PRINCIPAL PARTNERS LARGECAP BLEND FUND, INC.
INCORPORATED UNDER THE LAWS OF THE STATE OF MARYLAND
Number Class A Shares
BLF-_________
This Certifies that _____________________________
is the owner of _________________ Class A share of fully paid, non-assessable,
$.01 par value capital stock of Principal Pacific Basin Fund, Inc.,
transferable only on the books of the Corporation by the holder hereof in person
or by attorney upon the surrender of this certificate duly endorsed. The holder
hereof by accepting this certificate expressly assents to and is bound by the
Article of Incorporation, as amended, and the By-Laws, as amended, of the
Corporation, copies of which are available for inspection at the principal
office of the Corporation.
THE SHARES REPRESENTED BY THIS CERTIFICATE WILL BE REDEEMED BY THE CORPORATION
UPON REQUEST OF THE STOCKHOLDER AS PROVIDED IN THE ARTICLES OF INCORPORATION OF
THE CORPORATION. IN ADDITION, THE ARTICLES OF INCORPORATION PROVIDE THAT THE
CORPORATION, AT ITS OPTION, MAY PURCHASE OR REDEEM SHARES OF ITS COMMON STOCK
UNDER CERTAIN OTHER CIRCUMSTANCES. THE PROVISIONS OF THE CORPORATION'S ARTICLES
OF INCORPORATION RELATING TO SUCH PURCHASES OR REDEMPTIONS BY THE CORPORATION
APPEAR ON THE REVERSE OF THIS CERTIFICATE. THE NUMBER OF SHARES REPRESENTED BY
THIS CERTIFICATE IS SUBJECT TO REDUCTION BY REASON OF CERTAIN OF SUCH PROVISIONS
RELATING TO A REDEMPTION.
In witness whereof, the Corporaiton has caused this certificate to be signed by
its duly authorized Officers and to be sealed with the seal of the Corporation.
COUNTERSIGNED AND REGISTERD:
PRINCIPAL MANAGEMENT CORPORATION
TRANSFER AGENT AND REGISTRAR
BY:
AUTHORIZED OFFICER
Principal Corporate Seal /s/Ralph C. Eucher
Mutual Principal PRESIDENT
Funds Pacific
Basin
Fund, Inc. /s/A.S. Filean
2000 SECRETARY
Maryland
Cusip No. See Reverse side for Certain Definitions DATED:
<PAGE>
PRINCIPAL PARTNERS LARGECAP BLEND FUND, INC.
SECTIONS 5, 6, 7, 8, and 9 OF ARTICLE FIFTH OF THE ARTICLES OF INCORPORATION OF
THE CORPORATION ARE SET FORTH BELOW.
Section 5. Redemption and Repurchase of Shares of Capital Stock: Any shareholder
may redeem shares of the Corporation for the net asset value of each class or
series thereof by presentation of an appropriate request, together with the
certificates, if any, for such shares, duly endorsed, at the office or agency
designated by the Corporation. Redemptions as aforesaid, or purchases by the
Corporation of its own stock, shall be made in the manner and subject to the
conditions contained in the bylaws or approved by the Board of Directors.
Section 6. Purchase of Shares: The Corporation shall be entitled to purchase
shares of any class of its capital stock, to the extent that the Corporation may
lawfully effect such purchase under Maryland General Corporation Law, upon such
terms and conditions and for such consideration as the Board of Directors shall
deem advisable, by agreement with the stockholder at a price not exceeding the
net asset value per share computed in accordance with Section 4 of this Article.
Section 7. Redemption of Minimum Amounts:
(a) If after giving effect to a request for redemption by a stockholder, the
aggregate net asset value of his remaining shares of any series or class will be
less than the Minimum Amount then in effect, the Corporation shall be entitled
to require the redemption of the remaining shares of such class owned by such
stockholder, upon notice given in accordance with paragraph (c) of this Section,
to the extent that the Corporation may lawfully effect such redemption under
Maryland General Corporation Law.
(b) The term "Minimum Amount" when used herein shall mean Three Hundred Dollars
($300) unless otherwise fixed by the Board of Directors from time to time,
provided that the Minimum amount may not in any event exceed Five Thousand
Dollars ($5,000).
(c) If any redemption under paragraph (a) of this Section is upon notice, the
notice shall be in writing personally delivered or deposited in the mail, at
least thirty days prior to such redemption. If mailed, the notice shall be
addressed to the stockholder at his post office address as shown on the books of
the Corporation, and sent by certified or registered mail, postage prepaid. The
price for shares redeemed by the Corporation pursuant to paragraph (a) of this
Section shall be paid in cash in an amount equal to the net asset value of
such shares, computed in accordance with Section 4 of this Article.
Section 8. Mode of Payment: Payment by the Corporation for shares of any series
or class of the capital stock of the Corporation surrendered to it for
redemption shall be made by the Corporation within three business days of such
surrender out of the funds legally available therefor, provided that the
Corporation may suspend the right of the holders of capital stock of the
Corporation to redeem shares of capital stock and may postpone the right of such
holders to receive payment for any shares when permitted or required to do so by
law. Payment of the redemption or purchase price may be made in cash or, at the
option of the Corporation, wholly or partly in such portfolio securities of the
Corporation as the Corporation may select.
Section 9. Rights of Holders of Shares Purchased or Redeemed: The right of any
holder of any series or class of capital stock of the Corporation purchased or
redeemed by the Corporation as provided in this Article to receive dividends
thereon and all other rights of such holder with respect to such shares shall
terminate at the time as of which the purchase or redemption price of such
shares is determined, except the right of such holder to receive (i) the
purchase or redemption price of such shares from the Corporation or its
designated agent and (ii) any dividend or distribution or voting rights to which
such holder has previously become entitled as the record holder of such shares
on the record date for the determination of the stockholders entitled to receive
such dividend or distribution or to vote at the meeting of stockholders.
The following abbreviations, when used in the inscription of the face of this
certificate, shall be construed as though they were written out in full
according to applicable laws or regulations. Additional abbreviations may also
be used.
TEN COM - as tenants in common
JTTEN - as joint tenants with right of survivorship and not as tenants in
common
UNIF TRANS MIN ACT - ......................Custodian (Minor)
under Uniform Transfer to Minors Act..............(State)
TOD - Transfer on Death
For Value received ____________________hereby sell, assign and transfer unto
________________________________________________________________________________
PLEASE PRINT OR TYPE NAME AND ADDRESS OF ASSIGNEE
________________________________________________________________________________
__________________________________________________________________________Shares
of the Capital Stock represented by within Certificate, and do hereby
irrevocably constitute and appoint___________________________________Attorney to
transfer the said stock on the books of the within named Corporation with full
power of substitution in the premises. Dated ___________________________
_____________________________________
_____________________________________
In Presnce of
___________________________________________
NOTICE: THE SIGNATURE TO THIS ASSIGNMENT MUST CORRESPOND WITH THE NAME AS
WRITTEN UPON THE FACE OF THE CERTIFICATE. IN EVERY PARTICULAR, WITHOUT ALTER-
ATION OR ENLARGEMENT, OR ANY CHANGE WHAT SO EVER.
<PAGE>
PRINCIPAL PARTNERS LARGECAP BLEND FUND, INC.
INCORPORATED UNDER THE LAWS OF THE STATE OF MARYLAND
Number Class B Shares
BLB-_________
This Certifies that _____________________________
is the owner of ___________________ Class B share of fully paid, non-assessable,
$.01 par value capital stock of Principal Pacific Basin Fund, Inc.,
transferable only on the books of the Corporation by the holder hereof in person
or by attorney upon the surrender of this certificate duly endorsed. The holder
hereof by accepting this certificate expressly assents to and is bound by the
Article of Incorporation, as amended, and the By-Laws, as amended, of the
Corporation, copies of which are available for inspection at the principal
office of the Corporation.
THE SHARES REPRESENTED BY THIS CERTIFICATE WILL BE REDEEMED BY THE CORPORATION
UPON REQUEST OF THE STOCKHOLDER AS PROVIDED IN THE ARTICLES OF INCORPORATION OF
THE CORPORATION. IN ADDITION, THE ARTICLES OF INCORPORATION PROVIDE THAT THE
CORPORATION, AT ITS OPTION, MAY PURCHASE OR REDEEM SHARES OF ITS COMMON STOCK
UNDER CERTAIN OTHER CIRCUMSTANCES. THE PROVISIONS OF THE CORPORATION'S ARTICLES
OF INCORPORATION RELATING TO SUCH PURCHASES OR REDEMPTIONS BY THE CORPORATION
APPEAR ON THE REVERSE OF THIS CERTIFICATE. THE NUMBER OF SHARES REPRESENTED BY
THIS CERTIFICATE IS SUBJECT TO REDUCTION BY REASON OF CERTAIN OF SUCH PROVISIONS
RELATING TO A REDEMPTION.
In witness whereof, the Corporaiton has caused this certificate to be signed by
its duly authorized Officers and to be sealed with the seal of the Corporation.
COUNTERSIGNED AND REGISTERD:
PRINCIPAL MANAGEMENT CORPORATION
TRANSFER AGENT AND REGISTRAR
BY:
AUTHORIZED OFFICER
Principal Corporate Seal /s/Ralph C. Eucher
Mutual Principal PRESIDENT
Funds Pacific
Basin
Fund, Inc. /s/A.S. Filean
2000 SECRETARY
Maryland
Cusip No. See Reverse side for Certain Definitions DATED:
<PAGE>
PRINCIPAL PARTNERS LARGECAP BLEND FUND, INC.
SECTIONS 5, 6, 7, 8, and 9 OF ARTICLE FIFTH OF THE ARTICLES OF INCORPORATION OF
THE CORPORATION ARE SET FORTH BELOW.
Section 5. Redemption and Repurchase of Shares of Capital Stock: Any shareholder
may redeem shares of the Corporation for the net asset value of each class or
series thereof by presentation of an appropriate request, together with the
certificates, if any, for such shares, duly endorsed, at the office or agency
designated by the Corporation. Redemptions as aforesaid, or purchases by the
Corporation of its own stock, shall be made in the manner and subject to the
conditions contained in the bylaws or approved by the Board of Directors.
Section 6. Purchase of Shares: The Corporation shall be entitled to purchase
shares of any class of its capital stock, to the extent that the Corporation may
lawfully effect such purchase under Maryland General Corporation Law, upon such
terms and conditions and for such consideration as the Board of Directors shall
deem advisable, by agreement with the stockholder at a price not exceeding the
net asset value per share computed in accordance with Section 4 of this Article.
Section 7. Redemption of Minimum Amounts:
(a) If after giving effect to a request for redemption by a stockholder, the
aggregate net asset value of his remaining shares of any series or class will be
less than the Minimum Amount then in effect, the Corporation shall be entitled
to require the redemption of the remaining shares of such class owned by such
stockholder, upon notice given in accordance with paragraph (c) of this Section,
to the extent that the Corporation may lawfully effect such redemption under
Maryland General Corporation Law.
(b) The term "Minimum Amount" when used herein shall mean Three Hundred Dollars
($300) unless otherwise fixed by the Board of Directors from time to time,
provided that the Minimum amount may not in any event exceed Five Thousand
Dollars ($5,000).
(c) If any redemption under paragraph (a) of this Section is upon notice, the
notice shall be in writing personally delivered or deposited in the mail, at
least thirty days prior to such redemption. If mailed, the notice shall be
addressed to the stockholder at his post office address as shown on the books of
the Corporation, and sent by certified or registered mail, postage prepaid. The
price for shares redeemed by the Corporation pursuant to paragraph (a) of this
Section shall be paid in cash in an amount equal to the net asset value of
such shares, computed in accordance with Section 4 of this Article.
Section 8. Mode of Payment: Payment by the Corporation for shares of any series
or class of the capital stock of the Corporation surrendered to it for
redemption shall be made by the Corporation within three business days of such
surrender out of the funds legally available therefor, provided that the
Corporation may suspend the right of the holders of capital stock of the
Corporation to redeem shares of capital stock and may postpone the right of such
holders to receive payment for any shares when permitted or required to do so by
law. Payment of the redemption or purchase price may be made in cash or, at the
option of the Corporation, wholly or partly in such portfolio securities of the
Corporation as the Corporation may select.
Section 9. Rights of Holders of Shares Purchased or Redeemed: The right of any
holder of any series or class of capital stock of the Corporation purchased or
redeemed by the Corporation as provided in this Article to receive dividends
thereon and all other rights of such holder with respect to such shares shall
terminate at the time as of which the purchase or redemption price of such
shares is determined, except the right of such holder to receive (i) the
purchase or redemption price of such shares from the Corporation or its
designated agent and (ii) any dividend or distribution or voting rights to which
such holder has previously become entitled as the record holder of such shares
on the record date for the determination of the stockholders entitled to receive
such dividend or distribution or to vote at the meeting of stockholders.
The following abbreviations, when used in the inscription of the face of this
certificate, shall be construed as though they were written out in full
according to applicable laws or regulations. Additional abbreviations may also
be used.
TEN COM - as tenants in common
JTTEN - as joint tenants with right of survivorship and not as tenants in
common
UNIF TRANS MIN ACT - ......................Custodian (Minor)
under Uniform Transfer to Minors Act..............(State)
TOD - Transfer on Death
For Value received ____________________hereby sell, assign and transfer unto
________________________________________________________________________________
PLEASE PRINT OR TYPE NAME AND ADDRESS OF ASSIGNEE
________________________________________________________________________________
__________________________________________________________________________Shares
of the Capital Stock represented by within Certificate, and do hereby
irrevocably constitute and appoint___________________________________Attorney to
transfer the said stock on the books of the within named Corporation with full
power of substitution in the premises. Dated ___________________________
_____________________________________
_____________________________________
In Presnce of
___________________________________________
NOTICE: THE SIGNATURE TO THIS ASSIGNMENT MUST CORRESPOND WITH THE NAME AS
WRITTEN UPON THE FACE OF THE CERTIFICATE. IN EVERY PARTICULAR, WITHOUT ALTER-
ATION OR ENLARGEMENT, OR ANY CHANGE WHAT SO EVER.
<PAGE>
PRINCIPAL PARTNERS LARGECAP BLEND FUND, INC.
INCORPORATED UNDER THE LAWS OF THE STATE OF MARYLAND
Number Class C Shares
BLC-_________
This Certifies that _____________________________
is the owner of _________________________ Class C share of fully paid,
non-assessable, $.01 par value capital stock of Principal Pacific Basin Fund,
Inc., transferable only on the books of the Corporation by the holder hereof in
person or by attorney upon the surrender of this certificate duly endorsed. The
holder hereof by accepting this certificate expressly assents to and is bound by
the Article of Incorporation, as amended, and the By-Laws, as amended, of the
Corporation, copies of which are available for inspection at the principal
office of the Corporation.
THE SHARES REPRESENTED BY THIS CERTIFICATE WILL BE REDEEMED BY THE CORPORATION
UPON REQUEST OF THE STOCKHOLDER AS PROVIDED IN THE ARTICLES OF INCORPORATION OF
THE CORPORATION. IN ADDITION, THE ARTICLES OF INCORPORATION PROVIDE THAT THE
CORPORATION, AT ITS OPTION, MAY PURCHASE OR REDEEM SHARES OF ITS COMMON STOCK
UNDER CERTAIN OTHER CIRCUMSTANCES. THE PROVISIONS OF THE CORPORATION'S ARTICLES
OF INCORPORATION RELATING TO SUCH PURCHASES OR REDEMPTIONS BY THE CORPORATION
APPEAR ON THE REVERSE OF THIS CERTIFICATE. THE NUMBER OF SHARES REPRESENTED BY
THIS CERTIFICATE IS SUBJECT TO REDUCTION BY REASON OF CERTAIN OF SUCH PROVISIONS
RELATING TO A REDEMPTION.
In witness whereof, the Corporaiton has caused this certificate to be signed by
its duly authorized Officers and to be sealed with the seal of the Corporation.
COUNTERSIGNED AND REGISTERD:
PRINCIPAL MANAGEMENT CORPORATION
TRANSFER AGENT AND REGISTRAR
BY:
AUTHORIZED OFFICER
Principal Corporate Seal /s/Ralph C. Eucher
Mutual Principal PRESIDENT
Funds Pacific
Basin
Fund, Inc. /s/A.S. Filean
2000 SECRETARY
Maryland
Cusip No. See Reverse side for Certain Definitions DATED:
<PAGE>
PRINCIPAL PARTNERS LARGECAP BLEND FUND, INC.
SECTIONS 5, 6, 7, 8, and 9 OF ARTICLE FIFTH OF THE ARTICLES OF INCORPORATION OF
THE CORPORATION ARE SET FORTH BELOW.
Section 5. Redemption and Repurchase of Shares of Capital Stock: Any shareholder
may redeem shares of the Corporation for the net asset value of each class or
series thereof by presentation of an appropriate request, together with the
certificates, if any, for such shares, duly endorsed, at the office or agency
designated by the Corporation. Redemptions as aforesaid, or purchases by the
Corporation of its own stock, shall be made in the manner and subject to the
conditions contained in the bylaws or approved by the Board of Directors.
Section 6. Purchase of Shares: The Corporation shall be entitled to purchase
shares of any class of its capital stock, to the extent that the Corporation may
lawfully effect such purchase under Maryland General Corporation Law, upon such
terms and conditions and for such consideration as the Board of Directors shall
deem advisable, by agreement with the stockholder at a price not exceeding the
net asset value per share computed in accordance with Section 4 of this Article.
Section 7. Redemption of Minimum Amounts:
(a) If after giving effect to a request for redemption by a stockholder, the
aggregate net asset value of his remaining shares of any series or class will be
less than the Minimum Amount then in effect, the Corporation shall be entitled
to require the redemption of the remaining shares of such class owned by such
stockholder, upon notice given in accordance with paragraph (c) of this Section,
to the extent that the Corporation may lawfully effect such redemption under
Maryland General Corporation Law.
(b) The term "Minimum Amount" when used herein shall mean Three Hundred Dollars
($300) unless otherwise fixed by the Board of Directors from time to time,
provided that the Minimum amount may not in any event exceed Five Thousand
Dollars ($5,000).
(c) If any redemption under paragraph (a) of this Section is upon notice, the
notice shall be in writing personally delivered or deposited in the mail, at
least thirty days prior to such redemption. If mailed, the notice shall be
addressed to the stockholder at his post office address as shown on the books of
the Corporation, and sent by certified or registered mail, postage prepaid. The
price for shares redeemed by the Corporation pursuant to paragraph (a) of this
Section shall be paid in cash in an amount equal to the net asset value of
such shares, computed in accordance with Section 4 of this Article.
Section 8. Mode of Payment: Payment by the Corporation for shares of any series
or class of the capital stock of the Corporation surrendered to it for
redemption shall be made by the Corporation within three business days of such
surrender out of the funds legally available therefor, provided that the
Corporation may suspend the right of the holders of capital stock of the
Corporation to redeem shares of capital stock and may postpone the right of such
holders to receive payment for any shares when permitted or required to do so by
law. Payment of the redemption or purchase price may be made in cash or, at the
option of the Corporation, wholly or partly in such portfolio securities of the
Corporation as the Corporation may select.
Section 9. Rights of Holders of Shares Purchased or Redeemed: The right of any
holder of any series or class of capital stock of the Corporation purchased or
redeemed by the Corporation as provided in this Article to receive dividends
thereon and all other rights of such holder with respect to such shares shall
terminate at the time as of which the purchase or redemption price of such
shares is determined, except the right of such holder to receive (i) the
purchase or redemption price of such shares from the Corporation or its
designated agent and (ii) any dividend or distribution or voting rights to which
such holder has previously become entitled as the record holder of such shares
on the record date for the determination of the stockholders entitled to receive
such dividend or distribution or to vote at the meeting of stockholders.
The following abbreviations, when used in the inscription of the face of this
certificate, shall be construed as though they were written out in full
according to applicable laws or regulations. Additional abbreviations may also
be used.
TEN COM - as tenants in common
JTTEN - as joint tenants with right of survivorship and not as tenants in
common
UNIF TRANS MIN ACT - ......................Custodian (Minor)
under Uniform Transfer to Minors Act..............(State)
TOD - Transfer on Death
For Value received ____________________hereby sell, assign and transfer unto
________________________________________________________________________________
PLEASE PRINT OR TYPE NAME AND ADDRESS OF ASSIGNEE
________________________________________________________________________________
__________________________________________________________________________Shares
of the Capital Stock represented by within Certificate, and do hereby
irrevocably constitute and appoint___________________________________Attorney to
transfer the said stock on the books of the within named Corporation with full
power of substitution in the premises. Dated ___________________________
_____________________________________
_____________________________________
In Presnce of
___________________________________________
NOTICE: THE SIGNATURE TO THIS ASSIGNMENT MUST CORRESPOND WITH THE NAME AS
WRITTEN UPON THE FACE OF THE CERTIFICATE. IN EVERY PARTICULAR, WITHOUT ALTER-
ATION OR ENLARGEMENT, OR ANY CHANGE WHAT SO EVER.
<PAGE>
PRINCIPAL PARTNERS LARGECAP BLEND FUND, INC.
INCORPORATED UNDER THE LAWS OF THE STATE OF MARYLAND
Number Class R Shares
BLR-_________
This Certifies that _____________________________
is the owner of ________________________ Class R share of fully paid,
non-assessable, $.01 par value capital stock of Principal Pacific Basin Fund,
Inc., transferable only on the books of the Corporation by the holder hereof in
person or by attorney upon the surrender of this certificate duly endorsed. The
holder hereof by accepting this certificate expressly assents to and is bound by
the Article of Incorporation, as amended, and the By-Laws, as amended, of the
Corporation, copies of which are available for inspection at the principal
office of the Corporation.
THE SHARES REPRESENTED BY THIS CERTIFICATE WILL BE REDEEMED BY THE CORPORATION
UPON REQUEST OF THE STOCKHOLDER AS PROVIDED IN THE ARTICLES OF INCORPORATION OF
THE CORPORATION. IN ADDITION, THE ARTICLES OF INCORPORATION PROVIDE THAT THE
CORPORATION, AT ITS OPTION, MAY PURCHASE OR REDEEM SHARES OF ITS COMMON STOCK
UNDER CERTAIN OTHER CIRCUMSTANCES. THE PROVISIONS OF THE CORPORATION'S ARTICLES
OF INCORPORATION RELATING TO SUCH PURCHASES OR REDEMPTIONS BY THE CORPORATION
APPEAR ON THE REVERSE OF THIS CERTIFICATE. THE NUMBER OF SHARES REPRESENTED BY
THIS CERTIFICATE IS SUBJECT TO REDUCTION BY REASON OF CERTAIN OF SUCH PROVISIONS
RELATING TO A REDEMPTION.
In witness whereof, the Corporaiton has caused this certificate to be signed by
its duly authorized Officers and to be sealed with the seal of the Corporation.
COUNTERSIGNED AND REGISTERD:
PRINCIPAL MANAGEMENT CORPORATION
TRANSFER AGENT AND REGISTRAR
BY:
AUTHORIZED OFFICER
Principal Corporate Seal /s/Ralph C. Eucher
Mutual Principal PRESIDENT
Funds Pacific
Basin
Fund, Inc. /s/A.S. Filean
2000 SECRETARY
Maryland
Cusip No. See Reverse side for Certain Definitions DATED:
<PAGE>
PRINCIPAL PARTNERS LARGECAP BLEND FUND, INC.
SECTIONS 5, 6, 7, 8, and 9 OF ARTICLE FIFTH OF THE ARTICLES OF INCORPORATION OF
THE CORPORATION ARE SET FORTH BELOW.
Section 5. Redemption and Repurchase of Shares of Capital Stock: Any shareholder
may redeem shares of the Corporation for the net asset value of each class or
series thereof by presentation of an appropriate request, together with the
certificates, if any, for such shares, duly endorsed, at the office or agency
designated by the Corporation. Redemptions as aforesaid, or purchases by the
Corporation of its own stock, shall be made in the manner and subject to the
conditions contained in the bylaws or approved by the Board of Directors.
Section 6. Purchase of Shares: The Corporation shall be entitled to purchase
shares of any class of its capital stock, to the extent that the Corporation may
lawfully effect such purchase under Maryland General Corporation Law, upon such
terms and conditions and for such consideration as the Board of Directors shall
deem advisable, by agreement with the stockholder at a price not exceeding the
net asset value per share computed in accordance with Section 4 of this Article.
Section 7. Redemption of Minimum Amounts:
(a) If after giving effect to a request for redemption by a stockholder, the
aggregate net asset value of his remaining shares of any series or class will be
less than the Minimum Amount then in effect, the Corporation shall be entitled
to require the redemption of the remaining shares of such class owned by such
stockholder, upon notice given in accordance with paragraph (c) of this Section,
to the extent that the Corporation may lawfully effect such redemption under
Maryland General Corporation Law.
(b) The term "Minimum Amount" when used herein shall mean Three Hundred Dollars
($300) unless otherwise fixed by the Board of Directors from time to time,
provided that the Minimum amount may not in any event exceed Five Thousand
Dollars ($5,000).
(c) If any redemption under paragraph (a) of this Section is upon notice, the
notice shall be in writing personally delivered or deposited in the mail, at
least thirty days prior to such redemption. If mailed, the notice shall be
addressed to the stockholder at his post office address as shown on the books of
the Corporation, and sent by certified or registered mail, postage prepaid. The
price for shares redeemed by the Corporation pursuant to paragraph (a) of this
Section shall be paid in cash in an amount equal to the net asset value of
such shares, computed in accordance with Section 4 of this Article.
Section 8. Mode of Payment: Payment by the Corporation for shares of any series
or class of the capital stock of the Corporation surrendered to it for
redemption shall be made by the Corporation within three business days of such
surrender out of the funds legally available therefor, provided that the
Corporation may suspend the right of the holders of capital stock of the
Corporation to redeem shares of capital stock and may postpone the right of such
holders to receive payment for any shares when permitted or required to do so by
law. Payment of the redemption or purchase price may be made in cash or, at the
option of the Corporation, wholly or partly in such portfolio securities of the
Corporation as the Corporation may select.
Section 9. Rights of Holders of Shares Purchased or Redeemed: The right of any
holder of any series or class of capital stock of the Corporation purchased or
redeemed by the Corporation as provided in this Article to receive dividends
thereon and all other rights of such holder with respect to such shares shall
terminate at the time as of which the purchase or redemption price of such
shares is determined, except the right of such holder to receive (i) the
purchase or redemption price of such shares from the Corporation or its
designated agent and (ii) any dividend or distribution or voting rights to which
such holder has previously become entitled as the record holder of such shares
on the record date for the determination of the stockholders entitled to receive
such dividend or distribution or to vote at the meeting of stockholders.
The following abbreviations, when used in the inscription of the face of this
certificate, shall be construed as though they were written out in full
according to applicable laws or regulations. Additional abbreviations may also
be used.
TEN COM - as tenants in common
JTTEN - as joint tenants with right of survivorship and not as tenants in
common
UNIF TRANS MIN ACT - ......................Custodian (Minor)
under Uniform Transfer to Minors Act..............(State)
TOD - Transfer on Death
For Value received ____________________hereby sell, assign and transfer unto
________________________________________________________________________________
PLEASE PRINT OR TYPE NAME AND ADDRESS OF ASSIGNEE
________________________________________________________________________________
__________________________________________________________________________Shares
of the Capital Stock represented by within Certificate, and do hereby
irrevocably constitute and appoint___________________________________Attorney to
transfer the said stock on the books of the within named Corporation with full
power of substitution in the premises. Dated ___________________________
_____________________________________
_____________________________________
In Presnce of
___________________________________________
NOTICE: THE SIGNATURE TO THIS ASSIGNMENT MUST CORRESPOND WITH THE NAME AS
WRITTEN UPON THE FACE OF THE CERTIFICATE. IN EVERY PARTICULAR, WITHOUT ALTER-
ATION OR ENLARGEMENT, OR ANY CHANGE WHAT SO EVER.
