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C » Topics » Section 5. Reacquired Shares

This excerpt taken from the C 10-Q filed Nov 6, 2009.
Section 5. Reacquired Shares.

 

Any shares of Series R Preferred Stock purchased or otherwise acquired by the Corporation in any manner whatsoever shall be retired promptly after the acquisition thereof.  All such shares shall upon their retirement become authorized but unissued shares of Preferred Stock without designation as to series and may be reissued as part of a new series of Preferred Stock to be created by the Board of

 

Exhibit IV - 4


 

Directors as permitted by the certificate of incorporation of the Corporation or as otherwise permitted under Delaware law.

 

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