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Re: Dividend? no more!     20-Jan-09 06:47 pm    
No more dividends per the merger agreement filed with SEC Dec 2 on 8-k.

(2) the Company shall not, and shall not permit any of its Subsidiaries to, without Parent’s prior written consent:
(i) (x) declare, set aside or pay any dividends on, or make any other distributions (whether in cash, stock or property) in respect of, any of its capital stock, other than dividends or distributions by a direct or indirect wholly owned Subsidiary of the Company to its shareholders, (y) split, combine or reclassify any of its capital stock or issue or authorize the issuance of any other securities in respect of, in lieu of or in substitution for shares of its capital stock or (z) purchase, redeem or otherwise acquire any shares of its capital stock or any other securities thereof or any rights, warrants or options to acquire any such shares or other securities, except for (A) redemptions of the Company Convertible Notes pursuant to Section 6.10 and (B) purchases, redemptions or other acquisitions of capital stock or other securities required or, in the case of the repurchase of Company Restricted Shares in connection with forfeitures, permitted under the terms of any plans, arrangements or other Contracts existing on the date hereof between the Company or any of its Subsidiaries and any director or employee of the Company or any of its Subsidiaries (to the extent complete and accurate copies of such plans, arrangements or other Contracts (or, with respect to Company Stock Options, forms of stock option agreements) have been heretofore made available to Parent);
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Guess we didn't get any dividend this month or am I inc...
forty_licks... Rate it 18-Jan-09 01:48 am  
 
Re: Dividend? no more!
stocktracke... (1 Rating) 20-Jan-09 06:47 pm  
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Mentor Corp. (MNT)

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