Authorization; Amended and Restated Articles of Incorporation. The Company has authorized the issuance and sale pursuant to the terms and conditions hereof of up to Ten Million One Hundred Fifty Thousand Four Hundred Ninety (10,150,490) shares of its Series B Preferred Stock (the "Series B Preferred Shares"), having the rights, preferences, privileges and restrictions as set forth in the form of Amended and Restated Articles of Incorporation of the Company (the "Restated Articles") attached hereto as Exhibit B.
Authorization; Amended and Restated Articles of Incorporation. ...1 1.2 Sale and Issuance of the Preferred Shares...........................1
Authorization; Amended and Restated Articles of Incorporation. The Company has authorized the issuance and sale to the Purchasers, pursuant to the terms and conditions hereof, of up to 4,000,000 shares of its Series F-1 Preferred Stock (the "Preferred Shares") at a purchase price of $7.50 per share. The Preferred Shares have the rights, preferences and provisions as set forth in the Company's Amended and Restated Articles of Incorporation (the "Articles") attached hereto as EXHIBIT A.
Authorization; Amended and Restated Articles of Incorporation. The Company has adopted and filed with the Secretary of State of California Amended and Restated Articles of Incorporation in the form attached hereto as Exhibit B (the "Articles") to create and authorize 1,000,000 shares of Series A Preferred Stock (the "Series A Preferred" or the "Shares") having the rights, restrictions, privileges and preferences set forth in the Articles and, on or before the Closing Date (as hereinafter defined), shall take all necessary corporate action for the purpose of authorizing the sale and issuance of the Shares pursuant hereto.
