EX-4 16 ex4-1c.htm AMENDMENT TO CERTIFICATE OF DESIGNATION AFTER ISSUANCE OF CLASS OR SERIES DATED 3/14/2014

Exhibit 4.1(c)

 

[NEVADA STATE SEAL]  

ROSS. MILLER

Secretary of State

204 North Carson Street, Suite 1
Carson City, Nevada 89701-4520

(775) 684 5708

Website: www.nvsos.gov

 

 

Filed in the office of

/s/ Ross Miller 

Document Number

20140188786-65

Ross Miller
Secretary of State

Filing Date and Time

03/14/201411:10 AM

State of Nevada

Entity Number

C7726-1999


 

Amendment to
Certificate of Designation
After Issuance of Class or Series

(PURSUANT TO NRS 78.1955

 

 

USE BLACK INK ONLY - DO NOT HIGHLIGHT ABOVE SPACE IS FOR OFFICE USE ONLY

 

Certificate of Amendment to Certificate of Designation For
Nevada Profit Corporations
(Pursuant to NRS 78.1955 - After Issuance of Class or Series)

 

1. Name of corporation:

 

Avalon Oil & Gas, Inc.

 

 

2. Stockholder approval pursuant to statute has been obtained.

 

 

3. The class or series of stock being amended:

Series B Preferred Stock, par value $0.10 per share

 

 

4. By a resolution adopted by the board of directors, the certificate of designation is being amended as follows or the new class or series is:

A new Subsection (B) is added to Article 3. Dividends, as follows:

 

“(B)  The rate of Dividends set forth in Article 3, section (A) above shall increase from eight percent (8%) to nine percent (9%) per annum beginning April 1, 2014. In addition, beginning on April 1, 2014, the Dividend Payment Date, as defined in Article 3, Section (A) above, will be April 15 of each year, or if not a business day, on the next succeeding business day.”

 

 

5. Effective date of filing: (optional)   April 1, 2014
  (must not be later than 90 days after the certificate is filed)

 

 

6. Signature: (required)

 

X [Signature]

______________________________________________

Signature of Officer

 

Filing Fee: $175.00

 

IMPORTANT: Failure to include any of the above information and submit with the proper fees may cause this filing to be rejected.

 

This form must be accompanied by appropriate fees.   Nevada Secretary of State NRS Amend Designation - After