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Hear this out loud PauseA certificate of designation is signed by a corporate officer attesting to the board of directors' designation of the terms, rights, preferences, and limitations of a new series of preferred stock. Certificates of designation are usually associated with blank check preferred stock.
A certificate which contains a copy of the board resolution setting out the powers, designations, preferences or rights of a class or series of a class of stock of a corporation (typically a series of preferred stock) if they are not already contained in the certificate of incorporation of the corporation.
Hear this out loud PauseDesignated Stock means the Class A Common Stock, the Class C Common Stock and any other stock of the Corporation that is designated as ?Designated Stock? from time to time pursuant to this Certificate of Incorporation or any Certificate of Designation.