The New York Certificate of Designation, Preferences, and Rights of Series B Junior Cumulative Convertible Preference Stock of Onyx Energy Company is a legal document that outlines the specific terms and conditions related to this particular class of stock. Keywords: New York Certificate of Designation, preferences, rights, Series B, junior cumulative convertible preference stock, Onyx Energy Company. The Series B Junior Cumulative Convertible Preference Stock refers to a type of stock offered by Onyx Energy Company, which is based in New York. This certificate of designation outlines the specific preferences and rights associated with this type of stock. It is essential for investors and shareholders to understand the details included in this document. The Series B junior cumulative convertible preference stock grants certain privileges and advantages to its holders. Some of these preferences and rights include: 1. Priority Dividends: Holders of Series B stock are entitled to receive dividends with priority over common stockholders. These dividends are cumulative, meaning that if they are not paid in one period, they will accumulate and must be paid in subsequent periods before any dividends can be distributed to common stockholders. 2. Conversion Option: The Series B stockholders have the right to convert their shares into a predetermined number of common shares at any time. This option allows investors to participate in potential future upside by converting their preferred stock into common stock and benefiting from potential capital appreciation. 3. Junior Status: The Series B stock is classified as junior, meaning that it ranks below senior securities in terms of priority during liquidation or bankruptcy proceedings. This outlines the potential risks associated with this type of stock, as senior securities are given priority in terms of repayment. 4. Cumulative Dividends: The Series B stockholders are entitled to receive dividends even if they are not declared or paid in a specific period. These unpaid dividends accumulate over time and must be paid before any distribution of dividends can be made to common stockholders. As for any other types of New York Certificate of Designation, Preferences, and Rights related to Onyx Energy Company, it is important to note that this answer specifically focuses on the Series B Junior Cumulative Convertible Preference Stock. It is possible that the company may have issued other series or classes of stock, each with their respective certificates of designation outlining their unique preferences and rights. Please note that this information is for informational purposes only and does not constitute legal or financial advice. It is always recommended consulting with a legal or financial professional for specific guidance regarding investments or securities.