Each Right entitles its registered holder to purchase from the Company, at or after the
Separation Time, one one-hundredth of a share of Participating Preferred Stock, par value $0.01 per share (“Participating Preferred
Stock”), which have voting and economic rights similar to those of one share of Class A Common Stock, for $40.00 (the “Exercise
Price”), subject to adjustment.
From the terp 8k on monday.