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I � <br /> 1 <br /> RE•RECOR�ED <br /> 89=� 1061 Q9 �:'�=�- 106079 <br /> ` ARTIC LE 1 V <br /> ADDIT10NA4 COVENANTS <br /> � <br /> SFCnoN l. Tha Company covenanta that. so lon� as any Bcmd� of the Series due 1999 are <br /> outstandia�. it will not d�lare or pay divideads(dher than dividends payabie sobly in shua of its <br /> ��mmoa Stock)or m�ice any other diuribution on. ar acquire for v�lue any shans of,its Co�unan <br /> � Stock unleu utter�ivin�effect thereto.(s)the a�re�ate amouat of�ucb divideads,distributions�nd <br /> slCquisiliA�li made dwiDs 1he pcsiuu iiviu�w�t3er DEa:R1bCr 31, 1987 to and iacludine the date of <br /> msldn=1he dividend,distribution or acquisition in questioo. would exaed the sum of 510,000.000 <br /> plus 10096 of wrptus earaed for sech pertod,com�uted on a cumul�tive basis for said eatire period <br /> (or if such surplus esrned i� a deScit S�ure. then miaus 10096 of�uch deficit), aa;d ualess(b) the <br /> a�re�ta of the smaunts (1) e�cpended by the Company for rep�ai� a�taD saainteaaace andlms��� <br /> provided fa depreciation durin=the period fram aanuary 1,1946,to the date off'�e proposed pay�emt <br /> . � oi suca�i�ridam�s or mskin�oi such dituioution ur aoquisitit�,�iw wrp[ns of QII�Lc��aay earncd <br /> � subsequeat ta i�e�aaber 3t. 194S,rema�a�ing att�r paymept�tf�sh di�xdend,or the�aicin�08 sucb. <br /> aistrabution or ac�quisitim,�all equal not less th�Q.he sum of amounts n��tnn�(x)the tot�� <br /> 3'�°�io e�f the fuced Wnpbk pmperty,plant and eq�9q�anent of the Compan�(as shown by tbe bo�xs+aF . <br /> • ihe fompany)on tba firat day of qch i'ull calendar yrar. if any,which shall ha�e ela�d during saa+3 • <br /> perivd be�ning January 1, 1946,and(y)t6e amouae,if any,equal to such proportion oF 3�h96 of ihe <br /> 6�ced tan�ible propecty,plant aad equipmeat of the Company(as shown by the books of the Compaay) <br /> on tha first dsy ef the tden cumeat pleadar yar,as is repn�seAted by the ratio of the number of full <br /> months(fm�a the be�innin�of the then curnnt caleadar year to the date of the propoaed payment of <br /> such dividead oc inakin�af such di�lributioa or acquisition)to twelve months. . <br /> SFCnoN 2. The Company coveaaata that, ao lon� as any Bonds of the Series due 1999 are ' <br /> outqsndin�.it will comply witd the coveaanta contaiaed in Section 2 of Micle V of the Supplemental ; �= <br /> tndenture dsted Oetober 1. 1946. whethet or not aay Bonds of the Scsies duc t973 ar�aatstaadin�, �:_� <br /> .l ..�....:.s....�..c...•.a e�,..:....t^�w v �..� � .a. .:.. � ��� <br /> - ii«i�i�YV�V�tNVMi V�i��V VV���VY i V�fL'=iCav . 'au�s sn L�c�iu��a�i'i�IIsu�iJv-i1i fv"irc Bit��'i@'s�r �waa; - <br /> to t6e Boads of the Series due 1999�whethes or not any Bonds of the Seria due 1973 are outstaadin�. � <br /> ARTICLE V - <br /> SPEMI.PROV1S10NS FOR RETIREMENT OF BONDS <br /> SECnoN 1.The provisiona of Articie 1X of the Ori�inal Indenture,as amended by Section 8 of , <br /> Article IV of the Supplemrntal lndenture dated October 1. 1946. are (so lon�as any Boads of the — <br /> Series due 1999 shaU be outstandiapa, with respect to moneys received by the Tn�sta under said � <br /> Artide!X pursuant to the provisions of Section 1 of Article VIl of the Ori�inal lndenture,as amended <br /> by SaK�on 4 of Aiticle 1V of the Supplemental Indentun datcd October 1, 1946, eapressly made <br /> subject to the provisions of Micle 111 hereof with respect to the price at which. and the conditions '�� <br /> undes wtuch,Bonds of the Series due 1999 are redeemable by the use of such moneys. • <br /> The provisions of Articie 1X of the Ori�inal lndenture,as amended by Section S of Article 1V of <br /> the Supplemental lndeature dated October l, 1946.are(so lon�as any Bonds of the Series due 1999 <br /> • shall be outstandin�,with respect to moneys raxiv�d by the Trustee pursuant to thc provisions of <br /> Section 3 of Article Vlll of the Ori�inal lndenture, as amended by Section 7 of Article 1V of the <br /> Supplen�ental lndentun dated October l. 1946.and with respect to moneys received by the Trustx <br /> p�rsnani to tht provisions af Sectian 2 af this Artide V,expressly made subjeci to the provisions of <br /> Article lll hereof and the provisions of Stction 3 of this Article� with rcspect to the price at which. <br /> aad the conditions under which, Bonds of the Series due 1999 are redeemable by the use of any of <br /> such mon�ys. <br /> ll <br /> �� <br /> tT' <br /> L_ . � J � . <br /> � <br /> �, .�� <br /> � ._ <br /> � _� <br />