Common use of Company Series B Preferred Stock Clause in Contracts

Company Series B Preferred Stock. Each share of Series B Preferred Stock, par value $0.0001 per share, of the Company (the “Series B Stock”) issued and outstanding immediately prior to the Effective Time, other than any Dissenting Shares and any Cancelled Shares, shall be cancelled and extinguished and shall be converted into the right to receive a payment in cash, without interest, as set forth on Schedule 2.1 attached hereto, payable in accordance with the Allocation, to the extent applicable, after surrender of instruments representing such Series B Stock in the manner provided in Sections 2.7 and 2.10

Company Series B Preferred Stock. Each outstanding share of Company Series B Preferred Stock, par value $0.0001 per share, of the Company (the “Series B Stock”) Stock issued and outstanding immediately prior to the Effective Time, Time (other than any Dissenting Shares and any Cancelled Shares, shall ) will be cancelled and extinguished and shall will be converted automatically into the right to receive a payment in cashreceive, without interest, as set forth on Schedule 2.1 attached hereto, payable in accordance with the Allocation, to the extent applicable, after upon surrender of instruments the certificate representing such shares of Company Series B Preferred Stock in the manner provided in Sections 2.7 and 2.10Section 1.8 hereof:

Company Series B Preferred Stock. Each share of Company Series B Preferred Stock, par value $0.0001 per share, of the Company (the “Series B Stock”) Stock issued and outstanding immediately prior to the Effective Time, Time (other than any Dissenting Shares and any Cancelled Shares, shall ) will be cancelled and extinguished and shall will be converted automatically into the right to receive a payment in cashreceive, without interestupon surrender of the certificate representing such shares of Company Series B Preferred Stock, as set forth on Schedule 2.1 attached hereto, payable in accordance with the Allocation, an amount of cash equal to the extent applicable, after surrender of instruments representing such Series B Stock in the manner provided in Sections 2.7 and 2.10Per Share Residual Amount.

Company Series B Preferred Stock. Each share of Company Series B Preferred Stock, par value $0.0001 per share, of the Company (the “Series B Stock”) Stock issued and outstanding immediately prior to the Effective Time, other than shares of Company Series B Preferred Stock to be cancelled pursuant to Section 2.2(b) and any Dissenting Shares and any Cancelled Shares, shall will be cancelled and extinguished and shall be automatically converted into the right to receive a payment receive, in cash, without interest, cash as set forth on Schedule 2.1 attached heretoherein, payable in accordance with the Allocation, an amount equal to the extent applicable, after surrender of instruments representing such Per Share Series B Stock in the manner provided in Sections 2.7 and 2.10Merger Consideration.