Common use of Preferred Share Provisions Clause in Contracts

Preferred Share Provisions. Each one one-thousandth of a Preferred Share, if issued: o Will not be redeemable. o Will entitle holders to quarterly dividend payments of $0.005 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 $1.00 per share or an amount equal to the payment made on one share of common stock, whichever is greater. o Will have no voting rights except in limited circumstances. 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-thousandth interest in a Preferred Share should approximate the value of one share of common stock. Expiration. The Rights will expire on July 6, 2010. Redemption. Our Board may redeem the Rights for $0.001 per Right at any time before a person or group becomes an Acquiring Person and before July 6, 2010. If our Board redeems any Rights, it musts redeem all of the Rights. Once the Rights are redeemed, the only right of the holders of Rights will be to receive the redemption price of $0.001 per Right. The redemption price will be adjusted if we have a stock split or stock dividends of our common stock.

Preferred Share Provisions. Each one one-thousandth of a Preferred Share, if issued: o Will • will not be redeemable. o Will • will entitle holders to quarterly dividend payments of $0.005 per share0.01, or an amount equal to the dividend paid on one share of common stock, whichever is greater. o Will • will entitle holders upon liquidation either to receive $1.00 per share 0.01 or an amount equal to the payment made on one share of common stock, whichever is greater. o Will • will have no the same voting rights except in limited circumstancespower as one share of common stock. o If • 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-thousandth interest in a Preferred Share should approximate the value of one share of common stock. Expiration. The Rights will expire on July 6March 31, 20102021. Redemption. Our Board may redeem the Rights for $0.001 per Right at any time before a any person or group becomes an Acquiring Person and before July 6, 2010Person. If our Board redeems any Rights, it musts must redeem all of the Rights. Once the Rights are redeemed, the only right of the holders of Rights will be to receive the redemption price of $0.001 per Right. The redemption price will be adjusted if we have a stock split or stock dividends of our common stock.

Preferred Share Provisions. Each one one-thousandth of a Preferred Share, if issued: o Will • will not be redeemable. o Will • will entitle holders to quarterly dividend payments of $0.005 per share.001, or an amount equal to the dividend paid on one share of common stock, whichever is greater. o Will • will entitle holders upon liquidation either to receive $1.00 per share or an amount equal to the payment made on one share of common stock, whichever is greater. o Will • will have no the same voting rights except in limited circumstancespower as one share of common stock. o If • 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-thousandth interest in a Preferred Share should approximate the value of one share of common stock. Expiration. The Rights will expire on July 6November 19, 20102013. Redemption. Our Board may redeem the Rights for $0.001 per Right at any time before a any person or group becomes an Acquiring Person and before July 6, 2010Person. If our Board redeems any Rights, it musts must redeem all of the Rights. Once the Rights are redeemed, the only right of the holders of Rights will be to receive the redemption price of $0.001 per Right. The redemption price will be adjusted if we have a stock split or stock dividends of our common stock.

Preferred Share Provisions. Each one one-thousandth of a Preferred Share, if issued: o Will • will not be redeemable. o Will • will entitle holders to quarterly dividend payments of $0.005 per share0.01, or an amount equal to the dividend paid on one share of common stock, whichever is greater. o Will • will entitle holders upon liquidation either to receive $1.00 per share 0.01 or an amount equal to the payment made on one share of common stock, whichever is greater. o Will • will have no the same voting rights except in limited circumstancespower as one share of common stock. o If • 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-thousandth interest in a Preferred Share should approximate the value of one share of common stock. Expiration. The Rights will expire on July 6August 30, 20102019. Redemption. Our Board may redeem the Rights for $0.001 per Right at any time before a any person or group becomes an Acquiring Person and before July 6, 2010Person. If our Board redeems any Rights, it musts must redeem all of the Rights. Once the Rights are redeemed, the only right of the holders of Rights will be to receive the redemption price of $0.001 per Right. The redemption price will be adjusted if we have a stock split or stock dividends of our common stock.

Preferred Share Provisions. Each one one-thousandth of a Preferred Share, if issued: o Will · will not be redeemable. o Will · will entitle holders to quarterly dividend payments of $0.005 0.001 per share, or an amount equal to the dividend paid on one share of common stock, whichever is greater. o Will · will entitle holders upon liquidation either to receive $1.00 1 per share or an amount equal to the payment made on one share of common stock, whichever is greater. o Will · will have no the same voting rights except in limited circumstancespower as one share of common stock. o If · 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-thousandth interest in a Preferred Share should approximate the value of one share of common stock. Expiration. The Rights will expire on July 6August 1, 20102014. Redemption. Our Board may redeem the Rights for $0.001 per Right at any time before a any person or group becomes an Acquiring Person and before July 6, 2010Person. If our Board redeems any Rights, it musts must redeem all of the Rights. Once the Rights are redeemed, the only right of the holders of Rights will be to receive the redemption price of $0.001 per Right. The redemption price will be adjusted if we have a stock split or stock dividends of our common stock.

Preferred Share Provisions. Each one one-thousandth hundredth of a Preferred Share, if issued: o Will will not be redeemable. o Will will entitle holders to quarterly dividend payments of $0.005 .001 per share, or an amount equal to the dividend paid on one share of common stock, whichever is greater. o Will will entitle holders upon liquidation either to receive $1.00 1 per share or an amount equal to the payment made on one share of common stock, whichever is greater. o Will will have no the same voting rights except in limited circumstancespower as one share of common stock. o If 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-thousandth hundredth interest in a Preferred Share should approximate the value of one share of common stock. Expiration. The Rights will expire on July 6November 26, 20102018. Redemption. Our Board may redeem the Rights for $0.001 .001 per Right at any time before a any person or group becomes an Acquiring Person and before July 6, 2010Person. If our Board redeems any Rights, it musts must redeem all of the Rights. Once the Rights are redeemed, the only right of the holders of Rights will be to receive the redemption price of $0.001 .001 per Right. The redemption price will be adjusted if we have a stock split or stock dividends of our common stock.

Preferred Share Provisions. Each one one-thousandth of a Preferred Share, if issued: o Will · will not be redeemable. o Will · will entitle holders to quarterly dividend payments of $0.005 per share.00001, or an amount equal to the dividend paid on one share of common stock, whichever is greater. o Will · will entitle holders upon liquidation either to receive $1.00 per share 1 or an amount equal to the payment made on one share of common stock, whichever is greater. o Will · will have no the same voting rights except in limited circumstancespower as one share of common stock. o If · 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-thousandth interest in a Preferred Share should approximate the value of one share of common stock. Expiration. The Rights will expire on July 6September 13, 20102022. Redemption. Our Board may redeem the Rights for $0.001 per Right at any time before a any person or group becomes an Acquiring Person and before July 6, 2010Person. If our Board redeems any Rights, it musts must redeem all of the Rights. Once the Rights are redeemed, the only right of the holders of Rights will be to receive the redemption price of $0.001 per Right. The redemption price will be adjusted if we have a stock split or stock dividends of our common stock.

Preferred Share Provisions. Each one one-thousandth of a Preferred Share, if issued: o Will • will not be redeemable. o Will • will entitle holders to quarterly dividend payments of $0.005 per share.001, or an amount equal to the dividend paid on one share of common stock, whichever is greater. o Will • will entitle holders upon liquidation either to receive $1.00 per share or an amount equal to the payment made on one share of common stock, whichever is greater. o Will • will have no the same voting rights except in limited circumstancespower as one share of common stock. o If • 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-thousandth interest in a Preferred Share should approximate the value of one share of common stock. Expiration. The Rights will expire on July 6August 31, 20102018. Redemption. Our Board may redeem the Rights for $0.001 per Right at any time before a any person or group becomes an Acquiring Person and before July 6, 2010Person. If our Board redeems any Rights, it musts must redeem all of the Rights. Once the Rights are redeemed, the only right of the holders of Rights will be to receive the redemption price of $0.001 per Right. The redemption price will be adjusted if we have a stock split or stock dividends of our common stock.

Preferred Share Provisions. Each one one-thousandth of a Preferred Share, if issued: o Will · will not be redeemable. o Will · will entitle holders to quarterly dividend payments of $0.005 .001 per share, or an amount equal to the dividend paid on one share of common stock, whichever is greater. o Will · will entitle holders upon liquidation either to receive $1.00 1 per share or an amount equal to the payment made on one share of common stock, whichever is greater. o Will · will have no the same voting rights except in limited circumstancespower as one share of common stock. o If · 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-thousandth interest in a Preferred Share should approximate the value of one share of common stock. Expiration. The Rights will expire on July 6August 11, 20102011. Redemption. Our Board may redeem the Rights for $0.001 .001 per Right at any time before a any person or group becomes an Acquiring Person and before July 6, 2010Person. If our Board redeems any Rights, it musts must redeem all of the Rights. Once the Rights are redeemed, the only right of the holders of Rights will be to receive the redemption price of $0.001 .001 per Right. The redemption price will be adjusted if we have a stock split or stock dividends of our common stock.

Preferred Share Provisions. Each one one-thousandth hundredth of a Preferred Share, if issued: o Will - will not be redeemable. o Will - will entitle holders to quarterly dividend payments of $0.005 .01 per share, or an amount equal to the dividend paid on one share of common stock, whichever is greater. o Will - will entitle holders upon liquidation either to receive $1.00 1 per share or an amount equal to the payment made on one share of common stock, whichever is greater. o Will - will have no the same voting rights except in limited circumstancespower as one share of common stock. o If - 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-thousandth hundredth interest in a Preferred Share should approximate the value of one share of common stock. Expiration. The Rights will expire on July 6November 9, 2010. Redemption. Our Board may redeem the Rights for $0.001 .001 per Right at any time before a any person or group becomes an Acquiring Person and before July 6, 2010Person. If our Board redeems any Rights, it musts must redeem all of the Rights. Once the Rights are redeemed, the only right of the holders of Rights will be to receive the redemption price of $0.001 .001 per Right. The redemption price will be adjusted if we have a stock split or stock dividends of our common stock.