Examples of Non-Voting Preferred Stock in a sentence
Notwithstanding subsection (b), any cash dividends with respect to shares of Class 1 Non-Voting Preferred Stock with a dividend record date after the completion of the allocations under Section 5.4 for the year 2000 shall be allocated to the Participants' ESOP Cash Accounts, pro-rata, according to the number of shares of such Preferred Stock held in such Participants' ESOP Stock Accounts on the dividend record date.
As soon as administratively feasible following the allocation of such Class 1 Non-Voting Preferred Stock, such dividends shall be allocated pro rata to the Participants according to the number of such shares of Class 1 Non-Voting Preferred Stock allocated to such Participants.
Notwithstanding subsection (b), any cash dividend paid with respect to shares of Class 1 Non-Voting Preferred Stock with a dividend record date within the period commencing April 1, 2000 and ending when the allocations under Section 5.4 for the year 2000 are completed shall be applied as set forth in this clause (ii).
Any such dividends with respect to shares of Class 1 Non-Voting Preferred Stock for which the allocation under Section 5.4 has been completed as of the dividend record date shall be allocated to the Participants' ESOP Cash Accounts pro rata, according to the number of such shares held in the Participants' ESOP Stock Accounts on the dividend record date.
The links with the S3 will have to be checked at a later stage, once the final version of the S3 is available.