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C » Topics » Section 7. Consolidation, Merger, etc.

This excerpt taken from the C 10-Q filed Nov 6, 2009.

Section 7. Consolidation, Merger, etc.

 

If the Corporation shall enter into any consolidation, merger, combination or other transaction in which the shares of Common Stock are exchanged for or changed into other stock or securities, cash or any other property, then in any such case the shares of Series R Preferred Stock shall at the same time be similarly exchanged for or changed into an amount per share equal to (x) the Multiplier Number times (y) the aggregate amount of stock, securities, cash or any other property, as the case may be, into which or for which each share of Common Stock is changed or exchanged.

 

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