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 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 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 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.

Subscription Rights. In case If any stock or other securities of the Company are offered for subscription to all of the holders of Shares deposited any class of the Company's captial stock depostied hereunder, the Voting TrusteesTrustees promptly, promptly upon receipt of notice of such offer, shall mail a copy thereof to each registered holder of the holders outstanding voting trust certificates representing such class of the Voting Trust Certificatescapital stock. 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 Trustees, at least five days prior to the last day fixed by the Company for subscription and payment payment, of a request from for any such registered holder of a Voting Trust Certificate voting trust certificates to subscribe for such shares on behalf of such stock on its behalfregistered holder, accompanied by the sum of money required to pay for such stockstock or other securities, the Voting Trustees shall make such subscription and payment. Upon receiving , and upon receipt from the Company of the certificates for stock shares or other securities so subscribed for, the Voting Trustees shall issue to such registered holder a Voting Trust Certificate voting trust certificate representing such shares if the same be stock of the Company having voting powers, but if the same be shares or other securities other than stock having voting powers, the Trustees shall mail or deliver such securities to the voting trust certificate holder in respect thereofwhose behalf the subscription was made, or may instruct the Company to make delivery directly to the voting trust certificate holder entitled thereto.

Subscription Rights. In case If any stock or other securities of the Company are offered for subscription to all the holders of Shares the Company's capital stock deposited hereunder, the Voting TrusteesTrustee promptly, promptly upon receipt of notice of such offer, shall mail a copy thereof to each of the registered 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 three days prior to the last day fixed by the Company for subscription and payment (but in no event affording the registered holder of the voting trust certificate less than 10 days to consider such subscription offer), of a request from any such registered holder of a Voting Trust Certificate voting trust certificates to subscribe for shares in his behalf (accompanied when due in accordance with the terms of such stock on its behalf, accompanied the subscription offer by the sum of money required to pay for such stockstock or securities), the Voting Trustees Trustee shall make such subscription and payment. Upon receiving , and upon receipt from the Company of 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 voting powers of any nature, but if the same be securities other than stock having voting powers of any nature, 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.