Enom 2010 Annual Report Download - page 152

B. Preferred Stock. Shares of preferred stock may be issued in one or more series, from time to time, with each such
series to consist of such number of shares and to have such voting powers, full or limited, or no voting powers, and such designations,
preferences and relative, participating, optional or other special rights, and the qualifications, limitations or restrictions thereof, as
shall be stated in the resolution or resolutions providing for the issuance of such series adopted by the Board of Directors of the
Corporation, and the Board of Directors is hereby expressly vested with the authority, to the full extent now or hereafter provided by
law, to adopt any such resolution or resolutions. The authority of the Board of Directors with respect to each series of preferred stock
shall include, but not be limited to, determination of the following:
(1) The number of shares constituting that series and the distinctive designation of that series;
(2) The dividend rate or rates on the shares of that series, the terms and conditions upon which and the periods
in respect of which dividends shall be payable, whether dividends shall be cumulative, and, if so, from which date or dates, and the
relative rights of priority, if any, of payment of dividends on shares of that series;
(3) Whether that series shall have voting rights, in addition to the voting rights provided by law, and, if so, the
terms of such voting rights;
(4) Whether that series shall have conversion privileges, and, if so, the terms and conditions of such
conversion, including provision for adjustment of the conversion rate in such events as the Board of Directors shall determine;
(5) Whether or not the shares of that series shall be redeemable, and, if so, the terms and conditions of such
redemption, including the date or dates upon or after which they shall be redeemable, and the amount per share payable in the event of
redemption, which amount may vary under different conditions and at different redemption dates;
(6) Whether that series shall have a sinking fund for the redemption or purchase of shares of that series, and, if
so, the terms and amount of such sinking fund;
(7) The rights of the shares of that series in the event of voluntary or involuntary liquidation, distribution of
assets, dissolution or winding up of the corporation, and the relative rights of priority, if any, of payment of shares of that series; and
(8) Any other relative rights, powers, and preferences, and the qualifications, limitations and restrictions
thereof, of that series.
C. The Common Stock shall have the rights, powers, qualifications and limitations, as hereinafter set forth in this
Article IV.
(1) Subject to the preferences applicable to any series of Preferred Stock outstanding at any time, the holders of
shares of Common Stock shall be entitled to receive such dividends and other distributions in cash, property or shares of stock of the
Corporation as may be declared thereon by the Board of Directors from time to time out of assets or funds of the Corporation legally
available therefor.
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