Common use of Classification and Number of Shares Clause in Contracts

Classification and Number of Shares. The shares of such series of Preferred Stock shall be classified as “Series B-2 Convertible Preferred Stock” (the “Series B-2 Preferred Stock”). The number of authorized shares constituting the Series B-2 Preferred Stock shall be 35,000. That number from time to time may be increased or decreased (but not below the number of shares of Series B-2 Preferred Stock then outstanding) by (a) further resolution duly adopted by the Board and (b) the filing of a certificate of increase or decrease with the Secretary of State of the State of Delaware. The Company shall not have the authority to issue fractional shares of Series B-2 Preferred Stock.

Classification and Number of Shares. The shares of such series of Preferred Stock shall be classified as “Series B-2 A Convertible Preferred Stock” (the “Series B-2 A Preferred Stock”). The number of authorized shares constituting the Series B-2 A Preferred Stock shall be 35,000[●]. That number from time to time may be increased or decreased (but not below the number of shares of Series B-2 A Preferred Stock then outstanding) by (a) further resolution duly adopted by the Board and (b) the filing of a certificate of increase or decrease with the Secretary of State of the State of Delaware. The Company shall not have the authority to issue fractional shares of Series B-2 A Preferred Stock.

Classification and Number of Shares. The shares of such series of Preferred Stock shall be classified as “Series B-2 A Convertible Preferred Stock” (the “Series B-2 A Preferred Stock”). The number of authorized shares constituting the Series B-2 A Preferred Stock shall be 35,000250,000. That number from time to time may be increased or decreased (but not below the number of shares of Series B-2 A Preferred Stock then outstanding) by (a) further resolution duly adopted by the Board and (b) the filing of a certificate of increase or decrease with the Secretary of State of the State of Delaware. The Company shall not have the authority to issue fractional shares of Series B-2 A Preferred Stock.