Form C - Undertaking - Quarterly Reports - Colorado Department Of Regulatory Agencies Page 2

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with respect to the election of directors or other matters shall
be described.
ii.
Describe any arrangements, known to the Registrant, including any
pledge by any person of securities of the Registrant or any of its
parents, the operation of which may at a subsequent date result in a
change in control of the registrant.
Item B.
Acquisition or Disposition of Assets.
If the Registrant or any of its majority-owned subsidiaries has acquired or
disposed of a significant amount of assets, otherwise than in the ordinary
course of business, furnish the following information:
i.
The date and manner of the acquisition or disposition and a brief
description of the assets involved, the nature and amount of
consideration given or received therefor, the principal followed in
determining the amount of such consideration, the identity of the
person(s) from whom the assets were acquired or to whom they
were sold and the nature of any material relationship between such
person(s) and the Registrant or any of its affiliates, and director or
officer of the Registrant, or any associate of any such director or
officer. If the transaction being reported is an acquisition, identify
the source(s) of the funds used.
ii.
If any assets so acquired by the Registrant or its subsidiaries
constituted plant, equipment or other physical property, state the
nature of the business in which the assets were used by the
person(s) from whom acquired and whether the Registrant intends
to continue such use or intends to devote the assets to other
purposes, indicating such other purposes.
Instructions:
1.
The term “acquisition” includes every purchase, acquisition
by lease, exchange, merger, consolidation, succession or
other acquisition; provided that such term does not include
the construction or development of property by or for the
Registrant or its subsidiaries or the acquisition of materials
for such purpose.
The term “disposition” includes every
sale, disposition by lease, exchange, merger, consolidation,
mortgage, or hypothecation of assets, assignment, whether
for the benefit of creditors or otherwise, abandonment,
destruction, or other disposition.
2

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