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<br />8~--U050~3 <br />~© <br />(2) T2re term "direct:at'' means any direcctvr of a cvrpvration, or <br />any individual performinf; similar furctians with reslmct txr any or- <br />ganization t~fietherineorporated or unincarparated. <br />{3) The ternm "person" means an individual, a corparativn, a part- <br />nership, an a~ociation, a joint-s#,erck company, a tru€t, an unincor- <br />porated organization or a government or political subdivision t:here- <br />af. As used in this subparagraph {3), the term "trust" shall include <br />only a trust where the interest or interests of t-he beneficiary or bene- <br />ficiar7es are evidenced by a security. <br />{4) The term "voting security" means any security presently en- <br />titling the owner or holder thereof to vote in the direction or man- <br />agement of the af~airs of a Berson, or any security issued under or <br />pursuant to any Lrust, agreement or arrangement whereby a trustee <br />or trustees or agent ar sgerits far the owner or boll ~r of such securi- <br />ty are presently entitled to vote in the direction or management of <br />the affairs of a persan. <br />{5) The term "executive afficer" means the president, every vice <br />president, every trust officer. the ca.ghier, the secretary and the trea- <br />stir'e~• of a rL~r~aralnn and 4ny' individ~ial !`tic_La?rii?a-rile nPrfnrmin_a <br />similar (unctions with respect to any organization whether incorpo- <br />rated ar uniacarporated, but shall not include the chairman of t:he <br />board of directors- <br />t.f7 The percentages of voting securities and other sei unties specified <br />in this Sec ioz l7.tt2 shall be calculated in accordance with the following <br />provisions: <br />{ I} A specified per<xntage of the voting securities of either Trustee, <br />the Company or any other person referred to in this section 17.02 <br />leach of whom is referred to as a "person° in this paragraph? means <br />such arnaunt of the outstanding toting securities of such person as <br />entitles the balder ar holders thernaf to caa~ such specified l:ercent- <br />age of the sRgregate cotes which the holders of all the outstanding <br />eating securities of such person are entitled to east in the direction <br />ter management of the affairs of such persoa. <br />(2) _y sLrecifiecl percentage of a class of securities of a. itersvn <br />means sorb percentage a# the aggregate amount of securities of the <br />class outstanding. <br />f3l The terra "amount", when tr.~cxi in regard t.a sec:urities, means <br />(tie grinoipal amatuit ii relating to evide_nt~ of indPbtedneas, the <br />number of shi<rss if mlating to capital shares anal the number v# <br />units if relating w any other kind of security, <br /> t..J <br /> <br /> <br />