Are these statements in all of the regular Preferreds C,D F, J??? Anyone?
Holders of Series G Preferred Stock, together with holders of such other preferred stock entitled to elect preferred directors, voting together as a class, may remove and replace either of the directors they elected. If the office of either such director becomes vacant for any reason other than removal, the remaining director may choose a successor who will hold office for the unexpired term of the vacant office.
So long as any shares of Series G Preferred Stock remain outstanding, Lehman Brothers Holdings will not, without the vote of the holders of at least 662/3% of the shares of the Series G Preferred Stock:
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authorize, create or issue any capital stock of Lehman Brothers Holdings ranking, as to dividends or upon liquidation, dissolution or winding up, senior to the Series G Preferred Stock, or reclassify any authorized capital stock of Lehman Brothers Holdings into any such shares of such capital stock, or issue any obligation or security convertible into or evidencing the right to purchase any such shares; or
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amend, alter or repeal the certificate of designations for the Series G Preferred Stock, or the certificate of incorporation of Lehman Brothers Holdings, whether by merger, consolidation or otherwise, in a way that adversely affects the powers, preferences or special rights of the Series G Preferred Stock.
Thanks
Coach T
