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~bai' ~. 32 PA[f /170
ST. Lt '(If C'l" j r. f LA.
ARTICLE IV
ConVf'nlon of St<x:k
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1. l'p()fI Ihl' i'lfl"dl\l' datl' oi th,. ~Icq:l'r:
(~) '.,..,11 1',"\1("\ ~llll lJ\lt't;111dlllj{ ~h.u(' Ilf )UPlttr. f)('l3wOll\:' l"1lI1ll'.'lI q,,~k ,.f '}I" I'.H
\':~It1l" of 15 (('nt~ pn ..hJJ:-, ..h.lllldllll\\!lh b~ (Ol"crtrt\ inlo 1!5th ~harc .,1 J"lplin, Pd.I,,:!r.:
(O(lllllon ",,,de of the \'3.r \<illll" ..{ 75 ((nt~ ra !ohare, \\ IlIch ,lull IhnclIj"'!\ be 1~'1I1'<l .111'\
oll"i.tn\llli~: ;
(h) L:Hh iHii~\1 an.1 Ollbt.l'l.llll!: !Ohare oi Cummoll\(('alth U'lillll\J1I ..ltI,k, ld till' I';,r
'itllll" ,..f I ((ut \'(f ,hMl'. "hall jllnhv,llh :'e UIi\\'t'r!".j lnil) l!lO!l; ;lIi,H" of CUll\ubll\l' C"Ii'
H.'nlhll:' l'r..-fnf..t1 Stork of Jllpiln, Ilc-lawMl" ((.lIIt.1 "\,rdcrf<:d "IOl\.:'" \\;111'1\1\ 11M \,lln,'
I}("f ~haft. ,..hllh ~hall thut'lIpoll bt' I'Hlt'd and OlIl,tiHI.hllj{; OIlId
(0:) :\11 ..hare,> of Commnnwf.\l!h common 'ilt",,\'; IIdll in \1.. Tfl';t'dlf)' ~h:.1l iurth\\ itll
he (;ll\(clltt! and no ..h:or~~ ~h.lll be j.,...'J(',1 In ii~1I thrr.....!
2. Afttr Iht' dlntlvc: "~IJ:" Ii! the: rnery,H, (",Hit h()ldn nE an oUht.,ndllll-; cntif:(il\;:' "r nf'
llilc;\IO thl:'f('llJ(iJft r(,pTf:Hntlll~ (011\(;101\\>'1';1111: (ommon ~I,>(~ o;r JI!!,itt't, i}t'IIlW;HC' C')IHllillll
q'J<k. may I\!lf(,l\der tht' liamC', An,! !hUr;\I!l'T i~,,\l he ~nt!tlt-.l 10 r('u~ivt in cvhang(' thndor
a ((':lIII';'\t<.' ~ll '-('ftiiiti1tr~ H"!,fe't"Il11nj.; tht Ilumh(;r of ""huh, ..haf(,~ (Jf )Ilplin, I )cl:\warr ("('1ll111"1l
ttO'K, or prd<.'tn'd stl)..!,; into whkh the ;h"r('1 (.If }UpitH, \)t.l<l.warc: or Corn/1\'H1y>c<llth (O!Hsno!!
qo(k thttttof0ft' rt'prt!\cl1lnl b)' tht" (crtiflciilt: or ({'rllfl('~tt''l !;(I l'>\lff!.'Ii!II"H'tl ~h"ll h;n'c: I;('('n
converted lU ~{orf5:;i,1 Until JOO ~lJttl'n.krr'd, run oi1ttl.lJHling fefliflfat(' \-hid. pfior 10 the
t!t.:cliH: date 01 th(' mtrgn, rtpr..,\"nt..d "haft~ of C',l!llflllll1wt.llth nmtm.,;\ !'ihx:k ur )\Ipitl:'t.
fh.l.1.wart' common q,,~k shill! tw .t~('mfd fM .\11 foql>.Jt,H<." puql<Hn, .)ther thiul I',,'yment of
d...idl'lHh, to c'Ij,knct" o\\'l1ership oj Ihe ....holt ~harn oj ~lock of Jopiter, Ddawlilr(" nlto which
tht" $,1!!le shall h;t'ic b('(,11 ~o (:OIlVl'iI~d, L'nln, and unlil any iwdl oUhlJn<hng cntiil....tc ~hall
b~ so slIrrendnt'd, no di\idt>nu {'a)",~b!l:' In Ih(' holdtH, (i! (('em.! of prdnf(;\ Hixk Of Jupiter,
Dc!:'wart' common ~I'.},:k :\$ of ani .hle 'UbH"I\J!'1I1 tu Ihl" ...tket.....- <!att' of ,he meq{cr, ~hall h('
pad to tli... holders cd ~u(h o;.;t~la']lIJfig n~r!i(lr3.te~._ hllt upon !'\Jcll ~\Irrf1d('r of "'")' },\:c!; I}I;I-
~1;ifldi"K urtlt\Cate or (i'riifl(alt.s Ih('I(" ~hall he p~id to tht' He/Jr.! hold!'l of the (n'lfl(~te "r
;:nt!fl(atcj for "hole !\hatH of prderrc;! ~Iode or .Ill!';ln, n,.lilwut' COmll!i}il ~lod~ into which
!'Udl ~ILlrts sh;!lI hJ\,t ht:ttl cnnv....i'lt"cl. lh,- 1I11HH0111 of Ihvitltnd~ \\ !.jell Ihtit'tofc.rt: c('cafil(: p...y.
.dLI~ With fe~pCl! to ~I:(h whol", ~h.HC' oi I'rtfl"fn'" :\\tr(K "t Jup,ter. Delaware common !.tt,(k.
J, Jupita, lJd;;w~t~ ~h~1I not be require,l tll 1~~U(, any !r.1.Ctiun of a ~hM~ (;f prdurrd
slo<.k of "n)' fr.1CtW1\ of & f>hHe uf Jupiler. Dd<lwu(' l<JlI1lf1\,n o,to;;k upon con'i('t"ion 01 C.,m,
!l\f)n\\ealth <'OOllIlOli l>t'Kk (or upon conveniotl <}f ;lll)' ira(tiun<il ~hafcs or riRht'l to fHt:i\c
fr,lClW!lal $h"res of Commonwealth common ~Io(k no\\ iJ'-1htandlng) or IlP'Jll ((Jlwrni"n of
Jllflll<!' comlllOr. ~10\:k (or ~lpon e';lIVer\!,j!l o{ any {nHtlonlll ~hHe~ Of righu to ft'cdvl' {raniunal
~hHU of J'lpiler (f)mm,Jll \lo(k HOW !l\ltHj.odlllJ{) bUI .... ill in lit;U thtrt,,! iHI1(' a ~(fip u,ttillUlt
in t>e;;rl"r krm jeprnentl:lg iudl franwtl 'iI' fracti("l), Sud. soip (Ulif\cali~ tlnll r,~>('(ily Illl"
!r,~"inn of one ~hu(' of prd('rrt<! JI(.o(k or Jupittr, Dd.1wur: (Vmm'-"l 6tod, in ropec! of whi<h
It shall bt iuued ilnd ~hall, in Allb:.tai\(t', F,;\'idc Ih..t it nuj' hf' lIufffndtred. lo)!rllH'( \'."th nlhff
~irrlllar ~(fip (('rtiti':;lle~ repl'th'HlinK ill thr. 3J{gll'f..'ilt .he tiUhl to r~({'i\'e ()IH~ Of mOf~ full
~h,He& oi preferitd r.tc>>tk or o~mm(Jn ~,Il){.k, ~!J. thr (a~e m:it)' b{:, !n t',dl~!Ige lor :l CfrliiicHi'
or (l,'rtdic"ttii fo: ~he appropriAte numlxr 01 i'uii s.h,,(n of prdt'JI~d sl(Kk "r ,'Ol!llillHl ~tod,
llmi a new .crlp (t"ftlfic;;l~ in rupeel of ~f1Y n...:ns h,lietio!l~1 inttrt:H, Snip ccftifioto \\ill
not ('ntille i'ny ho!d~r then',,! to 1m)' \'Ol~. th"itl(:IHl or othrr fi~ht~ of a. stGt:"'ho!,kr ~nd Ihr)'
....!l1 b~(otne void nip!,,!, (90) Oil)l aher th~ dfteth'e date of tht' I11tigU, "X(cPI lhal {hi"
holdrl!\ of IIlich &trlP (~ftiflate3 which :;l1a1l liot t.ht:relofoft' blVe ~en t:ti;dHil1ged f.)r u'f1liic;1te'l
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