Common use of Preferred Share Provisions Clause in Contracts

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 $.01 per share, or an amount equal to the dividend paid on one share of common stock, whichever is greater.

Preferred Share Provisions. Each one one-hundredth one‑thousandth of a Preferred Share, if issued: o will not be redeemable. o ; ● will entitle holders to quarterly dividend payments of $.01 0.001 per share, or an amount equal to the dividend paid on one share of common stock, whichever is greater.;

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 $.01 per one-hundredth of a share, or an amount equal to the dividend paid on one share of common stock, whichever is greater.