Incredimail 2013 Annual Report Download - page 143

5. Allotment of Shares
Subject to the Law and the Articles and to the terms of any resolution creating new shares, (a) the unissued shares from time to time
shall be under the control of the Board, which may allot the same to such persons, against cash, or for such other consideration that is
not cash, with such restrictions and conditions, in excess of their nominal value, at their nominal value, or at a discount to their nominal
value and/or with payment of commission, and at such times as the Board shall deem appropriate and (b) the Board shall have the
power to cause the Company to grant to any person the option to acquire from the Company any unissued shares, in each case on such
terms as the Board shall deem appropriate.
The Company shall not issue bearer shares or exchange a share certificate for a bearer share certificate.
Subject to the Law and the Articles, and without prejudice to any special rights previously conferred upon the holders of any existing
shares or class of shares, the Company may, by resolution of the Shareholders, from time to time, create shares with such preferential,
deferred, qualified or other special rights, privileges, restrictions or conditions, whether in regard to dividends, voting, return of capital
of otherwise as may be stipulated in the resolution or other instrument authorizing such new shares.
With regard to its capital the Company may:
6.
Bearer Shares
7.
Special Rights
8.
Consolidation and Subdivision; Fractional Shares
8.1.
From time to time, by resolution of the Shareholders, subject to the Articles and the Law:
8.1.1.
Consolidate all or any of its issued or unissued share capital into shares bearing a per share nominal value that is
larger than the per share nominal value of its existing shares;
8.1.2.
Cancel any shares that at the date of the adoption of such resolution have not been acquired or agreed to be
acquired by any person, and reduce the amount of its share capital by the amount of the shares so cancelled;
8.1.3.
Subdivide its shares (issued or unissued) or any of them, into shares of smaller per share nominal value than is
fixed by these Articles. The resolution pursuant to which any share is subdivided may determine that, as among
the holders of the shares resulting from such subdivision, one or more of such shares may, as compared with the
others, have special rights, or be subject to any such restrictions, as the Company has power to attach to
unissued or new shares;
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