Common use of Optional Redemption at Election of Company Clause in Contracts

Optional Redemption at Election of Company. Subject to the provisions of this Section 6(a), at any time after the Original Issue Date, the Company may deliver a notice to the Holder (an “Optional Redemption Notice” and the date such notice is deemed delivered hereunder, the “Optional Redemption Notice Date”) of its irrevocable election to redeem some or all of the then outstanding principal amount of this Note for cash for an amount equal to the Optional Redemption Amount on the tenth (10th) Trading Day following the Optional Redemption Notice Date (such date, the “Optional Redemption Date”, such ten (10)-Trading Day period, the “Optional Redemption Period” and such redemption, the “Optional Redemption”). The Optional Redemption Amount is payable in full on the Optional Redemption Date. The Company covenants and agrees that it will honor all Notices of Conversion tendered from the time of delivery of the Optional Redemption Notice through the date all amounts owing thereon are due and paid in full.

Optional Redemption at Election of Company. Subject to the provisions of this Section 6(a)6, at any time after the Original Issue Date, the Company may deliver a notice to the Holder (an “Optional Redemption Notice” and the date such notice is deemed delivered hereunder, the “Optional Redemption Notice Date”) of its irrevocable election to redeem some (but not less than $500,000 in the aggregate) or all of the then outstanding principal amount of this Note Debenture for cash for in an amount equal to the Optional Redemption Amount on the tenth (10th) 30th Trading Day following the Optional Redemption Notice Date (such date, the “Optional Redemption Date”, such ten (10)-Trading Day period, the “Optional Redemption Period” and such redemption, the “Optional Redemption”). The Optional Redemption Amount is payable in full on the Optional Redemption Date. The Company covenants and agrees that it will honor all Notices of Conversion tendered from the time of delivery of the Optional Redemption Notice through the date all amounts owing thereon are due and paid in full.

Optional Redemption at Election of Company. Subject to the provisions of this Section 6(a)6, at any time and from time to time after the Original Issue Datedate hereof, the Company may deliver a notice to the Holder (an “Optional Redemption Notice” and the date such notice is deemed delivered hereunder, the “Optional Redemption Notice Date”) of its irrevocable election to redeem some all or all part of the then outstanding principal amount of this Note for cash Debentures for an amount amount, in cash via wire transfer, equal to the Optional Redemption Amount on the tenth (10th) 20th Trading Day following the Optional Redemption Notice Date (such date, the “Optional Redemption Date”, such ten (10)-Trading Day period, the “Optional Redemption Period” and such redemption, the “Optional Redemption”). The Optional Redemption Amount is payable due in full on the Optional Redemption Date. The Company covenants and agrees that it will honor all Notices of Conversion tendered from the time of delivery of the Optional Redemption Notice through the date all amounts owing thereon are due and paid in full.

Optional Redemption at Election of Company. Subject to the provisions of this Section 6(a5(a), at any time after the Original Issue Date, the Company may may, deliver a written notice to the Holder (an “Optional Redemption Notice” and the date such notice is deemed delivered hereunder, the “Optional Redemption Notice Date”) of its irrevocable election to redeem some or all of the then outstanding principal amount of this Note for cash for in an amount equal to the Optional Redemption Amount on the tenth (10th) 5th Trading Day following the Optional Redemption Notice Date (such date, the “Optional Redemption Date”, such ten (10)-Trading 5 Trading Day period, the “Optional Redemption Period” and such redemption, the “Optional Redemption”). The Optional Redemption Amount is payable in full on the Optional Redemption Date. The Company covenants and agrees that it will honor Company’s determination to pay an Optional Redemption in cash shall be applied ratably to all Notices of Conversion tendered from the time of delivery of the Optional Redemption Notice through holders of the date all amounts owing thereon are due and paid in fullthen outstanding Notes based on their (or their predecessor’s) initial purchases of Notes pursuant to the Purchase Agreement.

Optional Redemption at Election of Company. Subject to the provisions of this Section 6(a)6, at any time after the Original Issue Datedate hereof, the Company may deliver a notice to the Holder (an “"Optional Redemption Notice” " and the date such notice is deemed delivered hereunder, the “"Optional Redemption Notice Date”") of its irrevocable election to redeem some or all of the then outstanding principal amount of this Note for cash Debentures, for an amount amount, in cash via wire transfer, equal to the Optional Redemption Amount on the tenth (10th) 20th Trading Day following the Optional Redemption Notice Date (such date, the “"Optional Redemption Date”, such ten (10)-Trading Day period, the “Optional Redemption Period” " and such redemption, the “"Optional Redemption”") (provided, however, the Company may pay up to 15% of the of the principal amount comprising a portion of the Option Redemption Amount in shares of Common Stock (at a price per share equal to 90% of the average of the 10 VWAPs immediately prior to the applicable Optional Redemption Date) if all of the Equity Conditions are satisfied as to such shares and the other conditions set forth herein are satisfied). The Optional Redemption Amount is payable due in full on the Optional Redemption Date. The Company covenants and agrees that it will honor all Notices of Conversion tendered from the time of delivery of the Optional Redemption Notice through the date all amounts owing thereon are due and paid in full.

Optional Redemption at Election of Company. Subject to the provisions of this Section 6(a), at any time after the Original Issue DateDate provided no Trigger Event has occurred, the Company may deliver a notice to the Holder (an “Optional Redemption Notice” and the date such notice is deemed delivered hereunder, the “Optional Redemption Notice Date”) of its irrevocable election to redeem some or all of the then outstanding principal amount of this Note Debenture for cash for in an amount equal to the Optional Redemption Amount on the tenth (10th) 20th Trading Day following the Optional Redemption Notice Date (such date, the “Optional Redemption Date”, such ten (10)-Trading 20 Trading Day period, the “Optional Redemption Period” and such redemption, the “Optional Redemption”). The Optional Redemption Amount is payable in full on the Optional Redemption Date. The Company covenants and agrees that it will honor all Notices of Conversion tendered from the time of delivery of the Optional Redemption Notice through the date all amounts owing thereon are due and paid in full. The Company’s determination to pay an Optional Redemption in cash shall be applied ratably to all of the holders of the then outstanding Debentures based on their (or their predecessor’s) initial purchases of Debentures pursuant to the Purchase Agreement.

Optional Redemption at Election of Company. Subject to the provisions of this Section 6(a), at any time after the Original Issue Datedate hereof, the Company may deliver a notice to the Holder (an “Optional Redemption Notice” and the date such notice is deemed delivered hereunder, the “Optional Redemption Notice Date”) of its irrevocable election to redeem some or all of the then outstanding principal amount of this Note Debenture for cash for in an amount equal to the Optional Redemption Amount on the tenth (10th) 20th Trading Day following the Optional Redemption Notice Date (such date, the “Optional Redemption Date”, such ten (10)-Trading 20 Trading Day period, the “Optional Redemption Period” and such redemption, the “Optional Redemption”). The Optional Redemption Amount is payable in full on the Optional Redemption Date. The Company covenants and agrees that it will honor all Notices of Conversion tendered from the time of delivery of the Optional Redemption Notice through the date all amounts owing thereon are due and paid in full. The Company’s determination to pay an Optional Redemption in cash shall be applied ratably to all of the holders of the then outstanding Debentures based on their (or their predecessor’s) initial purchases of Debentures pursuant to the Purchase Agreement.

Optional Redemption at Election of Company. Subject to the provisions of this Section 6(a), at any time after the Original Issue Date, the Company may deliver a notice to the Holder (an “Company Optional Redemption Notice” and the date such notice is deemed delivered hereunder, the “Company Optional Redemption Notice Date”) of its irrevocable election to redeem some or all of the then outstanding principal amount of this Note Debenture for cash for in an amount equal to the Company Optional Redemption Amount on the tenth (10th) 20th Trading Day following the Company Optional Redemption Notice Date (such date, the “Company Optional Redemption Date”, such ten (10)-Trading 20 Trading Day period, the “Company Optional Redemption Period” and such redemption, the “Company Optional Redemption”). The Company Optional Redemption Amount is payable in full on the Company Optional Redemption Date. The Company covenants and agrees that it will honor all Notices of Conversion tendered from the time of delivery of the Company Optional Redemption Notice through the date all amounts owing thereon are due and paid in full. The Company’s determination to pay a Company Optional Redemption in cash shall be applied ratably to all of the holders of the then outstanding Debentures based on their (or their predecessor’s) initial purchases of Debentures pursuant to the Purchase Agreement.

Optional Redemption at Election of Company. Subject to the provisions of this Section 6(a), at any time after the Original Issue DateDate and from time to time, the Company may deliver a notice to the Holder (an “Optional Redemption Notice” and the date such notice is deemed delivered hereunder, the “Optional Redemption Notice Date”) of its irrevocable election to redeem some or all of the then outstanding principal amount of this Note Debenture for cash for in an amount equal to the Optional Redemption Amount on the tenth (10th) 20th Trading Day following the Optional Redemption Notice Date (such date, the “Optional Redemption Date”, such ten (10)-Trading 20 Trading Day period, the “Optional Redemption Period” and such redemption, the “Optional Redemption”). The Optional Redemption Amount is payable in full on the Optional Redemption Date. The Company covenants and agrees that it will honor all Notices of Conversion tendered from the time of delivery of the Optional Redemption Notice through the date all amounts owing thereon are due and paid in full. The Company’s determination to pay an Optional Redemption in cash shall be applied ratably to all of the holders of the then outstanding Debentures based on their (or their predecessor’s) initial purchases of Debentures pursuant to the Purchase Agreement.

Optional Redemption at Election of Company. Subject to the provisions of this Section 6(a), at any time after the Original Issue Date6, the Company may deliver a notice to the Holder (an “Optional Redemption Notice” and the date such notice is deemed delivered hereunder, the “Optional Redemption Notice Date”) of its irrevocable election to redeem some or all of the then entire outstanding principal amount of this Note for cash for in an amount equal to the Optional Redemption Amount on the tenth (10th) 20th Trading Day following the Optional Redemption Notice Date (such date, the “Optional Redemption Date”, such ten (10)-Trading Day period, the “Optional Redemption Period” and such redemption, the “Optional Redemption”). The Optional Redemption Amount is payable in full on the Optional Redemption Date. The Company covenants and agrees that it will honor all Notices of Conversion tendered from the time of delivery of the Optional Redemption Notice Date through the date all amounts owing thereon on the Optional Redemption Date are due and paid in full. If the Company elects to redeem this Note it must elect to redeem all outstanding Notes.

Optional Redemption at Election of Company. Subject to the provisions of this Section 6(a), at any time after the Original Issue Date, the Company may deliver a notice to the Holder (an “Optional Redemption Notice” and the date such notice is deemed delivered hereunder, the “Optional Redemption Notice Date”) of its irrevocable election to redeem some or all of the then outstanding principal amount of this Note Debenture for cash for in an amount equal to the Optional Redemption Amount on the tenth (10th) Trading Day following the Optional Redemption Notice Date (such date, the “Optional Redemption Date”, such ten (10)-Trading 10) Trading Day period, the “Optional Redemption Period” and such redemption, the “Optional Redemption”). The Optional Redemption Amount is payable in full on the Optional Redemption Date. The Company covenants and agrees that it will honor all Notices of Conversion tendered from within five (5) Business Days of the time date of delivery of the Optional Redemption Notice through Notice. The Company’s determination to pay an Optional Redemption in cash shall be applied ratably to all of the date all amounts owing thereon are due and paid in fullholders of the then outstanding Debentures based on their (or their predecessor’s) initial purchases of Debentures pursuant to the Purchase Agreement.

Optional Redemption at Election of Company. Subject to the provisions of this Section 6(a)6, at any time on or after the Original Issue DateOctober ___, 2011, the Company may deliver a notice to the Holder (an ““ Optional Redemption NoticeNotice ” and the date such notice is deemed delivered hereunder, the ““ Optional Redemption Notice DateDate ”) of its irrevocable election to redeem some or all of the then outstanding principal amount of this Note Debenture for cash for in an amount equal to the Optional Redemption Amount on the tenth (10th) 30th Trading Day following the Optional Redemption Notice Date (such date, the ““ Optional Redemption DateDate ”, such ten (10)-Trading 30 Trading Day period, the ““ Optional Redemption PeriodPeriod ” and such redemption, the ““ Optional RedemptionRedemption ”). The Optional Redemption Amount is payable in full on the Optional Redemption Date. The Company covenants and agrees that it will honor all Notices of Conversion tendered from the time of delivery of the Optional Redemption Notice through the date all amounts owing thereon are due and paid in full. The Company’s determination to pay an Optional Redemption in cash shall be applied ratably to all of the holders of the then outstanding Debentures based on their (or their predecessor’s) initial purchases of Debentures pursuant to the Purchase Agreement.

Optional Redemption at Election of Company. Subject to the provisions of this Section 6(a8(a), at any time after the Original Issue Date, the Company may deliver a notice to the Holder (an “Optional Redemption Notice” and the date such notice is deemed delivered hereunder, the “Optional Redemption Notice Date”) of its irrevocable election to redeem some all or all a portion of the then outstanding principal amount Principal Amount of this Note Refinancing Debenture for cash for in an amount equal to the Optional Redemption Amount on the tenth (10th) Trading Day 30th calendar day following the Optional Redemption Notice Date (such date, the “Optional Redemption Date”, ,” such ten (10)-Trading Day 30 calendar day period, the “Optional Redemption Period” and such redemption, the “Optional Redemption”). The Optional Redemption Amount is payable in full on the Optional Redemption Date. The Company covenants and agrees that it will honor all Voluntary Conversion Notices of Conversion tendered from the time of delivery of the Optional Redemption Notice through the date all amounts owing thereon are due and paid in full.

Optional Redemption at Election of Company. Subject to the provisions of this Section 6(a7(a), at any time after the Original Issue earlier of (i) the closing of the Subsequent Public Offering or (ii) 9 months after the Plan Effective Date, the Company may deliver a notice to the Holder (an “Optional Redemption Notice” and the date such notice is deemed delivered hereunder, the “Optional Redemption Notice Date”) of its irrevocable election to redeem some all or all a portion of the then outstanding principal amount Principal Amount of this Note Debenture for cash for in an amount equal to the Optional Redemption Amount on the tenth (10th) Trading Day 30th calendar day following the Optional Redemption Notice Date (such date, the “Optional Redemption Date”, ,” such ten (10)-Trading Day 30 calendar day period, the “Optional Redemption Period” and such redemption, the “Optional Redemption”). The Optional Redemption Amount is payable in full on the Optional Redemption Date. The Company covenants and agrees that it will honor all Voluntary Conversion Notices of Conversion tendered from the time of delivery of the Optional Redemption Notice through the date all amounts owing thereon are due and paid in full.

Optional Redemption at Election of Company. Subject to the provisions of this Section 6(a), at any time after the Original Issue Date, the Company may deliver a notice to the Holder (an “Optional Redemption Notice” and the date such notice is deemed delivered hereunder, the “Optional Redemption Notice Date”) of its irrevocable election to redeem some or all of the then outstanding principal amount of this Note Debenture for cash for in an amount equal to the Optional Redemption Amount on the tenth (10th) Trading Day following the Optional Redemption Notice Date (such date, the “Optional Redemption Date”, such ten (10)-Trading 10) Trading Day period, the “Optional Redemption Period” and such redemption, the “Optional Redemption”). The If such Optional Redemption is consummated, the Optional Redemption Amount is shall be payable in full on the Optional Redemption Date. The Company covenants and agrees that it will honor all Notices of Conversion tendered from within five (5) Business Days of the time date of delivery of the Optional Redemption Notice through Notice. The Company’s determination to pay an Optional Redemption in cash shall be applied ratably to all of the date all amounts owing thereon are due and paid in fullholders of the then outstanding Debentures based on their (or their predecessor’s) initial purchases of Debentures pursuant to the Purchase Agreement.

Optional Redemption at Election of Company. Subject to the provisions of this Section 6(a), at any time after the Original Issue Date, the Company may deliver a notice to the Holder (an “Optional Redemption Notice” and the date such notice is deemed delivered hereunder, the “Optional Redemption Notice Date”) of its irrevocable election to redeem some or all of the then outstanding principal amount of this Note Debenture for cash for in an amount equal to the Optional Redemption Amount on the tenth (10th) 20th Trading Day following the Optional Redemption Notice Date (such date, the “Optional Redemption Date”, ,” such ten (10)-Trading 20 Trading Day period, the “Optional Redemption Period” and such redemption, the “Optional Redemption”). The Optional Redemption Amount is payable in full on the Optional Redemption Date. The Company covenants and agrees that it will honor Company’s determination to pay an Optional Redemption in cash shall be applied ratably to all Notices of Conversion tendered from the time of delivery of the Optional Redemption Notice through holders of the date all amounts owing thereon are due and paid in fullthen outstanding Debentures based on their (or their predecessor’s) initial purchases of Debentures pursuant to the Purchase Agreement.

Optional Redemption at Election of Company. Subject to the provisions of this Section 6(a)6, at any time after the Original Issue Effective Date, the Company may deliver a notice to the Holder (an “Optional Redemption Notice” and the date such notice is deemed delivered hereunder, the “Optional Redemption Notice Date”) of its irrevocable election to redeem some or all (but not less than all) of the then then-outstanding principal amount of this Note Debenture for cash for in an amount equal to the Optional Redemption Amount on the tenth (10th) 30th Trading Day following the Optional Redemption Notice Date (such date, the “Optional Redemption Date”, such ten (10)-Trading Day period, the “Optional Redemption Period” and such redemption, the “Optional Redemption”). The Optional Redemption Amount is payable in full on the Optional Redemption Date. The Company covenants and agrees that it will honor all Notices of Conversion tendered from the time of delivery of the Optional Redemption Notice through the date all amounts owing thereon are due and paid in full. The Company’s determination to effect an Optional Redemption shall be applied ratably to all of the holders of the then-outstanding Debentures based on their (or their predecessor’s) initial purchases of Debentures pursuant to the Purchase Agreement.

Optional Redemption at Election of Company. Subject to the provisions of this Section 6(a4(a), at any time after the Original Issue Date, the Company may deliver a notice to the Holder (an “Optional Redemption Notice” and the date such notice is deemed delivered hereunder, the “Optional Redemption Notice Date”) of its irrevocable election to redeem some or all of the then outstanding principal amount of this Note Debenture for cash for in an amount equal to the Optional Redemption Amount on the tenth (10th) 20th Trading Day following the Optional Redemption Notice Date (such date, the “Optional Redemption Date”, such ten (10)-Trading 20 Trading Day period, the “Optional Redemption Period” and such redemption, the “Optional Redemption”). The Optional Redemption Amount is payable in full on the Optional Redemption Date. The Company covenants and agrees that it will honor Company’s determination to pay an Optional Redemption in cash shall be applied ratably to all Notices of Conversion tendered from the time of delivery of the Optional Redemption Notice through holders of the date all amounts owing thereon are due and paid in fullthen outstanding Debentures based on their (or their predecessor’s) initial purchases of Debentures pursuant to the Purchase Agreement.

Optional Redemption at Election of Company. Subject to the provisions of this Section 6(a5(a), at any time after the Original Issue Date, the Company may may, deliver a written notice to the Holder (an “Optional Redemption Notice” and the date such notice is deemed delivered hereunder, the “Optional Redemption Notice Date”) of its irrevocable election to redeem some or all of the then outstanding principal amount of this Note for cash for in an amount equal to the Optional Redemption Amount on the tenth (10th) 20th Trading Day following the Optional Redemption Notice Date (such date, the “Optional Redemption Date”, such ten (10)-Trading 20 Trading Day period, the “Optional Redemption Period” and such redemption, the “Optional Redemption”). The Optional Redemption Amount is payable in full on the Optional Redemption Date. The Company covenants and agrees that it will honor Company’s determination to pay an Optional Redemption in cash shall be applied ratably to all Notices of Conversion tendered from the time of delivery of the Optional Redemption Notice through holders of the date all amounts owing thereon are due and paid in fullthen outstanding Notes based on their (or their predecessor’s) initial purchases of Notes pursuant to the Purchase Agreement.

Optional Redemption at Election of Company. Subject to the provisions of this Section 6(a), at any time after the Original Issue Date, the Company may deliver a notice to the Holder (an “Optional Redemption Notice” and the date such notice is deemed delivered hereunder, the “Optional Redemption Notice Date”) of its irrevocable election to redeem some or all of the then outstanding principal amount of this Note Debenture for cash for in an amount equal to the Optional Redemption Amount on the tenth (10th) 10th Trading Day following the Optional Redemption Notice Date (such date, the “Optional Redemption Date”, such ten (10)-Trading 10 Trading Day period, the “Optional Redemption Period” and such redemption, the “Optional Redemption”). The Optional Redemption Amount is payable in full on the Optional Redemption Date. The Company covenants and agrees that it will honor all Notices of Conversion tendered from the time of delivery of the Optional Redemption Notice through the date all amounts owing thereon are due and paid in full. The Company’s determination to pay an Optional Redemption in cash shall be applied ratably to all of the holders of the then outstanding Debentures based on their (or their predecessor’s) initial purchases of Debentures pursuant to the Purchase Agreement.

Optional Redemption at Election of Company. Subject to the provisions of this Section 6(a6(b), at any time after the date which is 6 months after the Original Issue Date, the Company may deliver a notice to the Holder (an a “Company Optional Redemption Notice” and the date such notice is deemed delivered hereunder, the “Company Optional Redemption Notice Date”) of its irrevocable election to redeem prepay some or all of the then outstanding principal amount of this Note Debenture for cash for in an amount equal to the Optional Redemption Amount (or in the event of a partial redemption that prorated amount) on the tenth (10th) 10th Trading Day following the Company Optional Redemption Notice Date (such date, the “Company Optional Redemption Date”, such ten (10)-Trading Day period, ” and together with the “Holder Optional Redemption Period” Date, each an "Optional Redemption Date"), and such redemption, the “Company Optional Redemption”” and together with the Holder Option Redemption, each an "Optional Redemption"). The Optional Redemption Amount is payable in full on the Optional Redemption Date. The Company covenants and agrees that it will honor all Notices of Conversion tendered from the time of delivery of the Optional Redemption Notice through the date all amounts owing thereon are due and paid in full.

Optional Redemption at Election of Company. Subject to the provisions of this Section 6(a), at any time after the Original Issue DateDate and from time to time, the Company may deliver a notice to the Holder (an “Optional Redemption Notice” and the date such notice is deemed delivered hereunder, the “Optional Redemption Notice Date”) of its irrevocable election to redeem some all or all any portion of the then outstanding principal amount of this Note Debenture and all other outstanding Debentures on a pro rata basis based upon the total principal amount of Debentures then outstanding for cash for in an amount equal to the Optional Redemption Amount on the tenth (10th) Trading Day 10th business day following the Optional Redemption Notice Date (such date, the “Optional Redemption Date”, such ten (10)-Trading Day 10th business day period, the “Optional Redemption Period” and such redemption, the “Optional Redemption”). The Optional Redemption Amount is payable in full on the Optional Redemption Date. The Company covenants and agrees that it will honor all Notices of Conversion tendered from the time of delivery of the Optional Redemption Notice through the date all amounts owing thereon are due and paid in full. The Company’s determination to pay an Optional Redemption in cash shall be applied ratably to all of the holders of the then outstanding Debentures based on their (or their predecessor’s) initial purchases of Debentures pursuant to the Purchase Agreement.

Optional Redemption at Election of Company. Subject to the provisions of this Section 6(a), at any time after the Original Issue Date, the Company may deliver a notice to the Holder (an ““ Optional Redemption NoticeNotice ” and the date such notice is deemed delivered hereunder, the ““ Optional Redemption Notice DateDate ”) of its irrevocable election to redeem some or all of the then outstanding principal amount of this Note Debenture for cash for in an amount equal to the Optional Redemption Amount on the tenth (10th) 10th Trading Day following the Optional Redemption Notice Date (such date, the ““ Optional Redemption DateDate ”, such ten (10)-Trading 10 Trading Day period, the ““ Optional Redemption PeriodPeriod ” and such redemption, the ““ Optional RedemptionRedemption ”). The Optional Redemption Amount is payable in full on the Optional Redemption Date. The Company covenants and agrees that it will honor all Notices of Conversion tendered from the time of delivery of the Optional Redemption Notice through the date all amounts owing thereon are due and paid in full. The Company’s determination to pay an Optional Redemption in cash shall be applied ratably to all of the holders of the then outstanding Debentures based on their (or their predecessor’s) initial purchases of Debentures pursuant to the Purchase Agreement.

Optional Redemption at Election of Company. Subject to the provisions of this Section 6(a)6, at any time after the Original Issue Closing Date, the Company or Parent may deliver a notice to the Holder Holders (an “"Optional Redemption Notice” " and the date such notice is deemed delivered hereunder, the “"Optional Redemption Notice Date”") of its irrevocable election to redeem some or all of the then outstanding principal amount of this Note for cash Debentures, for an amount amount, in cash, equal to the Optional Redemption Amount on the tenth (10th) Trading Day 30th calendar day following the Optional Redemption Notice Date (such date, the “"Optional Redemption Date”, such ten (10)-Trading Day period, the “Optional Redemption Period” " and such redemption, the “"Optional Redemption”"). The Optional Redemption Amount is payable due in full on the Optional Redemption Date. The Company and Parent each covenants and agrees that it will honor all Notices Notice of Conversion Conversions tendered from the time of delivery of the Optional Redemption Notice through the date all amounts owing thereon are due and paid in full.

Optional Redemption at Election of Company. Subject to the provisions of this Section 6(a), at any time after 6-month anniversary of the Original Issue Date, the Company may deliver a notice to the Holder (an “Optional Redemption Notice” and the date such notice is deemed delivered hereunder, the “Optional Redemption Notice Date”) of its irrevocable election to redeem some or all of the then outstanding principal amount of this Note Debenture for cash for in an amount equal to the Optional Redemption Amount on the tenth (10th) 20th Trading Day following the Optional Redemption Notice Date (such date, the “Optional Redemption Date”, such ten (10)-Trading 20 Trading Day period, the “Optional Redemption Period” and such redemption, the “Optional Redemption”). The Optional Redemption Amount is payable in full on the Optional Redemption Date. The Company covenants and agrees that it will honor all Notices of Conversion tendered from the time of delivery of the Optional Redemption Notice through the date all amounts owing thereon are due and paid in full. The Company’s determination to pay an Optional Redemption in cash shall be applied ratably to all of the holders of the then outstanding Debentures based on their (or their predecessor’s) initial purchases of Debentures pursuant to the Purchase Agreement.