Additional Dividends. Any dividends paid in addition to the preferential dividends of the Series A Holders shall be paid ratably to the holders of record of Common Stock (the "Common Holders") and to the Series A Holders in proportion to the number of shares of Series A Stock held by the Series A Holders on an as converted basis pursuant to the Corporation's Articles of Incorporation and this Resolution.
Appears in 2 contracts
Sources: Stock Purchase and Sale Agreement (Timberline Resources Corp), Stock Purchase and Sale Agreement (Timberline Resources Corp)