Kansas Amendment of Restated Certificate of Incorporation to change dividend rate on $10.50 cumulative second preferred convertible stock is a legal document that outlines the modification of the dividend rate on the $10.50 cumulative second preferred convertible stock in a company's certificate of incorporation. This amendment is usually undertaken to adjust the dividend payment terms, which impact the financial interests of the stockholders. Keywords: Kansas Amendment, Restated Certificate of Incorporation, dividend rate, $10.50 cumulative second preferred convertible stock. In Kansas, there are a few different types of Amendments of Restated Certificate of Incorporation regarding changes to the dividend rate on $10.50 cumulative second preferred convertible stock. These types may include: 1. Standard Amendment: This refers to a general modification to the dividend rate on the $10.50 cumulative second preferred convertible stock. It may involve changing the rate of dividends paid out to stockholders or altering the calculation method for determining dividend payments. 2. Special Amendment: A special amendment is implemented when specific circumstances or conditions require a change in the dividend rate on the $10.50 cumulative second preferred convertible stock. This type of amendment is particular to certain situations, such as a corporate restructuring, financial crisis, or extraordinary market conditions. 3. Mandatory Amendment: A mandatory amendment is enforced by regulatory authorities or governing bodies in Kansas. It is usually necessary when there are legislative changes, regulatory requirements, or compliance issues that demand an adjustment to the dividend rate on the $10.50 cumulative second preferred convertible stock. 4. Voluntary Amendment: A voluntary amendment is initiated by the company's management or shareholders to adjust the dividend rate on the $10.50 cumulative second preferred convertible stock. This type of amendment is done at the discretion of the company and does not involve any external obligations. In conclusion, a Kansas Amendment of Restated Certificate of Incorporation to change the dividend rate on $10.50 cumulative second preferred convertible stock is a legal process that requires adjustment in the dividend payment terms. The modification can be either standard, special, mandatory, or voluntary, depending on the circumstances and legal requirements.