Common use of Conversion of Stock Clause in Contracts

Conversion of Stock. In each case not otherwise covered in Section 4.3 above where (i) all the outstanding Conversion Stock is converted, pursuant to the terms of Borrower’s Certificate of Incorporation, into other securities or property, or (ii) the Conversion Stock otherwise ceases to exist or to be authorized under Borrower’s Certificate of Incorporation (each a “Stock Event”), then Lender, upon conversion of this Note at any time after such Stock Event, shall receive, in lieu of the number of shares of Conversion Stock that would have been issuable upon conversion of this Note immediately prior to such Stock Event, the stock and other securities and property that Lender would have been entitled to receive upon the Stock Event, if immediately prior to such Stock Event, Lender had converted the Actual Conversion Amount into Conversion Stock.

Conversion of Stock. In each case not otherwise covered in Section 4.3 above 8.3 where (ia) all the outstanding Conversion Stock is converted, pursuant to the terms of Borrowerthe Company’s Certificate of Incorporation, into Common Stock or other securities or property, or (iib) the Conversion Stock otherwise ceases to exist or to be authorized under Borrowerthe Company’s Certificate of Incorporation (each a “Stock Event”Event “), then LenderHolder, upon conversion of this Note at any time after such Stock Event, shall receive, in lieu of the number of shares of Conversion Stock that would have been issuable upon conversion of this Note immediately prior to such Stock Event, the stock and other securities and property that Lender Holder would have been entitled to receive upon the Stock Event, if immediately prior to such Stock Event, Lender Holder had converted the Actual Conversion Amount into Conversion Stock.

Conversion of Stock. In each case not otherwise covered in Section 4.3 above 8.3 where (ia) all the outstanding Conversion Stock is converted, pursuant to the terms of Borrowerthe Company’s Certificate of Incorporation, into Common Stock or other securities or property, or (iib) the Conversion Stock otherwise ceases to exist or to be authorized under Borrowerthe Company’s Certificate of Incorporation (each a “Stock Event”), then LenderHolder, upon conversion of this Note at any time after such Stock Event, shall receive, in lieu of the number of shares of Conversion Stock that would have been issuable upon conversion of this Note immediately prior to such Stock Event, the stock and other securities and property that Lender Holder would have been entitled to receive upon the Stock Event, if immediately prior to such Stock Event, Lender Holder had converted the Actual Conversion Amount into Conversion Stock.

Conversion of Stock. In each case not otherwise covered in Section 4.3 above 8.3 where prior to the repayment or conversion of the entire Balance of this Note (ia) all the outstanding Conversion Stock is converted, pursuant to the terms of Borrower’s Certificate of Incorporationthe Restated Certificate, into Common Stock or other securities or property, or (iib) the Conversion Stock otherwise ceases to exist or to be authorized under Borrower’s the Restated Certificate of Incorporation (each a “Stock Event”), then LenderHolder, upon conversion of this Note an Actual Conversion Amount at any time after such Stock Event, shall receive, in lieu of the number of shares of Conversion Stock that would have been issuable upon conversion of this Note immediately prior to such Stock Event, the stock and other securities and property that Lender Holder would have been entitled to receive upon the Stock Event, if immediately prior to such Stock Event, Lender Holder had converted been the Actual record holder of the Conversion Amount into Conversion StockStock received upon conversion of this Note before giving effect to such Stock Event.

Conversion of Stock. In each case not otherwise covered in Section 4.3 above 8.3 where (ia) all the outstanding Conversion Stock is converted, pursuant to the terms of Borrowerthe Company’s Certificate of Incorporation, into Common Stock or other securities or property, or (iib) the Conversion Stock otherwise ceases to exist or to be authorized under Borrowerthe Company’s Certificate of Incorporation (each a “Stock Event”), then LenderHolder, upon conversion of this Note at any time after such Stock Event, shall receive, in lieu of the number of shares of Conversion Stock that would have been issuable upon conversion of this Note immediately prior to such Stock Event, the stock and or other securities and property that Lender Holder would have been entitled to receive upon the Stock Event, if immediately prior to such Stock Event, Lender Holder had converted the Actual Conversion Amount into Conversion Stock.

Conversion of Stock. In each case not otherwise covered in Section 4.3 above 8.3 where prior to the repayment or conversion of the entire Balance of this Note (ia) all the outstanding Conversion Stock is converted, pursuant to the terms of Borrowerthe Parent’s Certificate certificate of Incorporationincorporation, into Common Stock or other securities or property, or (iib) the Conversion Stock otherwise ceases to exist or to be authorized under Borrowerthe Parent’s Certificate certificate of Incorporation incorporation (each a “Stock Event”), then LenderHolder, upon conversion of this Note an Actual Conversion Amount at any time after such Stock Event, shall receive, in lieu of the number of shares of Conversion Stock that would have been issuable upon conversion of this Note immediately prior to such Stock Event, the stock and other securities and property that Lender Holder would have been entitled to receive upon the Stock Event, if immediately prior to such Stock Event, Lender Xxxxxx had converted been the Actual record holder of the Conversion Amount into Conversion StockStock received upon conversion of this Note before giving effect to such Stock Event.

Conversion of Stock. In each case not otherwise covered in Section 4.3 above where 7.3 where (ia) all the outstanding Conversion Stock is converted, pursuant to the terms of Borrowerthe Company’s Certificate of Incorporation, into Common Stock or other securities or property, or (iib) the Conversion Stock otherwise ceases to exist or to be authorized under Borrowerthe Company’s Certificate of Incorporation (each a “Stock Event”), then LenderHolder, upon conversion of this Note at any time after such Stock Event, shall receive, in lieu of the number of shares of Conversion Stock that would have been issuable upon conversion of this Note immediately prior to such Stock Event, the stock and other securities and property that Lender Holder would have been entitled to receive upon the Stock Event, if immediately prior to such Stock Event, Lender Holder had converted the Actual Conversion Amount into Conversion Stock.