Washington Amendment of Restated Certificate of Incorporation refers to the legal process of modifying the terms and conditions outlined in the original certificate of incorporation of a company incorporated in the state of Washington. This amendment specifically focuses on altering the dividend rate associated with the $10.50 cumulative second preferred convertible stock. Keywords: Washington Amendment, Restated Certificate of Incorporation, dividend rate, $10.50 cumulative second preferred convertible stock. There can be several variations of the Washington Amendment of Restated Certificate of Incorporation to change the dividend rate on $10.50 cumulative second preferred convertible stock. These variations may include: 1. Washington Amendment of Restated Certificate of Incorporation to Increase Dividend Rate on $10.50 Cumulative Second Preferred Convertible Stock: This type of amendment aims to raise the dividend rate offered on the $10.50 cumulative second preferred convertible stock. It could be driven by the company's desire to attract more investors or address changing market conditions. 2. Washington Amendment of Restated Certificate of Incorporation to Decrease Dividend Rate on $10.50 Cumulative Second Preferred Convertible Stock: This variation involves reducing the dividend rate associated with the $10.50 cumulative second preferred convertible stock. Such an amendment might be implemented to optimize the company's capital structure or adjust to a changing financial landscape. 3. Washington Amendment of Restated Certificate of Incorporation to Replace Dividend Rate Calculation Method for $10.50 Cumulative Second Preferred Convertible Stock: This type of amendment focuses on replacing the existing formula or method used to calculate the dividend rate of the $10.50 cumulative second preferred convertible stock. The modification could take into account factors like market dynamics, industry standards, or shareholder preferences. 4. Washington Amendment of Restated Certificate of Incorporation to Convert $10.50 Cumulative Second Preferred Stock to Non-convertible Stock: In this case, the amendment aims to eliminate the conversion feature associated with the $10.50 cumulative second preferred convertible stock. By removing the convertibility aspect, the company may offer more stability to preferred shareholders or align its capital structure with its strategic objectives. These variations represent potential scenarios where a company might utilize the Washington Amendment of Restated Certificate of Incorporation to modify the dividend rate or other relevant aspects of the $10.50 cumulative second preferred convertible stock. It's important to note that each scenario is unique, and the specific objectives driving the amendment process may differ from one company to another.