SHARES 8.1. Types of Shares Placed by the Company. General Rights and Obligations of Shareholders




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8. SHARES
8.1. Types of Shares Placed by the Company. General Rights and Obligations of Shareholders
8.1.1. The Company shall have the right to place common shares, and also preferred shares of one or several types.
8.1.2. All shares of the Company shall be registered, and shall be issued in non-documentary form.
8.1.3. Shareholders shall not be liable for the obligations of the Company and shall bear the risk of losses resulting from its operations to the extent of the value of the shares held by them.
8.1.4. Shareholders who have not fully paid up shares upon their placement shall bear joint and several liability for the obligations of the Company to the extent of the unpaid part of the value of the shares held by them.
8.1.5. The shareholder shall be obliged:
to comply with the requirements of the Charter;
to pay up the shares upon their placement within the time limits, under the procedures and in the ways stipulated by the laws, the Charter of the Company and the agreement on the placement of shares;
to discharge other duties as stipulated by the law, by the Charter and also by decisions passed by the shareholders' general meeting within its terms of reference.
8.1.6. Rights of the holders of shares of all categories (types):
to alienate the shares held by them without the consent of other shareholders and/or the Company;
the shareholders of the Company shall have the preferred right to buy additional shares and emission securities convertible into shares, when they are placed through closed subscription, in quantities proportionate to the quantity of the shares of the respective category (type) held by them;
the shareholders of the Company who have voted against the placement of shares or emission securities convertible into shares through closed subscription or who have not participated in the vote on this matter shall have the preferred right to buy additional shares and emission securities convertible into shares, when they are placed through closed subscription, in quantities proportionate to the quantity of the shares of the respective category (type) held by them. The said right shall not apply to the placement of shares or other emission securities convertible into shares through closed subscription exclusively among shareholders in the event shareholders can acquire a whole number of placed shares or other emission securities convertible into shares in quantities proportionate to the quantity of the shares of the respective category (type) held by them;
to receive a share of net profits (dividends) to be distributed between shareholders as prescribed by the law and the Charter depending on the category (type) of the shares held by him/her;
to receive part of the property of the Company (liquidation quota) remaining after the liquidation of the Company in proportion to the quantity of the shares of the respective category (type) held by him/her;
to have access to the documents of the Company as prescribed by the law and the Charter and to obtain copies thereof for pay;
to exercise other rights as prescribed by the laws, the Charter and decisions passed by the shareholders' general meeting within its terms of reference.
8.1.7. If a party (independently or jointly with affiliated party or parties) shall acquire 30 (thirty) or more percent of the Company's shares, subject to the amount of the party’s owned shares, such party shall be released from the requirements of clause 2 of article 80 of the Federal Law "On Joint-Stock Companies" to offer shareholders the right to tender Company shares owned by them and securities convertible into equities at the market price, but not cheaper than their weighted average price over a period of six months prior to the acquisition date.


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SHARES 8.1. Types of Shares Placed by the Company. General Rights and Obligations of Shareholders

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