Document:

2010 Stock Option Plan

  
 Exhibit 10.1

 LAW ENFORCEMENT ASSOCIATES CORPORATION 
 2010 STOCK OPTION PLAN 
 1. PURPOSE 

The purpose of the Law Enforcement Associates Corporation 2010 Stock Option Plan (the “Plan”) is to encourage and enable eligible directors,
officers and other full-time employees of the Company and its subsidiaries to acquire proprietary interests in the Company through the ownership of Common Stock of the Company. The Company believes that directors, officers and other full-time
employees who participate in the Plan will have a closer identification with the Company by virtue of their ability as shareholders to participate in the Company’s growth and earnings. The Plan also is designed to assist the Company in
attracting and retaining employees and directors, to align the interests of directors, officers, and other full-time employees with those of the shareholders, and to provide additional incentive for employees to whom stock options are granted to
perform at levels that will enhance the Company’s financial performance and shareholder value. It is the intention of the Company to have the Plan qualify as an “incentive stock option plan” under Section 422 of the Internal
Revenue Code of 1986, as amended (the “Code”) and the regulations promulgated thereunder. Accordingly, the provisions of the Plan shall be construed so as to extend and limit participation in a manner consistent with the requirements of
that section of the Code. 
 2. DEFINITIONS 
 The following words or terms shall have the following meanings: 
 (a)
“Agreement” shall mean a stock option agreement between the Company and an Eligible Employee or Director pursuant to the terms of this Plan. 
 (b) “Average Market Price” shall mean the mean between the high “bid” and low “ask” prices as of the close of business for the Company’s shares of Common Stock in the
over-the-counter market, as reported by the National Association of Securities Dealers, Inc. Automated Quotation System (or other comparable system such as Pink OTC Markets, Inc.). If the Company’s Common Stock is not regularly traded in the
over-the-counter market but is registered on a national securities exchange, “Average Market Price” shall mean the closing price of the Company’s Common Stock on such national securities exchange. If the Company’s Common Stock is
not regularly traded in either the over-the-counter market or on a national securities exchange, “Average Market Price” shall be determined by the Board of Directors, in good faith and at the sole discretion of the Board of Directors.

 (c) “Board of Directors” shall mean the Board of Directors of the Company or the Executive Committee, if any, of
such Board. 
 (d) “Committee” shall mean the Compensation Committee of the Board of Directors. 

(e) “Common Stock” shall mean the common stock of the Company. 

  
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 (f)
“Company” shall mean Law Enforcement Associates Corporation, a Nevada corporation with its principal place of business in Raleigh, North Carolina. 
 (g) “Director(s)” shall mean a member or the members of the Board of Directors. 
 (h) “Eligible Employee(s)” shall mean a person or persons regularly employed by the Company or a Subsidiary, such as officers or other full-time employees. 

(i) “Optionee” shall mean an Eligible Employee or Director having a right to purchase Common Stock under an Agreement.

 (j) “Option(s)” shall mean the right or rights granted to Eligible Employees or Directors to purchase Common Stock
under the Plan. 
 (k) “Plan” shall mean this Law Enforcement Associates Corporation 2010 Stock Option Plan.

 (l) “Shares,” “Stock” or “Common Stock” shall mean shares of the common stock of the Company.

 (m) “Subsidiary” shall mean any corporation, if the Company owns or controls, directly or indirectly, more than a
majority of the voting stock of such corporation. 
 (n) “Ten Percent Owner” shall mean an individual who, at the time
an Option is granted, owns directly or indirectly more than ten percent (10%) of the total combined voting power of all classes of stock of the Company. 
 3. EFFECTIVE DATE 
 The effective date of the Plan (the “Effective Date”) shall be the
date the Plan is adopted by the Board of Directors and approved by the shareholders of the Company. The Plan must be approved by the affirmative vote of not less than a majority of the shareholder votes entitled to be cast thereon. 

4. SHARES RESERVED FOR PLAN 
 The Company shall
reserve a sufficient number of authorized but unissued shares of Common Stock for issuance to Eligible Employees and Directors. The maximum number of shares which shall be reserved and made available for sale under the Plan shall be five hundred
thousand (500,000), subject to adjustment in accordance with Section 8(h) hereof. Any shares subject to an Option, which for any reason expires or is terminated unexercised, may again be subject to an Option under the Plan. 

  
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 5. ADMINISTRATION OF THE PLAN

 The Plan shall be administered by the Board of Directors of the Company or the Committee. The Committee shall be comprised of not less than
two (2) members of the Board of Directors of the Company from among its independent, non-employee members. The Board of Director of the Committee may designate any officers or employees of the Company or of any of its subsidiaries to assist in
the administration of the Plan. 
 Within the limitations described herein, the Board of Directors of the Company or the Committee shall
administer the Plan, select the Eligible Employees and Directors to whom Options will be granted, determine the number of shares to be optioned to each Eligible Employee and/or Director and interpret, construe and implement the provisions of the
Plan. Board of Directors and Committee members shall be reimbursed for documented out-of-pocket expenses reasonably incurred in the administration of the Plan. 
 If the Plan is administered by the Board of Directors, a majority of the independent, non-employee members of the Board of Directors shall constitute a quorum, and the act of a majority of the
independent, non-employee members of the Board of Directors present at any meeting at which a quorum is present, or acts approved in writing by a majority of such members of the Board of Directors shall be the acts of the Board of Directors. If the
Plan is administered by the Committee, the Committee shall select one of its members as Chairman and shall hold its meetings at such times and places, and pursuant to such rules consistent with the Plan, as it may determine. A majority of the
members of the Committee shall constitute a quorum, and the acts of a majority of the members present at any meeting at which a quorum is present, or acts approved in writing by a majority of the members of the Committee shall be the acts of the
Committee. 
 6. ELIGIBILITY 
 Options
granted pursuant to Section 8 shall be granted only to Eligible Employees. Options and granted pursuant to Section 12 shall be granted only to Directors. 
 7. DURATION OF THE PLAN 
 The Plan shall remain in effect until all shares subject to or which may
become subject to the Plan shall have been purchased pursuant to Options granted under the Plan or shall have otherwise expired or been forfeited in accordance with the provisions hereof; provided that Options under the Plan must be granted within
ten (10) years from the Effective Date. 
 8. QUALIFIED INCENTIVE OPTIONS 
 It is intended that Options granted to Eligible Employees under the Plan shall be qualified incentive stock options under the provisions of Section 422 of the Code and the regulations thereunder or
corresponding provisions of subsequent revenue laws and regulations in effect at the time such Options are granted. Such Options shall be evidenced by stock option agreements in such form and not inconsistent with this Plan as the Committee or Board
of Directors shall 

  
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approve from time to time, which agreements shall contain in substance the following terms and conditions: 
 (a) Price. The purchase price for shares purchased upon exercise will be the Average Market Price on the day the Option is granted, as determined by the Board of Directors or the Committee, or, if the
Stock is not traded in the organized markets, then the price shall be the fair market value of the Stock as determined in good faith by the Board of Directors or the Committee, but in no case less than the par value of such stock; provided further
that the purchase price of stock deliverable upon the exercise of a qualified incentive option granted to a Ten Percent Owner shall be not less than one hundred ten percent (110%) of the Average Market Price or fair market value on the day the
Option is granted, as determined by the Board of Directors or the Committee, but in no case less than the par value of such stock. 
 (b) Number of Shares. The Agreement shall specify the number of shares that the Optionee may purchase under such Option. 
 (c) Exercise of Options and Vesting Schedule. The shares subject to the Option may be purchased in whole or in part by the Optionee in accordance with the terms of the Agreement, from time to time after
shareholder approval of the Plan, but in no event later than ten (10) years from the date of grant of the Option. Notwithstanding the foregoing, shares subject to an Option granted to a Ten Percent Owner shall be exercisable no later than five
(5) years from the date of grant of the Option. 
 The Board of Directors or the Committee, shall in its discretion, set
the vesting schedule, if any, of Options granted to Optionees under the Plan, which vesting schedule shall be set forth in the respective Agreement for each Optionee. 
 (d) Medium and Time of Payment. Stock purchased pursuant to an Agreement shall be paid for in full at the time of purchase. Payment of the purchase price shall be in cash or shares of the Common Stock of
the Company, or a combination of cash and shares of the Common Stock of the Company. Upon receipt of payment, the Company shall, without transfer or issue tax, deliver to the Optionee (or other person entitled to exercise the Option) a certificate
or certificates for such shares. 
 (e) Rights as a Shareholder. An Optionee shall have no rights as a shareholder with respect
to any shares covered by an Option until the date of issuance of the stock certificate to the Optionee for such shares. Except as otherwise expressly provided in the Plan, no adjustments shall be made for dividends or other rights for which the
record date is prior to the date such stock certificate is issued. 
 (f) Nonassignability of Option. No Option shall be
assignable or transferable by the Optionee except by will or by the laws of descent and distribution. During the lifetime of the Optionee, the Option shall be exercisable only by him or her. 

(g) Effect of Termination of Employment or Death. In the event that an Optionee during his or her lifetime ceases to be an employee of
the Company or of any subsidiary of the 

  
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Company for any reason (including retirement) other than (i) death or permanent and total disability or (ii) being discharged for cause, any Option or unexercised portion thereof which
was otherwise exercisable on the date of termination of employment shall expire unless exercised within a period of ninety (90) days from the date on which the Optionee ceased to be an employee, but in no event after the term provided in the
Optionee’s Agreement. In the event that an Optionee ceases to be an employee of the Company or of any subsidiary of the Company for any reason (including retirement) other than death or permanent and total disability prior to the time that an
Option is exercisable, his or her Option shall terminate and be null and void. 
 In the event that an Optionee during his or
her lifetime ceases to be an employee of the Company or any subsidiary of the Company by reason of death or permanent and total disability or dies or becomes permanently and totally disabled within three months of ceasing to be an employee, any
Option or unexercised portion thereof which was otherwise exercisable on the date such Optionee ceased employment shall expire unless exercised within a period of one (1) year from the date on which the Optionee ceased to be an employee, but in
no event after the term provided in the Optionee’s Agreement. In the event that an Optionee during his or her lifetime ceases to be an employee of the Company or any subsidiary of the Company by reason of death or permanent and total disability
or dies or becomes permanently and totally disabled within three months of ceasing to be an employee, any Option or portion thereof which was not exercisable on the date such Optionee ceased employment shall become immediately exercisable for a
period of one (1) year from the date on which the Optionee ceased to be an employee, but in no event after the term provided in the Optionee’s Agreement. Permanent and total disability as used herein is as defined in Section 22(e)(3)
of the Code. In the event of the death of an Optionee, the Option shall be exercisable by his or her personal representatives, heirs or legatees, as provided herein. 
 In the event that an Optionee during his or her lifetime ceases to be an employee of the Company or of any subsidiary of the Company by reason of being discharged for cause, any Options granted to the
Optionee under this Plan, to the extent not previously exercised or expired, and regardless of any vesting, shall immediately terminate. The phrase “discharged for cause” shall include termination at the sole discretion of the Board of
Directors of the Company because of the Optionee’s personal dishonesty, incompetence, willful misconduct, breach of fiduciary duty involving personal profit, intentional failure to perform stated duties, willful violation of any law, rule or
regulation (other than traffic violations or similar offenses), or material breach of any provision of any employment agreement that the Optionee may have with the Company or any of its subsidiaries. 

(h) Recapitalization, Reorganization, Dissolution or Liquidation. In the event of increases, decreases or changes in the Company’s
outstanding Common Stock resulting from a stock dividend, recapitalization, reclassification, stock split, combination or similar event, or resulting from an exchange of shares or merger or other reorganization in which the Company is the surviving
entity, the Board of Directors or Committee shall make equitable, proportionate adjustments in the aggregate number and kind of shares under the Plan, the number and kind of shares covered by each then outstanding Option, and in the exercise price
of each unexercised Option. Unless amended by the Board of Director or Committee, any Agreement shall be binding upon any successor to the Company. 

  
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 Upon the effective
date of the dissolution of liquidation of the Company, this plan and any Options granted hereunder, shall terminate. 
 (i)
General Restriction. Each Option shall be subject to the requirement that if at any time the Board of Directors shall determine, in its discretion, that the listing, registration or qualification of the Shares subject to such Option upon any
securities exchange or under any state or federal law, or the consent or approval of any government regulatory body, is necessary or desirable as a condition of, or in connection with, the granting of such Option or the issue or purchase of Shares
thereunder, such Option may not be exercised in whole or in part unless such listing, registration, qualification, consent or approval shall have been effected or obtained free of any conditions not acceptable to the Board of Directors. 

9. AMENDMENT OF THE PLAN 
 The Plan may at any
time or from time to time be terminated, modified or amended by the affirmative vote of not less than a majority of the votes entitled to be cast thereon by the Company’s shareholders. The Board of Directors may at any time and from time to
time modify or amend the Plan in any respect, except that without shareholder approval the Board of Directors may not (1) increase the maximum number of shares for which Options may be granted under the Plan either in the aggregate or to any
Eligible Employee (other than increases due to changes in capitalization as referred to in Section 8(h) hereof), or (2) reduce the option price or waiting period (except as otherwise expressly provided in the Plan in the case of a
reorganization of the Company as referred to in Section 8(i) hereof), or (3) extend the period during which Options may be granted or exercised, or (4) change the class of Optionees eligible for stock options under Section 6
hereof, or (5) to otherwise materially modify (within the meaning of Rule 16b-3 of the Securities Exchange Act of 1934, as amended) the requirements as to eligibility for participation in the Plan, or (6) to otherwise materially increase
(within the meaning of Rule 16b-3 of the Securities Exchange Act of 1934, as amended) the benefits accruing to participants under the Plan. The termination or any modification or amendment of the Plan shall not, without the written consent of an
Optionee, affect his or her rights under an Option or right previously granted to him or her. With the written consent of the Optionee affected, the Board of Directors or the Committee may amend outstanding option agreements in a manner not
inconsistent with the Plan. Without employee consent, the Board of Directors may at any time and from time to time modify or amend outstanding option agreements in such respects as it shall deem necessary in order that Options granted hereunder
shall comply with the appropriate provisions of the Code and regulations thereunder which are in effect from time to time respecting “Qualified Incentive Options.” 
 10. LIMITATION ON NUMBER OF SHARES THAT MAY BE PURCHASED 
 The aggregate fair market value
(determined at the time the Option is granted) of the shares with respect to which incentive stock options are exercisable for the first time by an Optionee during any calendar year (under all incentive stock option plans of the Company) shall not
exceed $100,000. 

  
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 11. BINDING EFFECT 

All decisions of the Board of Directors or the Committee involving the implementation, administration or operation of the Plan or any offering under the
Plan shall be binding on the Company, all Eligible Employees participating in the Plan, and on all persons eligible or who become eligible to participate in the Plan. 
 12. DIRECTOR PARTICIPATION 
 The participation and eligibility of Directors of the Company shall be
limited exclusively to the following: 
 (a) Directors of the Company may be granted, upon action by the Board of Directors or
the Committee, a non-qualified Option hereunder to purchase shares of Common Stock at the Average Market Price of such Stock on the date of grant. 
 (b) Such Options granted under this Plan to Directors shall be exercisable commencing on the date of grant and thereafter until the date specified in the relevant Agreement; provided, that, the period
during which such Option may be exercised shall not extend beyond ten years from the date of the grant of such Option. 
 (c)
Effect of Leaving the Board of Directors or Death. In the event that an Optionee during his or her lifetime leaves the Board of Directors of the Company or of any subsidiary of the Company for any reason (including retirement) other than
(i) death or permanent and total disability or (ii) being removed for cause, any Option or unexercised portion thereof which was otherwise exercisable on the date that the Director leaves the Board of Directors shall expire unless
exercised within a period of ninety (90) days from the date on which the Optionee ceased to be a Director of the Company or of any subsidiary, but in no event after the term provided in the Optionee’s Agreement. In the event that an
Optionee leaves the Board of Directors of the Company or of any subsidiary of the Company for any reason (including retirement) other than death or permanent and total disability prior to the time that an Option is exercisable, his or her Option
shall terminate and be null and void. 
 In the event that an Optionee during his or her lifetime ceases to be a Director of the
Company or any subsidiary of the Company by reason of death or permanent and total disability or dies or becomes permanently and totally disabled within three months of ceasing to be an employee, any Option or unexercised portion thereof which was
otherwise exercisable on the date such Optionee left the Board of Directors shall expire unless exercised within a period of one (1) year from the date on which the Optionee ceased to be a Director, but in no event after the term provided in
the Optionee’s Agreement. In the event that an Optionee during his or her lifetime ceases to be a Director of the Company or any subsidiary of the Company by reason of death or permanent and total disability or dies or becomes permanently and
totally disabled within three months of ceasing to be a Director, any Option or portion thereof which was not exercisable on the date such Optionee left the Board of Directors shall become immediately exercisable for a period of one (1) year
from the date on which the Optionee ceased to be a Director, but in no event after the term provided in the Optionee’s Agreement. Permanent and 

  
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total disability as used herein is as defined in Section 22(e)(3) of the Code. In the event of the death of an Optionee, the Option shall be exercisable by his or her personal
representatives, heirs or legatees, as provided herein. 
 In the event that an Optionee during his or her lifetime ceases to be
a Director of the Company or of any subsidiary of the Company by reason of being removed for cause, any Options granted to the Optionee under this Plan, to the extent not previously exercised or expired, and regardless of any vesting, shall
immediately terminate. The phrase “removed for cause” shall include removal at the sole discretion of the Board of Directors of the Company because of the Optionee’s personal dishonesty, incompetence, willful misconduct, breach of
fiduciary duty involving personal profit, intentional failure to perform stated duties, willful violation of any law, rule or regulation (other than traffic violations or similar offenses), or material breach of any provision of any other agreement
that the Optionee may have with the Company or any of its subsidiaries. 
 (d) Options granted to Directors hereunder shall in
all other respects conform to the terms of this Plan. 
 (e) The provisions of this Section 12 shall not be amended more
than once every six months, other than to comport with changes in the Internal Revenue Code, the Employee Retirement Income Security Act, or the rules thereunder. 

  
 8Form of Certificate of Designations of Series B Mandatory Convertible

  
 Exhibit 4.2

 Certificate of Designations of 
 [    ]% Series B Mandatory Convertible Junior Preferred Stock of 
 General Motors Company 
 General Motors Company, a Delaware corporation
(the “Corporation”), hereby certifies that the following resolution was adopted by the board of directors of the Corporation (the “Board of Directors”) or an authorized committee of the Board of Directors in
accordance with the provisions of Section 151 of the General Corporation Law of the State of Delaware on             , 2010: 

RESOLVED, that pursuant to the provisions of the amended and restated certificate of incorporation and the amended and restated bylaws of
the Corporation and applicable law, a series of Preferred Stock, par value $0.01 per share, of the Corporation be and hereby is created, and that the designation and number of shares of such series, and the voting and other powers, preferences and
relative, participating, optional or other rights, and the qualifications, limitations and restrictions, of the shares of such series be and hereby are as follows: 
 Part 1. Designation and Number of Shares. There is hereby created out of the authorized and unissued shares of Preferred Stock of the Corporation a series of Preferred Stock consisting
of             shares (or up to              shares of Preferred Stock if the underwriters exercise in full their option pursuant
to the Underwriting Agreement (as such term is defined herein) to purchase additional shares), designated as the “[    ]% Series B Mandatory Convertible Junior Preferred Stock” (the “Series B Preferred
Stock”). Such number of shares may be decreased by resolution of the Board of Directors, subject to the terms and conditions hereof; provided that no decrease shall reduce the number of shares of the Series B Preferred Stock to a number
less than the number of shares then outstanding. 
 Part 2. Standard Provisions. The Standard Provisions contained in
Annex A attached hereto are incorporated herein by reference in their entirety and shall be deemed to be a part of this Certificate of Designations to the same extent as if such provisions had been set forth in full herein. 

[Remainder of Page Intentionally Left Blank] 

  
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 IN WITNESS WHEREOF,
the Corporation has caused this Certificate of Designations to be signed by [Authorized Signatory], its [Title of Authorized Signatory], this [    ]th day of
            , 2010. 
  

			
	GENERAL MOTORS COMPANY
		
	 By:
	 	  

		 	 Name:

		 	 Title:

 Signature Page to Certificate of Designations of Series B Preferred Stock 

  
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 ANNEX A

 STANDARD PROVISIONS 
 SECTION 1. General Matters; Ranking. Each share of the Series B Preferred Stock shall be identical in all respects to every other share of the Series B Preferred Stock. The Series B Preferred
Stock, with respect to dividend rights or rights upon the liquidation, winding-up or dissolution of the Corporation, shall rank (i) senior to all Junior Stock, (ii) on parity with all Parity Stock and (iii) junior to all Senior Stock
and the Corporation’s existing and future indebtedness. 
 SECTION 2. Standard Definitions. As used herein with
respect to the Series B Preferred Stock: 
 “Agent Members” shall have the meaning set forth in
Section 19. 
 “Applicable Market Value” means the average of the Closing Prices per share of Common Stock
over the 40 consecutive Trading Day period ending on the third Trading Day immediately preceding the Mandatory Conversion Date. 

“Applicable Early Conversion Market Value” shall have the meaning set forth in Section 8(b). 

“Average Price” shall have the meaning set forth in Section 3(c). 

“Board of Directors” shall have the meaning set forth in the recitals. 

“Business Day” means any day other than a Saturday or Sunday or any other day on which commercial banks in New York City
are authorized or required by law or executive order to close. 
 “Bylaws” means the Corporation’s bylaws,
as they may be amended or restated from time to time. 
 A “Cash Acquisition” shall be deemed to have occurred,
at such time after the Issue Date upon: (i) the consummation of any transaction or event (whether by means of an exchange offer, liquidation, tender offer, consolidation, merger, combination, recapitalization or otherwise) in connection with
which 90% or more of the Common Stock is exchanged for, converted into, acquired for or constitutes solely the right to receive, consideration 10% or more of which is not common stock that is listed on, or immediately after the transaction or event
will be listed on, a United States national securities exchange; or (ii) any “person” or “group” (as such terms are used for purposes of Sections 13(d) and 14(d) of the Exchange Act, whether or not applicable), other than
the Corporation, any of its majority-owned subsidiaries or any of the Corporation’s or its majority-owned subsidiaries’ employee benefit plans, becoming the “beneficial owner,” directly or

  
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indirectly, of more than 50% of the total voting power in the aggregate of all classes of capital stock then outstanding entitled to vote generally in elections of the Corporation’s
directors. 
 “Cash Acquisition Conversion” shall have the meaning set forth in Section 9(a). 

“Cash Acquisition Additional Conversion Amount” shall have the meaning set forth in Section 9(d)(ii). 

“Cash Acquisition Conversion Date” shall have the meaning set forth in Section 10(c). 

“Cash Acquisition Conversion Period” shall have the meaning set forth in Section 9(a). 

“Cash Acquisition Conversion Rate” means the conversion rate set forth in the table below for the Effective Date and the
Stock Price applicable to any Cash Acquisition Conversion that occurs on or prior to the Mandatory Conversion Date: 
  

																																																	
	 	    	Stock Price	 
	Effective Date	    	$	 	    	$	 	    	$	 	    	$	 	    	$	 	    	$	 	    	$	 	    	$	 	    	$	 	    	$	 	    	$	 	    	$	 
													
	                     ,
2010
	    				    				    				    				    				    				    				    				    				    				    				    			
													
	                     ,
2011
	    				    				    				    				    				    				    				    				    				    				    				    			
													
	                     ,
2012
	    				    				    				    				    				    				    				    				    				    				    				    			
													
	                     ,
2013
	    				    				    				    				    				    				    				    				    				    				    				    			

 If the Stock Price falls between two Stock Prices set forth in the table above, or if the
Effective Date falls between two Effective Dates set forth in the table above, the Cash Acquisition Conversion Rate shall be determined by straight-line interpolation between the Cash Acquisition Conversion Rates set forth for the higher and lower
Stock Prices and the earlier and later Effective Dates, as applicable, based on a 365-day year. 
 If the Stock Price is in
excess of $            per share (subject to adjustment in the same manner as adjustments are made to the Stock Price in accordance with the provisions of Section 13(c)(iv)), then the
Cash Acquisition Conversion Rate shall be the Minimum Conversion Rate. If the Stock Price is less than $            per share (subject to adjustment in the same manner as adjustments are
made to the Stock Price in accordance with the provisions of Section 13(c)(iv)), then the Cash Acquisition Conversion Rate shall be the Maximum Conversion Rate. 
 The Stock Prices in the column headings in the table above are subject to adjustment in accordance with the provisions of Section 13(c)(iv). The conversion rates set forth in the table above are each
subject to adjustment in the same manner as each Fixed Conversion Rate as set forth in Section 13. 

  
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 “Cash
Acquisition Dividend Make-whole Amount” shall have the meaning set forth in Section 9(d)(i)(x). 
 “Cash
Acquisition Notice” shall have the meaning set forth in Section 9(b). 
 “Certificate of
Designations” means the Certificate of Designations or comparable instrument relating to the Series B Preferred Stock, of which these Standard Provisions form a part, as it may be amended or restated from time to time. 

“Charter” means the Corporation’s amended and restated certificate of incorporation, as such may be amended or
restated from time to time. 
 “Closing Price” of the Common Stock or any securities distributed in a Spin-Off,
as the case may be, means, as of any date of determination: 
 (i) the closing price or, if no closing price is
reported, the last reported sale price, of shares of the Common Stock or such other securities on the New York Stock Exchange on that date; or 
 (ii) if the Common Stock or such other securities are not traded on the New York Stock Exchange, the closing price on that date as reported in composite transactions for the principal U.S. national or
regional securities exchange on which the Common Stock or such other securities are so traded or, if no closing price is reported, the last reported sale price of shares of the Common Stock or such other securities on the principal U.S. national or
regional securities exchange on which the Common Stock or such other securities are so traded on that date; or 

(iii) if the Common Stock or such other securities are not traded on a U.S. national or regional securities exchange, the
last quoted bid price on that date for the Common Stock or such other securities in the over-the-counter market as reported by Pink OTC Markets Inc. or a similar organization; or 

(iv) if the Common Stock or such other securities are not so quoted by Pink OTC Markets Inc. or a similar organization,
the market price of the Common Stock or such other securities on that date as determined by a nationally recognized independent investment banking firm retained by the Corporation for this purpose. 

  
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 For the purposes of this Certificate
of Designations, all references herein to the closing price and the last reported sale price of the Common Stock on the New York Stock Exchange shall be such closing price and last reported sale price as reflected on the website of the New York
Stock Exchange (www.nyse.com) and as reported by Bloomberg Professional Service; provided that in the event that there is a discrepancy between the closing price and the last reported sale price as reflected on the website of the New York Stock
Exchange and as reported by Bloomberg Professional Service, the closing price and the last reported sale price on the website of the New York Stock Exchange shall govern. 
 “Common Stock” means the common stock, par value $0.01 per share, of the Corporation. 
 “Conversion and Dividend Disbursing Agent” shall mean Computershare Trust Company, N.A., the Corporation’s duly appointed transfer agent, registrar, and conversion and dividend
disbursing agent for the Series B Preferred Stock, and any successor appointed under Section 14. 
 “Conversion
Date” shall have the meaning set forth in Section 3(a). 
 “Corporation” shall have the meaning
set forth in the recitals. 
 “Current Market Price” per share of Common Stock (or, in the case of
Section 13(a)(iv), per share of Common Stock, the Corporation’s capital stock or equity interest, as applicable) on any date means for the purposes of determining an adjustment to the Fixed Conversion Rate: 

(i) for purposes of adjustments pursuant to Section 13(a)(ii), Section 13(a)(iv) in the event of an adjustment
not relating to a Spin-Off, and Section 13(a)(v), the average of the Closing Prices of the Common Stock over the five consecutive Trading Day period ending on the Trading Day immediately preceding the Ex-Date with respect to the issuance or
distribution requiring such computation; 
 (ii) for purposes of adjustments pursuant to Section 13(a)(iv)
in the event of an adjustment relating to a Spin-Off, the average of the Closing Prices of the Common Stock, the Corporation’s capital stock or equity interests, as applicable, over the first ten consecutive Trading Days commencing on and
including the fifth Trading Day immediately following the effective date of such distribution; and 
 (iii) for
purposes of adjustments pursuant to Section 13(a)(vi), the average of the Closing Prices of the Common Stock over the five consecutive Trading Day period ending on the seventh Trading Day after the Expiration Date of the relevant tender offer
or exchange offer. 

  
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“Depositary” means DTC or its nominee or any successor appointed by the Corporation. 

“Dividend Payment Date” means             ,
            ,              and of each year commencing on
            , 20     to and including the Mandatory Conversion Date. 
 “Dividend Period” means the period from, and including, a Dividend Payment Date to, but excluding, the next Dividend Payment Date, except that the initial Dividend Period shall commence
on, and include, the Issue Date and shall end on, but exclude, the             , 20     Dividend Payment Date. 

“Dividend Rate” shall have the meaning set forth in Section 3(a). 

“DTC” means The Depository Trust Corporation. 
 “Early Conversion” shall have the meaning set forth in Section 8(a). 
 “Early Conversion Date” shall have the meaning set forth in Section 10(b). 
 “Effective Date” shall have the meaning set forth in Section 9(a). 
 “Exchange Act” shall mean the Securities Exchange Act of 1934, as amended, and the rules and regulations thereunder. 

“Exchange Property” shall have the meaning set forth in Section 13(e). 

“Ex-Date,” when used with respect to any issuance or distribution, means the first date on which shares of the Common
Stock trade without the right to receive such issuance or distribution. 
 “Expiration Date” shall have the
meaning set forth in Section 13(a)(vi). 
 “Fair Market Value” means the fair market value as determined
in good faith by the Board of Directors (or an authorized committee thereof), whose determination shall be conclusive and set forth in a resolution of the Board of Directors (or such authorized committee). 

“Fixed Conversion Rates” means the Maximum Conversion Rate and the Minimum Conversion Rate. 

“Floor Price” shall have the meaning set forth in Section 3(e). 

“Holder” means each person in whose name shares of the Series B Preferred Stock are registered, who shall be treated by
the Corporation and the Registrar as the absolute owner of those shares of Series B Preferred Stock for the purpose of making payment and settling conversions and for all other purposes. 

  
 7 

  
 “Initial
Price” shall have the meaning set forth in Section 7(b)(ii). 
 “Issue Date” shall mean
            , 2010, the first original issue date of the Series B Preferred Stock. 
 “Junior Stock” means (i) the Common Stock and (ii) each other class of capital stock or series of Preferred Stock established after the Issue Date, the terms of which do not
expressly provide that such class or series ranks senior to or on a parity with the Series B Preferred Stock as to dividend rights or rights upon the Corporation’s liquidation, winding-up or dissolution. 

“Liquidation Preference” means, as to the Series B Preferred Stock, $50 per share. 

“Mandatory Conversion” shall have the meaning set forth in Section 7(a). 

“Mandatory Conversion Additional Conversion Amount” shall have the meaning set forth in Section 7(d). 

“Mandatory Conversion Date” means             , 2013.

 “Mandatory Conversion Rate” shall have the meaning set forth in Section 7(b). 

“Maximum Conversion Rate” shall have the meaning set forth in Section 7(b)(iii). 

“Minimum Conversion Rate” shall have the meaning set forth in Section 7(b)(i). 

“Nonpayment” shall have the meaning set forth in Section 6(b)(i). 

“Nonpayment Remedy” shall have the meaning set forth in Section 6(b)(iii). 

“Officer” means the Chief Executive Officer, the Chief Financial Officer, the President, any Executive Vice President,
any Senior Vice President, any Vice President, the Treasurer or the Secretary of the Corporation. 
 “Officer’s
Certificate” means a certificate of the Corporation, signed by any duly authorized Officer of the Corporation. 

“Parity Stock” means any class of capital stock or series of Preferred Stock established after the Issue Date, the terms
of which expressly provide that 

  
 8 

 
such class or series shall rank on a parity with the Series B Preferred Stock as to dividend rights or rights upon the Corporation’s liquidation, winding-up or dissolution. 

“Person” means any individual, partnership, firm, corporation, limited liability company, business trust, joint stock
company, trust, unincorporated association, joint venture, governmental authority or other entity of whatever nature. 

“Preferred Stock” means any and all series of preferred stock of the Corporation, including the Series A Preferred Stock
and the Series B Preferred Stock. 
 “Preferred Stock Directors” shall have the meaning set forth in
Section 6(b)(i). 
 “Record Date” means the
            ,             ,              and
             immediately preceding the Dividend Payment Date on             ,
            ,              and             ,
respectively. These Record Dates shall apply regardless of whether a particular Record Date is a Business Day. 

“Record Holder” means a Holder of record of the Series B Preferred Stock as such Holder appears on the stock register of
the Corporation at 5:00 p.m., New York City time, on a Record Date. 
 “Registrar” shall initially mean
Computershare Trust Company, N.A., the Corporation’s duly appointed transfer agent, registrar, and conversion and dividend disbursing agent for the Series B Preferred Stock and any successor appointed under Section 14. 

“Reorganization Event” shall have the meaning set forth in Section 13(e). 

“Senior Stock” means (i) the Series A Preferred Stock and (ii) each class of capital stock or series of
Preferred Stock established after the Issue Date, the terms of which expressly provide that such class or series shall rank senior to the Series B Preferred Stock as to dividend rights or rights upon the Corporation’s liquidation, winding-up or
dissolution. 
 “Series A Preferred Stock” means the Corporation’s Series A Fixed Rate Cumulative
Perpetual Preferred Stock. 
 “Series B Preferred Stock” shall have the meaning set forth in Part 1 of this
Certificate of Designations. 
 “Share Dilution Amount” has the meaning set forth in Section 3(b).

  
 9 

  
 “Shelf
Registration Statement” shall mean a shelf registration statement filed with the Securities and Exchange Commission in connection with the issuance of or resales of shares of Common Stock issued as payment of a dividend, including dividends
paid in connection with a conversion. 
 “Spin-Off” means a dividend or other distribution to all holders of
Common Stock consisting of capital stock of, or similar equity interests in, or relating to a subsidiary or other business unit of the Corporation. 
 “Standard Provisions” mean these Standard Provisions that form a part of the Certificate of Designations relating to the Series B Preferred Stock. 

“Stock Price” means the price paid per share of Common Stock in a Cash Acquisition. If the consideration paid consists
only of cash, the Stock Price shall equal the amount of cash paid per share of Common Stock. If the consideration paid consists, in whole or in part, of any property other than cash, the Stock Price shall be the average VWAP per share of the Common
Stock over the 10 consecutive Trading Day period ending on the Trading Day preceding the Effective Date. 
 “Threshold
Appreciation Price” shall have the meaning set forth in Section 7(b)(i). 
 “Trading Day” means a
day on which the Common Stock: 
 (a) is not suspended from trading on any national or regional securities exchange or
association or over-the-counter market at the close of business; and 
 (b) has traded at least once on the national or regional
securities exchange or association or over-the-counter market that is the primary market for the trading of the Common Stock. 

“Transfer Agent” shall initially mean Computershare Trust Company, N.A., the Corporation’s duly appointed transfer
agent, registrar, and conversion and dividend disbursing agent for the Series B Preferred Stock and any successor appointed under Section 14. 
 “Underwriting Agreement” means the Underwriting Agreement relating to the Series B Preferred Stock, dated             ,
2010, between the Corporation and the underwriters named therein. 
 “Unit of Exchange Property” shall have the
meaning set forth in Section 13(e). 

  
 10 

  
 “Voting
Preferred Stock” means any other class or series of Preferred Stock ranking equally with the Series B Preferred Stock either as to dividends or the distribution of assets upon liquidation, dissolution or winding up and upon which like
voting rights have been conferred and are exercisable. 
 “VWAP” per share of Common Stock on any Trading Day
means the per share volume-weighted average price as displayed on Bloomberg page “GM <Equity> AQR” (or its equivalent successor if such page is not available) in respect of the period from 9:30 a.m. to 4:00 p.m., New York City time,
on such Trading Day; or, if such price is not available, “VWAP” means the market value per share of Common Stock on such Trading Day as determined by a nationally recognized independent investment banking firm retained by the Corporation
for this purpose. The “average VWAP” means the average of the VWAP for each Trading Day in the relevant period. 

SECTION 3. Dividends. (a) Rate. Subject to the rights of holders of the Series A Preferred Stock or any other
class of capital stock ranking senior to the Series B Preferred Stock with respect to dividends, holders of shares of outstanding Series B Preferred Stock shall be entitled to receive, when, as and if declared by the Board of Directors, or an
authorized committee of the Board of Directors, out of funds of the Corporation legally available therefor, cumulative dividends at the rate per annum of             % on the Liquidation
Preference per share of Series B Preferred Stock (the “Dividend Rate”) (equivalent to $             per annum per share), payable in cash, by delivery of shares of Common
Stock or through any combination of cash and shares of Common Stock, as determined by the Corporation in its sole discretion (subject to the limitations described below). Dividends on the Series B Preferred Stock shall be payable quarterly on each
Dividend Payment Date at such annual rate, and shall accumulate from the most recent date as to which dividends shall have been paid or, if no dividends have been paid, from the Issue Date, whether or not in any Dividend Period or periods there have
been funds legally available for the payment of such dividends. Declared dividends shall be payable on the relevant Dividend Payment Date to Record Holders on the immediately preceding Record Date, whether or not such Record Holders convert their
shares, or such shares are automatically converted, after a Record Date and on or prior to the immediately succeeding Dividend Payment Date. If a Dividend Payment Date is not a Business Day, payment shall be made on the next succeeding Business Day,
without any interest or other payment in lieu of interest accruing with respect to this delay. 
 The amount of dividends
payable on each share of Series B Preferred Stock for each full Dividend Period shall be computed by dividing the Dividend Rate by four. Dividends payable on the Series B Preferred Stock for any period other than a full Dividend Period shall be
computed based upon the actual number of days elapsed during the period over a 360-day year (consisting of twelve 30-day months). Accumulated dividends shall not bear interest if they are paid subsequent to the applicable Dividend Payment Date.

  
 11 

  
 No dividend shall be
declared or paid upon, or any sum or number of shares of the Common Stock set apart for the payment of dividends upon, any outstanding share of Series B Preferred Stock with respect to any Dividend Period unless all dividends for all preceding
Dividend Periods shall have been declared and paid upon, or a sufficient sum or number of shares of Common Stock shall have been set apart for the payment of such dividends upon, all outstanding shares of Series B Preferred Stock. 

Holders shall not be entitled to any dividends on the Series B Preferred Stock, whether payable in cash, property or shares of Common
Stock, in excess of full cumulative dividends. 
 Except as described in this Section 3(a), dividends on any share of
Series B Preferred Stock converted to Common Stock shall cease to accumulate on the Mandatory Conversion Date, the Cash Acquisition Conversion Date or the Early Conversion Date (each, a “Conversion Date”), as applicable. 

(b) Priority of Dividends. So long as any share of the Series B Preferred Stock remains outstanding, no dividend or distribution
shall be declared or paid on the Common Stock or any other shares of Junior Stock, and no Common Stock or Junior Stock shall be, directly or indirectly, purchased, redeemed or otherwise acquired for consideration by the Corporation or any of its
subsidiaries unless all accrued and unpaid dividends for all preceding Dividend Periods have been declared and paid upon, or a sufficient sum or number of shares of Common Stock have been set apart for the payment of such dividends upon, all
outstanding shares of Series B Preferred Stock. The foregoing limitation shall not apply to (i) a dividend payable on any Junior Stock in shares of any other Junior Stock, or to the acquisition of shares of any Junior Stock in exchange for, or
through application of the proceeds of the sale of, shares of any other Junior Stock; (ii) redemptions, purchases or other acquisitions of shares of Common Stock or other Junior Stock in connection with the administration of any employee
benefit plan in the ordinary course of business (including purchases to offset the Share Dilution Amount pursuant to a publicly announced repurchase plan); provided that any purchases to offset the Share Dilution Amount shall in no event exceed the
Share Dilution Amount; (iii) any dividends or distributions of rights or Junior Stock in connection with a stockholders’ rights plan or any redemption or repurchase of rights pursuant to any stockholders’ rights plan; (iv) the
acquisition by the Corporation or any of its subsidiaries of record ownership in Junior Stock for the beneficial ownership of any other persons (other than the Corporation or any of its subsidiaries), including as trustees or custodians; and
(v) the exchange or conversion of Junior Stock for or into other Junior Stock (with the same or lesser aggregate liquidation amount). “Share Dilution Amount” 

  
 12 

 
means the increase in the number of diluted shares outstanding (determined in accordance with generally accepted accounting principles in the United States, and as measured from the Issue Date)
resulting from the grant, vesting or exercise of equity-based compensation to employees and equitably adjusted for any stock split, stock dividend, reverse stock split, reclassification or similar transaction. 

When dividends are not paid (or declared and a sum or number of shares of Common Stock sufficient for payment thereof set aside for the
benefit of the holders thereof on the applicable Record Date) on any Dividend Payment Date in full on shares of the Series B Preferred Stock, all dividends declared on the Series B Preferred Stock and any other Parity Stock shall be declared so that
the respective amounts of such dividends declared on the Series B Preferred Stock and each such other class or series of Parity Stock shall bear the same ratio to each other as all accrued and unpaid dividends per share on the shares of the Series B
Preferred Stock and such class or series of Parity Stock (subject to their having been declared by the Board of Directors or a duly authorized committee of the Board of Directors out of legally available funds and including, all accrued but unpaid
dividends) bear to each other; provided that any unpaid dividends will continue to accumulate. 
 Subject to the foregoing, and
not otherwise, such dividends (payable in cash, securities or other property) as may be determined by the Board of Directors or any duly authorized committee of the Board of Directors may be declared and paid on any securities, including Common
Stock and other Junior Stock, from time to time out of any funds legally available for such payment, and Holders of the Series B Preferred Stock shall not be entitled to participate in any such dividends. 

(c) Method of Payment of Dividends. (i) Subject to the limitations described below, any declared dividend (or any portion of
any declared dividend) on the Series B Preferred Stock, whether or not for a current Dividend Period or any prior Dividend Period (including in connection with the payment of declared and unpaid dividends to the extent required to be paid pursuant
to Section 7, 8 or 9), may be paid by the Corporation, as determined in the Corporation’s sole discretion: 
 (A) in cash; 
 (B) by delivery of shares of Common Stock; or

 (C) through any combination of cash and shares of Common Stock. 

(ii) Each payment of a declared dividend on the Series B Preferred Stock shall be made in cash, except to the extent the
Corporation elects to make all or any portion of such payment in Common Stock. The 

  
 13 

 
Corporation may make such election by giving notice to Holders of such election and the portions of such payment that shall be made in cash and in Common Stock no later than 12 Trading Days prior
to the Dividend Payment Date for such dividend. 
 (iii) Common Stock issued in payment or partial payment of a
declared dividend shall be valued for such purpose at 97% of the average VWAP per share of Common Stock over the ten consecutive Trading Day period ending on the second Trading Day immediately preceding the applicable Dividend Payment Date (the
“Average Price”). 
 (d) No fractional shares of Common Stock shall be delivered to Holders in payment or
partial payment of a dividend. A cash adjustment shall be paid to each Holder that would otherwise be entitled to a fraction of a share of Common Stock based on the average VWAP per share of the Common Stock over the ten consecutive Trading Day
period ending on the second Trading Day immediately preceding the relevant Dividend Payment Date. 
 (e) Notwithstanding the
foregoing, in no event shall the number of shares of Common Stock delivered in connection with any declared dividend, including any declared dividend payable in connection with a conversion, exceed a number equal to the total dividend payment
divided by $            , subject to adjustment in a manner inversely proportional to any anti-dilution adjustment to each Fixed Conversion Rate as set forth in Section 13 (such dollar
amount, as adjusted, the “Floor Price”). To the extent that the amount of the declared dividend exceeds the product of the number of shares of Common Stock delivered in connection with such declared dividend and the Average Price,
the Corporation shall, if it is legally able to do so, pay such excess amount in cash. 
 (f) To the extent that the
Corporation, in its reasonable judgment, determines that a Shelf Registration Statement is required in connection with the issuance of, or for resales of, Common Stock issued as payment of a dividend, including dividends paid in connection with a
conversion, the Corporation shall, to the extent such a Shelf Registration Statement is not currently filed and effective, use its reasonable best efforts to file and maintain the effectiveness of such a Shelf Registration Statement until the
earlier of such time as all shares of Common Stock have been resold thereunder and such time as all such shares are freely tradable without registration. To the extent applicable, the Corporation shall also use its reasonable best efforts to have
the shares of Common Stock qualified or registered under applicable state securities laws, if required, and approved for listing on the New York Stock Exchange (or if the Common Stock is not listed on the New York Stock Exchange, on the principal
other U.S. national or regional securities exchange on which the Common Stock is then listed). 

  
 14 

  
 SECTION 4.
Liquidation, Dissolution or Winding Up. (a) In the event of any liquidation, winding-up or dissolution of the Corporation, whether voluntary or involuntary, each Holder shall be entitled to receive the Liquidation Preference per share of
Series B Preferred Stock, plus an amount equal to accumulated and unpaid dividends on such shares to (but excluding) the date fixed for liquidation, winding-up or dissolution to be paid out of the assets of the Corporation available for distribution
to its shareholders, after satisfaction of liabilities owed to the Corporation’s creditors and holders of any Senior Stock and before any payment or distribution is made on any Junior Stock, including, without limitation, the Common Stock.

 (b) Neither the sale (for cash, shares of stock, securities or other consideration) of all or substantially all of the assets
or business of the Corporation (other than in connection with the liquidation, winding-up or dissolution of its business), nor the merger or consolidation of the Corporation into or with any other Person, shall be deemed to be a liquidation,
winding-up or dissolution, voluntary or involuntary, for the purposes of this Section 4. 
 (c) If upon the voluntary or
involuntary liquidation, winding-up or dissolution of the Corporation, the amounts payable with respect to the Liquidation Preference plus an amount equal to accumulated and unpaid dividends of the Series B Preferred Stock and all Parity Stock are
not paid in full, the Holders and all holders of any Parity Stock shall share equally and ratably in any distribution of the Corporation’s assets in proportion to the liquidation preference and an amount equal to the accumulated and unpaid
dividends to which such holders are entitled. 
 (d) After the payment to the Holders of full preferential amounts provided for
in this Section 4, the Holders as such shall have no right or claim to any of the remaining assets of the Corporation. 

SECTION 5. No Redemption; No Sinking Fund. The Series B Preferred Stock shall not be subject to any redemption, sinking fund
or other similar provisions. 
 SECTION 6. Voting Rights.  

(a) General. The holders of Series B Preferred Stock shall not have any voting rights except as set forth in this Section 6
or as otherwise from time to time required by Delaware law. 
 (b) Right to Elect Two Directors Upon Nonpayment.
(i) Whenever dividends on any shares of Series B Preferred Stock have not been declared and paid for the equivalent of six or more Dividend Periods, whether or not for consecutive Dividend Periods (a “Nonpayment”), the Holders,
voting together as a single class with holders of any and all other series of Voting Preferred Stock 

  
 15 

 
then outstanding, shall be entitled to vote for the election of a total of two additional members of the Board of Directors (the “Preferred Stock Directors”); provided that the
election of any such directors shall not cause the Corporation to violate the corporate governance requirement of the New York Stock Exchange (or any other exchange or automated quotation system on which the Corporation’s securities may be
listed or quoted) that requires listed or quoted companies to have a majority of independent directors; and provided further that the Board of Directors shall, at no time, include more than two Preferred Stock Directors. In that event, the number of
directors then constituting the Board of Directors shall automatically be increased by two, and the new directors shall be elected at a special meeting called at the request of the Holders of at least 20% of the shares of Series B Preferred Stock or
of any other series of Voting Preferred Stock (provided that such request is received at least 90 calendar days before the date fixed for the next annual or special meeting of the stockholders, failing which election shall be held at such next
annual or special meeting of stockholders), and at each subsequent annual meeting. Whether a plurality, majority or other portion of the Series B Preferred Stock and any other Voting Preferred Stock have been voted in favor of any matter shall be
determined by reference to the respective liquidation preference amounts of the Series B Preferred Stock and such other Voting Preferred Stock voted. 
 (ii) Any request to call a special meeting for the initial election of the Preferred Stock Directors after a Nonpayment shall be made by written notice, signed by the requisite holders of Series B
Preferred Stock or Voting Preferred Stock then outstanding, and delivered to the Corporation in such manner as provided for in Section 16 below, or as may otherwise be required by law. 

(iii) If and when all accumulated and unpaid dividends have been paid in full, or declared and a sum sufficient for such
payment shall have been set aside, on the Series B Preferred Stock (a “Nonpayment Remedy”), the Holders shall immediately and, without any further action by the Corporation, be divested of the foregoing voting rights, subject to the
revesting of such rights in the event of each subsequent Nonpayment (and the number of Dividend Periods in which dividends have not been declared and paid shall be reset to zero). If such voting rights for the Holders and all other holders of Voting
Preferred Stock shall have terminated, the term of office of each Preferred Stock Director so elected shall forthwith terminate and the number of directors on the Board of Directors shall automatically decrease by two. 

(iv) Any Preferred Stock Director may be removed at any time without cause by the holders of record of a majority of the
outstanding shares of the Series B Preferred Stock and Voting Preferred Stock, when they have the voting rights described above (voting together as a single 

  
 16 

 
class). In the event that a Nonpayment shall have occurred and there has not been a Nonpayment Remedy, any vacancy in the office of a Preferred Stock Director (other than prior to the initial
election of Preferred Stock Directors after a Nonpayment) may be filled by the written consent of the Preferred Stock Director remaining in office, or if none remains in office, by a vote of the holders of record of a majority of the outstanding
shares of the Series B Preferred Stock and Voting Preferred Stock (voting together as a single class), when they have the voting rights described above; provided that the filling of each vacancy will not cause the Corporation to violate the
corporate governance requirements of the New York Stock Exchange (or any other exchange or automated quotation system on which the Corporation’s securities may be listed or quoted) that requires listed or quoted companies to have a majority of
independent directors. Any such vote of stockholders to remove, or to fill a vacancy in the office of, a Preferred Stock Director may be taken only at a special meeting of such stockholders, called as provided above for an initial election of
Preferred Stock Director after a Nonpayment (provided that such request is received at least 90 calendar days before the date fixed for the next annual or special meeting of the stockholders, failing which election shall be held at such next annual
or special meeting of stockholders). The Preferred Stock Directors shall each be entitled to one vote per director on any matter that shall come before the Board of Directors for a vote. Each Preferred Stock Director elected at any special meeting
of stockholders or by written consent of the other Preferred Stock Director shall hold office until the next annual meeting of the stockholders if such office shall not have previously terminated as above provided. 

(c) Other Voting Rights. So long as any shares of Series B Preferred Stock are outstanding, in addition to any other vote or
consent of stockholders required by law or by the Charter, the vote or consent of the holders of at least two-thirds of the shares of Series B Preferred Stock and all other series of Voting Preferred Stock (subject to the last paragraph of this
Section 6(c)) at the time outstanding and entitled to vote thereon, voting together as a single class, given in person or by proxy, either in writing without a meeting or by vote at any meeting called for the purpose, shall be necessary for
effecting or validating: 
 (i) Authorization of Senior Stock. Any amendment or alteration of the Charter
or this Certificate of Designations to authorize or create, or increase the authorized amount of, any shares of any specific class or series of capital stock of the Corporation ranking senior to the Series B Preferred Stock with respect to either or
both the payment of dividends or the distribution of assets on any liquidation, dissolution or winding up of the Corporation; 

  
 17 

  
 (ii)
Amendment of Series B Preferred Stock. Any amendment, alteration or repeal of any provision of the Charter or this Certificate of Designations so as to materially and adversely affect the special rights, preferences, privileges or voting
powers of the Series B Preferred Stock, taken as a whole; or 
 (iii) Share Exchanges, Reclassifications,
Mergers and Consolidations. Any consummation of a binding share exchange or reclassification involving the Series B Preferred Stock, or of a merger or consolidation of the Corporation with or into another corporation or other entity, unless in
each case (x) the shares of Series B Preferred Stock remain outstanding and are not amended in any respect or, in the case of any such merger or consolidation with respect to which the Corporation is not the surviving or resulting entity, are
converted into or exchanged for preference securities of the surviving or resulting entity or its ultimate parent, and (y) such shares remaining outstanding or such preference securities, as the case may be, have such rights, preferences,
privileges and voting powers, and limitations and restrictions thereof, taken as a whole, as are not materially less favorable to the holders thereof than the rights, preferences, privileges and voting powers, and limitations and restrictions
thereof, of the Series B Preferred Stock immediately prior to such consummation, taken as a whole; 
 provided, however, that for all purposes
of this Section 6(c), (1) any increase in the amount of the Corporation’s authorized but unissued shares of Preferred Stock, (2) any increase in the amount of the Corporation’s authorized or issued Series B Preferred Stock,
(3) the creation and issuance, or an increase in the authorized or issued amount, of any other series of Preferred Stock ranking equally with or junior to the Series B Preferred Stock with respect to the payment of dividends (whether such
dividends are cumulative or non-cumulative) and/or the distribution of assets upon the liquidation, dissolution or winding up of the Corporation, shall be deemed not to materially and adversely affect the special rights, preferences, privileges or
voting powers, and the limitations and restrictions thereof, of the Series B Preferred Stock. 
 If any amendment, alteration,
repeal, share exchange, reclassification, merger or consolidation specified in this Section 6(c) would materially and adversely affect one or more but not all series of Voting Preferred Stock (including the Series B Preferred Stock for the
purpose of this paragraph), then only the series of Voting Preferred Stock materially and adversely affected and entitled to vote shall vote as a class in lieu of all other series of Preferred Stock. 

(d) Change for Clarification. Without the consent of the Holders of the Series B Preferred Stock, so long as such action does not
adversely affect the special rights, preferences, privileges and voting powers, and limitations and 

  
 18 

 
restrictions thereof, taken as a whole, of the Series B Preferred Stock, the Corporation may amend, alter, supplement or repeal any terms of the Series B Preferred Stock: 

(i) to cure any ambiguity or mistake, or to correct or supplement any provision contained in this Certificate of
Designations that may be defective or inconsistent with any other provision contained in this Certificate of Designations; or 
 (ii) to make any provision with respect to matters or questions relating to the Series B Preferred Stock that is not inconsistent with the provisions of this Certificate of Designations. 

(e) Procedures for Voting and Consents. The rules and procedures for calling and conducting any meeting of the Holders of Series B
Preferred Stock (including, without limitation, the fixing of a record date in connection therewith), the solicitation and use of proxies at such a meeting, the obtaining of written consents and any other aspect or matter with regard to such a
meeting or such consents shall be governed by any rules the Board of Directors or a duly authorized committee of the Board of Directors, in its discretion, may adopt from time to time, which rules and procedures shall conform to the requirements of
the Charter, the By-Laws, applicable law and the rules of any national securities exchange or other trading facility on which the Series B Preferred Stock is listed or traded at the time. 

SECTION 7. Mandatory Conversion on the Mandatory Conversion Date. (a) Each share of Series B Preferred Stock shall
automatically convert (unless previously converted at the option of the Holder in accordance with Section 8 or pursuant to an exercise of a Cash Acquisition Conversion right pursuant to Section 9) on the Mandatory Conversion Date
(“Mandatory Conversion”), into a number of shares of Common Stock equal to the Mandatory Conversion Rate. 

(b) The “Mandatory Conversion Rate” shall be as follows: 

(i) if the Applicable Market Value is greater than
$             (the “Threshold Appreciation Price”), then the Mandatory Conversion Rate shall be equal to
             shares of Common Stock per share of Series B Preferred Stock (the “Minimum Conversion Rate”); 

(ii) if the Applicable Market Value is less than or equal to the Threshold Appreciation Price but equal to or greater than
$             (the “Initial Price”), then the Mandatory Conversion Rate per share of Series B Preferred Stock shall be equal to the Liquidation Preference divided by the
Applicable Market Value; or 

  
 19 

  
 (iii)
if the Applicable Market Value is less than the Initial Price, then the Mandatory Conversion Rate shall be equal to              shares of Common Stock per share of Series B Preferred Stock
(the “Maximum Conversion Rate”). 
 (c) The Fixed Conversion Rates, the Threshold Appreciation Price, the
Initial Price and the Applicable Market Value are each subject to adjustment in accordance with the provisions of Section 13. 
 (d) If the Corporation declares a dividend for the Dividend Period ending on the Mandatory Conversion Date, the Corporation shall pay such dividend to the Record Holders as of the immediately preceding
Record Date in accordance with the provisions of Section 3. 
 If prior to the Mandatory Conversion Date the Corporation
has not declared all or any portion of the accumulated and unpaid dividends on the Series B Preferred Stock, the Mandatory Conversion Rate shall be adjusted so that Holders receive an additional number of shares of Common Stock equal to the amount
of accumulated and unpaid dividends that have not been declared (“Mandatory Conversion Additional Conversion Amount”) divided by the greater of the Floor Price and the Applicable Market Value. To the extent that the Mandatory
Conversion Additional Conversion Amount exceeds the product of such number of additional shares and the Applicable Market Value, the Corporation shall, if the Corporation is legally able to do so, declare and pay such excess amount in cash pro rata
to the Holders. 
 SECTION 8. Early Conversion at the Option of the Holder. (a) Other than during a Cash
Acquisition Conversion Period, the Holders shall have the right to convert their shares of Series B Preferred Stock, in whole or in part (but in no event less than one share of Series B Preferred Stock), at any time prior to the Mandatory Conversion
Date (“Early Conversion”), into shares of Common Stock at the Minimum Conversion Rate, subject to adjustment as described in Section 13 and to satisfaction of the conversion procedures set forth in Section 10. 

(b) If as of any Early Conversion Date the Corporation has not declared all or any portion of the accumulated and unpaid dividends for
all Dividend Periods ending prior to such Early Conversion Date, the Minimum Conversion Rate shall be adjusted so that the converting Holder receives an additional number of shares of Common Stock equal to the amount of accumulated and unpaid
dividends that have not been declared, divided by the greater of the Floor Price and the average of the Closing Prices of the Common Stock over the forty (40) consecutive Trading Day period ending on the third Trading Day immediately preceding
the Early Conversion Date (such average being referred to as the “Applicable Early Conversion Market Value”). Except as described above, upon any Early Conversion of any shares of the Series B Preferred Stock, the Corporation shall
make no payment or allowance for unpaid dividends on such shares of the Series B Preferred Stock. 

  
 20 

  
 SECTION 9.
Cash Acquisition Conversion. (a) If a Cash Acquisition occurs on or prior to the Mandatory Conversion Date, the Holders shall have the right to convert their shares of Series B Preferred Stock, in whole or in part (but in no event less than
one share of Series B Preferred Stock) (such right of the Holders to convert their shares pursuant to this Section 9(a) being the “Cash Acquisition Conversion”) during a period (the “Cash Acquisition Conversion
Period”) that begins on the effective date of such Cash Acquisition (the “Effective Date”) and ends at 5:00 p.m., New York City time, on the date that is 20 calendar days after the Effective Date (or, if earlier, the
Mandatory Conversion Date) into shares of Common Stock at the Cash Acquisition Conversion Rate (as adjusted pursuant to Section 13). 
 (b) On or before the twentieth calendar day prior to the anticipated Effective Date of the Cash Acquisition, or, if such prior notice is not practicable, no later than the tenth calendar day immediately
following such Effective Date, a written notice (the “Cash Acquisition Notice”) shall be sent by or on behalf of the Corporation, by first-class mail, postage prepaid, to the Holders of record as they appear on the stock register of
the Corporation. Such notice shall state: 
 (i) the anticipated Effective Date of the Cash Acquisition;

 (ii) that Holders shall have the right to effect a Cash Acquisition Conversion in connection with such Cash
Acquisition during the Cash Acquisition Conversion Period; 
 (iii) the Cash Acquisition Conversion Period; and

 (iv) the instructions a Holder must follow to effect a Cash Acquisition Conversion in connection with such
Cash Acquisition. 
 If the Corporation notifies holders of a Cash Acquisition later than the twentieth calendar day prior to
the Effective Date of the Cash Acquisition, the Cash Acquisition Conversion Period shall be extended by a number of days equal to the number of days from, and including, the twentieth calendar day prior to the Effective Date of the Cash Acquisition
to, but excluding, the date of such notice; provided that the Cash Acquisition Conversion Period shall not be extended beyond the Mandatory Conversion Date. 
 (c) Not later than the second Business Day following the Effective Date or, if later, the date the Corporation provides Holders notice of the Effective Date of the Cash Acquisition, the Corporation shall
notify Holders of: 
 (i) the Cash Acquisition Conversion Rate; 

  
 21 

  
 (ii)
the Cash Acquisition Dividend Make-whole Amount and whether the Corporation shall pay such amount in cash, shares of Common Stock or a combination thereof (and if so, shall specify the combination, if applicable); and 

(iii) the amount of accumulated and undeclared dividends as of the Effective Date and whether the Corporation shall pay
such amount by an adjustment of the Cash Acquisition Conversion Rate, a cash payment or a combination thereof (and if so, shall specify the combination, if applicable). 
 (d) Upon any conversion pursuant to Section 9(a), in addition to issuing to the converting Holders the number of shares of Common Stock at the Cash Acquisition Conversion Rate, the Corporation shall:

 (i) either (x) pay the converting Holders in cash, to the extent the Corporation is legally permitted to
do so, the present value, computed using a discount rate of          % per annum, of all dividend payments on the shares of Series B Preferred Stock subject to such Cash Acquisition Conversion for all
remaining Dividend Periods (excluding any accumulated and unpaid dividends as of the Effective Date) from such Effective Date to but excluding the Mandatory Conversion Date (the “Cash Acquisition Dividend Make-whole Amount”); or

 (y) increase the number of shares of Common Stock to be issued on conversion by a number equal to (A) the
Cash Acquisition Dividend Make-whole Amount divided by (B) the greater of the Floor Price and the Stock Price; provided that, to the extent the Cash Acquisition Dividend Make-whole Amount exceeds the product of the number of additional shares
and the Stock Price, the Corporation shall, if legally able to do so, declare and pay such excess amount in cash; and 
 (ii) to the extent that, as of the Effective Date, the Corporation has not declared all or any portion of the accumulated and unpaid dividends on the Series B Preferred Stock as of such Effective Date,
the Cash Acquisition Conversion Rate shall be further adjusted so that converting Holders receive an additional number of shares of Common Stock equal to the amount of such accumulated and unpaid dividends (the “Cash Acquisition Additional
Conversion Amount”), divided by the greater of the Floor Price and the Stock Price. To the extent that the Cash Acquisition Additional Conversion Amount exceeds the product of the number of additional shares and the Stock Price, the
Corporation shall, if legally able to do so, declare and pay such excess amount in cash. 

  
 22 

  
 (iii)
if the Effective Date falls during a Dividend Period for which the Corporation has declared a dividend, the Corporation shall pay such dividend on the relevant Dividend Payment Date to the holders of record on the immediately preceding Record Date
in accordance with Section 3. 
 SECTION 10. Conversion Procedures. (a) Pursuant to Section 7, on the
Mandatory Conversion Date, any outstanding shares of Series B Preferred Stock shall automatically convert into shares of Common Stock. The person or persons entitled to receive the shares of Common Stock issuable upon mandatory conversion of the
Series B Preferred Stock shall be treated as the record holder(s) of such shares of Common Stock as of 5:00 p.m., New York City time, on the Mandatory Conversion Date. Except as provided under Section 13(c)(iii), prior to 5:00 p.m., New York
City time, on the Mandatory Conversion Date, the shares of Common Stock issuable upon conversion of the Series B Preferred Stock shall not be deemed to be outstanding for any purpose and Holders shall have no rights with respect to such shares of
Common Stock, including voting rights, rights to respond to tender offers and rights to receive any dividends or other distributions on the Common Stock, by virtue of holding the Series B Preferred Stock. 

(b) To effect an Early Conversion pursuant to Section 8, a Holder must deliver to DTC the appropriate instruction form for
conversion pursuant to DTC’s conversion program and, if required, pay all transfer or similar taxes or duties, if any. 

The Early Conversion shall be effective on the date on which a Holder has satisfied the foregoing requirements, to the extent applicable
(“Early Conversion Date”). A Holder shall not be required to pay any transfer or similar taxes or duties relating to the issuance or delivery of Common Stock if such Holder exercises its conversion rights, but such Holder shall be
required to pay any transfer or similar tax or duty that may be payable relating to any transfer involved in the issuance or delivery of Common Stock in a name other than the name of such Holder. Shares of Common Stock shall be issued and delivered
only after all applicable taxes and duties, if any, payable by the Holder have been paid in full and shall be issued, together with any cash to which the converting Holder is entitled, on the later of the third Business Day immediately succeeding
the Early Conversion Date and the Business Day after the Holder has paid in full all applicable taxes and duties, if any. 
 The
person or persons entitled to receive the Common Stock issuable upon Early Conversion shall be treated for all purposes as the record holder(s) of such shares of Common Stock as of 5:00 p.m., New York City time, on the applicable Early Conversion
Date. No allowance or adjustment, except as set forth in Section 13(c)(iii), shall be made in respect of dividends payable to holders of Common Stock of record as of any date prior to such applicable Early

  
 23 

 
Conversion Date. Prior to such applicable Early Conversion Date, shares of Common Stock issuable upon conversion of any shares of Series B Preferred Stock shall not be deemed outstanding for any
purpose, and Holders shall have no rights with respect to the Common Stock (including voting rights, rights to respond to tender offers for the Common Stock and rights to receive any dividends or other distributions on the Common Stock) by virtue of
holding shares of Series B Preferred Stock. 
 In the event that an Early Conversion is effected with respect to shares of
Series B Preferred Stock representing less than all the shares of Series B Preferred Stock held by a Holder, upon such Early Conversion the Corporation shall instruct the Registrar to revise its records accordingly. 

(c) To effect a Cash Acquisition Conversion pursuant to Section 9, a Holder must, during the Cash Acquisition Conversion Period,
deliver to DTC the appropriate instruction form for conversion pursuant to DTC’s conversion program and, if required, pay all transfer or similar taxes or duties, if any. 
 The Cash Acquisition Conversion shall be effective on the date on which a Holder has satisfied the foregoing requirements, to the extent applicable (the “Cash Acquisition Conversion
Date”). A Holder shall not be required to pay any transfer or similar taxes or duties relating to the issuance or delivery of Common Stock if such Holder exercises its conversion rights, but such Holder shall be required to pay any transfer
or similar tax or duty that may be payable relating to any transfer involved in the issuance or delivery of Common Stock in a name other than the name of such Holder. Shares of Common Stock shall be issued and delivered only after all applicable
taxes and duties, if any, payable by the Holder have been paid in full and shall be issued, together with any cash to which the converting Holder is entitled, on the later of the third Business Day immediately succeeding the Cash Acquisition
Conversion Date and the Business Day after the Holder has paid in full all applicable taxes and duties, if any. For the avoidance of doubt, Holders who do not submit their instruction form for conversion during the Cash Acquisition Conversion Period
shall not be entitled to convert their shares of Series B Preferred Stock at the Cash Acquisition Conversion Rate or to receive the Cash Acquisition Dividend Make-whole Amount. 

The person or persons entitled to receive the Common Stock issuable upon such Cash Acquisition Conversion shall be treated for all
purposes as the record holder(s) of such shares of Common Stock as of 5:00 p.m., New York City time, on the applicable Cash Acquisition Conversion Date. No allowance or adjustment, except as set forth in Section 13(c)(iii), shall be made in
respect of dividends payable to holders of Common Stock of record as of any date prior to such applicable Cash Acquisition Conversion Date. Prior to such applicable Cash Acquisition Conversion Date, shares of Common Stock issuable

  
 24 

 
upon conversion of any shares of Series B Preferred Stock shall not be deemed outstanding for any purpose, and Holders shall have no rights with respect to the Common Stock (including voting
rights, rights to respond to tender offers for the Common Stock and rights to receive any dividends or other distributions on the Common Stock) by virtue of holding shares of Series B Preferred Stock. 

In the event that a Cash Acquisition Conversion is effected with respect to shares of Series B Preferred Stock representing less than all
the shares of Series B Preferred Stock held by a Holder, upon such Cash Acquisition Conversion the Corporation shall instruct the Registrar to revise its records accordingly. 
 (d) In the event that a Holder shall not by written notice designate the name in which shares of Common Stock to be issued upon conversion of such Series B Preferred Stock should be registered, the
Corporation shall be entitled to register such shares, and make such payment, in the name of the Holder as shown on the records of the Corporation. 
 (e) Shares of Series B Preferred Stock shall cease to be outstanding on the applicable Conversion Date, subject to the right of Holders of such shares to receive shares of Common Stock issuable upon
conversion of such shares of Series B Preferred Stock and other amounts and shares of Common Stock, if any, to which they are entitled pursuant to Sections 7, 8 or 9, as applicable. 

SECTION 11. Reservation of Common Stock. (a) The Corporation shall at all times reserve and keep available out of its
authorized and unissued Common Stock or shares held in the treasury of the Corporation, solely for issuance upon the conversion of shares of Series B Preferred Stock as herein provided, free from any preemptive or other similar rights, the maximum
number of shares of Common Stock as shall from time to time be issuable upon the conversion of all the shares of Series B Preferred Stock then outstanding. For purposes of this Section 11(a), the number of shares of Common Stock that shall be
deliverable upon the conversion of all outstanding shares of Series B Preferred Stock shall be computed as if at the time of computation all such outstanding shares were held by a single Holder. 

(b) Notwithstanding the foregoing, the Corporation shall be entitled to deliver upon conversion of shares of Series B Preferred Stock, as
herein provided, shares of Common Stock reacquired and held in the treasury of the Corporation (in lieu of the issuance of authorized and unissued shares of Common Stock), so long as any such treasury shares are free and clear of all liens, charges,
security interests or encumbrances (other than liens, charges, security interests and other encumbrances created by the Holders). 

  
 25 

  
 (c) All shares of
Common Stock delivered upon conversion of the Series B Preferred Stock shall be duly authorized, validly issued, fully paid and non-assessable, free and clear of all liens, claims, security interests and other encumbrances (other than liens,
charges, security interests and other encumbrances created by the Holders). 
 (d) Prior to the delivery of any securities that
the Corporation shall be obligated to deliver upon conversion of the Series B Preferred Stock, the Corporation shall use reasonable best efforts to comply with all federal and state laws and regulations thereunder requiring the registration of such
securities with, or any approval of or consent to the delivery thereof by, any governmental authority. 
 (e) The Corporation
hereby covenants and agrees that, if at any time the Common Stock shall be listed on the New York Stock Exchange or any other national securities exchange or automated quotation system, the Corporation shall, if permitted by the rules of such
exchange or automated quotation system, list and keep listed, so long as the Common Stock shall be so listed on such exchange or automated quotation system, all Common Stock issuable upon conversion of the Series B Preferred Stock; provided,
however, that if the rules of such exchange or automated quotation system permit the Corporation to defer the listing of such Common Stock until the first conversion of Series B Preferred Stock into Common Stock in accordance with the provisions
hereof, the Corporation covenants to list such Common Stock issuable upon first conversion of the Series B Preferred Stock in accordance with the requirements of such exchange or automated quotation system at such time. 

SECTION 12. Fractional Shares. (a) No fractional shares of Common Stock shall be issued as a result of any conversion of
shares of Series B Preferred Stock. 
 (b) In lieu of any fractional share of Common Stock otherwise issuable in respect of any
mandatory conversion pursuant to Section 7 or a conversion at the option of the Holder pursuant to Section 8 or Section 9, the Corporation shall pay an amount in cash (computed to the nearest cent) equal to the product of
(i) that same fraction and (ii) the average of the Closing Prices over the five consecutive Trading Day period ending on the second Trading Day immediately preceding the Mandatory Conversion Date, Cash Acquisition Conversion Date or Early
Conversion Date, as applicable. 
 (c) If more than one share of the Series B Preferred Stock is surrendered for conversion at
one time by or for the same Holder, the number of full shares of Common Stock issuable upon conversion thereof shall be computed on the basis of the aggregate number of shares of the Series B Preferred Stock so surrendered. 

  
 26 

  
 SECTION 13.
Anti-Dilution Adjustments to the Fixed Conversion Rates. (a) Each Fixed Conversion Rate shall be subject to the following adjustments: 
 (i) Stock Dividends and Distributions. If the Corporation issues Common Stock to all holders of Common Stock as a dividend or other distribution, each Fixed Conversion Rate in effect at 5:00 p.m.,
New York City time, on the date fixed for determination of the holders of Common Stock entitled to receive such dividend or other distribution shall be divided by a fraction: 

(A) the numerator of which is the number of shares of Common Stock outstanding at 5:00 p.m., New York City time, on the
date fixed for such determination, and 
 (B) the denominator of which is the sum of the number of shares of
Common Stock outstanding at 5:00 p.m., New York City time, on the date fixed for such determination and the total number of shares of Common Stock constituting such dividend or other distribution. 

Any adjustment made pursuant to this clause (i) shall become effective immediately after 5:00 p.m., New York City time, on the date fixed for such
determination. If any dividend or distribution described in this clause (i) is declared but not so paid or made, each Fixed Conversion Rate shall be readjusted, effective as of the date the Board of Directors publicly announces its decision not
to make such dividend or distribution, to such Fixed Conversion Rate that would be in effect if such dividend or distribution had not been declared. For the purposes of this clause (i), the number of shares of Common Stock outstanding at 5:00 p.m.,
New York City time, on the date fixed for such determination shall not include shares held in treasury by the Corporation but shall include any shares issuable in respect of any scrip certificates issued in lieu of fractions of shares of Common
Stock. The Corporation shall not pay any dividend or make any distribution on shares of Common Stock held in treasury by the Corporation. 
 (ii) Issuance of Stock Purchase Rights. If the Corporation issues to all holders of Common Stock rights or warrants (other than rights or warrants issued pursuant to a dividend reinvestment plan or
share purchase plan or other similar plans), entitling such holders, for a period of up to 45 calendar days from the date of issuance of such rights or warrants, to subscribe for or purchase shares of Common Stock at a price per share less than the
Current Market Price, each Fixed Conversion Rate in effect at 5:00 p.m., New York City time, on the date fixed for determination of the holders of Common Stock entitled to receive such rights or warrants shall be increased by multiplying such Fixed
Conversion Rate by a fraction: 
 (A) the numerator of which is the sum of the number of shares of Common Stock
outstanding at 5:00 p.m., New York City time, on the date fixed for such determination and the number of shares of Common Stock issuable pursuant to such rights or warrants, and 

  
 27 

  
 (B) the
denominator of which shall be the sum of the number of shares of Common Stock outstanding at 5:00 p.m., New York City time, on the date fixed for such determination and the number of shares of Common Stock equal to the quotient of the aggregate
offering price payable to exercise such rights or warrants divided by the Current Market Price. 
 Any adjustment made pursuant to this clause
(ii) shall become effective immediately after 5:00 p.m., New York City time, on the date fixed for such determination. In the event that such rights or warrants described in this clause (ii) are not so issued, each Fixed Conversion Rate
shall be readjusted, effective as of the date the Board of Directors publicly announces its decision not to issue such rights or warrants, to such Fixed Conversion Rate that would then be in effect if such issuance had not been declared. To the
extent that such rights or warrants are not exercised prior to their expiration or shares of Common Stock are otherwise not delivered pursuant to such rights or warrants upon the exercise of such rights or warrants, each Fixed Conversion Rate shall
be readjusted to such Fixed Conversion Rate that would then be in effect had the adjustment made upon the issuance of such rights or warrants been made on the basis of the delivery of only the number of shares of Common Stock actually delivered. In
determining the aggregate offering price payable to exercise such rights or warrants, there shall be taken into account any consideration received for such rights or warrants and the value of such consideration (if other than cash, to be determined
by the Board of Directors (or an authorized committee thereof)). For the purposes of this clause (ii), the number of shares of Common Stock at the time outstanding shall not include shares held in treasury by the Corporation but shall include any
shares issuable in respect of any scrip certificates issued in lieu of fractions of shares of Common Stock. The Corporation shall not issue any such rights or warrants in respect of shares of Common Stock held in treasury by the Corporation.

 (iii) Subdivisions and Combinations of the Common Stock. If outstanding shares of Common Stock shall be
subdivided into a greater number of shares of Common Stock or combined into a lesser number of shares of Common Stock, each Fixed Conversion Rate in effect at 5:00 p.m., New York City time, on the effective date of such subdivision or combination
shall be multiplied by a fraction: 
 (A) the numerator of which is the number of shares of Common Stock that
would be outstanding immediately after, and solely as a result of, such subdivision or combination, and 

  
 28 

  
 (B) the
denominator of which is the number of shares of Common Stock outstanding immediately prior to such subdivision or combination. 
 Any adjustment
made pursuant to this clause (iii) shall become effective immediately after 5:00 p.m., New York City time, on the effective date of such subdivision or combination. 

(iv) Debt or Asset Distribution. (A) If the Corporation distributes to all holders of Common Stock evidences
of its indebtedness, shares of capital stock, securities, rights to acquire the Corporation’s capital stock, cash or other assets (excluding (1) any dividend or distribution covered by Section 13(a)(i), (2) any rights or warrants
covered by Section 13(a)(ii), (3) any dividend or distribution covered by Section 13(a)(v) and (4) any Spin-Off to which the provisions set forth in Section 13(a)(iv)(B) apply), each Fixed Conversion Rate in effect at 5:00
p.m., New York City time, on the date fixed for the determination of holders of Common Stock entitled to receive such distribution shall be multiplied by a fraction: 

(1) the numerator of which is the Current Market Price, and 

(2) the denominator of which is the Current Market Price minus the Fair Market Value, on such date fixed for
determination, of the portion of the evidences of indebtedness, shares of capital stock, securities, rights to acquire the Corporation’s capital stock, cash or other assets so distributed applicable to one share of Common Stock. 

(B) In the case of a Spin-Off, each Fixed Conversion Rate in effect at 5:00 p.m., New York City time, on the date fixed
for the determination of holders of Common Stock entitled to receive such distribution shall be multiplied by a fraction: 
 (1) the numerator of which is the sum of (x) the Current Market Price of the Common Stock and (y) the Fair Market Value of the portion of those shares of capital stock or similar equity
interests so distributed which is applicable to one share of Common Stock as of the fifteenth Trading Day after the effective date for such 

  
 29 

 
distribution (or, if such shares of capital stock or equity interests are listed on a national or regional securities exchange, the Current Market Price of such securities), and 

(2) the denominator of which is the Current Market Price of the Common Stock. 

Any adjustment made pursuant to this clause (iv) shall become effective immediately after 5:00 p.m., New York City time, on the date fixed for the
determination of the holders of Common Stock entitled to receive such distribution. In the event that such distribution described in this clause (iv) is not so made, each Fixed Conversion Rate shall be readjusted, effective as of the date the
Board of Directors publicly announces its decision not to make such distribution, to such Fixed Conversion Rate that would then be in effect if such distribution had not been declared. If an adjustment to each Fixed Conversion Rate is required under
this clause (iv) during any settlement period in respect of shares of Series B Preferred Stock that have been tendered for conversion, delivery of the shares of Common Stock issuable upon conversion shall be delayed to the extent necessary in
order to complete the calculations provided for in this clause (iv). 
 (v) Cash Distributions. If the
Corporation distributes an amount exclusively in cash to all holders of Common Stock (excluding (1) any cash that is distributed in a Reorganization Event to which Section 13(e) applies, (2) any dividend or distribution in connection
with the liquidation, dissolution or winding up of the Corporation or (3) any consideration payable in as part of a tender or exchange offer by the Corporation or any subsidiary of the Corporation), each Fixed Conversion Rate in effect at 5:00
p.m., New York City time, on the date fixed for determination of the holders of Common Stock entitled to receive such distribution shall be multiplied by a fraction: 
 (1) the numerator of which is the Current Market Price, and 
 (2) the denominator
of which is the Current Market Price minus the amount per share of Common Stock of such distribution. 
 Any adjustment made pursuant to this
clause (v) shall become effective immediately after 5:00 p.m., New York City time, on the date fixed for the determination of the holders of Common Stock entitled to receive such distribution. In the event that any distribution described in
this clause (v) is not so made, each Fixed Conversion Rate shall be readjusted, effective as of the date the Board of Directors publicly announces its decision not to make such distribution, to such Fixed Conversion Rate which would then be in
effect if such distribution had not been declared. 

  
 30 

  
 (vi)
Self Tender Offers and Exchange Offers. If the Corporation or any subsidiary of the Corporation successfully completes a tender or exchange offer pursuant to a Schedule TO or registration statement on Form S-4 for Common Stock (excluding any
securities convertible or exchangeable for Common Stock), where the cash and the value of any other consideration included in the payment per share of Common Stock exceeds the Current Market Price, each Fixed Conversion Rate in effect at 5:00 p.m.,
New York City time, on the date of expiration of the tender or exchange offer (the “Expiration Date”) shall be multiplied by a fraction: 
 (A) the numerator of which shall be equal to the sum of: 
 (1) the
aggregate cash and Fair Market Value on the Expiration Date of any other consideration paid or payable for shares of Common Stock purchased in such tender or exchange offer; and 

(2) the product of the Current Market Price and the number of shares of Common Stock outstanding immediately after such
tender or exchange offer expires (after giving effect to the purchase or exchange of shares pursuant to such tender or exchange offer); and 
 (B) the denominator of which shall be equal to the product of (1) the Current Market Price and (2) the number of shares of Common Stock outstanding immediately prior to the time such tender or
exchange offer expires. 
 Any adjustment made pursuant to this clause (vi) shall become effective immediately after 5:00 p.m., New York
City time, on the seventh Trading Day immediately following the Expiration Date. In the event that the Corporation or one of its subsidiaries is obligated to purchase shares of Common Stock pursuant to any such tender offer or exchange offer, but
the Corporation or such subsidiary is permanently prevented by applicable law from effecting any such purchases, or all such purchases are rescinded, then each Fixed Conversation Rate shall be readjusted to such Fixed Conversion Rate that would then
be in effect if such tender offer or exchange offer had not been made. Except as set forth in the preceding sentence, if the application of this clause (vi) to any tender offer or exchange offer would result in a decrease in each Fixed
Conversation Rate, no adjustment shall be made for such tender offer or exchange offer under this clause (vi). If an adjustment to each Fixed Conversion Rate is required pursuant to this 

  
 31 

 
clause (vi) during any settlement period in respect of shares of Series B Preferred Stock that have been tendered for conversion, delivery of the related conversion consideration shall be
delayed to the extent necessary in order to complete the calculations provided for in this clause (vi). 
 (vii)
Except with respect to a Spin-Off, in cases where the Fair Market Value of the evidences of the Corporation’s indebtedness, shares of capital stock, securities, rights to acquire the Corporation’s capital stock, cash or other assets as to
which Section 13(a)(iv) or Section 13(a)(v) apply, applicable to one share of Common Stock, distributed to holders of Common Stock equals or exceeds the average of the Closing Prices of the Common Stock over the five consecutive Trading
Day period ending on the Trading Day before the Ex-Date for such distribution, rather than being entitled to an adjustment in each Fixed Conversion Rate, Holders shall be entitled to receive upon conversion, in addition to a number of shares of
Common Stock otherwise deliverable on the applicable Conversion Date, the kind and amount of the evidences of the Corporation’s indebtedness, shares of capital stock, securities, rights to acquire the Corporation’s capital stock, cash or
other assets comprising the distribution that such Holder would have received if such Holder had owned immediately prior to the record date for determining the holders of Common Stock entitled to receive the distribution, for each share of Series B
Preferred Stock, a number of shares of Common Stock equal to the Maximum Conversion Rate in effect on the date of such distribution. 
 (viii) Rights Plans. To the extent that the Corporation has a rights plan in effect with respect to the Common Stock on any Conversion Date, upon conversion of any Series B Preferred Stock, Holders
shall receive, in addition to the Common Stock, the rights under such rights plan, unless, prior to such Conversion Date, the rights have separated from the Common Stock, in which case each Fixed Conversion Rate shall be adjusted at the time of
separation of such rights as if the Corporation made a distribution to all holders of the Common Stock as described in Section 13(a)(iv), subject to readjustment in the event of the expiration, termination or redemption of such rights. Any
distribution of rights or warrants pursuant to a rights plan that would allow Holders to receive upon conversion, in addition to any shares of Common Stock, the rights described therein (unless such rights or warrants have separated from Common
Stock) shall not constitute a distribution of rights or warrants that would entitle Holders to an adjustment to the Fixed Conversion Rates. 
 (b) Adjustment for Tax Reasons. The Corporation may make such increases in each Fixed Conversion Rate, in addition to any other increases required by this Section 13, as the Corporation deems
advisable to avoid or diminish any income tax to holders of the Common Stock resulting from any 

  
 32 

 
dividend or distribution of shares of Common Stock (or issuance of rights or warrants to acquire shares of Common Stock) or from any event treated as such for income tax purposes or for any other
reasons; provided that the same proportionate adjustment must be made to each Fixed Conversion Rate. 
 (c) Calculation of
Adjustments; Adjustments to Threshold Appreciation Price, Initial Price and Stock Price. (i) All adjustments to each Fixed Conversion Rate shall be calculated to the nearest 1/10,000th of a share of Common Stock. Prior to the Mandatory
Conversion Date, no adjustment in a Fixed Conversion Rate shall be required unless such adjustment would require an increase or decrease of at least one percent therein; provided, that any adjustments which by reason of this
Section 13(c)(i) are not required to be made shall be carried forward and taken into account in any subsequent adjustment; provided, however that with respect to adjustments to be made to the Fixed Conversion Rates in connection
with cash dividends paid by the Corporation, the Fixed Conversion Rates shall be adjusted regardless of whether such aggregate adjustments amount to one percent or more of the Fixed Conversion Rates no later than
             of each calendar year; provided, further that on the earlier of the Mandatory Conversion Date, an Early Conversion Date and the Effective Date of a Cash
Acquisition, adjustments to each Fixed Conversion Rate shall be made with respect to any such adjustment carried forward that has not been taken into account before such date. 

(ii) If an adjustment is made to the Fixed Conversion Rates pursuant to Sections 13(a) or 13(b), an inversely proportional
adjustment shall also be made to the Threshold Appreciation Price and the Initial Price solely for purposes of determining which of clauses (i), (ii) and (iii) of Section 7(b) shall apply on the Mandatory Conversion Date. Such
adjustment shall be made by dividing each of the Threshold Appreciation Price and the Initial Price by a fraction, the numerator of which shall be either Fixed Conversion Rate immediately after such adjustment pursuant to Sections 13(a) or 13(b) and
the denominator of which shall be such Fixed Conversion Rate immediately before such adjustment. The Corporation shall make appropriate adjustments to the Closing Prices prior to the relevant Ex-Date, effective date or Expiration Date, as the case
may be, used to calculate the Applicable Market Value to account for any adjustments to the Initial Price, the Threshold Appreciation Price and the Fixed Conversion Rates that become effective during the 40 consecutive Trading Day period used for
calculating the Applicable Market Value. 
 (iii) If: 

(A) the record date for a dividend or distribution on Common Stock occurs after the end of the 40 consecutive Trading Day
period used for calculating the Applicable Market Value and before the Mandatory Conversion Date; and 

  
 33 

  
 (B)
such dividend or distribution would have resulted in an adjustment of the number of shares of Common Stock issuable to the Holders had such record date occurred on or before the last Trading Day of such 40-Trading Day period, 

then the Corporation shall deem the Holders to be holders of record of Common Stock for purposes of that dividend or distribution. In this case, the
Holders would receive the dividend or distribution on Common Stock together with the number of shares of Common Stock issuable upon the Mandatory Conversion Date. 

(iv) If an adjustment is made to the Fixed Conversion Rates pursuant to Sections 13(a) or 13(b), a proportional adjustment
shall be made to each Stock Price column heading set forth in the table included in the definition of “Cash Acquisition Conversion Rate.” Such adjustment shall be made by multiplying each Stock Price included in such table by a fraction,
the numerator of which is the Minimum Conversion Rate immediately prior to such adjustment and the denominator of which is the Minimum Conversion Rate immediately after such adjustment. 

(v) No adjustment to the Fixed Conversion Rates shall be made if Holders may participate in the transaction that would
otherwise give rise to an adjustment as if they held, for each share of Series B Preferred Stock, a number of shares of Common Stock equal to the Maximum Conversion Rate then in effect. In addition, the applicable Fixed Conversion Rate shall not be
adjusted: 
 (A) upon the issuance of any shares of Common Stock pursuant to any present or future plan providing
for the reinvestment of dividends or interest payable on the Corporation’s securities and the investment of additional optional amounts in shares of Common Stock under any plan; 

(B) upon the issuance of any shares of Common Stock or rights or warrants to purchase those shares pursuant to any present
or future employee, director or consultant benefit plan or program of or assumed by the Corporation or any of its subsidiaries; 
 (C) upon the issuance of any shares of Common Stock pursuant to any option, warrant, right or exercisable, exchangeable or convertible security outstanding as of the Issue Date; 

(D) for a change in the par value or no par value of the Common Stock; or 

  
 34 

  
 (E) for
accumulated and unpaid dividends on the Series B Preferred Stock, except as provided under Sections 7, 8 and 9. 
 (d) Notice
of Adjustment. Whenever the Fixed Conversion Rates and the Cash Acquisition Conversion Rates are to be adjusted, the Corporation shall: 
 (i) compute such adjusted Fixed Conversion Rates and Cash Acquisition Conversion Rates and prepare and transmit to the Transfer Agent an Officer’s Certificate setting forth such adjusted Fixed
Conversion Rates and Cash Acquisition Conversion Rates, the method of calculation thereof in reasonable detail and the facts requiring such adjustment and upon which such adjustment is based; 

(ii) within five Business Days following the occurrence of an event that requires an adjustment to the Fixed Conversion
Rates and the Cash Acquisition Conversion Rates (or if the Corporation is not aware of such occurrence, as soon as practicable after becoming so aware), provide, or cause to be provided, a written notice to the Holders of the occurrence of such
event; and 
 (iii) within five Business Days following the determination of such adjusted Fixed Conversion Rates
and Cash Acquisition Conversion Rates provide, or cause to be provided, to the Holders a statement setting forth in reasonable detail the method by which the adjustment to such Fixed Conversion Rates and Cash Acquisition Conversion Rates, as
applicable, was determined and setting forth such adjusted Fixed Conversion Rates or Cash Acquisition Conversion Rates. 
 (e)
Reorganization Events. In the event of: 
 (i) any consolidation or merger of the Corporation with or into
another Person (other than a merger or consolidation in which the Corporation is the continuing corporation and in which the Common Stock outstanding immediately prior to the merger or consolidation is not exchanged for cash, securities or other
property of the Corporation or another Person); 
 (ii) any sale, transfer, lease or conveyance to another Person
of all or substantially all of the property and assets of the Corporation; 
 (iii) any reclassification of
Common Stock into securities including securities other than Common Stock; or 
 (iv) any statutory exchange of
securities of the Corporation with another Person (other than in connection with a merger or acquisition), 

  
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 in each case, as a result of which the
Corporation’s Common Stock would be converted into, or exchanged for, securities, cash or property (each, a “Reorganization Event”), each share of Series B Preferred Stock outstanding immediately prior to such Reorganization
Event shall, without the consent of Holders, become convertible into the kind of securities, cash and other property (the “Exchange Property”) that such Holder would have been entitled to receive if such Holder had converted its
Series B Preferred Stock into Common Stock immediately prior to such Reorganization Event. For purposes of the foregoing, the type and amount of Exchange Property in the case of any Reorganization Event that causes the Common Stock to be converted
into the right to receive more than a single type of consideration (determined based in part upon any form of shareholder election) shall be deemed to be the weighted average of the types and amounts of consideration received by the holders of
Common Stock that affirmatively make such an election. For purposes of this Section 13(e), a “Unit of Exchange Property” means the type and amount of such Exchange Property attributable to one share of Common Stock. The number
of Units of Exchange Property for each share of Series B Preferred Stock converted following the effective date of such Reorganization Event shall be determined based on the Mandatory Conversion Rate, Minimum Conversion Rate or Cash Acquisition
Conversion Rate, as the case may be, then in effect on the applicable Conversion Date (without any interest thereon and without any right to dividends or distributions thereon which have a record date that is prior to the Conversion Date). In the
event of any such Reorganization Event, the applicable conversion rate shall be (1) in the case of an Early Conversion, the Minimum Conversion Rate (with any adjustment thereto under Section 8(b) based on the Applicable Early Conversion
Market Value as determined using the alternative formulation of Applicable Early Conversion Market Value set forth in the following paragraph) and (2) in the case of a Mandatory Conversion, the Mandatory Conversion Rate (determined under
Section 7 based upon the Applicable Market Value as determined using the alternative formulation of Applicable Market Value set forth in the following paragraph). 
 For purposes of this Section 13(e), “Applicable Market Value” and “Applicable Early Conversion Market Value” shall be deemed to refer to the Applicable Market Value or Applicable
Early Conversion Market Value, as the case may be, of the Exchange Property and such value shall be determined (A) with respect to any publicly traded securities that compose all or part of the Exchange Property, based on the Closing Price of
such securities, (B) in the case of any cash that composes all or part of the Exchange Property, based on the amount of such cash and (C) in the case of any other property that composes all or part of the Exchange Property, based on the
value of such property, as determined by a nationally recognized independent investment banking firm retained by the Corporation for this purpose. For purposes of this Section 13(e), the term “Closing Price” shall be deemed to refer
to the closing sale price, last quoted bid price or mid-point of the last bid and ask prices, as the case may be, of any 

  
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publicly traded securities that comprise all or part of the Exchange Property. For purposes of this Section 13(e), references to Common Stock in the definitions of “Trading Day,”
“Applicable Market Value” and “Applicable Early Conversion Market Value” shall be replaced by references to any publicly traded securities that comprise all or part of the Exchange Property. 

The above provisions of this Section 13(e) shall similarly apply to successive Reorganization Events and the provisions of
Section 13 shall apply to any shares of capital stock of the Corporation (or any successor) received by the holders of Common Stock in any such Reorganization Event. 
 The Corporation (or any successor) shall, within 20 days of the occurrence of any Reorganization Event, provide written notice to the Holders of such occurrence of such event and of the kind and amount of
the cash, securities or other property that constitute the Exchange Property. Failure to deliver such notice shall not affect the operation of this Section 13(e). 
 SECTION 14. Transfer Agent, Registrar, and Conversion and Dividend Disbursing Agent. The duly appointed Transfer Agent, Registrar and Conversion and Dividend Disbursing Agent for the Series B
Preferred Stock shall be Computershare Trust Company, N.A. The Corporation may, in its sole discretion, remove the Transfer Agent, Registrar or Conversion and Dividend Disbursing Agent in accordance with the agreement between the Corporation and the
Transfer Agent, Registrar or Conversion and Dividend Disbursing Agent, as the case may be; provided that if the Corporation removes Computershare Trust Company, N.A., the Corporation shall appoint a successor transfer agent, registrar and conversion
and dividend disbursing agent, as the case may be, who shall accept such appointment prior to the effectiveness of such removal. Upon any such removal or appointment, the Corporation shall send notice thereof by first-class mail, postage prepaid, to
the Holders. 
 SECTION 15. Record Holders. To the fullest extent permitted by applicable law, the Corporation and
any transfer agent for the Series B Preferred Stock may deem and treat the record holder of any share of the Series B Preferred Stock as the true and lawful owner thereof for all purposes, and neither the Corporation nor any such transfer agent
shall be affected by any notice to the contrary. 
 SECTION 16. Notices. All notices or communications in respect of
the Series B Preferred Stock shall be sufficiently given if given in writing and delivered in person or by first class mail, postage prepaid, or if given in such other manner as may be permitted in this Certificate of Designations, in the Charter or
Bylaws or by applicable law. Notwithstanding the foregoing, such notices may also be given to the holders of the Series B Preferred Stock in any manner permitted by The Depository Trust Corporation (“DTC”) or any similar facility
used for the settlement of transactions in the Series B Preferred Stock. 

  
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 SECTION 17. No
Preemptive Rights. No holder of the Series B Preferred Stock shall be entitled as a matter of right to subscribe for or purchase, or have any preemptive right or any other right to remediate dilution with respect to, any part of any new or
additional issue of stock of any class whatsoever, or of securities convertible into any stock of any class whatsoever, whether now or hereafter authorized and whether issued for cash or other consideration or by way of dividend. 

SECTION 18. Other Rights. The shares of the Series B Preferred Stock shall not have any rights, preferences, privileges or
voting powers or relative, participating, optional or other special rights, or qualifications, limitations or restrictions thereof, other than as set forth herein or in the Charter or as provided by applicable law. 

SECTION 19. Form. The Series B Preferred Stock shall be issued as uncertificated shares. Members of, or participants in, the
Depositary (“Agent Members”) shall have no rights under this Certificate of Designations, with respect to any shares of Series B Preferred Stock held on their behalf in book-entry form by the Depositary or by the Registrar, and the
Depositary may be treated by the Corporation, the Registrar and any agent of the Corporation or the Registrar as the absolute owner of the Series B Preferred Stock. Notwithstanding the foregoing, nothing herein shall prevent the Corporation, the
Registrar or any agent of the Corporation or the Registrar from giving effect to any written certification, proxy or other authorization furnished by the Depositary or impair, as between the Depositary and its Agent Members, the operation of
customary practices of the Depositary governing the exercise of the rights of a holder of a beneficial interest in any shares of Series B Preferred Stock. The Holders may grant proxies or otherwise authorize any Person to take any action that a
Holder is entitled to take pursuant to the Series B Preferred Stock, this Certificate of Designations or the Charter. 

SECTION 20. Miscellaneous. (a) The Corporation shall pay any and all stock transfer and documentary stamp taxes that may
be payable in respect of any issuance or delivery of shares of Series B Preferred Stock or shares of Common Stock or other securities issued on account of Series B Preferred Stock pursuant hereto. The Corporation shall not, however, be required to
pay any such tax that may be payable in respect of any transfer involved in the issuance or delivery of shares of Common Stock or other securities in a name other than that in which the shares of Series B Preferred Stock with respect to which such
shares or other securities are issued or delivered were registered, and shall not be required to make any such issuance or delivery unless and until the Person otherwise entitled to such issuance or delivery has paid to the Corporation the amount of
any such tax or has established, to the satisfaction of the Corporation, that such tax has been paid or is not payable. 

  
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 (b) The Liquidation
Preference and the Dividend Rate each shall be subject to equitable adjustment whenever there shall occur a stock split, combination, reclassification or other similar event involving the Series B Preferred Stock. Such adjustments shall be
determined in good faith by the Board of Directors and submitted by the Board of Directors to the Transfer Agent. 

  
 39

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