EX-3.5
from 8-K/A
5 pages
The Board of Directors and Majority Shareholders Do Hereby Fix and Determine the Rights, Preferences, Privileges, Restrictions and Other Matters Relating to the Series a Convertible Preferred Stock as Follows: 1. Definitions. for Purposes of This Certificate of Designation, the Following Definitions Shall Apply: 1.1 "Board" Shall Mean the Board of Directors of the Company. 1.2 "Company" Shall Mean Ukarma Corporation, a Nevada Corporation. 1.3 "Common Stock" Shall Mean the Common Stock, $.001 Par Value Per Share, of the Company. 1.4 "Common Stock Dividend" Shall Mean a Stock Dividend Declared and Paid on the Common Stock That Is Payable in Shares of Common Stock. 1.5 "Distribution" Shall Mean the Transfer of Cash or Property by the Company to One or More of Its Stockholders Without Consideration, Whether by Dividend or Otherwise (Except a Dividend in Shares of Company's Stock). 1.6 “Net Income” Shall Mean Net Income for the Purposes of the Preferred Dividend Shall Mean the Amount Stated on the Year End Audited Financial Statement of the Company Excluding Any Extraordinary Items as Determined by the Board of Directors. 1.7 "Original Issue Date" Shall Mean the Date on Which the First Share of Series a Convertible Preferred Stock Is Issued by the Company. 1.8 "Original Number of Shares" Shall Mean 36,964,758 (As Adjusted for Any Subsequent Stock Splits, Stock Dividends, Combinations and the Like. 1.9 "Series a Preferred Stock" Shall Mean the Series a Convertible Preferred Stock, $.001 Par Value Per Share, of the Company. 2. Dividend Rights
12/34/56
EX-3.5
from 8-K/A
5 pages
The Board of Directors and Majority Shareholders Do Hereby Fix and Determine the Rights, Preferences, Privileges, Restrictions and Other Matters Relating to the Series a Convertible Preferred Stock as Follows: 1. Definitions. for Purposes of This Certificate of Designation, the Following Definitions Shall Apply: 1.1 "Board" Shall Mean the Board of Directors of the Company. 1.2 "Company" Shall Mean Ukarma Corporation, a Nevada Corporation. 1.3 "Common Stock" Shall Mean the Common Stock, $.001 Par Value Per Share, of the Company. 1.4 "Common Stock Dividend" Shall Mean a Stock Dividend Declared and Paid on the Common Stock That Is Payable in Shares of Common Stock. 1.5 "Distribution" Shall Mean the Transfer of Cash or Property by the Company to One or More of Its Stockholders Without Consideration, Whether by Dividend or Otherwise (Except a Dividend in Shares of Company's Stock). 1.6 “Net Income” Shall Mean Net Income for the Purposes of the Preferred Dividend Shall Mean the Amount Stated on the Year End Audited Financial Statement of the Company Excluding Any Extraordinary Items as Determined by the Board of Directors. 1.7 "Original Issue Date" Shall Mean the Date on Which the First Share of Series a Convertible Preferred Stock Is Issued by the Company. 1.8 "Original Number of Shares" Shall Mean 36,964,758 (As Adjusted for Any Subsequent Stock Splits, Stock Dividends, Combinations and the Like. 1.9 "Series a Preferred Stock" Shall Mean the Series a Convertible Preferred Stock, $.001 Par Value Per Share, of the Company. 2. Dividend Rights
12/34/56
