Common use of Special Optional Redemption Clause in Contracts

Special Optional Redemption. Upon the occurrence of a “Change of Control/Delisting”, the Issuer may, at its option, redeem the Series A Preferred Stock, in whole or in part within 120 days after the first date on which such Change of Control/Delisting occurred, by paying $25.00 per share, plus any accrued and unpaid dividends to, but not including, the date of redemption. If, prior to the Change of Control Conversion Date, the Issuer has provided or provides notice of its election to redeem the Series A Preferred Stock (whether the optional redemption right or the special optional redemption right), the holders of Series A Preferred Stock will not have the conversion rights described below.

Special Optional Redemption. Upon the occurrence of a “Change of Control/Delisting”, the Issuer may, at its option, redeem the Series A Preferred Stock, in whole or in part within 120 days after the first date on which such Change of Control/Delisting Control occurred, by paying $25.00 per share, plus any accrued and unpaid dividends to, but not including, the date of redemption. If, prior to the Change of Control Conversion Date, the Issuer has provided or provides notice exercises any of its election redemption rights relating to redeem the Series A Preferred Stock (whether the optional redemption right or the special optional redemption right), the holders of Series A Preferred Stock will not have the conversion rights described in the “Change of Control” section below.

Special Optional Redemption. Upon the occurrence of a “Change of Control/Delisting”, the Issuer may, at its option, redeem the Series A B Preferred Stock, in whole or in part within 120 days after the first date on which such Change of Control/Delisting Control occurred, by paying $25.00 per share, plus any accrued and unpaid dividends to, but not including, the date of redemption. If, prior to the Change of Control Conversion Date, the Issuer has provided or provides notice exercises any of its election redemption rights relating to redeem the Series A B Preferred Stock (whether the optional redemption right or the special optional redemption right), the holders of Series A B Preferred Stock will not have the conversion rights described below.

Special Optional Redemption. Upon the occurrence of a “Change of Control/Delisting”, the Issuer may, at its option, redeem the Series A Preferred Stock, in whole or in part within 120 days after the first date on which such Change of Control/Delisting Control occurred, by paying for cash, at a redemption price of $25.00 per share, plus any accrued and unpaid dividends to, but not including, the date of redemption. If, prior to the Change of Control Conversion Date, the Issuer has provided or provides notice exercises any of its election redemption rights relating to redeem the Series A Preferred Stock (whether the optional redemption right or the special optional redemption right), the holders of Series A Preferred Stock will not have the conversion rights described below.

Special Optional Redemption. Upon the occurrence of a “Change of Control/Delisting”, the Issuer may, at its option, redeem the Series A Preferred Stock, in whole or in part within 120 days after the first date on which such Change of Control/Delisting Control occurred, by paying $25.00 per share, plus any accrued and unpaid dividends to, but not including, the date of redemption. If, prior to the Change of Control Conversion Date, the Issuer has provided or provides notice exercises any of its election redemption rights relating to redeem the Series A Preferred Stock (whether the optional redemption right or the special optional redemption right), the holders of Series A Preferred Stock will not have the conversion rights described below.

Special Optional Redemption. Upon the occurrence of a “Change of Control/Delisting”, the Issuer may, at its option, redeem the Series A B Preferred Stock, in whole or in part within 120 days after the first date on which such Change of Control/Delisting Control occurred, by paying for cash, at a redemption price of $25.00 per share, plus any accrued and unpaid dividends to, but not including, the date of redemption. If, prior to the Change of Control Conversion Date, the Issuer has provided or provides notice exercises any of its election redemption rights relating to redeem the Series A B Preferred Stock (whether the optional redemption right or the special optional redemption right), the holders of Series A B Preferred Stock will not have the conversion rights described below.