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r ~~--- i)ii~0 ATtTICI,B K' Section 10.:.11 CRestricti.ons upon the Company`s finan- cial operations} is hereiay ascended' by adding the following subsectsons, which subsections shall be applicable to the Company in addition to the. agreements contained in section 1Q-11 (a) ttsroueh (f} of the. original Lease and Agreement, such new subsections being as follows: (g) So long as any bonds. are outstanding and: unpaid, the Company covenants and agrees than it shall have., as of the close. of eac:s fiscal year,. either Current Assets at least 1.4 times its Current Liabili- ties or Net: Working Capital in an amount not: less than the total Funded Debt of the Company as of the end: of such fiscal year. isi So long as an bonds are: outstanding and unxsaid, the Company covenants and agrees that all: indebtedness of the Company owed to any of its shareholders., will be sub- ordnated to payment of principal and interest. on Series B Bonds and that no payasents ~f principal on any such indebted- Hess. due- to shareholders will be made until and unless the T+et Worth of the Company is at least two times the Funded Debt of the Compare} arld no such palrnsent of principal on indebtedness of the Company to share- holders wild be made if such payment s;sall I:ave the. efeet of reducing the t3et Worth of the Company to a*s amount less than *+aotimes the tota3 Funded De?at of t:ae Cc?n~any. Far purposes of ttsis pro- vision, suhc .ination of ;ndebterlness to 'sharercld~== sna.ll mean agreement bar tlae hoie:ers of such indebtedness the*_ in the .:event o£ l~icuidation of the Cempa mr or b-y action of ar.y f'an}:ruptcy or recrganizati~n pzaceeding, nc rayment shall be made or sn^h S":bor.^:inatec: Debt due to sharei-iolder~s arc nnti~ and unlsss ail principal. and ?nr_erest due on ..ne Series B Bends a.=_ seer. pai3~n fuw. [i.}... SO iC^q d ~.. bCr_c ~~.. are L'7t2tS t~`i::1:?q 3-': ~:,. tsrpai:'_, rre Co;-~p~n} ccvenassts and Ggrees t:xat it will not pau is env es~z f:,.- ca2 }°ear dividends ~Fi:cash ctz pra.;ert4• (ct:nex than in she-resofthe C„ ~^y) i,^ excess o= ?~~ cf the fiet Farninrs-. :~+.~ +~h` r'+~mn.-env fir t_h~?D2'e C~'dll'.~ f2. C~J. ','C'dT U*lt1'. 3r.3 u.^.1e55 t;1E .yet warth cf the Com.par.}~ is at least two times the Pur.ded Debt of the tomcn^°•; at the end of ar.y suci~ fiscal year an'=t nc~ u'i~ad.end ;n cash ~,r propert~u~ sha_z be aaaid whi~•h mould have the _ "~t:t of .ac;;ci:?ti thµ Net Wart?^. of t:he Co~n~ ny t~ azti am~~urt less hear: twa tir~E•s it=_ tince.3 Dc.~.~C tarhher h-;e a;-1cu.^.t cf -.vi,dF:::c:r- ~f t:re Ca€rt,zr.,• ~.ai _n .-:~sy;, '~°I ~T Or-_= t' 2C~T. ~k7'~' ~.,-:t:" .: 6:»51. ¢3t 5,.!13 _... iYi Ft Ti C'P3 r_~• ~2.5~2; .': }°ec~}' r•,R~7 ;_: f?L~z. E:4C. tE;.. wm ~ Ke