Article Of Inc Provision Senior Preferred Cumulative

PROVISION FOR SENIOR PREFERRED STOCK (PARTICIPATING AND CUMULATIVE)

I. Senior Cumulative Participating Preferred Stock 1. Dividends. 1A. Quarterly Dividends. 1B. Additional Dividends. i.e., 1C. Restrictions on Dividends, Distributions, Redemptions. 2. Liquidation. 3. Redemption. 3A. Redemption Price. 3B. Redeemed or Otherwise Acquired Shares to be Retired. 3C. Shares to be Redeemed. 3D. Mandatory Redemptions. 3D(1) Initial Mandatory Redemptions. 3D(2) Final Mandatory Redemption. 3E. Optional Redemptions.providedprovided, further, 3F. Notice of Redemption. 3G. Dividends after Redemption Date. 4. Voting Rights. 4A. No General Voting Rights.

See Harbor Finance Partners v. Sunshine Mining and Refining Co.

4B. Special Voting Rights. 4C. Divestiture of Voting Rights. 4D.

Meetings of Stockholders.

4D(1) Election and Removal of Directors. 4D(2) Procedure at Meetings.providedprovided further, 5. Preferred Restrictions. 5A. Capital Stock, etc.providedinsert percentage 5B. Dividends. 5C. Business. 5D. Merger and Sale of Assets. provided provided provided 6.

Conversion.

6A.

6B. 6C. 6D. 6E.

See, e.g. Wood v. Coastal States Gas Corp.,