is intended to convey the importance of allowing founders and other high-vote stockholders in dual-class companies to contractually support an MARead more
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