Common use of PRE-CLOSING DIVIDEND Clause in Contracts

PRE-CLOSING DIVIDEND. Prior to the Maverick Effective Time, ▇▇▇▇▇▇▇▇ may declare a dividend (the “Pre-Closing Dividend”) to the holders of Maverick Common Stock consisting of $2.00 per share in cash per share of Maverick Common Stock, with a record date (which shall be no later than one Business Day prior to the Maverick Effective Time) and payment date determined by the Maverick Board of Directors.