Common use of Stock Dividend to Xxxxxxx International Share Owners Clause in Contracts

Stock Dividend to Xxxxxxx International Share Owners. On the Distribution Date, Xxxxxxx International shall cause the Distribution Agent to distribute all of the outstanding shares of Xxxxxxx Electronics Common Shares to Share Owners on the Record Date, and to credit the appropriate number of such shares of Xxxxxxx Electronics Common Shares to book entry accounts for each such holder or designated transferee or transferees of such holder of Xxxxxxx Electronics Common Shares. Each holder of Xxxxxxx International Common Shares on the Record Date (or such holder’s designated transferee or transferees) shall be entitled to receive in the Distribution three shares of Xxxxxxx Electronics Common Shares for every four shares of Xxxxxxx International Common Shares held by such Share Owner. For the avoidance of doubt, following the Stock Unification (as defined in Section 4.4(i) below) there shall be no distinctions made between shares of Xxxxxxx International Class A common stock and Class B common stock and each such share, whether Class A common stock or Class B common stock, shall receive the same amount of Xxxxxxx Electronics Common Shares in the Distribution. No action by any such Share Owner shall be necessary for such Share Owner (or such Share Owner’s designated transferee or transferees) to receive in the Distribution the applicable number of shares (and, if applicable, cash in lieu of any fractional shares) of Xxxxxxx Electronics Common Shares such Share Owner is entitled.