Ry
Appendix
275
of the second part shall accept, the following prices in cash,
increasing every six months:
If sold at or before
4 year from date at $21 a shr.
1 year from date at $22 a shr.
1% years from date at $23 a shr.
2 years from date at $24 a shr,
2% years from date at $25 a shr.
3 years from date at $26 a shr,
3% years from date at $27 a sh.
4 years from date at $28 a shr.
4% years from date at $29 a shr.
§ years from date at $30 a shr,
FourtH. In consideration of the granting by the party
of the second part to the party of the first part of the fore-
going option to purchase ........ .. weemnme (cones)
shares of the common capital stock of said ........... .
.... at the prices hereinbefore stated, the party
of the first part hereby guarantees that the party of the second
part shall during the life of this contract receive dividends at
the rate of at least one and three-quarters per cent (134%)
every three months upon the purchase price of all stock
acquired under this agreement and still outstanding at any
time, that is not rebought by the party of the first part. To
this end, if any regular quarterly dividend declared and paid
by the said corporation shall be at the rate of less than one
and three-quarters per cent (134%), the party of the first
part will pay to the party of the second part an amount
sufficient to bring said quarterly dividend so declared and
paid up to the full rate of one and three-quarters per cent
(134%) as if the same had been regularly declared and paid
by the said corporation. It is specifically understood and
agreed that the party of the second part shall be entitled to
all dividends declared and paid by the said corporation upon
the said stock, whether or not the same shall exceed one and
three-quarters per cent (134%) per quarter on said purchase
price; and that the foregoing guaranty of a minimum
quarterly dividend of one and three-quarters per cent
(134%) shall not have the effect of limiting in any way
the amount of dividends which the party of the second part