Common use of Status of Converted Stock Clause in Contracts

Status of Converted Stock. In the event any shares of Series B Preferred Stock or Series M Preferred Stock shall be converted pursuant to Section 3 hereof, the shares so converted shall be cancelled and shall not be issuable by the corporation. The Certificate of Incorporation of this corporation shall be appropriately amended to effect the corresponding reduction in the corporation's authorized capital stock.

Status of Converted Stock. In the event any shares of Series B Preferred Stock or Series M A Preferred Stock shall be converted pursuant to Section 3 hereof, the shares so converted shall be cancelled canceled and shall not be issuable by this corporation; and the corporation. The Certificate of Incorporation of this corporation shall be appropriately amended to effect the corresponding reduction in the this corporation's ’s authorized capital stock.

Status of Converted Stock. In the event any shares of Series B Preferred Stock Stock, Series C Preferred or Series M Preferred Stock shall be converted pursuant to Section 3 hereofC.3 of this Article V., the shares so converted shall be cancelled canceled and shall not be issuable by the corporation. The This Certificate of Incorporation of this corporation shall be appropriately amended to effect the corresponding reduction in the corporation's authorized capital stock.

Status of Converted Stock. In the event any shares of Series B Preferred Stock or Series M A Preferred Stock shall be converted pursuant to Section 3 hereof, the shares of Series A Preferred Stock so converted shall be cancelled canceled and shall not be issuable by the corporationCompany. The Certificate Articles of Incorporation of this corporation the Company shall be appropriately amended to effect the corresponding reduction in the corporationCompany's authorized capital stock.

Status of Converted Stock. In the event any shares of Series B Preferred Stock or Series M Preferred ------------------------- Stock shall be converted pursuant to Section 2 or Section 3 hereof, the shares so converted shall be cancelled canceled and shall not be issuable by the corporation. The Certificate of Incorporation of this corporation shall be appropriately amended to effect the corresponding reduction in the corporation's authorized capital stock.

Status of Converted Stock. In the event any shares of Series B Preferred Stock or Series M D Preferred Stock shall be converted pursuant to this Section 3 hereof3, the shares so converted shall be retired and cancelled and shall not be issuable by the this corporation. The This Certificate of Incorporation of this corporation shall be appropriately amended (without the need for stockholder action) to effect the corresponding reduction in the this corporation's ’s authorized capital stock.

Status of Converted Stock. In the event any shares of Series A Preferred Stock, Series B Preferred Stock or Series M C Preferred Stock shall be converted pursuant to Section 3 hereof, the shares so converted shall be cancelled canceled and shall not be issuable by the corporation. The Certificate , and the Articles of Incorporation of this corporation shall be appropriately amended to effect the corresponding reduction in the corporation's authorized capital stock.

Status of Converted Stock. In the event any shares of Series B Preferred Stock or Series M Preferred Stock shall be converted pursuant to Section 3 hereof4 of Article III(B) above, the shares so converted shall be cancelled and shall not be issuable by the corporationCorporation. The This Certificate of Incorporation of this corporation shall be appropriately amended to effect the corresponding reduction in the corporation's Corporation’s authorized capital stock.

Status of Converted Stock. In the event case any shares of Series A -------------------------- Preferred, Series B Preferred Stock or Series M C Preferred Stock shall be converted pursuant to Section 3 hereof, all certificates of the shares so converted shall be cancelled appropriately canceled on the books of the Corporation and the shares so converted shall not be issuable reissued by the corporation. The Certificate of Incorporation of this corporation shall be appropriately amended to effect the corresponding reduction in the corporation's authorized capital stockCorporation.

Status of Converted Stock. In the event any shares of Series A Preferred Stock, Series B Preferred Stock or Series M C Preferred Stock shall be converted pursuant to Section 3 hereof, the shares so converted shall be cancelled and shall not be issuable by the corporation. The Certificate of Incorporation of this corporation shall be appropriately amended to effect the corresponding reduction in the corporation's authorized capital stock.