COD Amendment; Automatic Conversion Sample Clauses

COD Amendment; Automatic Conversion. Immediately after the execution of this Agreement, the Company shall file the Amended and Restated COD with the Secretary of State for the State of Nevada. At the Conversion Time, the Conversion shall automatically take effect without any action on the part of the Holder such that the Holder shall receive that number of shares of Common Stock (the “Conversion Shares”) as stipulated therein and as stated on Schedule A attached hereto and the Holder acknowledges, accepts and authorizes the foregoing Conversion.