Common use of Common Stock Dividends Clause in Contracts

Common Stock Dividends. Upon any declaration and payment by the Company on or after the Issue Date of a dividend upon Aggregate Common Stock payable in shares of either class of Aggregate Common Stock, then in each case from and after the record date for the payment of such stock dividend, the number of shares of Series B Nonvoting Preferred Stock and Nonvoting Common Stock issuable upon the exchange of Notes shall be increased in proportion to the increase in the number of outstanding shares of Aggregate Common Stock through such stock dividend and the Exchange Price shall be correspondingly decreased.

Common Stock Dividends. Upon any declaration and payment by the Company corporation on or after the Issue Date of a dividend upon Aggregate Common Stock payable in shares of either class of Aggregate Common Stock, then in each case from and after the record date for the payment of such stock dividend, the number of shares of Series B Nonvoting Preferred Voting Common Stock and or Nonvoting Common Stock Stock, as the case may be, issuable upon the exchange conversion of Notes shares of Convertible Preferred Stock shall be increased in proportion to the increase in the number of outstanding shares of Aggregate Common Stock through such stock dividend and the Exchange Conversion Price shall be correspondingly decreased.

Common Stock Dividends. Upon any declaration and payment by the Company on or after the Issue Date of a dividend upon Aggregate Common Stock payable in 28 133 shares of either class of Aggregate Common Stock, then in each case from and after the record date for the payment of such stock dividend, the number of shares of Series B Nonvoting A Voting Preferred Stock and Nonvoting Voting Common Stock issuable upon the exchange of Notes shall be increased in proportion to the increase in the number of outstanding shares of Aggregate Common Stock through such stock dividend and the Exchange Price shall be correspondingly decreased.