EXHIBIT 4(vi)
DESCRIPTION OF EXXONMOBIL HOLDINGS CORPORATION CAPITAL STOCK
The following description of the terms of ExxonMobil Holdings Corporation’s (“ExxonMobil”) capital stock is a summary only and is qualified by reference to the relevant provisions of Texas law and the ExxonMobil amended and restated certificate of incorporation and by-laws.
Authorized Capital Stock
Under the ExxonMobil amended and restated certificate of incorporation, ExxonMobil’s authorized capital stock consists of nine billion (9,000,000,000) shares of common stock, par value $0.001 per share, and two hundred million (200,000,000) shares of preferred stock, par value $0.001 per share.
Description of Common Stock
Voting Rights. Each holder of ExxonMobil common stock is entitled to one vote for each share of ExxonMobil common stock held of record on the applicable record date on all matters submitted to a vote of shareholders.
Dividend Rights. Holders of ExxonMobil common stock are entitled to receive such dividends as may be declared from time to time by ExxonMobil’s board of directors out of funds legally available therefor, subject to any preferential dividend rights granted to the holders of any outstanding ExxonMobil preferred stock.
Rights upon Liquidation. Holders of ExxonMobil common stock are entitled to share pro rata, upon any liquidation, dissolution or winding up of ExxonMobil, in all remaining assets available for distribution to shareholders after payment of or provision for ExxonMobil’s liabilities and the liquidation preference of any outstanding ExxonMobil preferred stock.
Preemptive Rights. Holders of ExxonMobil common stock have no preemptive rights to purchase, subscribe for or otherwise acquire any unissued or treasury shares or other securities.
Description of Preferred Stock
Preferred Stock Outstanding. As of the date of this filing, no shares of ExxonMobil preferred stock were issued and outstanding.
Blank Check Preferred Stock. Under the ExxonMobil amended and restated certificate of incorporation, the ExxonMobil board of directors has the authority, without shareholder approval, to create one or more classes or series within a class of preferred stock, to issue shares of preferred stock in such class or series up to the maximum