Extraordinary Distribution

Extraordinary Distribution. Means a distribution by the Company to holders of shares of its Common Stock of securities, evidences of indebtedness, assets, cash, rights or warrants provided that the fair market value (as reasonably determined by the Board of Directors) of the property distributed exceeds 10% of the Fair Market Value of such shares on the applicable record date

Extraordinary Distribution. A distribution excluding an ordinary dividend, stock split or stock dividend, as defined pursuant to Section 424 of the Code.