Incredimail 2014 Annual Report Download - page 99

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PUBLIC COMPANY; LIMITED LIABILITY AND COMPANY OBJECTIVES
CAPITAL
The share capital of the Company shall be NIS 1,200,000, consisting of 120,000,000 ordinary shares, each having a nominal
value of NIS 0.01 (the "Ordinary Shares"), each having a nominal value of NIS 0.01. The powers, preferences, rights,
restrictions, and other matters relating to the Ordinary Shares are as set forth in the Articles. Warrants and options shall not be
considered as shares for purposes of the Articles.
The Ordinary Shares will rank pari passu with one another in all respects. Each Ordinary Share shall confer on the holder
thereof the right to receive dividends in cash, shares or other securities or assets, the right to participate in a distribution of the
Company's assets at the time of its winding-up and the right to receive notices to and to attend and vote (one vote in respect of
each Ordinary Share) in every vote at each general meeting of the Shareholders.
2. The Company is a public company as such term is defined in Section 1 of the Law. The liability of the Company’
s Shareholders is
limited and, accordingly, each Shareholder’s responsibility for the Company’
s obligations shall be limited to the payment of the
nominal value of the shares held by such Shareholder, subject to the provisions of these Articles and the Law.
3.
The Company's objectives are:
3.1.
The development, manufacture and marketing of software;
3.2.
Any other objective as determined by the Board.
4.
Share Capital
-
2
-