Login or register (free and only takes a few minutes) to participate in this question.
You will also have access to many other tools and opportunities designed for those who have language-related jobs (or are passionate about them). Participation is free and the site has a strict confidentiality policy.
09:53 Jan 14, 2001
This question was closed without grading. Reason: Answer found elsewhere
English to Spanish translations [PRO] Bus/Financial
English term or phrase:Carve out
The conversion price of the Series A preferred would be suject to adjustment on a full-ratchet basis for issuances at a purchase price less than the then-effective conversion price with a CARVE-OUT for issuances of up to [CARVE OUT- no. of shares XX] Shares of Common Stock to employees, officers or directors of the Company.