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Deposit Agreement

 

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Title:

Deposit Agreement

Entities:

PS Business Parks, Inc.

Date:

2001

Size:

Preview shows 5KB of 99KB total

Price:

$50

ID:

#266688

 

 

► Corporate ► Deposit Agreements
► Real Estate

 

 

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                            PS BUSINESS PARKS, INC.


AMERICAN STOCK TRANSFER & TRUST
COMPANY, AS DEPOSITARY

AND

THE HOLDERS FROM TIME TO TIME OF
THE DEPOSITARY RECEIPTS DESCRIBED HEREIN
RELATING TO SERIES D PREFERRED STOCK



DEPOSIT AGREEMENT



Dated as of May [__], 2001
{PAGE}

Table of Contents
-----------------

Page
----


ARTICLE I

Definitions

ARTICLE II

Form of Receipts, Deposit of Stock,
Execution and Delivery, Transfer,
Surrender and Redemption of Receipts
{TABLE}
{CAPTION}

{S} {C}
SECTION 2.1 Form and Transfer of Receipts............................................. 2

SECTION 2.2 Deposit of Stock; Execution and Delivery of Receipts in Respect Thereof... 4

SECTION 2.3 Registration of Transfer of Receipts....................................... 4

SECTION 2.4 Split-ups and Combinations of Receipts; Surrender of Receipts
and Withdrawal of Stock................................................... 5

SECTION 2.5 Limitations on Execution and Delivery, Transfer, Surrender
and Exchange of Receipts.................................................. 6

SECTION 2.6 Lost Receipts, etc........................................................ 6

SECTION 2.7 Cancellation and Destruction of Surrendered Receipts...................... 7

SECTION 2.8 Redemption of Stock....................................................... 7


ARTICLE III

Certain Obligations of Holders of Receipts and the Company

SECTION 3.1 Filing Proofs, Certificates and Other Information......................... 9

SECTION 3.2 Payment of Taxes or Other Governmental Charges............................ 9

SECTION 3.3 Warranty as to Stock...................................................... 9
{/TABLE}

i
{PAGE}

Table of Contents
-----------------
(continued)

Page
----


ARTICLE IV

The Deposited Securities; Notices
{TABLE}
{CAPTION}

{S} {C}
SECTION 4.1 Cash Distributions..................................................... 10

SECTION 4.2 Distributions Other than Cash, Rights, Preferences or Privileges....... 10

SECTION 4.3 Subscription Rights, Preferences or Privileges......................... 11

SECTION 4.4 Notice of Dividends, etc.; Fixing Record Date for Holders of Receipts.. 12

SECTION 4.5 Voting Rights.......................................................... 12

SECTION 4.6 Changes Affecting Deposited Securities and Reclassifications,
Recapitalizations, etc................................................. 13

SECTION 4.7 Delivery of Reports.................................................... 13

SECTION 4.8 List of Receipt Holders................................................ 14

ARTICLE V

Depositary, the Depositary's Agents, the Registrar and the Company


SECTION 5.1 Maintenance of Offices, Agencies and Transfer Books by the
Depositary; Registrar.................................................. 14

SECTION 5.2 Prevention of or Delay in Performance by the Depositary, the
Depositary's Agents, the Registrar or the Company...................... 15

SECTION 5.3 Obligation of the Depositary, the Depositary's Agents, the
Registrar and the Company.............................................. 15

SECTION 5.4 Resignation and Removal of the Depositary; Appointment
of Successor Depositary................................................ 17

SECTION 5.5 Corporate Notices and Reports.......................................... 18


 

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