SECTION 382 RIGHTS AGREEMENT by and between SCHMITT INDUSTRIES, INC. and BROADRIDGE CORPORATE ISSUER SOLUTIONS, INC., as Rights Agent Dated as of July 1, 2019Section 382 Rights Agreement • July 2nd, 2019 • Schmitt Industries Inc • Industrial instruments for measurement, display, and control • Oregon
WHEREAS, the Company and certain of its Subsidiaries (as hereinafter defined) have generated net operating losses for United States federal income tax purposes (“NOLs”);
