Restriction on Dividends. The Company shall not declare or make any dividend payment or other distribution of assets, properties, cash rights, obligations or securities on account or in respect of any of its shares of Common Stock or any shares of preferred stock other than those which are both (x) required by the Charter, and (y) relate to the Preferred Shares of the Company.
Appears in 4 contracts
Samples: Stockholders' Agreement (Diversa Corp), Stockholders' Agreement (Diversa Corp), Stock Purchase Agreement (Diversa Corp)
