Common use of Dividends and Distribution Clause in Contracts

Dividends and Distribution. (A) Subject to the prior and superior rights of the holders of any shares of any class or series of stock of the Company ranking prior and superior to the Series A First Preference Shares with respect to dividends, the holders of Series A First Preference Shares, in preference to the holders of shares of any class or series of stock of the Company ranking junior to the Series A First Preference Shares in respect thereof, shall be entitled to receive, when, as and if declared by the Board of Directors out of funds legally available for the purpose, quarterly dividends payable in cash on the last day of March, June, September and December, in each year (each such date being referred to herein as a "Quarterly Dividend Payment Date"), commencing on the first Quarterly Dividend Payment Date after the first issuance of a Series A First Preference Share or fraction of a Series A First Preference Share, in an amount per share (rounded to the nearest cent) equal to the greater of (a) $10.00 or (b) the Adjustment Number (as defined below) times the aggregate per share amount of all cash dividends, and the Adjustment Number times the aggregate per share amount (payable in kind) of all non-cash dividends or other distributions other than a dividend payable in Common Shares or a subdivision of the outstanding Common Shares (by reclassification or otherwise), declared on the Common Shares, par value $.10 per share, of the Company (the "Common Shares") since the immediately preceding Quarterly Dividend Payment Date, or, with respect to the first Quarterly Dividend Payment Date, since the first issuance of any Series A First Preference Share or fraction of a Series A First

Dividends and Distribution. (A) Subject to the prior and superior rights of the holders of any shares of any class or series of stock of the Company Corporation ranking prior and superior to the shares of Series A First Preference Shares Preferred Stock with respect to dividends, the holders of shares of Series A First Preference SharesPreferred Stock, in preference to the holders of shares of any class or series of stock of the Company Corporation ranking junior to the Series A First Preference Shares Preferred Stock in respect thereof, shall be entitled to receive, when, as and if declared by the Board of Directors out of funds legally available for the purpose, quarterly dividends payable in cash on the last 10th day of MarchJanuary, JuneApril, September July and December, October in each year (each such date being referred to herein as a "Quarterly Dividend Payment Date"), commencing on the first Quarterly Dividend Payment Date after the first issuance of a Series A First Preference Share share or fraction of a share of Series A First Preference SharePreferred Stock, in an amount per share (rounded to the nearest cent) equal to the greater of (a) $10.00 or (b) the Adjustment Number (as defined below) times the aggregate per share amount of all cash dividends, and the Adjustment Number times the aggregate per share amount (payable in kind) of all non-cash dividends or other distributions other than a dividend payable in shares of Common Shares Stock or a subdivision of the outstanding shares of Common Shares Stock (by reclassification or otherwise), declared on the Common SharesStock, par value $.10 .001 per share, of the Company Corporation (the "Common SharesStock") since the immediately preceding Quarterly Dividend Payment Date, or, with respect to the first Quarterly Dividend Payment Date, since the first issuance of any Series A First Preference Share share or fraction of a share of Series A FirstPreferred Stock. The "

Dividends and Distribution. (A) Subject to the prior and superior rights of the holders of any shares of any class or series of stock of the Company Preferred Stock ranking prior and superior to the shares of Series A First Preference Shares Junior Participating Preferred Stock with respect to dividends, the holders of shares of Series A First Preference SharesJunior Participating Preferred Stock, in preference to the holders of shares of any class or series of stock of the Company Corporation ranking junior to the Series A First Preference Shares in respect thereofJunior Participating Preferred Stock, shall be entitled to receive, when, as and if declared by the Board of Directors out of funds legally available for the purpose, quarterly dividends payable in cash on the last first day of MarchMay, JuneAugust, September November and December, February in each year (each such date being referred to herein as a "Quarterly Dividend Payment Date"), commencing on the first Quarterly Dividend Payment Date after the first issuance of a Series A First Preference Share share or fraction of a share of Series A First Preference ShareJunior Participating Preferred Stock, in an amount per share (rounded to the nearest cent) equal to the greater of (a) $10.00 1.00 or (b) the Adjustment Number (as defined below) times the aggregate per share amount of all cash dividends, and the Adjustment Number times the aggregate per share amount (payable in kind) of all non-cash dividends or other distributions other than a dividend payable in shares of Common Shares Stock or a subdivision of the outstanding shares of Common Shares Stock (by reclassification or otherwise), declared on the Common SharesStock, par value $.10 1.00 per share, of the Company Corporation (the "Common SharesStock") since the immediately preceding Quarterly Dividend Payment Date, or, with respect to the first Quarterly Dividend Payment Date, since the first issuance of any Series A First Preference Share share or fraction of a share of Series A FirstJunior Participating Preferred Stock. The "

Dividends and Distribution. (A) Subject to the prior and superior rights of the holders of any shares of any class or series of stock of the Company Preferred Stock ranking prior and superior to the shares of Series A First Preference Shares Junior Participating Preferred Stock with respect to dividends, the holders of record of shares of Series A First Preference SharesJunior Participating Preferred Stock as of the close of business on the last Business Day of December, March, June and September in each year, in preference to the holders of shares of any class or series of stock of the Company Corporation ranking junior to the Series A First Preference Shares in respect thereofJunior Participating Preferred Stock, shall be entitled to receive, when, as and if declared by the Board of Directors out of funds legally available for the purpose, quarterly dividends payable in cash on the last day Business Day of MarchJanuary, JuneApril, September July and December, October in each year (each such date being referred to herein as a "Quarterly Dividend Payment Date"), commencing on the first Quarterly Dividend Payment Date after the first issuance of a Series A First Preference Share share or fraction of a share of Series A First Preference ShareJunior Participating Preferred Stock, in an amount per share (rounded to the nearest cent) equal to the greater of (a) $10.00 100 or (b) the Adjustment Number (as defined below) times the aggregate per share amount of all cash dividends, and the Adjustment Number times the aggregate per share amount (payable in kind) of all non-cash dividends or other distributions other than a dividend payable in shares of Common Shares Stock or a subdivision of the outstanding shares of Common Shares Stock (by reclassification or otherwise), declared on the Common SharesStock, par value $.10 1.25 per share, of the Company Corporation (the "Common SharesStock") since the immediately preceding Quarterly Dividend Payment Date, or, with respect to the first Quarterly Dividend Payment Date, since the first issuance of any Series A First Preference Share share or fraction of a share of Series A FirstJunior Participating Preferred Stock. The "

Dividends and Distribution. (A) Subject to the prior and superior rights of the holders of any shares of any class or series of stock of the Company Preferred Stock ranking prior and superior to the shares of Series A First Preference Shares C Participating Preferred Stock with respect to dividends, the holders of Series A First Preference Shares, in preference to the holders of shares of any class or series of stock of the Company ranking junior to the Series A First Preference Shares in respect thereof, C Participating Preferred Stock shall be entitled to receive, when, as and if declared by the Board of Directors out of funds legally available for the purpose, quarterly dividends payable in cash on the last day of March, June, September September, and December, December in each year (each such date being referred to herein as a "Quarterly Dividend Payment Date"), commencing on the first Quarterly Dividend Payment Date after the first issuance of a Series A First Preference Share share or fraction of a share of Series A First Preference ShareC Participating Preferred Stock, in an amount per share (rounded to the nearest cent) equal to the greater of (a) $10.00 3.125 or (b) subject to the Adjustment Number (as defined below) provisions for adjustment hereinafter set forth, 100 times the aggregate per share amount of all cash dividends, and the Adjustment Number 100 times the aggregate per share amount (payable in kind) of all non-cash dividends or other distributions other than a dividend payable in shares of Common Shares Stock or a subdivision of the outstanding shares of Common Shares Stock (by reclassification or otherwise), declared on the Common SharesStock, par value 74 $.10 1.00 per share, of the Company Corporation, (the "Common SharesStock") since the immediately preceding Quarterly Dividend Payment Date, or, or with respect to the first Quarterly Dividend Payment Date, since the first issuance of any Series A First Preference Share share or fraction of a share of Series A FirstC Participating Preferred Stock. In the event the Corporation shall at any time after February 19, 1998 (the "Rights Declaration Date") (i) declare any dividend on Common Stock payable in shares of Common Stock, (ii) subdivide the outstanding Common Stock, or (iii) combine the outstanding Common Stock into a smaller number of shares, then in each such case the amount to which holders of shares of Series C Participating Preferred Stock were entitled immediately prior to such event under clause (b) of the preceding sentence shall be adjusted by multiplying such amount by a fraction the numerator of which is the number of shares of Common Stock outstanding immediately after such event and the denominator of which is the number of shares of Common Stock that were outstanding immediately prior to such event.