Common use of Number of Underlying Shares Issuable Upon Conversion Clause in Contracts

Number of Underlying Shares Issuable Upon Conversion. (i) The number of shares of Common Stock issuable upon a conversion hereunder shall be determined by adding the sum of (i) the quotient obtained by dividing (x) the principal amount of this Debenture to be converted and (y) the Conversion Price (as defined herein), and (ii) the amount equal to (I) the product of (x) the principal amount of this Debenture to be converted and (y) the product of (1) .000139 and (2) the number of days for which such principal amount was outstanding, divided by (II) the Conversion Price on the Conversion Date, provided, that (1) if the Company shall have paid the interest at issue in cash, subsection (ii) shall not be used in the calculation of the number of shares of Common Stock issuable upon such conversion, and (2) only such portion of the accrued and outstanding amount of interest owing on the principal amount being converted shall be calculated in subsection (ii), giving credit for previously paid interest on such principal amount.

Number of Underlying Shares Issuable Upon Conversion. (iA) The number of shares of Common Stock issuable upon a conversion hereunder shall be determined by adding the sum of of: (i) the quotient obtained by dividing (x) the outstanding principal amount of this Debenture to be converted and (y) the Conversion Price (as defined herein)Price, and (ii) the amount equal to (I) the product of (x) the outstanding principal amount of this Debenture to be converted and (y) the product of (1) .000139 the quotient obtained by dividing .10 by 360 and (2) the number of days for which such principal amount was outstanding, divided by (II) the Conversion Price on the Conversion Date, providedPROVIDED, that (1) if the Company shall have paid elected to pay the interest at issue due on a Conversion Date in cashcash pursuant to the terms hereof, subsection (ii) shall not be used in the calculation of the number of shares of Common Stock issuable upon such conversion, and (2) only such portion of the accrued and outstanding amount of interest owing on the principal amount being converted shall be calculated in subsection (ii), giving credit for previously paid interest on such principal amounta conversion hereunder.

Number of Underlying Shares Issuable Upon Conversion. (i) The number of shares of Common Stock issuable upon a conversion hereunder shall be determined by adding the sum of (i) the quotient obtained by dividing (x) the outstanding principal amount of this Debenture to be converted and by (y) the Conversion Price (as defined herein), and (ii) the amount equal to (I) the product of (x) the outstanding principal amount of this Debenture to be converted and (y) the product of (1) .000139 the quotient obtained by dividing .06 by 360 and (2) the number of days for which such principal amount was outstanding, divided by (II) the Conversion Price on the Conversion Date, provided, that (1) if the Company shall have paid elected to deliver the interest at issue due on an Interest Payment Date in cashcash pursuant to the terms hereof, subsection (ii) shall not be used in the calculation of the number of shares of Common Stock issuable upon such conversion, and (2) only such portion of the accrued and outstanding amount of interest owing on the principal amount being converted shall be calculated in subsection (ii), giving credit for previously paid interest on such principal amounta conversion hereunder.

Number of Underlying Shares Issuable Upon Conversion. (i) The number of shares of Common Stock issuable upon a conversion hereunder shall be determined by adding the sum of (i) the quotient obtained by dividing (x) the outstanding principal amount of this Debenture to be converted and (y) the Conversion Price (as defined herein), and (ii) the amount equal to (I) the product of (x) the outstanding principal amount of this Debenture to be converted and (y) the product of (1) .000139 the quotient obtained by dividing .06 by 360 and (2) the number of days for which such principal amount was outstanding, divided by (II) the Conversion Price on the Conversion DatePrice, providedPROVIDED, that (1) if the Company shall have paid elected to pay the interest at issue due on a Conversion Date in cashcash pursuant to the terms hereof, subsection (ii) shall not be used in the calculation of the number of shares of Common Stock issuable upon such conversion, and (2) only such portion of the accrued and outstanding amount of interest owing on the principal amount being converted shall be calculated in subsection (ii), giving credit for previously paid interest on such principal amounta conversion hereunder.

Number of Underlying Shares Issuable Upon Conversion. (iA) The number of shares of Common Stock issuable upon a conversion hereunder shall be determined by adding the sum of (i) the quotient obtained by dividing (x) the principal amount of this Debenture to be converted and (y) the Conversion Price (as defined herein), and (ii) the amount equal to (I) the product of (x) the principal amount of this Debenture to be converted and (y) the product of (1) .000139 the quotient obtained by dividing .0675 by 360 and (2) the number of days for which such principal amount was outstanding, divided by (II) the Conversion Price on the Conversion Date, provided, that (1) if the Company shall have paid timely elected to pay the interest at issue in cash, subsection (ii) shall not be used in the calculation of the number of shares of Common Stock issuable upon such conversion, and (2) only such portion of the accrued and outstanding amount of interest owing on the principal amount being converted shall be calculated in subsection (ii), giving credit for previously paid interest on such principal amount.

Number of Underlying Shares Issuable Upon Conversion. (iA) The number of shares of Common Stock issuable upon a conversion hereunder shall be determined by adding the sum of (i) the quotient obtained by dividing (x) the outstanding principal amount of this Debenture to be converted and (y) the Conversion Price (as defined herein), and (ii) the amount equal to (I) the product of (x) the outstanding principal amount of this Debenture to be converted and (y) the product of (1) .000139 the quotient obtained by dividing .06 by 360 and (2) the number of days for which such principal amount was outstanding, divided by (II) the Conversion Price on the Conversion Date, providedPROVIDED, that (1) if the Company shall have paid elected to pay the interest at issue due on a Conversion Date in cashcash pursuant to the terms hereof, subsection (ii) shall not be used in the calculation of the number of shares of Common Stock issuable upon such conversion, and (2) only such portion of the accrued and outstanding amount of interest owing on the principal amount being converted shall be calculated in subsection (ii), giving credit for previously paid interest on such principal amounta conversion hereunder.

Number of Underlying Shares Issuable Upon Conversion. (iA) The number of shares of Common Stock issuable upon a conversion hereunder shall be determined by adding the sum of (i) the quotient obtained by dividing (x) product of the outstanding principal amount of this Debenture Note to be converted and (y) divided by the Conversion Price (as defined herein)Price, and (ii) the amount equal to (I) the product of (x) the outstanding principal amount of this Debenture Note to be converted and (y) the product of (1) .000139 the quotient obtained by dividing .08 by 365 and (2) the number of days for which such principal amount was outstanding, divided by (II) the Conversion Price on the Conversion DatePrice, provided, that (1) if the Company shall have paid timely elected to pay the interest at issue due on a Conversion Date in cashcash pursuant to the terms hereof, subsection (ii) shall not be used in the calculation of the number of shares of Common Stock issuable upon such conversion, and (2) only such portion of the accrued and outstanding amount of interest owing on the principal amount being converted shall be calculated in subsection (ii), giving credit for previously paid interest on such principal amounta conversion hereunder.

Number of Underlying Shares Issuable Upon Conversion. (i) The number of shares of Common Stock issuable upon a conversion hereunder shall be determined by adding the sum of (i) the quotient obtained by dividing (x) the outstanding principal amount of this Debenture to be converted and (y) the Conversion Price (as defined herein), and (ii) the amount equal to (I) the product of (x) the outstanding principal amount of this Debenture to be converted and (y) the product of (1) .000139 the quotient obtained by dividing .06 by 360 and (2) the number of days for which such principal amount was outstanding, divided by (II) the Conversion Price on the Conversion Date, provided, that (1) if the Company shall have paid elected and is permitted hereunder to pay the interest at issue due on a Conversion Date in cashcash pursuant to the terms hereof, subsection (ii) shall not be used in the calculation of the number of shares of Common Stock issuable upon such conversion, and (2) only such portion of the accrued and outstanding amount of interest owing on the principal amount being converted shall be calculated in subsection (ii), giving credit for previously paid interest on such principal amounta conversion hereunder.

Number of Underlying Shares Issuable Upon Conversion. (iA) The number of shares of Common Stock issuable upon a conversion hereunder shall be determined by adding the sum of (i) the quotient obtained by dividing (x) the outstanding principal amount of this Debenture to be converted and by (y) the Conversion Price (as defined herein)Price, and (ii) the amount equal to (I) the product of (x) the outstanding principal amount of this Debenture to be converted and (y) the product of (1) .000139 the quotient obtained by dividing .07 by 365 and (2) the number of days for which such principal amount was outstanding, divided by (II) the Conversion Price on the Conversion DatePrice, providedPROVIDED, that (1) if such interest has been paid prior to such Conversion Date or if the Company shall have paid timely elected to pay the interest at issue due on a Conversion Date in cashcash pursuant to the terms hereof, subsection (ii) shall not be used in the calculation of the number of shares of Common Stock issuable upon such conversion, and (2) only such portion of the accrued and outstanding amount of interest owing on the principal amount being converted shall be calculated in subsection (ii), giving credit for previously paid interest on such principal amounta conversion hereunder.

Number of Underlying Shares Issuable Upon Conversion. (iA) The number of shares of Common Stock issuable upon a conversion hereunder shall be determined by adding the sum of of: (i) the quotient obtained by dividing (x) the outstanding principal amount of this Debenture to be converted and (y) the Conversion Price (as defined herein)Price, and (ii) the amount equal to (I) the product -6- of (x) the outstanding principal amount of this Debenture to be converted and (y) the product of (1) .000139 the quotient obtained by dividing .10 by 360 and (2) the number of days for which such principal amount was outstanding, divided by (II) the Conversion Price on the Conversion Date, providedPROVIDED, that (1) if the Company shall have paid elected to pay the interest at issue due on a Conversion Date in cashcash pursuant to the terms hereof, subsection (ii) shall not be used in the calculation of the number of shares of Common Stock issuable upon such conversion, and (2) only such portion of the accrued and outstanding amount of interest owing on the principal amount being converted shall be calculated in subsection (ii), giving credit for previously paid interest on such principal amounta conversion hereunder.