Common use of Conversion of Shares of Company Preferred Stock Clause in Contracts

Conversion of Shares of Company Preferred Stock. Each share of Company Preferred Stock issued and outstanding immediately prior to the Effective Time (other than any such shares of Company Preferred Stock cancelled pursuant to Section 3.1(a) and any Dissenting Shares) shall, in accordance with and subject to this Agreement, be converted into the right to receive the applicable Closing Per Share Merger Consideration.

Conversion of Shares of Company Preferred Stock. Each share of Company Preferred Stock issued and outstanding immediately prior to the Effective Time (other than any such shares of Company Preferred Stock cancelled pursuant to Section 3.1(a) and any Dissenting Shares) shall, in accordance with and subject to this Agreementthe Company Charter, be converted into the right to receive a number of Parent Common Shares equal to: (i) the applicable Closing Conversion Ratio multiplied by (ii) the number of shares of Company Common Stock issuable upon conversion of such share of Company Preferred Stock as of immediately prior to the Effective Time (the “Per Preferred Share Merger Consideration”).

Conversion of Shares of Company Preferred Stock. Each share of Company Preferred Stock issued and outstanding immediately prior to the Effective Time (other than any such shares of Company Preferred Stock cancelled pursuant to Section 3.1(a) and any Dissenting Shares) shall, in accordance with and subject to this Agreementthe Company Certificate of Incorporation, be converted into the right to receive receive: (i) a number of shares of Parent Common Stock equal to the applicable Closing Per Share Merger ConsiderationConversion Ratio plus (ii) a number of Earnout Shares in accordance with, and subject to the contingencies, set forth in Section 3.7.

Conversion of Shares of Company Preferred Stock. Each share of Company Preferred Stock issued and outstanding immediately prior to the First Effective Time (other than any such shares of Company Preferred Stock cancelled pursuant to Section 3.1(a2.01(d)(ii)(a) and any Dissenting Shares) shall, in accordance with and subject to this Agreementthe certificate of incorporation of the Company, be converted into the right to receive receive: (i) a number of New Plum Common Shares equal to the applicable Closing Per Share Merger ConsiderationExchange Ratio plus (ii) a number of New Plum Common Shares in accordance with, and subject to the contingencies, set forth in Section 2.03.