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0, It '1? jOt!
8fr" \-if." f'ta'li1U
t~r\!<\nt btfOf€ the holden of o,>ntradual il"M~ ahall bf ~nlili<<i t"l ....i~ Any lMym~1)1
upon t.he pr<tld~1 of ll-O(l pNfn.iurn, 11 an}', or ll\tnf'5t on "1\)' Cofllfitdwal ~t~btMI~li out of
KU gathtorlhK ASM'U or t.lw pr......~,lI of thoe d),;op'~llktl\ thfl''Nf;
(C) .flY p$>'TJ'Anl or dalnbutluo tif aM gilth~ring AAMU (If the ptl>\,~-b (\1 dl'jplll'1110n
tht>re..lf. ""ht'lhn In c~, p4"tllX'ny of M'('vntlt'<> t." whh:h t~ twld,;u of COf!"trltCtuallndebtt'do,""
would be tntlt~l ~X(~pt foJ;' the v:o"'I,~i('IU of thh l'lIIrt A fill.llll tot' paid hy th+ hqu.,llltlOj( tru!\tt-e
or .~(ont Of .]ther p~l"Wn rnakm~ :,u<h pa)'llI~nt or dl',ttlbut,on. .....!wth.r II t1U$t~ H\ baniu(lpt(.)'.
a n"<~l""f'r (II liqllid..lll1~ tr~..t~, or u!herwi!lo<'. d1l',...:t hI t~ lhlldNlI ...f Prf'h:rr1"d Stock \II' thNr
rcpf.~nttili...e 01' rf';Jr'M4:!ntatJv~",. lal'lMy at'\,'Ordlllt? to th~ aUft..I_tc IlJlx.\.mtA rnrm~ll1l1\g ul\~;jihl
on aCi;uullt of the hqllldatlTlio: Ilt'f'h'rt'lH't' and It(CflH-d Dnd uOpilid dl\'ld~nd-,! on tht' "hares .)f }IN-
fUl'fi.l St,-~k held or r"'f>rnrnt~l \'Y t'lH'hi to th.. t"l\:!('1I1 n~~r)' \\1 make Il&ynwnt in f'.ill of all
such amounts l'C'maining vnr.aid, ..hel' ~!vmg cf{l"\'t t;) any t'()n,ur~nl. p4iyn~nt Of d.!>trlbUl;<:4\
to the bolJl'nI vf such Prf'!eneJ Stoe'k; fil,f.d
.
(D) In the t:..,t'r.~ that, l1!lt'tntbtiWd!r>f: lhe fjJrq:(llll~, 2ny l'l<lyment or rlL'tnQu\lOn "f sa.'!
gathninl( ~~L'i of tflt' euqx.r&tl,-,n oi allY kind {lr l'hafiK'hn 01 o! t.he pn~ of sal~ thf'ieof,
whether In (a~h, p!op~r1y 0: $'XUI Itll':s /tt~lI bt' r<<eive-d by the h(.ldt'u 01 cfJ.ntnu'h.ullln{ll:'bt~I,
I.~ beh>Tt, ,,11 hohi!:f'J of Prdl'llt'{\ Stt>..k "H' p<w! the ilqUldatlllg ptt'f'!'it'nc~ tlW!'('Hn lfi full.
~uch P")'Hwnt or dl~tflhuholl !'hall ht' ~Id (lVN t;) the h(}ld{>r~ of s.1~...h Prdl!'rr.d Stud. t:i' their
fcpr't''Hlltah....e or tf:p~lltatl\'es. ratabl;' &s aiofM-;il.id, for iiwllc..lwn III th~ pI1)'me'fil 01 all ~uch
amount:> rt'llltllllllig unpllld unlll :.>oli 5u\:h holden of Prt'!efred Stu<.'k !>NlU Nlve ~n prud in (uU
(lil) ^ny holder oi C(Hitli!Ct'..ltil !f\lirbtt>Jne"", 0, /iny ~..'idI"IK(,' lh~r~)f. by hL'\ ilcc('pU!rv;:~
theH,'"A. .......arnllll.i to the corporatwfl, (or the hencht pf the h'Jider;s d Pre!t'nro St.od" that tht' pru-
Vl)iUI~ of the c<.rp()filil'()!l'!i Ce-rtlfkate vf Inrurponti<}t) :'>\Jb<.lrdlTUltifl~ ;>ud\ l"(,ntradual Ifldt:bteJ.
II~ to the prIOr fluhL.<. of th<l:' Pn.>ferrt.J Sto~k ill"l:' t"ftectiVt' Ln Il,-'\."Ordarx-e with ~ \~nn' of r.u.:h
--, prOYISlOrl.\ {..nJ wili....(~5, br th~ benefit of tnt' hold\"'f:!l o! Pr't'ft'rrE'd ShKk, afl]' right hto nught tulvt' to
(haHt'n~c the .....lldity Qf $<lid suborJm<ilwn prllvI5:'Hl..'1 ,_,f the corporallOn', Certlf\.....h~ ,-,f InNHpI.,ra-
\lon. and further lij(rf~!1 that lw au:t'ptt~l th~ f'Vldt'ncf'i of 5\Jch rontrad~llll indt'btedn~ wIth full
and adunlnolll;f: of said Jouh'l'rdllHltiun pn)\,i.,h.n'i and he further covt"nanb and aKr~ that If.OY
money. pwperly or uther (,ol\!lidcri\tlOn tt":>:lwd by tmet! holder m full (~~ ,r>;irtla! !J.IihsfllctlOn of thl'
prmclpalof or prCllllurn, if any, lIt mkrht l.n huell {-onlrt\(\ulil Indebtt"dnr-s.s othl'rw\<;.e thail !I\ i'l<:-
con!anrt' with !-did !>ubonlilllltwn prO\T'IOI'U !l>hllll tl(' rt"C't'lved un htoh&lf of and held In trust Cor th~
\Jt'nt'!lt of the huld('f~ of the Prdt.rre-d StocK,
Any evidenl't' of lontractua! indebte<\n~~ ~ha1i C(.ntalll the {vlk,willg legt'nd: '"111.. ind~bt(-dnf'~
~vldt'fIC~1 h~t~by IS l>ub)(,'{,t in all tf'.~pt~::ts td, ..nd any hold~r hne-o! agr~ by hi~ .C('~ptarK(t hN('.()! to
be l'ound by lh.~ t('Ems and COOthtlOl1S of Artlde IV, Part A, ui tht' C:Hnp....sl!e Ct'fuficatJ;'.A in>:ofjX>raHon
of Tht' Juplh':r Corporation, Ii (Opy of whli.h may be nbt.un('(1 from th~ St"'<'ret<lf)' of St8\~ of Dt!lawilfl':'
or from th~ &!(,,,,tilry of =.(1ld (Orp,JriJ!l"n SUbjH't to the J..);prt's.~ tt"rll.s and condltKlfUil ,ontained in &aid
^rtl(.'l~ IV, Part A, Ihts evid<'oce of llH,l!'b:edn~~ i!I !;ubordil1Htro Sl.:'. to) p.aymt'nt of vnn{"lpal, prt'mium,
if iHI}'. ami intN'Cst In certain n:-:.~-.::t, to th~ prlt.)r right!. of th(' holdttrs of Prf'ferr-ed Stock of !Wild cor.
poratlOn"
i\u)thing hen,in to !.he contrary notwilh~tBndin!:. tht' dill",~, if any, {If t}w Pl"1'fnr,oo Stt)(k ..alNt
u...~t~ of the (Qrpon.tlo/l ...thu thall tht' ~a!i Ililtht'f"in;r ..~..t'h ~nd IOc fiU Ki\tht'ling I.ncQn~e a~ lub}<<;ct to
1M pdor SJ'6yro~nt of "11 i.1Hlebl<<iMu illdudiflt contraCluallndt.'ht~n..~.
12, For all purpost" of thi3 Artldt' IV, unleM the conll'xt othcrwlM' rt:qulr~:
(Il) The tNIT\ "junwr stock" ~hHll !lih"lO ~hlU'-''' of t..pit",1 st,xk d the {'t.ltp'NiHIQn l'i'wkir,g junior
~11 Pri'ferr<<! Stt)(k i15 I.) th"ldpnds ilf dibtnbution uf !\5-C,.;'t,1 up<Jl\ hquidlltl.J!l
(b) 'ni~ term "mdebtt"dlil'~" of th~ r.:llp'or~n,)li ~hail bt' dNf:"rtmned on an uIH"Al.\OlidiJted basiS and
sh.all mean and wc\udt' (i) all \terns of indcbte...ln~~ or lIabllilY which 111 ~(:{'ordlln(i; willi ~en{'nlily flC-
((~ptcd iH'nJ~l!lllilg prulclple:; 'would ~ lnc!udeJ in d~ternHlHng tnt<tl h€llhill!lt~ as !11f)wn on the hii'b:ltty
~lde or u btjlal!,-'<' sh~t i!t< fti thl: dtlt<, M of whkh indt<bt..x1nt'ltS L~ to lx~ delt'rrnlll~, (II) the full iHl>O~lHt
.,( aU lJiibil:ti(-~ of other!\ for th!' repaym("nl, e:\h~t In nwn~y or in prop\"rt)", of b.,r(t)w,..",1 H\O!H:Y, gUfmm.
tt'<<i or t!ndon,E-d (oth{'rw~ th.m for pUrrR.~N of (oi!<<(l.)1i) by th~ ("(,rporaHon, or wokh tht' wrpora-
twn is obligated, contin~~nt!y or othefwi<<,. to pun:h~M~, or (,n which th{" \'i)TJ:~:'r.Qti;jn l!i oth~rwj:M'
cnnllnK!'ntly liabl{'. and all l,\Jch habillti(':S fer tb' pe,ynwnt {if purdu<~ of which the c<;rpM..hno ha.1.
tDntmgelllly or ()thHwi~, ..grttd to &dYi<nc~ Of roupply fl)nd~; {Hj) liJlbllihe'i ~ufe..1 by purc"~
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