Preferred Share Provisions. Each one one-hundredth of a Preferred Share, if issued: • will not be redeemable. • will entitle holders to quarterly dividend payments of $0.01 per share, or an amount equal to the dividend paid on one share of common stock, whichever is greater. • will entitle holders upon liquidation either to receive $1 per share or an amount equal to the payment made on one share of common stock, whichever is greater. • will have the same voting power as one share of common stock. • if shares of our common stock are exchanged via merger, consolidation, or a similar transaction, will entitle holders to a per share payment equal to the payment made on one share of common stock. The value of one one-hundredth interest in a Preferred Share should approximate the value of one share of common stock.
Appears in 5 contracts
Samples: Rights Agreement (Cracker Barrel Old Country Store, Inc), Cracker Barrel Old (Cracker Barrel Old Country Store, Inc), Rights Agreement (Cracker Barrel Old Country Store, Inc)
Preferred Share Provisions. Each one one-hundredth thousandth of a Preferred Share, if issued: • · will not be redeemable. • ; · will entitle holders its holder to quarterly dividend payments of $0.01 0.001 per share, or an amount equal to the dividend paid on one share of common stockCommon Stock, whichever is greater. • ; · will entitle holders its holder upon liquidation either to receive $1 1.00 per share or an amount equal to the payment made on one share of common stockCommon Stock, whichever is greater. • ; · will have the same voting power as one share of common stock. • Common Stock; and · if shares of our common stock Common Stock are exchanged via merger, consolidation, or a similar transaction, will entitle holders to a per share payment equal to the payment made on one share of common stockCommon Stock. The value of one one-hundredth thousandth interest in a Preferred Share should approximate the value of one share of common stockCommon Stock.
Appears in 3 contracts
Samples: Rights Agreement (Medifast Inc), Rights Agreement (Medifast Inc), Rights Agreement (Cosi Inc)
Preferred Share Provisions. Each one one-hundredth of a Preferred Share, if issued: • o will not be redeemable. • o will entitle holders to quarterly dividend payments of $0.01 .01 per share, or an amount equal to the dividend paid on one share of common stock, whichever is greater. • o will entitle holders upon liquidation either to receive $1 per share or an amount equal to the payment made on one share of common stock, whichever is greater. • o will have the same voting power as one share of common stock. • o if shares of our common stock are exchanged via merger, consolidation, or a similar transaction, will entitle holders to a per share payment equal to the payment made on one share of common stock. The value of one one-hundredth interest in a Preferred Share should approximate the value of one share of common stock.
Appears in 3 contracts
Samples: Rights Agreement (Genesis Healthcare Corp), Agreement and Plan of Merger (Phillips Petroleum Co), Energy Partners LTD
Preferred Share Provisions. Each one one-hundredth of a Preferred Share, if issued: • will not be redeemable. • will entitle holders to quarterly dividend payments of $0.01 per share, or an amount equal to the dividend paid on one share of common stockCompany Common Stock, whichever is greater. • will entitle holders upon liquidation either to receive $1 1.00 per share share, or an amount equal to the payment made on one share of common stockCompany Common Stock, whichever is greater. • will have the same voting power as one share of common stockCompany Common Stock. • if shares of our common stock Company Common Stock are exchanged via merger, consolidation, or a similar transaction, will entitle holders to a per share payment equal to the payment made on one share of common stockCompany Common Stock. The value of one one-hundredth interest in a Preferred Share should approximate the value of one share of common stockCompany Common Stock.
Appears in 3 contracts
Samples: Rights Agreement (Rayonier Advanced Materials Inc.), Rights Agreement (Navient Corp), Rights Agreement (Hexcel Corp /De/)
Preferred Share Provisions. Each one oneten-hundredth thousandth of a Preferred Share, if issued: • will not be redeemable. • will entitle holders to quarterly dividend payments of $0.01 1.00 per share, or an amount equal to the dividend paid on one share of common stock, whichever is greater. • will entitle holders upon liquidation either to receive $1 10,000.00 per share share, or an amount equal to the payment made on one share of common stock, whichever is greater. • will have the same voting power as one share of common stock. • if shares of our common stock are exchanged via merger, consolidation, or a similar transaction, will entitle holders to a per share payment equal to the payment made on one share of common stock. The value of one oneten-hundredth thousandth interest in a Preferred Share should approximate the value of one share of common stock.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Hospitality Distribution Inc), Rights Agreement (Cec Entertainment Inc)
Preferred Share Provisions. Each one one-hundredth of a Preferred Share, if issued: • · will not be redeemable. • · will entitle holders to quarterly dividend payments of $0.01 per share, or an amount equal to the dividend paid on one share of common stock, whichever is greater. • · will entitle holders upon liquidation either to receive $1 1.00 per share share, or an amount equal to the payment made on one share of common stock, whichever is greater. • · will have the same voting power as one share of common stock. • · if shares of our common stock are exchanged via merger, consolidation, or a similar transaction, will entitle holders to a per share payment equal to the payment made on one share of common stock. The value of one one-hundredth interest in a Preferred Share should approximate the value of one share of common stock.
Appears in 2 contracts
Samples: Rights Agreement (Yum China Holdings, Inc.), Rights Agreement (Yum China Holdings, Inc.)
Preferred Share Provisions. Each one one-hundredth of a Preferred Share, if issued: • will not be redeemable. • will entitle holders to quarterly dividend payments of $0.01 per share, or an amount equal to the dividend paid on one share of common stock, whichever is greater. • will entitle holders upon liquidation either to receive $1 1.00 per share share, or an amount equal to the payment made on one share of common stock, whichever is greater. • will have the same voting power as one share of common stock. • if shares of our common stock are exchanged via merger, consolidation, or a similar transaction, will entitle holders to a per share payment equal to the payment made on one share of common stock. The value of one one-hundredth interest in a Preferred Share should approximate the value of one share of common stock.
Appears in 2 contracts
Samples: Rights Agreement (Synacor, Inc.), Rights Agreement (Forest Oil Corp)
Preferred Share Provisions. Each one one-hundredth of a Preferred Share, if issued: • . will not be redeemable. • . will entitle holders to quarterly dividend payments of $0.01 per share, or an amount equal to the dividend paid on one share of common stock, whichever is greaterCommon Stock. • . will entitle holders upon liquidation either to receive $1 per share one one- hundredth interest of a Preferred Share or an amount equal to the payment made on one share of common stockCommon Stock, whichever is greater. • . will have the same voting power as one share of common stockCommon Stock. • . if shares of our common stock Common Stock are exchanged via merger, consolidation, or a similar transaction, will entitle holders to a per share payment equal to the payment made on one share of common stockCommon Stock. The value of one one-hundredth interest in a Preferred Share should approximate the value of one share of common stockCommon Stock.
Appears in 1 contract
Preferred Share Provisions. Each one one-hundredth of a Preferred Share, if issued: • - will not be redeemable. • - will entitle holders to quarterly dividend payments of $0.01 per share, or an amount equal to the dividend paid on one share of common stock, whichever is greaterCommon Stock. • - will entitle holders upon liquidation either to receive $1 per share one one-hundredth interest of a Preferred Share or an amount equal to the payment made on one share of common stockCommon Stock, whichever is greater. • - will have the same voting power as one share of common stockCommon Stock. • - if shares of our common stock Common Stock are exchanged via merger, consolidation, or a similar transaction, will entitle holders to a per share payment equal to the payment made on one share of common stockCommon Stock. The value of one one-hundredth interest in a Preferred Share should approximate the value of one share of common stockCommon Stock.
Appears in 1 contract
Preferred Share Provisions. Each one one-hundredth of a Preferred Share, if issued: • - will not be redeemable. • - will entitle holders to quarterly dividend payments of $0.01 .01 per share, or an amount equal to the dividend paid on one share of common stock, whichever is greater. • - will entitle holders upon liquidation either to receive $1 per share or an amount equal to the payment made on one share of common stock, whichever is greater. • - will have the same voting power as one share of common stock. • - if shares of our common stock are exchanged via merger, consolidation, or a similar transaction, will entitle holders to a per share payment equal to the payment made on one share of common stock. The value of one one-hundredth interest in a Preferred Share should approximate the value of one share of common stock.
Appears in 1 contract
Preferred Share Provisions. Each one one-hundredth of a Preferred Share, if issued: • will not be redeemable. • will entitle holders to quarterly dividend payments of $0.01 per share, or an amount equal to the dividend paid on one share of common stock, whichever is greater. • will entitle holders upon liquidation either to receive $1 1.00 per share or an amount equal to the payment made on one share of common stock, whichever is greater. • will have the same voting power as one share of common stock. • if shares of our common stock are exchanged via merger, consolidation, or a similar transaction, will entitle holders to a per share payment equal to the payment made on one share of common stock. The value of one one-hundredth interest in a Preferred Share should approximate the value of one share of common stock. Expiration. The Rights will expire on December 31, 2015.
Appears in 1 contract
Preferred Share Provisions. Each one one-hundredth thousandth of a Preferred Share, if issued: • will not be redeemable. ; • will entitle holders to quarterly dividend payments of $0.01 0.001 per share, or an amount equal to the dividend paid on one share of common stock, whichever is greater. ; • will entitle holders upon liquidation either to receive $1 1.00 per share or an amount equal to the payment made on one share of common stock, whichever is greater. ; • will have the same voting power as one share of common stock. ; and • if shares of our common stock are exchanged via merger, consolidation, or a similar transaction, will entitle holders to a per share payment equal to the payment made on one share of common stock. The value of one one-hundredth thousandth interest in a Preferred Share should approximate the value of one share of the Company’s common stock.
Appears in 1 contract
Preferred Share Provisions. Each one one-hundredth thousandth of a Preferred Share, if issued: • will not be redeemable. • will entitle holders to quarterly dividend payments of $0.01 0.001 per share, or an amount equal to the dividend paid on one share of common stock, whichever is greater. • will entitle holders upon liquidation either to receive $1 per share or an amount equal to the payment made on one share of common stock, whichever is greater. • will have the same voting power as one share of common stock. • if shares of our common stock are exchanged via merger, consolidation, or a similar transaction, will entitle holders to a per share payment equal to the payment made on one share of common stock. The value of one one-hundredth thousandth interest in a Preferred Share should approximate the value of one share of common stock.
Appears in 1 contract
Samples: Rights Agreement (Clorox Co /De/)
Preferred Share Provisions. Each one one-hundredth of a Preferred Share, if issued: • will not be redeemable. • will entitle holders to quarterly dividend payments of $0.01 per share, or an amount equal to the dividend paid on one share of common stock, whichever is greater. • will entitle holders upon liquidation either to receive $1 per share or an amount equal to the payment made on one share of common stock, whichever is greater. • will have the same voting power as one share of common stock. • if shares of our common stock are exchanged via merger, consolidation, or a similar transaction, will entitle holders to a per share payment equal to the payment made on one share of common stock. The value of one one-hundredth interest in a Preferred Share should approximate the value of one share of common stock. Expiration. The Rights will expire on October 18, 2018.
Appears in 1 contract
Samples: Rights Agreement (HCI Group, Inc.)
Preferred Share Provisions. Each one one-hundredth of a Preferred Share, if issued: • will not be redeemable. • will entitle holders to quarterly dividend payments of $0.01 per share, or an amount equal to the dividend paid on one share of common stock, whichever is greater. • will entitle holders upon liquidation either to receive $1 1.00 per share share, or an amount equal to the payment made on one share of common stock, whichever is greater. • will have the same voting power as one share of common stock. • if shares of our common stock are exchanged via as a result of a merger, consolidation, or a similar transaction, will entitle holders to a per share payment equal to the payment made on one share of common stock. The value of one one-hundredth interest in a Preferred Share should approximate the value of one share of common stock.
Appears in 1 contract
Preferred Share Provisions. Each one one-hundredth of a Preferred Share, if issued: • will not be redeemable. • will entitle holders to quarterly dividend payments of $0.01 per share, or an amount equal to the dividend paid on one share of common stock, whichever is greater. • will entitle holders upon liquidation either to receive $1 per share 1.00 or an amount equal to the payment made on one share of common stock, whichever is greater. • will have the same voting power as one share of common stock. • if shares of our common stock are exchanged via merger, consolidation, or a similar transaction, will entitle holders to a per share payment equal to the payment made on one share of common stock. The value of one one-hundredth interest in a Preferred Share should approximate the value of one share of common stock. Expiration. The Rights will expire on July 27, 2016.
Appears in 1 contract
Samples: Rights Agreement (Bluegreen Corp)
Preferred Share Provisions. Each one one-hundredth of a Preferred Share, if issued: • o will not be redeemable. • o will entitle holders to quarterly dividend payments of $0.01 per share.01, or an amount equal to the dividend paid on one share of common stock, whichever is greater. • o will entitle holders upon liquidation either to receive $1 per share or an amount equal to the payment made on one share of common stock, whichever is greater. • o will have the same voting power as one share of common stock. • o if shares of our common stock are exchanged via merger, consolidation, or a similar transaction, will entitle holders to a per share payment equal to the payment made on one share of common stock. The value of one one-hundredth interest in a Preferred Share should approximate the value of one share of common stock. Expiration. The Rights will expire on August 5, 2012.
Appears in 1 contract
Samples: Rights Agreement (Joy Global Inc)
Preferred Share Provisions. Each one one-hundredth of a Preferred Share, if issued: • will not be redeemable. • will entitle holders to quarterly dividend payments of $0.01 per share, .01 or an amount equal to the dividend paid on one share of common stock, whichever is greater. • will entitle holders upon liquidation either to receive $1 per share or an amount equal to the payment made on one share of common stock, whichever is greater. • will have the same voting power as one share of common stock. • if shares of our common stock are exchanged via merger, consolidation, or a similar transaction, will entitle holders to a per share payment equal to the payment made on one share of common stock. The value of one one-hundredth interest in a Preferred Share should approximate the value of one share of common stock.
Appears in 1 contract
Samples: Esmark Incorporated (Esmark INC)
Preferred Share Provisions. Each one one-hundredth of a Preferred Share, if issued: • will not be redeemable. • will entitle holders its holder to quarterly dividend payments of $0.01 per share0.01, or an amount equal to the dividend paid on one share of common stockordinary share, whichever is greater. • will entitle holders its holder upon liquidation either to receive $1 per share 1.00 or an amount equal to the payment made on one share of common stockordinary share, whichever is greater. • will have the same voting power as one share of common stockordinary share. • if our ordinary shares of our common stock are exchanged via merger, consolidation, scheme of arrangement or a similar transaction, will entitle holders to a per share payment equal to the payment made on one share of common stockordinary share. The value of one one-hundredth interest in a Preferred Share should approximate the value of one share of common stockordinary share. Expiration. The Rights will expire on June 28, 2014.
Appears in 1 contract
Samples: Rights Agreement (Mallinckrodt PLC)
Preferred Share Provisions. Each one one-hundredth of a Preferred Share, if issued: • ● will not be redeemable. • ● will entitle holders to quarterly dividend payments of $0.01 per share, or an amount equal to the dividend paid on one share of common stock, whichever is greater. • ● will entitle holders upon liquidation either to receive $1 1.00 per share share, or an amount equal to the payment made on one share of common stock, whichever is greater. • ● will have the same voting power as one share of common stock. • ● if shares of our common stock are exchanged via merger, consolidation, or a similar transaction, will entitle holders to a per share payment equal to the payment made on one share of common stock. The value of one one-hundredth interest in a Preferred Share should approximate the value of one share of common stock.
Appears in 1 contract
Samples: Rights Agreement (Sothebys)
Preferred Share Provisions. Each one one-hundredth of a Preferred Share, if issued: • · will not be redeemable. • · will entitle holders to quarterly dividend payments of $0.01 per share, or an amount equal to the dividend paid on one share of common stock, whichever is greater. • · will entitle holders upon liquidation either to receive $1 per share or an amount equal to the payment made on one share of common stock, whichever is greater. • · will have the same voting power as one share of common stock. • · if shares of our common stock are exchanged via merger, consolidation, or a similar transaction, will entitle holders to a per share payment equal to the payment made on one share of common stock. The value of one one-hundredth interest in a Preferred Share should approximate the value of one share of common stock.
Appears in 1 contract
Samples: Rights Agreement (Cracker Barrel Old Country Store, Inc)
Preferred Share Provisions. Each one one-hundredth thousandth of a Preferred Share, if issued: • will not be redeemable. • will entitle holders to quarterly dividend payments of $0.01 .001 per share, or an amount equal to the dividend paid on one share of common stock, whichever is greater. • will entitle holders upon liquidation either to receive $1 per share or an amount equal to the payment made on one share of common stock, whichever is greater. • will have the same voting power as one share of common stock. • if shares of our common stock are exchanged via merger, consolidation, or a similar transaction, will entitle holders to a per share payment equal to the payment made on one share of common stock. The value of one one-hundredth thousandth interest in a Preferred Share should approximate the value of one share of common stock.
Appears in 1 contract
Preferred Share Provisions. Each one one-hundredth thousandth of a Preferred Share, if issued: • will not be redeemable. • will entitle holders to quarterly dividend payments of $0.01 0.001 per share, or an amount equal to the dividend paid on one share of common stock, whichever is greater. • will entitle holders upon liquidation either to receive $1 per share or an amount equal to the payment made on one share of common stock, whichever is greater. • will have the same voting power as one share of common stock. • if shares of our common stock are exchanged via merger, consolidation, or a similar transaction, will entitle holders to a per share payment equal to the payment made on one share of common stock. The value of one one-hundredth thousandth interest in a Preferred Share should approximate the value of one share of the Company’s common stock.
Appears in 1 contract
Samples: Rights Agreement (BMC Software Inc)
Preferred Share Provisions. Each one one-hundredth of a Preferred Share, if issued: • · will not be redeemable. • ; · will entitle holders to quarterly dividend payments of $0.01 per share, or an amount equal to the dividend paid on one share of common stock, whichever is greater. • ; · will entitle holders upon liquidation either to receive $1 1.00 per share share, or an amount equal to the payment made on one share of common stock, whichever is greater. • ; · will have the same voting power as one share of common stock. • ; and · if shares of our common stock are exchanged via merger, consolidation, or a similar transaction, will entitle holders to a per share payment equal to the payment made on one share of common stock. The value of one one-hundredth interest in a Preferred Share should approximate the value of one share of common stock.
Appears in 1 contract
Samples: Rights Agreement (Dorian LPG Ltd.)
Preferred Share Provisions. Each one one-hundredth of a Preferred Share, if issued: • will not be redeemable. • will entitle holders to quarterly dividend payments of $0.01 .01 per share, or an amount equal to the dividend paid on one share of common stock, whichever is greater. • will entitle holders upon liquidation either to receive $1 per share or an amount equal to the payment made on one share of common stock, whichever is greater. • will have the same voting power as one share of common stock. • if shares of our common stock are exchanged via merger, consolidation, or a similar transaction, will entitle holders to a per share payment equal to the payment made on one share of common stock. The value of one one-hundredth interest in a Preferred Share should approximate the value of one share of common stock.
Appears in 1 contract
Preferred Share Provisions. Each one one-hundredth thousandth of a Preferred Share, if issued: • · will not be redeemable. • · will entitle holders to quarterly dividend payments of $0.01 0.001 per share, or an amount equal to the dividend paid on one share of common stock, whichever is greater. • · will entitle holders upon liquidation either to receive $1 1.00 per share or an amount equal to the payment made on one share of common stock, whichever is greater. • · will have the same voting power as one share of common stock. • · if shares of our common stock are exchanged via merger, consolidation, or a similar transaction, will entitle holders to a per share payment equal to the payment made on one share of common stock. The value of one one-hundredth thousandth interest in a Preferred Share should approximate the value of one share of common stock.
Appears in 1 contract
Preferred Share Provisions. Each one onetwo-hundredth of a Preferred Share, if issued: • will not be redeemable. • will entitle holders to quarterly dividend payments of $0.01 0.005 per share, or an amount equal to the dividend paid on one share of common stock, whichever is greater. • will entitle holders upon liquidation either to receive $1 0.50 per share or an amount equal to the payment made on one share of common stock, whichever is greater. • will have the same voting power as one share of common stockvote. • if shares of our common stock are exchanged via merger, consolidation, or a similar transaction, will entitle holders to a per share payment equal to the payment made on one share of common stock. The value of one onetwo-hundredth interest in a Preferred Share should approximate the value of one share of common stock. Expiration. The Rights will expire on January 11, 2018.
Appears in 1 contract
Samples: Rights Agreement (A. H. Belo CORP)
Preferred Share Provisions. Each one one-hundredth of a Preferred Share, if issued: • will not be redeemable. ; • will entitle holders to quarterly dividend payments of $0.01 per share0.01, or an amount equal to the dividend paid on one share of common stock, whichever is greater. ; • will entitle holders upon liquidation either to receive $1 per share 1.00, or an amount equal to the payment made on one share of common stock, whichever is greater. ; • will have the same voting power as one share of common stock. ; • if shares of our common stock are exchanged via merger, consolidation, or a similar transaction, will entitle holders to a per share payment equal to the payment made on one share of common stock. The value of one one-hundredth interest in a Preferred Share should approximate the value of one share of common stock.
Appears in 1 contract
Preferred Share Provisions. Each one one-hundredth of a Preferred Share, if issued: • * will not be redeemable. • * will entitle holders to quarterly dividend payments of $0.01 .01 per share, or an amount equal to the dividend paid on one share of common stock, whichever is greater. • * will entitle holders upon liquidation either to receive $1 per share or an amount equal to the payment made on one share of common stock, whichever is greater. • * will have the same voting power as one share of common stock. • * if shares of our common stock are exchanged via merger, consolidation, or a similar transaction, will entitle holders to a per share payment equal to the payment made on one share of common stock. The value of one one-hundredth interest in a Preferred Share should approximate the value of one share of common stock.
Appears in 1 contract
Samples: Ruddick Corp
Preferred Share Provisions. Each one one-hundredth thousandth of a Preferred Share, if issued: • will not be redeemable. • will entitle holders to quarterly dividend payments of $0.01 per share.01, or an amount equal to the dividend paid on one share of common stock, whichever is greater. • will entitle holders upon liquidation either to receive $1 per share or an amount equal to the payment made on one share of common stock, whichever is greater. • will have the same voting power as one share of common stock. • if shares of our common stock are exchanged via merger, consolidation, share exchange or a similar transaction, will entitle holders to a per share payment equal to the payment made on one share of common stock. The value of a one one-hundredth thousandth interest in a Preferred Share should approximate the value of one share of common stock.
Appears in 1 contract
Preferred Share Provisions. Each one one-hundredth of a Preferred Share, if issued: • will not be redeemable. • will entitle holders to quarterly dividend payments of $0.01 per share, or an amount equal to the dividend paid on one share of common stock, whichever is greater. • will entitle holders upon liquidation either to receive $1 per share or an amount equal to the payment made on one share of common stock, whichever is greater. • will have the same voting power as one share of common stock. • if shares of our common stock are exchanged via merger, consolidation, or a similar transaction, will entitle holders to a per share payment equal to the payment made on one share of common stock. The value of one one-hundredth interest in a Preferred Share should approximate the value of one share of common stock. Expiration. The Rights will expire on July 20, 2022.
Appears in 1 contract
Preferred Share Provisions. Each one one-hundredth thousandth of a Preferred Share, if issued: • · will not be redeemable. • · will entitle holders to cumulative quarterly dividend payments of $0.01 .001 per share, or an amount equal to the dividend paid on one share of common stock, whichever is greater. • · will entitle holders upon liquidation either to receive $1 per share or an amount equal to the payment made on one share of common stock, whichever is greater. • · will have the same voting power as one share of common stock. • · if shares of our common stock are exchanged via merger, consolidation, or a similar transaction, will entitle holders to a per share payment equal to the payment made on one share of common stock. The value of one one-hundredth thousandth interest in a Preferred Share should approximate the value of one share of common stock.
Appears in 1 contract
Preferred Share Provisions. Each one one-hundredth of a Preferred Share, if issued: • · will not be redeemable. • · will entitle holders to quarterly dividend payments of $0.01 .01 per share, or an amount equal to the dividend paid on one share of common stock, whichever is greater. • · will entitle holders upon liquidation either to receive $1 per share or an amount equal to the payment made on one share of common stock, whichever is greater. • · will have the same voting power as one share of common stock. • · if shares of our common stock are exchanged via merger, consolidation, or a similar transaction, will entitle holders to a per share payment equal to the payment made on one share of common stock. The value of one one-hundredth interest in a Preferred Share should approximate the value of one share of common stock.
Appears in 1 contract
Samples: Rights Agreement (Temple Inland Inc)
Preferred Share Provisions. Each one one-hundredth of a Preferred Share, if issued: • · will not be redeemable. • · will entitle holders its holder to quarterly dividend payments of $0.01 per share.01, or an amount equal to the dividend paid on one share of common stock, whichever is greater. • · will entitle holders its holder upon liquidation either to receive $1 per share or an amount equal to the payment made on one share of common stock, whichever is greater. • · will have the same voting power as one share of common stock. • · if shares of our common stock are exchanged via merger, consolidation, or a similar transaction, will entitle holders to a per share payment equal to the payment made on one share of common stock. The value of one one-hundredth interest in a Preferred Share should approximate the value of one share of common stock.
Appears in 1 contract
Samples: Rights Agreement (Hardinge Inc)
Preferred Share Provisions. Each one one-hundredth of a Preferred Share, if issued: • will not be redeemable. • will entitle holders to minimum preferential quarterly dividend payments of $0.01 per share0.01, or but will entitle holders to an amount aggregate dividend equal to the dividend paid on one share of common stock, whichever is greaterdeclared per Common Share. • will entitle holders upon liquidation either to receive a minimum preferential liquidation payment of $1 per share or share, but if greater than $1 per share, an amount aggregate payment equal to the payment made on one share of common stock, whichever is greaterper Common Share. • will have the same voting power as one share of common stock1 vote. • if shares of our common stock are exchanged via merger, consolidation, or a similar transaction, will entitle holders to a per share payment equal to the payment made on one share of common stock. The value of one one-hundredth interest in a Preferred Share should approximate the value of one share of common stock.
Appears in 1 contract
Samples: Rights Agreement (Freds Inc)