Rights Agreement认购权协议范本.docx

Rights Agreement认购权协议范本.docx

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RightsAgreement认购权协议范本

RIGHTSAGREEMENT

AAA,INC.

and

THEBANKOF_________

RightsAgent

Datedasof_________,_________,_________（M,D,Y）

TABLEOFCONTENTS

Section1.CertainDefinitions

Section2.AppointmentofRightsAgent

Section3.IssuanceofRightCertificates

Section4.FormofRightCertificates

Section5.CountersignatureandRegistration

Section6.Transfer,SplitUp,CombinationandExchangeofRightCertificates;

Mutilated,Destroyed,LostorStolenRightCertificates

Section7.ExerciseofRights;PurchasePrice;ExpirationDateofRights

Section8.CancellationofRightCertificates

Section9.ReservationandAvailabilityofSharesofPreferredStock

Section10.PreferredStockRecordDate

Section11.AdjustmentofPurchasePrice,NumberofSharesorNumberofRights

Section12.CertificateofAdjustedPurchasePriceorNumberofShares

Section13.Consolidation,MergerorSaleorTransferofAssetsorEarningsPower

Section14.FractionalRightsandFractionalShares

Section15.RightsofAction

Section16.AgreementofRightHolders

Section17.RightCertificateHolderNotDeemedaShareholder

Section18.ConcerningtheRightsAgent

Section19.MergerorConsolidationorChangeofNameofRightsAgent

Section20.DutiesofRightsAgent

Section21.ChangeofRightsAgent

Section22.IssuanceofNewRightCertificates

Section23.RedemptionandTermination

Section24.Exchange

Section25.NoticeofProposedActions

Section26.Notices

Section27.SupplementsandAmendments

Section28.Successors

Section29.BenefitsofThisAgreement

Section30.Severability

Section31.GoverningLaw

Section32.Counterparts

Section33.DescriptiveHeadings

Section34.Administration

ExhibitAFormofAAARightCertificate

ExhibitBFormofMCIRightCertificate

ExhibitCSummaryofPreferredStockPurchaseRights

RIGHTSAGREEMENT

ThisAgreement,datedasof_________,_________,_________（M,D,Y）isenteredintobetweenAAA,Inc.,a_________（STATE）corporation（the"Company"）andTheBankof_________,a_________bankingcorporation（the"RightsAgent",whichtermshallincludeanysuccessorRightsAgenthereunder）.

WITNESSETH

WHEREAS,theBoardofDirectorsoftheCompanyhasauthorizedanddeclaredadividenddistributionof（i）onepreferredsharepurchaseright（"AAARight"）,representingtherighttopurchaseoneonethousandthofashareofSeries4JuniorParticipatingPreferredStock（the"Series4PreferredStock"）havingtherights,powersandpreferencessetforthintheCompany'sArticlesofIncorporation,asamended（the"ArticlesofIncorporation"）,foreachshareofAAAGroupStock（asdefinedbelow）outstandingontheCloseofbusinesson_________,_________,_________（M,D,Y）（the"RecordDate"）and（ii）onepreferredsharepurchaseright（"MCIRight",togetherwiththeAAARight,the"Rights"）,representingtherighttopurchaseoneonethousandthofashareofSeries5JuniorParticipatingPreferredStock（the"Series5PreferredStock"）havingtherights,powersandpreferencessetforthintheArticlesofIncorporation,foreachshareofMCIGroupStock（asdefinedbelow）outstandingontheCloseofbusinessontheRecordDate;

WHEREAS,theBoardofDirectorsoftheCompanyhasfurtherauthorizedanddirectedtheissuanceofoneRightwithrespecttoeachadditionalshareofCommonStock（asdefinedbelow）whichshallbeissuedandbecomeoutstandingbetweentheRecordDateandtheearliertooccuroftheCloseofbusinessontheDistributionDate（assuchtermisdefinedinSection3hereof）andtheCloseofbusinessontheExpirationDate;

WHEREAS,theCompanydesirestoappointtheRightsAgenttoactasprovidedherein,andtheRightsAgentiswillingtosoact;and

NOW,THEREFORE,inconsiderationofthepremisesandthemutualagreementshereinsetforth,thepartiesherebyagreeasfollows:

SECTION1.CERTAINDEFINITIONS.ForpurposesofthisAgreement,thefollowingtermshavethemeaningsindicated:

（a）"AcquiringPerson"meansanyPerson（ashereinafterdefined）whoorwhich,togetherwithallAffiliates（ashereinafterdefined）andAssociates（ashereinafterdefined）ofsuchPerson,withoutthePriorWrittenApprovaloftheCompany（ashereinafterdefined）,shallbetheBeneficialOwner（ashereinafterdefined）ofsecuritiesoftheCompanyconstituting15%ormoreoftheVotingPower（ashereinafterdefined）oftheCompanyorwassuchaBeneficialOwneratanytimeafterthedatehereof,whetherornotsuchPersoncontinuestobetheBeneficialOwnerofsecuritiesrepresenting15%ormoreoftheVotingPoweroftheCompany,butshallnotinclude（i）theCompany,anySubsidiary（ashereinafterdefined）oftheCompany,anyemployeebenefitplanorcompensationarrangementoftheCompanyoranySubsidiaryoftheCompany,oranyentityholdingsecuritiesoftheCompanytotheextentorganized,appointedorestablishedbytheCompanyoranySubsidiaryoftheCompanyfororpursuanttothetermsofanysuchemployeebenefitplanorcompensationarrangementor（ii）anyPersonwhoorwhich,togetherwithallAffiliatesandAssociatesofsuchPerson,inadvertentlymaybecometheBeneficialOwnerofsecuritiesoftheCompanyrepresenting15%ormoreoftheVotingPoweroftheCompanyorotherwisebecomessuchaBeneficialOwnerwithoutaplanorintentiontoacquirecontroloftheCompany,solongassuchPerson,individuallyortogetherwiththeAffiliatesandAssociatesofsuchPerson,promptlyentersinto,anddeliverstotheCompany,anirrevocablecommitmentpromptlytodivest,andthereafterpromptlydivests（withoutexercisingorretaininganypower,includingvoting,withrespecttosuchsecurities）,sufficientsecuritiesoftheCompanysothatsuchPerson,togetherwithallAffiliatesandAssociatesofsuchPerson,ceasestobetheBeneficialOwnerof15%ormoreoftheVotingPoweroftheCompany.Notwithstandingtheforegoing,（x）noPersonshallbecomean"AcquiringPerson"astheresultofanacquisitionofvotingsecuritiesoftheCompanybytheCompanywhich,byreducingtheamountofsuchsecuritiesoutstanding,increasestheproportionatevotingpowerofsuchsecuritiesbeneficiallyownedbysuchPersonto15%ormoreoftheVotingPower;provided,however,thatifaPersonbecomestheBeneficialOwnerofsecuritiesconstituting15%ormoreoftheVotingPowerbyreasonofpurchasesbytheCompanyandshall,aftersuchpurchasesbytheCompany,becometheBeneficialOwnerofanyadditionalvotingsecuritiesoftheCompanywithoutthePriorWrittenApprovaloftheCompany,thensuchPersonshallbedeemedtobeanAcquiringPerson;and（y）noPersonshallbecomean"AcquiringPerson"astheresultofachangeinthecurrentmarketprice（asdefinedinSection11（f）hereof）ofeitherAAAGroupStockorMCIGroupStockthat,increasestheproportionatevotingpowerofsuchsecuritiesbeneficiallyownedbysuchPersonto15%ormoreoftheVotingPower;provided,however,thatifaPersonbecomestheBeneficialOwnerofsecuritiesconstituting15%ormoreoftheVotingPowerbyreasonofachangeinthecurrentmarketpriceofeitherAAAGroupStockorMCIGroupStockandshall,aftersuchchangeinthecurrentmarketprice,becometheBeneficialOwnerofanyadditionalvotingsecuritiesoftheCompanywithoutthePriorWrittenApprovaloftheCompany,thensuchPersonshallbedeemedtobeanAcquiringPerson.

（b）"Affiliate"and"Associate"havetherespectivemeaningsascribedtosuchtermsinRule12b2oftheGeneralRulesandRegulationsundertheSecuritiesExchangeActof1934,asamended（the"ExchangeAct"）,asineffectonthedatehereof.

（c）APersonshallbedeemedthe"BeneficialOwner"of,andshallbedeemedto"beneficiallyown",anysecurities:

（i）whichsuchPersonoranyofsuchPerson'sAffiliatesorAssociatesbeneficiallyowns,directlyorindirectlyasdeterminedpursuanttoRule13d3oftheGeneralRulesandRegulationsundertheExchangeAct,asineffectonthedatehereof;

（ii）whichsuchPersonoranyofsuchPerson'sAffiliatesorAssociateshas（A）therighttoacquire（whethersuchrightisexercisableimmediatelyoronlyafterthepassageoftime）pursuanttoanyagreement,arrangementorunderstanding（otherthancustomaryagreementswithandbetweenunderwritersandsellinggroupmemberswithrespecttoabonafidepublicofferingofsecurities）,orupontheexerciseofconversionrights,exchangerights,rights（otherthantheseRights）,warrantsoroptions,orotherwise,provided,however,thataPersonshallnotbedeemedthe"BeneficialOwner"ofsecuritiestenderedpursuanttoatenderorexchangeoffermadebyoronbehalfofsuchPersonoranyofsuchPerson'sAffiliatesorAssociatesuntilsuchtenderedsecuritiesareacceptedforpaymentorexchange;or（B）therighttovotepursuanttoanyagreement,arrangementorunderstanding,provided,however,thataPersonshallnotbedeemedthe"BeneficialOwner"ofanysecurityunderthisclause（B）iftheagreement,arrangementorunderstandingtovotesuchsecurity

（1）arisessolelyfromarevocableproxyorconsentgiveninresponsetoapublicproxyorconsentsolicitationmadepursuantto,andinaccordancewith,theapplicablerulesandregulationsundertheExchangeActand

（2）isnotalsothenreportablebysuchPersononSchedule13DundertheExchangeAct（oranycomparableorsuccessorreport）;or

（iii）whicharebeneficiallyowned,directlyorindirectly,byanyotherPersonwithwhichsuchPersonoranyofsuchPerson'sAffiliatesorAssociateshasanyagreement,arrangementorunderstanding（otherthancustomaryagreementswithandbetweenunderwritersandsellinggroupmemberswithrespecttoabonafidepublicofferingofsecurities）forthepurposeofacquiring,holding,voting（exceptpursuanttoa