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' 1 <br /> Shares are exchanged or changed into other shares <br /> or securities, cash, or other property, each <br /> Series A Preferred Shares shall in any such case <br /> at the same time be similarly exchanged or changed <br /> in an amount per share (subject to the provision <br /> for adjustment hereinafter set forth) equal to 100 <br /> times the aggregate amount of shares, securities, <br /> gash or other property (payable in kind) , as the <br /> case may be, into which or for which each Common <br /> Share is changed or exchanged. In the event the <br /> Company at any time after the Rights Declaration <br /> IDate (i) declares any dividend on Common Shares <br /> payable in Common Shares, (ii) subdivides the <br /> outstanding Common Shares, or (iii) combines the <br /> outstanding Common Shares into a smaller number of <br /> :shares, the amount set forth in the preceding <br /> :sentence with respect to the exchange or change of <br /> Series A Preferred Shares shall in each such case <br /> be adjusted by multiplying such amount by a <br /> E.raction the numerator of which is the number of <br /> Common Shares outstanding immediately after such <br /> Event and the denominator of which is the number <br /> 8f Common Shares outstanding immediately prior to <br /> such event. <br /> i <br /> F. Redemption. The outstanding Series A Preferred <br /> Shares shall not be redeemable <br /> G. Condition to Issuance of Any Other Series . The <br /> Amended Articles of Incorporation of the Company <br /> shall not be further amended to provide for the <br /> issuance of any other series of Preferred Shares <br /> without the affirmative vote of the holders of at <br /> haast two-thirds of the outstanding Series A <br /> P_Ceferred Shares, voting separately as a class . <br /> Section 7. Serial Preferred Shares . There is hereby <br /> established from, among the Preferred Shares authorized above a <br /> series of Prefered Shares . The following provisions shall be <br /> applicable to the: Serial Preferred Shares : <br /> A. Designation. The shares of such series are <br /> dE!signated as ° Series B Preferred Shares -without <br /> parr value" ("the Series B Preferred Shares") <br /> B. Authorized Number of Shares. The authorized <br /> • number of Series B Preferred Shares .is 5, 000 . <br /> C <br /> -7- <br />