Conversion Date. The "Conversion Date" is a Switch or frame conversion planned day of cut-over to the replacement frame(s) or Switch. The actual conversion time typically is set for midnight of the Conversion Date. This may cause the actual Conversion Date to migrate into the early hours of the day after the planned Conversion Date.
Conversion Date. The Conversion Date shall not have occurred.
Conversion Date. Amount to be converted: $------------------ Conversion Price: $------------------ Shares of Common Stock Issuable: ------------------- Amount of Debenture unconverted: $------------------ Amount of Interest Converted: $------------------ Conversion Price of Interest: $------------------ Shares of Common Stock Issuable: ------------------- Amount of Liquidated Damages: $------------------ Conversion Price of Liquidated Damages: $------------------ Shares of Common Stock Issuable: ------------------- Total Number of shares of Common Stock to be issued: ------------------- EXHIBIT I-1 Please issue the shares of Common Stock in the following name and to the following address: Issue to: --------------------------------- Authorized Signature: --------------------------------- Name: --------------------------------- Title: --------------------------------- Phone #: --------------------------------- Broker DTC Participant Code: --------------------------------- Account Number*: --------------------------------- * Note that receiving broker must initiate transaction on DWAC System. EXHIBIT II TO IRREVOCABLE TRANSFER AGENT INSTRUCTIONS FORM OF NOTICE OF EFFECTIVENESS OF REGISTRATION STATEMENT _________, 2004 --------------- ------------------------------ --------------- Attention: RE: SOLUTION TECHNOLOGY INTERNATIONAL, INC. Ladies and Gentlemen: We are counsel to Solution Technology International, Inc., a Delaware corporation (the "Company"), and have represented the Company in connection with that certain Securities Purchase Agreement, dated as of June __, 2004 (the "Securities Purchase Agreement"), entered into by and among the Company and the Buyers set forth on Schedule I attached thereto (collectively the "Buyer") pursuant to which the Company has agreed to sell to the Buyer a minimum of Six Hundred Thousand Dollars ($600,000) of secured convertible debentures, which shall be convertible into shares (the "Conversion Shares") of the Company's common stock, par value $.001 per share (the "Common Stock"), in accordance with the terms of the Securities Purchase Agreement. Pursuant to the Securities Purchase Agreement, the Company also has entered into a Registration Rights Agreement, dated as of June __, 2004, with the Buyer (the "Investor Registration Rights Agreement") pursuant to which the Company agreed, among other things, to register the Conversion Shares under the Securities Act of 1933, as amended (the "1933 Act"). In connection with the Company's obligatio...
Conversion Date. Unless otherwise determined by the Board, a Participant shall be entitled to delivery of shares of Stock that underlie the RSUs then outstanding on the day following the date the restrictions lapse with respect to such RSU.
Conversion Date. Applicable Conversion Price: -------------------------------------- Signature: -------------------------------------- Name: -------------------------------------- Address: -------------------------------------- Amount to be converted: $ -------------------------------------- Amount of Debenture unconverted: $ -------------------------------------- Conversion Price per share: $ -------------------------------------- Number of shares of Common Stock to be issued: -------------------------------------- Please issue the shares of Common Stock in the following name and to the following address: -------------------------------------- Issue to: -------------------------------------- Authorized Signature: -------------------------------------- Name: -------------------------------------- Title: -------------------------------------- Phone Number: -------------------------------------- Broker DTC Participant Code: -------------------------------------- Account Number: --------------------------------------
Conversion Date. Conversion hereunder shall be deemed to have been made as of the date of surrender of the Shares to be converted, and the person or persons entitled to receive the Common Shares issuable upon conversion shall be treated for al purposes as the record holder or holders of such Common Shares on that date.
Conversion Date. Effective immediately prior to the close of business on any applicable Conversion Date, dividends shall no longer be declared on any such converted shares of Series B Preferred Stock, and such shares of Series B Preferred Stock shall represent only the right to receive shares of Common Stock issuable upon conversion of such shares; provided that Holders shall have the right to receive any declared and unpaid dividends as of the Conversion Date on such shares and any other payments to which they are otherwise entitled pursuant to the terms hereof.
Conversion Date. The term “
Conversion Date. The conversion of this Convertible Debenture is deemed to occur (a) in the case of a conversion pursuant to Section 2.1, upon receipt by the Corporation of the Conversion Notice delivered or such later time as specified in such notice of conversion; or (b) in the case of a conversion pursuant to Section 2.2, immediately upon the Maturity Date. The rights of the Holder terminate at such time and the Holder with respect to this Convertible Debenture will be treated as having become the Holder of record of Common Shares at that time.
Conversion Date. APPLICABLE CONVERSION PRICE: --------------------------------------------------- SIGNATURE: --------------------------------------------------- NAME: ---------------------------------------------------
