Exhibit 4-12
PENNSYLVANIA DEPARTMENT OF STATE
CORPORATION BUREAU
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Entity Number: Statement with Respect to Shares
278411 Domestic Business Corporation
(15 Pa.C.S. ss. 1522)
Name
PECO Energy Company
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Address name and address you enter to
2301 Market Street the left.
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City State Zip Code
Philadelphia PA 19101
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Fee: $52 ________________________________________________________
| Filed in the Department of State on ___________________
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| Secretary of the Commonwealth
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In compliance with the requirements of 15 Pa.C.S. ss. 1522(b) (relating to
statement with respect to shares), the undersigned corporation, desiring to
state the designation and voting rights, preferences, limitations, and special
rights, if any, of a class or series of its shares, hereby states that:
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|1. The name of the corporation is: |
|PECO Energy Company |
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2. Check and complete one of the following:
___ The resolution amending the Articles under 15 Pa.C.S. ss. 1522(b) (relating
to divisions and determinations by the board), set forth in full, is as
follows:
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X The resolution amending the Articles under 15 Pa.C.S.ss. 1522(b) is set
___ forth in full in Exhibit A attached hereto and made a part hereof.
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3. The aggregate number of shares of such class or series established and
designated by (a) such resolution, (b) all prior statements, if any, filed
under 15 Pa.C.S. ss. 1522 or corresponding provisions of prior law with
respect thereto, and (c) any other provision of the Articles is
____________ shares.
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4. The resolution was adopted by the Board of Directors or an authorized
committee thereon on:
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5. Check, and if appropriate complete, one of the following:
___ The resolution shall be effective upon the filing of this statement with
respect to shares in the Department of State.
___The resolution shall be effective on: ________ at __________.
Date Hour
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IN TESTIMONY WHEREOF, the undersigned corporation
has caused this statement to be signed by a duly
authorized officer thereof this
___ day of _____________,_______.
PECO Energy Company
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Name of Corporation
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Signature
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Title
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[OBJECT OMITTED]
Department of State
Corporation Bureau
P.O. Box 8722
Harrisburg, PA 17105-8722
(717) 787-1057
web site: www.dos.state.pa.us/corp.htm
Instructions for Completion of Form:
A. Typewritten is preferred. If not, the form shall be completed in black or
blue-black ink in order to permit reproduction. The filing fee for this
form is $52 made payable to the Department of State.
B. A separate form shall be submitted for each class or series of shares
affected. If a number of classes or series of shares are affected at the
same time, consideration should be given to filing form DSCB:15-1915/5915
(Articles of Amendment-Domestic Corporation).
C. The effective date in Paragraph 5 may not be prior to the filing date, but
the resolution may state a prior effective date "for accounting purposes
only."
D. If the corporation was incorporated on or after October 1, 1989, the words
"or corresponding provisions of prior law" may be omitted from Paragraph 3.
E. This form and all accompanying documents shall be mailed to the address
stated above.
F. To receive confirmation of the file date prior to receiving the microfilmed
original, send either a self-addressed, stamped postcard with the filing
information noted or a self-addressed, stamped envelope with a copy of the
filing document.
EXHIBIT A
RESOLUTIONS OF BOARD OF DIRECTORS
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RESOLVED, that the Company hereby establishes a series of Preferred
Stock which shall be designated as " % Preferred Stock", consisting of shares
without par value.
RESOLVED, that the terms of the % Preferred Stock, in the respect in
which the shares of such series may vary from shares of the other series of the
Preferred Stock shall be as follows:
(a) The dividend rate of % Preferred Stock shall be % per annum, and
shall be the date from which dividends shall be cumulative on all shares issued
prior to the record date for the dividend payable .
(b) The redemption price of the % Preferred Stock shall be $ per
share if redeemed on or before , $ per share if redeemed thereafter, but on or
before , $ if redeemed thereafter but on or before , and $ per share if redeemed
on or after , together, in each case, with a sum equal to accumulated and unpaid
dividends, computed as provided in Section 403 of Article IV of the Company's
Amended and Restated Articles of Incorporation.
(c) The amount per share for the % Preferred Stock payable to the
holders thereof upon any voluntary or involuntary liquidation, dissolution or
winding-up of the Company, to which shall be added a sum equal to accumulated
and unpaid dividends, computed as provided in Section 4 of the Company's Amended
and Restated Articles of Incorporation, shall be $ .