Common use of Procedures for Redemption Clause in Contracts

Procedures for Redemption. (A) At least thirty (30) days and not more than sixty (60) days prior to the date fixed for any redemption of the Junior Preferred Stock, written notice (the “Redemption Notice”) shall be given by first class mail, postage prepaid, to each Holder of record on the record date fixed for such redemption of the Junior Preferred Stock at such Holder’s address as it appears on the stock books of the Corporation, PROVIDED that no failure to give such notice nor any deficiency therein shall affect the validity of the procedure for the redemption of any shares of Junior Preferred Stock to be redeemed except as to the Holder or Holders to whom the Corporation has failed to give said notice or to whom such notice was defective. The Redemption Notice shall state:

Procedures for Redemption. (A) At least thirty (30) days and not more than sixty (60) days prior to the date fixed for any redemption of the Junior Convertible Preferred Stock, written notice (the “Redemption Notice”) shall be given by first class mail, postage prepaid, to each Holder of record on the record date fixed for such redemption of the Junior Convertible Preferred Stock at such Holder’s address as it appears on the stock books of the Corporation, PROVIDED provided that no failure to give such notice nor any deficiency therein shall affect the validity of the procedure for the redemption of any shares of Junior Convertible Preferred Stock to be redeemed except as to the Holder or Holders to whom the Corporation has failed to give said notice or to whom such notice was defective. The Redemption Notice shall state:

Procedures for Redemption. (Ai) At least thirty (30) 15 days and not more than sixty (60) 60 days prior to the date fixed for any redemption of the Junior Senior Preferred Stock, written notice (the “Redemption Notice”) shall be given by first first-class mail, postage prepaid, to each Holder of record on the record date fixed for such redemption of the Junior Senior Preferred Stock at such Holder’s address as it appears on in the stock books of register maintained by the Corporationtransfer agent for the Senior Preferred Stock, PROVIDED provided that no failure to give such notice nor any deficiency therein shall affect the validity of the procedure for the redemption of any shares of Junior Senior Preferred Stock to be redeemed except as to the Holder or Holders to whom the Corporation has failed to give said notice or except as to whom such the Holder or Holders whose notice was defective. The Redemption Notice shall state: