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These excerpts taken from the RVBD 8-K filed Apr 30, 2009. Redemption Upon receiving notice from a majority of Preferred Stockholders requesting that shares of Preferred Stock be redeemed, out of funds legally available, the Company will be required to redeem, subject to certain conditions and not less than 60 days following receipt of notice, the maximum percentage of Series A, B, C, and D Preferred Stock, as listed in the following table, at a rate of $1.00, $1.05, $0.22, and $0.22 per share, respectively, plus any dividend declared but unpaid thereon for each holder that requests redemption, subject to any stock dividend, stock split, combination, or other similar recapitalization affecting such shares.
Redemption Upon receiving notice from a majority of Preferred Stockholders requesting that shares of Preferred Stock be redeemed, out of funds legally available, the Company will be required to redeem, subject to certain conditions and not less than 60 days following receipt of notice, the maximum percentage of Series A, B, C, and D Preferred Stock, as listed in the following table, at a rate of $1.00, $1.05, $0.22, and $0.22 per share, respectively, plus any dividend declared but unpaid thereon for each holder that requests redemption, subject to any stock dividend, stock split, combination, or other similar recapitalization affecting such shares.
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