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1~ sl~rca ~t DISC Amc~ica at sueh tln~el sha0 bc sunc~dc~^cd ar.d ar.r:!!c-d. ?'hc
~wt?or~~cd stock ot 1)ISC Mxrita shzll r~trwia u the ~utho~i:cd s:~,ck ot tbs S~rrivia~
O~rlatutioA.
' D?SCa Cow~o+~ Stack. F.ach th.irc of comnwn atoek. ~1.00 {~ar ~afue, of D1SC
i~ua~ca sad outstandio~ immcdia;cla prio: :o the ~~ccti~~c Datc Rhall tl~r~eup,u bt cwr
re~ted iato oue xhare of comiaof? ~toek. SI.00 par ralue. oi DISC .1a~crica. Aar issued
s~re ot DISC toa~mon stoek held ~n its t~easury• immcdiately pri~?r iQ tl.: E~cciire Dste
d~all tLereupon be c:u~~•erted iato oa~ ~ha~e of trezsuq stoek of U~e Snrriri~ Corpo~ati~.
~ (t) DISC's PrtlcT?~d SeocL•. Eaeh shu+e of prefc~red slock. E1.OA ry~r r~lu~ d
~'DlcC
issurd ar:d outstand'eng. immecliatcly prix to the EfTceti~-e I~?te. ahait aot 6e ~
~t~cirtcd into ao~ ahare o! stc,ck oi thc Sun~~~in; (:orporat~on, but cach ho:der of -
q~~~~c~,r~; ;.rcfcrred ~tock uf DfSG. u~.~~n ~ur~tr.:Ier o[ one or more stoc~C ccrs:tr.ta
ior rr, ~ s~ock of U1SC for canrrll~ ti.m, sl?ali rrcci~-c (1) ca~h i~ ike ~mo~M o[ ~s'
~,50 j: .:~~are prcferrcd stack on cml b~ caeh hoMer imtnEaatcl~ prior to ~.e ::tfcctire
jl~at~. ot (2~ it sue~ shareholder expnssl~ elects in a rrriUa~ me~~c~! by tt.e Surri~iaf
Corporation ~Yithit. .nirty (30) da~a of th~ F_ffecti:e Date. or~ share ot UISC ~mcrus
E oornnwn stock. hlus :3.00 cash for cach ~hare of pmfcrrrd xk onned i:an:c~iaicfr -~.i
~ prior to thc i:Rcct~~~e U:.tc. Un th~ E:fect~~e Uatc, :.ny and all n~hts pcitaintin; to tl:e _ i?
~ p~+etermd ~tock nI nlaC ~nclu~lin~ sny ri~•~:: to accru~d b~t w:d.~lirc~ d:~:~cr.~i.. sT».U = ~
~ t~erminat~•. An?• issucd a,iarr of DI>C p?rtecm! steck hcld in ~LS ir~rwr~ os~ the l:tIc~ciire
~ I?ate sha11 Le t:?ncell~tl and sh~ll not be c~merted.
(d) Slock Optio~.s aud 1{'arr~nfs. Each option or aarrant to purchase DISC Cu~.rao~t
Slotk pursuant to its Qualified S'uck Oj~t?ou 1'l~n, ar Conunon St•+ck Yu~Y!L1sc \1'a:rant
/lgrtemcnj ~•hicii shall be aust:::id~:~~ ~mmc.li:.tc;~ pr~or to thc E:1Tccii~e Uate, sball be
assumcd b~ thc Sun~~cin~ Corporat:oii ~ i wch !s:::~•, .?ftcr tichich a~ ut:i~tioa t~:c t;rau _
o! tht option or ~~-arrant shall icmain u:~: `~an;.cJ. crccpt that tl~e st~c3: ~.ctu:.b:~~ ~pon _
!he exercise lhereof sh: ll be UISC ~tuenca's cumn~on stock in lieu o! UISC comnwn stocL-.
~.2 On the F.ifecti.e Date each st~k eertitKate ret~"~~cn;in~ any common stc+ck of D1~C
shall I,e dccttsed !or at! torporatr pur; o<es to e~ idcrce th. o~: ncrs'~~p oi !h~ ~:l~o'.c aumirr ot ~
shares of stock of thc curvi~in~ Cor;wr~t:on ~~hieh thc 1~~~idcr ~hcrc~i c~t:itcd to r~-eci~t '
Atrcur.dcr. I(ol~l~ r~ uf eommon stotk o! UI~C ~ue-I r.oL suncndcr tiu-ir ecrt..`~c:.tr.. of l~i~(' s:
tomrnon stock f~?r exrh:.n2e. t ath stc~ck eerti~:cate rep:c=rn:~n~ aii~• ?~rnferrc.i ~;nc:: of ` i~C -
must besun~c:iilered: w~ti) :urrer.Jcr.J. e::c~~ wc+. crr:i~i:.~:r ..i~:il: 2.~ ~i.•c:•..• ° fu: :.I: t.~. •~:a:c ;Y~4~
- pur~wscs to c~•idrnc~ only th~ turmer rr~fcrrcd .~:u;l'~u!.t~•r'. e~:t.i'. t~~ ~:.~sh r.:cnt
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o! ~T.50 for c.~ci~ s'aarc of prc:crrcd st~+cl., or t~~ r~:ci~~~ c~i~•~ >!::~~c 1~1~~: .~:a: r.c, ~:.~•z
~ stotk pl~. ~3.00 ca~l? i[ rMctcd ~~•ithiu tL•c :ime. aud ~n thc manr.rr 1:.•3~•~n ~~ro~-:.ic~i. a~:•i :':c 4-':
,
Surviv~n~ Cor~ ~~at.un~s oLli~.uion to rr..~i.c suc:? p-~)m~•nt (ur p.~)'iuct?t of cach and dct~~en- of
Rlock, aa lhc tase ma) liei uPon sutrender ot the rtl-LIIIC1lC3.
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4.8 It any eertit~cate for DISC America common ~txk is to be i«ucd, or it an~ ~?a~m~•nt „~.M1 ~s, :
!or D1SC prcfcrred ~:~ck is to be made in a ~~ame oth~r :h,n that .n ~:hic!~ tnc cc~t~ :c.~tr f.•s
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Any 111SC stock surr~ ndc~c~t ~s rc~:u tercd. ~t ~h~ll l,r ,~,~~:~'.,h~,n cf sur:~ • u.u~~r or :,t
that U~e tcttit~tat~ so stn:cndcrcd sh:~il l:c pro~~ccly cn~i~~r-c~t or othcr~~~~c n~ ;.ro~Mr :.~~:~i ;wr
t?anatcr, anJ that au~• (:~•rsun cnUUed t~ :~n;• ~c..u:u,cc oi I~I~C :~nx•?~~ca cc~m~•+~m •t.ti•'. ~1ti.~i1
pay auy U:~:~sfer or ~~llicr ta~cs r~~~i:rcd rcasun of Ilic i~..uzncr of c,•:t:t.:.~t••.
1)1~C Amene.i st~~cl. n? a nanu ~~thcr ti~,~~ the re;.i•:~~.•.1 I:~•t.lrr oi t`~e cr~t~;:: a.• ~u~~.:e.'..•~,.,
- Gr ~;l:~i~lish lo th~ ~sf:?c:~ ~n of 1)1~(: .\mcnc:i or ita lr:tiu•irr a~:rnt lhat aucl. i..~ h.:~ l~.•r
yafd ar is uol applicab:c.
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