Example ContractsClausespayment of additional dividendsVariants
Remove:

Dividends. The holders of shares of Series A Preferred Stock (each a Holder”) have no dividend rights except as may be declared by the Board in its sole and absolute discretion, out of funds legally available for that purpose.

Section # Dividends. The holders of shares ofthe Series A Preferred Stock (each a Holder”) have no dividend rights except as mayshall not be declared byentitled to receive dividends on the BoardSeries A Preferred Stock or to participate in its sole and absolute discretion, out of funds legally available for that purpose.dividends paid on the Corporation’s Common Stock.

Select clause to view document information.

Draft better contracts
faster with AllDrafts

AllDrafts is a cloud-based editor designed specifically for contracts. With automatic formatting, a massive clause library, smart redaction, and insanely easy templates, it’s a welcome change from Word.

And AllDrafts generates clean Word and PDF files from any draft.