Attached files
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8-K - FORM 8-K - DIAL GLOBAL, INC. /DE/ | c92963e8vk.htm |
EX-10.1 - EXHIBIT 10.1 - DIAL GLOBAL, INC. /DE/ | c92963exv10w1.htm |
Exhibit 3.1
CERTIFICATE OF ELIMINATION OF THE
7.50% SERIES A CONVERTIBLE PREFERRED STOCK
7.50% SERIES A-1 CONVERTIBLE PREFERRED STOCK, AND
8.0% SERIES B CONVERTIBLE PREFERRED STOCK
OF
WESTWOOD ONE, INC.
7.50% SERIES A CONVERTIBLE PREFERRED STOCK
7.50% SERIES A-1 CONVERTIBLE PREFERRED STOCK, AND
8.0% SERIES B CONVERTIBLE PREFERRED STOCK
OF
WESTWOOD ONE, INC.
Pursuant to Section 151(g)
of the General Corporation Law
of the State of Delaware
of the General Corporation Law
of the State of Delaware
Westwood One, Inc., a corporation organized and existing under the laws of the State of
Delaware (the Company), in accordance with the provisions of Section 151(g) of the General
Corporation Law of the State of Delaware (the General Corporation Law), hereby certifies as
follows:
1. That, pursuant to Section 151 of the General Corporation Law and authority granted in the
Restated Certificate of Incorporation of the Company, as theretofore amended, the Board of
Directors of the Company by resolution duly adopted, authorized the issuance of a series of 75,000
shares of 7.50% Series A Convertible Preferred Stock, par value $0.01 per share (the Series A
Preferred Stock) and established the voting powers, designations, preferences and relative,
participating and other rights, and the qualifications, limitations or restrictions thereof, and on
June 19, 2008, filed a Certificate of Designation (the Series A Designation) with respect to the
Series A Preferred Stock in the office of the Secretary of State of the State of Delaware (the
Secretary of State).
2. That, pursuant to Section 151 of the General Corporation Law and authority granted in the
Restated Certificate of Incorporation of the Company, as theretofore amended, the Board of
Directors of the Company by resolution duly adopted, authorized the issuance of a series of 75,000
shares of 7.50% Series A-1 Convertible Preferred Stock, par value $0.01 per share (the Series A-1
Preferred Stock) and established the voting powers, designations, preferences and relative,
participating and other rights, and the qualifications, limitations or restrictions thereof, and on
April 23, 2009, filed a Certificate of Designation (the Series A-1 Designation) with respect to
the Series A-1 Preferred Stock in the office of the Secretary of State of the State of Delaware.
3. That, pursuant to Section 151 of the General Corporation Law and authority granted in the
Restated Certificate of Incorporation of the Company, as theretofore amended, the Board of
Directors of the Company by resolution duly adopted, authorized the issuance of a series of 59,962
shares of 8.0% Series B Convertible Preferred Stock, par value $0.01 per share (the Series B
Preferred Stock and together with the Series A Preferred Stock and the Series A-1 Preferred Stock,
the Preferred Stock) and established the voting powers, designations, preferences and relative,
participating and other rights, and the qualifications, limitations or restrictions thereof, and on
April 23, 2009, filed a Certificate of Designation (the Series B Designation together with the
Series A Certificate of Designation and the Series A-1
Certificate of Designation, the Certificates of Designation) with respect to the Series B
Preferred Stock in the office of the Secretary of State of the State of Delaware.
4. That no shares of said Preferred Stock are outstanding and no shares thereof will be issued
subject to said Certificates of Designation.
5. That the Board of Directors of the Company has duly adopted the following resolutions:
WHEREAS, by resolution of the Board of Directors of the Company and by a Certificate of
Designation (the Series A Certificate of Designation) filed in the office of the
Secretary of State of the State of Delaware (the Secretary of State) on June 19, 2008,
the Company authorized the issuance of a series of 75,000 shares of 7.50% Series A Convertible
Preferred Stock, par value $0.01 per share (the Series A Preferred Stock) and established
the voting powers, designations, preferences and relative, participating and other rights, and the
qualifications, limitations or restrictions thereof;
WHEREAS, by resolution of the Board of Directors of the Company and by a Certificate of
Designation (the Series A-1 Certificate of Designation) filed in the office of the
Secretary of State on June April 23, 2009, the Company authorized the issuance of a series of
75,000 shares of 7.50% Series A-1 Convertible Preferred Stock, par value $0.01 per share (the
Series A-1 Preferred Stock) and established the voting powers, designations, preferences
and relative, participating and other rights, and the qualifications, limitations or restrictions
thereof;
WHEREAS, by resolution of the Board of Directors of the Company and by a Certificate of
Designation (the Series B Certificate of Designation together with the Series A
Certificate of Designation and the Series A-1 Certificate of Designation, the Certificates of
Designation) filed in the office of the Secretary of State on April 23, 2009, the Company
authorized the issuance of a series of 59,962 shares of 8.0% Series B Convertible Preferred Stock,
par value $0.01 per share (the Series B Preferred Stock and together with the Series A
Preferred Stock and the Series A-1 Preferred Stock, the Preferred Stock) and established
the voting powers, designations, preferences and relative, participating and other rights, and the
qualifications, limitations or restrictions thereof;
WHEREAS, all such shares of Preferred Stock have been reacquired by the Company as of the date
hereof;
WHEREAS, as of the date hereof, no shares of such Preferred Stock are outstanding and no
shares of such Preferred Stock will be issued subject to said Certificates of Designation; and
WHEREAS, it is desirable that all matters set forth in the Certificates of Designation with
respect to such Preferred Stock be eliminated from the Restated Certificate of Incorporation, as
heretofore amended, of the Company.
NOW THEREFORE BE IT RESOLVED, that all matters set forth in the Certificates of Designation
with respect to such Preferred Stock be eliminated from the Restated Certificate of Incorporation,
as heretofore amended, of the Company; and it is further.
RESOLVED, that the officers of the Company be, and hereby are, authorized and directed to file
a Certificate with the office of the Secretary of State setting forth a copy of these resolutions
whereupon all matters set forth in the Certificates of Designation with respect to such Preferred
Stock shall be eliminated from the Restated Certificate of Incorporation, as heretofore amended, of
the Company.
6. That, accordingly, all matters set forth in the Certificates of Designation with respect to
the Preferred Stock be, and hereby are, eliminated from the Restated Certificate of Incorporation,
as heretofore amended, of the Company.
[Signature Page Follows]
IN WITNESS WHEREOF, Westwood One, Inc. has caused this Certificate to be executed by its duly
authorized officer this 18th day of November, 2009.
WESTWOOD ONE, INC. |
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By: | /s/ David Hillman | |||
Name: | David Hillman | |||
Title: | CAO and General Counsel | |||