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HomeMy WebLinkAbout2634 ,_ ,'~h~i ~Ptf- .on .: , ' Cammon Stock ili hllt~ Oi', if th., C(lilUllOll StO(' . noll()~, t~ dOl!>lli~ btii prH,"" on th~ Nf'w Yort. uver.the-<,ou!ltl'r mariu:c roueh pnee :o.hal1 be! J...t~nllliwd M of thG du~ Llf hv.\a~ on tht) la5t tull hw~l. ll~ d"y l,'{ t'4h:h wt....k alld Hlrb I,f\l'''' !>I' d-etent\lll<<\ tJIOll\ .UI~If\Ut' In t'ffe<:t dllril1loi the ot'xl ll'.lC'~~lr~ WN'k. , - (h) As ~n ~., pr.etli(,ifb!~, and lni'~ri)' f1...'en! Wllhlil len !1<.ail~'\ d..)'!< oher lh~ dllte (!f ('\jlW~{'ai.l,>il of an)' Pr1:ft'rff!'d Sk.ck Hltl} COiIHlIoi~ S\<",-k. ttw t~,rpl;nUIOl\ "hali d~l.\t'f III the pton.....1! en\ Itk'll t!wh't" at the prirv:IPfil uOict' ~,f the Trill\A"fl"f ARt'''t fur tht' }~{N""i Sh>ck ..I wtw:h ,,~!~h PJ'd~rri.'od titvdl. l1l'l-lili have ~n pr~nled {('f (\.In...~nJoil. H'lt.nuilte'i rt"prv';ll'nllllg ~h;Ut'lI l.f C<..'lIllIWII Slu,;'k _nd the I,:...:.h Vf COlnmon StlY.'k st.-fIPt. If AIi)', kJ which l-ll(h pN~Hn,jO lotllilll be r'llIlt...Il!1I !"ud. l:'')[I\'~. Tht. ''',q,'',n!1 tio/l. l>> II CCIH.hlll.fI tu till' ('Xen;l.....' of !OUdl n~ht" uf ('1.)I\\'\'nW1l, /IlliY f"'-IUIU' the Vil~ il 5.um """l"el tu An}! lul\...,!{.f tnX or other t(o'if'Plm~nt..1 dhH)\(' (but hot mdudul~ el\>' tux .....ytlb!~ ,.h the L...,u~ nf :ltol'k ddl\'t'r..blt" Ilpl_.n ~ur:h con\'~r"Si(}l\) tl\<ll nUl) t:><:' H1H)<.~l or f'C'lIIHfli...J by Law upun illl)' Irill\~fer ill cidt'Il\.a1 or pllur thl'reto, or th~ :oul:HllI~;tm of "ropt'!' 1,'IL..'! tlllit tlw s.illne Ill"''' ~n p..ll~l. . (c) The .'OIl\t'n,HJI\ fiJtt' hum Illn;: 10 HIP\.' 11\ dlt"ct lH'I<:uli\ll'f ~JHlIl he ~\lbjt'("l t'.' llditl~!mt'nt fr.'1l1 tlme to ~Hlle :n c('ltalll ll~~ti>>IIi.'1""I. a..1i ft..lllows, (I) In {"l\W tht' c-OI1l(.rilt!l.ln !>h4l.!l at II\ny tlln~ l!i-.';Ul' itHY uf It-; (~..mll'iJn Swd., III l<ui.J,.J,v.Wj\ "I ollt"tantllllg Common SI'xk. by l,t",Ia."lh"'l$Uon llf' ()Illl'rwl~, II\\' l'IHlH'I'jlOn f,iiIC tht'iI 11\ e!h:ft :.h..11 he lncr('ll.~l prOp"l'tIUUatot'ly. and III Ilkl' manner. In l'~' vi ~ny l'tnllbllUltlOll ,-'1 COllllllUlI St~k. h)o' re\'la.'I.5iliNI~.'-!!I Of lItherw~, the ('oll\oersion ra~ then In dft,...:1 !'>\W411 b'l~ J-lNP.ll'tl<".q;\tdy dh",,,,,,,,,I, (Ii) In C1l.M' tllt' l'(,r?t'r~llol\ ~hllll p..y a di\'i\h'liJ, or makt> it d!JotnbulhHl, up'.m lh (";111m"" blvrk, m COlrliillJII Stndc t.n 11\ l,..dl :HJ('h f......t.. hell I illid aftE'r th... r~','rd dill'" (tlr dt"tt'rmlntnj{ lhl" !>hK,k, hvlt.iers E'nlltled II> n'{'(>ivl' ~u{'h dl'iillt'IH.l (Jr lh,tllb\ltIO!l. the eonVt'f:-.lOll fatt' tht'n III ,,,!IN"! "h;:a!i t.., in l..n<~ in ptol~,rtlOn to th.. il\CTl"RW III the IHJ~1I1K'r of out..tandlllf.; :'lhart's of Common Stod" thf'~qh , such &tock dIvidend Of dl.!i.nblltlvn; , (hi) III c,,!>{' the l'orporatlOl! !\h...1I L'\$lH' and ~dl tlllY l:>han's d its CQmmon Sto-d" ." .,dd;lIPlI t!' the 1.011,014 r,h;Hl'S of COl!1I11'Jn S.t~~k /)ut~t\indillK .l~ n! tht" f'n~'!\\'l' datf' of thl~ allwndl!ll'nt (Ilt!u:,r ...... than (;\) ~har~'" 1~"IH'd upon Itl'.' Ct;ii;','f:iHHl of tht' Prd~rh,1 SIt)(:k or (In l>hiil"'" ...,~I,H'd P',lt'!>U<t!l1 to ~)plIOI\..'i ,.If ..gr('i!IIii:l1h entt'H'i:i Inio with oiii,,-,'I" or {'{np!o)'el'~ of Iii.. ('Oi'pt.Hlltlol\ <inti I" ~"l....,(t\. ane-s 111 t'Ol!lWdlOn wIth Ilwir NllP!O;' ltWllf I.'f J1dl~;HHli to nn t'llIi'ioYl'.'~'~I(xk purdi~:'(' (If n'''lnn-<>;1, ~Io<,k optIOn I,lall or (el liot lp l'xn't'<! ;W,O{)i) "hUt'" 1.,-,-,1\'.1 (0 It'nd{'f'oi, k.,:;on" y'IItH;H!tUI~ IIr hr"k>;'l~ III (QnnecllOll \\11h and ~-; C,q.,,:d"I.'!I'J!I ill p.HI j"f' lo;;!:'., k.l',~ ur otlwr ~C'"oinIH."I"t ill!l,~ 1I.;h\'. or Rfimtcd to th{' (OrVUiilllt.iil or t'll ('';t'rcl.w of !lny l.l'lwll.... ,'Ii' {)ther rl~hh ~nll\t(.d III f'onrw<:li"ll with 5uch INti", ki1~ or other 6('c,'mm"d'111l1r~'i Qr (DJ "h..It.,:; 1,;,,\iNl plll~\Iiilit to ;.\1\ {'Xi.",'ht' \II HI'! "1' twn or ri~ht for whith IneT(' I.. t!It'1l III (>fh'{:\ fIll ...lju',t1nclIt under :;\Ihp;i!a~faph,~ (\) "I' (\'Ij "r Ihi:. . clauM" (c)). ut it price lJol'i sb"re to tlH' N>fl^!fHtlon whlcr, sh,dl boe h'li.'i that! !Iw tht'l\ f'r..v..i1ing e.,,,; ,"'er"IQn Pfl('C (a" hl.'H'l/w(t..-r ddlrwdi IA'! dhH(' of COfHl!101! Stud.., Ilw CO!)VCn.I')<l 'rti[~' !II dT,'\.,t lP.,.. lIi{?(,i'liltely priar 10 tht, i""-"l.lunn' (If !>IIC}. dddiliulwl !\h.l!t~.> ~hilll he lnn"a.~,'d ill a ""lI\'~r'>IO!i lfite d.:. tennmM ll.'J itJl!tJw}' Th'<! sum ...f (a) th(' prodlld of th~ lilllllb(,f IIf "hart'" d (:'!illlll01\ St~xk \I\lhl,'ndjj)~ II!liiil'{h~i.ely prior to the l~ue of 1\uch addltl(,nil: COilllliL'li St.)(:k l!1ulllplll'(j hy Hit' HWil prevailing [vllVenWn pnl.'C pt.~r !iIFlr~' of 1i\1l;h (',,'1\11100 Stv,ck. '11\<1 (h} the ..gg:l'g;;ti' f'I!I!;ld(.'ra, lwn I,hdo:'. IU\iJN\;"i'ltll,,: dlJ>Ct.lUllt'i o:;ncl {,.H1\i~\l....lOl\.S and olntr i:'XP(:/1~) r~H'i\'(-d h,' llH' ':orpOnH!(lll from Ihp I~"i!(- ,A ~u('h add,t;nnal Common St.;,ck. ahalll..... lhvid('(l hy the> numb"f ,,( ~h;jn:'" of CotnlliOr. Slo..'k to 1",,' ll\J!;.I;mdln~t h,;nwdll:,tPlv ..it... luch a,l.dlllOlll.ll b",Uil, and th~' l'l'"ult'n~ qll!t;!',,! :-haJl L-e uivakd lIliD 5:2:" <Hod thi' ,,',-,il\l!,t :.V ul.tiliil' N s}wJl IX' th~ nlfl\'t't',!{)n r..tt' ph.'viill;ng ""her 111(' dale of ls."U(' flf !>u(h "ddlllOnal t\!fIHT1I1n St,,,,\.(, vn!t.ss ..nd unnl sUb.t.'qIH'nlly ckml.;(',d Of ilJju~ted Ili at:i:''-H'd:mu' L~r('\\';ih: (hi' !,"'ll1 "<,nnn'fsklll price" !>lliJlI be ,on iH\lQU!lt (;"ll1pukd by dlv:dn:g into $2;) the !l\Hll~r of ~har.,';, of CUl)l!1l0n $l,r;,k, int.o ,?;hlth nnt'- h.hi!r(~ 4.1f r~r-(.{el red Sto<..~ i~ fHfl\'crt!b!e ill tht, t_"on""f:f~ion ~iJte itU:B in t,iTp,ct In P~"'i~ the cort1CH'"ation ~httll L'-\tie or ~-t.'1I ttd..L!:oPoi.!l j..hdr':~ of (~(}inrrlun St{~~k for a f:nn.'$id~riJ'H:Hl o:th(or !h~q ('<<.~h, th~' con,ideratlon H'{\.'\' .~tl by tii<' q;rp<'I;.lion f'elf I>l;,'h H,Ult'DlIill "h.llo,''> d Cop'>!.",!. Slork lihd,ll for thl' purpuw or till' forq;u'ilg l"J!i'I'U\il"',}l1 to{' d~mc....J !l) he the Villi!!' of ;>,;J(h t~"tl"ld"rr!tlon !iJ! d!~t~fmln('i.l by th" 1l<.lOild (,f Piredor" 1):- 11'(; of ;h!' 1Il3tb:: \'iJhH~ o( !luch ~h<1r('" f.f C<}'..mnn St()('K ('ompult'd 11<; of th,~ d;i~(' iht' BOiHd d JJilt'1:!nrC\ "h,,1! ha\(' !lluciC' ~~l(h tll"o.tn~;hiiUl}n ill the mannll't :let futih in S,..dion 7(iI) hr th, puq;(jse of ;:"mputmg 19ym('lit., to he m;;dt' tOf ffn,i1"j,,,l 8