Certificate of Designation for Series B Preferred Stock of [Company Name]

Summary

This document establishes the terms for the Series B Preferred Stock, consisting of 100,000 shares with a par value of $0.001 each. Holders of Series B Preferred Stock are entitled to dividends and liquidation rights equal to those of common shareholders, but receive 250 votes per share on all shareholder matters. The agreement outlines the rights and privileges of Series B shareholders in relation to dividends, voting, and liquidation, and is governed by Nevada law.

EX-4.0 3 nc_8ka-50513x40.txt Exhibit 4.0 CERTIFICATE OF DESIGNATION SERIES "B" PREFERRED STOCK The Series "B" Preferred Stock ("Series "A" Stock") shall consist of 100,000 shares, par value $0.001 per share. The preferences, rights and privileges of the Series "B" Stock shall be as follows: o Dividends shall be declared and set aside for any shares of the Series" B" Stock in the same manner as the Common Stock; o Each holder of Series "B" Stock shall be entitled to vote on all matters for which the shareholder of the corporation have the right to vote and shall be entitled to 250 votes per share. Except as otherwise expressly provided by the Nevada Business Corporation Act, the holders of shares of Series "B" Stock and Common Stock shall vote together as a single class on all matters; o In the event of any liquidation, dissolution or winding up of the corporation, the holders of the Series "B" Stock shall be entitled to be paid out of the assets of the corporation available for distribution to its shareholders in the same manner as, and without preference over, the holders of Common Stock.