COMMON STOCK CLASSES
All stockholders are eligible for patronage credits based on use of the
Linx system. Holders of Class A-D stock are also eligible to serve on
the Linx Board of Directors. Please note in order to
purchase preferred stock you must be a co-op member.
CLASS
A - PROVIDERS ONE-TIME INVESTMENT: $2,000 VOTING
For transportation companies that provide more than 50,000 rides/year
CLASS
B - SHUTTLES ONE-TIME INVESTMENT: $1,000 VOTING
For transportation operators that provide fewer than 50,000 rides/year
CLASS
C - CORPORATE ONE-TIME INVESTMENT: $1,000 VOTING
For larger businesses and organizations that will benefit from a
region-wide system
CLASS
D - INDIVIDUALS ONE-TIME INVESTMENT: $500 VOTING
For sole proprietors and individuals seeking to support region-wide
service
CLASS
E - RIDERS ONE-TIME INVESTMENT: $50 NON-VOTING
For those interested in supporting Linx with a minimal up-front
investment
PREFERRED
STOCK FULL SHARE: $1,000 NON-VOTING
These stockholders will receive first priority for dividend payments
when the board
chooses to payout residual income in any given year. While only single
shares of
common stock can be purchased, multiple and partial shares of preferred
stock are
available without limit. Please note in order to
purchase preferred stock you must be a co-op member. |
MEMBERSHIP CERTIFICATES
(no
equity stake but have
voting
privileges)
PUBLIC
PROVIDER
ONE-TIME
INVESTMENT: $2,000
This member category is designed for
quasi-governmental entities that may not
be able to, or would prefer not to, have
an equity stake in Linx. These members
are eligible for board service and have
voting rights.
AGENCY
ONE-TIME
INVESTMENT: $1,000
This member category is designed for
all of the governmental agencies with a
stake in transportation within the Greater
Yellowstone region. Many of them are
not able to have an equity stake in any
corporation. This category accommodates
that restriction, but gives the agency voting
rights and they are eligible for board service. |
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