Common use of Treatment of Convertible Preferred Stock Clause in Contracts

Treatment of Convertible Preferred Stock. Shares of Convertible Preferred Stock owned by the Shareholder shall be treated in all respects in the same manner as shares of Common Stock owned by the Shareholder for the purposes of this Agreement.

Treatment of Convertible Preferred Stock. Shares of ---------------------------------------- Convertible Preferred Stock owned by the Shareholder shall be treated in all respects in the same manner as shares of Common Stock owned by the Shareholder for the purposes of this Agreement. The Company and the Shareholder agree that the Shareholder shall convert shares of Convertible Preferred Stock registered and sold pursuant to this Agreement into shares of Common Stock contemporaneously with the closing of any such sale.

Treatment of Convertible Preferred Stock. Shares of Convertible Preferred Stock owned by the Shareholder shall be treated in all respects in the same manner as shares of Common Stock owned by the Shareholder for the purposes of this Agreement. The Company and the Shareholder agree that the Shareholder shall convert shares of Convertible Preferred Stock registered and sold pursuant to this Agreement into shares of Common Stock contemporaneously with the closing of any such sale.

Treatment of Convertible Preferred Stock. Shares of Convertible Preferred Stock owned by the Shareholder Stockholder shall be treated in all respects in the same manner as shares of Common Stock owned by the Shareholder Stockholder for the purposes of this Agreement. The Company and the Stockholder agree that the Stockholder shall convert shares of Convertible Preferred Stock registered and sold pursuant to this Agreement into shares of Common Stock contemporaneously with the closing of any such sale.