Common use of Notice and Opportunity to Exercise Conversion Rights Clause in Contracts

Notice and Opportunity to Exercise Conversion Rights. Notwithstanding anything to the contrary that may be inferred from the provisions of this Section 2, each holder of shares of Preferred Stock shall be entitled to receive notice from the Corporation pursuant to Section 6(b) hereof of any proposed liquidation, dissolution or winding up of the Corporation at least 20 days prior to date on which any such liquidation, dissolution or winding up of the Corporation is scheduled to occur and, at any time prior to any such liquidation, dissolution or winding up of the Corporation, to convert any or all of such holder’s shares of Preferred Stock into shares of Common Stock pursuant to Section 3 hereof.

Notice and Opportunity to Exercise Conversion Rights. Notwithstanding anything to the contrary that may be inferred from the provisions of this Section 2, each holder of shares of Junior Preferred Stock shall be entitled to receive notice from the Corporation pursuant to Section 6(b) hereof of any proposed liquidation, dissolution or winding up of the Corporation at least 20 days prior to date on which any such liquidation, dissolution or winding up of the Corporation is scheduled to occur and, at any time prior to any such liquidation, dissolution or winding up of the Corporation, to convert any or all of such holder’s shares of Junior Preferred Stock into shares of Common Stock pursuant to Section 3 hereof.

Notice and Opportunity to Exercise Conversion Rights. Notwithstanding anything to the contrary that may be inferred from the provisions of this Section 2, each holder of shares of Preferred Stock shall be entitled to receive notice from the Corporation pursuant to Section 6(b4(j) hereof of any proposed liquidation, dissolution Liquidation or winding up of the Corporation Event at least 20 ten (10) days prior to the date on which any such liquidation, dissolution Liquidation or winding up of the Corporation Event is scheduled to occur and, at any time prior to any such liquidation, dissolution Liquidation or winding up of the CorporationEvent, to convert any or all of such holder’s shares of Preferred Stock into shares of Common Stock pursuant to Section 3 4 hereof.

Notice and Opportunity to Exercise Conversion Rights. Notwithstanding anything to the contrary that may be inferred from the provisions of this Section 23, each holder of shares of Preferred Stock shall be entitled to receive notice from the Corporation pursuant to Section 6(b5(k) hereof of any proposed Event, liquidation, dissolution or winding winding-up of the Corporation at least 20 ten (10) days prior to the date on which any such Event, liquidation, dissolution or winding winding-up of the Corporation is scheduled to occur and, at any time prior to any such Event, liquidation, dissolution or winding winding-up of the Corporation, to convert any or all of such holder’s shares of Preferred Stock into shares of Common Stock pursuant to Section 3 5 hereof.