Common use of Authorization of Preferred Stock Clause in Contracts

Authorization of Preferred Stock. The Company has authorized the issuance and sale of up to 4,000,000 shares of its Series C Convertible Preferred Stock, $1.00 par value (the “Series C Preferred Stock”) to be issued under the Agreement. The rights, privileges, and preferences of the Series C Preferred Stock are as set forth in the Company’s Restated Articles of Organization, as amended, in the form attached to this Agreement as Exhibit A.

Authorization of Preferred Stock. The Company has authorized the issuance and sale of up to 4,000,000 652,174 shares of its Series C F Convertible Preferred Stock, $1.00 par value (the “Series C F Preferred Stock”) ), to be issued under the Agreement. The rights, privileges, and preferences of the Series C F Preferred Stock are as set forth in the Company’s Restated Articles of Organization, as amended, in the form attached to this Agreement as Exhibit A.

Authorization of Preferred Stock. The Company has authorized the -------------------------------- sale and issuance and sale to the Purchasers of up to 4,000,000 (a) 10,707,561 shares of its Series C Convertible D Preferred Stock, $1.00 par value $0.001 per share (the “"Series C Preferred Stock”) to be issued under D Preferred" or the Agreement. The "Shares"), having the rights, privilegespreferences, privileges and preferences of the Series C Preferred Stock are restrictions as set forth in the Company’s Amended and Restated Articles Certificate of Organization, as amended, Incorporation in substantially the form attached to this Agreement hereto as Exhibit A.B (the "Certificate"). ---------

Authorization of Preferred Stock. The Company has authorized the issuance issue and sale of up to 4,000,000 2,450,000 shares of its Series C Convertible A Preferred Stock, $1.00 par value (the “Series C Class A Preferred Stock”) to be issued under the Agreement. The rights, privileges, and preferences of the Series C Class A Preferred Stock are as set forth in the Company’s Restated Articles of Organization, as amended, in the form attached to this Agreement as Exhibit A.

Authorization of Preferred Stock. The Company has authorized the issuance issue and sale of up to 4,000,000 290,323 shares of its Series C Convertible A Preferred Stock, $1.00 0.0001 par value (the “Series C "Preferred Stock”) "), to be issued under the this Agreement. The rights, privileges, and preferences of the Series C A Preferred Stock are as set forth in the Company’s Restated Articles Certificate of Organization, as amended, Incorporation (the "Certificate") in the form attached to this Agreement as Exhibit A.B. ---------

Authorization of Preferred Stock. The Company has authorized the issuance issue and sale of up to 4,000,000 4,063,694 shares of its Series C B Convertible Preferred Stock, $1.00 par value (the “Series C Class B Preferred Stock”) to be issued under the Agreement. The rights, privileges, and preferences of the Series C Class B Preferred Stock are as set forth in the in.the Company’s Restated Articles of Organizationorganization, as amended, in the form attached to this Agreement as Exhibit A.

Authorization of Preferred Stock. The Company has authorized the issuance and sale of up to 4,000,000 1,000,000 shares of its Series C E Convertible Preferred Stock, $1.00 par value (the “Series C E Preferred Stock”) ), to be issued under the Agreement. The rights, privileges, and preferences of the Series C E Preferred Stock are as set forth in the Company’s Restated Articles of Organization, as amended, in the form attached to this Agreement as Exhibit A.