Common use of Preferred Stock Clause in Contracts

Preferred Stock. A total of 15,000,000 authorized shares of Preferred Stock, $0.001 par value, 5,645,830 of which are designated Series A Preferred Stock and none of which are issued and outstanding and 4,861,111 of which are designated Series B Preferred Stock and none of which are issued outstanding.

Preferred Stock. A total of 15,000,000 100,000,000 authorized shares of Preferred StockStock ($0.01 par value per share), $0.001 par value, 5,645,830 of which are designated Series A Preferred Stock and none of which are is designated as to series, issued and outstanding and 4,861,111 of which are designated Series B Preferred Stock and none of which are issued or outstanding.

Preferred Stock. A total of 15,000,000 10 million authorized shares of Preferred Stock, $0.001 0.01 par value, 5,645,830 consisting of which are 900,000 shares designated as Series A Preferred Stock and Stock, none of which are issued and outstanding and 4,861,111 prior to the consummation of which are designated Series B Preferred Stock and none of which are issued outstandingthe transactions contemplated hereby.

Preferred Stock. A total of 15,000,000 authorized 4,215,618 shares of Preferred Stock, $0.001 par value, 5,645,830 ; 67,200 of which are shall be designated Series A Preferred Stock and none Stock; 3,975,618 of which are issued and outstanding and 4,861,111 of which are shall be designated Series B Stock; and 172,800 of which shall be designated Series C Stock. None of the Preferred Stock shall be issued or outstanding. The rights, preferences and none privileges of which are issued outstandingthe Preferred Stock will be as stated in the Revised Articles.

Preferred Stock. A total of 15,000,000 1,000,000 authorized shares of preferred stock, $.10 par value per share (the "Preferred Stock"), consisting of 1,200 shares designated as Series A Preferred Stock, $0.001 par value, 5,645,830 of which are designated Series A Preferred Stock and none of which are will be issued and outstanding outstanding. The rights, preferences and 4,861,111 privileges of which are designated the Series B Preferred A Stock will be as stated in the Articles of Amendment and none of which are issued outstandingas provided by law.

Preferred Stock. A total of 15,000,000 authorized 1,000,000 shares of preferred stock, par value $0.0001 per share (the “Preferred Stock”), are authorized, of which 100,000 shares are designated as Series A Convertible Preferred Stock, par value $0.001 par value0.0001 per share, 5,645,830 of which are designated Series A Preferred Stock and none all of which are issued and outstanding and 4,861,111 of which are designated Series B Preferred Stock and none of which are issued outstanding.

Preferred Stock. A total of 15,000,000 10,000,000 authorized shares of Preferred Stock (“Preferred Stock”), of which 7,000,000 will be designated as Series A Preferred Stock, par value $0.001 par valueper share, 5,645,830 2,461,019 of which are designated Series A Preferred Stock and none of which are will be issued and outstanding (including Make Good Escrow Shares and 4,861,111 Listing Shares) immediately following the consummation of which are designated Series B Preferred Stock and none of which are issued outstandingthe transactions contemplated hereby.

Preferred Stock. A total of 15,000,000 1,000,000 authorized shares of Preferred Stock, Stock ($0.001 0.01 par value), 5,645,830 none of which shares are issued and outstanding, but 500,000 of which will be designated Series A Preferred Stock and none Stock, certain of which are issued and outstanding and 4,861,111 of which are designated Series B Preferred Stock and none of which are issued outstandingStorMedia intends to issue simultaneously with the Closing hereunder.

Preferred Stock. A total of 15,000,000 1,000,000 authorized shares of Preferred Stock, $0.001 0.10 par valuevalue per share (the "Preferred Stock"), 5,645,830 of which are designated Series A Preferred Stock and none of which are is issued and outstanding and 4,861,111 of which are designated Series B Preferred Stock and none of which are issued or outstanding.

Preferred Stock. A total of 15,000,000 authorized Twenty-five thousand (25,000) shares --------------- of Preferred Stock, par value $0.001 par value.01 per share, 5,645,830 of which are fourteen thousand (14,000) shares have been designated Series A Preferred Stock and Stock, none of which are issued and outstanding and 4,861,111 shares of which are designated Series B A Preferred Stock and none of which are issued outstanding.

Preferred Stock. A total of 15,000,000 10,000,000 authorized shares of --------------- Preferred Stock, Stock ($0.001 .001 par value), 5,645,830 2,000,000 of which are will be designated Series A Preferred Stock and none of which are will be issued and outstanding and 4,861,111 of which are designated Series B Preferred Stock and none of which are issued outstanding.

Preferred Stock. A There are a total of 15,000,000 1,000,000 authorized shares of the Company's Preferred Stock, $0.001 .01 par valuevalue (the "Preferred Stock"), 5,645,830 of which are 5,000 shares have been designated as Series A Preferred Stock. There are no shares of Preferred Stock and none of which are issued and outstanding and 4,861,111 prior to the consummation of which are designated Series B Preferred Stock and none of which are issued outstandingthe transactions contemplated hereby.

Preferred Stock. A total of 15,000,000 20,000,000 authorized shares of preferred stock, $0.0025 par value per share (the “Preferred Stock”), $0.001 par value, 5,645,830 consisting of which are shares designated as “Series A Preferred Stock and Stock”, none of which are will be issued and outstanding outstanding, and 4,861,111 of which are shares designated as “Series B Preferred Stock and Stock”, none of which are will be issued and outstanding.

Preferred Stock. A total of 15,000,000 625,000 authorized shares of --------------- Preferred Stock ($0.01 par value), of which 225,000 are designated as Series A Convertible Preferred Stock ("Series A Preferred Stock"), all of which are be outstanding, and 400,000 are designated as Series B Convertible Preferred Stock, $0.001 par value, 5,645,830 of which are designated Series A Preferred Stock and none of which are issued and outstanding and 4,861,111 of which are designated Series B Preferred Stock and none of which are issued or outstanding.

Preferred Stock. A total of 15,000,000 5,204,255 authorized shares of Preferred Stockpreferred stock, $0.001 0.01 par valuevalue per share, 5,645,830 consisting of which are 2,500,000 shares designated as “Series A Preferred Stock and none Stock,” of which are 825,075 shares will be issued and outstanding and 4,861,111 of which are 2,704,255 shares designated as “Series B Preferred Stock and none Stock,” of which are 2,704,254 will be issued and outstanding.

Preferred Stock. A total of 15,000,000 5,000,000 authorized shares of Preferred Stock, $0.001 .0001 par valuevalue per share, 5,645,830 28,037 of which are will be designated Series A Preferred Stock Stock, 21,217 of which will be designated Series B Preferred Stock, and none of which are will be issued and outstanding and 4,861,111 outstanding. The Company has reserved 21,217 shares out of which are designated the total of 28,037 shares of authorized Series A Preferred Stock ("Additional Series A Shares") for possible issuance upon the conversion of the shares of Series B Preferred Stock and none of which are to be issued outstandinghereunder.

Preferred Stock. A total of 15,000,000 722,000 authorized shares of --------------- Preferred Stock, $0.001 0.01 par valuevalue ("Preferred Stock"), 5,645,830 of which 225,000 shares are designated as Series A Convertible Preferred Stock ("Series A Preferred"), all of which are be outstanding, 400,000 shares are designated as Series A B Convertible Preferred Stock ("Series B Preferred), 347,299 shares of which are issued or outstanding, and 96,656 shares are designated as Series B-1 Preferred, none of which are issued and outstanding and 4,861,111 of which are designated Series B Preferred Stock and none of which are issued outstanding.

Preferred Stock. A total of 15,000,000 20,000,000 authorized shares of --------------- Preferred Stock, $0.001 .01 par value, 5,645,830 of which are designated Series A Preferred Stock and none of which are issued and outstanding and 4,861,111 of which are designated Series B Preferred Stock and none of which are issued outstanding.

Preferred Stock. A total of 15,000,000 20,000,000 authorized shares of preferred stock, $0.0025 par value per share (the “Preferred Stock”), $0.001 par value, 5,645,830 consisting of which are shares designated as “Series A Preferred Stock and Stock,” none of which are will be issued and outstanding outstanding, and 4,861,111 of which are shares designated as “Series B Preferred Stock and Stock,” none of which are will be issued and outstanding.

Preferred Stock. A total of 15,000,000 10,000,000 authorized shares of Preferred Stock (“Preferred Stock”), (i) of which 5,500,000 shares are designated as Series A Preferred Stock, par value $0.001 par valueper share, 5,645,830 2,461,018 of which are designated Series A Preferred Stock and none of which are issued and outstanding and 4,861,111 (ii) of which are 2,000,000 shares will be designated as Series B Preferred Stock and none Stock, of which are 1,479,213 shares (including 2009 Make Good Escrow Shares and Listing Shares) will be issued and outstanding, immediately following the consummation of the transactions contemplated hereby.