Common use of Subscription Rights Clause in Contracts

Subscription Rights. In case any stock or other securities of the Company are offered for subscription to the holders of Shares deposited hereunder, the Voting Trustees, promptly upon receipt of notice of such offer, shall mail a copy thereof to each of the holders of the Voting Trust Certificates. If the subscription offer does not consist of stock having voting powers, the holders of Voting Trust Certificates shall be entitled to subscribe directly in proportion to their interests, as shown by the transfer books of the Voting Trustees, and the Voting Trustees shall take such actions as shall be requested by such holders in order to facilitate such subscription. If the subscription offer consists of stock having voting powers, then upon receipt by the Voting Trustees on or before the last day fixed by the Company for subscription and payment of a request from any such holder of a Voting Trust Certificate to subscribe for shares of such stock on its behalf, accompanied by the sum of money required to pay for such stock, the Voting Trustees shall make such subscription and payment. Upon receiving from the Company the certificates for stock so subscribed for, the Voting Trustees shall issue to such holder a Voting Trust Certificate in respect thereof.

Subscription Rights. In case any stock or other securities of the Company are offered for subscription to the holders Voting Trustee in its capacity as holder of Shares deposited hereunderDeposited Securities, including, without limitation, pursuant to the terms of the Rights Offering contemplated by the Investment Agreement, the Voting TrusteesTrustee, promptly upon receipt of notice of such offer, shall mail a copy thereof to each of the holders of the Voting Trust Certificates. If the subscription offer does not consist of stock securities having voting powers, the holders of Voting Trust Certificates shall be entitled to subscribe directly in proportion to their respective interests, as shown by the transfer books of the Voting Trustees, and the Voting Trustees Trustee shall take such actions as shall be requested by such holders in order to facilitate such subscription. If the subscription offer consists of stock securities having voting powers, then upon receipt by the Voting Trustees Trustee on or before the last day fixed by the Company for subscription and payment of a request from any such holder of a Voting Trust Certificate to subscribe for shares of such stock securities on its behalf, accompanied by the sum of money required to pay for such stocksecurities, the Voting Trustees Trustee shall make such subscription and paymentpayment subject to the terms and conditions set forth in the Investment Agreement. Upon receiving from the Company the certificates for stock securities so subscribed for, the Voting Trustees Trustee shall issue to such holder a Voting Trust Certificate in respect thereof.

Subscription Rights. In case any stock or other securities of the Company are offered for subscription to the holders of Shares capital stock of the Company deposited hereunder, the Voting TrusteesTrustee, promptly upon receipt of notice of such offer, shall mail a copy thereof to each of the holders of the Voting Trust Certificates. If the subscription offer does not consist of stock having voting powers, the holders of Voting Trust Certificates shall be entitled to subscribe directly in proportion to their interests, as shown by the transfer books of the Voting Trustees, and the Voting Trustees shall take such actions as shall be requested by such holders in order to facilitate such subscription. If the subscription offer consists of stock having voting powers, then upon Upon receipt by the Voting Trustees on or before Trustee, at least five (5) days prior to the last day fixed by the Company for subscription and payment payment, of a request from any such registered holder of a Voting Trust Certificate to subscribe for shares of such stock on its in his behalf, accompanied by with the sum of money required to pay for such stockstock or securities (not in excess of the amount subject to subscription in respect of the shares represented by the Voting Trust Certificate held by such certificate holder), the Voting Trustees Trustee shall make such subscription and payment. Upon , and upon receiving from the Company the certificates for stock shares or securities so subscribed for, the Voting Trustees shall issue to such holder a Voting Trust Certificate in respect thereofthereof if the same be stock having general voting powers, but if the same be securities other than stock having general voting powers, the Voting Trustee shall mail or deliver such securities to the certificate holder in whose behalf the subscription was made, or may instruct the Company to make delivery directly to the certificate holder entitled thereto.

Subscription Rights. In case any stock or other securities of the Company are offered for subscription to the holders of Shares capital stock of the Company deposited hereunder, the Voting TrusteesTrustee, promptly upon receipt of notice of such offer, shall mail a copy thereof to each of the holders of the Voting Trust Certificatesvoting trust certificates. If the subscription offer does not consist of stock having voting powers, the holders of Voting Trust Certificates shall be entitled to subscribe directly in proportion to their interests, as shown by the transfer books of the Voting Trustees, and the Voting Trustees shall take such actions as shall be requested by such holders in order to facilitate such subscription. If the subscription offer consists of stock having voting powers, then upon Upon receipt by the Voting Trustees on or before Trustee at least five days prior to the last day fixed by the Company for subscription and payment payment, of a request from any such registered holder of a Voting Trust Certificate voting trust certificates to subscribe for shares of such stock on its in his or her behalf, accompanied by with the sum of money required to pay for such stockstock or securities (not in excess of the amount subject to subscription in respect of the shares represented by the voting trust certificate held by such certificate holder), the Voting Trustees Trustee shall make such subscription and payment. Upon , and upon receiving from the Company the certificates for stock shares or securities so subscribed for, the Voting Trustees shall issue to such holder a Voting Trust Certificate voting trust certificate in respect thereofthereof if the same be stock having general voting powers or convertible into stock having general voting powers, but if the same be securities other than stock having general voting powers or convertible into stock having general voting powers, the Trustee shall mail or deliver such securities to the certificate holder in whose behalf the subscription was made, or may instruct the Company to make delivery directly to the certificate holder entitled thereto.

Subscription Rights. In case any stock or other securities of the Company are offered for subscription to the holders of Shares deposited hereunder, the Voting Trustees, promptly upon receipt of notice of such offer, shall mail a copy thereof to each of the holders of the Voting Trust Certificates. If the subscription offer does not consist of stock having voting powers, the holders of Voting Trust Certificates shall be entitled to subscribe directly in proportion to their interests, as shown by the transfer books of the Voting Trustees, and the Voting Trustees shall take such actions as shall be requested by such holders in order to facilitate such subscription. If the subscription offer consists of stock having voting powers, then upon receipt by the Voting Trustees on or before the last day fixed by the Company for subscription and payment of a request from any such holder of a Voting Trust Certificate to subscribe for shares of such stock on its behalf, accompanied by the sum of money required to pay for such stock, the Voting Trustees shall make such subscription and payment. Upon receiving from the Company the certificates for stock so subscribed for, the Voting Trustees shall shal1 issue to such holder a Voting Trust Certificate in respect thereof.

Subscription Rights. In case the Company shall at any time issue any stock or other securities of the Company are offered for subscription to the holders of Shares deposited hereunder, the Voting Trustees, promptly upon receipt of notice of such offer, shall mail a copy thereof to each of which the holders of the Voting Trust Certificates. If voting stock of the subscription offer does not consist of stock having voting powers, the holders of Voting Trust Certificates Company shall be entitled to subscribe, by way of preemptive right or otherwise, the Voting Trustee shall promptly give notice of such right to subscribe directly and of the terms hereof, to the Stockholder at his address registered with the Voting Trustee; and the Stockholder upon providing the Voting Trustee with funds in proportion the requisite amount, shall have the right, pro rata, subject to their interests, such reasonable regulations as shown may be prescribed by the transfer books Voting Trustee, to instruct the Voting Trustee to subscribe for such stock or other securities, or any part thereof, upon such terms as the Voting Trustee may prescribe; and to the extent that the Stockholder shall fail to exercise such rights the Voting Trustee shall be entitled, in his absolute discretion, to permit such right to subscribe to lapse. Upon receiving proper instructions in writing, the Voting Trustee shall subscribe for such stock or other securities (but only out of funds provided by the Stockholder for the purpose) and shall distribute the same to the Stockholder, except that voting stock of the Company when so subscribed for and received by the Voting TrusteesTrustee shall not be distributed but shall be held hereunder, subject to all provisions hereof, and the Voting Trustees Trustee shall take such actions as shall be requested by such holders issue new or additional Trust Certificates in order to facilitate such subscription. If the subscription offer consists of stock having voting powers, then upon receipt by the Voting Trustees on or before the last day fixed by the Company for subscription and payment of a request from any such holder of a Voting Trust Certificate to subscribe for shares respect of such stock on its behalf, accompanied by shares to the sum of money required to pay for such stock, the Voting Trustees shall make such subscription and payment. Upon receiving from the Company the certificates for stock so subscribed for, the Voting Trustees shall issue to such holder a Voting Trust Certificate in respect thereofStockholder.

Subscription Rights. In case any stock or other securities of the Company are offered for subscription to the holders Voting Trustee in its capacity as holder of Shares deposited hereunderDeposited Securities, including, without limitation, pursuant to the terms of the Rights Offering contemplated by the Investment Agreement, the Voting TrusteesTrustee, promptly upon receipt of notice of such offer, shall mail a copy thereof to each of the holders of the Voting Trust Certificates. If the subscription offer does not consist of stock securities having voting powers, the holders of Voting Trust Certificates shall be entitled to subscribe directly in proportion to their respective interests, as shown by the transfer books of the Voting Trustees, and the Voting Trustees Trustee shall take such actions as shall be requested by such holders in order to facilitate such subscription. If the subscription offer consists of stock securities having voting powers, then upon receipt by the Voting Trustees Trustee on or before the last day fixed by the Company for subscription and payment of a request from any such holder of a Voting Trust Certificate to subscribe for shares of such stock securities on its behalf, accompanied by the sum of money required to pay for such stocksecurities, the Voting Trustees Trustee shall make such subscription and paymentpayment subject to the terms and conditions set forth in the Investment Agreement. Upon receiving from the Company the certificates for stock securities so subscribed for, the Voting Trustees Trustee shall deposit the certificates with the Custodian and issue to such holder a Voting Trust Certificate in respect thereof.

Subscription Rights. In case any stock or other securities of the Company are arc offered for subscription to the holders of Shares deposited hereunder, the Voting Trustees, promptly upon receipt of notice of such offer, shall mail a copy thereof to each of the holders of the Voting Trust Certificates. If the subscription offer does not consist of stock having voting powers, the holders of Voting Trust Certificates shall be entitled to subscribe directly in proportion to their interests, as shown by the transfer books of the Voting Trustees, and the Voting Trustees shall take such actions as shall be requested by such holders in order to facilitate such subscription. If the subscription offer consists of stock having voting powers, then upon receipt by the Voting Trustees on or before the last day fixed by the Company for subscription and payment of a request from any such holder of a Voting Trust Certificate to subscribe for shares of such stock on its behalf, accompanied by the sum of money required to pay for such stock, the Voting Trustees shall make such subscription and payment. Upon receiving from the Company the certificates for stock so subscribed for, the Voting Trustees shall issue to such holder a Voting Trust Certificate in respect thereof.