Common use of Exchange of Securities Clause in Contracts

Exchange of Securities. On the terms and subject to the conditions set forth herein, the Exchanging Holder shall sell, assign, deliver and transfer to the Company all of its right, title and interest in and to the $14,870,000 of Convertible Securities in exchange for 713,760 shares of Common Stock and $5,316,917.20.

Exchange of Securities. On the terms and subject to the conditions set forth herein, the Exchanging Holder shall sell, assign, deliver and transfer to the Company all of its right, title and interest in and to the $14,870,000 3,300,000 of Convertible Securities in exchange for 713,760 158,400 shares of Common Stock and $5,316,917.201,179,948.00.

Exchange of Securities. On the terms and subject to the conditions set forth herein, the Exchanging Holder shall sell, assign, deliver and transfer to the Company all of its right, title and interest in and to the $14,870,000 7,321,000 of Convertible Securities in exchange for 713,760 351,408 shares of Common Stock and $5,316,917.202,559,055.55.

Exchange of Securities. On the terms and subject to the conditions set forth herein, the Exchanging Holder shall sell, assign, deliver and transfer to the Company all of its right, title and interest in and to the $14,870,000 2,000,000 of Convertible Securities in exchange for 713,760 96,000 shares of Common Stock and $5,316,917.20699,100.00.

Exchange of Securities. On the terms and subject to the conditions set forth herein, the Exchanging Holder shall sell, assign, deliver and transfer to the Company all of its right, title and interest in and to the $14,870,000 4,000,000 of Convertible Securities in exchange for 713,760 192,000 shares of Common Stock and $5,316,917.201,430,240.00.

Exchange of Securities. On the terms and subject to the conditions set forth herein, the Exchanging Holder shall sell, assign, deliver and transfer to the Company all of its right, title and interest in and to the $14,870,000 9,500,000 of Convertible Securities in exchange for 713,760 456,000 shares of Common Stock and $5,316,917.203,320,725.00.

Exchange of Securities. On the terms and subject to the conditions set forth herein, the Exchanging Holder shall sell, assign, deliver and transfer to the Company all of its right, title and interest in and to the $14,870,000 6,500,000 of Convertible Securities in exchange for 713,760 312,000 shares of Common Stock and $5,316,917.202,324,140.00.

Exchange of Securities. On the terms and subject to the conditions set forth herein, the Exchanging Holder shall sell, assign, deliver and transfer to the Company all of its right, title and interest in and to the $14,870,000 16,509,000 of Convertible Securities in exchange for 713,760 792,432 shares of Common Stock and $5,316,917.205,902,958.04.

Exchange of Securities. On the terms and subject to the conditions set forth herein, the Exchanging Holder shall sell, assign, deliver and transfer to the Company all of its right, title and interest in and to the $14,870,000 4,000,000 of Convertible Securities in exchange for 713,760 192,000 shares of Common Stock and $5,316,917.201,398,200.00.

Exchange of Securities. On the terms and subject to the conditions set forth herein, the Exchanging Holder shall sell, assign, deliver and transfer to the Company all of its right, title and interest in and to the $14,870,000 7,000,000 of Convertible Securities in exchange for 713,760 336,000 shares of Common Stock and $5,316,917.202,502,920.00.